Normally, it is not easy to impossible to get a loan without the credit bureauauskunft for the unemployed. Because especially German banks are not ready to give a loan without credit bureauauskunft for unemployed.
What can one do in this situation, which alternatives remain?
For example, try a policy loan. It is not uncommon to find yourself in dire financial straits and thinking that you can solve your financial problems with a loan. But as soon as you already have a negative credit bureau entry or you are unemployed, you have a big problem, because for many German banks there is no credit without credit bureauauskunft for the unemployed. There are credit intermediaries who advertise with a credit bureaufreien credit, which forgive even in cases of hardship, but these offers are usually rather dubious and not recommended. An alternative would be the so-called Swiss credit, in which no credit bureau information is obtained and whose target group includes the unemployed. But with German banks applies that a loan without credit bureauauskunft is only awarded to those who are in a permanent position. Because income is the only security they can provide to get a loan.
What are policy loans?
A good and popular alternative to a loan without credit bureauauskunft for unemployed are the so-called policy loans. But you have to have a life and pension insurance, which already has a surrender value of more than 5,000 euros. Because then there is a chance that you can lend the insurance and you do not really debts, because you can indeed give an advance on the later disbursed money. Therefore, no proof of the applicant’s creditworthiness is required for policy loans. Therefore, you can get a loan without a credit bureau synonymous loan, even if you are not in a permanent employment. In this situation you also have the chance to get a loan, if you can name a guarantor who is solvent and fulfills certain conditions.
He must have a perfect credit rating and his income must be sufficient to pay the rates in case of doubt. Therefore, the guarantor may not have any negative credit bureau entries. But you can also provide other collateral such as a life insurance or jewelry and other valuables. Before deciding on a solution, you should inform yourself in advance precisely enough. Also you have to compare all offers for a loan without credit bureauauskunft for unemployed, so that you can find the best deal. Or you ask your friend or relative if you can borrow money from them.