Loans without credit bureau – Where to lend
Real credit without Credit Bureau
- Start your credit request now (this does not result in a contract).
- After checking your request, the money will be in your account after 4 days.
- All you have to do is accept our offer. If not, then not. No catch, no upfront costs.
A loan without Credit Bureau in the full sense means that the lender neither makes an inquiry to the German credit protection agency before the loan approval nor reports the loan approval to the loan approval provider. Credit lines that have already been approved are reported to Credit Bureau, including their respective maximum amount, and repeated use of them does not trigger a new request or an entry in the credit protection system.
For whom is lending without Credit Bureau suitable?
Contrary to a widespread consumer opinion, the loan without Credit Bureau is not only suitable for applicants with at least one forfeited negative characteristic. Rather, lending without a Credit Bureau entry also makes sense for all applicants who are planning further extensive financing within six months. Two loan applications submitted in less than six months lead to a deterioration in Credit Bureau’s score and, as a consequence, higher costs for the second financing.
Where is it possible to lend without Credit Bureau?
Most consumers are aware that pawnbrokers grant loans without a Credit Bureau request and without a Credit Bureau entry, since the pledge deposited serves them as sufficient credit security. Significantly fewer consumers know that they can also lend to existing insurance contracts. The corresponding loans are usually granted by the insurer, whereby the payment claims acquired by the customer serve as a deposit.
The mortgage loan is not suitable for Riester or Rürup contracts, since their mortgage lending is classified as harmful use and therefore causes the subsidies paid or the tax benefits granted to be recovered immediately.
Swiss credit is most commonly associated with the term loan without Credit Bureau. Cream banks pay these to German borrowers in USD, whereby the sufficient amount of income is sufficient for the financial institutions as evidence of the creditworthiness of a customer.
Swiss credit institutions rate labor income as sufficient if it is higher than the borrower’s attachment allowance. When calculating the income, only the income from the main professional activity applies; secondary income as well as child benefit are disregarded.
The loan without Credit Bureau from Switzerland is mainly limited to 3500 USD for a loan application submitted directly via the financial institution, few banks extend the maximum amount to 5000 USD. Higher loan amounts can be applied for through a credit intermediary, whose seriousness can be recognized by the mere calculation of an appropriate performance fee and the waiver of the charging of preliminary costs.