There can be many reasons for a negative Credit Bureau entry. Most of the time, it also has a consequence: you can’t buy anything on the pump and you don’t get a loan. A negative Credit Bureau entry does not automatically mean that you currently have financial problems and are therefore not creditworthy.
Rather, this entry can be a bit older and it only casts a long shadow that is difficult to escape. If so, you have little chance of a regular installment loan. Rather, you have to accept one of the offers that promise a serious loan despite Credit Bureau entry.
Serious credit despite Credit Bureau entry without creditworthiness?
A serious loan despite Credit Bureau entry does not mean that you do not need a credit rating. But on the contrary. Every lender – no matter where it comes from – will always check very carefully before granting the loan whether the borrower can repay the desired loan at all.
Whether there is sufficient creditworthiness to service the installments over the entire period. If so, then nothing should stand in the way of a loan. However, if this is not the case, there will definitely be no credit. No other lender either.
Many are of the opinion that despite a Credit Bureau entry, a serious loan is not serious. But this is not the case. It is true that there are many dubious offers in this area. But with a little bit of sensitivity and knowledge of people, you can filter them out and reject them quite quickly.
Banks from abroad are usually behind such offers.
Switzerland is in charge here. Since the banks are not bound to Credit Bureau information, they can decide about awarding them much more freely. You can contact the bank either directly or through an intermediary in Germany.
If you rely on quality and seriousness, you should make sure that these loans are always without prepayment. Anything else would be dubious and only a means of making money for the intermediaries and the banks. Reputable providers earn their money only with the loans and not with their brokerage.
Therefore, the interest rates for such offers are usually higher than for conventional installment loans from Germany. If the interest burden is within an acceptable range, this may be perfectly fine. Because prefer a slightly more expensive loan than no loan at all.