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Deduct loan interest from tax

Deduct interest on a loan from tax. If a loan is taken out, the repayment is usually made in monthly installments. The installments consist of repayment and interest. Under certain conditions, you can claim the interest as advertising costs in your personal tax return. This will reduce your taxable income and lower the tax burden.Read more

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Take out loan for Student Loan repayment? It’s worth it!

“An investment in knowledge still pays the best interest”, Benjamin Franklin, the founding father of today’s USA, who died in 1790, already knew that. Students in Germany receive financial support from the Student Loan, which is only half repayable. Another up to 50% discount is available if the loan is redeemed early and completely. ManyRead more

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Good Credit has been offering a disposition loan

Since September 2016, Good Credit has been offering a disposition loan (short overdraft facility) for consumers in Germany and Austria. A credit line in itself is not new or unusual, so such a loan is usually offered to every checking account and by every bank. Good Credit, however, sets the bar high and promises theRead more

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Loan – The Reputable Credit Broker?

Good Credit is a credit intermediary that has been providing bank financing to consumers for more than 40 years. Master Media Group AG, based in Steckborn, Switzerland, is behind the Good Credit brand. In this test, you will find out how good and serious the offer really is and which advantages and disadvantages have toRead more

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Bank – loan offer in 30 seconds

Good Credit Bank is a bank in Germany that has specialized in the awarding of Good Finance to consumers since 1959. The company’s goal is to quickly and directly assign Good Finance to private households. This goal is achieved, for example, by promptly processing loan requests. Approved financing is often paid out in just twoRead more

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Loan declined? Reasons and what to do!

Annoying but often every day: The loan was rejected. There are many reasons why consumers want to apply for a loan, be it to bridge a financial bottleneck or because of more expensive new acquisitions. The shock is great when a loan application is not approved by the house bank or another loan provider. ReasonsRead more

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Overview of various construction loans

The financing of the home must be before the start of construction. Construction financing is the combination of the various types of financing to cover the capital requirements when financing a property. This includes the purchase of a new building from a property developer, an own building project, the purchase of an existing property orRead more