Yes, you can of course take out a loan without getting married. This applies both to unmarried couples who apply for an installment loan as well as to singles. In principle, the bank is not interested in your family status. She is only interested in whether you can afford the loan installments or not.
Creditworthiness is the most important thing
If you take out a loan unmarried, it is important that you are financially able to pay the installments. In principle, whether you are without a partner, in a relationship, divorced or widowed, does not matter when it comes to lending. The bank is primarily interested in your financial situation – your credit rating. The credit rating includes both financial and some personal information. For example, banks are interested in the following information when lending:
- place of residence
- Other financial commitments
In addition, credit check information is always obtained in the country if you want to take out a loan. There are no loans without credit check at credit institutions in the country. The better your credit rating is from the bank, the higher your chances of getting a loan unmarried. The interest rate is also influenced by your credit rating. The following applies: the better your credit rating, the lower the interest rate.
Taking out a loan without getting married is therefore absolutely possible as long as your credit rating allows it. With very high loan amounts, such as a mortgage, a second borrower is often an advantage and even the rule. Because large sums have to be better secured. A second income from a second borrower is such security.
Compare offers and get cheap installment credit
The lending guidelines of banks and savings banks are very different. Some funding partners are stricter, others are somewhat more flexible. This means that you can expect different rates of interest from different providers. It is all the most important to compare loan terms from different providers. Our installment loan specialists will be happy to help you find a suitable financing partner for your loan.