Loan Despite Negative Private Credit Entry – Apply Securely


In order to be able to claim a loan despite a negative private credit entry, one must be willing to accept a few detours for borrowing. Because the classic recording is unfortunately not possible with a negative private credit.

However, with a bit of customization and finding the right loan offer, much can be achieved.

For fast readers – explained briefly

  • Loans with negative private credit are always special loans, where the credit check is made without the private credit score
  • The loan approval is made only because it succeeds to refute the bad prognosis of the private credit
  • Apply for the individually matching loan offer, while the comparison calculator helps with
  • Please make your loan application – now without obligation
  • The software checks immediately and proposes you individually suitable loan offers

What is a negative private credit entry

What is a negative private credit entry

Loan despite negative private credit entry – find practical solutions

The private credit is a horror for many consumers. They see it as an obstacle, which proves to be quite high when a loan is to be concluded or contracts signed.

Because then the private credit is queried. And if negative results appear in this query, they can quickly lead to the rejection of the planned project.

Negative entries in private credit always indicate open liabilities that could not be serviced or can not be serviced. The expert therefore distinguishes between completed negative entries and open entries.

These are done when the debt has been repaid, but the entry still remains in the private credit. As a rule, this is only deleted 2 years after completion at the end of the year.

With a bankruptcy this is even 3 years to the end of the year. The entries are always pending, if the debt is still open.

For example, if loan installments are not paid or if insurance companies have reported outstanding contributions. Even open telephone bills can lead to negative entries in the private credit.

Many providers are there quite fast when reporting the outstanding liabilities to the private credit.

Loan despite negative private credit entry – the search

Loan despite negative private credit entry - the search

In Germany, banks only lend money if the borrower has a positive private credit. With a loan despite negative private credit entry this would not be the case.

The loan seeker therefore has the choice to apply for the loan despite negative private credit entry either with the help of a solvent second borrower or to search for borrowing for offers abroad. Both options allow borrowing and bring their very own benefits.

The payday loan

The payday loan

In the case of a payday loan, it is often Bank from Liechtenstein, which provides the required credit. If the borrower brings a fixed income with him, he can expect a maximum loan amount of 7500 euros.

The recording takes place via the Internet and the payment of the money to the account of the borrower. A guarantor does not have to be named.

However, a fixed residence and a German bank account must be presented for the fixed income. The private credit is not queried, an entry of the credit in the private credit is also not.

The second borrower in the borrowing

The second borrower in the borrowing

If the loan is taken despite negative private credit entry with the help of a solvent second borrower, regular loan offers can be used within Germany. Our loan calculator shows what they are.

The bank will query the private credit from both borrowers. Since a query is granted a positive, only the income and possibly other collateral must vote, so that borrowing can take place.

Which collateral may need to be named depends on the loan amount and the type of loan selected. The second borrower should be carefully selected.

He is liable as well as the actual borrower for the loan. A loan despite negative private credit entry should therefore only be taken if the repayment is secured.

Otherwise you bring a really uninvolved person into financial difficulties, which only wanted to help, so that the loan can be put into action.


Loan Despite Probationary Period and Permanent Employment

If you need a loan, you must always be able to meet the credit requirements of banks and financial service providers. A loan despite probationary period and permanent employment is only available to a few lenders.

If you are rejected by a bank, you can switch to credit marketplaces or credit agencies. Often, however, additional loan collateral can help to obtain credit.

Credit despite probationary period and permanent employment – bank

Credit despite probationary period and permanent employment - bank

Bank lending is often difficult for probationary workers. Nevertheless, a request can be profitable at the bank.

Credit despite probationary period and permanent employment

Many consumers have a good business relationship with their bank. Anyone wishing to take out a loan from their bank despite a probationary period and an open-ended employment relationship must arrange a consultation appointment with their clerk.

If the bank customer wants to take out a normal consumer credit, the clerk normally only needs a valid credit card. All other data needed for a loan is available on the bank’s computer.

After signing the private credit clause, information will be obtained. The private credit information should not contain any negative features due to the limited creditworthiness of the probationary period.

With a negative private credit information the loan will definitely be rejected. If the scoring of the private credit is sufficient, the credit rating is calculated.

Due to the probationary period, the bank is likely to need additional collateral. Since a decision can be made individually by the bank, a loan is quite possible.

Improvement of the credit rating – that’s what the bank sees it

Improvement of the credit rating - that

Consumers with a good credit rating and a positive private credit are among the popular clientele of most banks. If the requirements for a loan are not sufficient, there are often only two options.

Either the loan is rejected or the applicant can offer the bank additional collateral. For example, if the claimant has collateral security, fixed savings, precious metals, gold and silver coins, or real estate assets may be eligible.

If you can not offer this to your bank, you need personal security. This includes, for example, a liquid guarantor.

As a guarantor close friends, friends or family members can be named. The liquidity of the guarantor is intensively reviewed by the bank before admission.

If the liquidity of the guarantor is sufficient, the loan can be approved despite a probationary period and an open-ended employment relationship. At the same time a guarantee contract is set up.

As a result, the guarantor will normally be liable until the approved loan is fully paid.

Financial services from the internet – credit from an online bank

Financial services from the internet - credit from an online bank

The popularity of credit has grown rapidly in recent years. By now, every fourth loan comes from an online or direct bank.

Consumers benefit from the very favorable credit conditions for online loans. In addition, the loans can be conveniently applied from home.

For simple application on a PC or notebook, the banks provide a clearly arranged application form. Once the personal details have been entered into the form, the bank will collect an online information from the private credit.

If the private credit is negative, it will be canceled immediately. If the scoring for the desired loan is sufficient, a provisional commitment is made.

Since the applicant must state whether he is employed in a permanent employment relationship, there can be problems. A loan despite a probationary period and permanent employment is not approved by online and direct banks.

These banks only accept applicants who have very good credit requirements.

Restricted credit rating – Personal loans from credit marketplaces

Restricted credit rating - Personal loans from credit marketplaces

If a consumer is rejected by a conventional financial institution or an online and direct bank, credit from a credit marketplace can continue to help. A credit marketplace is an internet portal where private lenders and selected financial institutions provide installment loans to consumers.

These so-called personal loans are also offered at Creditend. Applicants receive installment loans of 1000 to 50,000 euros. The repayment term is selectable and can be between 12 and 144 months.

A loan despite a probationary period and permanent employment is generally possible in a credit marketplace. The credit rating can be improved with Creditend with a second applicant.

Special attention is paid to the private credit information. This information may not contain any hard negative features.

The hard negative features include, for example, arrest warrants, affidavits or a private bankruptcy. If these features are not included, the private credit information will be treated neutrally.

The application on a credit marketplace takes place online. The legitimacy of the applicant takes place with the videoident or the postident procedure.

Credit in difficult cases – reputable credit agencies offer loans

Credit in difficult cases - reputable credit agencies offer loans

Another possibility for a loan despite probationary period and permanent employment are provided by credit agencies. Credit agencies must have an authorization according to them for their activity.

This allows the financial service providers to broker loans from various banks. The cooperating banks come from Germany and abroad.

As a result, different loan models are possible. If a loan with private credit is applied for, a probationer loan scheme will certainly require additional collateral.

Collateral may be co-applicants or guarantors. Due to the probationary period, a loan brokerage can not arrange a loan without private credit.

One of the prerequisites for a private creditfreien credit includes a permanent employment. The application for a loan from a credit intermediary is made online.

If an installment loan is approved, the payment is made to the current account of the applicant.

Compare lenders with each other – save money

Compare lenders with each other - save money

A loan despite probationary period and permanent employment is available with many lenders only with additional collateral. To find the best offer from a financial services provider, a consumer needs to compare many loans.

This is necessary, since especially the installment loans of the credit agencies and credit marketplaces are often more expensive than the loan offers of the banks. The high cost of installment loans is due, because there is an increased credit risk for consumers.


Mortgage – Non-bank Mortgage Loans

A mortgage is an offer for people who are looking for a non-bank mortgage loan offer, in other words, debt is accepted in BIK databases as well as bailiff’s activities.

Not only banks specialize in granting loans against real estate, but also more and more companies from the non-banking sector (not to be confused with parabanks) are interested in entering this market. I wrote my time about the Crown Fund, today a company with a similar profile because it also specializes in non-bank mortgage loans – the Mortgage.

At the very beginning, a few words about the company itself – Hypocredit is a company registered in Krakow. The company commenced operations in 2014 and, as we can read in the KRS database, the main activity of the company is granting loans. At this point, I can specify that as of today, the company specializes only in providing non-bank loans for mortgages, ie loans that are secured by real estate. The company makes it possible to obtain high amounts of loans only to people who own property in the form of business premises, a building plot, a house or a flat. The payout time is usually 2 business days and the loan transfer takes place directly to the customer’s bank account.

Up to PLN 200,000.

Up to PLN 200,000.

Even this is what we can get as part of the offer of the Mortgage loan. However, the repayment period is relatively short because it can be 6, 12 or 18 months, with the possibility of extending up to 5 years. However, you must know that the longer the repayment period we decide, the more we will have to incur higher loan costs. It all depends, of course, on our individual loan repayment options, but the choice of the shortest repayment period will undoubtedly be the most advantageous for us. The amount of the loan depends mainly on the value of our real estate, in the amount not exceeding 50% of its value.

A mortgage and activity throughout Poland.

A mortgage and activity throughout Poland.

Although the company’s headquarters is in Krakow, it is possible to settle the formalities related to obtaining a loan throughout Poland. The company has its advisers in every major town, so in order to get the formalities in, we will not have to travel across Poland if, for example, we come from Pomerania. The offer is addressed both to individuals and companies that have headquarters or real estate in the following cities: Warsaw, Krakow, Wroclaw, Poznan, Gdansk, Sopot, Gdynia, Olsztyn, Torun, Rzeszów, Gliwice, Zakopane, Tychy, Bielsko-Biała, Szczecin, Lublin, Białystok, Katowice, Częstochowa, Sosnowiec, Kielce, Zabrze, Opole, Bydgoszcz, Zielona Góra or Łódź.

Debts in database and debt collectors.

Debts in database and debt collectors.

As I read on their website, the company provides help in various difficult situations also for people who have a negative history in databases and even in the case of bailiffs’ classes. Documents that are required to obtain a mortgage loan are the number of the land and mortgage register, the act of acquiring the real estate (decrease / contract of sale and purchase / donation agreement / other) and photographs of the real estate. No income certificates are required to obtain a loan.

Prejudice your questions regarding real estate rights, which is collateral for the loan. After signing the contract with the Loan, you will still own the property and you will have the right to use it as before. The real estate will be a collateral for the loan, i.e. it could become the property of the loan company only if the person who takes out the loan would not pay its liabilities, ie not repay the loan installments.


Help with payday loans debt consolidation -Start now to get payday loan debt consolidation

Start now to get payday loan debt consolidation

Wondering what is loan insurance ? How does this variant work? When it really comes in handy? You will learn about all these issues from today’s entry.

What is loan insurance?

What is loan insurance?

It should be noted that people who take out a variety of short-term credits and loans must take into account responsibility for a specific period of having a given obligation. At this time, they must systematically pay off installments. Some people are afraid that during this time they will lose their jobs or, for example, suffer an accident, etc. It is impossible to hide that in such a situation it will be much more difficult to pay the monthly installment. Fortunately, however, you can protect yourself against such an event… How? That’s what people who take out loan insurance are about. It should be added that this guarantees protection in the event of such unfortunate situations as loss of job, illness, death, etc.

How does it work in practice?

How does it work in practice?

If, for example, you came to a hospital and rehabilitation is expensive, you can get money from insurance. Thanks to this you will have the cash to pay off your debts. If you do not decide to do it then you have to deal with a very serious problem. The same is true if you lose your job. Of course, you must buy food, pay for children’s books, etc. Loan insurance, however, gives you the chance to pay off your debts at the bank. Thanks to this you will also be able to calmly look for a new job. How does it work in the event of the borrower’s death? In this situation, the interests of, for example, husband, children, etc. are secured. All because the loan insurance allows them to receive money to pay off the debts of the main borrower…

Therefore, it can not surprise anyone that there is no lack of people willing to provide such a service. It should be emphasized that banks offer such a variant. It is very helpful that you do not have to pay several transfers, etc. All because the loan insurance is simply added to the main installment amount. It is very important, however, to choose a loan insurance which guarantees the borrower the widest scope of protection. So if you have time then compare the available proposals in this area. Thanks to this, maybe you will benefit from this aspect in the future.


Instant Payday Loan – Credit with high acceptance rate


All credit inquiries you make with us, be it a normal instant payday loan or a payday loan without Private Credit, are always free and non-binding. What you can rely on:

  • favorable interest rates
  • guaranteed free of charge and without obligation
  • TÜV approved consulting process
  • high acceptance rate

We tailor a loan offer taking into account your financial situation at the most favorable interest rate. Even a bad Private Credit will not deter us.

So you get a payday loan even with negative Private Credit!

So you get a loan even with negative Private Credit!

If you have a negative rating or at least no flawless rating, ideally you should apply directly for a loan without Private Credit. For these loans, the query of Private Credit is completely waived.

Also, the credit is not noted in the Private Credit. In order to get a loan with negative Private Credit, you have to choose a suitable provider.

The provider should of course offer Private Credit-free loans. Matching providers can be found in the free and independent credit comparison of our compan. Here the offerers are listed, which issue also without inquiry of the Private Credit a credit. Of course, these loans are not free of the corresponding collateral that a borrower still has to meet.

Requirements for a payday loan without Private Credit

credit without

  • The minimum age is 18 years upon application
  • The maximum age is 75 years upon application
  • The borrower must have a permanent residence in Germany
  • A regular income (civil servants, pensioners, the self-employed, employees)

Even with a negative Private Credit the borrower must have an income for a Private Credit-free loan.

This circumstance can not be changed, after all, the monthly installments are paid via the income. A non-scholar loan can be applied for directly here if there is an income. Simply select the cheapest provider for your loan amount and term.

Afterwards you can fill in and submit the necessary loan application directly online. This will be processed immediately for you. So you have the opportunity to get a loan even with a negative Private Credit and a bad Private Credit rating.

Are payday loans without Private Credit also suitable for the self-employed?

Are loans without Private Credit also suitable for the self-employed?

Even self-employed people can apply for a loan without Private Credit. For self-employed people, the loan without asking the Private Credit even has other benefits. Banks ask the internal Private Credit rating, but also contribute new loans to the Private Credit. As a result, each new loan automatically deteriorates the valuation in the Private Credit, so that self-employed people can take out a loan without Private Credit.

This has the advantage that other loans do not have to suffer from a too low valuation at the Private Credit. With self-employed find suitable Private Credit-free loans, which are in their conditions very beneficial for borrowers. The favorable interest rates increase the profitability of the loan. Through flexible monthly installments and maturities, the amount of monthly installments can be adjusted to variable income of self-employed.

Self-employed persons quickly gain assurance and planning certainty through the rapid examination and approval of Private Credit-free loans. The waiver of the query of Private Credit usually also has a positive effect on the creditworthiness of the applicant. Self-employed can be ascribed a higher credit rating, which is advantageous because many freelancers and entrepreneurs have a variable income. Since the loan does not appear in the Private Credit, suppliers and business partners continue to receive a good rating as information.

A small example – the own car without Private Credit

A small example - the own car without Private Credit

The practical use of a payday loan without Private Credit should be explained using the example of your own car. If for different reasons a new car is bought, this is usually almost always financed by a loan. In particular, new cars now cost so much that they can hardly be paid at one go.

So, when a loan becomes due, people with a bad Private Credit rating should directly take out a non-scholar loan. When buying a car, there are two options. For example, to finance a simple used car over a conventional installment loan without Private Credit query. On the other hand, there are also Private Credit-free car loans, with the help of which the financing of a new car is possible. Which variant is chosen, depends primarily on the required loan amount.

A very cheap used car, which costs only a small four-digit amount or less, can be financed via a installment loan. Private Credit-free installment loans are free in their use, which is why a private car can be bought from the sum of money. As a rule, the bank tries to compensate for the missing security of the Private Credit query. For car financing, the vehicle registration remains mostly with the bank, until the loan has been fully reconciled – as additional security.

This is then handed over to the borrower and car owner at the last installment. An income is necessary for car loans without Private Credit.

A payday loan is also possible without asking the Private Credit, as long as the budding borrower has a sufficiently strong income. The online credit without Private Credit is available on the Internet at various providers, so that future borrowers can take advantage of the best Private Credit offer.


Payday Loans with immediate approval

Immediate loans give consumers peace of mind that they will receive the loan they are applying for. Usually, they will undergo an online check after completing the loan application. The applicant shall carefully consider what income it may take into account in determining its monthly income so that the bank does not subsequently withdraw the immediate promise. Instant loans are among the special benefits loans not every financial institution offers. On the other hand, various banks have specialized in simple lending with immediate decision.

The instant confirmation and the instant loan

Not all instant-lending loans are instant loans at the same time. With the latter, the lender guarantees a quick cash payment. For instant loans or loans with immediate payment, two to three bank working days between the sending of the application and the receipt of the loan amount are largely customary in the current account of the borrower. Instant loans are almost always associated with an immediate commitment, as such is indispensable for rapid application processing.On the other hand, an immediate loan commitment does not automatically mean that the bank will instruct the loan immediately. In most cases, consumers will be able to obtain loans with instant pledge and a standard payout period of one to two weeks. This applies to any purchase financing in which the purchase price can be paid after receipt of the invoice. The immediate credit commitment ensures that the purchaser has the required funds at the due date of the commercial invoice.An immediate payment of the desired loan amount is only necessary if the customer has to pay the planned purchase in cash. Since additional benefits are associated with increased interest rates and thus additional costs, loans with instant pledge and standard bank payout period are the cheaper option than instant loans.

The binding and provisional commitment

Most banks grant loans with immediate conditional reserve. They point out in their terms and conditions that the payment is made only if the data of the documents to be submitted match the details in the loan application. Conflicts due to deliberate misrepresentations are extremely rare. On the other hand, the fact that the bank calculates a lower income than the applicant is occasional. The reason for the difference in income determination is that, unlike consumers, financial institutions often do not count all available income as such.

To avoid misunderstandings, credit applicants with additional income carefully read all income calculation details before completing the loan application. The most common is the exclusive consideration of the labor income from the main activity. Few financial institutions also include ancillary earnings. There are also different calculation methods for applicants with monthly changing wages. The most common ones are the evaluation of the average earnings of the last three months and the consideration of the lowest earnings during this time.

In order for the financial institution to actually pay the amount after a non-binding immediate commitment, the customer must determine the monthly income specified in the application on the basis of the requirements. Loan offers with a binding immediate promise are predominantly to be found for low amounts. In most cases, lenders refrain from completely checking the income statement. This simplified procurement procedure does not exempt credit applicants from the obligation to correctly complete all the information in the application.

Most instant loan offerings are aimed at clients with good schufa, and a few banks and some credit intermediaries make it possible to take out loans without delay, even with a soft negative feature in the Schufa statement. The joint application by two persons is basically possible for loans with immediate promise, but is supported for this type of loan only by some banks.

Carry out a careful comparison of offers

The immediate loan commitment is an additional service provided by the bank compared to the traditional loan procurement procedure. If banks offer instant-lending and parallel bank lending, interest rates for the former are usually slightly higher than the lending rates for ordinary loans. This is understandable due to the additional performance of the fast lending decision desired by the applicant. In order to get the cheapest possible credit, consumers compare the interest and the terms of contract before submitting an application.In the search mask you can set that only loans with instant confirmation should be displayed. The most important selection criterion is the effective annual interest rate. Flexible repayment options, such as the occasional suspension of installments and the right to early loan repayments without offsetting prepayment interest, are a valuable asset over rigid conditions.It makes sense to accept a marginal interest premium for a loan with immediate approval and partially flexible repayment compared to the purely cheap but rigid offer.