What is a productive loan?

The productive loan belongs to the loans, which – as the name implies – apply to a productive purpose. In essence, companies are making use of productive loans to finance their production. Types of productive loans Productive loans thus describe loans to commercial enterprises to finance production. First and foremost, there are two dominant types […]

What is a straw credit?

Brokerage credits arise when a person with sufficiently good creditworthiness takes out a loan for a third party. This third party usually does not have the option to receive a loan. This often happens in families or in the circle of friends. The monthly payments are then passed on among each other and internal agreements […]

Money is much more than just means of payment, here are the details

The term “money” is derived from the Old High German word “gelt”, which is translated with payment and remuneration. Money in particular: Baugeld Bitcoin Euro – the European common currency fixed deposit lend money Money from private cryptocurrency call money In today’s language, money means the socially accepted and legally introduced means of payment. As […]