The house bank is not always visited to apply for a loan. Many deliberately avoid these banks because they are often checked by Credit Bureau or have poor credit ratings. Some go across the borders of Germany and look for a Good Lender loan abroad. this is usually given to all solvent customers. However, exceptions are made, especially if the bank’s criteria cannot be met.
Information about Good Lender credit
Many are not familiar with Good Lender credit and have to find out enough beforehand. A Good Lender loan is only granted abroad. This has the advantage that the customer is not checked for creditworthiness with the help of Credit Bureau. So if you already have a lot of entries in the Credit Bureau, you will often not get a loan from German banks, but you will get it abroad.
The application is made through a credit intermediary or the applicant personally introduces himself to the bank of his choice. A credit broker can be found on the Internet, who initiates all the necessary steps for a fee and provides advice. The Good Lender loan is always paid out to the borrower’s postal or checking account. As a rule, the payment takes only a few days from the time the loan is taken out.
Proof of salary required?
Anyone who requests a Good Lender loan without proof of salary will be faced with closed doors. Since foreign banks do not work with Credit Bureau and can therefore only check the creditworthiness of the customer with the salary, no Good Lender loan is issued without proof of salary.
The bank abroad wants to be sure that the customer can repay the loan. However, this is not possible if no proof of salary is submitted. the bank will then not be able to check the creditworthiness and will therefore not issue a Good Lender loan without proof of salary. In other words, those who cannot prove a salary say that they have no work at all and therefore have no money at their disposal that they can use for repayment.
Anyone who fails to apply for the Good Lender loan without proof of salary should look for alternatives. Since there is also no credit at German banks without proof of salary, the alternatives are almost zero. You can try to get a personal loan. The offers from the Internet can be excluded because a salary must also be proven here. So only the way remains through family or friends. These will not require proof of salary and will lend money even without this proof.
A Good Lender loan without proof of salary is the last chance for many to get a loan at all, but it is not granted. Therefore, the family is the only chance for many in this hopeless situation to borrow money. However, this has the advantage that family members and friends do not charge interest for lending money. This makes this personal loan very cheap, because you only have to pay back the amount that was borrowed.
Thus, the financial situation can relax a little, because even small amounts can be used to pay bills. When paying back, care should be taken to ensure that the monthly installments are not set too high. Anyone who gets into difficulties with the repayment at the end of the month will continue to fall into debt trap.