Loan seekers should not limit themselves to offers in Germany. You can also apply for a loan in Switzerland without Credit Bureau. It would be an opportunity to get a loan, especially for people who have poor creditworthiness or who do not want to burden their own Credit Bureau. But for this, conditions must also be met abroad so that a loan can be applied for in Switzerland without Credit Bureau.
Conditions of foreign banks
Banks do not work with Credit Bureau. This has the advantage for the customer that they can hide their bad creditworthiness and there is no entry in the Credit Bureau. However, this is not always an advantage for banks, because Credit Bureau provides information about the creditworthiness. As banks abroad cannot access them, they require other collateral that must be provided. One of the conditions that banks impose is that there is a fixed employment relationship when applying for a loan in Switzerland without Credit Bureau.
The income from this activity must be high enough to be attachable. If there is a credit default, the bank can apply for garnishment. In addition, the applicant must be at least 18 years old and be able to prove this with a copy of the ID. Furthermore, pay slips and a confirmation of registration are required so that the customer can prove to the bank that he lives in Germany.
Credit application process
First, the customer has to find a credit broker who works with foreign banks. If he immediately sends the above-mentioned documents and also gives information about how high the loan should be and how much he can repay in a month, then the application will be processed quickly. The bank sends the loan broker various loan offers so that the customer can choose the best one among several.
As soon as the contract is sent back signed by the loan in Switzerland without Credit Bureau, a binding contract is concluded. In this case, the credit intermediary charges a processing fee, which has been set in advance. The money will then be transferred to the account within a few days.