Life is getting faster and more complicated. In addition, advertising increasingly gives us the impression that – to be able to keep up today – certain products and objects must be called one’s own. The car may come first, then chic home furnishings, computers, telephones, great clothes and accessories.
And if you want to be at the top of the wave of success, you have to go on vacation regularly. However, many people cannot afford this consumption at all, but still want to be able to keep up. The result of this are unpaid bills, which have a negative impact on Credit Bureau and thus on creditworthiness. This is particularly noticeable when you want to take out a loan and the bank rejects the application for these reasons. What do you do in such a case? And where can you get a Credit Bureau-free loan?
The options for Credit Bureau-free loans are numerous
If the Credit Bureau and the creditworthiness say quite clearly that a loan is actually not possible, then many consumers try to avoid these two “annoying” information by contacting private credit intermediaries. They like to promise that they can agree to Credit Bureau-free loans. But there is usually a long way between the promise and reality.
If you want to go this route as a consumer, then you should carefully consider in advance which provider you want to go with. It is good if you first listen around and follow a recommendation. In addition, you only wanted to get involved in private placement if you had exhausted all other options beforehand.
So you could try to use a second applicant to remove the bad credit rating and submit a loan application to a conventional bank. If this appears to be solvent enough and the loan amount is not too high, the bank may well agree to it.
In addition, you should clarify why the Credit Bureau and the credit rating is so bad and whether you are able to service a loan for this reason alone. You can borrow money quickly. But repayment is a process that can take many months or years. And that should never be forgotten.