When changing jobs, the employee always has to accept a trial period. The duration depends on the respective company. New employment in another company also affects financial transactions, especially when it comes to lending.
Banks are happy to refuse a loan request during the trial period. The time after the probationary period is too uncertain for you if no definite commitment has been made about continued employment. Another problem during the trial period is that the new employer can give notice of termination at any time with short deadlines. Of course, this unsettles the banks and a loan approval is very unlikely.
Credit after the trial period
If the employee is taken over by the company after the trial period, it looks more positive with a loan after the trial period. Now it only depends on the amount of income and the information from the Credit Bureau whether a loan approval is given. A bank customer has particularly good cards if the new company is the state. The civil service has special conditions and the employees are almost non-resignable.
Why is a loan not possible during the trial period?
A loan is always at risk for the bank. If the bank customer changes his job, he initially has a trial period. However, this does not mean that the employment relationship will continue to exist afterwards. If there is no further employment, unemployment will follow in the worst case if there is no prospect of a new job. Therefore, anyone planning to change jobs should apply for a loan beforehand. He doesn’t even have to report the later change of job to the bank. If the money goes into the account every month, the bank does not even notice the change of job.
In an emergency, the bank customer can use the overdraft facility on his checking account, because once it is available, it can be used at any time. The bank customer can only apply for a loan after the probationary period following a takeover. A promise is even very likely, because after the trial period employment is secured. If the income is high enough for a loan, there should be no problem with a commitment.