Illegal money lending?

Is it possible to borrow money illegally or is it completely legal to borrow money without a bank??

How to borrow money illegally? And everything you should know if you want to borrow money illegally. Why people want to borrow money from loan shark on the darknet.

The most important facts explained. How to get money fast without a bank. How to borrow money legally, seriously and without any difficulties.

Despite Schufa entry, despite less good credit rating and despite possible unemployment. Does not exist? Does exist.

Read on and learn in only 5 minutes which possibilities you have to get money fast. How borrowing money without Schufa works and what versatile alternatives there are to it. Where to borrow money illegally?

Borrowing money in the Darknet

One thing explained in advance. When people look to borrow money on the darknet or think they need to borrow money illegally, it doesn't actually exist. Why? Because in principle you can not borrow money illegally at all. Why is it so?

In Germany, Austria, Switzerland, France, Holland, etc. anyone can lend money in a simple and serious way. The right to give credits has everyone, who also has capital. D.h. so not only a bank may legally lend you money. No. A loan from private persons may also be agreed.

Yes, also each mature and legally competent private person has the right to give a private credit. And for this reason the money lend of private persons also wins ever more at popularity.

Millionaires lend money

"Millionaires lend money", or "lend money immediately", so one reads also already times one or other classified advertisement. But my experience shows that there are hardly any millionaires who actually lend money privately. I would like to show you now here all practical alternatives, how you can borrow money today privately.

Borrow money from loan shark

The loan shark is called such, because he will try under all circumstances to get a loan for you. He specializes in making it possible to borrow money in difficult cases.

The task of getting a positive loan decision from a loan shark is very difficult. And due to lack of creditworthiness, the so-called risk of default is rated much higher.

No loan broker in the world would call himself a loan shark. And also no private lender would ever dare to even mention this term.

Loan shark instant payout

The bottom line, however, is that there is usually a loan shark in the financial services industry. And he will try to refer your loan request to all possible banks, credit institutions at home and abroad.

Also private lenders are in his portfolio. And very often also foreign credits are offered to which the Otto normal consumer has no entrance. If the loan shark finds a provider with an express payout, many also speak of a so-called loan shark instant payout.

The most important thing to consider.

Costs
Fees
Interest
Identity
Testimonials

If it is an offer of disproportionate interest, then you can assume that it is a so-called Zinswucher. The interest usury is also regulated by law and has also criminal consequences.

More information and details what you should always know about loan sharks and what you should pay attention to if you want to work with financial service providers. Read more in my article here -> borrow money from loan shark

Borrow money without a bank

So you see. If you want to borrow money from someone other than the bank, there is nothing illegal about that. Borrowing money without a bank also brings a number of advantages, such as.Ex. a simpler process. Largely much less bureaucratic.

There are different reasons why you should think of borrowing money illegally. Perhaps you have a negative entry in Schufa. Or maybe your credit score in general is so low that you can't get a loan from conventional banks.

I felt the same way when I moved from Vienna (born in beautiful Austria) to Germany. At first I wanted to go to Berlin, but then I got offered a job in Munich. Be that as it may. I needed money urgently at that time and I could not show a sufficient Schufa score.

Maybe you feel the same way and you just need a short financial bridge, maybe to repair your car. Or maybe there is some other necessary purchase that you absolutely need. No matter what you want to borrow the money, but you have difficulties to finance this purchase.

Borrow money without Schufa

More and more often people look for alternatives to borrow money without a bank. In many cases applicants fail because of a too low Schufa score. Simply the creditworthiness does not seem to be sufficient for conventional banks.

Borrow money without Schufa query works if you can find suitable private lenders. Or also companies abroad, which do not cooperate with the Schufa and thus do without a Schufa query.

Borrow money from private individuals

Maybe you have existing debts and do not feel comfortable with your current financial situation? The reasons why you want to borrow money without Schufa can be versatile.

But basically all these reasons do not matter when you want to borrow money. The bottom line is: You need money.

Find now the simplest possibilities how you can come without a bank relatively fast at money.

Real credit card from abroad
Borrow money from friends
Pawnshop
Loan shark

Credit card from abroad

If you have your residence in Germany then you can apply for a real credit card from abroad. With this credit card you can get a credit amount of €7500 granted.

Attention: However, it is also important to know that this provider charges so-called upfront costs. These upfront costs are charged for the effort of assessing your creditworthiness.

Even more important to know, however, is the fact that the card provider does not do a Schufa check. D.h. so, even if you have negative entries in the Schufa and your Schufascore should be extremely low – the credit card provider from abroad does not take data from the Schufa.

D.h. but not that the company will not check your creditworthiness. This is what is done. But according to your own procedure. The assessment of your creditworthiness, however, is not made dependent on the Schufa data.

And for this reason, this credit card provider is attractive to many borrowers. Because the chances of getting a loan from abroad with this credit card are significantly higher than with conventional banks in Germany or Austria.

Money lending instant payout through the pawnshop

Money lend immediately disbursement receive: Watch out. So you can even as an unemployed person quickly borrow money and get an instant payout.

The fewest people today still think about the pawnshop to consider. Although it is still the seemingly fastest and easiest alternative to borrow money and get an instant payout with cash.

If you have any movable valuables then you can bring them to the pawn shop.

The pawnshop is one of the fastest ways to get cash. And also the pawn credit is completely legal. D.h. also in this case it is not illegal to borrow money.

In addition, there is also the advantage that with the pawn credit also no credit rating is checked. Because the creditworthiness plays no role when borrowing money in pawnshop.

A list of all reputable pawnshops you will also find on my free resources page. There you will also find other tools that will help you to get money.

Borrow money from friends

You should also never forget that your friends can also lend you money. Also in this case it is a completely legal form of borrowing money.

If you want to borrow money from your friends, then I advise you to sign a contract in this case as well. It is important that you document how much money you want to borrow. At what conditions and when you want to have the agreed loan amount fully repaid with a monthly installment payment.

On my free resources page you can also download a free sample contract.

Lending money without paperwork

The Internet offers you the possibility to borrow money online. Faster and easier than ever before it is possible to apply for direct banks, private lenders as well as foreign loans.

And yes, the money lending without paperwork developed over the last few years due to digitalization more and more in this direction. The classic paperwork is becoming less and less and especially online banks as well as private lenders handle credit requests 90% digitally.

It follows that traditional paperwork and the associated bureaucracy is being pushed back further and further. Nevertheless. It is not possible without paperwork. Not even if, for example, you have to have your identity established.

Borrow money immediately despite Schufa

Or sign a loan agreement. Even though more and more documents are digitized and documents can be signed electronically.

Money lending without paperwork as you know it from conventional banks works in my experience the fastest and easiest with direct banks that specialize in it.

Lend money against promissory note

More and more often you can find classified ads with the title: "Lend money against promissory bill". With these ads mainly private lenders involved.

My experience to borrow money privately through classified ads on the Internet was not exactly the best. In any case, it is very important to also obtain the identity of the private lender.

If a private lender refuses to disclose his identity, then I advise you 100% to stay away from it. Never pay any upfront costs or fees. No need to provide bank details. Not making PayPal transfers or other transactions to the lender.