Best 9 Personal Loan Apps In Germany 2025

You can apply for personal loan online in Germany without visiting any bank or filling out long forms. It saves the lenders as well as the borrower’s time. Instant and fast loans in Germany do not require any much documentation, collateral and are approved really quick without any collateral.

While Germany is a huge country with a large and developed financial system, many of the banks are still quite traditional, especially when it comes to English-speaking support and products. I will explain in this article how big banks and credit comparison platforms operate, but will also show you alternatives you have when trying to get your loan approved.

Best Personal Loan Companies In Germany 2025

The best personal loan applications in Germany are Smava Loan, Ferratum Loan, Cashper Loan, Vex Cash Loan, Bon Kredit Loan, N26 Loan and Creditolo loan. These loan apps are rated very high in financial online service as they deliver instant personal loan of up to 200 to 2,000 euros with a duration of 30 to 60 days. Interest are very low and processing are 100% online with no collateral, documentation or paperwork.

1. Vex Cash

Vexcash is one of the best instant personal loan in Germany and it uniquely helps you maintain financial control in the event of unforeseen, short-term financial deficits until the next time you receive your money. Vexcash uses innovative technology and new credit criteria, thus enabling fast and reliable payment for customers with average credit ratings. Its our first pick for Instant loan apps in Germany.

The lending platform is fast and requires no paperwork, with application processing taking just 3 simple steps. Loan amounts ranges from €100 to €3000. With the Vexcash Credit Certificate, customers who do not receive short-term credit because of their average score at traditional banks can still borrow money.

2. Bon Kredit

In terms of experience and reputable, Bon Kredit is one of the best online personal loan company in Germany boasting over 50 years of helping their various customers access various types of credit, having disbursed more than 300,000 loans across Gerrmany.

With Bon Kredit, you can get loans from 500 to 100,000 euros on fair terms and with extremely fast payouts. Payday Loans without Schufa are also possible. They can view your financing on the basis of a realistic monthly income of 1,300 euros. You can get loans from €100 to €300.000.

3. N26

With N26 lending platform, you can receive an instant loan between € 1,000 and € 25,000 directly in your N26 app if you are a resident or citizen of Germany. You can easily register digitally and get paid directly in your N26 account with no paperwork – N26 Credit gives you more without hassle. Repayment plans ranges from 6 to 60 months.

4. Cashper

Cashper, one of the most famous and reliable personal lending platform in germany is always evolving having been in existence since 2017. Existing customers can borrow Up to 1,500 euros within a short period of time without collateral or documentation and easily repay in convenient installments.

5. Smava

Smava is Germany’s online comparison portal for online loans. From a wide range of credit offers, consumers receive free credit and a cheap credit within seconds. With the credit comparison, private consumers and business customers will find favorable offers from leading banks and private investors with private credit, who support financing projects of any kind.

The credit price comparison of smava is suitable for all groups of people and for every purpose, such as a car loan. Whether you want to renovate your house or plan a rescheduling: decide for yourself how you can use your installment loan. By working with specialized banks, all smava customers have the best conditions for any type of loan, such as: a loan for pensioners or a personal loan.

6. Ferratum

Ferratum Bank is a subsidiary of Ferratum Group, a pioneer in financial technology and an international provider of mobile consumer credit that gives instant online loan in Germany.

Ferratum offers fast, easily available and secure banking, credit and investment services, both online and via mobile devices. Ferratum’s slogan “More than money for everyone” is a promise of fast, clear and confidential lending to all our customers around the world, regardless of their location. You can get loans from €50 to €2000

7. Auxmoney

With auxmoney, one of the most reputable and legit personal loan platform in Germany, you can register for free within a few minutes to register your cash advance online. This only requires the input of some data, as well as the choice of the loan amount and the duration. auxmoney will then check your creditworthiness to offer you a fair interest rate. Its our seventh pick for instant loan apps in Germany

If you opt for the loan, you can receive the advance on the money from private investors and pay a small commission after payment.The money can be in your account within 48 hours. The repayment of your instant loan takes place in monthly installments and starts the payment the following month. If you decide against the loan, or if you cannot offer a loan, there are no costs for you. As a borrower you can choose your loan amount up to 50,000 euros.

8. Net Kredit 24

With Net Kredit 24, one of the leading instant loan platform in Germany, you can get a quick loan between 100 and 50,000 euros. All you have to do is fill in a short form on their website with your contact details, loan amount and repayment period. We will find the loan that suits you best and offer you the right loan – for free.

First enter the desired loan amount, the repayment period, your e-mail address and your mobile phone number. They have various instant loan offers at your disposal, and you can freely decide which loan you want to apply for. The money is usually transferred to your bank account 1-3 days after approval of the loan.

9. Maxx Kredit

Maxxkredit is one of the largest national credit bureaus and therefore our customers can always count on fast, competent and reliable advice and processing their questions. In the past 10+ years they have been able to help many interested parties with successful instant loans.

Take advantage of the opportunity to receive a financing offer with attractive interest rates and a favorable duration within 24 hours. Many interested parties look for credit with their bank, depending on the financial situation an individual financing proposal is created there. Maxx Kredit offers loan amount from €1,000 to €10,000,000 at competitive rates.

What are the different loan categories in Germany?

According to the Giromatch website, there are generally four different loan types in Germany to look out for: Ratenkredit which gives fixed installment loan. This is by far the most common type of personal consumer loan in Germany and is generally what you will get when you’re looking for a personal loan.

Autokredit which gives auto financing or car credit, generally a fixed installment loan with varying options for follow-up financing or the final rate (ballon payments; Sofortkredit which is also a fixed installment loan, can be translated as “instant loan” with lower payout amounts, faster processing and shorter runtime. Sometimes also similar to how payday loans work; and finally Rahmenkredit which is a personal credit line, usually connected to a bank account overdraft or a credit card with a credit limit.

A fifth type is the “Immobilienkredit” which is a housing loan or financing when you purchase real estate. Housing loans are not in the scope of this article and differ quite largely from consumer loans and personal credit.

How Do you get eligible for a personal loan in Germany?

To be eligible to apply for a personal loan in Germany, you have to be a resident and a salaried employee of a registered company. Your age should be between 23 years old to 58 years old to apply for a personal loan.

The documents you will need to apply for instant loan apps in Germany

1. Identity proof: You will have to submit Aadhar card, Pan Card, Driving License or Passport as your ID proof.
2. Address proof: You will need utility bills like electricity, water or phone bill or Passport as your address proof.
3. Photo proof: A picture of yourself as a photographic proof.
4. Salary slips: Your latest salary slips from your employer will be required.
5. Bank statement: You will have to submit the salary credited bank statements.

How Can I Get Instant Loan In Germany?

If you are in need of a quick loan in Germany, you can refer to Cashper, a highly rated financial online service. With Caspher, you can request a loan of up to 1.500 euros with a duration of 30 or 60 days. At the time of writing, they even offer the 30-day duration as an interest-free loan!

Can I Get A Loan As A Foreigner In Germany?

Yes, it is possible to obtain a personal loan or credit in Germany as a foreigner. This counts for expats as well as students. You do however need to have a residence in Germany and need to be registered here (“Anmeldung” or “Meldebescheinigung”)

How Much Loan Can I Get In Germany?

German residents can borrow up to 80% of the property value. Non-residents can be limited to approximately 55–60% of the assessed value. Borrowers must also have an annual income in excess of €20,000. What’s more, your monthly mortgage payments can never exceed 35% of your monthly income.

Conclusion

To become eligible for a loan in Germany, you must be at least 18 years old. If you want to request a loan from a bank in Germany, you should be registered in Germany and hold a German bank account. Obtaining a loan is harder if you can’t prove a steady income. This might be the case for students or freelancers.

Some of the best and most reliable quick and instant online loan in Germany include: Smava Loan, Ferratum Loan, Cashper Loan, Vex Cash Loan, Bon Kredit Loan, N26 Loan, Creditolo loan among other highly rated financial online service. With these reputable applications, you can request an instant personal loan of up to 200 to 2,000 euros with a duration of 30 to 60 days, with very low interest, flexible repayments, no collateral, documentation or paperwork.