🇩🇪Germany

Bußgelder für unzulässige Kreditvermittlung

3 verified sources

Definition

Loan brokers must hold licenses under § 34i GewO for real estate loans and § 34c GewO for other loans, including creditworthiness assessments. Non-compliance results in fines as administrative offenses. CCD2 implementation mandates stricter creditworthiness checks, increasing non-compliance risks.

Key Findings

  • Financial Impact: €5,000-50,000 fine per violation (typical range for administrative offenses under GewO)
  • Frequency: Per incident, ongoing until licensed
  • Root Cause: Manual processes lack automated license and compliance checks before credit pulls

Why This Matters

This pain point represents a significant opportunity for B2B solutions targeting Loan Brokers.

Affected Stakeholders

Broker Owners, Compliance Managers, Credit Analysts

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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