April 17, 2019

The Existing Collateral in a Loan } Creditworthiness

    Anyone who finds himself in the admittedly far from happy and not easy-to-act situation of the Hartz IV relation sees himself above all in society as marginal figure stamped with more or less barely existing rights. This is especially true when it comes to being classified as a recipient of just that state support as creditworthy. Anyone who needs a loan as a Hartz IV recipient, for whatever reason, usually sees himself faced with the same rejection as described above. After all, the bank’s standardized question about existing loan collateral usually has to be answered with a very clear “no”. How should this security be offered, because it…