You get a Credit Bureau entry very quickly today. All you need is an unpaid invoice and a Credit Bureau entry already exists. First of all, many consumers do not notice it, only when a loan is to be taken out do many banks cause problems. The banks do not always refuse the loan immediately, but at least the case is carefully examined. Customers who want an instant loan despite Credit Bureau generally do not get it in the desired time.
Despite Credit Bureau, there is an instant loan abroad
Credit Bureau is a German institution and anyone who takes out a loan in Germany will be listed there. Likewise, an entry is made for any payment obligations that the citizen has failed to meet on time. However, anyone who takes out a loan from abroad will neither get an entry at Credit Bureau nor be asked there. However, these banks also want to protect themselves. If you want an instant loan despite Credit Bureau, you must meet these criteria and provide proof as soon as possible. If all evidence is available, the loan will be approved and paid out immediately.
The most important requirement is a permanent job. If you are a student, unemployed or self-employed, you have to look for another option, because you cannot get an instant loan despite Credit Bureau here. In addition, the job must have existed for at least one year and earnings must not be less than 1130 USD (for single people). Another limitation is the amount paid out, because more than 3500 USD are rare. This amount must then be repaid in 40 monthly installments.
Of course, you cannot make big leaps with this amount, but as an initial bridging this instant credit is quite sufficient. So that the word instant loan is not just on paper, all documents must be submitted together with the loan application. Then the application is accepted and the money is paid out.
The banks also give a loan despite Credit Bureau
You can apply for an instant loan in spite of Credit Bureau at a normal bank, but the borrower should not take the word instant loan here too seriously. In any case, a check of the data is requested from Credit Bureau. With his signature, the borrower gives his consent. Anyone who refuses to sign will certainly not get a loan. The request to Credit Bureau is very quick. Some banks take this very carefully and if there is a negative Credit Bureau entry, whether it is done or not, then the application is immediately rejected.
Other banks take a look at the individual case. Which banks are not so precise at Credit Bureau can be found out through forums. Here, former and current borrowers post their experience with the bank and whoever has roughly the same situation and has been accepted by the bank can assume that the bank will make the same decision next time. Forums provide help, of course there is no guarantee that the loan will be approved. It is definitely worth trying to get an instant loan in this way despite Credit Bureau.
If the bank says no and a Credit Bureau-free loan from Switzerland or Liechtenstein is out of the question, there is still the possibility that a guarantor will be used. The bank must agree to this and it should not necessarily be the spouse or mother who guarantees. Such a guarantor could be regarded by the court as immoral and the bank therefore often rejects such a guarantor.
Just ask a friend about a loan
This method is as old as the loan itself. You just ask a neighbor about a loan and if he has money and likes to give it some time, then you can also speak of an instant loan without Credit Bureau, because a good friend who helps you with money rarely gets at Credit Bureau to ask. However, not everyone has a friend who is willing to lend him money.
There are also portals on the Internet where lenders and loan seekers meet and can negotiate the terms of the loan relatively freely. Here the topic of interest and Credit Bureau is definitely an issue. A borrower who has had problems with Credit Bureau in the past only has a loan if he makes his situation clear and does not gloss over anything. Anyone who lends their money here naturally wants it back, so they will inquire carefully. Personal contact is important here. A borrower that many banks have declined can still get a loan here.