MAXDA is one of the few established loan brokers in the German market that also offer a loan despite a Schufa entry. A loan despite a Schufa entry is also referred to as a Schufa-free loan or as a Swiss loan, because it is predominantly banks from Switzerland that issue these loans.
A loan despite Schufa is suitable for borrowers who either do not want their financing recorded with Schufa or for applicants who would not receive a loan from a German bank due to negative entries in Schufa. For this clientele, a Swiss loan is often the ideal solution to still obtain financing on favourable terms.
So what should you pay attention to with a loan despite Schufa, and what services does MAXDA offer for a loan despite Schufa? Is there a difference to an instant loan despite Schufa and can a car loan despite Schufa be obtained? MAXDA explains:
Negative Schufa entries: A loan despite Schufa as an alternative
If it is not a loan despite Schufa, every financing in Germany is recorded with Schufa regardless of the amount. As a result, credit-relevant information of any kind about an applicant is stored in Schufa.
Ongoing loans and advances, account openings, overdrafts, car loans, credit card agreements and vehicle leasing contracts are just some of the entries you will find in Schufa. These entries have little impact on the assessment of creditworthiness as long as all payments are made regularly.
With both a loan despite Schufa and conventional loans that query Schufa, these data cannot be counted as an advantage. It is different when a negative entry exists in Schufa due to payment bottlenecks and outstanding obligations.
Negative Schufa entries can be unpaid and dunned telephone bills, an open balance from a closed account, and also far more serious incidents such as a legally binding dunning or enforcement order or an affidavit. An existing loan despite Schufa, however, will logically not be listed.
What happens with an overly negative Schufa?
Such negative entries are regularly a clear sign that the person affected is in financial difficulties that no longer allow them to meet all payment obligations according to the contract.
Such an applicant will usually not receive a loan from a German bank, as the risk is considered too high that the loan contract will not be fulfilled. One then speaks of a borrower with relatively weak creditworthiness; the ability to repay the financing on time appears limited. Here a loan despite Schufa in the case of an overly negative Schufa can be a sensible alternative.
Reasons to consider a loan despite Schufa
Every borrower in Germany must present a Schufa report when applying for financing. If this Schufa report points to negative entries, the loan application is usually rejected.
To the bank, the borrower then often does not appear solvent enough to take on an additional payment obligation. In this situation, a loan despite Schufa may be an option.
But it does not always have to be a negative Schufa entry that leads to a Swiss loan. Sometimes you only need a small sum of money to bridge a temporary financing gap. Such a loan does not have to be disproportionately large and can be repaid within a few months.
In this situation, it can also make sense to take out a loan despite Schufa. This financing is not recorded in Schufa; the borrower's creditworthiness and Schufa score remain unaffected by the new loan despite Schufa. This can be particularly useful for short-term financings that only run for a few months.
Thus the reasons to consider a loan despite Schufa can on the one hand be based on a negative Schufa entry and thus a weak credit assessment, but they can also be based on the small amount of a loan despite Schufa that can be repaid quickly. Regularly, the question then arises where and how to find a loan despite Schufa.
Loans despite Schufa usually come from abroad
A German bank regularly rejects a loan despite Schufa. For the borrower, the way forward is therefore often to the neighbouring European countries. Above all, Switzerland has been regarded for many years as a very competent and reputable financial centre for loans despite Schufa; the banks located there do not base their loans on a German Schufa report.
As positive as this solution for the borrower is, the question arises how to handle the entire negotiation, comparison of terms and contract conclusion with a bank in Switzerland when looking for a loan despite Schufa.
That this process does not have to be more complicated or time-consuming for a German applicant than concluding a contract with a German bank has been impressively demonstrated by the loan broker MAXDA for many years, with great success.
MAXDA helps you get a loan despite Schufa
Quick and easy: Immediately to an affordable loan despite Schufa
The entire contract processing at MAXDA for a Swiss loan despite Schufa also proceeds quickly within a few working days. The loan brokerage is available 365 days a year around the clock, so that every request is processed in the shortest possible time.
Customer support is available even on public holidays and at weekends, so incoming loan enquiries for a loan despite Schufa are handled promptly at any time.
How fast the MAXDA instant loan is
A loan request for the instant loan despite Schufa at MAXDA is made exclusively online. With just a few entries, the broker identifies the most favourable provider with the best terms. An instant loan despite a Schufa entry is no exception here.
Every loan enquiry is absolutely free and without obligation; the borrower incurs no upfront costs or brokerage fees for processing their request for an instant loan despite Schufa.
Until the loan contract is signed, the borrower is completely free in their decision and can withdraw from the desired financing at short notice if their individual situation changes. This means the applicant has no obligation to actually conclude the loan contract for the instant loan despite Schufa through MAXDA.
Only when all questions have been clarified and the applicant is fully convinced of their loan offer does the contract come into effect. Until then, the immediately started processing of the application for the loan despite Schufa is entirely non-binding and free of charge.
All processing is carried out exclusively online or via the telephone hotline. This ensures that every applicant receives their loan contract for the instant loan despite Schufa and its disbursal in the shortest possible time.
MAXDA has been working for years to process all loan enquiries as quickly as possible in order to ensure a fast disbursement, because often the necessary loan is needed urgently. Undoubtedly, one can therefore say that MAXDA loans constitute an emergency loan or instant loan despite Schufa!
Loans despite Schufa at MAXDA: always flexible
A loan despite Schufa is possible from a loan amount of €3,000. The borrower must be at least 18 years old and be able to prove a regular monthly income of at least €1,150.
No further requirements for a Swiss loan despite Schufa are imposed. This makes a loan despite Schufa suitable for very different financings with flexible terms. A car loan can also be provided without Schufa.
Car loan despite Schufa
What you use your loan despite Schufa for—whether for immediate repairs or a new car—is up to you. A car loan without Schufa is interesting when money must be invested in the vehicle quickly and easily despite a Schufa entry.
With the money disbursed through a car loan despite Schufa, you can finance a used car or carry out an expensive repair. Many employees depend on their vehicle. The MAXDA car loan despite Schufa supports you with this.
We also check in advance, as an alternative, whether a car loan with Schufa might be an option; despite minor Schufa entries this can be possible. MAXDA reviews your car loan request individually!
Procedure abroad: car & loans despite Schufa
The assessment of creditworthiness is carried out by Swiss banks; they proceed somewhat differently than German banks are usually used to. While a bank in Germany primarily focuses on regular income and the Schufa report, the Swiss bank completely forgoes data from Schufa.
All the more important is the proof of a regular income, which is required by every Swiss bank. In addition, an examination of the individual's asset situation is usually carried out.
Anyone applying for a car loan despite Schufa should have orderly financial circumstances. Financial background is of great importance if a loan application is to be approved by a Swiss bank.
This approach at the same time guarantees the borrower a high level of protection against over-indebtedness, because a bank will only approve a car loan despite Schufa if the financial circumstances allow repayment to be ensured. For the borrower, a Swiss loan therefore offers the invaluable advantage of a solid assessment of creditworthiness and responsible lending.
Flexibility and fixed loan conditions provide security
Despite all flexibility, every borrower needs a certain level of security when it comes to upcoming payment obligations. At MAXDA every loan despite Schufa has a guaranteed interest rate for the entire term. There are no unexpected changes in the interest rate during the contract term. The borrower thus receives a solid contractual basis and good predictability and calculability of their desired financing.
From the beginning of the contractual relationship for a loan despite Schufa, the borrower knows what costs to expect over the entire term. The fixed loan conditions also include an immediate right to make special repayments if the financial situation allows.
A loan despite Schufa can therefore be repaid in full or in part within a very short time without additional hurdles if this is made possible by an unexpected inflow of funds. A prepayment penalty often does not have to be paid and the repayment phase of the financing ends sooner than expected. For the borrower, this offers the great advantage of becoming debt-free again quickly despite Schufa.
This means a loan despite Schufa at MAXDA is therefore just as secure as it is flexible and in this respect is not inferior to a loan from a banking institution with a branch network. The borrower thus has the certainty of being able to adapt their financing for a loan despite Schufa at any time to their individual wishes and possibilities without risking unnecessary costs.
Retail business & loan despite Schufa: key to success
Over the past years, MAXDA has developed into one of the largest financial service providers in Germany. Today the loan brokerage is regarded as a reliable and competent partner for all borrowers who need a loan despite Schufa quickly and affordably and do not want to carry out the multifaceted loan comparison themselves.
MAXDA has also established itself in the brokerage of German bank loans, while the offering of loans despite Schufa from abroad has become a particularly in-demand pillar. In doing so, MAXDA focuses exclusively on the retail customer business.
Loans with a Schufa report as well as a (instant) loan despite Schufa are both offered, including in the form of a car loan despite Schufa. Employees, salaried workers and civil servants as well as older and younger borrowers will find in MAXDA a competent and reputable broker of private loans despite Schufa, one that is exclusively aligned with the needs of its customers and convinces across its product range with solid terms and an exceptionally high quality of advice.
As a completely independent service provider, the loan brokerage is not obliged to any bank partner when concluding contracts for a loan despite Schufa and can focus exclusively on the needs of the borrowers. This is part of the secret of the loan broker's success, which has established itself to this day as an experienced partner for loans of all kinds.