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A consumer loan insurance (KKV) protects credit givers such as banks, savings banks, autobanks, distributing houses, department stores, leasing enterprise etc. against the consequences of demand losses from installment credits, arrangement credits, credit card contracts or electronics cash. The insurer replaced from it developed damage and takes over the collection and recourse procedure.
HintergrundUm special desires to fulfill itself to purchase in addition, things of the daily life fall back ever more consumer to the numerous and enticing offers of credit of the different enterprises. The height of these credits amounts to alone in Germany per year approximately 250 billion euro. In the motorring industry meanwhile the largest part the sold vehicle is financed over leasing or credits of the automobile banks.
Problem differently as for example with the granting of credit at enterprises private consumers are with difficulty examinable regarding the soil quality evaluation. According to instructions Euler Hermes credit insurance AG alone approx. 20 million households are at height of a net yearly income indebted in Germany. Each 12. Household is insolvent. The introduction of the consumer insolvency in the course of the insolvency law reform makes many of the open demands irrecoverable. According to estimations Federal association collection (BDIU) becomes the number of Verfahrenim years 2005 on 70.000 rise-sees also: Credit insurance, insolvency law, consumer insolvency
Information for consumer loan insurance with Euler Hermes credit insurance AG
Federal association of German collection enterprises registered association.
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