Prepayment of credit: what does the law say?

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A borrower can at any time decides to repay a loan repurchase agreement early. In this case, the procedure to be followed remains the same as that applied during the early repayment of a conventional loan. The case of consumer credit A reduction in its financial charges or an unexpected increase in its cash inflows […]

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Borrowing money starts with you

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Obviously, not having to borrow for investment is always better, we know that. Because a loan must be repaid-with interest. But with certain (unexpected) expenses there is sometimes no choice. After all, not everyone has the savings to be able to pay for a car, a new washing machine or study immediately. Then a loan […]

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Deducting Loans as Business Expenses – Error or Truth?

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The tax and duty landscape in Germany has changed enormously in the last ten years. The black and yellow federal government had originally started to simplify taxation. Do you still hear the tenor: “Tax rates down – tax bases up”? The sales tax rate has increased from 16 to 19 percent since 2007, which corresponds […]

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