The housewife loan: what you should know about the loan without income

A loan for housewives is counted among the creditworthiness-free loans. The offers are generally aimed at people without their own regular income, such as housewives. When choosing a loan, some aspects should be taken into account. What requirements must be met? What is the best way to proceed if I want to take out a small loan?

FAQ about the housewife loan

What is a housewife loan?

The term housewife loan is colloquial and refers to the classic image of the housewife. In general, this is a loan for people without their own income, that is, with limited creditworthiness. However, anyone who does not have a regular income can apply for such a small loan.

What is the housewife loan?

This is important

The term housewife loan dates back to a time when women usually ran the household at home while men earned the money. The housewife had no income of her own, but was secured by her spouse. Today, the term is still used colloquially, but basically it refers to small loans for people with limited creditworthiness.

So, a loan for housewives is recommended for all people who do not have regular income. Income includes only taxable cash receipts, for example, in the form of a salary or in the case of self-employment. Other forms of income, such as social security benefits, sick pay, insurance benefit or child support are not counted as such.

Even in the absence of collateral, the housewife loan is usually a way to borrow money.

A small loan, which used to be called a housewife loan, can apply in principle all people, do not have a regular income. Even people with very low salaries of less than 400 euros can access such offers.

The target group for housewife loans:

People who can not provide collateral for the loan

Usually these are small loans, via the loan for housewives can borrow amounts of money between about 2.000 and 50.000 euros can be borrowed.

To get such a small loan, you should be at least 18 years old. Banks usually required security from the partner's income or other appropriate collateral. In many cases, German citizenship is a prerequisite for the housewife loan.

Credit for housewives: these possibilities exist

A normal loan from the house bank

There are various ways to obtain a housewife loan. The first way should be to your own bank. Because banks also grant ordinary loans to their customers via small loan amounts. If the woman is married, the spouse serves as a guarantor or acts as a co-applicant in the loan agreement. In this case, the salary of the spouse serves as collateral. The spouse is liable for his wife, should the monthly installments not be serviced.

In many cases, the conditions are better if the working spouse takes out the loan, and not the wife. So it may make sense to run the loan through the husband, even if the money is actually intended for the wife's household budget.

Loan for integration into the labor market

There are several state-sponsored projects for women who have not worked for a long time, for example, because they have raised children. Such projects are also called integration measures or measures to start a business.

Inquire about such offers, it may well be worthwhile to resort to them. However, the loans are earmarked; they cannot be used for other purposes, such as vacations or purchases, but are used exclusively for the professional integration of the woman.

Loan for housewives without husband

For women who are not married and do not have a partner who can vouch for them, there are nevertheless offers. The classic housewife loans or small loans without collateral, credit check, etc. are not available. are offered via the Internet by credit brokers. These are usually offers from investors or banks from abroad.

Especially banks from Switzerland and Liechtenstein specialize in such offers. As a rule, SCHUFA information is not required for these loans. The bank will, however, require other collateral, such as proof of salary or ownership of real estate. Investments in securities or shares can also be used as collateral. These offers should always be compared, because the conditions differ sometimes considerably.

Credit via crowdfunding

Crowdfunding is a popular way to borrow a little money. This possibility is in principle open to all. On various websites you can collect small amounts of money from private investors for their projects. The only important thing is that you present your project well and plausibly justify what the money is needed for.

This is also possible for housewives. A credit check is usually a prerequisite for these online loans. The option is particularly suitable for small amounts of money, for business ideas or even for emergencies.