If you look at the classified ads of various local publications in Berlin, you will regularly find advertisements in which credit is offered by private individuals. Full-fledged loans are promised at low nominal interest rates. If you take a closer look, the interested party quickly realizes that these are overpriced lure offers.
The professional credit brokers from Berlin conceal the high processing fees, the discount and the mandatory residual debt insurance. These cost factors lead to effective annual interest rates that make the loan uninteresting.
Loans through classified ads on the Internet
Nevertheless, a personal loan can be the right way if additional financing is required. Because the Internet offers a variety of options for such cases. This is how portals for classified ads have been created on the Internet, where consumers are looking for a loan without Credit Bureau. In times of restrictive interest rate policies on the part of the Capital Lender, there are investors who are looking for a profitable investment. It doesn’t matter whether borrowers or investors come from Berlin.
Self-employed and start-ups with additional capital requirements
Common interests are much more important. For example, there are young self-employed people and start-ups in Berlin with additional financing requirements. Banks and savings banks do not provide these companies with a loan. Even if there is no negative Credit Bureau entry, the young entrepreneurs usually fall through the credit check because they cannot provide the collateral required by the financial institutions. Private investors from Berlin see it differently. Successful entrepreneurs have an eye for good ideas and are willing to use venture capital when they see market opportunities for a new product.
Offer company participation as security
It goes without saying that the lender wants his investment and interest back. To secure this point, the start-up company can offer a participation. It also binds the lender, which offers further chances of winning. Such an offer must be made sensible from the classified ad. So the borrower plays with open cards right from the start, which gives Berlin’s private credit good chances.