The official loan without Credit bureau is mostly sought discretely. The chances of being approved are particularly good with this loan without Credit bureau. In addition, the limits for the realistically possible loan amounts are shifting significantly upwards. A brief overview of the topic is summarized in the following article.
Civil servant loan without Credit bureau – civil servants are only human
An official always occupies a special position in the public eye. The salary is certain. Father State pays on time every month. Compared to the average income of a German citizen, civil servants earn much better. It is not for nothing that the professional status of a civil servant enjoys such a great public reputation for life. Nobody really has to worry about a loan approval from this special position.
Nevertheless, officials, which is sometimes overlooked, are only human. An invoice comes, it is set aside. The warning follows. It comes on the stack for urgent things to do. The second and last reminder flutters into the house. For some reason it will be forgotten and a negative Credit bureau entry will destroy your usual credit rating. If a loan is now necessary, then only the civil servant loan without Credit bureau remains.
Good credit opportunities for civil servants – even without Credit bureau
A loan without Credit bureau is usually a foreign loan. Many of these offers come from Switzerland or Lichtenstein. This is why this special loan is also known as “Swiss credit for civil servants”. The providers can occasionally be direct providers. As a rule, however, credit intermediaries are behind the advertising offers. The civil servant loan without Credit bureau differs significantly from the usual offers for civil servants. An increase in credit costs and restrictions are inevitable.
Nonetheless, civil servant status, even with a loan without Credit bureau, has not completely lost its effect. Endless terms and almost unlimited loan amounts are no longer possible, but the differences to industrial workers remain clearly visible. A loan without Credit bureau for commercial workers is limited to a loan amount of around 3,500 USD. Much more is not possible even with good collateral. Different rules apply to civil servants. More than double the loan amount is usually possible. Up to 7,500 USD can be approved as a loan without Credit bureau.
Apply for the loan discreetly and have it paid out
The application process for most credit providers for this special loan is fairly straightforward. The providers provide the necessary application options online. This can be a form for downloading or an ordinary online loan application. The application is printed out and can be filled in at home in peace. Together with the necessary documents, the whole thing is sent to the credit intermediary or direct provider using the Post-ID procedure.
The further correspondence is now usually done by email. Most providers offer the official loan without Credit bureau as an optional cash loan. In this way, the loan provider wants to avoid the need for explanations from its borrower. Most customers like to apply for a loan without Credit bureau for civil servants discreetly. Neither the neighbors nor the house bank absolutely have to be bumped into the previous financing problems.