A Credit Bureau-free loan without intermediaries is quite possible, even if the borrowers in this case may have to provide further evidence to compensate for the lack of security, the Credit Bureau entry. The Credit Bureau-free loans always make sense if your Credit Bureau entry is negatively debited or at least there is a strong restriction on creditworthiness.
In this case, lenders and banks could take this as an opportunity to finally reject the loan request and consequently not issue a loan. In order not to have to go that far, a Credit Bureau-free loan without intermediaries is worthwhile, which is also freely available on the credit market. The conditions for such loans can vary depending on the bank, but the loan is in any case cheaper if the use of an intermediary is avoided.
Intermediaries, i.e. people who mediate the borrower to a lender, always charge costs for their service. These costs can either be measured as a percentage of the loan amount or represent a fixed amount. In any case, the loan will be much more expensive, which can lead to problems especially for people who already have low creditworthiness.
If you are looking for a Credit Bureau-free loan without intermediaries, the market must be explored independently. However, thanks to the freely available loan calculators, this is not particularly difficult, because they consist of huge databases that perfectly structure the individual market participants and offers and give the borrower a result, which sorts directly from good to poor profitability. Since no intermediary is used, the borrower has to compare the conditions himself using a credit calculator.
This is much faster than manually calculating the conditions, especially since errors could also occur in this case, which would damage the profitability of the loan. If a suitable (and cheaper) loan was found, it can also be applied for directly on the Internet. People who knowingly have bad Credit Bureau should specifically look for Credit Bureau-free loans. Well-known lenders who do not need to be checked are the Swiss banks, which also issue small and micro loans that are free of Credit Bureau. If the loan is taken out directly via the Internet, there are no additional fees.