Police officers can benefit from various advantages when applying for a loan. There are special offers for this professional group, which give them plenty of scope and favorable conditions. The reason: police officers have a secure job with a fixed income. Various banks seize this opportunity and offer a special loan for police officers. It’s worth comparing. With us, you secure the best interest and easily determine the optimal rate for your loan. You can find out more in this article.
What exactly is a police officer loan?
The police loan is a special loan for the public service with special conditions. It is designed for all state officials and is therefore also available for police officers. Basically, it is a normal installment loan that is paid off in monthly installments. The advantages: The loan is based on low interest rates and small monthly installments. The terms can be designed variably, so that you decide on the repayment yourself and remain flexible at all times. It is also available for almost any purpose. No matter whether car loan, mortgage lending or debt rescheduling – with a civil servant loan, police officers can fulfill many wishes.
Why is an installment loan often cheaper for police officers?
Police officers have a secure income and lifelong pension security, which gives them bonus points in the credit check. The risk that a policeman cannot pay off his credit installments is rated as low, and officials are popular borrowers. You receive special conditions, such as better interest rates, longer terms or higher loan amounts. In addition, free special repayments are possible in most cases. As a result, the police loan can be repaid faster and the bottom line is even cheaper.
What are the differences with the police officer loan regarding employment and rank?
The loan for police officers is usually granted regardless of the classification of the position in the prison service, special units as well as public or technical police service. All officers are given the special installment loan for police officers. However, there are some differences in terms of term, interest and loan amount. Police officers in higher duty earn significantly more than their colleagues in medium and high duty.
Accordingly, they often receive a higher loan amount because they can pay off in higher installments. In addition, the number of years of service affects the amount of interest at some banks. All in all, however, all officials receive favorable special conditions. Other conditions only apply to police officers. Since they are not yet civil servants, but are civil servants on revocation, they usually get loans with worse but still good conditions. Only after they have successfully completed their training do they become civil servants and enjoy all the advantages of a civil servant loan.
- Conclusion on the police loan for civil servants: Police officers with civil servant status receive particularly favorable interest rates because their income is almost 100% secure. Among other things, risks such as unemployment or insolvency of the employer can be excluded.
- Conclusion on police credit for candidates: Police officer candidates are officers in their training on revocation. The conditions can therefore differ from an official loan because there is a risk of non-existence.
How to get a police officer loan
Police officers receive a civil servant loan from various banks on favorable terms. Many banks advertise that they are the best providers and promise the lowest interest rates. Our tip: Compare the loan offers. You can either request a loan from any bank and compare all possible police loans, or you can use the free service. with the free comparison. With the one-time entry of the relevant information, you will immediately see the appropriate loans for police officers with your individual interest rate.
Compare loan offers with us
You can quickly and reliably compare loans for police officers. This not only saves you time, it also saves you money. You can find the available loans in our online loan calculator. So you can compare the services and conditions at a glance to find the right installment loan for your project. You can also use our online loan calculator to find out whether the preferred installment loan fits your current financial situation. And that’s not all. Once you have found the loan of your choice, you can apply for your loan directly.
You also have free control over the purpose. With us you will find loans for a new car, the financing for your next vacation or the interest savings through debt restructuring. Should you not know what to do next, the consultants will of course be happy to help you. Not only is the loan comparison free of charge for you, but of course the associated telephone or electronic credit advice.
What documents are required for the police officer loan?
You must submit various documents to apply for a police officer loan. The basic requirement is a confirmation of the civil service. You may have to submit current salary statements and income tax notices for the past three years. These documents are particularly in demand for larger loan amounts. Some lenders also make a credit request as part of the credit check.
The required evidence at a glance:
- Certificate of civil status
- Current proof of income
- Possibly. income tax assessments for the past three years
- Possibly credit information
Conclusion: Police loan – a civil servant loan with special conditions for police officers
Police officers can easily get a powerful installment loan on favorable terms because they have an attractive and secure income. Compared to other professional groups, you get better interest rates, longer terms and a higher loan amount. This makes the police loan particularly interesting. Both police officers and banks benefit from the official loan. There are different offers. You can easily find out which one suits you best . Find your dream loan here and make your dreams come true with us!