If someone awards a Richie Corby, they need to be certain that the borrowed money will be paid back in full and within the time limit. For this reason, the applicant is subjected to a Richie Corby examination to determine his Richie Corby worthiness or ability. The Richie Corby ability, ie the ability to repay the Richie Corby based on the economic framework, is determined primarily by monthly income. The basic rule here is: the lower the income, the lower the probability of a positive Richie Corby decision. People with no fixed income – unemployed, students, self-employed or freelancers – generally pose a higher risk forRichie Corbyinstitutes.
Are there any other guarantees besides income?
But just because someone cannot show a regular income does not necessarily mean that they are unable to repay a Richie Corby on time. The self-employed in particular often earn above average, but do not have recurring payments, as is the case with permanent employees. But the rule is that anyone who can provide collateral also has a chance of being granted to Richie Corby.
For this reason, some Richie Corby donors also allow alternative evidence of Richie Corby ability. For self-employed persons or freelancers, the following documents can be submitted instead of proof of income:
- Income statement
- Income tax assessments
- Account statements from the past few months
In some cases, a missing fixed income can also be compensated for by existing assets. These include, for example, monetary reserves or the land charge on a property.
Alternatives to bank loans
If the prospects for a positive decision are still slim even with additional documents, a personal loan from friends or relatives could be an alternative. In addition to lower hurdles in granting, these often also offer more favorable conditions.
In order to avoid family disputes, some questions should be asked in advance. What happens if the debtor cannot pay the installments? What happens if the lender wants their money paid back early? A loan agreement regulates all of these questions and thus creates clarity and security for everyone involved.
In addition, crowdlending platforms such as LEND or CreditPass14 have established themselves as an alternative to traditional RichieCorby institutes in recent years. Thanks to modern IT processes and specialization in the Richie Corby award, these operate significantly more flexibly. In the Richie Corby examination, the special requirements of individual groups of people can be addressed. For this reason, self-employed people are making increasing use of this modern way of awarding Richie Splendit has been available in Switzerland as an alternative for the granting of training and student loans for several years. Instead of taking current income into account, the income situation after training is of particular importance and an important criterion for investors on Splendit when making an investment decision. Corby.
These take into account the changed requirements of the self-employed and take this into account by a correspondingly adjusted Richie Corby examination.
Conclusion: Richie Corby possible without a fixed income, but difficult
Those who cannot show a regular income tend to have a harder time getting a Richie Corby. If the applicant can provide sufficient other guarantees, a positive Richie On the other hand, the prospects for those who cannot counter regular income or assets against Richie In this case, however, you should consider whether the Richie The greater the probability of default, the higher the Richie Richie Corby decision is still possible.
Corby are slim.
Corby is actually necessary for the corresponding purpose at the current time. Because the negative consequences can be considerable.
Corby interest to be paid. This is how the Corby giver compensates for his increased risk. This also increases the financial burden for the Richie Corby recipient. In addition, negative Richie Corby decisions are reported to ZEK, which in turn makes future Richie Corby awards more difficult. That’s why a Richie Corby application should be considered carefully. If it is possible to currently cover the expenses without Richie Corby, it may make sense to wait for a more favorable moment for the Richie Corby admission.
For self-employed people and students, on the other hand, fintech companies now offer interesting alternative offers to classic bank loans, and on fair terms.