Banks receive the Credit bureau information in connection with the credit check, from which they can see the existing obligations, so that they also do not help to hide loans. Many consumers dream of low-income loans without Credit bureau.There are not many low-income or non-Credit bureau offers, but they can be found. It is much harder to find a loan if the loan is to meet both conditions. A loan despite Credit bureau and low income is quite possible – learn all about this interesting topic here.
A personal loan? The term “personal loan” is a fixed term which, unlike the term “personal loan”, refers to the origin of the funds raised. Lenders can be people who know you personally or people who are willing to pay their loan at a certain rate.
Whether mini, part-time or unskilled – many working people in the Federal Republic receive only a very low income, with which they can cover their everyday life in the rule almost. Because these consumers are usually unable to put aside and store a certain amount of money every day, unforeseen events can quickly cause a big leak in the household budget!
With larger purchases, such as an urgent repair or an important purchase, the necessary capital is often not available. In rare cases, consumers should resort to the financing of these purchases through the costly disposition credit – only if the balance of the current account is guaranteed within a very short time.
Direct credit institutions
In each case it is more favorable to refinance these expenditures via a deferred loan. However, due to low income, it is often very difficult for a mini-, part-time or unskilled person to get a loan from the house bank. Basically, a small income is usually not an exclusion criterion for lending – should the low-income have a flawless Credit bureau file, there is always the possibility to obtain a loan from the house bank even with low income.
Especially through direct credit institutions, which sell their money products exclusively over the net, these consumers have good prospects. With us you will find such banks and can carry out your online credit comparison here for free. Low-income consumers whose loan application is rejected by the bank despite a good Credit bureau file, have different ways to convince the bank of itself: One way to obtain a low-income loan, it is to give the house bank additional security.
A second borrower, who also has a clean Credit bureau record and a regular income, can borrow for low-income consumers. In addition, real estate, insurance or other assets can help convince banks to lend. If the principal bank refuses financing despite additional security, the borrower should endeavor to collect a smaller loan amount from the principal bank or repay the loan for a longer period.
In both cases, the monthly load is reduced by the repayment rate – for the house bank increases the security that the borrower can pay the due repayment amount monthly despite low revenues.