With the auto bank it is impossible to get a car loan for the self-employed. Since only the applicant’s creditworthiness is taken into account and great value is placed here, the self-employed generally have no chance and have to accept long waiting times before they receive the bank’s rejection.
However, creditworthiness plays a subordinate role in the free financial market and it is unbureaucratically possible to obtain a car loan for the self-employed from a free financial intermediary or a private investor. In order to finance a new car or to buy a good used one, it is often necessary to use a loan as a basis and in this way to fulfill the wish of the dream car.
Guarantees that convince
Of course, private financiers or independent financial intermediaries also need security to grant a car loan to the self-employed. Here, the potential borrower can convince with real assets, policies for life insurance or savings. It does not matter what the credit rating is and whether the applicant is perhaps in Credit Bureau.
Rather, the security must be chosen in the appropriate amount to the loan amount and the lender must be offered security in the event of non-payment. Even borrowers who do not have real assets such as real estate or the like have a chance on the free financial market and can secure the car loan for the self-employed with a guarantee from friends, relatives or colleagues and business partners.
Since the guarantor is only liable in the event of non-payment, he does not take any risk with a reliable borrower and only serves to ensure that the lender receives adequate protection and on this basis gives the loan approval. With online credit, a borrower can always rely on unbureaucratic processing and approval within 24 hours, thus realizing the desire to buy a car promptly and without barriers.
Compare helps save
In order not to choose a car loan that is too expensive for the self-employed, it is advisable to compare different offers and to compare them directly. A comparison can be carried out online free of charge and you can then choose an offer that is optimally suited to your personal requirements in terms of price and performance and is fully convincing.
Loans that are too expensive or not very flexible can be ruled out by a comparison and the focus is automatically shifted to offers that are convincing and based on personal expectations. Even high loans for an expensive car are easy to find online and are approved and granted as unbureaucratically as a loan in which the sum is much lower.
On the free credit market, every self-employed applicant has the chance of a cheap and advantageous car loan, without having to check his creditworthiness and refusing entries at Credit Bureau.