Just another WordPress site Tue, 04 Jun 2019 20:58:32 +0000 en-US hourly 1 Green Building – Promoting Sustainable Construction and Financial Guide Tue, 04 Jun 2019 20:58:32 +0000

In times of climate crisis, more and more people are choosing to make their lives “greener”. This includes the so-called “green building” – the sustainable building of houses. To promote this environmentally friendly home construction, some banks offer eco-loans to help finance a sustainable home.
In today’s blog post we have collected the most important facts about sustainable building and its support for you.

“Green Building” pays off – not just for the environment

"Green Building" pays off - not just for the environment

The energy-saving and resource-saving construction or conversion of real estate is promoted by some banks with green credits. Loan support is usually tied to specific conditions and requires certification of the construction project through its sustainable construction. Significantly, the state also supports sustainable housing construction, for example with the state-subsidized development bank .

Loans for green construction projects tend to be less expensive than other loans, but more stringent conditions often require measures that incur additional costs. Bank promotes the use of experts for energy-efficient refurbishment or construction planning, who must examine the construction project. The costs are borne by the borrower. Nevertheless, sustainable house building can also be economically viable . In the long term, for example, modern and environmentally friendly construction measures can save electricity and heating costs.
Basically – the higher the environmental factor of a property, the higher the loan granted. It therefore pays off to reduce energy consumption in building a house and to save resources.

Funding by Bank


The promotes sustainable construction projects and grants loans for the so-called Bank Efficiency House Standard . The energy quality of real estate is determined for the valuation of the Bank Efficiency Houses. Reference quantities for this are the primary energy demand and the transmission heat loss. Key figures are given for this – the smaller the key figure, the lower the energy requirements of the building and the higher the funding from Bank. There is a separate standard for listed houses.
Bank offers loans for energy-efficient renovation and energy-efficient construction. In addition, subsidy models are also offered, eg a grant for the planning and construction supervision by an expert for energy efficiency or a subsidy for the installation of fuel cell systems.
The exact funding conditions , as well as the current interest rates of Bank can be found on the website of the .

Apply for funding – what do you have to consider?


If you want to apply for a grant for your “green building”, you should do it before the construction starts. Later, in most cases, no additional subsidies will be paid.
An application for funding from Bank must be made as a private individual via the company’s own bank or, for example, through a state subsidy agency – in Schleswig-Holstein the Investitionsbank Schleswig-Holstein. The Bank only lends its loans through credit institutions, not directly to the private applicant. When applying for the state subsidy agency, another advantage may result – usually this secures subordinated in the land register, this reduces the interest of conventional loans in the first rank.
Assessment scales can be used to determine the potential amount of credit for each project. Many lenders also have to prove that the planned construction project or the refurbishment measure meets their sustainability requirements.

There are various certification procedures in Germany for this, for example the criteria catalog of the German Sustainable Building Council (DGNB). It contains requirements that a project must meet in order to obtain a certificate.

The criteria are divided into six categories:

1. Ecological quality

Ecological quality includes requirements such as the use of environmentally friendly materials during construction.

2. Economic quality

Economic quality should also include economic factors in all areas of home construction. In order to ensure the long-term viability of a property, the following criteria must be taken into account: building-related life cycle costs, flexibility and reusability, and marketability.

3. Socio-cultural and functional quality

The aim of the socio-cultural quality is to strengthen the social performance of the population with the sustainable construction of houses. Factors such as space efficiency, health, accessibility and home comfort play an important role in this context. What many do not know, Bank promotes structural measures in residential buildings with the program “age-appropriate rebuilding” in order to reduce barriers in the housing stock and to increase living comfort .

4. Technical quality

The technical quality includes, among other things, the expense of maintenance measures or the possibility of recycling or demolition measures.

5. Process quality

Process quality includes factors such as the quality of the project preparation, securing the sustainability aspects, quality assurance of the construction work and an orderly commissioning. The nine factors of the DGNB aim to increase the quality of planning and construction.

6. Location quality

The quality of the location of a building includes criteria that influence the effect of the building on the environment and vice versa the effect of the environment on the building.
Among other things, this includes an analysis of possible negative environmental influences and appropriate protective measures. In addition, the building should have a positive influence on the image of the district in which it arises. In addition, good transport connections and the proximity to public facilities relevant to use are among the most important factors in the quality of the location.

The system of the DGNB does not evaluate individual measures, but the environmentally sound overall concept of a building.

The search for the appropriate funding opportunity for the personal construction project can cost a lot of time. As an independent consultant, the team of TGI Financial Partners will gladly assist you in finding the right funding!

Sustainable Building – How to do it right?

Sustainable Building - How to do it right?

When building a “Green Building” or a sustainable renovation, it definitely makes sense to get the support of an expert . But what exactly is a “Green Building” anyway?

“Green buildings” were developed under the aspect of sustainability. This means that they save energy and resources at all stages of the building lifecycle and reduce the harmful effects on the environment and health.

To achieve these goals, there are different measures:

  • Use of ecological building materials , eg from fast-growing plant materials such as wood, bamboo and straw or recycled material
  • Construction of solar houses, plus energy houses or low energy houses
  • Generation of renewable energies locally – by solar energy, water energy, wind energy or biomass
  • Reduce waste during construction – avoid waste of building materials and energy through better planning
  • Reduction of waste after construction – for example by installing composting equipment in the garden

In order to reduce the heating and electricity requirements, one should also dispense with the installation of air conditioning, with ecological insulation materials ensure that the heat of the house is not lost and incorporate modern, multi-glazed windows and doors, which also reduce heat loss.

Especially in industrialized countries like Germany, houses are largely involved in high energy and resource consumption. By implementing environmentally friendly measures, the burden on the environment can be reduced enormously.

With the right support at your side, make your home a “green building” !

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0 percent loan for a car – is it possible to get it today? Mon, 03 Jun 2019 03:23:07 +0000 Car loans without interest – the temptation for many motorists, especially beginners. Today, many car dealerships with the support of various banking institutions provide the most favorable conditions, providing an opportunity for customers to purchase vehicles with minimal initial costs. And most often such offers are relevant not only for imported cars, but also for domestic models. What lies behind the “interest-free” loans? What conditions actually provide banks? How profitable to take a car loan at 0 percent? Answer each of the questions.

Should I take an interest-free loan for a car?

Should I take an interest-free loan for a car?


To answer this question, you need to understand the traditional credit systems. And they offer paperwork for a period of 5-7 years, for which the borrower often has to overpay up to 100% of the original amount, and sometimes more. If you take a preferential car loan, designed, for example, for 2 years, the appreciation will be much less – 10%, but this will require a large amount to be paid initially – from 50%.

Therefore, many customers of car dealerships, having at least 2/3 of the cost of a car, try to either wait, collect the full amount, or borrow from friends, without being drawn into credit obligations.

Of course, if a car dealer offers a good price, the necessary equipment and an interest-free loan from a bank for a short period, then you should take advantage of such conditions. Costs will be minimal.

Reefs interest-free auto loan

Reefs interest-free auto loan


Car loan without interest in the showroom – a tempting scheme, which has its own nuances. If we consider such conditions from the point of view of legislation, there can be no credit for a car absolutely without interest, which is indicated even in the Civil Code. In this case, the lowest interest rate is used, for example, 0.0001% per annum.

In an effort to buy a car on credit, it is necessary to take into account insurance. This is an additional item of expenditure, which will require about 6% of the amount per year. If a loan is supposed to be processed without interest, as a rule, banks are forced to pay a one-time fee, which is about 5%. Also an additional requirement may be the need for life insurance of the borrower.

A car loan without interest is a profitable purchase, but you need to take into account another nuance. Any banking institution when issuing loans takes into account the price of deposits in the market. If the client is promised 0.0001% per annum with an initial contribution of 10%, in fact, it may turn out differently.

Very often, banks prescribe in the contract in small print an additional condition – for example, the size of the monthly commission, which is 1%. As a result, the real interest rate will not be 0.0001%, but all 20% or more. In addition, such commissions are often attached to the body of the loan, rather than the balance, so the amount does not decrease even at the end of the term.

And banks are not shy about raising penalties for such loans. And any delay in payments promises the borrower a serious increase in the size of the required contribution. Banks do not miss their benefits. And even if they promise really favorable conditions for the borrower, they earn on other schemes.

For example, in cooperation with insurance companies that benefit from the sale of Casco policies, which means that they are ready to share with banking institutions to increase their turnover. In addition, car dealers often offer banks additional discounts on cars, which further increases the profitability of lending.

Requirements for borrowers

Requirements for borrowers

For car registration on the terms of interest-free lending, the bank, as a rule, requires that the following conditions be met: 

  • age – 21–60 years;
  • monthly payments can not be more than 40% of the income;
  • insurance is possible in the company, which is listed in the list of partners of a banking institution.

The minimum package of documents that will have to provide the borrower:

  • passport and driver’s license;
  • certificate of income from work.

For a positive decision on the application, the income should be high and stable, taking into account the experience on the last workplace and other nuances.

Estimates of upcoming expenses


First you need to find out from the bank employee how the monthly commission is charged: on the loan amount or on its balance. It is best to ask for an example of a contract by which you can navigate in the calculations.

If the fee is determined depending on the loan amount, the calculation will be simplified. Advance is transferred from the percentage in the money format, taking into account the cost of the selected machine model. The resulting difference between price and down payment is the loan body. And then you need to take into account all the interest on car loans, which will charge the bank.

Let’s give an example. A vehicle costs 1 million rubles, an advance payment is 10%, then we get a loan body – 900 thousand rubles. If the monthly commission is 0.9%, the amount of regular payments is 8.1 thousand rubles.

The body of the loan must be divided by the number of months of the loan in order to receive the size of the contributions. For example, the loan period is 24 months, then each month you will have to repay the loan body in the amount of 37.5 thousand rubles. To this amount we add the monthly commission and receive a monthly payment of 45.6 thousand rubles. This will also have to add the cost of insurance.

What you need to remember?


If you decide to buy a car on credit with a minimum annual interest rate, then you should consider the proposed conditions from different banks, and also consider some aspects:

  1. First, it is worth weighing the need for lending. Do I need a bank loan, as it seems? Perhaps it is better to ask your friends or relatives if there is a shortage of a relatively small amount compared to the total price of a car at a car dealership? If there is a chance to buy a car without a loan, it is better to do just that.
  2. Sober assessment of financial opportunities – salvation from the debt trap. It is necessary to imagine that a loan is taken not for one month, it will have to be paid out according to plan for a long period. Monthly income should be not only high, but also stable. Signing loan documents is only half the case, it is much more difficult to make payments in the right amount each month until the full repayment of the debt. This is especially important if an interest-free loan is issued, since the terms of such contracts, as a rule, provide for increased penalties.
  3. Should not rush when signing documents. It is necessary to carefully study the conditions, ask questions to a bank employee in order to get a good understanding of all the nuances: the amount of overpayment and monthly payments, payment methods and terms, etc. Particular attention should be paid to the parts of documents where the text is written in small print, since the main banking tricks are hidden it is in them.
  4. When you make a contract in a car dealership, you need to pay attention to the price of the car in the necessary configuration. Sometimes this amount is significantly higher than previously stated.
  5. You also need to revise the terms of insurance. Most often, banks indicate those companies with which they will have to enter into an agreement. It is necessary to familiarize with the basic offers to choose the best
  6. Upon receipt of a defective product, if it returns, the buyer has the right to claim damages.

It is necessary to remember if the borrower fails to make a mandatory payment, he needs to inform the bank about this, preferably in writing and indicating good reasons, as well as providing supporting documents.

What to choose?

If you decide to purchase a car at a car dealership, you should prepare for a possible change in the terms of the loan in the loan registration process. And in fact, it may be that the sale of the vehicle will be performed with a certain annual percentage. Credit in this case is a tool to attract customers and increase profits. As a rule, zero loans are issued in harsh conditions, under which the possibility of choosing an insurance company, picking up cars, etc. is limited. Therefore, the final decision on how to choose a purchase scheme remains for the future car owner.

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Bank changes fee structure Tue, 07 May 2019 14:40:40 +0000

For Bank investors , a one-off fee of EUR 4 per purchase of a loan will be charged for the previously free investment. Upon revocation of the credit agreement by the borrower within the cancellation period, the processing fee will of course be refunded.

Bank will change the fees for the credit marketplace

Bank will change the fees for the credit marketplace

For Bank’s borrower , instead of 1% of the loan amount, it is now scheduled:

– For 36-month loans, one-off 2% of the loan amount or 0.66% per year, at least EUR 40 per loan

– For 60-month loans, a one-off payment of 2.5% of the loan amount or 0.5% per year, at least 60 EUR per loan

– At the same time, the minimum loan amount for Bank will be raised from € 500 to € 1,000, including partial funding.


As before, Bank has no up-front fees . This will allow you to be sure that you will only be charged if you receive a service, such as a loan or a financial investment.


Of course, we realize that a majority of users find the Bank marketplace better with less fees than more. Nevertheless, this step is important so that Bank can continue providing you with this good offer and the infrastructure for it in the future.

1. Benefit for Bank investor

1. Benefit for Bank investor

a. Investors can earn good returns from Bank

a. Investors can earn good returns from Bank

The concept of “loans from person to person” works and offers investors clear added value in the form of returns. Since its launch in March 2007, the average monthly return on investment (median) has been 9.4%. For 90% of investor portfolios, updated return expectations are between 4.7% and 12.9% per year (excluding the top 5% and worst 5%). Your investor return will be little affected by the processing fee. An example: someone creates 500 EUR over 36 months and receives 9% interest. In this case, the processing fee reduces its return by about half a percentage point. At 60 months, the reduction is only about 0.35%. At 250 EUR and 9% interest for 36 months, the processing fee reduces the return by about 1.2%, at 60 months by about 0.7%.


b. The risk of investing in Bank can be assessed empirically

So far we have not charged any processing fees because we have given our investors a “pioneer bonus”. This was also due to the fact that the risk quotas published at the start were a good guide but not yet validated. After more than 20 months, there is a good database that is publicly accessible to all investors via the marketplace statistics. Based on this you can estimate and price your risk as an investor.


2. Benefit for Bank’s borrower

a. Borrowers receive fair and quick financing from Bank

a. Borrowers receive fair and quick financing from Bank

Even with borrowers, the previous fees of 1% are a “pioneer bonus”. Meanwhile , borrowers usually get within 1 week their money on fair terms – the start was still unclear how fast that is. The Bank solution is also positively rated by Stiftung Warentest, our offer is described by the financial experts as the “first choice”.


b. Bank is cheap and transparent for borrowers

Overall, Bank is one of the cheap credit providers in Germany with the increase in agency fees to 2% for 36 months and 2.5% for 60 months. Taking into account that borrowers at Bank do not have to pay prepayment penalties as with most banks and no notice periods are to be considered, Bank is far ahead.


3. Services for investors and borrowers

3. Services for investors and borrowers

– Opening a free user account (including PostIdent)

– preliminary examination of borrowers and transparent risk assessment of credit projects; (including Schufa scoring)

– Legal certainty by providing valid and reliable standard contracts between all parties

– Ongoing control of payments by monthly payments and payments

– Risk minimization for investors through monthly pool compensation and related calculations

– and if problems arise: structured care of late payers in the dunning process


Our vision is to establish an online marketplace for money . Especially in times of financial crisis shows that such an alternative to banks makes sense. We are not criticizing the banking system as a whole, but the “decoupling” of real value chains that has occurred. This confirms us in enabling borrowers and investors to interact with each other through Bank’s direct money transactions . In order for this to work sustainably, and given the benefits and benefits that customers receive from Bank, we consider the new fee structure to be meaningful and fair .

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Is it safe to borrow online? Fri, 19 Apr 2019 20:32:40 +0000

Internet security has increased significantly in recent years, to the point of considering your transactions as safe or more than those of an ATM or even physical payments in person, to give some examples. And asking for a loan online was not going to be an exception. Although it is clear that each company is responsible for the security of its own website and there may be cases in which the measures to build trust are not enough.

As far as Big Brothers is concerned , the commitment of security and trust is maximum, an absolute priority. In these lines we explain what are precisely the three main lines that Big Brothers has established to guarantee the security in the exchange of data through the website: an SSL encryption to encrypt the information sent through the form, the data protection according to the current law and a customer service based on proximity and transparency.

SSL encryption: the king’s security protocol on the Web

SSL encryption: the king

SSL encryption is the most commonly used security protocol on the Internet, thanks to its maximum effectiveness. It is an “asymmetric” cryptographic system to authenticate the reliability of the parties that establish the communication and to guarantee the integrity of the message or data.

Big Brothers has spared no effort to implement this SSL encryption and has turned to two of the largest companies in the sector in the field. One of them is Comodo, which guarantees security in the exchange of information through the Big Brothers website through its Web Inspector software, probably the most advanced of the North American company.

In addition, Big Brothers has also chosen, the most reliable and powerful company worldwide in terms of web hosting and domain registration. GoDaddy goes beyond that task and also offers security certificates, according to its reputation. This certificate can always be consulted on the Big Brothers website, which shows the validity period of said certificate. This virtual stamp shares space with the Web Inspector of Comodo: both are shown at the bottom of the web page with the phrase that summarizes the commitment of Big Brothers, the “Security first”.

Data Protection, basic to request an Internet loan

One of the reasons that leads many users to request a mini loan through the Internet is precisely the confidentiality and discretion of this method, which can go completely unnoticed by third parties. And in this task, scrupulous respect for the current data protection law is paramount.

In the case of Big Brothers, the Data Protection Act to which it is submitted is that of the United Kingdom, the Data Protection Act 1998 . This law, which safeguards the confidentiality and good use of the data provided through the form, is precisely one of the most veteran of the current scene.

As can be seen in the Terms and Conditions of the privacy policy, the client “is not obliged to provide their personal data” and has the “right to prohibit the use of their personal information”, although it is acknowledged that they process and send the data to Collaborating partners are necessary to process the application.

In addition, Big Brothers through its Matrix Traffic Control SA, is com
promises that the client exercises his right to “request the deletion of his personal data from the database” of the company, and allows the client to “access and manage the information” that he provided at the time, in accordance with the current law .


A company available to the client

A company available to the client

Finally, the third line to generate trust with the client is the closeness and attention to problems and doubts. In this way, Big Brothers has a mail account that channels all communications with customers, whatever their nature.
And in addition to this, Big Brothers has launched a new customer service service through Skype: it is a convenient and fair way to establish voice communications with users, as there is no need to make any disbursement when making the call, or per minute or per call establishment.

Therefore, requesting a loan online is safe today, and even more so through Big Brothers, because all the efforts of the company are to guarantee the security of the website and generate confidence in the client. And there is no better sign of the success of this policy than that of satisfied customers, as indicated by the rate of 98.99% of loyal customers on the platform, that is, they repeat for their good experience in applying for one of these credits. quick and easy.

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Use Loan Calculator and Save Sun, 07 Apr 2019 15:01:17 +0000 For borrowers, the situation on the capital market now seems more favorable than ever: the European Central Bank’s interest rate cut to 0.05 percent also lowers consumer loans, as the ABC Lending loan calculator shows. The following tips can save more money.

With these tips, the instant loan is even cheaper

With these tips, the instant loan is even cheaper

1. The online search is worthwhile

Although bank branches are currently offering particularly cheap loans, higher interest rates must be taken into account in comparison to online credit. With the loans, the borrower finances the branch and the service staff at the same time.

2. Use Loan Calculator

2. Use Loan Calculator

On the Internet, many direct banks offer their services; Moreover, the offers of personal loans should not be disregarded. The credit comparison is so important because the individual risk of different banks is also differentiated. Thus, credit institutions often offer very different terms for the same service.

3. Arrange for fast repayment

The loan calculator shows it: The faster a loan is repaid, the cheaper the interest rates. On the one hand, they are only calculated for a shorter period of time; on the other hand, banks can better anticipate developments in the capital market in the short term – and usually offer particularly favorable terms for terms of up to 24 months.

4. Specify the purpose of use

With a car loan particularly favorable interest rates are made possible due to the collateral security. Because if there is a loss of payments, the bank can still sell the purchased car. Even with a rescheduling is a traceable loan, which is usually cheap to get. Anyone who discloses what the money is needed for creates confidence at the same time.

5. Apply for a loan with the second borrower

The interest rate of most loans, such as annuity loans, car loans or personal loans is credit-dependent, so it is calculated directly according to the creditworthiness of the debtor. The loan calculator of ABC Lending lists under the details of the hits whether the interest rate on the online loan is calculated in this way. If the borrower takes out the loan together with a second borrower, the likelihood of easy repayment increases for the banks. The credit rating thus rises – and the interest rate drops.

Conclusion: loan calculator from ABC Lending helps in the search for credit

Whether an urgent acquisition or a rescheduling is pending – prospective borrowers should take advantage of the current low interest rates for themselves. Regardless of whether an instant loan or a loan is sought privately, ABC Lending offers a simple, non-binding and comprehensive credit comparison – at the click of a mouse. So what are you waiting for?

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