Credit denied – if the house bank says NO on credit

Credit denied or “We can not offer you financing at this time, because your credit bureau information has a negative note”. This is how it is formulated by a banker who has to tell them that their loan has been declined. In Germany, several million consumers live with a negative credit bureau entry, and nearly half of them are unjustified.

The numbers of a study carried out this year are frightening.

The numbers of a study carried out this year are frightening.

According to the study, payment claims are reported to credit bureau who are not eligible. In most cases, it is an unresolved dispute between the two parties. So often lands an entry at the credit bureau before a court has decided. According to its own information, the credit bureau stores over 462 million records over 66 million citizens and every year there are more. More records but not more staff. The credit bureau employs 800 people who have to deal with the data storm every day, so not every case can really be tested. Consumers are here by, clearly at a disadvantage.

Credit rejected? The credit despite credit bureau as a good alternative.

Credit rejected? The credit despite credit bureau as a good alternative.

If your house bank can not meet your credit request, you can apply for a personal and free loan offer here. By working with different banks, it is possible for you to create a free loan offer. More and more consumers are looking for a cheap alternative to a personal loan, which they receive from their bank. This was also an important reason that some banks have changed their way of thinking significantly to the benefit of their customers. If a loan is denied where you need it most, you will be literally stabbed by a bank word in the rain.

Here’s exactly one of our favorite phrases “When the sun shines, banks spread umbrellas, and when it starts to rain, they’re collected against you.” A loan despite credit bureau is forgiven even if other banks have refused them a loan. You have a negative credit bureau entry? Here, each loan application and thus the customer is treated individually, the only way can really be decided on a fair lending.

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