Lightning loan for trainees
March 11, 2019
Loan payment within 4 days
- Start your loan request now (there is no contract yet).
- After checking your request, the money is already in your account after 4 days.
- You just have to accept our offer. If not, then not. No hook, no cost.
Unlike a conventional loan, a lightning loan is characterized by a fast turnaround time, which usually takes only a few hours. This applies regardless of whether it is a lightning loan for trainees or a lightning loan for another group of people.
It’s not easy for a trainee to get a loan at all. The reason is the income, which is still very low and in the vast majority of cases well below the attachment exemption limit.
The loan amount must be adjusted to the personal requirements of the borrower. In concrete terms, this means that an apprentice can only receive a loan that ranges from a few hundred to a few thousand euros. In this context, one often speaks of a small loan. In any case, the trainee must be able to pay the monthly installments for the Blitz loan on a regular basis without neglecting his other financial obligations.
For this reason, it is essential to prepare a household bill before borrowing and to compare personal costs with personal revenues. In addition to income, Schufaauskunft plays a central role in assessing creditworthiness. However, this does not apply if the lightning loan for apprentices is to come from abroad. If the trainee’s collateral is insufficient, a guarantor or a co-applicant may be called in. For this purpose, the parents or other family members who meet the credit requirements, are particularly well suited.
Application, authorization and repayment
A lightning loan for trainees should ideally be applied for on the Internet. An exception is a loan that is to be taken up at the house bank. Here is a direct personal contact between the client advisor and the trainee much faster possible than would be the case with another branch bank. If the bank works seriously and keeps its promises, the loan application will be processed within a few hours. If the apprentice’s creditworthiness is in order, the lightning loan can be approved immediately and paid out. If this is not the case, the bank may request further collateral or reject the loan application.
After a permit, the money is transferred to the current account of the trainee or paid in cash. Unless it is a car loan, the Blitzkredit is for trainees at leisure. Trainees have numerous consumer wishes that they would like to fulfill very quickly. A lightning loan for trainees may be the right way here. He should never be taken lightly, but only after careful consideration.
The repayment is regulated by contract. This concerns not only maturity, interest rates and monthly loan installments, but also whether special repayments or early repayments are possible.