When rejects the Sigma Kreditbank? In fact, Sigma Kreditbank rejects a lot of credit applications due to insufficient income and negative records in the debtors' register. But there are countless more reasons for Sigma Kreditbank credit need rejection. In this post you will find all the reasons why Sigma Kreditbank might reject your credit application.
Summary of the article "When does the Sigma Kreditbank reject?"
Konto-Kredit-Vergleich.de therefore calculated the following minimum incomes for the Sigma-Kreditbank loans. Since the garnishment exemption limits depend on the maintenance obligations, this was also taken into account here.
When does the Sigma Kreditbank refuse? If you don't have any maintenance obligations, you need an income of more than 1,514 euros in order to be rejected for the 3rd time.500 € credit to avoid. If you have 5 or more maintenance obligations, you need an income of at least € 3,219.
This is the absolute lower limit of minimum income for the loans of Sigma Kreditbank. Depending on creditworthiness, the required minimum income of Sigma Kreditbank is probably 200-300 euros above the listed values. At least are therefore rather 1.600 - 1800 Euro net required, to obtain the 3,500 euro loan.
Sigma Kreditbank increases the required minimum income for the loan regularly
On the Internet you can find many other minimum income for the loan of Sigma-Kreditbank. More often you can find details of minimum income above 1250 euros or 1350 euros or even lower values. These are outdated values due to the regular increase in the minimum income required.
Sigma Kreditbank uses the budget calculation to check whether you have enough money available to pay the loan installments. The freely available amount should be higher than the monthly installment of the loan.
You need the following freely available amounts for the Sigma Bank loan:
At least freely available
3.500 Euro credit
5.000 Euro credit
7.500 Euro credit
When does the Sigma Kreditbank reject? If you have less than 150 euros for the 3,500 euro loan, 200 euros for the 5,000 euro loan or 280 euros for the 7,500 euro loan left at the end of the month, the rejection will follow.
3. rejection, as no employee
Sigma Kreditbank grants loans exclusively to Employees. Self-employed, freelancers, students, unemployed, housewives, etc. do not receive a loan from Sigma Kreditbank.
4. employment too short
If you have been with your employer for less than 12 months, Sigma Kreditbank will reject the loan
Permanent permanent employment that has been continuous for at least twelve months is another requirement you must meet for the Sigma Kreditbank loan. This reports the Sigma Kreditbank in the Frankfurter Rundschau.
The Sigma Kreditbank also closely checks the credit rating
In the Sigma credit bank you can get a loan without Schufa. What is often hidden about loans without Schufa, however, is that it is by no means a loan without a credit check for everyone. Sigma-Kreditbank also checks your income and the entries in debtor lists. bon credit* has credit alternatives in difficult cases.
5. temporary employment
Employees with a fixed-term employment contract usually do not receive a loan from Sigma Bank. However, there are some exceptions. If your employment relationship has existed for more than 12 months and the fixed term is longer than 40 months, the credit chances are good. However, since most fixed-term contracts are shorter than 40 months, it can be said that a fixed-term employment contract is usually a reason for rejection.
6. too old or too young: 70+ or U18
Older people also go empty with Sigma Kreditbank. Loans are possible for pensioners up to 70 years. Employees, on the other hand, only receive a loan from Sigma Bank up to the age of 65. Even in early retirement, however, a loan through Sigma Bank is still possible. Corresponding applications of these are individually reviewed by Sigma Kreditbank. Loans for pensioners you can find in this post.
Of course, for the Sigma-Kreditbank loan you must also be of legal age. The bank does not lend money to minors.
7. rejection due to wage garnishment
The Sigma Kreditbank will ask if you have a wage garnishment. If you already have a wage garnishment going on, they will reject you. If you're thinking about misstating: don't. Because a wage garnishment is usually entered in the debtor's record as a negative entry. So the Sigma-Kreditbank will find out quickly anyway. Set up instead P account and have a look at these P-Konto Tricks at.
8. assignment of wages or salaries
Sigma Kreditbank rejects the loan application in the case of a wage assignment, because the bank in the case of a Assignment would hardly stand a chance of successfully collecting loan installments that had fallen into arrears. This risk is too great for the Sigma-Kreditbank.
What is a wage assignment?
In a wage or salary assignment, an employee assigns the attachable portion of his or her income to a lender. By doing so, the employee transfers the right for a lender to access his or her income if he or she defaults on an installment. Unlike garnishment, no enforceable title is required for wage or salary assignment.
What is the purpose of a wage assignment?
Thus, an assignment of wages serves as collateral for a loan. If the borrower fails to meet his debts, the bank claims the money from the employer without having to go to court.
Sigma Kreditbank queries public debtor lists at the local courts. If there is an entry for you in the debtor directory, you will receive a rejection from Sigma Kreditbank.
When is there an entry in the debtor's register?
The debtors' register is a register at each district court where debtors are recorded,
who have not submitted a statement of assets,
for which enforcement would not be promising, or
who cannot demonstrate full satisfaction of creditors.
Sigma Kreditbank and other creditors may consult the debtors' register in order to check the creditworthiness of debtors and thus protect their interests.
Entries in the debtor directory are deleted again after 3 years. Schufa also uses the debtor directory to calculate your score. If the data has been transferred to Schufa, longer deletion periods apply for this.
Irrelevant today: More than 10 sick days
Sigma Kreditbank used to have rules that no more than 10 sick days (80 hours) could be listed on the current pay stub. Sigma Kreditbank also stopped granting credit for more than 32 hours of short-time pay. However, these rules no longer exist in 2023. If your income is sufficiently high, you can get a loan from Sigma Bank even if you have more than 10 sick days or even if you have Receiving sick pay a credit apply for.
Sigma Bank loan agreement received and then you still get a rejection?
Most loan applications at Sigma Kreditbank are processed via credit brokers such as bon credit* or Maxda* on.
The providers carry out an internal preliminary check and then forward the loan agreement to Sigma Bank for final review. You will receive a loan agreement from Sigma Bank to sign in advance. However, as this contract has not yet been countersigned by Sigma Bank, it may still be rejected. See also the article, Loan agreement signed can anything still go wrong?by declaring a refusal despite the credit agreement.
Conclusion: When does the Sigma Kreditbank reject?
Even though Sigma Kreditbank gives a loan without a Schufa check, it doesn't mean that the bank doesn't do a credit check. You need not only a Income of at least 1,600 eurosnet out of permanent jobbut also have to go through a positive budgetary accounts Be able to prove that you can afford the loan.
In addition, your Employment relationship is at least 12 months already exist and the probationary period must be over.
If you Temporarily employed If you are a temporary employee, the term must be longer than the credit period. Since this is 40 months, people with fixed-term employment are usually rejected.
People over the age of 70 (and of course under the age of 18) are also denied credit with Sigma Kreditbank. Other reasons for rejection of the Sigma Kreditbank are Wage garnishments, Assignment of wages, ongoing insolvency proceedings or a negative entry in the Debtor register at the district court.
How useful was this post?
Click on a star to rate it!
Average rating 5 / 5. Vote count: 1
No votes so far! Be the first to rate this post.
We are sorry that this post was not useful for you!
We use technologies such as cookies to store and/or access device information. We do this to improve the browsing experience and to display personalized advertising. If you consent to these technologies, we may process data such as browsing behavior or unique IDs on this website. If you do not give or withdraw your consent, certain features may be affected.
Functional Always active
Technical storage or access is strictly necessary for the lawful purpose of enabling the use of a particular service expressly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a message over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that have not been requested by the subscriber or user.
The technical storage or access, which is carried out exclusively for statistical purposes.Technical storage or access used solely for anonymous statistical purposes. Without a subpoena, the voluntary consent of your Internet service provider, or additional records from third parties, information stored or accessed for this purpose alone generally cannot be used to identify you.
Technical storage or access is necessary to create user profiles, to send advertisements, or to track the user on a website or across multiple websites for similar marketing purposes.