In Germany, those with poor credit ratings have little chance of getting a loan from a bank. What applies to employees with a fixed income applies particularly to the self-employed who have to live with fluctuations in income. However, self-employed and freelance workers always need a loan, the solution to this is the Lite lender loan without a Credit bureau for the self-employed.
The Lite lender loan without Credit bureau information
With negative entries in the Credit bureau it is difficult to live as a borrower in this country. The banks usually refuse a loan directly when the loan request is made, and a correct loan application rarely occurs. And even then this is usually negative. Because for banks a negative Credit bureau in Germany means only one thing: they do not grant a loan, no matter where the entries come from and how high the actual monthly income is.
For such cases, the so-called Lite lender loan without Credit bureau information was developed many years ago. This means that the loan request is not made through a bank in Germany, but through a credit intermediary to banks abroad, which are usually based in Switzerland – which is why the loan without Credit bureau is often also referred to as a Lite lender loan.
Credit bureau-free loans for self-employed persons with proof of income
A Lite lender loan without Credit bureau for the self-employed is of course also possible, similar conditions apply to Credit bureau-free loans for employees. However, with such an instant loan without Credit bureau, it is often necessary to provide proof of independence over several years.
Sometimes this is only three years, sometimes five years, sometimes seven years. By the way, this point can also be used to compare the various credit intermediaries very well, since this is an important part of the credit inquiry for Credit bureau-free credit.
Self-employed people who have successfully pursued their freelance work for years with a similar or even increasing income will then have it easy, of course, since they have very good cards to obtain a Lite lender loan without a Credit bureau for self-employed people.