As a civil servant you are covered differently than the employees who do not work in the public service. This also affects loans. The soldiers are particularly advantageous because, under certain conditions, they can get an interest-free loan from the credit lenders.
Assigned loans from the credit lenders
A loan through the credit lenders cannot be applied for for any purpose. It only exists under certain conditions. If a soldier moves to his future location, the credit lenders can apply for an interest-free loan. This also applies if the soldier marries. If a loan from the credit lenders is out of the question because it is intended for a different purpose, the banks also offer special conditions for loans to soldiers.
Credit to soldiers through a bank
Public sector employees belong to the group of people who are welcome at banks. Once you have achieved civil servant status, you no longer need to worry. Unemployment is very unlikely. In addition, civil servants are also better protected in the event of illness through longer wages. Banks are reluctant to miss out on such customers, because defaults in loan repayment are unlikely.
The banks offer better conditions for soldiers or civil servants in other areas of public service. Lower interest rates are also possible, as are longer terms even with low loan amounts. An officer receives his payments to the account on time. The financial situation has been fixed for years. Failures are also not to be expected in the event of illness. If a loan from the credit lenders is not possible, an independent bank will be happy to help.
Use free credit comparison
Even a soldier has nothing to give away. If you want to apply for a loan from an independent bank, a loan comparison is particularly helpful. This usually leads to the cheapest bank and is free of charge. There are differences not only in interest rates, but also in the remaining offers that the banks provide for civil servants. If you don’t compare, you’re giving away cash.
Problems with the credit bureau?
A soldier must also have a good credit rating, otherwise there is no credit. The banks check the creditworthiness beforehand. If this is not positive, soldiers will not get any credit either. Unfortunately, that’s because banks have guidelines that also apply to civil servants. With a negative credit bureau, a loan can only be considered through the credit lenders if the intended use allows it.