Monthly Archives: April 2019

Loan Commitment in the Year of Separation?

First, the year of separation must be overcome, only then is a divorce possible. And that can be quite expensive under certain circumstances. Even if a marriage contract prevents a dispute over money, legal fees and legal fees are always payable to the still-married couple. Further editorial at

Costs often pile up even before the divorce


However, at least one of the two partners may incur unforeseen costs already in the year of separation. The year of separation was mandated by law to allow spouses sufficient time before the final divorce to thoroughly rethink this step. During this period of reflection, the spouses can no longer share a common household. In practice, however, the decision of most divorcing couples is already certain. Therefore, the year of separation is usually used by both parties to sort and reorient their lives. This includes the extract of a spouse from the shared apartment, this should not be completely dissolved. The common household is often dissolved before the final divorce.

On one or both partners so usually costs for the move, brokerage fees and deposit. In many cases, new furnishings must be purchased. Most of these expenses are concentrated in such a way that they often can not be paid out of their own reserves. A loan can help – but is it granted in this particular situation?

Keep a close eye on finances during the year of separation

On the part of the bank, in principle nothing speaks against lending in the year of separation. If you do not take up the loan with the spouse, but as the sole borrower, there are no problems with the separation of property. Banks usually ask married applicants if the loan should not be taken out together with the spouse. Finally, this provides additional security for the lender. However, the bank can not insist on joint borrowing.

It may make sense to talk to the bank about the upcoming divorce before borrowing. This is especially true if you receive alimony after the divorce. These should be taken into account from the very outset in the budgetary accounts, so that the credit installments will not overburden you later. In general, when borrowing in the year of separation, you should keep both loan amount and installment as low as possible. Because it is never predictable in advance, which costs will come with the divorce still on you, how the separation of property is ultimately regulated and how high will be any maintenance payments. If, after the divorce, it turns out that you have more money available to repay your loan than you originally anticipated, you can still make special repayments or talk to your bank adviser about increasing the monthly loan installment.

Loan with Zero Percent: Just a Publicity Stunt?

Loans without interest – with such seemingly unbeatable offers make lately and again banks and credit intermediaries attention. But is there more to it than shameless advertising?? And do the banks suddenly really have to give away money?

So far, zero-percent financing has only been known from the car dealership, the electronics market or the furniture business. For years, traders have been drumming about the allegedly free financing, which is supposed to make larger purchases easy. However, a closer look reveals that the offers are by no means as beneficial as they appear at first sight.

Even the “free loans”, one suspects it, have a catch …

First of all, the question arises: Are banks and credit intermediar

ies making false promises in their advertising? The answer: not in the legal sense. Because they actually forgive interest-free loans. However (and they do not reveal this in advertising), only a very small number of interested parties benefit from such financing. Very many consumers who make a request are flat rate refused. This can be the case, for example, if the credit rating is not first rate and if there is a flaw in the credit score information.

For a large group of consumers, the desire for a free loan remains a dream. Financial experts say: “In the face of aggressive advertising for the allegedly free bank loans, mass disappointments are inevitable.”

Platinium rejects the market screaming offers. With us you get no loans without interest – but here everyone really has the fair chance of a loan. Especially in the last few weeks, we were able to help many interested parties to obtain a loan that had previously unsuccessfully asked other providers for a zero-percent loan.

Incidentally, even borrowers who have been given a “free loan” elsewhere are by no means always happy with their decision. As a rule, they receive only a very small sum without interest from the bank. If you need more, you have to pay interest in the normal way. The difference to a pure decoy offer is therefore not so big …