Loan without proof of salary
A loan without proof of salary is usually not granted by the bank. This applies to both a German and a foreign bank. Anyone interested in this should contact a credit broker who works seriously and is reliable. This can be determined using various criteria. For example, it would be very important not to pay any fees before a loan was approved.
No reputable lender can grant a loan unless the borrower has a certain minimum level of personal credit rating. If there is no proof of salary, other guarantees must be available. This can be a guarantor or a co-applicant, but also a debt-free property, a securities account or a life insurance policy.
When asked whether a loan without proof of salary is possible in principle, it must also be considered whether the borrower is an unemployed person, a Hartz IV recipient, a self-employed person, a student, an apprentice or a housewife. All of these people have very different requirements for lending and cannot always provide the necessary collateral. This is especially true for unemployed or Hartz IV recipients.
Loans for the unemployed
It is almost impossible that an unemployed person can get a loan. An exception is a Hartz IV recipient who contacts the job center with their credit request. If larger household items need to be replaced or repaired, or rent and energy debts exist, quick action is required. Unless there are good reasons, the job center will almost always grant a loan. It is interest-free, has to be paid back in monthly installments and is often collected directly from the current Hartz IV benefit.
The purpose of the loan is, however, precisely defined. An inappropriate use is therefore excluded. Appropriate evidence such as purchase receipts for a refrigerator or washing machine must be presented to the job center. If this does not happen, the job center has the right to demand the full refund immediately.