A loan during marriage is completely normal and is requested from the banks every day. The banks have adjusted to this and offer many great offers for spouses. However, there are a number of things to consider when borrowing, especially in marriage, so that no problems arise in the event of an accident.
When a loan is possible during marriage
A loan during marriage is always possible if the framework conditions fit. As with all other constellations, the income and creditworthiness must be right. Depending on the amount of the loan, this can be taken up by one spouse or by both. Usually you choose the person who is the main earner in the marriage.
Where to get a loan during marriage
You can get loans from all banks and savings banks. Even during marriage. There are no differences to other loan offers here, so you can choose from the large number of loans. It is good if you make a comparison in advance with regard to the conditions. So you can look very closely at where the best offer is and specifically ask the corresponding bank for a loan. Whether this is only on site at a bank with branches or on the Internet, where mainly direct banks are active, depends on the taste and ideas of the borrower.
Good deals can be found on both sides. With a good credit rating, the interest on loans is currently so low that the selection for the suitable provider should not only be based on the interest, but perhaps also on the conditions and the repayment options. You should also take a close look at whether fees for the completion and processing are due. It is also interesting how quickly the loan can be available. Many have a wish that should be realized quickly. The money must be available accordingly quickly.
Liability for a loan during marriage
Many people are afraid that they will be liable for their partner’s credit. But that’s only the case if both partners have signed for the loan. If this is not the case, the spouse does not have to pay for the loan if the installments can no longer be repaid. The debts remain with one spouse and cannot be transferred to the other in such a case.
It looks different when both partners have signed the loan. Here both are liable for the debts and can be held accountable. An aspect that should be considered very carefully before taking out a loan.