BORROW MONEY ANONYMOUSLY - How it works

WHAT DOES ANONYMOUS MEAN WHEN I BORROW MONEY?

To borrow money from a pawn shop or from a private individual, you identify yourself with your official photo ID - but this is not checked against various debt registers or passed on to the authorities. This means that nobody except your lender will know that you have borrowed money. With pawn loans, your financial situation also remains completely anonymous.

HOW DO I TAKE OUT A PRIVATE LOAN?

If you take out a private loan, you have the option of being approved without disclosing your financial situation. However, this reduces your chances of being approved. If you can offer certain collateral, such as a property or similar, it is often not necessary to disclose your financial situation.

The requirements for obtaining a loan vary from platform to platform, but you should generally fulfill these points:

• You are at least 18 years old.

• You have regular income from self-employment or employment.

Proof of creditworthiness or salary can increase your chances of being approved. You can find a comparison table with all current providers on financer.com.

WHEN IS ANONYMOUS CROWDFUNDING AN OPTION FOR ME?

Platforms such as gofundme also support anonymous appeals for donations in certain cases. However, this only applies to certain topics such as

• Medical

• Emergencies of all kinds

• Commemorations

• Educational support

• Nonprofit organizations

HOW DO I BORROW MONEY ANONYMOUSLY FROM A PAWNSHOP?

When you take out a tangible asset loan at a pawnshop, you simply deposit an item as collateral for your loan. This is stored in the video-monitored and insured warehouse and will be returned to you once your debt has been settled.

Important: You are not personally liable for a CASHY pawn loan, which is why your financial status is not checked or entered in debtor registers such as the KSV. CASHY lets you see online how much credit you can get for which item.