With a bad Credit bureau, the dream of credit bursts very quickly. For the banks, an entry that is not so serious is sufficient to answer a loan request with a clear no. For those affected, this does not mean that they cannot get a small loan. It just doesn’t work through a bank, but through credit intermediaries. They have business relationships with other banks, so that a small loan is feasible despite poor credit.
Where do these loans come from?
In most cases, those affected get a small loan despite bad credit from Swiss banks or banks located in Germany, which have a good connection to the credit intermediaries. These banks do not see a negative Credit bureau entry as problematically as conventional banks. However, there is also an end here with attachments or affidavits.
An inquiry with such a financial service provider is free of charge. A commission for the credit broker only arises if the credit brokerage is successful. Corresponding financial service providers can be found on the search engines on the Internet.
Credit from private
A small loan despite poor Credit bureau can also be realized via the Centiloan portal. The applicant’s Credit bureau is checked, but the donors are private individuals who like to turn a blind eye. In contrast to the banks, the borrowers determine the interest rate. Those who have a bad Credit bureau usually offer a higher interest rate.
This interest rate is the profit margin for the investors and if the entries in the Credit bureau are not too negative, a loan is a lucrative business for them. If there should ever be a failure, a fund jumps in, into which every investor pays. Not only employed workers are welcome here, but also freelancers and the self-employed whose income is not always the same.