MonthMarch 2019

Loan Despite Unemployment and Private Credit Entry

Unemployed and apply for a loan? To put it briefly: A loan despite unemployment and private credit entry is not provided in the German banking system. Whoever is out of work, who has to show negative entries in the private credit directory, will not be able to get a loan either from the house bank or from another German bank. The solution: Simply apply for the loan in a non-German system – everything is simple, legal and serious.

Hurdles in the German credit check

Hurdles in the German credit check

If you have no income, you can not get a loan in the German banking system. This is based, on the one hand, on the risk of loan default for the bank, but also on the seizure limit, which must be observed by the banks. As a result, the bank has no options for recovering outstanding amounts or minimizing their default.

An exception to obtain a loan in the German banking system despite unemployment and private credit entry is the provision of a solvent or wealthy guarantor. He signs the guarantee contract, with which he is then fully liable for the loan amount – until the last euro is fixed. The guarantor is liable with all his future and future assets. It goes almost without saying that these requirements bring a guarantor into the realm of the impossible for most potential creditors.

Foreign lenders decide objectively

Foreign lenders decide objectively

However, an independent credit intermediary may also include foreign banks and lenders for lending to people with little or no income. This opens up completely new opportunities for the creditors and the credit despite unemployment and private credit entry comes by the introduction of non-German institutions within reach. Private and cross-border credit brokerage and lending is completely legal, serious and transparent. On a good customer service and long-term customer relationships and positive recommendations – is also placed in the private credit intermediary greatest value.

The optimal personal loan

The optimal personal loan

An online comparison on the Internet quickly reveals the available loan amounts and the terms of the ideal private loan agreements. From the offerings that can be clearly understood, it is possible to quickly determine the most suitable loan offer for one’s own purposes. On the website of the respective credit provider, the loan request can usually be made online immediately. This is usually confirmed within 24 hours. Thereafter, the contracts are signed and – depending on the agreement – the submission of original documents by post.

The personal loan granted by a foreign bank or a private lender can thus already be paid into the account within a few bank working days. Thus, everyone, even if it is very close, the opportunity to apply for a loan despite unemployment and private credit entry in a very discreet and serious way.

 

A loan up to 5000 PLN and PLN 100 as a gift – promotion

 

Two novelties today came to me from the Zaloan camp – the first is bonuses in the amount of PLN 100 for new borrowers, the second is an increase in the loan limit and a longer repayment period.

And the real rush of Christmas promotions began, which I particularly observe among non-bank lending companies. First MetLoan appeared with the option of winning a Ford KA , just a few days later Truloan took off with a Christmas competition with prizes and now another promotion by Zaloan.

In fact, I will write about two new things that appeared in the Zaloan offer at once. The first is the previously mentioned bonus in the form of PLN 100 for new customers. The second one is an increase in the limit of loans from PLN 3,000 to PLN 5,000. I will try to present both novelties briefly today.

PLN 100 as a gift

PLN 100 as a gift

 – here the topic concerns only new customers interested in the Zaloan loan who before 16/11/2015 did not apply for a Zaloan loan . The said PLN 100 can be obtained in the form of a Sodexo Christmas voucher, provided that we will be granted a Zaloan loan and we will not use the right to withdraw from the loan agreement and we will pay off the installments on time. You can read the full terms and conditions of the promotional campaign at the link below . The promotional campaign under which we have the opportunity to obtain a voucher for the loan will last until December 31, 2015.

A loan of up to PLN 5,000

A loan of up to PLN 5,000

 – on the occasion of the launch of the said promotion, Zaloan also decided to increase the maximum amount of loans that has been up to PLN 3,000 so far. Currently, the maximum amount is PLN 5,000 and the maximum repayment period has been extended from 12 to 24 months. Of course, taking such a loan amount will be quite expensive for our portfolio. In the case of higher amounts, it exceeds twice the amount of the borrowed amount.

At the end, it is worth noting that Zaloan offers up to PLN 5,000 loans with a short and long term. For a short time, of course, this is a payday with a repayment period of 15, 30 or 60 days. In the case of long-term loans, we can choose a repayment period from 6 to 24 months.

 

First minute to PLN 1,600 loan

The last company presented this month is the new Crediterio brand, offering popular payday loans up to PLN 1,600 for new customers and up to PLN 2,500 for regular customers.

Under the name Crediterio is another new brand that enters the domestic market of payday loans offering up to 1,600 zlotys as part of the first loan. It is not only a new brand, but also a new company taking steps in the loan market – Prosperial Sp. z o. o. with headquarters in Wroclaw.

The first loan of PLN 1,600 

The first loan of PLN 1,600 

people submitting their first loan application via Crediterio, have the option to apply for a loan of up to PLN 1,600. Unfortunately, the company did not follow a step imposed by other companies offering similar loans and did not introduce promotion for new customers who could get their first loan for free here. For this first loan as well as for the next one, we will have to pay the costs calculated by the calculator which is available on the main page of their website. With subsequent loans, we already have the option to apply for a slightly larger amount, not exceeding PLN 2,500. The repayment period of the Crediterio loan can be from 1 to 30 days.

Crediterio loan costs 

Crediterio loan costs 

costs do not go to the knees because compared to the cheapest offers available on the market, which are certainly Vivus loans or the recently described Miloan brand, the loan costs are slightly higher.

Who can get a loan at Crediterio?

Who can get a loan at Crediterio?

Such a possibility will be given to people who are already 22 years old and have no payment arrears reported to the Economic Information Bureaus. No additional documents are required to obtain a loan, except for data from an ID card. The process of applying for a loan is not complicated and is based on submitting an application online, confirming your identity and verifying your bank account (you can use the Instantor application without having to make a verification transfer). If we do not want to use this option, we can choose a standard verification option by making a transfer of PLN 1 from your bank account. After positive verification, the money is transferred directly to the borrower’s bank account.