Credit despite negative Credit bureau entry – who is qualified, when are there no credit opportunities? Anyone who knows the real background cannot mislead a dubious advertising promise.
Credit despite negative Credit bureau entry – a credit without creditworthiness?
Anyone who has ever signed a credit or cell phone contract knows the field for Credit bureau, which is the most important part of almost every credit check. A credit despite a negative Credit bureau entry is still not a credit without a credit rating. There is no credit without a credit rating. This becomes clear to everyone who translates the term creditworthiness for a loan into German. It means having the will and ability to repay. A credit without a credit rating would be a loan that the borrower does not want to repay and cannot.
The creditworthiness of Credit bureau-free financing is only checked in another way. With a foreign loan, it would be possible to completely keep Credit bureau out of the credit check. The other option, mostly advertised as a loan despite Credit bureau, would be to disclose the negative Credit bureau entry. But it is not necessarily rated as a knock-out reason for the loan. An example of this would be the loan from private donors.
Which credit option is recommended?
Basically, it is clear that a loan can only be expected if you provide proof of willingness to repay and ability to repay. The demands on how such proof is to be carried out, however, are very different. First of all, about the loan options from private donors. Guidelines are already laid down for the admission requirements for the loan application. Only those who can demonstrate at least a Credit bureau scoring value of H are able to publish the loan request on all platforms.
With a completed Credit bureau entry, the claim is balanced and still visible, this scoring value can be achieved. The credit option of private investors has a strong human component. On the other side there are mostly small investors. They show more understanding than any bank that something can get out of hand in life. Nevertheless, it is important to demonstrate the willingness to repay and the actual ability to repay. The fact that a loan is granted despite a negative Credit bureau entry is pushed into the background by a convincing presentation.
For whom is the international loan without Credit bureau worthwhile?
The loan without Credit bureau as a Swiss loan offers a credit opportunity for people who have not yet got their Credit bureau under control. An example of this would be an installment payment agreement with the creditor who initiated the negative entry. The entry is only completed when the debt has been fully settled. Due to the ongoing installment payments, only enforcement is suspended.
In this case, the creditworthiness can only be proven by regular employment income from dependent employment. For example, if you want to apply for 3,500 USD in credit at an annual percentage rate of 11.62 percent, there is a minimum income as a credit requirement. A single person must provide evidence of at least $ 1,130 net work income for lending.