Payday loan for foreigners

You urgently need a loan? You need to renovate your home or pay for a major car repair? Why not apply for a loan abroad?

What advantage does the foreign payday loan offer?

What advantage does the foreign credit offer?

The loan abroad is often handled in Switzerland or Liechtenstein. Since the local lenders do not cooperate with Germany, they have no insight into the German remark system. So it does not matter to the loan intermediary, whether a negative remark entry exists or not. The customer benefits from this and can resort to a foreign payday loan without remark in emergencies, even with a negative remark entry.

Do I still have to fulfill certain requirements?

Yes, even for a foreign payday loan without remark, the following criteria must be taken into account:

  • majority
  • Residence in Germany
  • income

I currently have no income – are there still opportunities to get a foreign payday loan without remark?

Yes, even as an unemployed person it is possible to get a foreign payday loan, if a bit more difficult. If you have no regular income, you have to show a guarantor. This must be in the event of non-payment for the due loan installment.

I am a student – can I get a foreign payday loan?

If you have a regular income (sometimes a certain net wage is required) it is not a problem to get a loan from abroad. If you do not work, then a guarantor must be included in the loan agreement just as in the case of unemployment. Of course, the guarantor must fulfill all requirements (minimum age of 18 years, place of residence in Germany and possession of an income).

Do I have to expect higher interest rates on a foreign payday loan without remark?

Do I have to expect higher interest rates on a foreign payday loan without remark?

Unfortunately yes! In general, interest rates on non-remark loans are higher than on traditional loans. If that were not so, lending to risk customers would not make sense to the lender either. Finally, these benefit from the higher total amount of the loan and so can make sensible investments of your money.


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