If you want to apply for a loan during the separation year, you will usually encounter rejection at the house bank. So if you orientate yourself on the free financial market and look at the offers of private donors or foreign banks, you can get some advantages and rule out a rejection with poor credit rating.
Compare offers on credit during the separation year
The terms of each lender vary. Even if a favorable interest rate can be recognized at first glance, this does not alone determine the attractiveness of an offer. For this reason, you should use a free comparison on the Internet as a basis and inform yourself about the offers for credit during the separation year. No borrower is immune to changes in their financial situation.
In order to rule out repayment problems and to be able to change the monthly installments or defer payments, the general conditions should be flexible. A wrong decision in the loan can go hand in hand with high additional costs and even lead to a debt trap. If you choose a loan that can be changed in the term, you can adapt it to your personal situation at any time and therefore avoid falling behind with the repayment and thus giving the lender the green light for disposing of the collateral.
Informal application and fast processing
You can apply for a loan during the separation year directly online on the free financial market. To do this, fill in the form provided by the lender and enter the existing collateral there. These must be in an appealing amount to the loan amount and thus present a real and acceptable protection.
The form can be accessed directly from the comparison by clicking on the selected lender. The amount is usually approved in less than 24 hours and requires an immediate transfer. A loan on the free financial market is therefore also suitable for consumers who do not have to wait and who urgently need money.