A credit despite a negative Credit Bureau and without prepayment is a matter of course! Trying to enrich yourself with prepayment is not the only trick of windy traders.
Credit despite negative Credit Bureau only without prepayment
Anyone looking for a loan despite a negative Credit Bureau and without prepayment is in a financial tight spot. The negative Credit Bureau entry seems to destroy all credit opportunities. Many are looking for a credit solution through advertising. Everything is promised in advertising that the customer would like to read. Credit Bureau-free loans seem to exist in every situation. Even credit options “without creditworthiness, despite bankruptcy and without the risk of loan refusal” are advertised.
If someone with ongoing bankruptcy proceedings is not rejected, then credit opportunities must exist. If you approach your loan search in this way, you may be lucky or end up with a windy trader. Self-protection: The longer a company works in the credit intermediation market, the easier it is to google the experiences of other borrowers.
It is also helpful to know the sources through which the lending business can be carried out directly despite Credit Bureau. If a credit broker is later consulted, it is a question of convenience, not of ignorance.
Serious – legal loans despite Credit Bureau
Reputable credit providers only offer a loan despite negative Credit Bureau only without prepayment. In the event of a “minor misconduct” it is possible to use one of the large portals for private lending. The larger the portal, the better the credit opportunities. The two market leaders are Spin Lender and Across Lender. The portals do not offer a loan without Credit Bureau – a granted loan is not entered in Credit Bureau. However, a loan is possible despite Credit Bureau.
A Credit Bureau score of at least H is necessary to have free choice of portals. This scoring value can be achieved with a Credit Bureau entry. Across Lender is somewhat more liberal in the entry requirements. Loan requests are published promisingly within the scope of an average scoring value.
Those who cannot meet these requirements are dependent on a foreign loan.
Credit without Credit Bureau and without a credit intermediary
The risk of encountering a dubious mediator is reduced to zero if no mediator is needed. As a foreign bank, only one credit institution from Liechtenstein in Germany is currently allowed to offer the loan without Credit Bureau. As far as is known, all reputable credit intermediaries work with this bank. It is Lite Bank based in Liechtenstein.
If the loan application is made directly, a loan without Credit Bureau in the amount of 3,500 USD will cost 11.62 percent APR. All fees are included in this interest rate. The second loan option offered includes a loan amount of USD 5,000 at an effective annual interest rate of 11.61 percent. (As of 09.10.2013).
The most important credit requirement is an unlimited long-term employment relationship. In addition, there must be no garnishment of wages and the net labor income must reach a minimum level. With a credit of 3,500 USD, a single person must prove a net income of at least 1,130 USD.
As far as is known, it is the only foreign bank that grants a loan despite a negative Credit Bureau and without prepayment, of course.