If an instant loan with an instant approval without Credit Bureau is planned, the consumer will find no way around foreign banks. The foreign banks, specifically Fine Bank in Liechtenstein, grant no-credit loans to German consumers. The Credit Bureau-free credit, which is popular with German consumers, gives people with a negative Credit Bureau who have no chance of obtaining a loan from German banks the opportunity to take out a small loan despite the small defect. Of course, always on the condition that they are able to prove a correspondingly high income from a permanent position. In addition, the instant loan with instant approval without Credit Bureau is also the first choice for loan seekers who want to take out a loan that other banks should not know about the existence of.
A negative entry at Credit Bureau, no matter how negative, does not play a role in Fine Bank in Liechtenstein for lending. Nevertheless, consumers who apply for an instant loan with an instant approval without Credit Bureau must of course prove their creditworthiness to the bank. Because the instant loans without Credit Bureau are small loans, proof of permanent employment with attachable income is sufficient. Without income and permanent employment, lending is also not possible here. Accordingly, consumers who cannot meet these requirements should not strive for an instant loan with an instant approval without Credit Bureau. There are always dubious credit intermediaries who promise consumers loans even in difficult cases, but these are nothing more than empty promises.
Credit Bureau information is deliberately omitted
While at German banks both Credit Bureau customer information and their attachable income are relevant for lending, foreign banks alone need regular, attachable income as proof of creditworthiness.
Higher risk – higher interest rates
An instant loan with an instant approval without Credit Bureau, which can best be applied for through a credit agency, is always more expensive than a comparable loan from German banks. Foreign banks can pay the higher credit default risk through higher interest rates. In addition, borrowers must pay the broker a commission for the successful brokering. This commission is not due as a one-off amount. It is apportioned to the monthly installments, so that no additional costs arise for the customer when taking out a loan. When choosing a credit intermediary, consumers should always make sure that the loan offer is created free of charge and without obligation.
For whom loans without Credit Bureau are particularly suitable
Unfortunately, many German consumers take the view that the loan without Credit Bureau is only for people with negative Credit Bureau information who do not get a loan from German banks. It’s not like that. There are already a few good reasons why instant credit with an instant approval without Credit Bureau can also be the first choice for borrowers with good credit ratings. Anyone who wants to keep their Credit Bureau clean as a consumer, because in the near future, for example, real estate financing will have a small loan with the instant loan with immediate approval without Credit Bureau information, which no other bank will find out about. Credit Bureau information is not only obtained for Credit Bureau-free loans. The loan is also not reported to Credit Bureau as a current loan, so that it can run alongside other banks completely unnoticed.