Loan is successfully brokered
A loan without private credit checker and guarantors will not exist at German banks. The guidelines on lending stipulate that private credit checker information must be obtained. You can only get a loan without private credit checker and a guarantee from a foreign bank. However, a certain credit rating must also be provided there.
This means that a private credit checker-free loan with a guarantor is usually only given to a borrower who has sufficient income that results from permanent employment. The borrower may neither be in the trial period, work for a temporary employment agency, nor have a temporary employment contract.
Credit without private credit checker and guarantors from Switzerland
The hurdles for loans without private credit checker and guarantors are therefore relatively high. To take them, as a loan applicant you need an employment relationship that has existed for a long time. Why this is the case is self-explanatory. If the bank grants a loan with a guarantor, it needs other forms of collateral and in these cases this is earned income. Another thing is that it can happen to a borrower in permanent employment that he loses his job.
But at the time of lending, he has to meet the conditions of the lending bank, otherwise it will be nothing with the loan without private credit checker and guarantors. To get such a loan, the loan applicant must contact a credit broker. There are a number of them that operate on the market. Capital Credit, for example, is a company with years of experience in loan brokerage and high approval rates. There is serious work involved in applying for a loan without private credit checker and guarantors. A commission is only due if the loan is successfully brokered.
For a loan without private credit checker, other premises have to be met. Anyone who cannot or does not want to provide a surety must accept that such loans are only granted if the bank has income as collateral and can pledge it in an emergency.