So easy & convenient loans for poor credit
It certainly sounds like something good that all Danes can now get loans for bad credit at this index page.
Therefore, it would be a good idea to think carefully before taking up too much a loan, which you might later have to pay back with very high interest rates. Keep in mind that even if the bank does not believe that the interest rate will rise very much, no one can predict how much it will increase over eg. 30 years.
Negative interest rate
There is still a lot going on within the Danish economy, and the economy in the rest of Europe. But the Danish economy has progressed well after the financial crisis, so it still lags tremendously in the rest of Europe, and it still puts its mark when the ordinary Danes have to go into the bank and borrow money or seek to get higher interest on their deposits.
Because many European countries are still doing very well financially, the European Central Bank has chosen to lower interest rates to a historically low level. The European Central Bank has lowered the interest rate so that it is actually negative, which has never happened before. This means that Danes can now look forward to cheaper loans and lower interest rates on their already cheap loans.
Negative interest rate and contribution rates
Earlier, when interest rates on loans were higher, the money earned a lot of money to borrow money, and at the same time, you could get interested on the money you have in the bank. Unfortunately, this is no longer the case, and certainly not after the interest rate is actually negative if inflation is taken into account. Then banks need to find another opportunity to make money, and so they do by raising what they call the contribution rates. Grant rates are for a fee you pay to the bank to handle the loan.
Especially on loans with very low-interest rates, such as interest rate adjustable loans, the banks have raised the contribution rates, which means that in some cases you should rather choose a fixed rate loan or a long-term interest rate adjustment loan.