Since people who depend on H4 Credit very often in financial emergencies stuck and with the funds at their disposal have little chance of escaping this situation, is also in H4 Credit recipients the demand for individual solutions for new liquid assets large.
The situation of H4 Credit recipients opposite banks
In particular, recipients of H4 Credit have very little chance of getting the financial support in the form of a payday loan. Since only a very limited budget is available, that is sufficient for the cost of living, a monthly installment would be very low. Banks usually reject such requests immediately. In individual cases, the house banks allow long-term customers to set up a low dispo (100-350 € maximum).
First stop is the internet
Due to this fact, H4 Credit recipients are increasingly finding out about possible solutions on the Internet. One of the most frequently used searches is for the payday loan without a credit check.
What advantages do payday loans without credit check offer?
That there are so many searches for credit without credit check is no wonder! For a trade-neutral payday loan offers many attractive advantages. On the one hand, no information from the credit check is requested from the lending company and, on the other hand, no data is subsequently transmitted to the credit check.
In addition, borrowing is possible even with existing entries in the credit check (despite negative features). This is feasible because this special payday loan is granted by banks that have their headquarters abroad. Therefore, the maximum available loan amount is only 3500 €. Such special loan types are brokered by various credit brokerage companies in Germany.
Only a few providers for payday loans
It should be noted, however, that not every company grants payday loans to unemployed or H4 Credit recipients. Therefore, you should always be informed in advance. Also a comparison of different offers is worthwhile.
Basically, the topic of credit for the unemployed or H4 Credit recipients in the media is considered very critical, but it is in the current situation that the banks and credit institutions are increasingly thinking about how to just the financially disadvantaged persons in Germany can provide support to stimulate the economy in addition to the labor market.
Frequently job offers for the unemployed fail because of mobility. And with the money that is available to them from the state, measures such as making a driving license are not possible. Therefore, one can see the awarding of payday loans to the unemployed as well as H4 Credit recipients also as an investment in the future of the German economy.