The return debit is a technical term. If this takes place, the financial institution withdraws a debit from the bank account that has already been made. The return debit is sometimes due to insufficient funds in the bank account used for the debit. Underfunding signals a lack of liquidity – an alarm signal for financial institutions. The account holder affected by a direct debit can often feel the aftermath for a long time.
Return debit: signal for risk expansion
Trading money is a sensitive business. Anyone who lends money raises their yield premium in the form of an interest rate. If increased risks can be identified, this is not least reflected in the higher interest rate. From the point of view of the financial institutions, the fact of a return debit is a classic case of increasing the risk of lending. Banks then speak of a deteriorated “credit scoring”, ie a lower credit rating of the customer. Problems can arise if an affected account holder presents himself with a loan application after such an event.
Credit possible despite return debit
In the more favorable case, the loan applicant is faced with an increased interest rate due to the negatively noted incident, which is due to his worsening scoring. However, it can also happen that the loan application is completely rejected. In this case, two alternatives are recommended.
Experience has shown that, despite a direct debit, the loan is less problematic for private investors. Portals that specialize in loans from private individuals have become established on the Internet. How it works: Register and then save a personal request profile for the loan on the platform. One or more interested donors can provide the loan, which is then paid out for a fee under a loan agreement.
As an alternative, a loan without Credit Bureau query can be used. Swiss banks have specialized in such credit transactions up to a maximum of $ 3,500. Assuming a demonstrable, permanent employment contract with regular income that has existed for at least 12 months, the loan can also be made in this way despite the direct debit.