In some situations, it may be that short-term money is needed, for example to repair the required vehicle or a new car, although other loans already exist or there is a negative Credit Bureau information. In such cases, help is often not expected from the house bank, so good advice is expensive.
Cash despite Credit Bureau entry
Even if the house bank refuses to grant further loans and the financial possibilities seem exhausted, the head does not have to be put in the sand. Many online banks offer their help in these difficult situations for customers. A Credit Bureaufree cash advance is then a good solution. But here too there are some important tips and tricks to keep in mind so as not to fall for dubious offers.
If you are in a difficult financial situation and need cash at short notice, you should still keep a clear head and compare the offer well. A Credit Bureau-free cash loan sounds tempting, but there are considerable differences in the amount of interest. Online comparison portals offer a good overview of the available offers in this area. Under no circumstances should you jump straight to the first offer.
It doesn’t work without collateral
Even a Credit Bureau-free cash loan cannot be obtained without certain requirements from the banks. It is particularly important that there is a permanent job. If this is not the case, co-borrowers or a guarantee can help. If the job is open-ended, the bank needs a corresponding proof of salary and in many cases insists on a guarantee or a second applicant.
Banks are also required in some cases to provide security for the amount of the loan, such as a car or life insurance. Despite the sometimes somewhat cumbersome conditions, after all, the banks want to protect themselves as well as possible from a payment default, it is not impossible for people with possibly negative Credit Bureau information to obtain a cash loan.
Just don’t act rashly
As with all other banking transactions, the motto applies to a non-Credit Bureau-free cash loan, just do not act hastily. Even if the money is just so urgently needed. If you compare enough beforehand and study the conditions of the individual providers, you can save a lot of money.