{"id":342,"date":"2016-09-01T16:42:52","date_gmt":"2016-09-01T15:42:52","guid":{"rendered":"http:\/\/bestfinance.ch\/?p=342"},"modified":"2021-03-15T14:20:22","modified_gmt":"2021-03-15T13:20:22","slug":"cheap-is-good-many-consumers-follow-this-motto-but-that-doesnt-work-for-loans","status":"publish","type":"post","link":"https:\/\/www.bestfinance.ch\/en\/billig-ist-gut-diesem-motto-folgen-viele-verbraucher-bei-krediten-funktionert-das-aber-nicht\/","title":{"rendered":"Cheap is good - many consumers follow this motto. But that doesn't work for loans!"},"content":{"rendered":"<h2>Whether insurance, electricity provider or lender - the number of providers is often large. Especially when searching on the Internet, customers quickly lose the overview.<\/h2>\n<p>&nbsp;<\/p>\n<p><strong>But beware:<\/strong><br \/>\nLow interest rates aren't the only thing that matters when it comes to loans.<\/p>\n<p>Most comparison portals work on the same principle: the cheapest provider wins.<\/p>\n<p>Comparing based on interest rates alone can be misleading. \"The amount of the loan interest usually depends on the creditworthiness of the customer.\"<\/p>\n<p><strong>That is:<\/strong><br \/>\nIf a financial institution rates a customer's solvency lower, the customer may have to pay more interest than the comparison via the portal would suggest. Only a few banks offer the same interest rates across all credit ratings. Others reject customers with a low credit rating outright.<\/p>\n<p>Anyone who starts a credit comparison must remember that all options are always optimally set.<\/p>\n<p>They can't even tell if they'll get the loan on those terms.<\/p>\n<p>In addition, advertising offers are often found in the first results.<\/p>\n<p>Don't fall for these bait and switch offers.<\/p>\n<h1>\"Therefore, whoever is on top is not always the best.\"<\/h1>\n<p>&nbsp;<\/p>\n<p>If you are looking for particularly cheap loans, Bestfinance is the right place for you: We know the loan market and can optimize your request so that you really get your suitable loan with the best conditions.<\/p>\n<p>You can calculate your desired amount and rate using our loan calculator.<\/p>\n<p>You will receive your personal financing offer within a very short time, completely free of charge and without obligation.<\/p>\n<p><a class=\"btn btn-success\" href=\"https:\/\/www.bestfinance.ch\/en\/low-loan-instalments-for-your-desired-loan\/\"> Apply for a loan<\/a><\/p>\n<p>Save article as PDF:\u00a0<a href=\"https:\/\/www.bestfinance.ch\/wp-content\/uploads\/2018\/01\/Billig-ist-gut-diesem-Motto-folgen-viele-Verbraucher.pdf\">Cheap is good - many consumers follow this motto. But that doesn't work for loans!.pdf<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Here, the cheapest provider is not always the best. Anyone who relies solely on the conditions shown on comparison portals on the Internet is making a mistake. 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