When unemployment has found its way into the family, there are many things to do without that might previously have been taken for granted. Because the unemployment benefit is usually so scarce that it is usually only enough for the most necessary things.
In this situation, debts can quickly accumulate that have a negative impact on Credit Bureau. If there is still a major investment that cannot be postponed, a situation has been reached that makes every bank employee shiver. Because if you come to a bank and want a loan despite Credit Bureau and without work, in most cases you will only meet with rejection.
How to apply for a loan despite Credit Bureau and without work
Even though traditional banks will generally reject a loan application in such circumstances, there will be consumers who will not and cannot be satisfied with such a rejection. Often it is not the sheer desire for a little more luxury that the loan is supposed to achieve despite Credit Bureau and without work. No, they are important things that should urgently ensure a reasonably tolerable life.
The bank will not care. It does not grant a loan that would be on shaky ground due to the lack of collateral. As a person affected, you have to see how you can get the money you need.
Co-applicant for the loan
This is possible, among other things, if you are looking for a co-applicant for the loan who can offer the desired collateral. The co-applicant should therefore have a steady job, generate a high income and have no negative entries at Credit Bureau. If he has no other major financial obligations, the bank will recognize the co-applicant as security and will automatically be much more open to a loan despite Credit Bureau and without work.
In this context, however, one should not forget that a loan should only be taken out if it can also be repaid. If this is not possible, it only means further trouble that you cannot really use in such a situation. If, on the other hand, the money is so scarce that payment in installments is not possible, then you should refrain from a loan until your own financial situation has improved. Alone, in order not to get the co-applicant in trouble.