It is not always easy for loan seekers to get a loan without checking the Credit Bureau. The customer often does not want this for the reason that either the Credit Bureau is too negative or the Credit Bureau should not be charged at all. In Germany, banks do not offer credit where Credit Bureau is not checked.
This means that this loan can only be taken out abroad without Credit Bureau. This not only has the advantage that the Credit Bureau is not checked, but it enables people who have no chance of getting a loan in Germany to get one anyway.
How is the loan applied for?
In order to be able to apply for the Swiss loan without Credit Bureau at no extra cost, a credit broker is involved. The customer has to look for it via a newspaper advertisement or on the Internet. He sends a form which the customer has to fill out. Questions about the loan itself are also asked here, such as loan amount and term. With the above-mentioned documents, the credit intermediary will then write to different banks and ask for offers. The customer receives this, who can then opt for one of the loans.
Who can apply?
In order to be able to apply for a Swiss loan without Credit Bureau without any upfront costs, the loan seeker must be able to meet certain conditions. He must be at least 18 years old for this loan and often must not be older than 58 years. Minors do not get a loan abroad and the bank must fear that the risk of death is too high for pensioners. Anyone who is old enough to be able to apply for a Swiss loan without Credit Bureau without any upfront costs must submit pay slips.
These are to certify that the applicant has a regular income that is not below the garnishment allowance. Banks also require a confirmation of registration from Germany to ensure that the borrower lives in Germany. As soon as these requirements can be met and the necessary documents are available at the bank, a contract can be concluded. Once the contract has been signed, the loan amount is transferred to the account of the borrower, who has this amount at his free disposal and does not have to specify a purpose.