Most German banks or savings banks do not grant loans without a pay slip. Anyone who wants to have a realistic chance should show other guarantees. A positive Credit Bureau information is also essential. To answer the question of whether a loan is possible without a pay slip, the personal circumstances of the borrower must be taken into account. Anyone who is unemployed or who receives Hartz IV will have a significantly lower chance than a person who is self-employed, has established himself well in the market and can make a living from the income from his work.
Often people who cannot take a normal bank loan turn to a private credit broker and hope that he can help them find a suitable lender from home or abroad. At this point, however, it would be very important to maintain healthy realism. Nobody has to give money away to someone who is not sure whether they can repay the money in full and on time. Every future borrower should be particularly alert when paying fees for services that have not yet been provided.
Many dubious credit brokers take advantage of their clients’ plight and are only interested in their own profit. In this case there will be no credit brokerage. If so, then the loan is much more expensive than a normal installment loan. In this context, it should not be forgotten that a loan without a pay slip is not available in Switzerland. The Swiss banks only grant their loans to civil servants or employees who can provide the relevant evidence. This also includes proof of salary.
A personal loan can be a good option. They do not necessarily have to come from their own relatives, friends or acquaintances, but can also come from a stranger. If you are interested in the latter variant, you should register on one of the numerous Internet portals that private lenders want to bring together with private borrowers. They do not act as lenders themselves, but only establish contact between the contracting parties. A loan without proof of salary must be repaid on time. This is just as important with a personal loan as with a bank loan.