Credit for trainees
Anyone who can remember their training time can also remember how short the training salary was. With the low income, only small wishes could be fulfilled. Large purchases either had to be foregone or it took a while for the money to be saved together. Many trainees feel the same way today and are considering taking out a loan for trainees. The conditions of the bank are often very favorable for a loan for trainees. The bank wants to avoid an excessive monthly charge and grants the loan at a very low interest rate.
Financing your training? Take out a loan
The monthly installments should not go too long so that the financial burdens are not too great. The amount that is raised should be kept as small as possible so that a loan does not have to be paid off over years. Anyone who wants to apply for a loan for trainees should think carefully about whether the money is really urgently needed and what they have to do to get the loan. Credit comparisons can help here! The applicant obtains various offers from the banks and can thus see which conditions are the best and where the most money can be saved. Trainees have a secure income throughout their apprenticeship so that it can serve as security and tell the bank that the loan can be paid back in small installments. The interest rate will be set and will not change during the term. In this way,
What requirements do I have to meet as an apprentice?
Since the money that a trainee receives is not very high, there is often little security to take out a loan for trainees. Some banks are willing to grant a trainee a loan for trainees. There are some prerequisites to get the loan. It is important to provide a guarantor who can be a parent or a friend. The guarantor must have a fixed income and be prepared to pay the installments in an emergency. Those who already have their own car can also deposit the vehicle registration certificate with the bank as security or life insurance with a relatively high surrender value. If the applicant is a minor, he needs the signature of his parents or the guardianship court. The bank requires submission of an apprenticeship contract or the latest payslips to ensure that the applicant is really a trainee. In addition,