Sometimes situations occur in everyday life that could not have been foreseen. You can quickly get into a bottleneck, especially in the financial area. The car has given up on the ghost, although you need it every day to drive to work. The washing machine, refrigerator and tumble dryer failed at the same time and the tax office sent a high bill.
There is a hurry, money has to be raised quickly so that normal life can continue. The overdraft on the checking account is not sufficient to cover all expenses, an inheritance or a lottery win is not in sight and savings are not available? There is only the possibility of a loan that covers the total of the bills and can be repaid in acceptable installments.
Before the loan is compared to the provider
You make an appointment with the house bank, but this does not go as desired. Some time ago there was an incident that led to a negative Credit Bureau entry and nullifies the chance of a loan from the bank. You also cannot show a guarantor who guarantees the repayment of the installments. How do you find a loan without guarantor and without Credit Bureau? Numerous dubious providers are on the move in this area. If you want to be on the safe side that the loan without guarantor and without Credit Bureau is cheap and reliable, it is best to start a provider comparison on the Internet.
This provides detailed information and statements about the individual lenders. The effective annual interest rate, the fees for processing and brokering, the amount of the loan, the term, the installment amount and the speed of payment are compared. Remember that even with a loan without a guarantor and without a Credit Bureau, as in most cases: everything sounds too good, there is usually a catch.
Serious or untrustworthy?
A credit offer is dubious if no collateral is required, if additional insurance is required to pay out the loan, if salary transfers or blank transfers are required or an upfront fee is due. Normally, a proof of income is sufficient as security, the fees are added to the loan amount and repaid by the installments. A positive assessment of the online lender by an independent institution or organization is a good sign and speaks for the lender. So definitely start a thorough comparison for the providers in terms of credit without guarantor and without Credit Bureau.
There are also private credit brokers who offer themselves as lenders. The rules are usually similar to those of banks, but mostly an unconditional and permanent employment with a fixed income is required. Another option is a personal loan, in which a private person provides the money. It can be a stranger or someone from your personal environment. For the loan without guarantor and without Credit Bureau, financing partners from all over Germany and abroad can be won through a comparison.
Advantages and disadvantages
A loan without guarantor and without Credit Bureau is the only way for many people to get money. Most providers handle this quickly, there is no demand for the exact purpose. The entire process is also anonymous if requested by the customer. The disadvantage of a loan without a guarantor and without a Credit Bureau is the usually high interest and fees. Also be careful not to overdo the amount of the installments to be paid back. Your negative Credit Bureau entry has a reason and the financial burden can quickly become too high.
In the worst case, if you can no longer pay the installments, your salary or the specified collateral will be attached. It is usually not possible for the unemployed to obtain a loan without a guarantor and without a Credit Bureau. Providers who offer special loans for the unemployed usually charge very high fees and interest to absorb their risk. The guarantee of an additional person is also required. An alternative for inactive people is a loan from private individuals or the loan of valuables in the pawnshop.