Are you looking for a loan without a Credit Bureau Score? Then we have put together the necessary information for you that will not make the Credit Bureau Score a credit obstacle.
Credit without Credit Bureau Score – problem
The world has become predictable through complex computer analysis. The score that the computers calculate for each individual increasingly determines the creditworthiness. It would be possible to prohibit Credit Bureau and the other score providers from storing and processing the data. In the result, no score would be recorded. However, the credit opportunities without agreeing to the Credit Bureau clause are zero within the ordinary credit system.
Only a very limited number of loan providers give you the chance to get a loan without a Credit Bureau Score. One such option would be a loan from private investors through Smava or Auxmoney. Nobody is obliged to activate the offered free certificates. If credit security can also be proven without the Credit Bureau certificate, there is a good chance that there will also be bidders for the loan request. Pledging the vehicle provides an alternative way of proving the security of the loan.
Foreign credit without a Credit Bureau Score
A loan without Credit Bureau, as advertised by credit intermediaries, is a loan without a Credit Bureau Score. Credit Bureau is completely excluded from the credit rating. Not even an approved loan is reported to Credit Bureau, provided there are no repayment problems.
A Swiss credit without a score can only be applied for in the amount of 3,500 USD or 5,000 USD. A Liechtenstein credit bank is behind most of the advertising of the credit brokerage companies. If you apply directly, a loan without Credit Bureau from Liechtenstein costs 11.62 percent for a loan amount of $ 3,500 and an effective annual interest rate of $ 5,000.
Alternative credit options – small loan requests
The pawn shop offers a very simple alternative to keep Credit Bureau out of the credit business. Neither the income nor the personal creditworthiness of the borrower play a role in the loan from the pawnbroker.
The loan without a Credit Bureau Score from the pawnshop is only secured through the pawn. The loan is paid out in cash at the cash desk immediately after the contract is signed.