Credit, despite a negative Credit Bureau and without upfront costs, is not an empty advertising promise. Seriously working intermediaries hardly incur any upfront costs, they do not issue expenses, but provide credit.
Nevertheless, your search shows how unsettled you are. Uncertainty and despair are the stepping stones on which the black sheep of the credit brokerage business travel. Stay confident. It is not the broker who decides whether you have the chance to get a loan despite Credit Bureau or not, but your receipts.
We have summarized what is important for you. At the very end, we are guaranteed to give you serious placement services despite a negative Credit Bureau.
Credit despite negative Credit Bureau without upfront costs – know rights
The loan, despite a negative Credit Bureau and without any upfront costs, is sought by people to whom regular loan offers are closed. They hope for the help of an intermediary to still be able to take out a loan. The rights and obligations arising from the agency contract should be read by everyone in the Civil Code.
It is not uncommon for the media to uncover scandals because prospective creditors made payments to which they were not obliged.
The agent has earned the commission if it is no longer possible to withdraw. This is when the loan is already in the account. Credit, despite negative Credit Bureau and without upfront costs, refers to §655d. This gives the agent the right to claim expenses in addition to the commission. With modern online brokerage, the costs that could actually arise are kept very low.
How much are expenses for online loan brokerage?
Large expenses usually do not arise when arranging loans online. Maybe a few euros for a phone call abroad and postage. The intermediary cannot prove any additional costs. For this reason, most reputable brokers completely waive the reimbursement of expenses.
If preliminary costs were set in advance, it would not be legal anyway. The advance payment would mean that the remuneration would be anticipated after 655c. In the law, however, payment is tied to preconditions that must be met before payment can be made. Getting prepaid is probably the oldest trick to defrauding prospective creditors.
* The statements made do not meet the quality of serious legal advice. They are solely the personal opinion of the team. For legal advice, please contact an approved lawyer.
Who is qualified for the loan despite Credit Bureau?
It is not only important to know what an intermediary can charge for the loan, despite the negative Credit Bureau and without any upfront costs. The nicest and most serious intermediary cannot help if you are not qualified to lend. Only a handful of real lenders are even willing to approve an adequate installment loan. The requirements for lending are very similar to regular loan offers.
An open-ended, unannounced employment contract outside of the trial period is required. How long someone has been employed by the employer varies between 6 months and 36 months. The labor income must show an attachable income component. Future income may not be ceded or attached.
It is also expected that the negative entry has been completed for at least 6 months. There must be no eV (affidavit) and no arrest warrant to surrender the eV or even bankruptcy proceedings. Credit, despite a negative Credit Bureau and without upfront costs, is also not approved if a borrower is over-indebted.
Individual case examination – chance not credit guarantee
The credit check of the individual case only means the chance to refute the bad future forecast by the negative Credit Bureau with supporting documents. Any discernible risk, chargebacks or payments to debt collection agencies means the loan is rejected. Across Europe, banks can only approve loans if they are safe according to human judgment.
Biggest risk – hopping from credit broker to credit broker
If a broker cannot broker a loan despite a negative Credit Bureau and without any upfront costs, maybe another can. This hope is at best “a bit naive”. All reputable brokers request practically the same funders. Dubious offers are not intended to provide credit. Loan advertising only serves as a lure to sell insurance, savings contracts and retirement plans.
All of these offers certainly do not need people who are looking for a loan despite a negative Credit Bureau. Every additional contract, from the fitness center to the mobile phone to insurance or the savings contract, reduces the credit opportunities. Every euro of available income is brought to refute the negative Credit Bureau!
It is a lie that a newly concluded capital investment could serve as security. Unless a borrower wants to wait 10 years with his loan, despite the negative Credit Bureau, without any upfront costs.
Serious credit brokerage – without tricks and ulterior motives
In spite of Credit Bureau, we recommend that you apply for a loan through Good Finance for your application for a serious loan. The credit portal arranges loans from private to private and to banks. Good Finance has the best reputation for serious credit brokerage, which is confirmed, among other things, by DIW Berlin (German Institute for Economic Research).
A also serious alternative, with somewhat more moderate application requirements for the loan, despite negative Credit Bureau with no upfront costs, would be Best Lender.