On January 3, 2020 by admin

During unemployment, financial shortages can quickly occur. During this time, money is traditionally quite scarce and many purchases cannot be postponed, since without them the daily routine would be hindered. So what to do if you are unemployed and need money? You have to go to a bank or other bank and ask for support.

It will not be easy

But it’s not that easy. Banks place very firm conditions on the granting of a loan. This includes, among other things, receiving a wage. This cannot be proven as an unemployed person. If it then adds that the Credit bureau has noted negative entries, it becomes even more complicated. Anyone looking for an instant loan for unemployed people without Credit bureau information must have good arguments to get the bank to accept a loan.

It can only be done with help

So it will not be avoided to get help from the ranks of family or friends. The bank will not be dissuaded from securing the instant loan for unemployed people without Credit bureau information with appropriate collateral. As an unemployed person with a negative Credit bureau, you cannot do this. So you have to look for a second borrower who applies for the instant loan for unemployed without Credit bureau information as an equal partner. It is important that the co-applicant has a fixed income from a fixed employment relationship. The self-employed, freelancers and pensioners are only partially suitable as co-applicants. Civil servants or public employees, on the other hand, are ideal.

With the security that a permanent position brings, the bank will now be much more benevolent towards the loan application. If the Credit bureau still fits, so that a good credit rating is achieved, there should be nothing standing in the way of the instant loan for unemployed people without Credit bureau – provided the loan amount matches the credit rating.

Tip: As an unemployed person, you should always think very carefully about whether a loan is really necessary. In such a situation, the future is usually still uncertain. It is not known how the financial situation will develop. In such a situation, an additional financial burden, which is a loan, can quickly lead to a debt trap. The decision on a loan should therefore be made carefully and with care.