Cash loan - what is it?

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MAXDA is a provider of online cash loans that offers its customers affordable loans with fair conditions and interest rates. The terms can be tailored to the individual possibilities and needs of the borrower. Through the Schufa-free cash loan, MAXDA even offers people a way to obtain credit who would have only poor chances of getting a loan at a regular bank when their overdraft is exhausted. Often the overdraft facility (disposition credit) is not sufficient to cover monthly expenses and bridge a shortfall. (Overdraft = branch banks often allow their customers to go into the red on their current account up to a limit set by the bank).

At MAXDA, loans are always granted as cash loans. That means the borrower can access the cash within a few days after submitting the application. The customer can use the money as they see fit, without the cash loan being tied to the purchase of a specific item.
When the cash loan is paid out at MAXDA, the customer has two options: they can arrange for the cash loan amount to be transferred directly to their account. If they need the money to pay an invoice, they can transfer it immediately; if they need cash, they can withdraw it from an account.
If a cash payout is actually required, there is also an option for this. In that case the payout is made via the post office. That means the postman delivers the amount. The money is paid out to the borrower personally in cash.
This method is absolutely secure because the money is always handed over personally. This form of transfer is often chosen for Schufa-free loans. In such cases borrowers often have problems with their house bank and do not want the bank to learn about the cash loan. With payout by the postman they can choose a very discreet way to obtain cash.

You can find more information about types of cash loans and their advantages. 

MAXDA cash loans get you immediate cash. Apply for your cash loan conveniently as an online loan from home. Cash loans can also help you quickly restructure multiple loans. Therefore compare different options. Our advisors will be happy to help you. 

Applying for a cash loan at MAXDA

The application for cash loans is carried out entirely online, which offers you additional advantages as a customer: there is no need to travel to find a suitable bank. You only need to submit an application for the cash loan here and provide all required documents. This makes the lending process fast and uncomplicated.
Loans are paid out in cash or transferred to the borrower’s account (e.g. current account). The option of cash payout is especially advantageous for customers who have problems with their house bank and therefore do not want to use their account for this transaction.

Affordable cash loans from MAXDA

MAXDA is a provider of loans and cash loans that has already helped many people fulfil their dreams or avert financial emergencies. MAXDA offers many different cash loans that can always be tailored to personal requirements.
Loans differ, among other things, in the amount. Each borrower can choose exactly the sum needed to achieve their personal goals. The term can also be adjusted. Each customer can decide within which period they want to repay the loan. They can determine this period based on the monthly instalment they can afford.
MAXDA’s cash loans are also non-purpose-bound. The borrower can therefore pursue any project. MAXDA loans are characterised by great flexibility. The application process is also fast and simple: you can check the various offers for different cash loans easily on www.maxda.de.

Calculate a cash loan

There is also a loan calculator where you can enter different terms and loan amounts. The loan calculator then calculates the monthly instalments (as with an instalment loan). The customer thus gets a quick overview of the different offers and can easily find out how high the monthly instalments are for various loan amounts and terms.
This makes planning for the future particularly easy. Once a suitable loan has been found, you can apply online immediately. The verification of the data is then initiated immediately. The MAXDA online cash loan is not only affordable, it is also very fast and simple.

Schufa provides control in lending

Schufa is an institution that provides credit institutions (banks) with information about the creditworthiness of applicants when granting loans and cash loans. Schufa stores, among other things, information about a person’s loans.
With every loan taken out, Schufa receives information about the loan taken out from the credit institution (i.e. the bank) that cooperates with it. Schufa records whether previous loans were repaid smoothly or whether there were problems with repayment.

In many cases Schufa’s collected data prevents a loan even if the borrower could actually repay the loan without problems. For example, an employee may supplement a relatively small salary with various side jobs so that they could repay the loan without issues. Schufa, however, only considers the fixed salary and therefore advises against the loan in this case based on the Schufa score.

Is a loan without Schufa from MAXDA possible as a cash loan?

Schufa checks are useful in many cases. On the one hand they protect the borrower from over-indebtedness. On the other hand they also give banks some security by informing the lenders about the applicant’s payment behaviour. However, Schufa always applies uniform standards and does not examine whether a loan might nevertheless be sensible in an individual case.
A negative Schufa entry can occur, for example, if the borrower loses their job and therefore no longer has a steady income. In such a case they may not be able to repay the loan and the arrears are reported to Schufa. Even if the borrower lost their job for operational reasons and not due to misconduct, a negative entry at Schufa remains.
Searching for a loan without a Schufa report is very difficult and often frustrating. Requests to various banks are almost always unsuccessful, and the way applicants with a negative Schufa entry are treated at many banks often causes considerable discomfort.
The person affected will then have major problems obtaining credit for the rest of their life, even though in such a case they are not personally responsible for the problems and these have long since been resolved. 
For these reasons it is possible at MAXDA to apply for cash loans without Schufa. This makes it possible for people who received a negative Schufa entry due to unfortunate circumstances to achieve their personal life goals through a loan. MAXDA examines such cases individually to determine whether lending is possible.
If the borrower has a sufficiently high income, a cash loan can be granted even with a negative Schufa entry. This spares the applicant the difficult search for a Schufa-free cash loan in such a situation.

Terms for the cash loan at MAXDA

The terms for a MAXDA cash loan always depend on many different factors. Important factors include the loan amount, the term and the applicant’s creditworthiness. Interest rates also always depend on current base rates. Therefore it is not possible to make a statement about interest rates that might soon be outdated.

Anyone who wants to apply for a loan should therefore always check the MAXDA website for the current terms. With MAXDA’s loan calculator it is possible to get a first overview of the conditions. By entering the loan amount and the term, the customer already gets an impression of the approximate monthly cash loan instalments (as with an instalment loan). For the precise determination of interest rates and the resulting monthly instalments it is, however, important to include the applicant’s income. Therefore it makes sense to complete the non-binding application form.
MAXDA staff then check the information on income, term and loan amount free of charge and calculate the required interest rate and the monthly instalments. Although interest rates are not uniform for all loans and always depend on creditworthiness and the current interest rate situation, the customer at MAXDA still has absolute planning security. The interest rates agreed when the loan is signed are fixed.
This gives the borrower good planning security because they know exactly what monthly instalments to expect. If they have the required sum available before the planned repayment date, an immediate repayment of the cash loan is also possible at any time. No further interest is charged if the borrower repays the loan earlier.

Free loan inquiry is possible at any time

Another major advantage of the MAXDA cash loan is that the loan inquiry can be made completely free of charge. Some credit institutions or branch banks charge fees for verifying income information, which the borrower must pay in advance before a decision is made on their application.
At MAXDA the verification of the information is completely free of charge. The customer therefore does not have to incur expenses without knowing whether the loan will be approved. At MAXDA all information is checked free of charge at first. If the reviewers conclude that the applicant’s income situation does not allow a loan to be granted, no costs are incurred for the customer.
If the loan is approved for the required loan amount, the customer first receives the loan amount. Only when the monthly instalments become due do you have to start payments. At MAXDA there are no additional costs ­— all fees are already included in the monthly instalments.

Cash loans from your bank – is that possible?

In economically uncertain times you may also find yourself in a financial emergency. If you rely on a car for work or need to make other investments, cash loans are a secure and fast solution.
If you choose a cash loan from MAXDA, you benefit from many advantages and repay the instant loan in monthly instalments whose amount you determine yourself.

MAXDA cash loans & small instalments

We offer cash loans where the interest rate is fixed at the time the contract is concluded. This means you incur no unexpected costs. With us you take no risk and are always informed about the costs of your loan. You choose the term for your cash loan.
The longer you choose the loan term, the smaller your instalments will be. You are advised by long-standing finance professionals and we place great importance on trustworthiness. Therefore nobody asks you about the purpose of your loan.
On our website you can easily apply for your online loan. It hardly gets any faster or cheaper than with MAXDA.

Apply for MAXDA cash loans as an affordable online loan

If you are looking for an instant loan and your house bank is not the right financial partner, come to MAXDA. With us you receive a cash loan quickly and affordably: completely uncomplicated. As one of the largest German loan providers we arrange cash loans in various amounts.
You determine the loan amount based on your financial circumstances, as well as the monthly instalments and the loan term.

Get money quickly via cash loans?

Since cash loans provide quick access to money, you have the option to apply for an online loan. This enables a quick approval of your loan when your current account overdraft is exhausted and a shortfall needs to be bridged. Shortly after submitting your documents we check them and compare offers. If the checks are positive, nothing stands in the way of your loan. Of course you can then read and review the final loan application carefully.
Also use our online support. Our financial advisors will inform you competently about cash loans and other loan types. Thanks to our long-standing experience we have the necessary expertise, which we are happy to share with you. Trust us and apply for your online loan today. There are no upfront costs for you.