It looks different if the Credit Bureau information contains negative entries, as does the lender for the loan despite negative Credit Bureau information. Who can make Credit Bureau entries or who can carry out Credit Bureau information? What effects does a negative credit rating have on my loan application?
Loans without Credit Bureau information
Since it is only the differentiating feature of a loan from Credit Bureau, a loan from Credit Bureau, as it says, “negative Credit Bureau” is still possible for a loan. Since bad Credit Bureau entries are often made debt-free, it is also important that under certain conditions (see below) online loans without Credit Bureau information are also granted.
Especially since the customer has a good opportunity to become an exemplary borrower. The granting of loans is a matter of course for the house bank. Any credit institution can reject an application for credit without giving a reason. â ?? If you want to avail yourself of a installment loan from banks, you have to put the Credit Bureau clause regularly in the lay value show. It authorizes the credit institutions to give insight into the Credit Bureau data in order to be able to better check the creditworthiness of the applicants.
In the information from Credit Bureau z. For example, refer to the number of loans taken up and their amount. In addition, credit institutions use this information to determine whether existing lines of credit are being properly repaid. If this is not the case, should the Credit Bureau information include a loan termination or the opening of bankruptcy proceedings, the creditors will no longer agree on a new loan.
Alternatively, the loan is possible with a negative Credit Bureau. This is an instant loan that is granted credit free. Providers for the credit with positive Credit Bureau are predominantly Swiss credit institutions that grant credit even without the Credit Bureau data. These loans are fundamentally without a specific purpose, so that they can be used almost anywhere.
The money can be used for new furniture, but also for a car purchase or the insurance of the next vacation. In order to reduce their risk, the loan is not granted in an unlimited amount in the case of negative Credit Bureau, as a rule, the maximum loan amount is $ 3500 – 4000.
How to apply for a loan with negative Credit Bureau
So both the interest rates and the loan interest are unchangeable, so that loan seekers have plan security. To apply for the loan with the negative Credit Bureau, some conditions should be met. On the one hand, it is important that applicants can show a monthly income in order to be able to use this to service the loan interest.
The loan with negative Credit Bureau can be applied for online directly for potential customers. Different credit mediators specializing in it enable applicants from the national IT. Under for, the documents required for credit processing (proof of income, possibly transcripts of bank statements) are then sent to the mediator by post, who then forwards them to the banks in question.
If the examination is positive, the requested loan can usually be paid out within a few days.