A loan in spite of the Credit Bureau entry being paid for can be applied for directly or through a credit intermediary. The loan “without” Credit Bureau from abroad is a small loan. For larger credit requests, such as debt restructuring, only domestic loans are possible despite Credit Bureau.
Credit despite paid Credit Bureau entry – choice of the right loan offer
There are many ways to find a loan despite having paid Credit Bureau entry. Despite Credit Bureau, loans are advertised primarily through the credit brokerage industry. The actual financiers are very reluctant to advertise. For German credit banks that enable loans despite poor creditworthiness, this option is often not even mentioned on the website.
For the correct choice of loan, the loan amount is decisive. If you want to apply for a larger loan despite Credit Bureau, then a domestic loan is the right choice. Offers for such a loan despite Credit Bureau exist from credit institutions and through serious private loan offers. If 3,500 USD or 5,000 USD are enough, the money should be available quickly, then everything speaks for a foreign loan. The foreign loan is mostly advertised as a Swiss loan without Credit Bureau.
An advantage of a credit solution without Credit Bureau is that the credit rating does not deteriorate further. A Credit Bureau-free loan is not reported to Credit Bureau, provided there are no repayment problems. Whether the Credit Bureau entry has already been paid or the claim is still open does not matter for the lending.
All that is important for the qualification is a secure job that is subject to social security contributions and a clean public debt register. An employment relationship that has existed for at least 12 months is required. In addition, the employment contract must not be limited. (Exemption for time soldiers).
Small loan without Credit Bureau – classic international loan
A reputable broker cannot offer a legal selection of various foreign credit banks. As far as is known, only one Liechtenstein bank currently offers legally Credit Bureau-free loans for Germans. Lite Bank allows direct loan applications and applications via a credit intermediary. When looking for a reputable loan offer without Credit Bureau, the help of a credit broker is therefore unnecessary. According to the highest judge’s decision, previous credit offers from Switzerland are no longer legal and have disappeared from the market.
A small loan without Credit Bureau, which offers itself as a loan despite the Credit Bureau entry being paid for, can only be applied for for two loan amounts. The variant with 3,500 USD of Credit Bureau-free credit is possible at an effective annual interest rate of 11.62 percent. The second loan option is 5,000 USD net loan amount at the annual percentage rate of 11.61 percent. Both loan options are repayable in 40 equal monthly installments.
A loan without Credit Bureau of 3,500 USD is repaid monthly at 105.95 USD. A total of 4,238 USD will be paid in this way. With the loan variant with 5,000 USD, the monthly installment is 151.35 USD. A total of 6,054 USD must be repaid for this loan.
All of the above figures correspond to the status of November 12, 2013, they apply to direct loan applications without intermediaries. Mediation costs, postage and cash payments are not included.
Big credit requests despite paid Credit Bureau entry
A loan despite a paid Credit Bureau entry is not limited to the possibility of a small loan. The completed Credit Bureau entry can qualify for borrowing from a credit bank or from private donors. It is cheaper to try the loan on one of the portals for private lending. The market leaders in this area are the portals Spin Lender and Across Lender. With an entry marked as done, a score of H can be achieved. This score is the prerequisite for being able to freely choose Spin Lender or Across Lender.
The pure credit attempt is free on both platforms. The portals only charge a commission for their services in the event of a loan. For a debt rescheduling despite Credit Bureau not only cheap interest rates are important. Large amounts of credit can often only be paid in reasonable installments if you can work with a long term. A loan, despite the Credit Bureau entry being paid for privately, can even have a term of up to 120 months.
Credit despite paid negative entry – credit banks
For the loan search despite Credit Bureau for the reputable loan offer of a credit bank, the help of an established credit broker really makes sense. Agents, such as Lite Bank, know all credit banks that grant a loan despite Credit Bureau entry.
Another name for this division. The extra loan from Infra Bank, at the annual percentage rate of 11.95 percent, can be approved as a loan despite the Credit Bureau entry being paid for.