Credit rating information is not affected by unemployment because German credit security covers neither the profession nor employment status. Some private credit intermediaries require borrowers to provide positive credit rating information, competitors also accept credit customers with negative credit rating entries. Therefore, you should take a loan without credit rating information. As an unemployed person, you may still get a very small loan from a bank, but there can not be a credit rating entry for that. The bank, which is required by law to demand information from credit rating, will reject the loan, despite credit rating and the unemployed person as a result.
Loans without credit information for the unemployed
Lending without any form of grants for the unemployed, which is totally bad for a normal bank loan. As an unemployed person, you may still be able to get a very small loan from a house bank, but there can not be a credit rating entry for that. Why is my own creditworthiness not sufficient for a normal bank loan? A creation posting occurs when a current or older loan has not been serviced as agreed, ie the installment was not paid or not paid on time.
The lenders in, usually the banks, report the disruptions to the credit rating organization and the credit rating makes a corresponding note to the client. If this is now a loan application to another house bank, inquired the house bank at the credit rating after the previous problems on the basis of the so-called score values.
Therefore, they will be very careful in dealing with this client. The score determines the behavior of the house bank. You can also request this once a year from the credit rating. If you are looking for credits that do not provide employment information for the unemployed, you generally have not been able to settle the interest rates for an existing loan on time in the past.
In some cases it is possible to obtain loans for the unemployed without credit information.
It is intended that the pledger pays a sum of money for a valuable object and the consumer can later recover the object against reimbursement of the amount plus a processing fee. A proof of income or a look into the credit rating file is not necessary to the pledgor, for him only the object value of importance, which he must later sell or bid for in case of non-repayment by the owner in an emergency.
Another way to obtain a loan without credit for the unemployed is the further ordering of merchandise / articles via a credit at mail-order companies, eg if the machine fails. Possibly the buyer has paid his ordered goods for years in time, the mail order company will not stop delivering for unemployment benefit or negative credits abruptly.
Another way to get a loan without credit information for the unemployed, offers the brokering of personal loans on Internet platforms. Even private investors can lend to the unemployed or other people who are burdened by the creation, even if the risk of default here is higher. Loans without job information for the unemployed can also be realized by resorting to a guarantor.
If the borrower has difficulty in paying, that guarantor, such as a family member, must stand by his own name and assets. The lending rates should not be too high and the terms should not be too short. But also social agencies such as the Employment Agency loans without credit rating information for the unemployed are quite possible.
In the past, the unemployed were granted only household resources such as household appliances or furniture. This is no longer possible today; Now loans are granted by the employment offices, which have to be repaid in installments. This is also possible with the negative credit rating, the unemployment rate and the unemployment rate . In this case, a loan even requires the unemployment rate; the borrower must be registered with the Employment Agency or the employment office as a client and receive social benefits.
Credit rating entries are not checked, but only by companies.
Unfortunately, the reason for the loan is regulated so that only significant purchases that are necessary for the whole year are co-financed. You can also ask the Employment Agency if the office is rebooking an existing loan. Since loan interest rates have been falling significantly for years, it can be very beneficial for the unemployed to convert an existing loan into a new low-interest loan.
This lowers the monthly rate and the unemployed would then have more time each month. Therefore, getting jobless loans without job information is not easy.