A loan can help, especially when the financial situation is very tight. This is mainly used to pay bills or make important purchases. Getting to the bank seems easy to apply for a loan, but for many it is an obstacle that cannot be overcome.
Banks only grant a loan if the customer is solvent. That is checked by the Credit bureau and the salary. Some have negative entries in the Credit bureau, so that no lending is possible here. However, no loan is often granted even to applicants who have a low salary. Nevertheless, nobody should give up so quickly, because there are different ways to get an instant loan with negative Credit bureau.
What options can be used?
Consumers can go in many ways to get an instant loan with negative Credit bureau. Anyone who cannot get ahead in Germany due to their poor credit rating should try to improve their creditworthiness. Even if the Credit bureau has negative entries, this does not automatically mean that a loan is impossible. Banks then often require collateral that can be provided. She will ask the customer if he knows someone who can act as a surety. A surety must meet different conditions.
On the one hand, he has to prove a regular income, which can be attached in the event of a loan default, and the Credit bureau must not have any negative entries. If these conditions can be met, the bank has two borrowers who are liable for the immediate credit with negative credit. Another possibility would be to take out a personal loan on the Internet or to ask the family whether a small amount can be borrowed. Those who can neither provide the collateral nor find someone who lends money can take out a loan abroad.
Foreign credit information
Anyone who fails to provide loan security can try to get a foreign loan through a credit intermediary. This instant loan with a negative Credit bureau is known in this country under the Swiss loan. Credit bureau only works with banks in Germany so that the customer’s Credit bureau is not checked and the loan that is taken out is not recorded in the Credit bureau.
This requires other collateral to be provided where no exceptions are made. On the one hand, the customer must have a regular income and be of legal age. The income must not be less than the garnishment-free allowance, since it cannot then be attached in the event of a loan default.