Even if an arrest warrant exists, it is often necessary to bridge a financial bottleneck. To get a loan despite a warrant from a German bank is actually impossible. The following situation could have arisen: An affidavit was issued. This is the case if, despite repeated reminders and the ongoing procedure, the liabilities were not paid. The consumer then gets a warrant, which goes along with the affidavit. This is deposited in the credit bureau and thus there is a negative credit bureau entry. For this reason, there is no creditworthiness. Of course, other reasons for a stay in prison are conceivable.
Borrowing options despite arrest warrant
Borrowing in spite of warrants is then only possible with intermediaries who provide credit bureaufreie loans, the so-called Swiss credit. From there, no polling will take place and thus the credit may be granted under certain circumstances. But that also depends on whether the borrower is in an employment relationship. This is often the case despite a reminder. The non-scholarly loan requires a minimum monthly income and proof of salary or payroll. A credit bureau-free loan can be obtained in the amount of 3,500 euros per person with a term of 40 months and installments of currently about 108 euros. Another possibility is to turn to a debt counseling service, who will assist you with advice and assistance and examine the financial possibilities. Another option is to ask family or friends if a loan is granted.
Depending on the ratio here is the help you need to get the most. A loan despite a warrant can also be obtained on a platform where loans are transferred from private to private. Often it is not required here that documents are submitted. In addition, the risk for the lender is relatively low, since private individuals are often involved only with a very small sum. Thus, this is a way to go for a loan despite warrant. Another option for a loan despite a warrant is the pawnshop. There you conclude a corresponding contract and submit an item. This can be redeemed after an agreed time and pays relatively low interest rates. It is also ideal to get a loan despite a warrant, if you can provide collateral, such as a life insurance. These can then be assigned to the lender and the risk to the bank no longer exists.
It is difficult to get a loan if you have a warrant. Nevertheless, it is not impossible. Although not with German banks, the loan can be granted through a Swiss bank. However, one must be careful that one does not get to one of the loan sharks, which demand usurious interest rates. However, very reputable providers are also available for arranging credit bureau-free loans. Another option is personal loan on one of the platforms or borrowing money from friends or within the family. A pawnshop is also a possibility. A loan despite arrest warrant is therefore possible in principle.