Getting a loan can be tough if you have no credit, and you may be limited to higher-cost options when borrowing money. Taking steps to establish credit, such as using a secured credit card or taking out a credit-builder loan, could help you build credit before you apply for a loan.
The requirements of customers when borrowing are quite different. While one customer can boast a very good credit score and a high income, the other customer suffers at one point or another.
It can be particularly complicated when credit score has noted negative entries and the person concerned is also unable to name a co-applicant. If it should then be particularly quick, so that an instant loan must be drawn on, the level of difficulty has increased again significantly. Because an instant loan without credit score and co-applicants is very difficult to obtain.
The way to instant credit without credit score and co-applicants
The path to instant credit without credit score and co-applicants may seem a bit rocky and hard at first glance. After all, it is well known that traditional banks do not grant loans if you do not have a good credit score or at least one co-applicant. It is therefore necessary to look at how to get a good and reputable loan offer despite everything.
The best way to borrow under these conditions can be found abroad. In Switzerland in particular, you can find banks that issue an instant loan without credit score and co-applicants. All you have to do is be able to show a good and secure income. If so, you can look forward to a small loan of up to 3,500 dollars. If the income is insufficient, the bank will ask for a surety. Here you have to consider whether you can name it and whether you want to involve a second person to borrow.
The loan abroad can be taken out through an intermediary or independently.
In the best case, you can find out in advance on the Internet about the banks that offer such a loan. With a look at the banks’ websites, you can see whether the loan can be taken out directly or whether an intermediary needs to be consulted.