Anyone who has a bad Credit Bureau knows how difficult it is to get a loan. The banks fear a loan default and give this as a reason not to grant a loan. This means that an application in Germany is often no longer possible. However, a loan can still be drawn.
Applicants who either do not want to debit their Credit Bureau or do not get any credit because there are too many negative Credit Bureau entries can contact a foreign bank. Here, a loan from Switzerland is granted free of Credit Bureau, which can help in such situations.
What makes the loan special and how is it applied for?
The Swiss Credit Bureau-free loan is granted without the Credit Bureau being checked. This is because the foreign banks do not know Credit Bureau and therefore no entry can be made. Credit Bureau mainly works with German banks, which can then be rejected. The credit is also not recorded in the Credit Bureau, so that no negative entries can arise. In order to apply for the loan, a credit intermediary must be found who specializes in this loan.
In addition to pay slips, the agent also requires a copy of the ID and one from the registration confirmation. In addition, the applicant for a loan from Switzerland has to fill out a form where personal data must be entered. The customer is asked about his preferred loan and also how high the monthly installments can be. The credit intermediary then contacts different banks and obtains suitable offers for the customer.
Requirements for the loan default
A attachable income must always be available in order to be able to apply for the Swiss Credit Bureau-free loan. Unemployed people, the self-employed and apprentices will not receive a loan because the income is either not available at all, fluctuates too much or is too low. With the copy of the ID card, the applicant proves that he is of legal age and with the registration confirmation that he lives in Germany. If these requirements can be met, a loan can be taken out.