Loan without Credit bureau information for self-employed

Is there a credit without Credit bureau information that is available for the self-employed? Which credit bank grants Credit bureau-free loans, what should be considered for private foreign loans? We have put together all the important answers to these questions and further information for you.

Credit without Credit bureau information for the self-employed – problem case

Credit without Credit bureau information for the self-employed - problem case

Especially in self-employment it is important not to lose the good financial reputation. Finding a loan is difficult even with an impeccable Credit bureau and a thriving business. If Credit bureau is ruined, a loan without Credit bureau information for the self-employed appears to be the only option, serious loan offers are rare. Anyone looking for a serious – legal loan offer without Credit bureau will automatically come across Cream bank. As far as is known, this Liechtenstein bank is the only bank that can legally grant a Credit bureau-free loan to Germans.

All comprehensible, reputable loan offers from the credit brokerage also refer to this credit bank. The only problem is that a self-employed person does not get a loan from Liechtenstein. Only employees who are subject to social security contributions have the option of using such a loan without Credit bureau. The loan is secured exclusively by means of a transfer of salary for future work income.

There are no alternatives to securing loans, as are common for normal lending. The loan without Credit bureau secured by guarantors or property security does not exist as a legal bank loan. If you continue to search for the loan without Credit bureau information for the self-employed, everyone will involuntarily come across the private international loan. However, the websites are not comparable to a portal such as Fine Bank or Binary Lender. Direct contact to private donors is offered. Anonymous, discreet and free.

Private international loan – don’t underestimate the risk

Private international loan - don

You only have to pay for the publication of the credit request. Such an advertisement costs around 20 USD. It is neither limited in time nor influenced by the portal. It is even permitted to place the advertisement anonymously. An anonymous investor may also report to it. The portal only transmits the contact details. Businessmen make up everything else. It is precisely this anonymity that creates the horse’s foot. Unlike Fine Bank or Binary Lender, nobody checks their identities in the ID process in the event of a loan.

The first thought may not be so bad. If you lend your money, you will get in touch when you want it back. For good reason, legislators still prohibit lending without ID verification. It is easy to launder drug funds without an ID check. The system for this is about as old as the ban on monies of dubious origin. We are looking for a borrower who actually only needs to have a real account.

Most of the people in a credit crunch don’t care where the money comes from. They enjoy fair interest rates despite inadequate loan collateral. The real risk is not for the “apparently good faith” investor. In the worst case, it loses a few thousand USD. The risk is borne by the borrower. If the system is exposed, the trail of money ends with him. Deprivation of liberty for several years can be the sentence for the money laundering allowance. Not a good deal in return for a loan without Credit bureau information for the self-employed.

Alternatives without Credit bureau and without risk

Alternatives without Credit bureau and without risk

Without the ability to act, a reputable credit institution does not grant a Credit bureau-free loan to the self-employed, the hope for help from friends remains. A close confidant who is qualified for an ordinary loan or a loan without Credit bureau submits a loan application. If the money is approved, it is passed on to the actual borrower.

At many banks, “proxy loans” are generally prohibited. If you want to take the rules exactly, you can still apply for a loan at Good lender. The credit bank interprets the promised free availability of the loan very generously. On request, the telephone service explains that anyone can do what they want with their credit. The bank cannot influence whether the money is given away or lent further.

Conclusion:

Conclusion:

No foreign bank currently offers a secure and legal loan without Credit bureau information for the self-employed. The risk of contacting a private investor directly is extremely high. Without a neutral supervisory authority, there could be a money laundering charge at the end of the credit process. It is easier and legal to apply for the loan without Credit bureau information for the self-employed as a proxy loan instead of a guarantee.

Parental leave credit – these providers help despite parental leave.

Although young people are urgently needed, it is not exactly easier for young parents and families to get a loan if children live in the household.

Children burden the household budget, but child benefit and other wage replacement benefits, such as parental allowance, are not included in the attachable income. When it comes to a loan for young families, it doesn’t get any easier, because children living in the household tend to have a negative impact on creditworthiness.

Credit for families with children

Credit for families with children

In order to get a loan with children, you have to be able to prove a correspondingly high income.

Even if the state pays child benefit to parents and the child benefit for a child is almost USD 200, this does not change the situation because child benefit is not added to income. It is particularly difficult with a loan for single mothers, who often receive maintenance in addition to child benefit. The father’s maintenance payments for the child and mother are also not attachable income, so that a loan is often only granted if a solvent guarantee is included in the contract.

Large families, whose family budget is often not that bad due to child support, also have bad cards when they apply for a loan for large families. There is no family bonus. Large families can only get credit if they are economically efficient. Child benefit is not taken into account. However, the children in the household are counted towards the household bill. Loans for mothers and fathers are not so easy to get. A loan with child benefit as the only income is not possible at all. If young families want to take out a loan, they must be able to prove the corresponding amount of income.

Is there parental leave credit?

Is there parental leave credit?

Young families who have just had children are now much better off in terms of income than was the case a few years ago. Today there is parental allowance, which offers young parents financial compensation if they are temporarily out of work because they are dedicated to bringing up children. However, it is not easier to get credit on parental leave because parental allowance is not a attachable income.

It is only paid for a limited period of time and it is in the stars whether the mother or father will be fully employed again after parental leave. At least that’s how the banks see it when a loan with parental benefit is applied for. Young parents can only get a loan despite parental allowance if one of the parents can prove that they have a correspondingly high income.

When young parents already have ongoing loan commitments

When young parents already have ongoing loan commitments

The guidelines for lending are not so strict at banks for a reason. Time and again it is found that some young parents find it difficult to service their current loan despite parental leave. Installment deferrals or debt rescheduling are often applied to reduce the monthly charge. It is just the case that despite the state aid through parental allowance and child benefit, the monthly burden on a family with children increases and income actually decreases.

Credit during pregnancy

Credit during pregnancy

Today there is the Internet and if you apply for an online loan you will not be asked whether you are pregnant – not yet – you should say. If young pregnant women apply for a loan and have a clean Credit Bureau and can prove a regular income, they will also get the loan during pregnancy. You should only be aware that afterwards you must be able to service the loan every month. If you take out a loan during pregnancy, you should therefore calculate very precisely whether the installments can also be paid with a lower income. The same naturally applies to the period of maternity leave. If a loan is applied for despite maternity leave, there is no problem as long as a pay slip can be presented.

In principle, parents-to-be who are working are advised to plan exactly to what extent credit will still be needed in the near future. It can make sense to apply for a loan at this stage, because when the child is just born and proof of income can no longer be provided, it is much more difficult to obtain a loan.