Category: Loans

Wohn-Riester: How to get the government subsidy for your own home

A house on coins, what is Wohn-Riester?

In principle, the state has an interest in ensuring that as many people as possible make provisions for old age. Because one thing is certain: the statutory pension will only be sufficient in the fewest cases. There are numerous programs to promote private pension provision, including Wohn-Riester (Riester housing subsidy). This subsidy helps you build or buy your own property so you can live rent-free in old age.

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Improve your credit score with these credit cards

Anyone can get a bad credit score. And it's hard to get your credit score back on track once it's down. You'll have fewer financial options, especially when it comes to credit cards.

Credit cards can be applied for even if you have a low credit score. If your credit score isn't quite perfect, you can benefit from a credit card designed specifically for people in your situation.

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Between return and risk: How sensible is a real estate investment??

Real estate prices are climbing steadily in many places. There are currently no signs of an end to the boom, because demand exceeds supply in many regions of Germany. Interest rates are historically low and are likely to remain so for the time being. Real estate is therefore equally suitable as a capital investment and retirement provision. But not every property is suitable.

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What is the difference between Vollksko and Teilkasko??

In Germany, there are three relevant types of insurance for motorists: motor liability insurance, which is compulsory, partial cover and fully comprehensive insurance, which is voluntary. Liability insurance covers damage to other people and vehicles in the event of (unintentional) accidents. But what exactly are partial and fully comprehensive insurance good for, what are the differences between them and what affects the amount of insurance to be paid?

Damage to your own vehicle

Both comprehensive insurances cover, regardless of the differences, in principle damages to the own vehicle, which have not been caused by a direct, classical accident. The motor vehicle liability insurance cannot take effect here, because nature, animals and weather are now once not liable, and there are therefore the comprehensive insurances. Exceptions are man-made losses and damages where the responsible person cannot be found, for example in case of theft or hit-and-run accidents.

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Which branches still have a future now

It is the second insolvency procedure for Galeria Kaufhof within two years. Now the company has talked about its plans and explained what conditions a store will need in the future.

Already threatened with closure in June 2020. Department store chain Galeria Karstadt Kaufhof has been forced to close 62 of its 172 stores across Germany, according to had reported. Now the next bankruptcy shock for all employees. And this time it might not only affect the Heilbronn store.

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Important criteria for the loan contract

The loan agreement is the document that contains – or should contain – all aspects related to a loan. But what is particularly important here and on which sticking points should be absolutely paid attention to? The criteria, of course, begin well before the signature, because every borrower should be aware of one thing: Once the ink, whether digital or analog, is dry, that loan agreement applies down to the last detail. But what exactly matters?

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Renovating an apartment: Well planned is half won

An apartment with a section of a picture before a renovation and a section after the renovation

If you want to renovate your home, you should plan this undertaking carefully. Depending on the type of renovation work, everyday life in the apartment is at least temporarily affected. Landlords are obliged to carry out certain renovation work, while tenants need permission if they want to renovate themselves. Owners are also not allowed to carry out any measures that conflict with building law or the protection of historical monuments. What constitutes housing renovation and what needs to be considered from the owner, tenant and landlord side, you can read here.

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