The banks have their guidelines for lending. Anyone who falls through the grid has little chance of getting a loan. Nevertheless, some have specialized in granting a loan even in difficult cases. However, the consumer should not fall for the many promises that easily, because dubious providers are also bustling in this area in particular. You can quickly recognize this by the fact that prepayment must be paid first.
A loan for difficult cases is only available in rare cases. Some financial service providers have specialized in the market that can successfully broker such a loan. However, this is not easy, because here too, you are happy to secure yourself against default. This means that the entries in the Credit Bureau must not be serious.
This means affidavits or personal bankruptcies. These are also entered in the official debt register of the responsible local court, so that every bank can see the facts immediately. This also applies to foreign banks through which Swiss credit comes into being.
A guarantor can be helpful
Nowadays, this option is rarely chosen, but it can result in a loan being approved for difficult cases. However, it is difficult to find such a person who is willing to take this considerable risk. After all, he is liable for the loan when the borrower stops paying his installments.
Personal loan platforms are on the rise
For some time now there have been platforms on the Internet on which private individuals offer loans. The Credit Bureau is also queried here, but there is at least a small chance of success if the loan for difficult cases is not a large loan amount. The guidelines for the granting of loans have no influence here, because every lending investor can decide for himself whether or not he or she wishes to have a loan.
Another feature of these platforms is that the loan amount does not only come from one investor, but is financed by several people. A contract is only concluded when the desired amount has been reached. Interest rates are suggested by the borrower. This is also different from the banks.