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Instant Credit bureau-free loan.

 

Credit bureau rating can also drop significantly

Credit bureau rating can also drop significantly

If Credit bureau says very clearly that you are not creditworthy, then many consumers will work up a sweat if a loan is to be taken out. Because without Credit bureau this is only possible to a limited extent. But what does “not creditworthy” actually mean?

This is the term if you have negative Credit bureau entries. This may be because you have once failed to meet your payment obligations or have even signed an affidavit. Bankruptcy also has a negative impact on Credit bureau. And if you submit a loan application too often, which is then rejected, the Credit bureau rating can also drop significantly.

So what should you do if you need a loan but Credit bureau clearly shows that this is not recommended? You have to take a different route to get an instant Credit bureau-free loan. And this path doesn’t even have to be rocky and difficult.

An instant credit Credit bureau-free with a difference

An instant credit Credit bureau-free with a difference

Otherwise, if you always read that no bank will help with bad credit conditions anyway, the problem should be dealt with differently here. You can always find help, you just have to know where to look. So you can quickly stop looking for an instant Credit bureaufrei loan in Germany.

The offers that are made here either come from abroad or are dubious. It is therefore better if you immediately turn to the source, which is usually located in Switzerland. There are many banks here that grant a loan even if the creditworthiness is reduced. And that in a very safe and, above all, serious way.

Lite lender loans also demand some conditions, but they can be met. So you have to be of legal age as an applicant. Since you also have to be of legal age in Germany to apply for a loan, this shouldn’t be a problem. You also have to have your permanent residence in Germany.

In addition, a fixed income must be achieved. The employment contract should have existed for at least six months and should be unlimited. If you can then name a security such as insurance, there should be nothing standing in the way of a loan.

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Loans without Credit Bureau information and guarantors

For loans granted by German banks, a Credit Bureau request is common, while the guaranteeing is only required in a few cases. These relate to the borrower’s low income or poor credit rating. The guarantor must of course achieve a sufficiently high income and at the same time must not have any negative entries at Credit Bureau. In some cases, lending is possible without a Credit Bureau and without a guarantor, most often via banks in Switzerland.

German Credit Bureau-free loans without guarantors

German Credit Bureau-free loans without guarantors

The most well-known loans without Credit Bureau information and guarantors are the loans granted by pawnbrokers, since in this case the pledge to be deposited serves as the exclusive loan security. Furthermore, employers usually do not ask for guarantees for the granting of employee loans, they do not always make a Credit Bureau request. Less known loans without Credit Bureau and guarantors are partial payments for orders from existing customers.

Most mail order companies make a Credit Bureau request when a new customer places an order with payment in installments, while they determine the internal creditworthiness of existing customers from the customer’s previous business relationship and payment behavior.

Loans via the partial payment function of the credit card are not linked to a new Credit Bureau request when specifically used; however, since this is done before the card is issued, it is not strictly to be regarded as free of Credit Bureau. If people receive Hartz IV, they also get an interest-free loan without Credit Bureau information and without guarantor from the employment agency or in the job center, provided they use it to finance urgently needed purchases.

Loans from Switzerland

Loans from Switzerland

Swiss and Liechtenstein banks grant loans without Credit Bureau information and guarantors to applicants with a fixed regular monthly income, which is higher than that required by German financial institutions for the loan approval. The relevant banks cannot make a Credit Bureau request anyway, since they are not members of the German Credit Protection Association.

The banks report the taking up of the loans to the Swiss ZEK, which of course did not collect any information about their creditworthiness before the customer applied for credit in Switzerland for the first time. The loan amount is limited for loans from Switzerland, most banks grant a maximum of 3500 to 5000 USD; the multiple loan application to different Swiss banks is noticeable because of the notification to ZEK.

The Swiss or Liechtenstein credit banks pay the requested loan in USD and have their own account with a German bank. This means that the borrower does not incur bank charges when receiving and repaying the Swiss loan, and there is also no exchange rate risk for loans without Credit Bureau. Borrowers gladly accept a slightly higher interest rate for loans without Credit Bureau information and guarantors compared to inexpensive German loans.