The granting of a loan from the banking side is always necessarily linked to the finances and the overall economic situation of the recipient. For a bank or a bank lends a fixed sum of money only if it can also be very sure that the borrower can repay this sum again on time. Even a bank can not make a clear statement whether the granting of a loan is actually 100% secured, but it can identify possible disruptive factors in advance and either try to isolate or completely reject the award of the loan.
A loan despite private credit and unemployment benefits is very difficult to obtain for exactly these reasons, because the lending is always tied to a high degree to the creditworthiness of the borrower. However, if the borrower draws unemployment benefits, the funds are simply not available to pay additional installments in addition to livelihood.
The negative private credit entry then does the rest, as this “proves” the borrower to the lender, so to speak, that in the past he had no lasting overview of his finances – the result was default payments and debts, which in turn are recorded in the private credit. Therefore, in the case of a loan, despite private credit and unemployment benefits, often only the way into the private environment, where the credit rating plays only a minor role.
Take note of the opportunities and risks associated with borrowing
Taking a loan despite private credit and unemployment benefits is also a chance for borrowers, but the money received should always be brought to good use, because no person can unambiguously make a statement about when unemployment ends and is regained a regular income. Therefore, taking the loan is also worthwhile in the first place if the loan can avoid subsequent fraud by, for example, paying bills on time or replacing another, more expensive loan.
A consumer credit should not be taken out during unemployment, because consumer credit can lead to over-indebtedness in the worst case, if the accrued rates can then no longer be paid punctually, regularly and in full.
With a private lender from the immediate vicinity, a delay in payments tends to be easier to cope with, mainly because private lenders often appear in the form of parents or grandparents, yet the fact that his installments can not be timely paid, even with a good deal of shame connected. So it is better to get a comprehensive overview from the very beginning by means of a budget – this also facilitates repayments later on.