If a car has to be financed when buying, then the big trembling always starts, if this is possible. Because not always the personal preconditions of the borrowers are stored so that every imaginable loan is simply waved by the banks and savings banks. Many do not have a good credit bureau, others have too little income or can not show a permanent employment contract. Everything is not good for borrowing.
But once you look at the advertising promises, then you might think that the above conditions are not so bad after all. Finally, it is advertised that a loan is possible even under unfavorable conditions. But is that really true? Is there, for example, a car loan without credit bureau and down payment? And if so – where is this?
Looking for a car loan without credit bureau and deposit
The search for a car loan without credit bureau and down payment can be quite precarious and difficult. Because behind the advertising promise is usually little truth. They serve only as a bait offer and are intended to bind interested and financially weak customers to products that they can not use with the best will. The fact is that no German bank and no car dealership grants a car loan without credit bureau and down payment. Such a loan would be free from collateral and would be so risky that payments could be expected at any time. In addition, with such a constellation no high loan amount can be demanded. This would have due to the lack of credit bureau and the lack of deposit no basis on which could be built.
The foreign credit
For this reason, the interested borrower will have no choice but to seek credit abroad. There one is not interested in the credit bureau and does not ask for it. The negative data can therefore not be included in the assessment of the loan application. And even a down payment is not necessary and not common in a foreign loan, as the bank, which would provide the loan in the best case, does not cooperate with the dealership and therefore would not receive any down payments for the car.
But what sounds so good has limitations. Because a car loan without credit bureau and down payment from abroad is only available under very specific conditions.
So there is currently only one foreign bank, which would give a car loan without credit bureau and down payment. This would be Credither, which has its headquarters in the Principality of Liechtenstein. The bank, which has been providing debt-free loans for years, has very clear guidelines for lending. So only two credit sums are possible. The loan is available only as a small loan with 3,500 USD or 5,000 USD. Little money to buy a modern or even new car. If you have not saved extra money, you will probably have to correct the desires regarding the purchase of a car down significantly.
The loan must be repaid to the bank within 40 months. This has formed fixed monthly installments. The interest rate is between 11 and 12% and is non-negotiable. In order for the loan to be taken up, a very good income from a permanent position must exist.
So the car loan can be taken up without credit bureau and down payment
The credit from Liechtenstein does not necessarily have to be taken up via an intermediary. If you are a potential loaner, you can contact the bank directly and take the loan directly. All you have to do is visit the bank’s website. There you can find the application forms. In addition, all key data on the possible loan can be viewed. And if this is not enough, you can also seek individual advice. By e-mail or by phone. Thus one finds there good conditions for a safe and above all serious credit, without which one must bind himself to a third person.