Today, different loan offers are provided for consumers, which often differ greatly from one another. The large variety of loans ensures that all private individuals today can find an attractive, individually fitting loan.
The loan offers today differ from one another in terms of purpose, loan amount, term and repayment. However, all loan offers have one thing in common: the consumer must have a certain credit rating and solvency so that he can draw on the loan. The credit check is partly carried out with credit rating, but the income is always important.
In addition to the income from employment, other social income can also be taken into account when declaring income. For example, transfer services that are provided for families with children, for example in the form of parental allowance. The parental allowance primarily serves as a compensation payment or as a payment that goes beyond maternity protection. When taking out a loan, the parental allowance can be taken into account and thus the credit rating can be improved.
Compare credit with parental allowance online
If you choose a loan with parental allowance, it is important to make a comparison. The comparison of several loan offers can now be easily done on the Internet. Numerous financial portals offer a quick, easy and free comparison of several loan offers. As a rule, a loan calculator is provided for the comparison. This offers the possibility of making a comparison with individual details on the term, loan amount, purpose and repayment. By taking any information into account, a very precise comparison result can be achieved.
Credit with parental allowance – important criteria
Many borrowers overestimate their borrowing taking into account parental allowance. The parental allowance is of course justified and should primarily be used for the child’s welfare. It is recommended to only use surpluses from the parental allowance or a certain share for the repayment.
It is therefore necessary to resort to a longer term, which means that the liquidity burden can be kept within a manageable range. A long term leads to higher costs because the interest is determined from the remaining debt, but the credit default risk is also reduced enormously.