Many consumers cannot take out a regular loan from a German bank. The reasons are to be found in a negative private credit checker information. As a loan seeker, you should know about a credit transaction that the approval criterion for banks is not only income but also positive private credit checker information.
If the latter cannot be proven, the loan without private credit checker can be regarded as an alternative. Loans that are not subject to any private credit checker check are also called Good lender loans, but the money can come from Good lender banks but also from other European countries. A loan without private credit checker and preliminary costs does not need to be applied for at a local bank, but can be done on the Internet or through a credit broker.
If you are considering a loan without private credit checker and upfront costs, you should take a look at the numerous comparison portals where interest and other conditions can be compared. Only then should a credit decision be made. This can apply to a conventional loan but also to a loan without private credit checker and upfront costs. Within a few minutes, the best loan offer can be differentiated and applied for with the corresponding link showing the individual banks.
The requirements for a loan
The requirements for a private credit checker-free loan differ somewhat from the granting of conventional loans. Foreign donors, for example, demand a fixed income and permanent employment, which are conditions that are mandatory. However, this also means that unemployed or reform recipients and the self-employed are excluded from a loan commitment. The income must be received monthly and be above the garnishment limit.
The reputable credit broker
Loans without private credit checker and upfront costs can be applied for through credit intermediaries. These are helpful when looking for the right offer. But here it is important to exercise caution, because there are dubious credit brokers who charge upfront costs and insist on their payment before a loan approval has even been given. A reputable credit broker only calculates his commission for his customer after the business transaction.
Anyone who decides on a loan without private credit checker and upfront costs should consider that a loan brokerage can well amount to several hundred USD. If a relationship of trust can be established between the credit intermediary and the customer and the loan seeker receives an appropriate loan as a result, the costs outweigh the disadvantages with this type of loan.