In particular, unemployed people can quickly get into emergency situations where borrowing can be considered as essential. For example, if an important electrical appliance, such as the stove or the washing machine, has to be replaced due to a defect or if a new car is to be procured in order to obtain a new job. facenba.org for an assessment
But the new furniture, the announced family member or the long awaited renovation require financial flexibility. From their own resources, the necessary funds can often not be raised. An instant loan for unemployed persons without guarantors can provide the necessary cash in such cases.
Why an instant loan for unemployed without guarantors? Where are the advantages?
Unemployed people, who were already asking for loans at their own house bank or another bank, often learned that a worker-earning bond is needed for approval. But just such loans are associated with many disadvantages.
However, the responsibility that has to be taken on one side of the guarantor and on the other side of the borrower is of particular importance, because as soon as the borrower can no longer fulfill his payment obligations, the guarantor is liable with his income and assets and accordingly has to pay the repayment installments settle.
With an instant loan for unemployed persons without guarantors this danger can be bypassed. A huge relief on both sides. Apart from that, it is far from easy to find someone who voluntarily undertakes the guarantee of a loan for an unemployed person.
The instant loan for unemployed without guarantors, however, promises the rapid availability of cash, without someone else taking responsibility for it.
Which bank would engage in such a risk and grant an instant loan to unemployed people without guarantors?
Basically, there are different banks and credit institutions that are willing to take this risk. Prerequisite, however, is a faultless credit bureau information. In addition, the scope of an instant loan for unemployed persons without a guarantee is many times lower than for normal loans. It should also be mentioned that interest rates can be very high due to the lack of creditworthiness. The repayment installments, on the other hand, are usually kept very low in order not to burden the unemployed too much.
In addition to traditional banks, credit intermediaries can also get instant loans for unemployed people without guarantors. This is often a loan from a foreign bank. It is worth noting that in this way also people with negative credit bureau get the opportunity to cash, because foreign banks usually do not cooperate with the German credit bureau and therefore can not obtain information.
Requirements for obtaining an instant loan for unemployed persons without a guarantee
Although the immediate loan for unemployed without guarantors requires few formalities, there are some conditions that must be met. Thus, the borrower must necessarily prove a regular, monthly income. For example through notices about unemployment benefits, Hartz 4 or pensions. Child benefits or child support payments can not be included in the income. When applying for a German bank continues to apply that no debt may be present, which have already found their way into the credit bureau and there are registered as negative comments.