There are loans for almost every professional group. With regulated income and a positive balance of payments at private credit checker, consumers have no problem with a loan approval. Unfortunately, there are professional groups, because it does not look rosy with a loan, despite a good credit rating. This means freelancers and the self-employed, who hardly get a loan approval due to their uncertain financial situation.
Despite all reservations, there are banks that support a loan for freelancers and the self-employed. These are only a few, but also pure online banks, such as the Bank, are open to a loan for freelancers and the self-employed.
What does a freelancer or self-employed need?
A salaried employee or worker who needs proof of his or her income needs a certificate of earnings from his employer, which he must present to the bank. If a loan is applied for online, the banks also require a copy of the employment contract. Of course, a freelancer or self-employed person does not have such documents. As proof of his income, a profit and loss account and the last tax assessment must be presented. For higher sales, a balance sheet must be submitted.
If there is a business start-up, a loan for freelancers and the self-employed may be considered by the intrasavings bank. To do this, however, the loan seeker must submit well-founded documents to their house bank, as this is the only way to establish contact with intrasavings bank. A direct interview is not possible. If the house bank gives the green light to the business project, the chances of getting a loan from the are not bad.
Is there a private credit checker review?
Of course, the private credit checker is also checked by a self-employed or freelancer before lending. If possible, negative entries should not be available there, otherwise the loan approval will be bad. Nevertheless, a loan can be possible under certain conditions. If a guarantor is found, the bank could agree to a loan agreement because it is liable for the loan. The prerequisite for this is a flawless private credit checker and a regular income. This step should be carefully considered, because if the borrower does not pay, the guarantor has to take over the remaining installments of the loan. This is why this type of lending is one of the most unpopular.