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.