Everyone understands that the bank that has issued or is about to issue a loan is primarily interested in the fact that neither you nor it with you have any problems. Therefore, any bank will first check your, potential client's, credit history, assuming or believing in advance that a conscientious client with an unblemished credit history will make all the necessary payments on time and in full. But in fact, as practice shows, the overwhelming majority of citizens, for a variety of reasons, have a credit history that is not as clean and flawless as the banks themselves would like. What is the chance to get a loan to a person without even the most banal and short credit history?
For example, there is a case when the company where you work enters into a corporate agreement with a certain bank, or several banks, according to which all employees of the company where you work will be served in this bank. Thus, through this agreement, the bank will, as it were, see your level of salary and, based on its level, determines the limit of your personal loan. Thus, the bank either allows or prohibits the issuance of a loan without a credit history.
But when else will the bank be able to meet you, a potential client, and issue you a loan without any credit checks? There is an excellent option, which is referred to as the pawnshop option, that is, giving you a loan secured by any of your real estate. This type of loan is issued exclusively in a fixed amount. The term of the loan is also strictly regulated. In addition to the real estate you have, you can also pledge precious metals, securities or anything else that should also have its value.
Also, the bank is able to issue a commodity loan to the client without verification. A commodity loan is issued without checking your credit history and is issued when you purchase a variety of household appliances, but in this case, the administration of all banks can check you as a client on their own credit base.
Well, and, in the end, there are banks that are ready to provide you with cash loans even if you have a bad credit history or even in its absence, and there is a high probability that you will be able to get a loan even on the day you applied. All you need to get a loan is a couple of documents. In such cases, remember that the bank has every right to present individual requirements to its potential borrower without a credit history, as well as to clients with a bad credit history. We offer you a list of banks that are ready to provide you with a loan without a credit history: Renaissance Credit, Russian Standard, MIG CREDIT, Credit Bank of Moscow, Home Money and Home Credit Bank.
By the way, the absence of any credit history for banks is much better than a “black” (bad) credit history, but much worse than an excellent credit history, which is why a client with a bad credit history is usually not given too much money. It is imperative that clients without credit history have a job, long experience, property in the form of real estate and a residence permit. Having a passport or a car can also increase your chances of getting a great loan without a credit history.
