Regardless of the credit rating, Credit Bureau has data entry for every consumer. Lightning loans despite negative Credit Bureau are often advertised on the Internet and sometimes in newspapers. The Credit Bureau entry is an important factor in the German banking industry when assessing the creditworthiness and credit limit and is therefore used for every loan application. A Lite Lender is also possible with Credit Bureau entry. Why do you need a lightning credit despite Credit Bureau?
Blind loan despite Credit Bureau
A lightning credit despite Credit Bureau is possible if the applicant’s earnings are above average. The Credit Bureau entry is an essential part of the credit assessment and credit limit in the banking industry in Germany and is therefore used for every loan application. In the Credit Bureau, a late payment or receivables from other loans could be included and thus reduce the internal ranking.
Therefore, many debtors decide to opt for a lender who does not check this Credit Bureau entry. This means that there are still opportunities for a loan, even if the fact that Credit Bureau does not carry out an examination does not necessarily have a favorable effect on the applicant’s credit limit.
Of course, the credit institutions are quite clear about why the debtors choose a non-performing financial loan. However, as the name suggests, a lightning credit is still possible despite Credit Bureau, even if Credit Bureau is checked as part of the loan application. The house bank can also overlook a positive Credit Bureau entry if the debtor’s entry is only slightly burdensome and the bank’s internal credit rating is therefore only slightly reduced.
In the credit comparison, service providers can be found who, on the one hand, have a higher acceptance and, on the other hand, also offer the chance of a lightning loan. The Lite Lender is characterized by a particularly quick processing of the loan application, and the amount of money, if the Lite Lender was approved despite Credit Bureau, is also transferred by express transfer.
A small negative mark in the Credit Bureau is by no means a broken leg for potential debtors, but a very bad Credit Bureau can still be refused despite a proper budget. A slightly negative Credit Bureau result in no way results in a rejection if the borrower in return has a very high net income from a fixed activity.
Ultimately, the individual case of the borrower is of course also decisive in the case of a lightning credit, which is why general information can never be given in advance.