Many people are familiar with the problem: A financial bottleneck occurs and, for whatever reason, there is no possibility of resorting to savings. But if an urgent, important purchase has to be made, good advice is often expensive. But what to do if, for example, a new vehicle has to be purchased, which is needed for the way to the workplace? Or when a new computer has to be bought to be able to write applications from home? Or if a much needed holiday should be financed …?
The chances of an instant loan in the probationary period
Not infrequently, when it comes to their own financial circumstances rather bad than right, bills can not settle on time and as a result, the first reminders and at worst even collection assessments, dunning and Co. flutter into the house. This also contributes to the deterioration of the credit rating. With the consequence that the chances of an instant loan despite a probationary period are extremely unfavorable, especially in this difficult phase.
But even if one does not (yet) have such problems, it is not always easy to obtain an instant loan during the probationary period during the probationary period. The three essentials for obtaining a loan of whatever kind are the following:
– a fixed income must be proven
– the employment relationship must have existed for at least six months or be as indefinite as possible
– the interested party must be at least 18 years old
Anyone who wants an instant loan during the probationary period does not fulfill at least two of the above conditions. Aspects, however, which are of almost fundamental importance to the respective lenders. After all, they have to protect themselves in advance against possible payment defaults. An instant loan despite a probationary period is not known to be composed solely of the loan amount itself. But there are also additional costs, such as administrative fees, interest, repayment costs and so on. Accordingly, if a bank or other credit institution grants a probationary instant loan without the prospect of recovering the money in full or in addition, the company literally cuts itself into the “own flesh”. Basically, granting a loan must be considered a business with a financial background: an agreement between the lender and the borrower. As a result, the borrower guarantees to pay back the installments on the basis of an underlying loan agreement.
Consumers who are able to prove employment but are still in the probationary period may find it necessary to spend more time researching an adequate lender. The fact is that not every bank or financial institution is willing to grant an instant loan despite a probationary period. If you want an instant loan despite a probationary period, you usually have two goals: to want to have the debt as quickly as possible and, secondly, to claim a reliance on credit from the respective lender. Cost- or success-oriented providers are often quite skeptical about such a request. With the consequence that said instant loan despite probationary not even approved.
Alternatives to the instant loan during the probationary period are required
Unless it is possible to find donors who grant instant loans despite probationary periods, finding compromise solutions is essential. It is possible, for example, to ask a friend, acquaintance or family member for an instant loan despite a probationary period and to promise to start repaying the installments immediately after taking over the permanent employment contract. Of course, it is in such an instant loan, despite a probationary period on a private basis, of fundamental importance to set up a corresponding contract. Only in this way is it possible to offer the lender a kind of security and to signal that the borrowed money is actually being repaid.
Keep your eyes open while looking for a loan
Speaking of security: Under certain circumstances, such an instant loan can also be requested from commercial providers. Anyone who is able to offer adequate collateral, such as a new vehicle, a condominium or similar things, has very promising opportunities to obtain debt even during the probationary period.
Other alternatives would be debt-free loans or a so-called Swiss loan. Here, however, caution is often required, as it is not always clear in advance, who the actual providers are and whether the respective donors are not somewhere abroad. Experience shows that it is difficult to find a competent and reliable contact person in case of possible complications or delayed cash payments.