Mostly, it is negative entries in the Credit bureau that have a corresponding negative impact on the creditworthiness of consumers. For this reason, consumers with negative Credit bureau ask whether there is a credit with no credit rating and Credit bureau. Not in Germany, because Credit bureau information is generally obtained here when a consumer applies for a loan. But banks abroad open up new opportunities for German loan seekers by offering a loan without Credit bureau information.
In this respect, it is possible to take out a loan without creditworthiness and Credit bureau – but – this is only possible if the non-existent creditworthiness is limited to the negative Credit bureau information. If you want to take out a loan abroad without Credit bureau, you still need to be creditworthy. The creditworthiness must be proven by a permanent employment with attachable income that has existed for one year. The loan without Credit bureau is just a loan, for which Credit bureau information is irrelevant.
Requirements for a credit without credit rating and Credit bureau
The offer of the foreign bank in Liechtenstein provides German consumers with residence in Germany and regular work income with a small loan, for which Credit bureau information is of no interest. This means that consumers with negative Credit bureau have the chance to get a loan. However, only if they are not entered in the public debt register. There is also no loan in Liechtenstein without a credit rating.
The important prerequisites that consumers must bring with them include the German state guarantee, a place of residence in Germany and a attachable income from a permanent position that has existed for at least one year. Because the loan without Credit bureau is only a small loan of either 3,500 or 5,000 USD, the installments of 3,500 USD loan amount are manageable at around 100 USD per month for the borrowers.
Where can the application be made without credit and Credit bureau
If you want to apply for a loan abroad without Credit bureau, the best way to do this is online via a credit broker of your choice. This is the best and most straightforward way to take out a loan with no credit rating and Credit bureau. When choosing a credit broker, loan seekers should always make sure that they turn to a reputable credit broker. If the credit broker requests advance costs or expects the customer to take out insurance or building society contracts so that the loan brokerage is possible, this is not serious.
Serious credit brokers process the request and prepare the non-binding offer without charging any upfront costs. A commission is only charged if the loan is actually brokered, which the credit broker apportions to the monthly installment. There are therefore no direct additional costs for the consumer in connection with borrowing.
Who are the loan offers suitable for?
If you think now, great, the credit without credit rating and Credit bureau is just right for me, you have to know that only a very small group of people is actually eligible for lending. Although Credit bureau does not provide information on these offers, loan seekers who are already heavily in debt should not apply for a loan. The Credit bureau-free loan must also be repaid in monthly installments, which in turn represent an additional burden that has to be managed. Existing debts will not be reduced by the expensive loan without Credit bureau.
Unemployed and Social Welfare recipients as well as the self-employed and freelancers and students and trainees do not receive a Credit bureau-free loan because they cannot prove a attachable income from dependent employment.
The Swiss loan described is a Credit bureau-free loan. If the creditworthiness of the borrower is determined exclusively at Credit bureau, there is the possibility of getting a loan here despite poor Credit bureau. When evaluating the creditworthiness of a person as a whole, however, other aspects play a role in addition to the Credit bureau information. There is no loan from a bank without a credit rating. If you are absolutely not creditworthy and urgently need money, you should ask friends or relatives about this.