A cash loan is a loan that is not transferred to the account but is paid out in cash. The advantage of this is that it can be processed very quickly and the money is available to the creditor very quickly. If things have to go very quickly, the money is often even brought in by courier. However, if you have a negative Credit Bureau entry, you will also have problems here because the bank wants to protect itself and is very careful with people who have already been in default of payment.

Get a loan despite Credit Bureau entry

Get a loan despite Credit Bureau entry

Credit Bureau-free cash credit means that the bank neither obtains Credit Bureau information nor reports the loan to Credit Bureau. Credit Bureau information is always obtained from German banks and therefore a Credit Bureau-free cash credit is applied for at a bank in Switzerland or in Lichtenstein. However, the amount of the loan is limited to $ 3500 or 5000. The amount depends on how long the borrower has been with his current employee. The lower sum requires a period of employment of 12 months, the higher of 36 months. Without a fixed income that must not fall below certain limits, a Credit Bureaufree cash advance is not possible.

Compare the different providers

Compare the different providers

A bank credit free of charge is offered by many banks and credit intermediaries on the Internet. At first glance, the offers are all very similar, but if you take a closer look, you will recognize differences. It is worth studying the conditions before signing the contract, because a few percent more or less make a lot of money. Forums where the loan seeker can view the experiences of other borrowers can also be useful.

If you have chosen an institute, you have to fill out the forms conscientiously, because if you make a mistake here, you have to ask again what is delaying the payment of the loan. A Credit Bureau-free cash loan is usually paid out by the post. The borrower goes to the post office with his ID and receives his money there.

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