A legal trainee is in training for civil servants in higher service. As a rule, the internship lasts two years. However, it can also be shorter. The job is safe, because a trainee lawyer is a civil servant after his training and is therefore welcome at every bank. A loan for trainee lawyers is possible under certain conditions.
When is a loan possible?
A loan for trainee lawyers is possible if the term does not extend beyond the traineeship period. One can normally assume that a trainee lawyer will later become a civil servant in the higher service, but because this is not yet certain, the banks tend to approve a loan with caution. It is easier to use the overdraft facility in the checking account. It is freely available and can be used without asking. However, it should also not be concealed that the overdraft is significantly more expensive than an installment loan. Sometimes there is no other way.
Does it make sense to ask the house bank?
If you are looking for a loan for trainee lawyers, you should first contact your house bank. The advantage is that the trainee may be one of the long-standing customers and when talking to his personal contact person, a loan is more likely than with a foreign bank. Now, at the latest, it is becoming clear that it can be advantageous to be a customer at a branch bank because you know each other here. The internet also offers plenty of opportunities for a loan, but it is difficult for a trainee lawyer. Personal contact with his client advisor can be very helpful in this situation.
Applying for loans through capital lender is easy. An online loan application is sufficient to address both banks and private investors at a serious level. Of course, the borrower decides who gets the loan.
Our customer support team is fast and efficient to clear all your doubts regarding personal loan eligibility, procedures, offers, documentation and repayment options. We even contact with the respective lender on behalf of you.