A credit card is hard to imagine today, and is even necessary for some purchases. Especially when traveling abroad, online shopping or paying for larger purchases, you often take a credit card in your hand. But what does it look like when you have negative credit bureau entries?
Classic credit card despite credit bureau entries?
When paying with a credit card, it is a loan that is granted for a short time and is usually only debited from the account later, in about 1 month. To get this opportunity, you have to be creditworthy. The loan has to be paid back in time. And that’s what the banks and credit card providers are checking. This means that classic credit cards are only issued with a credit bureau check. With negative credit bureau entries there is hardly a chance.
Are there credit cards without a credit bureau check?
If you google, you will quickly find the answer to the question asked above: Yes, there are enough providers who offer credit cards without a credit check. And these look exactly like the classic cards, that is, there is no remark that the cards are “credit bureau-free”. You can pay with such cards as well as with usual credit cards, in shops, online or abroad. But of course there is a “hack”.
What is different with credit cards without credit bureau
There are some differences, which you may not see at first glance. First of all, the limits on such cards are much lower. However, the frames are often negotiable, so that you always have a chance to get them a little higher than originally specified by providers.
Second, such credit cards are more expensive than normal ones. It is advisable to look closely at what fees are charged for what. Often, some are already requested when ordering the cards. Furthermore, relatively high annual fees and withdrawal fees may be charged. There are no credit cards that are completely free, but credit cards without a credit bureau are much more expensive.
Prepaid credit card would still be an option. These work on a pure credit basis, which means that you can only spend as much as you have previously loaded onto the card. You don’t need proof of income or a credit check. The card is used like a normal credit card, you can pay anywhere and the fees are reasonable.
Another option would be to ask partners or parents to take a second card for you with their own credit card. In this case, of course, a good relationship is the be-all and end-all. There will be no credit bureau examination, since it has already been done by the applicant.
Conclusion: Generally it can be said that one should not be afraid of credit cards without credit bureau. If you are aware of the costs and the provider is trustworthy, there is nothing to prevent you from applying for a card.