As the banks’ acceptance guidelines always require permanent employment and regular income, well-defined evidence must be provided. This also includes proof of salary. Finally, the bank would like to make sure that the customer did not gloss over his data when making the application. The bank uses this evidence to derive the applicant’s ability to pay. By comparing total income, including wages in particular, with total expenditure, the bank determines whether the positive difference is sufficient to service installment payments. An online loan without proof of salary is therefore generally not possible for the reasons mentioned. A pension is also seen as income in the financial world. A pension notice is therefore also accepted, provided the person does not exceed a certain age limit.
Regular income is to be proven without exception
The Capital Lender, Lite Lender and Cream Bank insist on the presentation of two, the Targobank and Hanseatic Bank even on the presentation of three salary statements. An online loan without proof of salary is therefore excluded. Astro Finance only makes the commitment on these salary documents. Even Swiss banks, which, unlike domestic banks, do not have Credit Bureau information, do not grant online credit without proof of salary.
Online loan without proof of salary
Under certain conditions, the banks have already declared in part that they will not submit salary statements. An online loan without proof of salary can be taken under certain circumstances if the applicant has valuable goods or claims. This particularly includes real estate. Transfer by way of security, securities or guarantees are also welcome. If the loan amount is to be taken up with another person, or if the customer can refer to a guarantee, the credit institution will rather be appeased. A good credit rating is required. The bank will nevertheless critically question why the applicant does not want to provide this evidence.
If necessary, the financial institutions are ready to grant a loan without proof of salary in the form of a small consumer loan. However, this option is usually only reserved for long-term customers. Because the monthly salary receipts on the checking account, the bank advisor can independently find out the amount of income. Should a credit agency accept an online loan without proof of salary, this should make the applicant suspicious. Because many dubious credit brokers mostly promise the customer the blue of the sky.