It can always happen that a loan must be taken out in the event of a financial shortage. This can be used to pay bills or purchases that were not previously planned. This protects the household budget and there is no delay in payment. See bluedaffodil.net
It should be noted that consumers are not dependent on taking out a loan in Germany. There is a chance that the loan comes from abroad, the so-called loan without guarantor and without Credit bureau, and this loan is not always taken up by consumers who have a bad Credit bureau. There are also people who have a very good credit rating, but do not want to burden Credit bureau at all. So the customer has no entries in the Credit bureau and it is not checked.
Characteristics of the loan
The loan without guarantor and without Credit bureau is characterized by the fact that the customer’s Credit bureau is not checked. In return, the credit is not entered in this, so that the customer’s Credit bureau remains clean. No German bank can later understand whether a loan without guarantor and without Credit bureau was taken out. The interest rates on this loan are not much higher today than for normal loans in Germany.
This is mainly due to the demand for credit. There has been a lot of competition between the banks, making the offers particularly attractive. When the customer makes an application, very few banks will ask for a purpose. Nobody has to tell the bank what the loan amount is needed for and is at their free disposal.
Can the loan be applied for in Germany?
The customer can apply for the loan from home via the Internet. To do this, he has to go to a portal where a credit broker works with these loans. The application is then made via the Internet. Since German banks do not grant the loan without guarantor and without Credit bureau, the credit intermediary only contacts foreign banks to obtain offers.