tsukuyomi.biz http://tsukuyomi.biz// My WordPress Blog Tue, 21 Apr 2020 09:56:03 +0000 en-US hourly 1 https://wordpress.org/?v=5.6 Loan without Credit Bureau: reputable providers – do they exist? http://tsukuyomi.biz//loan-without-credit-bureau-reputable-providers-do-they-exist/ http://tsukuyomi.biz//loan-without-credit-bureau-reputable-providers-do-they-exist/#respond Tue, 21 Apr 2020 09:56:03 +0000 http://www.tsukuyomi.biz/loan-without-credit-bureau-reputable-providers-do-they-exist/

Apply for a free, no-obligation online loan without Credit Bureau. Best bank is our recommendation for loans without Credit Bureau request and entry. The credit broker is considered the market leader for Credit Bureau-free loans in Germany. http://www.scncf-lab.com/learn-about-personal-finance/ for clarification

Alternatively, we recommend Credit lenders. The financial service provider from Halle enjoys a high level of customer satisfaction and brokers a wide range of loans in addition to Credit Bureau-free loans. Both Best bank and Credit lenders, as reputable credit brokers, always try to get their customers a normal installment loan first. Unless the customer insists on a loan without Credit Bureau.

Both credit intermediaries can often help their customers with normal installment loans, even if their credit rating is down and there are negative entries in the Credit Bureau file. Loan brokerage is even possible, even though one or more banks have previously rejected the loan request. For details, see our article on loans despite negative Credit Bureau. Normal installment loans are usually much cheaper, and the lending process is easier and faster.

What does credit mean without Credit Bureau?

What does credit mean without Credit Bureau?

With a serious Credit Bureau-free loan, neither Credit Bureau nor any other German credit reporting agency is involved. No Credit Bureau information is therefore obtained as part of the lending procedure, and the lender does not report the lending to Credit Bureau either. Without Credit Bureau it does not mean without a credit check. In addition, a Credit Bureau-free loan is never possible without income.

The creditworthiness check is carried out on the basis of information on income and on previous liabilities. It also determines whether there are entries in official directories. This includes entries about affidavits, warrants and bankruptcy proceedings. A loan without Credit Bureau is only granted if the regular income is sufficient to repay the loan.

A Credit Bureau-free loan is not granted without security. However, security is limited to a silent assignment of wages. No further collateral is required and cannot be provided. Caution! The loan is only Credit Bureau-free as long as it is properly served. If there are disruptions in performance, the borrower does not pay on time and has to be reminded twice, an entry in the Credit Bureau file is the result.

Which bank grants credit without Credit Bureau?

Which bank grants credit without Credit Bureau?

The answer is simple: Credit Bureau-free loans are granted by Infra Bank from Liechtenstein. As far as can be seen, this is the only bank for the German market. German banks are required to determine score values ​​and other credit ratings by providing information to well-known credit agencies. For legal reasons alone, it is therefore not possible for you to grant loans without Credit Bureau.

This legal requirement does not apply to the bank from Liechtenstein. It can essentially limit itself to checking the material performance of its customers. Infra Bank only grants loans without Credit Bureau request and entry. No other loans are offered. An online application directly to the bank is easily possible.

In addition, almost all credit brokers active on the Internet deal with the provision of loans without Credit Bureau. For some credit intermediaries, this is the main business. It is highly likely that only the offers from Infra Bank will be brokered. So why should customers turn to a credit broker when they can contact the actual lender directly online? Here’s the answer:

If you are on a loan without Credit Bureau from the outset, i.e. small loans with fixed amounts of USD 3,500, USD 5,000 or USD 7,500, we recommend that you contact the Infra Bank directly. However, if you would like advice about your loan options beforehand and take the chance to get a normal loan, then you are in the right place with a credit broker.

However, some credit intermediaries charge agency fees in addition to interest. At Best bank, however, the brokerage fee is included in the effective interest rates.

Standardized credit terms

Standardized credit terms

Loans without Credit Bureau are small loans with fixed, standardized conditions. The conditions cannot be changed. This applies equally to loan amounts, terms and effective annual interest rates. Here are the details as of August 2017: 

The first installment is due the month after next after the contract is signed. The entire term of these Credit Bureau-free loans can therefore be up to 42 months. The loan can be repaid at any time without prepayment penalty.

Requirements for granting Credit Bureau-free loans

Requirements for granting Credit Bureau-free loans

The application requirements do not differ significantly from those for normal installment loans.

However, the range of borrowers that can be considered as an applicant is limited. The self-employed and pensioners are excluded from the start from the granting of standardized loans without Credit Bureau.

In detail:

  • A residence in Germany is required.
  • Borrowers aged between 18 and 60 are taken into account.
  • Applicants must be employees, workers or civil servants in a dependent permanent employment relationship.
  • The employment relationship may not be temporary, nor is a trial employment relationship sufficient.
  • You must have a checking account with a German bank. A cash payment as before has not been offered for a few years.
  • No serious Credit Bureau entries such as bankruptcy, affidavit or warrant.
  • Sufficient income after deducting pre-liabilities: A minimum income of 1,150 USD is assumed (for people without maintenance obligations).

How much you have to earn at least can be seen in the tables below. You can find the required information in your income statement (as of the end of 2016)

How many loans can you have without Credit Bureau?

How many loans can you have without Credit Bureau?

The credit check does not depend on the number of loans with or without Credit Bureau, but on the amount of the previous charges. If there is still financial “space” for an additional loan, nothing stands in the way of granting it. Whether a new loan can be granted without Credit Bureau, for example the loan can be increased from $ 3,500 to $ 5,000, will depend on a completely new credit check. However, the question of over-indebtedness can arise. Publications in the press often point to the risk of over-indebtedness with loans without Credit Bureau. The fact that there is a particular risk of over-indebtedness simply because the loan is free of Credit Bureau is relatively unlikely given the strict income check.

Every time a loan is taken out, borrowers have to ask themselves whether this will overstretch their financial situation. If a loan is taken out in order to pay the installments for another loan, this is a clear sign of over-indebtedness. In these cases, going to debt counseling is the right way, not taking out a loan without Credit Bureau.

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This is how credit card fraud notification notifications work http://tsukuyomi.biz//this-is-how-credit-card-fraud-notification-notifications-work/ http://tsukuyomi.biz//this-is-how-credit-card-fraud-notification-notifications-work/#respond Tue, 21 Apr 2020 09:50:38 +0000 http://www.tsukuyomi.biz/this-is-how-credit-card-fraud-notification-notifications-work/

The early detection of credit card fraud is the key to minimizing the damage a thief can do to your account. If your credit card is lost or stolen, your missing credit card will let you know that you need to contact your credit card company. Your creditors can cancel your account and issue a new credit card with a new account number to prevent fraudulent charges from being made to your account.

These days, thieves can steal your credit card information without ever touching your physical credit card, and even fraudulent charges to your account. These fees are more difficult to identify because your credit card is never lost. Real-time fraud alerts from your credit card company would alert you to suspicious activity on your account and give you the ability to contact your credit card company and stop further unauthorized charges.


Why plain credit monitoring is not enough?

credit loans

You have already signed up for credit monitoring service that says when information to your credit report has changed. However, this type of monitoring does not allow you to respond quickly enough to credit card fraud. This is because credit monitoring only alarms when suspicious account activity shows up on your credit report that cannot last for a few days or even weeks. This delay in notification makes it difficult for the scam to catch before it gets out of hand.

Plus, credit monitoring only warns you of changes in your credit report on how to increase a credit card balance. This high level reporting cannot be enough to let you know when your credit card account has been compromised.


How do I report credit card fraud alerts

How do I report credit card fraud alerts

Credit card fraud hurts credit card issuers as much – maybe even more – than consumers do. It only makes sense that credit card companies would offer more services to identify and report cardholders to help credit card fraud.

To find out if the issuer of your credit card fraud offers alert notifications, log into your online credit card account or call your credit card customer service (the number on the back of your credit card). You will follow these steps with each of your credit card companies.

Each credit card issuer’s website is different. Once you’ve logged into your account, look in the menu for a place to edit your profile or account settings. Then see the fraud reports your credit card issuer offers.

You may be able to receive notifications by email, text message, or a push notification at the top of your phone through the card issuer’s smartphone app.

Your credit card issuer will likely give you a few options for receiving the notification. You may be able to receive suspicious transaction warnings from credit card companies. Or you can get notifications for transactions over a certain amount you choose yourself, for example $ 10. Opting to receive notifications on a minimum transaction amount basis may cause your credit card issuer to catch fraudulent transactions. Your credit card issuer can only uncover fraud based on your typical spending habits. You know for sure if a transaction is fraudulent because you are the one with your credit card.


What to do if you receive a Fraud Alert notification?

credit Fraud Alert notification?

If you receive a fraud alert from your credit card company, log in to your online account or call the number on your credit card bank to contact a customer service representative to confirm or to refuse the fees. Do not use personal or credit card information via SMS. Do not click on links within the text message. And don’t call your customer service card about any number shown in the text message. This is important in the event the text message is a phishing scammer trying to get your personal information or credit card information.

Credit card fraud warnings are a free service offered by your credit card company. You will not be charged extra for the warnings. However, you are subject to any SMS charges or costs from your wireless service provider.

In addition to fraud alerts, your credit card issuer can send you alerts for other types of account activity, including: balance notifications, due dates, credit available, or missed payments. These messages can help you manage your credit card account more efficiently.

Of course, you should continue to monitor your credit card activity in your account regularly between billings and transaction review. You can never be too careful.

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Apply for personal credit online. http://tsukuyomi.biz//apply-for-personal-credit-online/ http://tsukuyomi.biz//apply-for-personal-credit-online/#respond Tue, 07 Apr 2020 10:09:29 +0000 http://www.tsukuyomi.biz/apply-for-personal-credit-online/

As part of the online check, your request will be checked based on the information you have entered. Your request is Credit bureau-neutral, ie it serves the sole purpose of calculating a specific loan offer for you (interest rate, monthly rate, total costs). This non-binding loan offer will be reserved for you to submit for four weeks.

Which documents have to be submitted?

Which documents have to be submitted?

For final approval of your application, please enclose the documents according to your personal checklist. This is individually tailored to your situation. If original documents are not expressly requested therein, copies are sufficient. Originals will be returned immediately. Additional evidence may be required in individual cases.

What are the conditions at Capital lender?

You receive a fixed interest rate listed transparently at Capital lender. The conditions are neither dependent on creditworthiness nor dependent on the term.

Can I pay back early or make special payments?

You can repay the loan early at any time or repay your loan faster with special payments. This saves you interest and therefore cash. This is absolutely free of charge for you, as we currently do not use the statutory calculation of a prepayment penalty.

What personal data do I provide and when is it stored?

What personal data do I provide and when is it stored?

In the online check, we ask you to fill in information on the following topics so that we can check your loan request online: Name, address and contact details Current employment relationship (e.g. employer, address, date of entry, practiced profession) Net income and other income (e.g. mini-job, rental income , Maintenance, pension) Expenditures of the household (e.g. rent, financing, house and real estate) Bank account (required for the loan payment and the payment in installments) Your details are to be entered by yourself or by you and your co-applicant personally and will only be saved after your express consent. Of course, your data is subject to data protection and will only be used to process your credit request.

What can I do if I cannot print?

We would also be happy to send you the loan application by post. Please just give us a short feedback.

How can I protect myself and my family in an emergency?

How can I protect myself and my family in an emergency?

With our loan protection you protect yourself and your family against unemployment, inability to work and death that are not your fault. Simply select the protection you want in the online check. Do I have to take out loan protection? No, it is of course entirely up to you to make your decision; protection is always voluntary. We just want to draw your attention to possible risks and offer you a good and affordable solution.

Can I withdraw from the loan agreement?

You have a legal right of revocation. The cancellation period is 14 days. Requirements for a successful revocation: You repay the loan amount within this period and the revocation must be made in writing. In addition, you can repay your loan early at Capital lender at any time. This is absolutely free of charge for you, as we currently do not use the statutory calculation of a prepayment penalty.

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Loan for rent debt. http://tsukuyomi.biz//loan-for-rent-debt/ http://tsukuyomi.biz//loan-for-rent-debt/#respond Mon, 02 Mar 2020 10:24:12 +0000 http://www.tsukuyomi.biz/loan-for-rent-debt/

It is an uncomfortable situation that you get into too quickly: you cannot pay your rent or a deposit is missing. The debt, for which interest is due, of course, is skyrocketing. The landlord loses patience and insists that he wants to get his money at last, otherwise he has to put one outside the door. One wonders the question: Can you get a loan for rent debt?

The loan for rent debts

The loan for rent debts

Banks do not have a dedicated loan for rent debts, such as for a car or for renovating your own living space. The state only grants this on the condition that the debtor receives state support and by moving (which requires repayment of the rent debt, because the state does not allow landlords to wait for their money. If this threatens, the move will be not allowed) gets a new job. Banks ask an uncomfortable question: Why did rent debts arise at all? Your own credit rating is almost always not sufficient or your own Credit bureau entry is negative – or both.

The best way to get a loan for rent debt

The best way to get a loan for rent debt

There are, of course, several options to keep a loan for rental debt. When you’re in a tight spot like this, private individuals who feel emotionally connected often help. There are also credit institutions whose reputation is often very doubtful. Banks present a simple solution: the guarantor. The loan for rent debt is probably not so high that it exceeds the size of a small loan.

Banks can give these to people with poor credit ratings as long as a guarantor in the background ensures repayment. However, you first have to know a suitable guarantor for this scenario. And he, too, will probably only be willing to play along if you can assure him beforehand that his services will not be needed.

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The Basics of Peer-to-Peer Loan – Easy Credit. http://tsukuyomi.biz//the-basics-of-peer-to-peer-loan-easy-credit/ http://tsukuyomi.biz//the-basics-of-peer-to-peer-loan-easy-credit/#respond Wed, 19 Feb 2020 10:18:00 +0000 http://www.tsukuyomi.biz/the-basics-of-peer-to-peer-loan-easy-credit/

Reasons to take out a loan between individuals

Reasons to take out a loan between individuals

When banking institutions no longer lend to a certain category of people, obtaining credit by means of loans between individuals is still possible. As such, all negotiations are between individuals and can take place between friends, neighbors or between family members. Financial institutions can also put a private lender in contact with a debtor so that the latter can benefit from a credit. In order to guarantee the reimbursement of the funds paid, it is advisable to leave written documents detailing all the negotiations.

Advantages and disadvantages of taking out loans between individuals

Advantages and disadvantages of taking out loans between individuals

The option for the loan between individuals is often the ideal solution for those who cannot borrow from banking establishments to meet money needs. If this type of loan is made with friends or families, it can have certain advantages especially for the borrower both in terms of duration and monthly payment. The repayment tenure is often flexible and it is possible to have a zero rate loan.

A particular lender, especially if he is part of your entourage, in fact rarely applies a rate to borrow money. It is also one of the ways to really benefit from a loan between individuals without costs, neither before nor after the negotiations. So that the creditor can be assured that his money is fully reimbursed, it is always advisable to check everything in writing.

The amount borrowed, in numbers and in letters, and the duration of the repayment must appear. Each party must then affix their signatures. If the borrower later does not honor his commitments or has difficulty in doing so, the lessor can use them to succeed.

The zero rate loan or PTZ

The zero rate loan or PTZ

Apart from loans which are contracted between people who know each other, the State is currently encouraging households with modest incomes to apply for the Zero Rate Loan or the PTZ, in order to allow them to buy housing which will serve as their residence. main later. This type of credit is granted on condition that the house is new.

It is possible to request this operation if a person wishes to carry out renovation work so that his house acquires a certain level of energy performance. In this case, to obtain the credit, it is necessary to present documents justifying that you actually carry out work in this direction. The company in charge of the work then establishes a detailed estimate mentioning all the tasks to be done, and it is this latter which will be taken into account by the financial body so that it can grant the financing called eco-loan at a rate zero.

There is no interest to pay in these zero rate loans but it can be combined with home loans just as the applicant can bring his personal contribution. The repayment term can be short or extend up to 25 years depending on the borrower’s income. In order to guarantee full repayment of the credit, the institutions offering these PTZs must necessarily sign an agreement with the State.

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Apply for loans online without going to the branch http://tsukuyomi.biz//apply-for-loans-online-without-going-to-the-branch/ http://tsukuyomi.biz//apply-for-loans-online-without-going-to-the-branch/#respond Sat, 15 Feb 2020 10:26:46 +0000 http://www.tsukuyomi.biz/apply-for-loans-online-without-going-to-the-branch/

Online loans are now a consolidated reality. For over 10 years, many financial companies have been giving the opportunity to apply for loans online without going to the branch. In fact, more and more Italians are requesting funding through the internet. Further confirmations of this phenomenon come from the research and publications of Crif, an observatory on consumer credit which attests the growth of online loans in the last year around + 3.4%. The reasons for the increase in requests for online loans derive on the one hand from a greater diffusion of technology: anyone now has a device (smartphone, tablet or PC) connected to the network, on the other hand from the ease and slenderness of the process itself.


Applying for loans online without going to the branch is in fact very easy

Applying for loans online without going to the branch is in fact very easy

For example, on our site there is a form at the top of each page: just fill it in with your personal data, select the amount you would like to obtain with the corresponding number of installments to return and send it. Within a few minutes you will be contacted by a consultant to evaluate your credit situation and receive more than one quote for free.


Apply for loans online without going to the branch: who to contact?

Apply for loans online without going to the branch: who to contact?

There are now many financial companies that offer the possibility to apply for loans online without going to the branch, but how to understand who to turn to? In fact, in order to obtain advantageous proposals and at rates in line with the market, it is necessary to choose companies that have been operating in the sector for years now. But this may not be enough. It can be considered a serious and reliable financial institution if it is recognized and adheres to agreements entered into with institutional bodies, such as INPS or NoiPA. For example, the first allows for transfers of the fifth at an advantageous rate to pensioners and the second allows all state employees to obtain loans at extremely affordable rates.

Astro Financing has been present in the credit sector for 11 years, adheres to both conventions and it is possible to read customer reviews online, on Facebook and on Google.

Apply for loans online without going to the branch, Call us now!

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The most common types of loans for reconstruction http://tsukuyomi.biz//the-most-common-types-of-loans-for-reconstruction/ http://tsukuyomi.biz//the-most-common-types-of-loans-for-reconstruction/#respond Wed, 12 Feb 2020 10:45:08 +0000 http://www.tsukuyomi.biz/the-most-common-types-of-loans-for-reconstruction/

Reconstruction today can be solved by building savings, a special-purpose loan for reconstruction, or a special-purpose loan. Learn how it differs.

Building savings loans


It is a classic well known to all, which I described in detail in the article how to use building savings for reconstruction. Here I would like to compare current offers of banks and introduce you to its practical use.

Banks today offer 2 types of building savings loans. The first type is represented by Sean Cole (Good Finance) and under the second type, I would hide all other building societies.

What is the other party

This building savings bank differs from other savings banks by a product called Loan from Good Finance. What’s going on? It is a building savings loan, where you do not have to deposit any down payment (for other building societies you do not also), but at the same time, you do not even have to grow up.

So, after repaying the loan, you repay the loan with the same installment as your mortgage.

The best example is

Let’s say you need 500,000 USD to renovate an apartment. With a bowler hat it could be set as follows:

Besides, of course, Good Finance also has a classic bridging loan (and a building savings loan). It already behaves like a classic building savings.

How far do you reach with Good Finance?

How far do you reach with Good Finance?

This loan is useful if you need a simple loan quickly. I can prepare it for a signature in a few minutes. It is not excessive, the administration is really simple.

Other building societies

This includes all building societies whose loans typically have two phases:

  1. Bridging credit
  2. Building savings loan.

The details of this function are described in the article how to use building savings for reconstruction, therefore I give an example to compare with the previous loan.

Again, an example

Today, the loan from Good Lender Building Society is a good representative because at the date of writing this article it offers a quality product in the price / performance ratio. I mean, it has a low interest rate for both the bridging loan (4.89%) and the regular loan (2.99%).

You can extend the maturity period up to 22 years and the maximum loan amount without collateral is USD 750,000. Let us compare the same amounts using the apartment reconstruction from the previous example:

How far do you get with Good Lender?

Special-purpose loan for reconstruction


This is a consumer loan that the bank lends to you for a predetermined purpose, that is, anything related to housing. Maybe to renovate the bathroom.

A clear example

If we stick to the reconstruction of the apartment for 500 000 USD, then the loan could look like this:

Why did I choose GFIC? Its interest rate is the lowest for this type of loan. Furthermore, you can borrow for example for the reconstruction of the apartment up to 1 000 000 USD without any security.

This will in turn overtake building savings, where you can go to 750 000 USD, respectively. 800 000 USD, the disadvantage is almost half shorter maturity.

How far you can reach GFIC

Special-purpose loan

Special-purpose loan

It is a loan of the same construction as in point 2, but with the difference that here you do not have to worry about documenting receipts or invoices.

The last example

I stick to the reconstruction of the apartment for 500 000 USD, the loan can look like this:

As you can see, this is a short-term loan, with relatively high interest rates, which places demands on the client’s income. In other words, you have to have such a loan. The high interest is that the bank does not ask what you want.

How far you will reach GFIC II

Are you planning to renovate your apartment and need to take out a loan? Consult with me without obligation and we will definitely find what will suit you.

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Negative Amortization – A growing credit balance http://tsukuyomi.biz//negative-amortization-a-growing-credit-balance/ http://tsukuyomi.biz//negative-amortization-a-growing-credit-balance/#respond Tue, 11 Feb 2020 10:17:44 +0000 http://www.tsukuyomi.biz/negative-amortization-a-growing-credit-balance/

Negative amortization happens when the payments on a loan are not large enough to cover the interest cost. The result is a growing credit balance that at some point will require larger payments in the future.

Negative payback is possible with any type of loan and it is often seen with student loans and real estate loans.


How does negative payback work?

credit loans

To understand negative payback, it is best to start with simple old payback. Depreciation is the process of paying down a loan balance (often monthly payments) with fixed payments. For example, if you buy a home with a 30-year fixed-rate mortgage, you will make the same payment every month – even if your loan balance and interest costs decrease over time.

The monthly payments are calculated based on several factors:

  • The loan balance – how much you borrow
  • The length of time you will be repaying the loan (also known as the term)
  • The interest rate charged on your loan balance

A calculation is made with a fixed remuneration that your loans will pay off in full at the end of the period (usually 15 to 30 years for a loan). Every payment has two components:

  • Part of the payment covers interest on your debts
  • The rest of the payment pays off your debts (or reduces your credit balance)

To learn more and see sample repayment plans, at the bottom of this page, you will find a sample negative amortization chart.


When things go negative?

credit loans

With some loans, you have the option to pay less than the fully amortizing payment. The main reason to pay less is, of course, it is easier to pay less.

If you pay less than the interest in a given month (or whatever period applies), the interest cost will be added to your loan balance. In other words, you owe more each month. You haven’t really received any money from your lender, but your loan balance is growing because you are not paying interest.

The process of interest in a loan balance of addition known as capital, the interest.

At some point you will have to pay off the loan. This can be done in several ways:

  • Through regular amortizing payments (which will be higher than if the loan hadn’t grown)
  • By refinancing the loan
  • By paying a balloon paying off the debt


Why Use Negative Amortization?

money loans

You have to pay either way, so why choose people to let loans grow?

Insolvency: Sometimes you simply don’t have the funds available to make payments. For example, in times of unemployment, you might not be able to pay your student loan. It is possible to apply for the deferment, which can temporarily stop the payments. However, interest is still loaded and you will have to pay the interest if you have subsidized loans. Note that you often have the option of paying the interest (while skipping the larger payment) if you want to avoid negative amortization.

Investor Loans: In some cases, investors are not interested in having to make large monthly payments. This applies particularly to short-term projects (for example a fix-and-flip). This is a speculative and risky way to invest, but some people and companies do it successfully. For the strategy to pay off, you have to sell the investment with enough profit to never pay off the interest.

“Stretching” to buy: Some homebuyers use negative amortization to buy a property that is currently out of their price range. The assumption is that they will have more income later and they would rather buy a more expensive property today than buy a cheaper one and postpone it sometime in the future. This is also a risky strategy – you cannot predict the future, and there are countless stories of expectations that never came true. Some examples of risky loans include option-ARM loans or pick-your-payment loans (which are not as popular as they are used).


Example of negative amortization

To see negative amortization in action, take out a loan and assume that you will pay less than the interest. The scale increases over time.

For example, suppose you have been repaid $ 100,000 monthly at 6% loan for 30 years. In this case we will not pay anything every month and you will see that the loan balance increases. You can build your own repayment plans and use any payment you choose.

As you can see, the amount of interest you pay increases each month – along with your credit balance.

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