Anyone who needs an instant loan wants to hold the loan amount in their hands immediately if possible. However, this is not possible due to the credit check, which also takes place with a credit bureau-free loan. Those who have negative characteristics in their credit bureau have problems applying for a loan.
The credit bureau-free loans are advertised on the Internet and in the print media. Sometimes there is nothing but hot air behind it. Loan promises are made that cannot be kept at all. Loans without income, even loans from an ongoing bankruptcy procedure are offered. Anyone who chooses a loan that is offered by a credit broker should pay close attention to the conditions that the credit broker requires.
The target group is people who suffer from their financial hardship. Dubious credit providers use the opportunity to enrich themselves and to charge the loan seeker with fees that are not at all legal. The best protection against a dubious credit broker is healthy distrust. If even the layperson has concerns about the loan promises, another loan broker should be looked for.
The instant loan without credit bureau and without upfront costs
There is little scope for obtaining an instant loan without credit bureau and without upfront costs. The leveraging tool is the bad credit bureau, which makes a loan with the house bank or another branch bank impossible. For an instant loan without credit bureau and without upfront costs, loan brokers are available for a customer. However, as already mentioned above, it is important to show a healthy distrust if, for example, the credit agreement has already been approved on the phone.
When loan amounts are offered that even a customer with very good income can hardly manage. Advance fees and insurance contracts with which a loan commitment is made dependent are also not serious practices. A reputable credit broker will only calculate the commission to which it is entitled based on the legal basis after a loan approval. Everything else is rip-off.
An instant loan without credit bureau and without upfront costs is a loan with a limited amount of credit. credit bureau-free loans amounting to 3,500 USD or 5,000 USD are granted depending on the creditworthiness. The funds come from Switzerland and Liechtenstein, mainly from Liechtenstein since 2010. Best bank was founded to meet loans to German citizens.
If you want to leave out a credit broker, you can apply for a loan directly from the bank. The bank’s website has all the information listed and has also made a loan application available for download. The current loan interest or the conditions for both loans can be viewed on the page. The interest rate (as of January 2014) is 11.37% APR. Repayment is made in 40 monthly installments.
Despite the fact that a direct application is possible, an instant loan can be made without a credit bureau and without any upfront costs with a credit broker. The procedure is actually advisable to the customer, who may have some problems with the Internet and would like to rely on a reputable credit broker. So a customer does not need to look at the financing options of around 20 loan providers. An experienced credit broker knows all credit providers who issue a loan if there are problems with the credit rating.
The conditions that a loan application through a credit intermediary has to fulfill are always the same. The loan application is made to the selected broker. The necessary data should be given truthfully, because the credit broker uses this to compile his loan offer.
However, this is not yet binding; it only takes place after the loan approval. If the customer receives the loan application, by post or by download, it must be signed and sent to the lender with the necessary credit documents (proof of wages, bank statements and a copy of the employment contract). The latter checks the documents and then gives the loan approval. The credit broker can then calculate his commission.
The prospect of a foreign loan, primarily called a Swiss loan, is a regularly incoming and sufficiently high income that should come from a self-employed activity. The employment contract should not be limited in time and should have existed for at least one year. Swiss donors will not query credit bureau or make an entry in it. But since income is usually the only credit protection, a transfer of wages must be signed. If there are payment defaults, the garnishment is immediately seized.
If you want to avoid this embarrassment, you should pay your installments on time.
Anyone who undergoes a loan comparison sees the same terms and conditions as the credit broker works. If you exercise some care here, you can get an instant loan without credit bureau and without any upfront costs.