Basics of financing despite Schufa
The financing despite Schufa has long been one of the options when it comes to financing furniture purchases that require financing despite Schufa.
An entry in the Schufa file can negatively affect your creditworthiness and cause banks to reject a conventional loan application. However, there are also providers who still make the disbursement of a loan possible for borrowers.
Schufa-free loans and the loan without Schufa, on the other hand, are loans that are not reported to Schufa and therefore do not generate an entry there. However, the loan amount for such loans is limited to a maximum of €7,500.
Schufa entries
Applying for financing of any kind in Germany is regularly synonymous with obtaining a bank reference. Every borrower is recorded with specialized credit reference agencies. Among other things, mobile phone contracts and the opening of a checking account are recorded and evaluated.
Larger negative entries include, for example, consumer insolvency or the sworn declaration (Eidesstattliche Versicherung). But payment reminders due to an outstanding mobile phone bill are also noted negatively.
The financing alternative
These negative entries usually result in the bank rejecting a loan application and generally mean that you have to consider the alternative financing despite Schufa. Financing despite Schufa is possible for you because the respective lenders place more value on you and your income than on your previous credit behavior.
For financing despite Schufa, Schufa-free loans are generally an option. The long-standing, experienced loan specialist MAXDA will arrange these for you in a serious and competent manner. As a borrower, you will always receive loans despite Schufa in accordance with your income situation or that of a provided guarantor, as well as on the basis of realizable and lienable assets.
How to apply for financing despite Schufa!
Financing despite Schufa is an alternative financing option for the case that, because of a negative entry and thus an unfavorable credit scoring, you no longer receive a normal installment loan.
In such a case, your loan application is usually rejected by a bank in Germany because the lender attests to you a negative credit rating. Nevertheless, loans despite Schufa are granted and successfully arranged by MAXDA as a loan broker in cooperation with other partner banks.
In the case of financing despite Schufa, lenders do consult certain credit reference agencies like Schufa, but they also consider additional information such as income as a basis for decision. Last but not least, loans despite poor creditworthiness are also possible thanks to cooperations with banks in Switzerland.
Applications for financing despite Schufa are processed very promptly and handled discreetly, so that you have the urgently needed money quickly available for your purposes.
