There is financial loss during parental leave. Although the parent who takes parental leave has a claim against his employer for reinstatement, this parent does not receive any wages from the employer during parental leave.
The only entitlement during parental leave is the so-called parental allowance. But often, little can be done with this intake. And the money is not always in the account at the beginning of the month. What happens when most of the debits are due or if a larger purchase has to be made for the child?
Credit even with bad credit
Many parents experience such a situation, especially young parents who are in training, studying or even unemployed. If the creditworthiness is lost due to an unpaid invoice, the search for a solution is made more difficult. Problems where solutions are needed. The first solution can be to contact the family.
Relatives could also only help for a short time so that the account is covered by the first of the month. If you bite on granite with your family, friends may help. But be careful, because when it comes to money, many friendships stop, so it should only be burdened with something like this as an emergency solution. The other solution is a loan despite parental leave and a lack of creditworthiness.
Online credit despite parental leave
Many lenders have deliberately specialized in such a clientele. They also offer a loan to parents who are on parental leave and have negative debits at Credit Bureau. There is hardly any possibility with house banks. It only makes sense to ask whether the bank is ready to grant a short-term credit for a very short period of time, which will be fully offset by your next income.
No chance? Then search the internet for an online lender who still grants a loan even with poor creditworthiness. It should be taken into account that the interest burden is significantly higher than a loan from the house bank. If you need fresh money, you have to be willing to accept the terms.