What is a debt restructuring? Basically, this is nothing but converting a short-term loan and high monthly installments into a long-term loan at lower rates. This loan amount is used exclusively to replace the old loan. For goods purchases, he is not really intended. How does it look if the credit check is negative? Is there a rescheduling despite negative private credit?
The ability to pay influences the creditworthiness of a bank customer. In the past, if an invoice was not paid on time or if there are still outstanding receivables, then this is a negative feature in the private credit, from which point on a loan commitment from a bank has become very unlikely. It is better not to let the case happen at all. But once the child has fallen into the well, there are still possible solutions.
On the Internet, some credit intermediaries, who offer a rescheduling despite negative private credit. In the background are lesser-known banks, which in some circumstances are ready to reschedule. In general, one should ask oneself, how high the monthly rates should be, so that one comes without problems over the rounds. It would be counterproductive if one chooses too high installment payments and can not pay afterwards.
That requires a regular income. Without a permanent job rescheduling is not possible despite negative private credit. Self-employed and freelancers have a debt rescheduling even harder because their income is relatively uncertain. In contrast to employees subject to social security contributions, they do not have a regular monthly cash receipt. That makes the matter more difficult.
Anyone who hires a credit intermediary, should pay attention to the seriousness. If he asks in advance for any fees, then it is called away. Credit intermediaries only get a commission on successful conclusion of a contract. This is paid by the borrower and in most cases this is credited to the loan amount.
A typical feature of a personal loan is that private financiers are in the background. Normally, people who need a loan to buy consumer goods, to finance holidays or to study meet there. However, it is not uncommon to apply for a loan for a debt restructuring despite negative private credit. Whether this is successful depends on the respective lenders. At this point, it should be mentioned that the loan amount is composed of the funds of several lenders.
The BGH has decided that processing fees for loans are now inadmissible. But that should not obscure the fact that this applies only to loans in Germany. Anyone planning a rescheduling despite negative private credit abroad, must expect processing fees and can not take legal action against it. However, if you have to turn to a bank for lending abroad, you are welcome to accept it. That’s still better than having to do without money.
Who pays attention to his creditworthiness, does not need to fear negative entries in the private credit. This means that the bills are always paid on time. The monthly installment for a loan should always be paid on time. In addition, you should not burden yourself with too many installments, then you do not need to take out a loan.