If such a guarantor is found, you can also take out a loan without permanent employment. You can take out a loan. Probably only with a loan shark. And how do you want to repay the loan? Existing Credit Bureau (Germany) or KSV (Austria) entries complicate life even more than it already is for people without a permanent job.
Borrowing – without employment
I do not have a job right now, but I want to borrow one by the end of the month. I do not have a three-month salary. You can take out a loan. Probably only with a lending shark. And how do you want to pay off the loan again?
Why do not you postpone your loan application until you get your order? You may not need a loan and can pay everything out of your money. Remember that you can get into a vicious circle. No reputable institute will grant you a loan and of those who would give you something, I would put my hands in my lap because, as I said, they are not decent!
And then only the loans, where you can break all his bones, if you do not pay.
A loan for the unemployed is the right answer?
If you are looking for work and are eligible for unemployment benefits in the event of unemployment, you may not have the means at every step. Furniture, home appliances, cars, travel, unpredictable repairs – there are many things that you can not necessarily afford without a regular salary. Unemployed people generally do not find it easy to get credit for the unemployed.
However, one of the most important prerequisites for good lending is regular income. Job-seeking consumers with credit requests must therefore submit other securities, otherwise it is almost impossible to get a loan from a reputable service provider. If the borrower can no longer pay his loan installment, the guarantor is obliged to bear the obligations.
Good guarantors are people who are themselves creditworthy, ie of legal age, resident in the Federal Republic, have a regulated remuneration and no negative contribution of the SHUFA. Of course, the latter also applies to the borrower himself. However, both the Borrower and the Guarantor should carefully assess the guarantee in advance and provide the terms for any repayment in the event of a true demand for payment from the Guarantor.
Look for vendors who want to grant job seekers a loan without security. These are dubious deals where consumers have to pay first and end up not getting the loan amount they want. Financial market experts advise against granting a loan to the unemployed. An extension of the term or lower monthly payments is not required by the credit institutions in such cases.
Professionals recommend jobseekers to lend only if the loan amount is urgent and the unemployment rate is over in the foreseeable future. You have the following options: As you can see, it is not quite so hopeless to have a loan for the unemployed. However, unlike employees, officials and employees, they must provide proof of safety.
In addition, the house bank demands a pure and strict regulation of the Federal Financial Supervisory Authority and is much more strict here than with applicants who have regular income. Nonetheless, there is the possibility of getting a loan for the unemployed. Note, however, that you always need a security or guarantor.