It happens again and again that debt restructuring becomes necessary for consumers. This can happen if, for example, there are several accounts receivable from different creditors, but these are to be transferred to a single one.
This has the advantage that you only have to pay a monthly installment at an interest rate and not at completely different interest rates, as is the case before rescheduling. Depending on the borrower, creditworthiness and previous debt, there are very different ways of transferring your payment obligations to a single lender. Debt restructuring is also possible despite poor private credit checker.
Debt rescheduling loan despite negative private credit checker
Anyone who already has entries in the private credit checker, the best-known German consumer information service, will usually find it difficult to obtain a loan through normal banking. This also applies to debt rescheduling, which is made almost impossible for the potential borrower. So that debt restructuring is still possible despite poor private credit checker, several credit brokers offer so-called private credit checker-free loans.
Debt rescheduling loan through a credit intermediary
There are now several credit intermediaries in Germany who work seriously and do not claim any processing costs in advance when applying for a loan without private credit checker. A debt rescheduling despite poor private credit checker is usually not possible via a loan from Germany, which is why credit intermediaries generally arrange loans from abroad. Most of these are loans from Swiss banks, which is why a loan without private credit checker is often referred to as a Swiss loan.
However, such debt restructuring is not really difficult, despite the poor private credit checker. A loan application is made through one of the reputable credit intermediaries, who then probes the possible lending banks and goes into credit negotiations with them. If the application for the loan without private credit checker is approved, loan amounts of up to USD 3,000, sometimes even up to USD 5,000, are normally possible.
The positive thing about such a debt rescheduling is that in the end only one lending bank has to be serviced as a creditor, and not many smaller sums have to be paid at possibly higher interest rates. For the debtor, this is usually a significant simplification, for him a better overview of his finances and his monthly fixed costs is guaranteed.