Loan without Schufa
If you're planning a larger purchase but haven't saved the necessary money, you need to take out a loan. This will lead you to a lender where you can apply for a loan without Schufa.
This is not an isolated phenomenon. The majority of German households have at some point in their lives applied for a Schufa-free loan or another type of credit. A loan without Schufa is especially required if you have a negative Schufa entry and a lender would refuse to grant credit after obtaining that information.
A negative Schufa entry is not always due to personal fault. However, once a negative entry exists, it remains for three years after the debt has been settled. In principle, a Schufa entry documents the customer's creditworthiness.
What different types of Schufa-free loans are available?
One option is that installment loans are also issued as Schufa-free loans. This variant is primarily available from Swiss banks and they are granted up to an amount of €5,000, which can bridge a smaller shortfall. Additionally, you can also obtain a Schufa-free loan online.
What should you watch out for when applying for a loan online?
On the internet you can easily and conveniently apply for a Schufa-free loan. On the websites of the respective lender you will find pre-made online forms that you simply fill out and then send to the company. Checking the documents does not take much time, and you will receive a message the same day about whether the loan is approved.
Furthermore, a Schufa-free loan is not tied to a specific purpose and can therefore be used for almost anything. As a rule, the maximum amount for a Schufa-free loan is €5,000, so payment can also be made by post.
What is special about a Schufa-free loan is still the fact that no inquiry is made at Schufa. Especially those with a negative entry thus get a chance to obtain credit. A disadvantage, however, is that the interest rates for a Schufa-free loan are much higher than for a normal loan.
How long does it take for a Schufa-free loan to be paid out?
A Schufa-free loan is either offered by foreign banks or on the internet. Therefore, a Schufa-free loan can be applied for quite easily via the internet. In this way, borrowers can remain as anonymous as possible and are not forced to have a personal meeting with the bank. Advice can also be provided via the internet or by telephone.
For processing the loan application, copies of the last two payslips as well as bank statements are required. You also need a valid identity card and a letter from the lender to collect the money in cash at the post office. This way you can access the money very quickly and the funds will not appear in your bank account.
Before taking out a Schufa-free loan, you should carefully consider how high the monthly installments can be so that you can comfortably repay the loan without overextending yourself financially. In principle, online loans are easier to obtain than traditional loans. This is especially true for a Schufa-free loan. In particular, the MAXDA Darlehensvermittlung specializes in the provision of Schufa-free loans. MAXDA is also characterized above all by its particularly service-oriented work.
How is a loan application processed?
As soon as a loan request has been submitted, you will receive the necessary documents for the application. You must now fill these out completely and return them to us together with the other required documents. In most cases your application will be processed the same day. If it is a Schufa-free loan, MAXDA will not obtain a Schufa report. We will contact you to explain the conditions and options in more detail.
When everything is clarified, we will make a decision based on the documents and inform you whether your loan is approved. Overall, the processing of your application takes about one week and then you will have already received your money. When applying for a Schufa-free loan you must also provide personal information such as address, name, date of birth, marital status and financial situation.
Anyone applying for a Schufa-free loan should be of legal age and be able to prove a regular income. Those still looking for work can improve their chances of obtaining a Schufa-free loan by providing a solvent guarantor.
MAXDA and a Schufa-free loan
Furthermore, no Schufa entry is made for a Schufa-free loan because the credit is usually granted by a foreign bank that the MAXDA Darlehensvermittlung mediates to you. For example, employees, workers or civil servants with a regular income receive a Schufa-free loan from us. The effective annual interest rate for a Schufa-free loan with us is 3.99% and repayment is made in equal monthly installments.
Reliable and competent handling of our customers is very important to us in our work. It not only offers loans but also mortgage financing and is one of the largest financial service providers in Germany. In our business dealings, the wishes and interests of customers are the focus, with services and advantages tailored individually to customers.
MAXDA is an independent service company that works closely with other German and European credit banks. Furthermore, we are distinguished above all by many years of experience in the field of lending. We are constantly attentive to the wishes of customers and try to find a suitable solution for everyone. We handle your applications quickly and without bureaucracy so that you can promptly access the requested money.
Advantages of MAXDA
Furthermore, the MAXDA Darlehensvermittlung also offers special loans, particularly in connection with Schufa-free loans. You can find more information on our homepage or you can call us directly. You can reach us during service hours. In a personal phone call all open questions can be clarified. A Schufa-free loan from MAXDA Darlehensvermittlungs-GmbH is a good opportunity especially for those who have a negative Schufa entry to obtain funds to make necessary investments.