If you want to take out a loan despite Credit bureau entries, you have a good chance of getting money with a loan without Credit bureau information. A loan without Credit bureau information is often known as a Credit bureau-free loan or Good lender loan. The loan comes from a bank based in Switzerland that does not work with Credit bureau. Especially on the Internet there are countless offers for such a loan without information. The loan is often taken without Credit bureau information in order to fulfill a dream or to be able to pay open bills.
Terms and conditions
The loan without Credit bureau is not earmarked, so it is not necessary to state what the money is needed for when applying. So the loan can be invested without Credit bureau information for a vacation trip, a car or for furniture. Certain prerequisites are required to protect the bank from loan defaults. The applicant must prove that they are of legal age and reside in Germany.
The borrower must be a private individual and must not be self-employed. Neither self-employed nor freelancers will receive a loan without Credit bureau information. The loan is also not given to housewives or the unemployed. It is necessary to have a relatively high and secure income so that the loan can really be repaid. So that the borrower can determine the garnishment exemption limit, the applicant must state in the application how many people live in the same household. This limit increases with each person, provided that these persons are entitled to maintenance. The bank usually does not require any further collateral.
Beware of dubious lenders
It is often a loan without Credit bureau information that is the last resort to get out of financial difficulties. There are many black sheep in the financial industry who don’t want to lend money to help, but to get money. Although many offer loan offers, these are often chargeable with dubious providers. If the money has been transferred, there is no loan agreement thereafter. So anyone who wants to inquire about a loan without Credit bureau should be carefully informed and careful that loan offers are always free and non-binding.