In our guide, everything revolves around the topic of credit despite probationary period. You will learn what you should pay attention to if you want to take out a loan within the probationary period and which provider is the best. With the help of this information you can realize your credit wish and avoid expensive mistakes.
1. Things to know about credit despite probationary period
Many people need a loan when starting a new phase of life. This is the case, for example, when you start a new job or change your employer. This situation is often associated with a move to another city or a new car is needed to be able to manage the way to work. So there are many reasons why employees who change employers or start a new job need a loan.
But is it at all possible to take out a loan during the probationary period?? Basically, the probationary period is there for the employee and employer to get to know each other better and decide whether the joint cooperation has a future. Unless otherwise agreed in the employment contract, the notice period within the probationary period is 14 days. The employment relationship can therefore be terminated at very short notice by both the employer and the employee within the probationary period.
For banks, it is a great risk that the employment relationship within the probationary period can be terminated at very short notice. In the worst case, the employee is terminated during the probationary period and is unemployed. Due to unemployment, the loan can no longer be repaid and the bank is left with the debt. To prevent this from happening, the credit guidelines of many banks prohibit granting a loan within the probationary period. Whether it is nevertheless possible with certain banks such as the Sparkasse, Targobank or Postbank to obtain a loan despite probationary period, you will find out in the next section.
2. Credit despite probationary period at Sparkasse, Postbank, Targobank and Co.
Most banks advertise with an uncomplicated granting of credit. In reality, however, it looks different. Before you can get a loan from a bank, your economic situation is closely scrutinized. Your current employment relationship will also be checked on the basis of your salary statement or your employment contract. If it turns out that you are still in the probationary period, you will not receive a loan from a traditional bank such as the Sparkasse, Postbank or Targobank.
So it is not possible at the Sparkasse, Postbank, Targobank or any other credit institution to take a loan despite probationary period. The credit guidelines of the banks prohibit it. Fortunately, there is a clever alternative for all concerned, with which you can get a cheap loan. You can find out exactly which alternative this is in the following section of our guide.
3. This is the best provider
Before we show you how you can get a cheap loan within the probationary period, we still have an important tip for you. As already mentioned, you will not be able to get a loan from a traditional bank like Sparkasse, Postbank or Targobank. However, banks do not do this because they do not want to give you money. Rather, this measure serves to protect customers. If you do not pass the probationary period, you may no longer be able to afford the monthly loan installment and there is a risk of over-indebtedness. Consider well in advance whether you really need a loan.
Basically, there are different providers where you can get a loan despite probationary period. Since we have received many letters from readers of our financial portal on this topic in the past, we were able to compare numerous providers with each other. The best impression has left the loan provider Auxmoney. More precisely, Auxmoney is an Internet portal that specializes in lending in difficult cases.
So you can get a cheap loan from Auxmoney if you are still in the probationary period. In addition, Auxmoney also offers a loan if you have, for example, a temporary employment contract or a negative Schufa entry. At Auxmoney you can design your loan completely flexible. You can borrow a loan amount of 1.000 EUR to 50.000 EUR and also benefit from a favorable interest rate starting from 2.8%.
The credit application is also very customer-friendly regulated at Auxmoney. First, you specify the loan amount you need and for what purpose the money is intended. For example, you want to balance your current account, move or buy a new car. If you have provided all the information, your credit request will be reviewed and private lenders will then provide you with the required loan amount. Mostly the required loan amount is reached within a few minutes and you get the money within 24 hours transferred to your checking account.
In summary, Auxmoney is an excellent choice if you need a loan within the probationary period. At Auxmoney you benefit from a favorable interest rate and can design your loan request completely flexible. In addition, the loan application is very simply regulated and the required loan amount is quickly paid to your checking account. That Auxmoney is a very good choice is also confirmed by the TuV and Germany's largest customer rating portal with 4.8 out of 5 possible stars. Apply now for your loan at Auxmoney and fulfill your credit desire within the probationary period at particularly attractive conditions.
Credit from Auxmoney
Credit possible despite probationary period
very favorable interest rate from 2.8
Loan amount from 1.000 EUR up to 50.000 EUR
very high customer satisfaction
to the loan from Auxmoney
4. Credit in spite of probationary period and temporary employment
In this day and age, employees are less and less likely to receive a permanent employment contract. Many people therefore ask themselves the question: whether it is possible to take out a loan even with a fixed-term employment contract within the probationary period? Unfortunately, this is not possible with a traditional bank such as a savings bank, Postbank or Targobank. Nevertheless, there is a very good alternative for all concerned to get a cheap loan.
As already described above, Auxmoney specializes in lending in difficult cases. This means that you can get a loan at Auxmoney even if you are still in the probationary period and have a temporary employment contract. Of great advantage is also that Auxmoney offers a high degree of flexibility. You can get a loan amount up to 50.000 EUR received and at an interest rate starting at 2.8%. So if you need a loan, although you are still in the probationary period and have a temporary employment contract, then Auxmoney is highly recommended.
5. Credit probation period conceal
In many Internet forums, the question is asked whether it is allowed or not. it is possible to conceal the probationary period when applying for a loan. For this you should know that when applying for a loan the salary records are checked. There is usually an entry date on the pay stubs. The entry date indicates at what time you started with the new job and the bank employee can see from the entry date whether you are in the probationary period.
If there is no starting date on your salary certificate, the bank will ask for your employment contract in order to determine how long you have been employed by your employer. It is therefore almost impossible to conceal from a bank that you are still in the probationary period. If you succeed and get a loan by concealing the probationary period, you will face massive penalties. The bank is entitled, for example, to terminate the loan agreement without notice and can file a criminal complaint for fraud. In summary, you should definitely not try to conceal the probationary period when taking out a loan.