A car loan despite short-time work is not easy to get. Even if the job is preserved for the time being, there is no certainty that it will remain so in the future. If this is not the case, the path to unemployment is pending, which would eliminate the most important credit security that is provided with the regular monthly income. However, the chances of lending can be significantly increased if a second borrower or a guarantor is available. However, this person would have to meet the credit requirements and should not be on short-time work. A fixed income and a positive Credit Bureau information would be essential here.
Many people choose not to take out a car loan from the bank but directly from the dealership. There are several reasons for this. In any case, the fact that lending and repayment can be made much more flexible plays a role. This gives the customer the option of making a down payment on the car, which can reduce not only the loan amount, but also the term. In addition, most borrowers in the dealership can decide whether they want to get a classic car loan, a car loan with a final installment, or three-way financing.
Foreign loans and credit intermediaries
Anyone interested in a car loan from abroad without Credit Bureau should be able to demonstrate a secure income. A car loan despite short-time work should therefore be very difficult to realize. In the event of a rejection, the only option left would be to call in a credit broker and to search for a car loan despite short-time work. However, there can be no guarantee that successful loan brokerage will actually occur. In any case, it is strongly advised to compare all available offers and not rely solely on the statements of a credit broker. This is especially true when he makes unrealistic promises, charges in advance or claims that it is no problem at all to get a car loan despite short-time working on the prospective loan.