In any case, an unemployment loan will only be granted after a review of the situation and should only serve the purpose set out in advance. These loans have very favorable conditions: The monthly installments are not interest-bearing and adjusted to the solvency of the unemployed. With our free online loan application, we offer you many attractive options, so you get your desired loan quickly, easily and inexpensively. The fixed salary for employees or civil servants is the most important security for banks.
Loans for the unemployed
If you decide to sign a new loan contract during the unemployment period, you have to be careful. Many suggestions are addressed to unemployed debtors who find it difficult to obtain a corresponding amount. Advertising advertises the loan for the unemployed and gives the appearance that it is easy to borrow without any salary. In many cases, the loan application will then incur compulsory costs or, in addition to the loan, further financing products will be sold (eg a home savings contract).
In these cases, the loans are usually never paid, but the consumer will receive the already paid processing fees or additional products. Dubious credit brokers have made the often hopeless unemployed into a business model. However, if there are no returns, other collateral can help to approve a loan.
The agency may also provide a loan for work. If you have no pawn income, you usually have no prospect of an installment loan. The risk of a default on receivables is too great for here. However, if the potential unemployed loan applicant has the opportunity to lend the loan with a second person, the opportunities increase.
Of course, this guarantor, or even competitor, should of course have a garnishment income. The income of the second person is for the house bank so the lack of protection, the actual applicant can not show due to his unemployment. In this case, as a lender, either the insurance company can act directly or indirectly as a bank branch.
Loan from current income must be possible
On a case-by-case basis, the principal bank decides what security is ultimately sufficient for which loan amount. You can submit your credit application free of charge to the individual banks via our application form. However, a plus that the Lite lender offer in contrast to the Germans, the additional security. The use of a loan from current income must be possible in the Federal Republic.
The National Bank can not confiscate unemployment benefits in the Federal Republic of Germany (because this is the basic insurance that is invulnerable in this country), but Lite lender financial institutions often appreciate this more. A loan from a foreign bank is often promoted as a miracle cure. A reputable financial institution will be involved in disbursing loans regardless of the location of the principal bank only if easy repayment is highly probable.
Often, the focus is on Lite lender or Capital credit institutions. It is a pure credit bureau, on whose information the foreign credit institutions have no access. So if you have difficulties with the Credit bureau, you can count better abroad. In the case of final borrowing, this new offer will not affect the Credit bureau scoring.