Guarantors can be the last lifeline in a credit crunch. A loan despite negative credit bureau with guarantors for private borrowers is still not offered. The article provides more information on the topic.
Credit despite negative credit bureau with guarantors – private donors
In the case of difficult financing despite credit bureau or even without credit bureau information, two solution options are always mentioned. On the one hand, the help of a credit intermediary could be used. He usually tries to get a foreign loan or Swiss loan without credit bureau. The second alternative is “despite credit bureau” the credit option from private donors.
The best credit opportunities are of course only available on portals that are used briskly. However, the two market leaders – Agree Bank and Best bank lender – do not offer a loan option in connection with a guarantee. There is only the possibility of a co-applicant, called “community loan” at Best bank lender.
In addition, despite credit bureau, a loan from private is not possible without restrictions. Agree Bank requires a mediocre credit bureau score. Best bank lender is much more precise. Anyone who cannot demonstrate at least a scoring value of H will not be admitted.
Foreign credit without credit bureau – with guarantors?
A loan despite a negative credit bureau with guarantors is not provided for in the concept of loan offers without credit bureau. Anyone who studies the numerous statements and advertisements about financing options without credit bureau will always find the possibility of a guarantee. It is not a lie. There is a credit option that enables self-employed people to get a loan without credit bureau. It is a business investment. Only for this special case is credit bureau-free financing in combination with property security or sureties currently being offered. The financing model works in accordance with Sharia law and is a kind of partnership.
Private individuals currently only have the option of making a legal loan application to a single commercial lender. In the past, until 2009 it was different. Without credit bureau, a financing offer could be made from different parts of Europe and also from Switzerland. Since the end of 2010, only nice credit company has been offering legal financing as a foreign bank for credit customers from Germany. The offer is aimed exclusively at private customers who have an unlimited employment relationship.
All serious – legal credit offers without credit bureau in the present, as of 07.10.2013, refer to this offer. This offer is not designed as a loan despite a negative credit bureau with guarantors. It can only be applied for without a guarantor, and can only be secured through the income from work.
Food for thought about a possible source of funding
Offering yourself as a co-applicant or guarantor for a loan despite credit bureau requires a high level of trust in the borrower. Anyone who has a negative credit bureau and can not get on without a guarantor is rarely rated as a credit risk for no reason. In an emergency, the creditor can hardly assert his claims. The guarantor or co-applicant is solely responsible for the loan.
Instead of looking for a loan with guarantors despite a negative credit bureau, the guarantor could make a normal loan application alone. He simply lends the money on. This also allows you to find a cheap loan that does not have the horror interest of a risk loan. – Read credit conditions beforehand, lending on is not always allowed.