Month: March 2020

Instant credit without private credit checker – with 24 hours payment

private credit checker-free loans are among the most advertised loan offers. Credit brokers behind the ads do everything they can to attract attention. Some exaggerations are still acceptable, but the limit of good taste is often crossed. The advertising message – instant credit without private credit checker – with a 24-hour payment – contains two tangible advertising ducks.

First of all, there can be no instant credit without private credit checker. A real instant loan is always a loan with a good credit rating. The good creditworthiness allows the credit check in a simplified procedure. In the simplified credit check procedure, the creditworthiness is determined exclusively by the clean private credit checker and the good score. The procedure is of course not possible without private credit checker. The advertising for the “instant loan” is still forgivable. It can also happen quickly without private credit checker.

The more misleading claim is that a payment without private credit checker would be possible within 24 hours. Apart from a pawn shop, no commercial loan provider offers a loan payment “without private credit checker” in just 24 hours.

Who grants legal private credit checker-free loans?

As far as is known, Best credit company from Liechtenstein has been the only legal provider of private credit checker-free loans to Germany since 2010. The credit bank does not offer an instant loan or a loan payment within 24 hours of the application. Only the cash payment option is promised. According to the bank’s statements, there are no special regulations for credit intermediaries.

The question arises, what sense does it make to advertise an instant loan without private credit checker – with a 24-hour payment – if there is no such loan offer?

Unfair credit providers would be possible

The possible reasons for this can only be guessed at. It would be conceivable that the credit broker would not like to earn his money with the credit brokerage but with other commission transactions. Selling savings and insurance contracts “… to improve credit opportunities …” is particularly often the reason for advertising. In connection with an online loan application, a data trader could also try to get the data of people with private credit checker problems.

Scoring companies, which are increasingly taking over the credit check for online shops, are of course interested in legally obtained data records. The loan prospect automatically grants consent to the disclosure of the data at the end of the online application. Thanks to the online application, the unfair provider doesn’t even have to bother to enter the data himself. This is what the prospective customer does for him. The whole thing is not forbidden, hardly anyone reads the terms and conditions, the data sale could be approved without being noticed.

How long does it take to get paid?

Nobody can give a serious figure of how long it actually takes until a private credit checker-free loan actually arrives in the account. Only that an immediate loan without private credit checker, which can be paid out in 24 hours, is impossible. If customer voices are to be believed, then direct application is the guarantee for the fastest loan payment. The majority of the bank’s credit customers, who reported a short waiting period, made the application directly. According to the unconfirmed forums, the shortest stated waiting time until payment was made was seven working days. However, the longest waiting time in the same forum was six weeks.

Another indication speaks for the truthfulness of the information. A valid application can only be made by post. A letter from Germany to Liechtenstein takes at least two days, according to the Post. However, some forum participants also reported on letter delivery times of six working days. No matter which number is correct, an instant loan without private credit checker, which is paid out in 24 hours, is impossible in this way.

Conclusion instant loan without private credit checker

private credit checker-free loans cannot be checked using the simplified procedure, and the applicant’s creditworthiness requirements are missing. An almost instant loan without private credit checker is advertised by credit intermediaries. The detour via the intermediary is guaranteed not to save time.

As far as is known, the only legal credit provider, there are no special rules for borrowers who apply through an intermediary. The final exposure of the advertising duck is provided by letter mail. The application for an instant loan without private credit checker, which is paid out in 24 hours, needs at least 48 hours before it is received by the recipient. The 24 hour deadline then passed a long time ago.

The desire for a loan during the trial period can turn the loan search into a gauntlet run. With some background knowledge, unnecessary loan cancellations can be avoided. The amount illuminates options for the loan despite the trial period.

Loan in the probationary period

From the perspective of many people, the new job is a professional challenge and an opportunity for the future. The financial constraints of unemployment are finally a thing of the past. After a sometimes long period of refraining from consuming, the desire for a loan is understandable. With the new perspectives in the job, long-delayed investments can finally be tackled. Most have no worries about being able to repay the loan.

After just a few weeks in the company, the feeling grows that the requirements of the new job can be mastered safely. With a view to the first pay slip, a loan for the renovation or the necessary renewal of the vehicle would finally be possible. The rates appear to be affordable, and necessary investments should no longer have to wait. An opportunity for a normal loan is severely limited with the trial period.

The loan officer is unfortunately not allowed to fully share the euphoria about the new job. He must keep an eye on credit security. During the trial period, which usually lasts six months, the earned income cannot be classified as safe. Depending on the contract concluded, the termination of the employment relationship is possible without problems within 14 days.

When are there credit opportunities despite a trial period?

There are only a few promising credit options under your own steam. A loan can easily be granted after the trial period. If you don’t want to wait that long, you can ask a solvent guarantor for help. Ultimately, he bears the liability risk through the loan guarantee.

As an alternative to a guarantee, real assets can also make the credit risk acceptable for the financial institution. The assignment of a capital-forming life insurance policy can be used for many purposes. The loan request of many providers can now be fulfilled in the amount of the surrender value.

If it is only a matter of a smaller loan request, interim financing via the current account can be a way out. Giro overdrafts are easier to grant than an installment loan. With this credit option, however, the high overdraft interest should be considered. More than one interim financing may never take place through the overdraft facility. There is also a real risk of being terminated during the trial period. In this case, the self-established debt trap snaps shut.

Personal credit – a modern way out of the credit crunch

Help with finding a loan could be provided on a professional level by a loan broker. Unfortunately, this way out of the credit crunch is not necessarily cheap. Interest rate offers are often marked with risk premiums. The alternative through one of the portals for private lending could make more favorable conditions possible.

A loan during the trial period can come from private donors. The business with private lending is only comparable to a limited extent with commercial money lending. Investors’ credit decisions still have human traits. If the legal framework is complicated by bank regulations, the lender will be restricted in his decision.

Would you like to borrow money? Discover the 10 best sources of credit to fulfill your desires or to escape financial difficulties. You will also be presented with sources of money that you may not have thought of.

Lending money – covering individual financing needs

The borrowed money makes it possible to fulfill wishes that would not be or are difficult to afford from current income. Most can only afford a house because it was initially mortgaged. Even the chic fleet that parks in front of many front doors is only possible thanks to a loan.

Money is not only borrowed for large projects. Many a holiday tan – at the last minute price – is thanks to the overdraft facility. The offer could only be taken advantage of because the quick credit solution provided financial flexibility. Everyday life can also be made more pleasant if the solvency remains constant. Otherwise, especially at the end of the month, the shopping spree and even the Sunday roast would fall victim to the red pencil.

There are endless reasons for wanting to borrow money from time to time. However, the sources from which appropriate funding can come are limited. In addition, not everyone is able to access all types of financing. Borrowing money is always linked to personal creditworthiness.

10 sources of money at a glance:

Regular loan offers

• The house bank offers the overdraft facility and installment loans
• Direct banks primarily allow cheap installment loans and instant loans
• Mail order and department store loans finance purchasing

Establish quick liquidity

• Vexcash enables quick credit solutions for small credit needs
• The employer loan offers an interest-free way to borrow money
• Pawnbrokers lend money without Credit Bureau and without personal creditworthiness

Credit in difficult cases

• Credit intermediaries, such as LIte Lender, pave the way for special offers
• Friends and credit portals – like Capital Lender – make it possible to borrow money privately
• Credit without Credit Bureau (credit bank loan)
• A private foreign loan is also possible without Credit Bureau, but it is risky

Finance quickly and cheaply – address the right donors

Who is the right contact person for individual money needs depends on the creditworthiness, the financing amount and many other criteria. Loans that are particularly quickly available are often particularly expensive. The overdraft facility may serve as an example of how quickly expensive can often be. When balancing the dispos quickly, a regular credit facility offers a credit option that fully meets customer requirements.

Instant loans from a direct bank are easy to apply for. The financing offers can be found easily by comparing loans. It hardly takes more than five minutes to fill out an online application form. The credit institution’s examination program makes a preliminary decision in real time. The borrowed money is freely available. An incoming payment on the checking account can usually be expected within a week.

Despatch can be realized at mail order and department stores without having to take cash in hand. A mail order company finances the purchase. The advantage of borrowing money from mail order and department stores is the unproblematic handling and often low interest rates. In order to take advantage of the financing offers, only normal creditworthiness and a secure working income are required.

Fast liquidity – meet urgent money needs

It is not always crucial to take out an installment loan with low interest rates and a long repayment period. Often, an unexpectedly high bill goes beyond a family’s financial budget. The unexpected need for money could be repaid within a very short time, only now is it difficult to pay the bill.

With good and normal creditworthiness, the overdraft facility offers an expensive but convenient way out of the impending payment difficulty. However, if the overdraft limit has already been exhausted or the creditworthiness is poor, many find it difficult to meet the unexpected cash requirements. Borrowing money privately, tapping into sources of money among friends is difficult for most people. It is more than uncomfortable when close friends are asked about money.

In the event of a one-time emergency, for example the wallet is left at home, everyone is happy to help out. However, if money is borrowed more often, the friends quickly withdraw. Everyone plans with their own budget. Nobody wants to have to help others financially at all times. Refusing credit to friends is difficult. In order to avoid this situation, the contact often breaks off.

Vexcash’s loan offering reaches precisely this target group. Small sums can be borrowed quickly and easily. Vexcash offers with its offer to lend money, the optimal addition to the overdraft facility. If the credit rating is poor, the micro short-term loan can even be a good alternative to overdraft facility.

Installment loan – ways out of financing difficulties

A credit broker doesn’t lend money himself, and brokers don’t always have the best reputation. Nevertheless, the help of a reputable broker can make it easier to borrow money in difficult credit situations. Only the contacts of the intermediary to special providers enable an installment loan, even if there are no credit opportunities at the house bank. Established intermediaries, such as LIte Lender, can address around 20 possible sources of money, at home and abroad, to the financing request.

The best-known way to borrow money through an intermediary is Swiss credit or credit without Credit Bureau. It plays no role in the credit check. Proof of creditworthiness is provided via labor income and the public debt register.

Borrowing money is also possible privately without frightening your friends. Renowned credit portals, such as Capital Lender, make it easier to contact private investors. A private loan, applied for through a reputable credit portal, offers many advantages. It is not only Credit Bureau’s credit rating that decides whether to grant credit, private investors also lend their money to their own standards. It is possible to borrow money privately, even under difficult conditions, at market interest rates.