Month: November 2019

Available credit after the trial period.

by admin

After passing the trial period, you have finally arrived at your employer as a new employee. Being a full member of the team gives you the good feeling of real job security. For many, the time has come to look confidently into the future again and treat themselves to something.

The credit after the probationary period is considered the earliest time to finance the use of the creditworthiness gained through earned income. At this point our guide would like to pick you up. Find out how to find low-interest loans after the trial period, when difficulties arise and what alternatives are available.

Credit after the trial period - finally low-interest loan

Credit after the trial period - finally low-interest loan

Every change of job is always associated with a trial period. Employers and employees may give notice at short notice and without giving any reason within the agreed trial period. There is no legal notice period. For this reason, the credit after the trial period is the earliest time to borrow from a regular credit institution.

Interested creditors can expect the cheapest interest rate for online loans. The loan comparison calculator of the countless comparison portals shows which loan provider is currently making the cheapest offer for an installment loan. Their operation is almost standardized and very simple. Just enter the desired loan amount, choose the term and the list sorted by effective interest is built up.

Unfortunately, the discovery of an interesting loan offer does not automatically entail simple, secure loan approval. Problems can even arise for employees outside the probationary period who have no negative entries at credit bureau.

Read credit terms - it's not just the probationary period that counts

Read credit terms - it

Just looking at the interest rate is not enough immediately after the trial period. There is no set period of time for how long the rehearsal lasts. A 14-day trial may have been agreed in the employment contract, as well as 6 months. In addition to the probationary period passed, the actual employment time with the employer and the type of employment contract count for the lending.

With regular loan offers, a minimum employment period of six months is usually expected. Some banks may also have a minimum term of 12 months or even 36 months in the credit terms. It is also crucial for easy lending that the trial period ended in an unlimited employment relationship. A temporary contract does not qualify for permanent proof of a secure income, even though it is preceded by a trial period.

Creditworthiness often depends on the employer - freedom of contract for credit contracts

Creditworthiness often depends on the employer - freedom of contract for credit contracts

Further problems for the uncomplicated loan after the trial period can lurk when entering the job and due to the employer's business model. Young professionals often only get the significantly lower starting wage. Your income is not necessarily sufficient to exceed the seizure allowance to a sufficient extent for lending.

The choice of the "wrong" employer can also be fatal. The legal freedom of contract allows credit institutions to freely structure their conditions. For example, permanent employees at temporary employment agencies are often at a disadvantage.

The freedom of design with regard to the applicant's employer often leads to more favorable interest rates for public employees. Temporary agency workers, on the other hand, often have the freedom to contract, which excludes the granting of credit.

Special Loans - Loans without credit bureau after the trial period?

Special Loans - Loans without Schufa after the trial period?

In many cases, when you start your career or change jobs, a long financial losing streak comes to an end. Especially after long periods of unemployment, credit bureau does not always show contractual handling of payment obligations. It is not uncommon for smaller sums to result in a negative entry. In this situation, employees almost naturally associate hope with the loan after the trial period to get their finances in order.

A loan without credit bureau after the trial period, in the amount of 3,500 USD or 5,000 USD, seems to bring the solution. This loan solution, which is only legally offered to Germans by a credit institution, is advertised with the most adventurous buzzwords. Immediately after the trial period, regardless of the advertising slogan, intermediary or direct application, there is no prospect of success. The coveted credit bureau-free special credit can be granted at the earliest after 12 months in the job. For a loan of 5,000 USD, it would even be 36 months.

Post-trial credit - problem solving private lenders

Post-trial credit - problem solving private lenders

Credit institutions "sell" money for interest. Commercial financial institutions are not really free to decide who to grant credit to after the trial period. The legislator specifies minimum requirements for credit security. In addition, pressure from the Cream Bank is affecting internal lending rules. Low interest income leaves little scope for potential risks. Difficulties with loan requests are therefore often preprogrammed, even if, subjectively speaking, all the requirements were met.

The solution to the impending credit crunch could be a post-trial loan from small private investors. Private investors are not affected by the legal framework for banks. In the case of difficult credit requests, private investors can react much more sensitively than regular credit institutions. You are only responsible to your own conscience.

The investment in partial financing of a private loan pays off, in contrast to the “supposedly” safe investment in the savings book. A loan after the trial period via Good Finance or Best Lender is also not a big risk, as is the case with stock speculation.

Overall, loans from private to private offer good prospects for lenders and borrowers to achieve individually set goals.

Bank offers Home Renovation Loan.

by admin

 

A loan for the home renovation can be taken out by tenants, landlords and homeowners. If tenants want to take out a loan for the home renovation, they should always agree structural changes with the landlord in advance. The landlord may also insist that the changes be reversed after the move. Loans for home renovation are given by various providers.

Use home loan for home renovation

Use home loan for home renovation

If you want to renovate your apartment, you basically have the option of taking out a loan from your building society. Since the renovation of an apartment can be counted for residential purposes, there are also loans from the building society. Loans from building societies are often cheaper than other loans, which is why it is definitely worth asking here. In some cases, funding from the Cream Bank is also possible. Cream Bank, grants loans for companies worthy of support. Prospective borrowers can find out directly from Cream Bank whether their own project falls within the area eligible for funding. Since Cream Bank's loans are usually very cheap, prospective creditors should definitely check whether funding is possible. Funding from the Cream Bank is often possible if the renovation can improve the energy efficiency of the home.

Use installment loan for home renovation

Use installment loan for home renovation

Interested parties can also get a loan for the home renovation from the local branch banks and the direct banks on the Internet. Many banks grant a home renovation loan on fairly favorable terms if the borrower is the owner of the apartment. If the prospective loan holder is the owner, the bank can use the apartment as security if the loan installments fail to appear or the borrower becomes insolvent.

Potential borrowers should also take a look at the various online banks. The online banks operate a consistent cost control system and, for example, do without expensive branches. For this reason, direct banks can usually offer their products at somewhat more favorable conditions than many branch banks.

If you want to take out a home renovation loan, you should note that banks often set clear conditions for their borrowers. This applies in particular to online banks. Online banks are often very cheap, but they also make sure that the prospect meets certain conditions. This usually includes a fixed income from a non-self-employed activity. In addition, the applicant may no longer be in the trial period.

If the income is sufficiently high and the prospective customer can also provide positive Credit Bureau information, nothing stands in the way of applying for a loan. Branch banks also have guidelines for lending, but prospective borrowers who are self-employed, for example, may be able to better explain their economic situation in a personal interview.

Compare loan offers

Compare loan offers

If you want to take out a home renovation loan, you should get several offers and compare them. What is the APR? Are special repayments or early loan repayment possible? And what happens if you want to suspend payment by installments? Such questions should clarify prospective creditors when comparing credit. Anyone who has found the right offer should then apply for the loan for the home renovation.