The wish for a loan for self-employed persons without Credit Bureau can be fulfilled. Unfortunately, finding a loan is not always easy and risk-free. What the self-employed person should think about when looking for Credit Bureau-free credit solutions is discussed in this article.
Loan for self-employed without Credit Bureau – starting point
When looking for a loan, the self-employed always have to deal with special problems. Your income can be very high, but unfortunately it is not recognized. Even with a high income, there is always a need for credit that has to be financed somehow. Finding a loan is much more difficult once something has gone wrong. With a negative Credit Bureau entry, no matter how small, the serious loan search quickly becomes a problem. At the latest now the question arises: Can a serious loan for self-employed persons without Credit Bureau only come from the credit broker?
As a rule, there are also other options for realizing a financial crunch or a necessary investment, even without Credit Bureau. The business that is practiced naturally plays a special role as to which credit opportunities arise without Credit Bureau and without credit intermediaries. In the catering industry, for example, a brewery contract could be concluded. Along with the obligation to commit to a specific supplier, a loan is granted. The repayment is made by purchasing the goods at a higher price.
A freelance sales representative who wants to invest in his sample collection can obtain Credit Bureau-free financing of his business model in a very similar way. The collection is returned proportionately through the commission payments. Financing options of this type exist for almost every trade.
Loans without Credit Bureau for freelancers and the self-employed
In the case of a completed Credit Bureau entry, it is also not necessary to search for a loan without Credit Bureau. A loan despite bad credit can be made for self-employed people via one of the portals for private lending. If a Credit Bureau scoring value of H can be achieved, then all portals are even open. The credit attempt is free of charge, but can be successful.
Only when these possibilities have been exhausted is it advisable to struggle through the advertising offers of the credit intermediaries. In this case, unfortunately, not every advertisement that promises a loan actually targets the loan brokerage. The senses should be sharpened for pitfalls. A loan for self-employed without Credit Bureau is only granted under very limited conditions. The requirements are:
– A solvent guarantor or co-applicant secures the loan
– A high-quality, unencumbered property security is pledged.
– The following can serve as security: old-age provision or property ownership
If you do not meet at least one of the above requirements, but receive a loan offer, you should be careful.
Detect unfair loan offers without Credit Bureau
Unfair credit advertising is difficult to spot at first glance. Some of the dubious providers try their luck directly. You request a call back on a chargeable service number or hide payment agreements in the terms and conditions or the contract.
Others try to conclude commission transactions with insurance contracts, credit cards or savings contracts. If you are looking for a serious loan for self-employed persons without Credit Bureau, but receive such an offer, it is well advised to ask another provider.