A loan despite a negative Credit bureau – without guarantor, is that possible? Of course, reputable Credit bureau-free loan offers are practically without exception loans without guarantor. The contribution deals with the credit opportunities that open up despite the negative Credit bureau, what to watch out for.
Credit despite negative Credit bureau – without guarantor to the loan
A negative Credit bureau entry has far-reaching consequences in Germany. Almost every loan search is doomed to failure by the entry. Not only are the credit options at banks and department stores affected. Even a mobile phone contract is hardly possible without a perfect Credit bureau.
A look at the advertising shows above all the offers of the credit intermediaries as a loan option. A loan despite a negative Credit bureau and without guarantor, through a credit intermediary, is not the only financing opportunity. A loan despite poor Credit bureau can also come from one of the portals for private lending. The requirements of the market leaders – Centi loan and Trucredit are decisive for the access requirements.
Credit despite Credit bureau – private donors
The possibility of private financing despite a negative Credit bureau is not unlimited. To use the Centi loan portal, a scoring value of at least H must be achieved so that the credit request can be published. This value can only be proven with a completed entry. At Trucredit there is no such clearly defined requirement. The desire for a loan despite a negative Credit bureau and without guarantor can be set with a mediocre score.
Nobody can reliably predict how good the credit opportunities actually are. Nevertheless, it is advisable to at least try it. If no credit contract is concluded within 20 days, the credit attempt is guaranteed to remain free of charge.
Credit despite a Credit bureau from a reputable foreign bank
If the search for credit from private donors was unsuccessful, the offers of the credit brokerage companies remain a way out. You can arrange a loan without Credit bureau as a foreign loan. When looking for a reputable credit broker, the crispest slogan shouldn’t be the deciding factor. The best protection against dubious providers is common sense. Advertising slogan that promise a guaranteed credit for everyone cannot be followed.
Caution is also advised when dealing with extreme advertising slogans. An instant loan without Credit bureau cannot be in the account within 24 hours. This time window, even with the best credit rating, cannot be met with an online loan. For the loan without Credit bureau from abroad, a time window of up to three weeks must be expected.
A reputable provider only promises real credit opportunities within narrow limits. The loan is possible without Credit bureau with a loan amount of 3,500 USD or 5,000 USD. The effective annual interest rate – for direct applications – is 11.62 percent for the smaller loan amount and 11.61 percent for the large amount.
The loan despite a negative Credit bureau and without guarantors from abroad is not a loan without creditworthiness. The creditworthiness can only be proven through the employment income. A single person must prove a net work income of at least 1,130 USD for a credit of 3,500 USD. With a loan of 5,000 USD, it is already 1,600 USD.