Credit bureau is the most common reason for rejecting loan applications in Germany. Because if this is negative, the banks and savings banks do not see sufficient creditworthiness and therefore no reason for the granting of a loan. It is completely irrelevant for what reason the credit bureau is negative and whether this reason has already been eliminated or can be eliminated quickly.
If credit bureau is negative when asked, this will also have a negative impact on the application for the loan. For this reason, it is in your own interest to query your own credit bureau before taking out a loan and see how it is doing. If everything is good, hardly anything will go wrong with borrowing. However, if the credit bureau weakens, then you should make sure that you correct the weaknesses before the admission to increase the chances of a loan.
Debt restructuring as a special situation
Debt rescheduling is a very special situation when borrowing. Therefore, bad credit is even worse here than with conventional borrowing. A debt restructuring despite credit bureau is only possible if you take a few things into account and adjust them in such a way that the bank learns nothing of the negative credit bureau. This would be possible, among other things, if the debt restructuring is carried out with a guarantor despite credit bureau.
This is necessary if you are looking for a new bank for debt restructuring and do not stick with the one that provides the current loan. In addition, the guarantor must be able to be named if the debt restructuring is to be carried out despite credit bureau, because a lot of debts have accumulated over time and can only be managed if they are combined in a loan.
Debt restructuring without a guarantor
Without a guarantor, debt restructuring could always work despite credit bureau if a loan already exists and you can simply continue to use this offer. A debt rescheduling does not mean that you have to change banks or that the old offer is so bad that it can no longer be used. Rather, debt restructuring is offered at regular intervals to give the customer the opportunity to probe new offers and possibly use them for themselves. However, you would only ever access it if you really improved. The negative credit bureau would most likely not improve, so you are well advised if you simply continue the old offer and do not change providers.