Credit with 2 people
A credit with 2 persons are preferred by the credit institutes and sometimes even given as a condition for a loan approval. One of the two persons should definitely have a satisfactory credit rating and the credit entry information should not contain any incriminating results. In addition, the scoring points should have no negative ratings, because at least the amount of the loan could be limited.
Variants for a loan with 2 persons
The first variant of a credit request with 2 persons is a guarantee. The guarantor is only involved to the extent that the guarantor then appears when the borrower can no longer meet his credit repayment obligations. If this happens, then the guarantor is taken into recourse at the borrower’s place. The guarantor should have a corresponding credit rating, which is checked in advance on the basis of proof of income.
Another variant for a credit request with 2 persons is when a married couple or a couple living together in a marriage-like community makes a joint credit request. In the case of a married couple, the borrower and, as a rule, the main earner is checked by the creditworthiness and the spouse is therefore gladly used as a guarantor in the event of a case. It certainly also applies here that the spouse should have a certain income and the overall situation in the credit check is also taken into the focus of the credit decision.
In a marriage-like community, a separate consideration is made and a credit entry information and the mandatory credit check performed. Unlike a couple, couples are more viewed as individuals. Nevertheless, 2 people in a loan agreement are a preferred solution for the principal bank or a bank when it comes to deciding on a loan request.