A small loan without private credit checker is the perfect solution when money is urgently needed. If the private credit checker of a loan seeker is negative, he subsequently has major problems with his creditworthiness. Banks based in Germany usually have a hard time lending to customers with poor credit ratings. A solvent guarantee is often required as additional security. If you don’t have them, you won’t get a loan from German banks. But there are alternatives that our article wants to provide information about.
The small loan without private credit checker from abroad
Consumers with poor private credit checker think first of the private credit checker-free credit with which credit intermediaries advertise aggressively. This is a loan that Capital lender bank from Lichtenstein offers to German consumers, for which private credit checker information does not really matter. Nevertheless, this does not mean that the private credit checker-free loan is available to everyone.
The Liechtensteiner Bank expects customers to provide permanent employment that has existed for at least one year. A attachable income must be proven from this employment. The bank also inspects the public debt register. Loan seekers who have sworn an affidavit or who are in private bankruptcy proceedings will not be able to obtain a small loan without private credit checker. Loan seekers who receive wage replacement benefits or social benefits are also excluded from this loan offer. Everyone should know this before hiring a credit broker.
The small loan without private credit checker is a fixed loan amount that is either 3,500 USD or 5,000 USD. The loan must be repaid at 40 installments over a period of 42 months. The first two months of the loan term are repayment-free.
Real collateral or collateral in the form of a guarantee are expressly not desired. The loan is only granted to people who are themselves creditworthy.
For whom is the loan without private credit checker interesting?
This private credit checker-free loan is ideally suited to run as a small side loan. It does not necessarily have to be persons with poor private credit checker information who are interested in the offer. Rather, the Capital lender bank loan offer is aimed at consumers with the best credit rating who simply want their private credit checker to stay clean. This can be useful if construction finance is planned shortly or if the applicant intends to take out an official loan.
The private credit checker-free small loan without the costs
The interest on the small loan is generally higher than the interest on a comparable loan that German banks offer. This can be justified by the higher credit default risk that the bank takes if it does not know the customer’s private credit checker information. In addition to the interest costs, which are over ten percent, there are also the costs for the agency fee to be paid to the credit intermediary. These costs are not to be paid as a one-off amount. They are apportioned to the monthly payment.
What to look for when choosing a credit intermediary
Make sure that it is a reputable placement company. This can often be seen from the fact that the intermediary does not charge any upfront costs and does not make advertising promises that guarantee private credit checkerfree credit for everyone.
The alternative to small loans from the bank
If you urgently need credit, you can also tap your own reserves. For example, if there is life insurance with a correspondingly high surrender value, life insurance can be loaned. This small loan without private credit checker has several advantages for the insured. He is free of private credit checker and no debt is incurred because you are borrowing your own money. For us, this alternative is the first choice if life insurance is available.