With a loan, the marital status is initially irrelevant. If the income is sufficient to repay the loan and the creditworthiness is good, a loan without a spouse is approved. However, there are exceptions. This includes the real estate loan. The banks prefer to see it here when both partners work, because after all it is about large amounts of credit. With a conventional installment loan, one borrower is sufficient.
Credit for everyone
There are loans for everyone, provided that creditworthiness. Whether single or married, the possibilities are great. Not only branch banks live on credit, online financial institutions also want to bring credit to men or women. Both the branch banks and the internet banks are subject to the same guidelines that a borrower must comply with before making a commitment.
A permanent employment relationship is essential. Without a job, there is no credit without a spouse. In addition, the credit checker review must not be negative. If the income situation is sufficient for a loan without a spouse, a comparison is still worthwhile. Every bank has its advantages and disadvantages. Those who value personal contact usually go to their house bank. This has the advantage that the loan amount can be paid out immediately.
Compare helps save
If you want to save money, you can find cheaper offers on the Internet. A few days pass before the loan amount is paid out. If you are not in a hurry with the payment, you can get better conditions from the banks on the Internet. This is particularly noticeable when it comes to interest rates, which are significantly lower than those of the branch banks. The loan is applied for online. A preliminary acceptance is made within seconds. After checking the submitted documents, the loan amount is paid out. As with a loan from a branch bank, repayment is made in monthly installments.
The loan repayment must be guaranteed. This means a corresponding income in order not to get into financial difficulties. The bank uses the income and expenses to check whether repayment after deducting all costs is possible. Only then does the acceptance take place.
Good to know
There is something special about a loan without a spouse. Only the borrower who signed the loan agreement is liable for the loan. If the couple separate, the other is not responsible for the repayment. You should know that, because the banks always try to demand repayment from the spouse. However, if he has signed the loan agreement, he is also liable for it.