Explanation for credit without credit bureau:
Loans without credit bureau are also known as Swiss loans or as credit bureau-free loans. This is understood to mean the granting of a loan, ie credit despite a negative credit bureau, even if there is a negative credit bureau entry.
credit bureau is the protection association for general credit protection. It is a private credit agency that is supported by the lending industry. If a borrower does not meet his payment obligations with one of the affiliated companies, a negative entry is made in the credit bureau database and the consumer has considerable problems getting a loan, leasing contract or other payment agreement.
Our offer for credit without credit bureau applies here. These are processed through foreign banks, outside the sphere of activity of the German credit bureau. We also have the dein-kredit-ohne-credit bureau.de website. You can also apply for a loan without credit bureau here.
The loan amount for a loan without credit bureau has increased considerably in the past 20 years. Before the introduction of the USD in Germany, the payment amount for a loan without credit bureau was DM 4,500. With the introduction of the USD in 2002, the payment amount for the loan without credit bureau was increased to $ 2,425. On July 1, 2002, the loan without credit bureau came to the German market with a loan amount of $ 3,500.This payment amount is still valid today. However, another variant was introduced on January 1, 2012. Since this date, the loan without credit bureau has also been available with a loan amount of $ 5,000.However, somewhat stricter guidelines apply here for the granting of the loan. The customer must be employed by the current employer for at least 3 years, and as a single person he must earn at least 1,600 USD net.
NEW – SINCE July 1st, 2016
Since that date, the loan without credit bureau has also been available with a loan amount of $ 7,500.However, somewhat stricter guidelines apply here for the granting of the loan. Our trained staff will be happy to advise you on the possible loan amount after you have submitted your application.
The requirements for a loan without credit bureau are:
Since the bank does not query credit bureau for a loan without credit bureau, several key points are taken into account. You should check the following requirements so that we can help you get a loan without credit bureau.
- Lending is made to workers, civil servants, clerks and workers
- No lending without credit bureau to pensioners, the unemployed and the self-employed
- German nationality
- No existing garnishment or cession
- Minimum monthly income of 1,150 USD for single people
- Maximum age at lending 62 years
- Resident in Germany