Today it is not uncommon for many households to be in debt. This is due to the constantly rising cost of living, energy costs and excessive gasoline prices. The end result is that one or the other household can no longer make ends meet despite regular income.
This situation inevitably leads to over-indebtedness and negative entries are made at Credit Bureau, which almost means the economic end of the person concerned, because with a negative credit rating there is not even a cell phone contract. There is no credit at all. Therefore, those concerned apply for a loan without Credit Bureau online.
A loan with an intermediary
Applying for a loan online without Credit Bureau is also the only way. However, an intermediary must be commissioned for this, because the banks that grant a Credit Bureau-free loan are based in Switzerland. It would be futile if the borrower had to make a detour to the neighboring country. But the intermediaries have specialized in this and take on all the formalities, including sending the documents to the appropriate bank in Switzerland. Applying for a loan online without Credit Bureau does not necessarily mean that it will be approved. Like a bank in Germany, the intermediary checks the prospect’s income.
The basic requirements for such a loan are:
– an unconditional and permanent employment relationship
– a residence in Germany
– no self-employed or freelance work
– The net income should not be less than a certain amount.
If everything is OK so far, the intermediary sends the documents to Switzerland. The bank still has the last word. This loan will never be reported to Credit Bureau if it is approved. As usual, there is no credit check in advance. The security for the bank is the monthly salary that goes into the checking account. The repayment is made by bank transfer or alternatively by setting up a standing order.
Applying for loans through capital lender is easy. An online loan application is sufficient to address both banks and private investors at a serious level. Of course, the borrower decides who gets the loan.