The banks’ offers for loans or overdrafts are so tempting that many cannot resist and take advantage of these offers. If there are no problems with the repayment, there is nothing to be said against it. However, many households not only have a loan, they also have to pay the installments for several loans or for installment purchases.
This inevitably leads to overindebtedness. Only debt restructuring leads out of this misery. Unfortunately, in practice, the situation is that the banks have difficulties with debt restructuring in some professional groups. This affects freelancers and the self-employed.
No fixed income
The problem with freelancers and the self-employed is that they do not have regular income. In contrast to salaried employees, they have different incoming payments, which depend on the respective order situation. It is therefore difficult for banks to assess the financial situation. Debt restructuring for freelancers is therefore difficult.
In order to find a bank that is ready for debt restructuring for freelancers, the comparison portals on the Internet should be consulted. If you enter the appropriate term in the search engines, you will only get a list of banks that have no problem with such debt restructuring.
What is to be considered?
Despite all the euphoria of finally finding a bank for debt restructuring for freelancers, the individual offers should still be compared. Because there are considerable differences in interest rates and also in the other conditions. The conditions differ, for example, in terms of processing fees, free repayment options, whether you need to take out residual debt insurance and many other things. The loan seeker should take the time to compare.
Money from private individuals
Debt restructuring for freelancers is not just for banks. A completely different system has been appearing in the German financial sector for some time: money from private individuals. These are investors who have joined together to form an association with the aim of investing their finances profitably.
With the interest they earn more than would be the case with a conventional investment. Self-employed and freelancers are even very welcome here. The loan seeker also finds these providers via the relevant search engines.