Credit Despite Dispo
Most people will become credit customers almost unintentionally. Banks give them a check on their checking account, which allows them to overdraw their account. Many people fear, however, that they could cause the Dispo in a later lending problems, that a loan is difficult to obtain despite Dispo. To address this problem, there are two things that must be made clear: what is the dispo and do you want to hold this loan and get a new loan, or repay it and then take a new loan?
The loan despite Dispo: A small introduction to the Dispo
Dispo is a flexible credit line that is available at all times. Even if you have not overdrawn your account, it is there and can be retrieved in pieces or completely. The repayment of the deposit is also essentially only in the hands of the borrower. The amount of this loan is limited. The Sparkasse, for example, pursues the business policy of providing a maximum of two and a half times the monthly net income as a disposition. The other financial institutions follow a similar approach. In exceptional cases, a higher disposition may be granted, for example, to finance a car repair. In this case, either the disposition itself is increased or a one-time overdraft granted. If the posting date is too high, then a repayment with the bank can be made, that this repatriates the limit monthly by a set amount.
The loan despite Dispo under retention of Dispos
If one asks oneself whether a loan is possible despite a posting, then one has overdrawn his account mostly and does not yet think about it, the Dispo attributed, but wants an additional credit. However, the usual conditions for granting credit apply: creditworthiness and credit entry, which are mitigated by the fact that the maximum available credit limit is reduced by the MRP and the credit rating suffers from the very high disbursement interest, which is almost always double-digit. Although you can get a loan despite Dispo, but the Dispo reduces the available loan amount and may also deteriorate other conditions.
The loan despite disposition with a repayment of the Dispos
Anyone who seriously worries that a loan is not possible despite a posting, can either deliberately repatriate the MRP beforehand, which can be a long and painful process or else carry out a targeted debt rescheduling. If you need a loan anyway, you can talk to the bank that you would like to increase the available amount, so as to return the Dispo. This should then set the MRP limit to zero or a minimum amount. Most financial institutions agree, as long as you do not torpedo your maximum available loan amount. As a warning: A pure debt restructuring makes no sense. The MRP is much smaller than the minimum amount for a small loan. If you ask the bank for this money, you have to take a loan that is much too high. Even if you repay the transfer immediately by special repayment, you actually pay more, because the fees for the special repayment fall heavily. At that moment, gradual repatriation makes more sense.