N26 Credit partners with auxmoney to provide more loans
N26 Credit is a completely paperless way to get a consumer credit loan that allows you to borrow between €1.000 and €25.000. No matter what you’re borrowing the money for.
2 min read
N26 Credit is a completely paperless way to get a consumer credit loan that allows you to borrow between €1.000 and €25.000. No matter what you’re borrowing the money for, N26 Credit makes it super easy to receive the money and manage your repayments. We’re pleased with the stories of loans we’ve been able to offer so far, but we’re even happier to announce that we will now be able to offer far more loans than we have before with our new partner auxmoney.auxmoney is a loan marketplace based in Germany that we integrated into N26 Credit to be able to offer more people the loans that they need. We selected auxmoney because they also have a simple and paperless system for distributing loans, and are also dedicated to making this process easy. You may even be familiar with auxmoney already if you’ve seen their awesome commercials on TV. Thanks to this collaboration, we can now provide loans for students, freelancers and the self-employed, in addition to regularly salaried applicants.As far as the actual application process in the app goes, nothing really changes. The easy three-step process to apply, verify and get approval is still totally digital, and neither of us will ever send you envelopes full of paperwork. Repayment periods are 12 to 84 months with interest rates starting from 3.95% depending on factors like your creditworthiness. All you have to do is answer a few questions about what kind of loan you’re looking for. We’ll follow up with an instant digital credit check and make an offer where the loan comes directly from us or from auxmoney. If you choose to accept, you can make the contract official with a quick e-signature.iOS users can start applying for loans covered by auxmoney right away, and Android is coming in the next few days.
Find similar stories
BY N26Love your bank
Related Post
These might also interest you
Company
N26 x adidas—whatever your goal, we’ll keep you on track
At N26, we want you to go further. That’s why we’ve partnered with adidas to bring you an offer on the sportswear brand’s apparel.
2 min read
Company
Donate to Ukraine-Hilfe Berlin with N26
We’ve partnered with Ukraine-Hilfe Berlin e.V. to allow you to donate directly from the N26 app and support those affected by the war and humanitarian crisis in Ukraine.
2 min read
Company
Why does N26 block accounts?
Blocking and closing accounts is an important part of what N26 must do as a bank to help combat financial crime.
2 min read