Many wishes can be realized through a loan. With the appropriate income and a good credit bureau, banks like to agree to a loan. Unfortunately, there are many citizens who have problems with their credit rating. As soon as a negative entry appears in the credit bureau, the banks refuse a loan. Those affected only have one more option to apply for a credit bureau-free loan.
The credit bureau-free loan from Liechtenstein and the loan with credit bureau – Where are the differences?
credit bureau-free loan from Liechtenstein and the loan with credit bureau – Where are the differences?” />
Creditworthiness and fixed income play a key role in lending. To get a loan, the loan seeker must have a permanent job in an unsigned position. Thereafter, the credit rating is checked. If there are no complaints, then the loan seeker gets the loan amount transferred to the account within a short time. If the loan is requested from the house bank or another branch bank, the money is ready immediately. When choosing the term, the customer is free to decide how many months he wants and can pay. First and foremost, the monthly repayment depends on the income. The higher these are, the higher the monthly rate can be. The credit is thus paid faster. This also affects the effective interest rate, because with a shorter term this is lower.
The non-lending loan from Liechtenstein sets other standards. The credit bureau is not checked. There is also no notification to the credit bureau.The advantage is that even people with a negative credit bureau can get this loan. But that does not mean that the bank in Liechtenstein waives collateral.
Where does a credit bureau-free loan from Liechtenstein come from and who can apply for it?
credit bureau-free loan from Liechtenstein come from and who can apply for it?” />
A credit bureau-free loan from Liechtenstein has its origins in Switzerland. Many consumers still know him as a “Swiss Credit”. Due to legal requirements, it is no longer allowed to distribute this in Germany. Now Sigma Bank in Liechtenstein is responsible for this. She has a license and a website. Interested parties can apply for a loan directly on their website if they fulfill the following conditions:
- a permanent job without notice for at least one year
- it can not be a temporary employment relationship
- The applicant must be at least 18 years old and live in Germany
- there may be no seizures
- The applicant may not be in private insolvency.
A credit bureau credit from Liechtenstein and the conditions for a commitment
The necessary net income depends on the number of children, if any are present in the household. In addition, the loan seeker must provide information on the monthly payment obligations. Likewise, the wage tax class must be communicated. Only with these data can a credit bureau-free loan from Liechtenstein be calculated correctly.
A total of three loan amounts are available: 3500, – USD, 5,000 USD and 7,500 USD. The term is always 40 months, regardless of the chosen loan amount. The term is already fixed at 40 months. This results in installments of 105 USD, 150 USD or 225 USD. The interest rate is around 11 percent. The credit bureau credit from Liechtenstein can be repaid early at any time. The loan amount can be used for any purpose. Therefore, rescheduling, for example, to compensate for the overdrawn current account, at any time.
Here are some examples of who is eligible for which loan amount:
In the income tax classes 1,2,4, and 6, a borrower can receive a sum of 3,500 USD, if the income is at least net 1,150 USD and no dependent persons live in the household. In wage tax classes 3 and 5, an income of at least $ 1,600 is expected. With dependent persons the expected net income increases.
With a loan of 5,000 USD, the bar is already higher. For wage tax classes 1, 2, 4 and 6, an income of net 1,600 USD is expected here without dependent persons. For tax classes 3 and 5, the expected income increases to 1,900 USD under the same conditions. As the examples show, a Liechtenstein free loan is also linked to conditions and not so easy to get.
A credit bureau-free loan from Liechtenstein with 7,500 USD is associated with an even higher net income. In the same circumstances, wage tax classes 1, 2, 4, and 6 are expected to have a net income of $ 1,800. A net income of 2,100 USD is expected for wage tax classes 3 and 5.
Apply for a credit bureau-free loan from Liechtenstein
credit bureau-free loan from Liechtenstein” />
A schail-free loan from Liechtenstein can be applied for directly from Sigma Bank in Liechtenstein. There are neither sales visits nor insurance coverage. There are no costs. The bank has a clear internet presence, so that even less experienced visitors are faced with no problems. As a rule, the bank issues a provisional acceptance or rejection. Only after the bank has received the necessary documents, the loan seeker gets a legally binding commitment.
On request, the loan amount can also be paid in cash. The usual form is the transfer. It can take up to seven days for the money to arrive in the account. But that also depends on the speed of the customers, because they have to provide evidence and send it to the bank.
What is the credit bureau?
The credit bureau, protection association for general credit protection, is a security instrument for banks and dealers. It stores data about each citizen via contact data, relocation data, loan agreements, leases, checking accounts, credit cards, current contracts and mail order accounts. In order to protect the affiliated members against a financial loss also negative characteristics are stored in the credit bureau. For example:
- pending claims, provided that they have been reminded
- Claims that have been confirmed by the court
- Submission of an affidavit
- Personal bankruptcies and other things more.
Even after settlement of a claim by payment, a completed note remains in the inventory of credit bureau, which will be deleted after three years. For consumers, negative entries have serious consequences. Loan requests are immediately rejected and installment payments are no longer possible. But the worst consequences can occur when looking for a place to live. Many landlords require a credit bureau information before issuing a lease. Quite often it happens that the intended tenant is rejected because of these entries by the landlord.
That’s why it’s so important to get in touch with creditors in a timely manner if you have financial difficulties. In most cases you can negotiate and agree on a different rate. Silence and poking your head in the sand is always difficult. The non-lending loan from Liechtenstein would have been unnecessary in many cases.
Beware of dubious providers
If a credit bureau-free loan from Liechtenstein is sought, contact with the bank can also be made through intermediaries. Here, caution is advised, because here are many who do not mean well with their customers. These are quick to expose. You demand advance payment, announce agent visits or want to sell insurance. Once the credit seekers encounter such ads, they should not respond.
Although this form of credit is the last hope for many consumers, it carries dangers when it comes to the wrong people. Fortunately, there are agents who work for the benefit of their customers. But it does not prevent anyone from applying for credit directly from Sigma Bank in Liechtenstein. She does not send a representative and sells her any insurance.
A credit bureau credit from Liechtenstein and the hedge
Many consumers may be surprised that even a bank is ready for a loan if the credit bureau is bad. This is primarily because this loan is well secured. Not only income plays an essential role, but a permanent employment relationship.
The reason is simple. A schail-free loan from Liechtenstein is secured by salary or salary. This is already ensured by the income floor. This is higher than the currently valid irretrievable income. If the borrower does not repay this loan without credit bureau, then this entitles the bank to attachment to the employer. Nevertheless, the bank must also comply with the statutory provisions of Germany. There are seizure freedoms, which also depend on the number of dependent persons. In the case of seizures, the debtor still has to be left so much money that he can make a living. For this reason, part of the income is seizure-proof. The employer may only transfer the part above the rate. How high this is can be found in the garnishment table. This is adjusted every two years. The next adaptation will take place in 2017.
Credit with credit bureau
A debt-free loan is not needed at all, if the credit rating is good. In this case, it does not matter if a bank or a dealer checks the credit bureau. With a good credit bureau practically all possibilities for a loan are open. The customer can choose the best bank and is also flexible in the repayment and at the term. It is all the more important not to let it get negative.
It should be borne in mind that although a credit bureau credit from Liechtenstein with a permanent employment is approved, but other things remain a failure. There is no credit card (only on a credit basis), no credit, just a checking account on a credit balance basis, no dispensing, no installment contracts, no mobile phone contracts and some telephone service providers also cause difficulties.
Almost every transaction checks the credit bureau. However, very few consumers are aware of this fact. A credit bureau-free loan from Liechtenstein is associated with high costs. Interest rates are in the double-digit range. There is no question of flexibility at all, because the non-lending credit from Liechtenstein does not allow any financial scope for repayment. Nevertheless, he undoubtedly has its advantages.
The credit bureau credit from Liechtenstein – The pros and cons
The advantages are obvious. Debtors get the very last chance to close a financial gap with this loan. He is credit bureaufrei and is not reported as such the credit bureau. However, if the customer does not pay, this will be reported to the credit bureau. If everything goes smoothly, a new non-loan credit from Liechtenstein can be applied for with a small residual sum. The old credit bureau-free loan from Liechtenstein will then be offset against the new loan. The remaining amount is paid out by the borrower. The purpose is available to every borrower.
The credit bureau-free loan from Liechtenstein has hardly any disadvantages. However, a few are included. The amount of the installments can not be chosen by the borrower. These are fixed. This also affects the term. The interest rates are high, as well as the requirements imposed on the borrower. The loan amount is limited, which is unattractive for some credit seekers.
The credit bureau credit from Liechtenstein is also interesting for other people
The credit is not only used by people who have a bad credit rating. There are also people who simply do not want this loan to be in the credit bureau. This could eventually lead to another loan request being answered negatively. Because this is not reported, you keep the credit bureau clean.
Likewise, in a community, it is a partner who desires Liechtenstein’s non-scholarly loan so that the partner does not learn about it. The bank is discreet and does not ask for the background. The advantage is therefore also that this credit bureau credit from Liechtenstein by the postman can be paid in cash.
Are there other alternatives than the credit bureau-free loan from Liechtenstein?
Not really. Sigma Bank is very active in this field. Although there are different advertising, but behind it are mostly intermediaries who do nothing else than to mediate a non-credit bureau credit from Liechtenstein. When it comes to low loan amounts, then credit calculators continue to help. Quickly find the appropriate provider. These have only mini loans in the program.
credit bureau-free loan from Liechtenstein – Is this legal?
Naturally. Sigma Bank owns the license and is therefore entitled to lend these loans to Germany. Unlike some other institutions, this bank has a website and is transparent. Everyone can obtain information before applying for a credit bureau-free loan from Liechtenstein.
How long is the processing time?
If the client sends the required documents to the bank immediately, it will take between five and seven days for the money to be transferred. A credit bureau-free loan from Liechtenstein is handled like any other loan. The documents are checked and only then does the bank make its decision. Those who make false statements in the application form fly up quickly.
Do you need a guarantor or co-applicant?
This loan is secured by the income of the borrower and does not need a guarantor or co-applicant. If the customer does not pay, the garnishment threatens the employer.