The banks and savings banks are quite generous and generous when it comes to the granting of loans. After all, they make a good living by lending their money and are therefore always happy when they can bring a loan to the man or woman who is on good terms and thus has only a low risk of default.
The default risk is also what can move banks and savings banks to reject a loan application. You then speak of hopeless cases where no credit is possible. Because without collateral, even the most tolerant and helpful bank can do nothing. But when is a borrower a hopeless case?
When is talked of hopeless cases
Banks and savings banks are known to rely on collateral. As a hopeless case, one is always classified there, for example, if you have no good credit bureau and the income is insufficient or in the quality is present that a loan could be approved. If you add that you have already accumulated large debts or that you are even in bankruptcy, you clearly belong to the hopeless cases. Because then you will not be able to save much with much luck or a guarantor.
So a loan can still be implemented in hopeless cases
If you are in a hopeless situation, you can not forego a loan in hopeless cases. Because often it is about the existence, which should be hedged with the credit in hopeless cases somehow. And therefore, in such a case, there are hardly any possibilities other than taking credit. However, as the banks and savings banks do not want to lend money in difficult cases, a loan can only be taken out in hopeless cases if you do something tricky. So the bank may not learn that actually a losing case requires the loan. This is best achieved if the person concerned does not appear at all when the loan is taken and the loan is taken out by another person.
This solvent person for the credit in hopeless cases one finds in the best case in the close family environment. Maybe the life partner is not as financially affected as the actual borrower and can therefore make the loan possible. This would be the best case and would probably be the easiest way to get the loan you were looking for. Otherwise you can of course also ask an outside person for help with taking out the loan.
A loan in hopeless cases from abroad?
Anyone who does not get credit in Germany quickly thinks of a loan from abroad. There one also helps, if the credit bureau does not fit. But only then. For a loan from abroad, you absolutely need a very good income. If it is considered a losing case, it can be assumed that the required income is not there, so that there is almost certainly no credit abroad.
One should always make a big berth to offers that come from credit intermediaries and the prospect of a loan in the prospect, if the conditions are not good. In many cases one can assume that these offers are not serious and therefore will not lead to the desired credit in the end. In addition, many of these offers are accompanied by a prepayment, which will not be refunded even if there is no credit agreement. Rather then work with a second person as an applicant for the loan and avail yourself of regular offers from the banks and savings banks, rather than relying on windy offers from intermediaries.