Get credit requirements for Available Loans in Germany.
A residency permit which covers the full length of credit or citizenship
Positive SCHUFA Report
Fixed, regular income or property (usually shown using payment or title deeds) or guarantor i.e. a resident of ready-to-be signed for good financial status, loan in Germany
In addition to the details given on the paper, there are some naughty grunts that nobody will tell you about what you should know. Loan in germany
First of all, most of those low-interest rates are only for a few people, usually those people who do not need loans anyway.
The other thing is that most banks do not allow you to lend, if the repayment rate is more than 25% of your income. Loan in germany
In the end, banks should trust you to lend money or at least pay you money back. Loan in germany
Available Loans in Germany
. It may be worth trying to give a co-worker a co-worker loan eg ex. SMAVA and Internet portal which connects people with money that require microglons within 3 to 5 years. Another option is to get loans from Kenyan Bank or Kenyan lender.Be explicitly ask the bank to do a “conditional investigation” instead of “credit check”. Conditional checks only check your data without registering SCHUFA without having to check your score, while credit check demands data from SCHUFA, and this damages your SCHUFA score.
Another alternative for you is to get progressive loan. Start small and work towards your ultimate goal. Perhaps borrow enough to build the ground and first floor, get the tenants and when you have enough money to build it further. As you progress it, you get “financing” to tenants for your development. Start small and grow over time.