It is unfortunate to note that getting an auto loan is often conditional on a CDI when you meet your bank advisor. Do not be negative, many solutions exist for employees hired temporarily, especially in the field of temporary work.
Focus on the state of mind to be displayed so that organizations issuing car loans adapt to professional situations related to precariousness.
Valuing your seniority as an interim
Getting a large loan for a car loan is not easy, but it is up to you to prove to credit organizations that your job insecurity is not an obstacle. And above all, do not settle for a small loan because your temporary status has advantages.
How many officials receive an end-of-mission bonus? No. Announce that this additional 10% of the total amount collected at the end of your period will go to the repayment of the credit contracted. If the conditions vary according to the banking institutions, accumulate your payslips and present them to your advisor.
Temporary staff with uninterrupted missions lasting three or four years, sometimes intermixed with fixed-term contracts, are becoming more numerous. Do not panic if brief periods of inactivity cut off these years of work, a car loan professional will not take into account in comparison to a string of contracts that succeeds.
The loan agency will equate that you most often have a job and, as a result, recurrent income. Concretely, the accumulation of 1500 to 2000 hours justified by temporary agencies make you a serious candidate.
Begin your process when you are on the job
Put yourself in the shoes of a lender before applying for a car loan. Would you unlock several thousand euros to a person without a job? Unemployed status gives you time to meet a lender but never start the application when you are not in office.
The leitmotiv of your interlocutor lies in the assurance as to your ability to repay your next credits each month. Hence the importance of launching your steps during an interim period, if possible the longest possible.
It’s up to you to convince the temp agency to extend the contract if you have been hired by the same employer for several missions. Speak also to your manager within the company, the good faith and the confidence are quality guarantees appreciated by the professionals.
Apply for a loan according to your debt capacity
This advice is valid for any type of credit application: a loan application is accepted or not according to the criteria of the banks. And one of the first things to look at, if not the main one, is a rational debt capacity.
There is no point filing a file in a bank where you have already had payment incidents. The consistency of a credit application lies in the seriousness of the months preceding your deposit. Needless to say that going to solicit competition, a watch with the Bank of France will be made to be certain of your solvency.
A fund helps temporary workers get a car loan
Granting an auto credit as an interim requires the possibility of finding an intermediary capable of accepting a refund at your own pace. If your bank remains resistant to your arguments and refuses to make an effort, the Temporary Work Social Action Fund (FASTT) offers a helping hand to temporary workers to get their car loan.
Behind the FASTT is an association that finds its funding through temporary agencies. Indirectly, you can be helped by the agency that put you in contact with employers.
What a joy for a precarious worker to be received without a priori during the study of your file. At the heart of FAAST’s in-car support, the car rental offer is an immediate turnkey solution to take into account if your car has just let go and you have no other alternative to get to work.
Use an online comparator before you commit
Take advantage of the free tools provided by the internet to analyze several offers to compare them at a glance. Offering a general overview of the online loan market is also a good way to negotiate with your own bank.
As a temporary, we insist on playing transparency when you fulfill your requests. An adapted offer that will match your ability to repay is the number one data to keep in mind not to know (very) bad surprises a few months later. A loan obviously requires repayment, do not go too fast!