Who doesn’t know that: A truck is broken, a new laptop is finally needed or the trailer is broken. What now. The account is practically empty and in the past you had to deal with a loan that you couldn’t always pay in a timely manner. Nevertheless, you want to take out a loan again because the new investment must be simple to keep the business going. But is there actually a loan without Credit reform?
What is Credit reform?
Credit reform deals with information about private information and company information. As a company, you are not a customer, but a member. There are many local associations that are members of Credit reform, of which the companies are also members. There are 130 regionally knitted Credit reform associations in Germany, which alone hold 125,000 companies. This makes Credit reform one of the largest and most powerful credit bureaus in Europe.
The company is active in various countries such as Switzerland, Croatia, Hungary, Italy, Poland, Germany and many more and can therefore provide information about all companies in their association around the world. In the case of private information, there are approximately 60 million data records from more than 21 million German citizens. These data sets enable companies to make the right credit decisions with different applicants, thereby minimizing the risk of default.
The credit without Credit reform
Getting a loan under the conditions described at the beginning is almost impossible for a company. When a credit institute searches for the respective borrower at Credit reform, the sins of the past are quickly exposed and the credit rating is rated very poorly. then it is mostly up to the credit institutions and they do not like to accept loss-making transactions, as they fear. Nevertheless, you can get a loan without Credit reform.
The easiest way to do this is to get credit online without Credit reform. Here are different providers on the market that offer different offers. Nevertheless, one should examine all offers according to duration, interest and total volume of the amount to be repaid. The conditions will certainly be worse than at a bank, but once you have the loan and your business is going better, it is quickly forgotten.