Banks call a loan a loan if they guarantee the transfer of the desired and approved loan amount within two bank working days, the loan approval takes place a few minutes after filling out the loan application.
In short, as Credit bureau, consumers refer to the request before the loan is usually made to the credit protection association when lending, as well as the inclusion of an approved loan in the Credit bureau file. Citizens are unemployed if they work less than fifteen hours a week and are both able and willing to take up work.
Are there bank loans without Credit bureau?
Immediate loans without Credit bureau are generally not available for unemployed people at Swiss banks, as the financial institutions make increased demands on the minimum income of their borrowers to compensate for the impossible Credit bureau request. In many cases, instant loans without Credit bureau are not absolutely necessary for the unemployed, since many banks are able to take up a normal loan with Credit bureau request and Credit bureau entry with only a soft negative characteristic.
The unemployed increase their chances of successful borrowing by providing a guarantor or taking out the loan together with a co-applicant. The bank’s requirements for the co-borrower are not as extensive as the demands on a guarantor’s financial strength. The reason for this is that courts often declare a guarantee to be ineffective if the bank knew that the guarantor was overwhelmed by this obligation, or if it was hidden from it due to insufficient care in the credit check.
Advertising for loans
Many providers use it to pay out instant loans without Credit bureau to the unemployed. Many of these offers are reputable, but dubious lenders or credit intermediaries also use the interest of unemployed people in loans. The seriousness of a loan offer is easy to check: if the credit intermediary only charges a fee for successful loan applications, he acts in accordance with the applicable legal provisions and is reputable. Loans from a pawnshop are also instant loans for unemployed people without Credit bureau, in which the payment is usually made in cash at the pawnbroker’s cash desk.
A prerequisite for taking out a pledge is that the unemployed person has a pledge that is sufficiently valuable and, according to the lender, sufficiently marketable. For all instant loans, unemployed borrowers make sure that they can service the agreed loan installments on time so that they avoid costly interest on arrears. In many cases, interest-free instant loans without Credit bureau are not required for the unemployed, since the job center can also help with a loan. This applies to all urgently needed purchases as well as the costs of starting work; as such, the start of a part-time job that only reduces the need.