Loans are the business of the banks. But they’re checking exactly who they want credit for. The most important point is the income. If the customer earns too little, then there is no credit approval at all. However, those who earn well have the best chance of getting a loan. A payday loan with 3000 net to get, is possible at any bank, as long as there are no negative entries in the private credit.
Everything is possible with 3000 Euro net
With such a net income every bank tries to win this consumer as a customer. Even a real estate financing is possible. However, there are restrictions for freelancers and the self-employed. You must first prove that they regularly have an income of this amount, which is not always the case with this professional group. They have a hard time getting loan approval.
If the private credit makes a dash through the bill
The best income is worthless if the private credit query fails. Bank policies prohibit providing credit to this customer. However, the question arises anyway why one needs a loan of 3000 net at this level of income. Depending on the amount of the rent and the remaining additional costs, the money is quickly saved. Solely real estate financing is only possible with a loan. With a positive credit rating, there are no funding issues here.
Choose the right running time
With a loan of 3000 net it may be tempting to choose a high monthly rate. This will shorten the term and reduce interest charges, but this step should be well considered. Illness or unemployment can also upset the best financial planning. For this reason, the term should be chosen wisely. It makes sense anyway to create a financial cushion for such an income. In addition, the installment should be chosen so that it can be paid with sick pay or unemployment benefits.
Together with the bank, a budget is created. It calculates rents, costs for the utility company, telephone and internet and the monthly expenses for a possibly existing car. After deduction of all items it turns out, how high the monthly rate for a loan should actually be.
Beware of over-indebtedness
High net income does not protect against over-indebtedness when the borrower has overburdened himself. It is tempting to make several payment obligations in such a case. In addition to a loan, installment purchases are made and the checking account is overdrawn. Nevertheless, a confusing financial situation can occur if the customer is no longer able to meet the installment payments. With a high salary nothing can go wrong, many think. This assumption is highly deceptive, because you quickly lost track of everything.
Secure cheap credit offers
If you need a loan of 3000 net despite your high income, you should compare. The banks have different conditions. Especially here can save a lot of money. Credit calculator will help you. They are toll-free and independent of the banks. Who uses them, can save a lot of money.