At Don Quixote, you can apply for a mini loan without negatively affecting your Schufa score. Fear of rejection by the reason of your score? If you have an average Schufa score, it is still possible to apply for a non-binding mini loan. Based on the data provided by you, we use our software to calculate whether you can repay your chosen loan in good time. Should it be that you still want to renounce the application while applying for your mini-credit, you can cancel it for free.

The advantages

  • Money can also be borrowed with a Schufa entry
  • Apply for a non-binding loan
  • No effect on your Schufa score
  • no hidden costs
  • No preliminary costs

 

 

Schufa score and your credit rating

 

 Schufa score and your credit rating

To qualify someone for a loan, banks look at the creditworthiness of the borrower. For this, the Schufa score is considered. This is calculated by the Schufa (protection association for general credit protection), based on your general information and financial data. These include, for example, the opening of checking accounts, loan agreements, installment loans, mortgages, mobile phone contracts, guarantees and much more. This will then associate a risk percentage and a letter. If your score is between A and C, you are creditworthy and can apply for a loan without any problem. Is your score D or lower? Then you will probably be rejected because the risk to the bank is greater. With Don Quixote, you do not have to worry about it and you can submit a schufaneutral request. We use our own software to calculate how creditworthy you are. So you can also apply for a mini loan with an average Schufa score.

 

Borrow money with Schufa entry: how does it work?

 

 Borrow money with Schufa entry: how does it work?

When you apply for a mini-loan for the first time, you will show how much you want to borrow and for how long. Our loan calculator calculates the costs for you so that you know how much you have to repay at the end of the term. You can also specify how fast you want to get the money into your account. With our super deal, you have the money in your account within 24 hours .
Then enter your data. Based on this data, we use our software to calculate whether you can repay your loan. This is calculated in just 60 seconds. Once your application is approved, we only need a few more documents to verify your information. This can be done easily and securely via Verify-U. Once we have received your verified information, you will receive the money in our account within 24 hours with our Super Deal.