This is how some Norwegians get loans with no credit


Norwegian loans with no credit checks are very popular these days. Many banks in Oslo and other popular cities could offer you some solutions when your credit is not as good as possible. Even when you are a Norwegian that lives a normal life, you have the right to fail. However, that doesn’t make you automatically ineligible for a loan. Let’s find out what Norwegians do to take loans from commercial banks without having any credit and without showing any assets as collateral to the bank’s officers.

Apply For Government Support

When you have no other solution, and you need to take a loan, it’s always better to ask for government support. The Norwegian parliament has voted and initiated many loan support programs for the part of the society that has no credit or even bad credit history. It only takes to have Norwegian citizenship, and you are automatically eligible to participate in such financial aid programs.

These government-subsidized products apply to Norwegians with a bad credit report that has not been due to criminal intent. They can apply to certain banks and get the loan they desire with the premiums and the interest rates paid by the government for a specific time. Other times they can apply for these loans and have the government back if they miss some payments due to health or family reasons.

Ask For Parental Affidavit

Another trustworthy way to get a loan with bad credit would be to ask for your parents’ affidavit. That is a document carrying your parents’ signature and showing the bank officials that they are willing to pay for the loan during financial hardships. 

That kind of affidavit usually has all the necessary loan details that the bank asks for and gives them a higher liability to cover the potential losses they may have from giving you the loan. Even if you are a non-reliable person, you will have the right to access a loan when your parents are still in a perfect and viable financial level.

Go To The High-Risk Banks

Norway also has some international funds that are up to huge profits. These rogue capitals form the so-called high-risk banks, which are specialized in offering loans to Norwegians with non-existent or bad credit histories. When getting a loan from these banks you typically agree to pay a higher interest rate and even a higher premium than the one you would pay when entering into an agreement with a normal bank.

Give Their Wages As Collateral

Finally, maybe the last way to omit the issue with your bad credit and get a loan would be to sign and offer your future wages as collateral. These loans can be generous especially when you have a good job that pays you better than the national average. Business owners who typically earn more than wagers are more likely to get such loans when they offer shares of their company.

It’s necessary to know that when you have a bad credit it’s hard to get a loan from good banks. However, when you are in Norway you have many chances to get a loan even when your credit score is at the lower levels and that places you among the most highly-appreciated citizens of the entire world.

You can view the original article HERE.

Michigan Politician Swears Gonzaga Hoops Team Buses Are Full Of ‘Illegal Invaders’
Kanye West Avoided Diddy Meetup During Rolling Loud Performance
Marvel’s Blade Delayed Amid Writers Strike
Diddy Seen Talking with Federal Agents at Airport as Associate is Arrested
Sydney Sweeney Swaps Madame Web’s Spider-Woman For Power Girl in DC Fan Art
Giancarlo Esposito Can’t Keep Overcrowded, Rushed Parish on the Road | TV/Streaming
Femme Review | An Edge-of-Your-Seat Queering of the Neo-Noir Crime Thriller
Gillian Anderson Reveals Why She Almost Gave Up Acting 24 Years Ago
Fake and laced benzos are circulating in the UK – causing a “fentanyl-style epidemic”
Lzzy Hale to front Skid Row for upcoming tour
Cillian Murphy reveals he’s gone vegan
‘The Bear’ star is favourite to play Bruce Springsteen in new movie
Panthers sign Clowney to reported 2-year deal
Ham thrilled as Lakers rally for ‘top-3’ win of year
Report: Cowboys haven’t made Dak extension offers
The Money Game: How Much Can College Athletes Earn with NIL
One Euphoria Actor Doubts Season 3 Will Ever Be Made
Chicago PD Season 11 Episode 8 Review: On Paper
Malcolm in the Middle Revival Now the ‘Closest It’s Ever Been,’ Frankie Muniz Reveals
The Good Doctor Season 7 Episode 4 Review: Date Night
Jenna Lyons, Jessel Taank, and More Announce Return!
Swarovski’s Underwater Glamazons, Megahn Markle’s Beauty Line, & More!
Cher’s Closet From Clueless Is Becoming A Reality, Thanks To Vêtir
Suki Waterhouse and Robert Pattinson Welcome Their First Baby!