A dunning notice always comes from the responsible dunning court. It is always delivered in a yellow envelope on which the postman writes the delivery date. Only this letter is a judicial order for payment. There are quite a few debt collection agencies that send out “out-of-court orders” to scare the debtor.
The debtor is also sent a completed application for a reminder notice. All of these are not legally valid reminders, because a valid one is as described above. The order for payment is not yet a complaint. This dunning system is often issued in order to enforce faster undisputed claims. So anyone who thinks they have a claim can get a reminder from the dunning court.
If the debtor does not lodge an objection, the creditor cannot under any circumstances enforce it immediately, but must first apply for an enforcement order and this can only take two weeks.
The most common reason for receiving a dunning notice are bills from the mobile operator or from telephone companies. The consumer is often of the opinion that the bill is incorrect, for example too high, and does not pay it. A legal notice can then arise from a legal dispute.
The payment order is reported to the Credit bureau, which leads to a negative entry with its unpleasant consequences. A loan in spite of a payment order will then not be approved.
In most cases, anyone who applies for a loan online despite a payment order will receive a rejection. Internet banks work with an automated test procedure, which immediately sorts out a loan seeker with bad credit.
However, if the loan seeker goes to his house bank and has a personal interview with an employee before applying for a loan. Although this bank also checks the Credit bureau, the customer has the opportunity to clarify the entry and how the reminder was issued. If he can still substantiate his declaration with documents and the invoice was not lawful, a loan could be made despite the payment order.
If the reminder came but actually because of an unpaid invoice, the bank will refuse. Even if the claim has been settled, the entry remains in the Credit bureau for a full three years, with the note “completed” but still visible. Banks remain skeptical about the loan despite the order for payment.
He could invalidate the order for payment by naming a guarantor, who must, however, be solvent. This means that his income must be sufficient and his Credit bureau clean. If the loan is made directly with the guarantor despite the order for payment, the chances of credit increase.
Not only the guarantor is a credit protection, also a property or a loanable life insurance, a saved home savings contract, even a new and high-priced car can be recognized as security. The bank takes this security as a pledge and after the loan has been paid, it becomes the property of the customer again.
The loan with an intermediary
In order to still get a loan despite a dunning notice, you should pay the dunning notice before the loan application, in full. The entry in the Credit bureau will then have the note “done”, which increases the creditworthiness again. However, most banks refuse the loan because they see an increased risk of default.
Then the customer has to do preparatory work by looking for a lender who still approves a loan. A loan brokerage could help, but the customer should pay attention to its seriousness. If the mediation requires advance payment or preliminary costs or the conclusion of insurance contracts, the customer should not commission him.
A reputable credit broker prevents the customer from asking bank and bank and being rejected everywhere. In addition, the Credit bureau is damaged again by the constant rejection of credit, because every loan application ends up in the Credit bureau.
The foreign loan
For the customer, maybe the Credit bureau-free loans could be an option. This is where the credit intermediary can do a good job. It mediates between the lender and the customer, which means that even if the forecast is poor, a loan is often created despite the payment order.
The money comes from abroad, in which the German Credit bureau plays no role. The customer can practically get an anonymous loan, which neither Credit bureau nor the house bank learns of. Although the loan amounts are more like a small loan, up to 7,500 USD can still be approved.
However, the foreign banks question the public debt register. However, if the order for payment has already been noted there, the foreign bank will not approve the loan. It would have to be questioned whether a guarantee under German law applies there.