Civil servant credit: the formalities to know

Civil servant credit is intended for people working in the public service. Whether it is a mortgage, personal, automobile or other, civil servants can benefit from a loan just like other borrowers.

Who can benefit ?

State, territorial and local government officials can apply for an official loan. These officials can be contractual, trainee or permanent. The conditions are advantageous for civil servants, because creditors generally trust them.

The duration of a work period is not counted. A civil servant who wishes to benefit from a credit specially designed for his category will find all the advantages of a civil servant loan. However, he must follow the legal formalities for those who want to obtain credit, especially for the loan rate.

Civil servant credit is also intended for the spouse of the public service worker, whether he is an employee or not, their descendants or ascendants having a profession or not, employees of private establishments or companies in the public sector such as SNCF, the post office or INRA, to elected national, territorial or local.

Civil servant credit is offered in several forms:

Several categories of loans are available for civil servants. This can be a personal loan, a car loan, a home loan or a work loan, or a revolving loan that can be returned.

They can help finance the purchase of a car, the repair of a building or for the organization of a family event. The amount that the borrower can get is $ 3,000 to $ 20,000. It can also be a mortgage that is specially designed to buy a house.

It can also be an official loan buyback that is assigned to reduce the monthly payments that the civil servant has to pay. This allows him to combine several outstanding loans into a single credit.

Conditions for obtaining a civil servant credit

Anyone deemed solvent and who has a stable profession can take out a loan. Banks and financial institutions have their own conditions for granting credit. As civil servants have job stability and a fixed monthly salary, they are reassuring for lenders.

Usually the terms are almost the same for any loan application. But for civil servants, they can benefit from a reduced borrower insurance rate. But it is still necessary that the civil servant is not over-indebted.

official credit

How to apply for an official loan?

Go to your usual bank. She will offer you special credits for civil servants. Several online credit institutions also offer special terms for civil servants. This type of loan is known as the Civil Servants' Social Credit. Among these specific institutions, we can cite the Banque Française Mutualiste (Société Générale Group) or the CSF (Social Credit for Civil Servants). Whatever your loan application, you can always compare all the offers and repayment terms online.

When you apply for a civil servant credit, you must not forget the proofs that you are really part of the public service workers, especially your pay slip and of course all the identity cards or documents that the bank will ask for. Indeed, when the creditors see that you have a good professional situation, you have a stable income, and sufficient to be able to repay, it will be easy for you to obtain the loan for civil servant. Once the files are complete, the lending institution will study them. If your request has been accepted, the requested amount will be available to the official and could be released within 48 or 72 hours after the agreement.

Other consumer credits to enjoy

Unemployed Credit

In the United States, there is no law prohibiting unemployed people from taking out bank loans. Indeed, an unemployed person can easily borrow money, especially if the funds can make it easier for him to find a job or to do paid activities. The easiest way is to go through online banking organizations.

Interim credit

An interim loan has roughly the same terms as a CDD loan or a loan for employees who do not yet have a fixed-term contract. Since a temporary employee is likely to change jobs more often, they are still allowed to borrow a reasonable amount of money for short periods.

Student loan

The student loan is guaranteed by the state, you do not need to have a minimum of income or a deposit, provided of course that you are enrolled in an institution. It is a zero rate loan which aims to finance studies or to pay training costs. Unlike conventional loans, the terms can vary from 2 to 6 years.

Credit between individuals

Personal credit is a way to quickly borrow money without going through banks. With this loan intended for individuals you can finance various personal projects without providing proof of use of the borrowed funds.

Bank prohibited credit

The repurchase of credit is an interesting option for banking prohibitions. This consists of consolidating all your credits so that you only have to pay a monthly payment. This precept allows you to obtain more time to repay and a reduced monthly payment. As a result, your purchasing power improves and you can live more comfortably.

Senior credit

Like the working population, seniors also have the right to credit. Even if the banks consider that the risks of default are great, there are formulas adapted to the elderly. The conditions are a few different due to the situations of disability, death or incapacity for work; but they do exist in the credit market.

Auto-entrepreneur credit

As a self-entrepreneur, borrowing can be a real obstacle course with banks, but be aware that it is possible to have a mortgage. The documents and documents to be provided are more numerous than that of a permanent employee such as the last tax notices, bank account statements, sales agreements and also borrower insurance.

A loan commits you and must be repaid. Check your repayment capacity before you commit