Debt restructuring in Stuttgart: How to reduce your interest burden by up to 50 percent
14 Jul 2025
Katrin Straub
Managing Director at nextsure
Are you paying too much interest on old loans? Many consumers in Stuttgart lose hundreds of euros every year due to outdated contracts. Discover how targeted debt restructuring can significantly reduce your financial burden.
The topic in brief and concise terms
A debt restructuring consolidates expensive old loans and can reduce the interest burden by up to 50 per cent due to currently lower market interest rates.
The early repayment penalty is legally capped at a maximum of one percent of the remaining debt, which often makes refinancing worthwhile despite the fees.
Consolidating multiple loans into a single loan improves clarity and often also the SCHUFA score.
Hohe monatliche Raten und teure Zinsen belasten den Geldbeutel und schränken die finanzielle Freiheit ein. Besonders alte Ratenkredite oder ein überzogener Dispokredit können sich zu einer erheblichen Belastung entwickeln. Eine Umschuldung bietet hier eine effektive Lösung. Dabei lösen Sie bestehende, teure Kredite durch ein neues, günstigeres Darlehen ab. Dieser Artikel zeigt Ihnen, wie Sie die besten Konditionen für eine Umschuldung in Stuttgart kostenlos prüfen, welche rechtlichen Rahmenbedingungen Sie kennen müssen und wie Sie Schritt für Schritt vorgehen, um Ihre monatlichen Kosten nachhaltig zu senken und Ihre Bonität zu verbessern.
The Potential of Interest Rate Differential: An Example Calculation
Old loan agreements often have interest rates of five percent or more. Current offers frequently allow for interest rates of less than three percent. This difference of just two percentage points can mean a saving of over 1,000 euros over a loan term of five years on a loan amount of 20,000 euros. Many underestimate how even small interest adjustments affect the overall costs. The greatest savings are often achieved by paying off an expensive overdraft, which is often charged at over ten percent. Debt restructuring consolidates such commitments into a single, manageable payment. This way, you can not only save interest but also pay off an expensive overdraft. This consolidation significantly improves your financial overview.
The strategic advantages of debt restructuring
A debt rescheduling is more than just a new loan. It is a strategic tool to optimise your finances. The most obvious advantage is the interest savings, which can reduce your monthly payment by up to 40 percent. Additionally, you gain flexibility, as new contracts often offer better terms like free special repayments or payment holidays. Another important point is the improvement of your creditworthiness. If you replace three small loans with a single loan, this reduces the number of your credit obligations, which can be positively assessed by SCHUFA. This facilitates future financing. Learn more about how to consolidate multiple loans and reorganise your financial situation. The next step is to examine under what conditions this course of action is worthwhile for you personally.
Practice Check: When a Debt Restructuring Really Pays Off
Not every refinancing is automatically advantageous. The crucial question is whether the interest savings outweigh the costs. The biggest hurdle is often the so-called early repayment penalty, a fee charged by the old bank for lost interest earnings. Refinancing is generally worthwhile if the following criteria are met:
The new interest rate is at least one percentage point lower than the old one.
The remaining term of your old loan is more than twelve months.
The early repayment penalty demanded by the old bank is lower than your potential interest savings.
Your creditworthiness is stable or has improved since the last loan was taken out.
Check in advance the exact amount of the outstanding debt and the penalty due, to have a clear basis for decision-making. With this information, you can specifically refinance your installment loan and save. But what are the legal limits for the costs?
Expert Knowledge: Legally Categorising Early Repayment Penalties
The fear of a high early repayment penalty deters many from refinancing. However, the legislature has set clear limits here. According to § 502 of the German Civil Code (BGB), compensation for installment loans may amount to a maximum of one percent of the prematurely repaid remaining debt. If the remaining term is less than twelve months, this value even drops to 0.5 percent. Different rules apply to mortgage loans, but here too, there is a special right of termination without additional costs after a term of ten years according to § 489 BGB. Our expert tip: Have your old contract checked for formal errors, especially in the cancellation policy. If the information for calculating the early repayment penalty is inadequate, the bank's claim to it can be completely voided. A straightforward loan repayment at another bank is often easier than expected. Now follows the actual implementation.
Creditworthiness as Leverage: How Debt Restructuring Can Improve Your SCHUFA Score
A debt restructuring can significantly improve your creditworthiness in the medium term. Instead of having three or four individual loans that need to be serviced on time, you will have only one, clear obligation. This reduces the complexity of your financial profile and is viewed positively by credit agencies such as SCHUFA. A clean payment history for this single loan continuously strengthens your profile. An improved credit rating unlocks the door to even better interest rates for future financing plans. Thus, debt restructuring becomes a tool that you can actively use to improve your creditworthiness. In challenging situations, a specialised adviser can help.
The right partner for your debt restructuring in Stuttgart
Searching for the best conditions can be confusing. An experienced and reliable partner by your side can significantly simplify the process. Especially in a competitive environment like Stuttgart, local market knowledge is advantageous. A good advisor analyses your individual situation, compares dozens of offers, and finds a tailored solution. They ensure all cost factors are considered so you can truly save in the end. In cases where creditworthiness is a challenge, a reputable credit broker in Stuttgart is often the best point of contact. Now request an individual risk analysis: Have your insurance situation checked for free and receive concrete optimisation suggestions.
More useful links
Wikipedia explains the term 'Umschuldung', which means the replacement of existing loans with a new loan.
The Federal Statistical Office (Destatis) offers information on wealth and debt in Germany.
Statista contains statistics on the number of debtors in Germany since 2004.
The Deutsche Bundesbank publishes interest rate statistics and yields.
The Deutsche Bundesbank shows interest rate statistics for consumer credits to private households (installment loans).
Statista provides statistics on consumer credits from banks in Germany to private households.
Verwaltung.bund.de describes the possibility of debt counseling as a government service.
The Caritas offers online debt counselling.
The Deutsche Bundesbank provides information on the base interest rate.
FAQ
Was ist der Unterschied zwischen einer Konditionsanfrage und einer Kreditanfrage?
Eine Konditionsanfrage ist eine SCHUFA-neutrale Abfrage, um personalisierte Zinsangebote zu erhalten. Mehrere solche Anfragen schaden Ihrem Score nicht. Eine Kreditanfrage ist hingegen ein verbindlicher Antrag, der bei der SCHUFA für 12 Monate gespeichert wird und bei Ablehnung den Score negativ beeinflussen kann.
Kann ich auch meinen Dispokredit umschulden?
Ja, die Umschuldung eines teuren Dispokredits in einen günstigeren Ratenkredit ist eine der häufigsten und sinnvollsten Anwendungen. Die Zinsersparnis ist hier oft besonders hoch, da Dispozinsen meist im zweistelligen Prozentbereich liegen.
Übernimmt die neue Bank die Kündigung des alten Kredits?
Ja, die meisten Banken bieten einen Wechselservice an. Nach Abschluss des neuen Kreditvertrags kümmert sich der neue Anbieter um die Kontaktaufnahme mit der alten Bank, erfragt die exakte Restschuld und führt die Ablösung direkt durch.
Verbessert eine Umschuldung immer meinen SCHUFA-Score?
Nicht sofort, aber mittelfristig. Die Ablösung mehrerer kleiner Kredite durch einen einzigen wird positiv bewertet. Wenn Sie die neue, niedrigere Rate zuverlässig bedienen, wird sich Ihr Score mit der Zeit sehr wahrscheinlich verbessern.
Gibt es ein Sonderkündigungsrecht für meinen alten Kredit?
Bei Immobiliendarlehen mit Zinsbindung gibt es nach zehn Jahren ein gesetzliches Sonderkündigungsrecht mit einer Frist von sechs Monaten, ohne dass eine Vorfälligkeitsentschädigung anfällt. Bei normalen Ratenkrediten ist eine vorzeitige Ablösung jederzeit möglich, aber eben gegen die genannte Entschädigung.
Muss ich für die Prüfung von Umschuldungs-Konditionen bezahlen?
Nein, das Einholen und Vergleichen von Umschuldungsangeboten über Online-Portale oder bei Banken ist grundsätzlich kostenlos und unverbindlich. Kosten fallen erst an, wenn Sie einen neuen Kreditvertrag abschließen.
