If you want to take out a personal loan as a self-employed person, it is not always easy. Because banks often require a fixed employment relationship with a regular income to lend.
Since most self-employed people cannot prove this, the credit institutions will either not grant the personal loan at all or will charge it with a risk rate. And this makes the loan project significantly more expensive.
Even if the same or even higher income from self-employment than an employee receives, the loan cannot be granted on the same terms.
If you do not want to bear the high costs, you should look for loans on the credit market that are specifically based on the requirements of the self-employed. The personal loan for the self-employed is managed by some banks in the product range. Here too, digitization has made it easier, as many credit providers have offers for the self-employed on the Internet.
It is characteristic of the loan that the income that is earned from self-employment is considered as money for the loan repayment. Income must be proven, often over a long period of time. Usually the last income tax notice and the penultimate one must be submitted, this should not be an obstacle, but serves your own security. In addition, many credit institutions will require that the loan be secured, for example through a residual debt insurance or through a life insurance, but these requirements are also intended for the security of customers. Many guidelines are looser online and credit institutions require less evidence. Comparing is worthwhile if you want to keep the effort within limits.
With our loan comparison you will find the best loan for the self-employed
Those who meet the requirements of the credit institutions can quickly get the loan for the self-employed. But the admission should not take place without research, because the market offers very different offers. Compare the offers closely to find the cheapest loan. Various loan providers are wooing customers. Here, the Internet has created an advantage for customers: You can compare the credit institutions directly with one another. So you can quickly see who has the cheapest offer. Some providers are very inexpensive, others rely on speed and simplicity. Analyze exactly what is more important in your situation.
A credit comparison for the self-employed can help:
- which banks offer loans to the self-employed
- which are the best conditions
- which banks have to meet which requirements?
- what services are offered with the loan
It should be a goal for every self-employed person to take out a loan with the lowest costs. Since the credit cost margin for the self-employed is strikingly high, the loan comparison is particularly worthwhile and you will find out which banks can offer the special loan for this group of people. This can save costs. On the other hand, the loan interest rates also differ greatly from each other for the specially marked products.
The comparison calculator specifies which conditions apply to your own loan project, which are based on the loan amount, the term and the credit rating. In addition, the services of the banks are also presented, so that the loan seeker can recognize which banks, for example, can repay the loan prematurely without incurring additional costs, etc. All these points should be taken into account when deciding which bank to use for the personal loan Self-employed will be included.