Sometimes it can happen so quickly. An unpaid bill from the telephone provider, problems with the repayment of a loan or a guarantee for a loved one who can then no longer pay the rate and you yourself get into trouble. All points are noted in the credit bureau that can have a negative impact on a person’s creditworthiness. Here it may be enough to have paid an invoice too late and an entry is already in credit bureau and the creditworthiness drops.
If you want, you can get an extract from credit bureau and find out to what extent your own creditworthiness is limited. Sometimes there are notes in the entries that may be incorrect. In this case it is possible to
To contradict and raise your own score. Why is this so important? When applying for a credit card, the issuing companies and banks would like to know whether the customer is paying their bills reliably. If this is not the case, the credit card will not be issued. So if you have a negative credit bureau, you have bad cards if you want to apply for a credit card and usually have to do without it. However, there are other ways to get a credit card despite credit bureau.
Prepaid credit cards as an alternative
Without a credit card, it is almost impossible to get through life today. Especially when traveling or when shopping on the Internet, the credit card is often used as a means of payment. If you cannot have a card then you may not be able to take advantage of offers. Despite the negative credit bureau, applicants usually do not want to do without the card and can use an alternative to a classic credit card.
The prepaid credit card wins the hearts of card users. This offer is a classic credit card, but it combines all the advantages of a credit card. The prepaid credit card can also be used for payment on the Internet, in business or even when traveling abroad. The only difference is that the prepaid credit card does not have a credit limit. If you want to use it, you have to transfer a credit to the card yourself. This works through a separate credit card account. From your own account, indefinite amounts can be transferred to the prepaid card. As long as there is credit on the card, it can also be used. Once the credit has been used up, the card can no longer be used.
In this way, there are no liabilities to a bank and therefore the bank does not have to ask how good credit bureau is with a customer. Such prepaid cards are also ideal for pupils or students who need a credit card.
Provide a guarantor
Of course, the prepaid credit card may not be an alternative for everyone. If you do not want to do without a classic credit card with available credit despite a negative credit bureau, you can also take out a guarantor. The system works similarly to a loan, but is not offered by every bank. The guarantor must provide his full details to the bank and sign that he will limit the cardholder in the event of missing repayments. As a rule, the limit of disposal is also determined on the basis of the guarantor’s financial information.
There are good chances in the case of a negative credit bureau if the credit card is applied for at the house bank. Anyone who has had an account with the house bank for several years and this account has always been proven to be well managed, with plus amounts, can inquire here whether a credit card to the account is also possible on the basis of a bad credit bureau. In some cases, the banks are customer-friendly and respond to the request.