There are always reasons that make a loan necessary. Be it a spontaneous repair, medical bills or urgently needed purchases ensure a spontaneous and urgent need for capital.
However, an existing negative Credit bureau entry often prevents the receipt of a corresponding loan. It is almost impossible to get an instant loan from normal banks without Credit bureau information. But this is not a reason to waive the loan.
Loans from other European countries
Since Credit bureau is a purely German institution, only Best banks can access the information stored there or use this information when evaluating loan applications. Thanks to the lack of borders in Europe, everyone is free to find a bank abroad for their own credit.
As a rule, banks from Austria and Switzerland have proven their worth, since they also do their banking in German. So if you want to get an instant loan without Credit bureau information in these banks, you should at least not have to fear a language barrier.
Requirements for an instant loan without Credit bureau information
Of course, these banks also demand collateral from customers. The borrower should therefore be able to meet the customary bank criteria for a loan. This usually means that the borrower must have a permanent employment contract and can show some financial security. As a rule, these banks require the borrower to have a certain number of bank statements in order to be able to assess the borrower’s financial situation. However, if this data is in order and can convince the bank, there is nothing standing in the way of an instant loan without Credit bureau information.
Personal loans as an alternative solution
If the desired loan amount is not too high, besides the banks you can also look for private lenders who would grant such a loan. It is not the Credit bureauscore, but above all the personal reputation that is decisive, since you are usually looking for lenders from your own personal environment for this project.
Another advantage of such loans is, of course, that these loans are not entered in Credit bureau. This means that your own Credit bureau score is not negatively influenced by these loans, which is particularly important if your own Credit bureau entry is to be improved.