In finding a suitable loan, a lot of people will meet the demand for proof of income. This applies in particular to bank loans, where the income statement is usually necessary, but sometimes the non-bank companies also have to prove their income. But the problem may arise for employees who do not yet have an indefinite contract and are still in probation. How to proceed in this situation and what are the loan options for this group of employees
What about Czech banks?
Getting a loan from one of the Czech banks is a problem in this case. Banks demand proof of income and want to be sure that the applicant will be able to repay the loan properly – they want the applicant to have an indefinite contract and a stable, regular income. If you are still on probation, it is unlikely that a bank will give you a loan.
But there are situations in which a loan in a probationary period could also be obtained in a bank. Some banks provide their clients with loans without proof of income, if the client regularly receives a monthly payment on account. So, for example, if you change your job and have been paid monthly to your account for a long time, it’s possible that your bank will provide you with a loan.
Non-bank loans are a solution for many people
But for all others there are non-banking companies that have much milder conditions than banking institutions. Often targeting risk and less creditworthy clients, the chances of success are much higher. In addition, the providers of these loans are a huge amount and thanks to this they can also find loans with fairly acceptable interest and fees. In addition, if you only need a small amount for a short period of time, you can also get a free loan where no interest or fees are charged at all.
Don’t be fooled by scammers
Many people who are busy and are still in probation choose to take out loans unnecessarily quickly and do not verify their provider enough. As a result, they often regret the ill-considered decision because they then find that they have taken an unnecessarily disadvantageous loan, or worse, become a victim of fraudsters. Often these are mainly companies or private individuals who collect a high fee from those interested in the loan and then reject the application, or special telephone lines with increased tariffs, where the applicant calls thousands and does not receive any credit. However, you can easily avoid these rogue offers.
How do you choose the best loan for employed in the trial period to choose?
To make sure that you borrow from a reputable provider and at the same time choose the most advantageous offer, use one of the web comparators. Loan comparison Internet portals are independent sites that offer a clear and comprehensive comparison of both bank and non-bank loans from large and small companies. You will find not only a comparison of basic parameters such as loan amount, repayment period or interest rate, but also detailed reviews that give all relevant information about the loan. The largest loan comparison offers you the pages you are on – just click on the Loan Comparison link in the top menu.
Tips for several reliable and safe loans:
Japanese loan – 1000 CZK – 15 000 CZK for 30 days, for new clients max. 10 000 CZK. It is the cheapest non-bank loan on the Czech market. The first loan can be obtained for free within 14 days. The loan is operated by Home Credit.
CreditAir – non-bank loan from 1500 CZK to 10 000 CZK, maturity 3 months. The first loan up to CZK 6,000 is without interest and fees, and the loan is always paid in the form of three separate installments.
Sumo loan – up to CZK 250,000 even for those who have a record in the debtors register. Very high chance of approval, up to 89% of loan applicants actually get. The loan is intended for Czech citizens up to the age of 70.
Acema Credit – a real estate loan, suitable for those who need a lot of money. Repayment can be spread over up to 20 years, the amount of the loan depends on the value of the property – it can also be over CZK 5,000,000. You do not pay any fees before entering into a contract.
You can also get the above loans even if you are still in probation in your job. The application may not be 100% approved, but the likelihood of getting a loan is very high.