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Skybird · 07-17-17, 08:40 AM

German comparison site Svada offers the first credit with negative "interests" (-0.4) for private customers. Life is fixed to 36 months. Limit is 1000 Euros. You lease 1000 Euros. Three years later you pay back 996 Euros.

Before you think this is good news, think twice. Its a sign of how desperate and insane the market situation is.

07-17-17, 08:40 AM	#1
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 40,496 Downloads: 9 Uploads: 0	(Crazy) economy news German comparison site Svada offers the first credit with negative "interests" (-0.4) for private customers. Life is fixed to 36 months. Limit is 1000 Euros. You lease 1000 Euros. Three years later you pay back 996 Euros. Before you think this is good news, think twice. Its a sign of how desperate and insane the market situation is. __________________ If you feel nuts, consult an expert.