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▷ Corona effect: continued high demand for digital loans

23.10.2020 – 07:30

CHECK24 GmbH

Munich (ots)

- Kreditnehmer nutzen im Verlauf der Corona-Krise verstärkt digitale Angebote
- Anteil digitaler Kreditabschlüsse seit Mitte März im Durchschnitt um 40 Prozent gestiegen
- Über 300 CHECK24-Experten beraten bei Fragen rund um den digitalen Kreditabschluss 

The type of lending has changed as a result of the corona pandemic: since mid-March, borrowers have been taking out fully digital loans or using the video identification process. This was the result of a current analysis of the installment loans concluded via CHECK24 since February 2020. The proportion of digitized loan agreements has increased by an average of 40 percent since the second half of March. *

“We are noticing a significant surge in demand for our fully digital loan offerings, which continues over the course of the year”says Christian Nau, Managing Director Loans at CHECK24.

A digital loan agreement saves you going to the post office or bank branch

Since the beginning of 2017, CHECK24 has made it possible to take out a loan completely digitally. The handwritten signature and the sending of the credit agreement to the bank are no longer necessary. The identity check is also carried out from home using the digital video identification process.

More than 300 loan experts provide personal support for consumer questions about installment loans

Consumers who have questions about a consumer loan will continue to receive personal advice from over 300 CHECK24 credit experts seven days a week by phone or e-mail.

* Basis: Weekly average values ​​of all installment loans concluded via CHECK24 from calendar week five up to and including calendar week 42.

About CHECK24

CHECK24 is Germany’s largest comparison portal. The free online comparison of numerous providers creates consistent transparency and customers often save several hundred euros by switching. Private customers choose from over 300 car insurance tariffs, over 1,000 electricity and over 850 gas providers, more than 300 banks and credit brokers, over 300 telecommunications providers for DSL and mobile communications, over 10,000 affiliated shops for electronics, household and car tires, more than 150 rental car providers, over 1,000,000 accommodations, more than 700 airlines and over 75 package tour operators. The use of the CHECK24 comparison calculator and personal customer advice seven days a week is free for consumers. CHECK24 receives remuneration from the providers.

CHECK24 supports EU quality criteria for comparison portals

Consumer protection is the top priority for CHECK24. Therefore, CHECK24 actively participates in the implementation of uniform European quality criteria for comparison portals. The EU Commission’s catalog of principles “Key Principles for Comparison Tools” contains nine recommendations on objectivity and transparency, which CHECK24 fulfills in all points – including rankings, market coverage, current data, customer reviews, user-friendliness and customer service.

Press contact:

Edgar Kirk, Public Relations Manager, Tel. +49 89 2000 47 1175,
[email protected]

Daniel Friedheim, Director Public Relations,
Tel. +49 89 2000 47 1170, [email protected]

Original content from: CHECK24 GmbH, transmitted by news aktuell

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