If you want to take out an installment loan and hire a private credit broker to search, you should definitely make sure that you only contact reputable credit brokers without any upfront costs. Otherwise, it could very easily happen that he would have to pay money for a service that is unlikely to be provided.
Reputable credit intermediaries with no upfront costs
If you are looking for a credit broker, you should consider various criteria when choosing. This does not only include the question of whether the credit intermediary has years of experience. It would also be very important that he does not charge any upfront costs. Should costs arise when granting the loan, they will only be due after the payment. A reputable credit broker also ensures that these costs are not calculated separately, but are included in the monthly loan installments during the term. If the credit intermediary requests even small upfront costs, it would be better to refrain from doing so and look for another alternative.
Application and approval
Reputable credit brokers with no upfront costs will always try to find a suitable loan for every customer. This applies even if your case is classified as very difficult and you have little realistic chance of getting a loan from the Agree banks, savings banks or Cream banks.
Which documents the credit intermediaries need from the customer cannot be answered universally. This varies from case to case. Reputable credit intermediaries with no upfront costs can not only provide loans to employees, civil servants or workers, but also to the self-employed, freelancers, students, housewives or trainees. If you can show a regular income and have negative Credit bureau entries, you could also contact a credit broker. This could try to get a serious loan without Credit bureau from abroad. Lite lender loans in particular are very popular here. If all the conditions are right, they can also be obtained from German citizens without major problems.
If the credit broker has found a suitable loan, he will contact the customer and clarify the further procedure. Unemployed or Social Welfare recipients generally have little or no chance of getting a loan. It doesn’t help much if you use a credit broker. Unemployed people in particular should be very careful and in no way accept any empty promises from dubious credit brokers.