Credit without a permanent employment contract
There are different reasons why people do not have a permanent employment contract. Ideally, they are self-employed or self-employed or live as partners in a single-income household. Students often only take on part-time jobs during the semester break.
Seasonal workers work more than the usual weekly working hours during the harvest or during the local tourist season and must also use the money earned during part of the year to bridge the time until the next season. For banks, fixed-term contracts are also not considered to be fixed employment contracts, even if many companies only use the time limit as an extension of the probationary period and most employees take on permanent contracts after two years. Employment relationships other than classic fixed-term employment contracts represent an additional hurdle for lending.
Loans for the self-employed and for temporary jobs
The easiest way to get a loan without a permanent employment contract for the self-employed. Many banks generally refuse to lend to entrepreneurs for private purposes, while other financial institutions are happy to accept them as customers. Their self-description shows that banks only grant loans to employees.
It is best for the self-employed to lend to Volksbanks, savings banks or large private banks. A temporary employment relationship does not result from a pay slip, so that borrowing is possible if the lender does not additionally require the submission of the employment contract.
Borrowing on inconsistent income
Seasonal workers are often faced with the situation that they have spent their pre-season salary before the start of the new season. The entitlement period for seasonal workers is often not sufficient for entitlement to unemployment benefit I, whereas there is a basic right to unemployment benefit II, provided the saved credit is not higher than the protected savings contract.
In this case, they need a loan without a fixed employment contract so that they can bridge the time until the next income without being solely dependent on their payments from the job center. While applying for credit for seasonal workers on the Internet regularly leads to rejections, some branch banks take their special situation into account and grant them a loan even without a fixed employment contract.
It is advantageous for the loan to be granted if the seasonal worker can already present a signed contract for the season that will soon begin. Borrowing via an internet platform for arranging private loans is also possible.
The lenders registered there are happy to base their loan decisions on social criteria and, if the description of the purpose is convincing, grant a loan even without a fixed employment contract. There are low credit rates for repayment, an ideal option is an occasional payment break until the first salary of the new season is paid.