Credit bureau has played a decisive role in lending for several decades. Anyone who had had negative Credit bureau information in the past often had to expect the loan application to be rejected. Today a negative Credit bureau is not necessarily a criterion that leads to the exclusion of credit. Today, borrowers can take out a loan without Credit bureau from the numerous commercial banks, savings banks and direct banks on the Internet.
Since the range of loans without Credit bureau has also increased significantly, borrowers can also benefit from low interest rates. Finding a loan without Credit bureau information with an attractive overall package is not necessarily difficult today, but if you want to permanently secure the best individual offer, you will be faced with a difficult task, without a comparison on the Internet it is almost impossible today to find the best one Get credit offer.
Find credit without Credit bureau information and proof of income with the best conditions
Most borrowers today place greater emphasis on low interest rates. Here it is essential to differentiate between target and effective interest. A low borrowing rate is fundamentally interesting, but the borrowing rate is only of limited significance.
If you want to permanently secure the individually cheapest offer, you should pay attention to the effective interest rate when comparing. In addition to the debit interest rate, the effective interest rate also includes all costs and risks associated with the borrower’s individual desired loan. For example, the term, loan amount and repayment are recorded in the effective interest rate, the same applies to the borrower’s creditworthiness and the application and provision costs.
Creditworthiness plays a particularly important role in a credit without Credit bureau information and proof of income, since the Credit bureau information is not used in the credit check, the borrower’s income plays a particularly important role. Choosing the right term and loan amount are no less important. If you want to secure a low effective interest rate permanently, you should definitely choose a short term and a low loan amount.
Low loan amounts and short terms are associated with a lower credit default risk and are therefore offered at a low interest rate. Borrowers with financial resources in particular should take the high liquidity burden into account with short terms.
Credit without Credit bureau information and proof of income can be applied for quickly
The online banks on the Internet now enable you to apply for a loan without Credit bureau information and proof of income within a few minutes. By not having to provide proof of income, the application process is “streamlined” again at a crucial point, so that the loan is available even faster.