Online loan application is worthwhile

The financial services offered are tailored to the special needs of professionals. This also applies to loans. Special employee loans are offered, for example for employees of Siemens or Bayer.

There are bank shops at around 250 locations of partner companies in Germany. An exemplary list can be found on the bank’s website.

The Good Finance Bank website


Good Finance Bank’s loan offers can be accessed from the navigation bar on the homepage. Under “Financing” you will find the landing pages for the different types of loans.

The structure of the landing pages is similar for all types of credit. First of all, the characteristics and conditions are presented in key words. Below that is a link to the credit request. Further details on the representative examples can be found below.

In the header of the website there is a clearly visible link to contact the bank. It is possible to make an appointment in a shop, to contact an administrator by phone or to send an e-mail.

Visitors to the website have to search the link to the FAQs for a long time. It is located under the “Service” navigation item and is inefficient with regard to the loan offers. The structure of the website is clear. Customers can find out about the key loan terms at a glance.

The representative example with the indication of average interest is not hidden, but is clearly visible. However, there is no detailed description of the loan offer in detail. For example, there are no offers on whether the repayment agreements are flexible or whether loans can be increased.

This is unusual for loan providers who want to market loans through their website. The bank apparently prefers other sales channels.

However, this does not mean that the loan offers are not cheap. It looks like some loans can only be requested online from existing customers. A customer login is required for this.

Good Finance Bank loan offers

Good Finance Bank loan offers

Good Finance Bank has five different loan offers in its program: Personal Loan, Investment Loan, Auto Loan, Pilot Loan.

Personal loan

The usual freely usable installment loans are offered both on the Good Finance Bank website for bank customers and via the credit comparison from Good Credit. The conditions are different.

Anyone who decides to open a bank account before making a loan request can use the offer on the website.

Loans between USD 2,500 and USD 40,000 with terms of between 12 months and 72 months are currently offered at an effective interest rate of 3.20% to 5.50%.

The offer does not apply to the self-employed and freelancers. The bank promises a payout in 24 hours when completing online.

The conditions offered in Good Credit’s credit comparison are different. Loans between USD 2,500 and USD 50,000 are possible here with terms from 24 months to 96 months.

The effective annual interest rates depend on the creditworthiness and are currently between 3.25% and 5.45%. Special repayments are possible once a year up to 50% of the remaining amount free of charge.

Regardless of whether the loan is requested directly via the Good Finance Bank website or via the loan comparison, rescheduling or redemption of existing liabilities is possible.


As far as can currently be determined, a special car loan is only offered via the Good Finance Bank website, i.e. only for bank customers. The following conditions apply to online purchases:

Loan amounts from USD 2,500 to USD 40,000 with terms of 12 to 72 months are offered.

The annual percentage rate is given as 3.45%. The website does not indicate what security must be provided.

However, proof of the purchase contract and / or delivery of the vehicle letter are probably a prerequisite. There is also no information on special repayments.

Investment loan

This loan offer is a loan for renovation, modernization and remodeling of a property. The credit offer is currently also included in the Good Credit tariff calculator. The same conditions apply here as for installment loans.

The actual investment loan is apparently only available on the Good Finance Bank website. The interest rate, which is dependent on creditworthiness, is effectively stated at 3.65% (as of February 2017). The loan amounts are between USD 15,000 and USD 50,000.

The bank enables long terms. They can be between 24 and 120 months.

Special repayments should be possible at any time. Collateral is not required. Entries in the land register are therefore not required. The loan can also be applied for after the investment has started.

Pilot Loan

This loan is specifically used to finance pilot training.

It is a typical training loan, in which a co-applicant is possible and this will probably facilitate lending in many individual cases. The loan application can be downloaded as a PDF file and then sent by post.

Loan amounts up to 70,000 USDos are possible. The annual percentage rate is 5.99%. The bank offers interest-free and repayment-free periods for up to 30 months. The loan term with a simultaneous fixed interest rate cannot exceed 120 months.

Real estate financing

Good Finance Bank offers various financing concepts with great flexibility. Quotations can be requested online using a simple form.

With regard to real estate loans, the website is very detailed and provides a number of representative calculation examples and checklists for download.

Special repayments and repayment rate changes are possible. The minimum amount is 50,000 USD. Fixed interest rates can be agreed up to a period of 20 years.

The minimum repayment is 2%. A maximum of 20% initial repayment can be agreed, whereby the agreed interest rate fixing period may not be undercut.

A so-called new build buffer of up to 25,000 USD is offered. A provision commission does not accrue until 9 months after conclusion of the contract. Funding programs can be included.

Flexible follow-up financing is also offered, including forward loans with fixed interest rates up to 3 years in advance. The interest rate surcharges for forward loans are moderate. They range from 0.02% to a maximum of 0.6%.

Interim financing and full repayment loans are part of the Good Finance Bank program.

Application requirements


The application requirements that are required for a credit request via tariff check 24 are shown. Borrowers must be of legal age and have their permanent residence in Germany.

A loan cannot be granted during the trial period. Rather, borrowers must have been with the current employer for at least 6 months.

Negative Credit Checker entries preclude lending from the outset. A loan without a Credit Checker is not granted.

Self-employed and freelancers do not receive a loan. In order to prove the income situation, pay slips of the last 3 months have to be presented.

In addition, proof of identity requires a copy of the ID card or passport. If a passport is presented, another document is required from which the current address results.