Getting the desired installment loan for unemployment can be the easiest thing in the world or almost impossible. Even being able to correctly assess the loan options helps to find the possible installment loan and saves disappointments.
Installment loan for unemployment – it’s that simple
In some professions, regular short-term unemployment is inevitable. Roofing would be a profession that depends on the weather. If long-term installment loans were excluded for these people, all roofers would walk and live in a rented apartment. The installment loan for unemployment is normal for most providers for the weather-dependent business. As certain as short-term unemployment comes, overtime over the course of the season is as safe.
In addition to the usual job description, a lender also looks at other factors when lending. The ALG 1 must be able to carry the installments safely in bad weather. In addition, the borrower should have demonstrated over a long period of time that he can handle his money. A look at the checking account reveals a lot about the payment behavior of the applicant. The clerk does not want to see chargebacks due to insufficient funds or a permanent overdraft. Regardless of the salary account, as with almost all credit requests, the Credit Bureau information must of course be pure.
Installment loan with ALG 1 without a specific job prospect
Not everyone affected by unemployment only has the problem of seasonal restrictions. In these cases, too, an installment loan for unemployment remains possible. However, based on ALG 1 only, the credit opportunities are drastically limited. A short-term installment loan from a mail order company remains possible without the help of friends or family.
Mail order credits are used to promote sales. In the interest of sales, the bar for lending is set as low as possible. Mail order house loans generally have a very short term, which is usually still covered by the remaining duration of ALG 1. In this case, only the Credit Bureau must be clean and allow the amount of ALG 1 to be repaid.
A small loan from an online provider would also be conceivable. Again, the simplified credit check process improves credit opportunities. However, not everyone can enjoy the desired small loan without help. A solvent guarantor can become indispensable for approval.
Credit from private
The private loan, without following the rules of the established banking system, offers loan offers to people who do not get a normal loan. Contact with private donors can now be easily established via the Internet.
The installment loan for unemployment via one of the two market-leading platforms is particularly promising. A clean Credit Bureau is also an advantage here, but not an absolute requirement for a microcredit. Even in ALG 2 – there are – from private – credit opportunities.