In our latitudes, the driver’s license is no longer just a status symbol. In many cases, it is also important in order to start work. More and more employers are demanding that their employees have a driving license. Many jobs can only be carried out with a driver’s license. Not to mention the fact that nothing is possible in rural areas without a license anyway.
No wonder that most young people want to get their driver’s license right when they reach the age of majority. Unfortunately, it is no longer so easy to get these days. And not because the demands have increased. Rather, it is the prices that are called up that drive many young people into despair. After all, who has saved 2,000 or more USD together to let them flow into the driver’s license? In addition, a vehicle that can be operated with the driver’s license is of course required.
How good that there are loans that can be taken out even if the Credit Bureau is negative and the conditions for borrowing are therefore not really optimal. We have put together here where a loan for the driver’s license can be taken up despite Credit Bureau and what needs to be considered.
The credit for driving license despite Credit Bureau from the driving school
Many driving schools know the needs of their protégés and therefore offer a financing offer for the driver’s license. This includes payment in installments of the costs relating to the driver’s license and can only be concluded by young people if the parents sign the installment payment agreement.
It can be seen as an advantage that the Credit Bureau is usually not queried, since the installment payment agreement is made directly with the driving school and not with a bank. On the other hand, it is disadvantageous that you usually have quite high rates because the driving school does not want to wait for money forever and that the driver’s license is only handed over when the rates have been paid in full.
The credit for driving license despite Credit Bureau from the bank
Things are much more relaxed when the loan comes directly from a bank. However, due to the negative Credit Bureau, this can only be accepted with the help of a co-applicant. Because the lack of security by Credit Bureau has to be secured somehow.
An installment loan would be recommendable here, which can be adjusted exactly to the required loan amount and does not ask for a purpose. With the help of a loan calculator, suitable loan offers can be conveniently determined and compared from the comfort of your own sofa. As a rule, borrowing can then take place directly over the Internet and does not require any personal contact with a bank.
By the way: If you don’t want to involve a co-applicant, you should consider whether the credit for a driver’s license cannot come from abroad despite Credit Bureau. Foreign loans get by without asking Credit Bureau, but require a fixed and high income.
The credit for driving license despite Credit Bureau from the employment office
Those who have been unemployed for some time and can only take up a job if they have a driving license can finance it with the help of the employment office. The state agency grants small interest-free loans if it encourages employment. And even without asking Credit Bureau, because a small portion of the unemployment benefit is simply withheld every month for repayment, so that the office does not have to carry out long checks regarding creditworthiness. Since this would not be a good thing in the case of unemployment and therefore no loan for driver’s license could be taken out at a bank despite Credit Bureau, the employment office is a good alternative for financing and should not be neglected.