It will probably remain that the loan designates the loan without credit rating, even if it no longer comes from Switzerland. An entry, eg in the case of submission of the affidavit, ensures an automatic credit rejection. In addition, the loan without credit rating information with proof of income can not be approved at any age. In connection with the borrowing the term credit rating appears again and again.
Loans without guarantors and without credit rating not for everyone
Without guarantors and without credit rating, consumers can not receive loans from institutes and institutes established in Germany. Under the current lending guidelines, the borrower must submit the credit rating information. The credit without guarantors and without credit rating can receive credit-seeking consumers from the domestic, if, then only from a foreign bank.
Foreign banks grant their loans without guarantor and without credit rating.
In this article, we have researched and pointed out the opportunities for the German consumer, if he wants to conclude a loan agreement without guarantors and without credit rating. There are many stories on the net about non-creative loans that are spreading like wildfire.
The so-called loan without credit rating has not come from Switzerland for years. The credit institutions do not have the approval of the German Federal Financial Supervisory Authority for the granting of non-creative loans to private households. Nevertheless, the loans are still non-credit rating, and the loan without credit rating is usually granted without guarantor. The loan applicant alone must be sufficiently creditworthy for this application.
As a rule, the lender requires the borrower to hold the corresponding credit ratings. Since the assessment of the value of a loan without a guarantor and credit rating can not be based on the credit rating information, further essential conditions can be applied which a borrower can demonstrate. Who wants to conclude a loan agreement without credit rating and without guarantors, must show a confiscated pay from a gainful employment.
In addition, applicants must be able to prove that they are nationals of the Federal Republic of Germany. Anyone who satisfies these requirements has every reason to accept a loan without guarantor and without credit rating, but the borrower may not be entered in the public debt register. Anyone who makes a sworn statement or seeks a private bankruptcy must expect the loan to be denied.
Although no credit rating information is obtained from the bank, the state debt register is consulted. The obstacles that borrowers have to overcome are comparatively high. Many loan seekers who make a creative-free loan and turn to a loan broker who approves the loan even in difficult situations, are disappointed when it does not work.
You do not give away cash. Basically, the requirements at the signature bank are even higher than for us. Only the credit rating is given up. However, even here entire groups are excluded from the award. The loan is not granted to freelancers, the self-employed, unemployed, students, interns and domestic helpers.
The target audience is very manageable, and ultimately only a few borrowers use a credit without creation. Consumers with a negative credit rating, who can bring a guarantor, are better off with their loan request from domestic credit institutions. With the loan without guarantors and without credit rating of the bank, the chances of getting the loan at the end are modest.
In addition, the costs for loans are greater than for comparative offers in Germany.
For a loan of € 3,500 over a period of 42 months, borrowers pay around € 100 per month.
In addition to the increased interest cost of this loan, there is a commission that the loan broker receives.