Loan Inquiry Austria

All we need is a little bit of information from you – and we can show you the best and cheapest loan in Austria that suits your situation.

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Our online loan request: Fast and uncomplicated

Online form: Enter your data securely and easily

Filling out the credit inquiry on kredit-fuchs.at is child’s play thanks to our clear online form. Enter all the necessary information in just a few steps. It goes without saying that your data will be treated in strict confidence and secured using the latest encryption technology.

Immediate feedback: This is how quickly you will receive an answer

We know how important quick feedback is for our customers. You will therefore receive a confirmation of receipt immediately after sending your loan inquiry. Your details will be checked quickly, so you can usually expect a response within a short time. Our processes are lean, efficient and fast!

Submit documents later: What is required

Additional documents may be required as part of the credit check. You can submit these easily and securely. We will inform you immediately if there is a need for further clarification.

Online loan vs. branch loan: The advantages of an online loan application

Compared to the traditional loan application in a branch, the online loan inquiry with us offers many advantages. You can apply from the comfort of your own home, save yourself waiting times and have the opportunity to compare offers from different providers quickly and easily with our loan comparison .

Credit application in Austria: the special features

Legal framework for credit applications in Austria

In Austria, consumer loans are mainly governed by the Consumer Credit Act (VKrG). It obliges lenders to check your creditworthiness, to provide you with standardised pre-contractual information including the effective annual interest rate and gives you a 14-day right of withdrawal. It doesn’t hurt to find out about the legal basis before you apply for a loan. At kredit-fuchs.at we offer you information on the Austrian rules and how they affect the loan application process.

Austrian banks: What they check when you apply for a loan

Banks in Austria check your creditworthiness, income and expenses when you apply for a loan (§ 7 VKrG). They usually also query the credit agencies KSV1870 (including the banks‘ small loans register) and CRIF. This ensures that you are able to repay the loan. The criteria may vary from bank to bank, but a positive credit rating is crucial for a successful loan application.

Interest and fees: What is common in Austria

Interest rates for loans can vary greatly in Austria. In addition to the interest, there may be fees such as processing fees. All these costs are included in the effective annual interest rate, which lenders must state for consumer loans – it is therefore the best figure for comparing offers. With kredit-fuchs.at you have the opportunity to compare different offers and thus find a loan offer with favorable conditions.

Tips for a successful loan application in Austria

To increase your chances of a successful loan application, you should have all the necessary documents ready, keep an eye on your finances and provide realistic information about your financial situation. In addition, the comparison of different credit offers by kredit-fuchs.at will help you to find the best offer.

FAQ: Frequently asked questions about loan applications

How do I submit a loan application?

You can submit a loan inquiry online easily and without obligation. Select the desired loan amount and term, fill out the form and provide the required documents. Your request will then be checked by the bank and you will receive an offer that you can accept or reject.

What is checked when I apply for a loan?

Your credit rating, i.e. your creditworthiness, is the main factor checked when you apply for a loan. This includes your income and financial circumstances and your entries at KSV1870 and CRIF. Your current expenses and any other loans are also taken into account in order to assess your ability to repay. If you meet the following criteria, there is usually nothing standing in the way of a personal loan:

• Residence in Austria (for non-EU citizens a valid residence title such as the Red-White-Red Card or Permanent Residence – EU)
• Regular monthly income that is sufficient to cover the installment
• No overindebtedness

How long does the loan application take?

It takes just 2 minutes to submit your credit inquiry using the form above. We usually process online loan requests very quickly (faster than requests made in a bank branch, for example). You will often receive a response within a short time.

Who decides whether you get a loan?

When you apply for a loan, each lender or bank makes the decision on whether to grant the loan individually. However, as we work with several partner banks and know their respective criteria, we can give you a good overview of your options. Under the Austrian Consumer Credit Act (§ 7 VKrG) , the lender must check your creditworthiness before granting the loan and should only grant it if repayment can be expected.

Rejecting a loan: What to do if your loan application is rejected?

If your loan application is rejected by all banks, you have the opportunity to find out the reasons for the rejection and submit any necessary documents or look for other lenders. You can request free information about the data stored about you at KSV1870 and CRIF under Art. 15 GDPR.

Debt restructuring: How does a loan application for debt restructuring work?

You submit a loan inquiry for debt restructuring in the same way as for a normal loan. You can indicate on the form that you are rescheduling your debt. The banks will then check your creditworthiness and the conditions of your existing loans in order to make you an offer for debt restructuring. Existing consumer loans can be repaid early at any time (§ 16 VKrG).

Any further questions? – We are always there for you at the e-mail address info@kredit-fuchs.at!