Whether you are on a permanent or permanent contract, you can take out a consumer credit. However criteria remain to respect to get his conso loan.
Make a credit when you are on a permanent contract
Consumer credit is a loan granted to individuals for all types of non-real estate purchases. It is granted to households under income conditions. Being a holder of an indefinite contract has a significant advantage in obtaining the loan. Indeed, having a permanent contract or being a holder allows the lending institution to have a long-term vision on the future borrower’s income and to ensure income stability for the correct repayment of the monthly payments. However, having a CDI is certainly a good point to get your credit, but other points need to be studied. It is indeed important that the sum of all the monthly payments of credits does not exceed 33% of the income of the borrower, in order to assure him a sufficient rest to live. It is also important not to be listed in the Rims Bank’s default files, which are systematically consulted before issuing a loan agreement.
Consumer credit on fixed-term contracts or when one is not tenured
People on fixed-term contracts may have access to consumer credit. Nevertheless, it is important to put forward a certain amount of information to reassure the lending institutions. Indeed, being on a fixed-term contract is a very common situation in France. Whether this is a desired situation or not, arguments can be put forward. As young graduates, it is sometimes interesting to change companies regularly during the first years of experience in order to evolve quickly. The CDD is here an ideal situation. In addition, the fixed-term contract can go up to 3 consecutive years, it is a stable and fixed situation during this period. If the consumer credit does not exceed this period, the lending institutions should not have any difficulty in lending. In any case, it will be necessary to have a well-managed financial situation, preferably with a sum already saved showing the borrower’s ability to manage his budget.
Make a consumer loan when you are a public servant or holder
Being a civil servant presents an ideal and lasting professional situation for the banks. Indeed, with the stability of their jobs, civil servants can claim more advantageous and less restrictive loan conditions. The official credit works in the same way as other consumer credits and can take its various forms (affected, unaffected). However, you must be the holder of a contract with a mutual employee.