Loans for professional groups: The possible loan volume per person or household is quite different. Here it depends on how safe the workplace is, what should be financed with the loan and how the chances are that the money can be repaid within the term. In addition, loans to specific occupational groups are preferred.
The civil service loans are very popular and well-known. Officials get their salary until retirement, so they have a secure income. The chance that they will not be able to pay their credit is very low, as civil servants have one of the safest jobs ever. They are almost non-terminable. In addition to the high probability that civil servants will get a loan, they often get it on particularly good terms, since they receive a very good credit rating virtually automatically, even if they are civil servants.
However, when it comes to loans for professional groups, others in the public sector also enjoy benefits, even if they are not civil servants. These include, for example, employed teachers.
Another occupational group that enjoys advantages when it comes to loans for professional groups are civilian employees of the Bundeswehr. They are also considered civil servants and enjoy similar benefits as civil servants. The same applies to soldiers or professional soldiers. Insofar as this is not just a time-limited commitment, the chances of getting a loan on good terms are also very high for this professional group. Time guards usually get loans only as long as the obligation to do military service runs.
Self-employed people often find it difficult to get a loan. As a prerequisite is a good balance, showing how much income is earned per year. Many banks also demand proof of successful self-employment for two or three years. Also, proof that a sufficient income has already been earned in recent months to theoretically pay back the loan increases the chances of obtaining a loan.
Nevertheless, there is always a risk for the bank if, for example, the independent painter suffers back injury and can no longer practice his profession. The creditworthiness of self-employed entrepreneurs with larger companies, however, is often estimated higher. Current information on particularly good business accounts for the self-employed can be found here.
More generally, anyone who has a job in a secure industry and is possibly married and thus has a double income is more creditworthy than those who earn little, such as retail traders. The higher the income and the more secure the position, the higher the credit volume. Bankers and engineers, for example, have a clear advantage.