Debt consolidation without credit entry

Debt consolidation without credit entry

Anyone who has ever overdrawn his current account, knows how difficult it can be to balance the account again. In particular, with the bank billing the extremely high disbursement rates every three months, most people are more and more likely to fall into the trap of the disposition loan rather than recoup their account as it was originally intended. And when the account is then overdrawn to the limit, the bank also derines its interest beyond the limit, of course, at even higher interest rates.

Debt Consolidation

Debt Consolidation

The customer who is stuck in the dispo-trap no longer receives money and no longer transfers important payments. The only thing that could save the customer in such a situation would be the granting of a loan on more moderate terms, with which the credit line could be replaced. The house bank is prepared to consolidate in-house in the rarest cases, after all, the bank earns well on the high disbursement interest. There remains only the way to another bank. However, if the customer has a negative credit information, he will generally not be granted credit at any other bank or savings bank. On the internet, however, a few banks are represented, which allow customers to consolidate with negative credit.

Is it even possible to consolidate with negative credit?

Is it even possible to consolidate with negative credit?

A few banks allow their customers even with a negative credit entry still a rescheduling. These loans are then usually agreed entirely without credit consideration, which means that the bank does not take into account the negative credit information in their award criteria and also does not enter the new loan in this. These loans are usually available only on the online way, the customer can easily fill in and submit the application form posted on the website of the bank. As a rule, the customer even receives an automatically generated instant information about the likelihood of a commitment and a little later a final statement.

If a credit agreement for rescheduling without credit, the customer is able to replace his old debts, such as his Dispo, and appears due to the fact that the new loan is not noted in the credit, again creditworthy. These schail-free loans are usually slightly more expensive than regular loans at credit, but are still significantly below the level of interest on a fully utilized discretionary credit. However, customers must note at the first application that most loans for rescheduling with negative credit allow only a loan amount up to 3500 euros and only in the rarest of cases. If everything runs smoothly when repaying the first loan, a higher amount can be granted free of any obligations in case of a later application.

The conditions

The conditions

Loans for rescheduling with negative credit are available on the Internet at various conditions. The individual interest is always dependent on credit and is usually between 4.99% and 16.99% APR. Here it is worth comparing the offers of different banks. The interest on a loan for rescheduling without credit is usually still cheaper than paying the very high disposition interest and allows the customer beyond the recovery of his creditworthiness. Anyone who is interested in debt rescheduling with negative credit will find more information on the Internet.