Loan for agency workers – who grants it?
The structure of the German labor market has changed drastically in recent years. Temporary agency work, which is often referred to as temporary agency work, has increased dramatically because the salary costs for this workforce are significantly lower for companies. But this already describes a problem for those affected: Loan for agency workers is difficult to obtain.
The problems with a loan for agency workers
Your own credit rating is decisive for the question of whether you get a loan or not. This depends essentially on the amount of income and the question of whether you can draw it permanently. The loan for contract workers is sick at both points: the income is not particularly high and, compared to the normal hired colleagues, is very low, and they can simply be sent home. For this reason, there is no guaranteed income in the medium term. The result is that the credit rating is poor, which in turn means that a loan is much more difficult to obtain.
The loan for agency workers as a normal installment loan
However, it is not impossible. Some banks offer special loans to agency workers who can get them if they meet certain conditions, such as minimum wages or duration of agency work. Anyone who has worked in a temporary agency contract for years is so good, at least in the logic of the credit market, that it will remain in the long term and thus actually has a medium-term income.
You can also convince normal banks of a loan for temporary workers: The following applies: The guarantor brings. Any bank’s fears that a loan could burst can be easily dispelled by simply presenting a guarantor with sufficient creditworthiness who is liable for the loan should you fail to repay normally.
The loan for agency workers: way out loan brokers
If you should not be able to find a loan for temporary workers yourself, you can contact a credit broker who will provide you with this loan. Credit brokers are brokers. This means they bring providers (in this case the bank) and customers (in this case the agency worker who needs a loan) together. Since most people have little problem getting a loan, credit intermediaries have become experts in particularly difficult cases. A agency worker has a very good chance of getting his loan. However, the credit intermediary does not work (for free), which of course makes the loan more expensive.