Credit in very difficult cases – choose your credit broker

Those who are looking for a loan in very difficult cases have different options. Under no circumstances should he contact a German bank or savings bank, because a loan will only be granted if the borrower fulfills all the requirements. This includes not only a secure income, but also a positive Credit Bureau: If one of these two conditions is not met and there are other negative features, it can already be a loan in very difficult cases.

Private credit intermediaries

Private credit intermediaries

Many private credit intermediaries have been working in this area for years and have a very good overview of the national and international credit market. However, not all credit intermediaries are reputable. For this reason, it is advisable to take a closer look at the selection and in this context to make sure that the credit broker charges any fees after the order has been placed without having already acted accordingly.

In this case, it would be better to look for another alternative and choose a credit broker where the customer does not have to pay in advance. The fees that arise when brokering the loan and at a later point in time should be fully included in the APR.

personal loans

personal loans

If you are unsuccessful in finding a loan broker, you could contact a private individual and try to get a loan in very difficult cases. A friend, a good acquaintance or a relative often agrees to help out here. The credit terms and repayment modalities can be regulated individually. For example, if you have become unemployed and urgently need a loan, you could pay it back as soon as you find work again.

Hartz IV recipients do not meet the requirements to receive a normal installment loan from the bank. They often also have negative Credit Bureau entries, which does not exactly make things easier. For this reason, the employment agencies and job centers have created a way to get a loan in very difficult cases.

You act as a lender yourself and grant an interest-free loan on request, which must be repaid in monthly installments and can be withheld directly from the current monthly payment if necessary. The most important requirement, however, is that there is a valid reason for lending. The job center decides whether this is the case.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post

Borrow money despite job change

There are many reasons to change jobs. The main reasons are impending unemployment or a bad working atmosphere. But merging two households can make it necessary to change jobs. This

Credit without PostIdent – compare different loan

  With regard to borrowing, there has been a clear trend in recent years. More and more prospective creditors take out their desired loan via the Internet and no longer

How to repay borrowed money

Borrowings are credited to the account the same day if the documentation is complete. Most often, banks and other financial institutions only require a copy of their ID card and