Loan for special training
In order to be able to stay on the road to success in today’s world of work, it is important that you continue your education and are interested in your job. After all, training or studying is no longer enough to climb podium steps on the career ladder. Only those who develop, specialize and ensure that they are better than the masses can demand of their employer that they are not overlooked in a promotion.
Many employers offer special training opportunities for their employees. However, these usually limit themselves to general topics and hardly allow specialization. Therefore, every worker who is interested in further education should take it on his own from time to time. After all, those who continue to train themselves are not committed to any company and can demonstrate their skills in other companies as well.
Unfortunately, many training courses cost a lot of money. Not infrequently, several thousand euros have to be taken in hand. Not to mention the time, which also has to be planned, not to mention. And who then chooses a training that does not take the profession, but must be exercised as a major occupation, on top of that loses his fixed income and must ensure that this is somehow compensated.
In order for this to succeed and training does not have to fail due to the costs, there is the credit for continuing vocational training. This can be requested in different places. Depending on how much money is needed and what the current job situation looks like.
The credit for professional training from the bank
The classic way to a loan for professional development is certainly going to the bank. Here you can request a installment loan that can be perfectly matched to the training. The installment loan can be taken in any amount and offers flexible repayment options that can be designed by the borrower himself. On top of that, the interest rates are very moderate, so that the loan for vocational training in the form of an installment loan comes with only a small cost. However, as a borrower, you must be able to meet some requirements.
So not only a positive credit bureau must be present, but also a fixed income. The installment loan will therefore only be able to be implemented if continuing vocational training can take place alongside work. For example, when the IHK takes a course that runs in the evenings.
What can training assistance do?
If work has to be stopped for further vocational training, because the training is completed full-time, as is often the case with a master school or during studies, then training assistance could be seen as a financial hedge. It can be applied for if you do not have the opportunity to pursue a regular job through continuing education.
However, training assistance is not granted to all those who are willing to learn. In addition, it must be requested and you can not just assume that you get approved. In addition, half of training assistance must be repaid to the state again. A fact that scares off many prospects, because they shy away from the effort that goes with it.
How can the employment office help?
Anyone who has been unemployed for a long time and has no or only a few chances in the job market with the qualification that is currently available can also take up the credit for further vocational training at the employment office. Namely, the employment office supports vocational qualifications if they promote the re-entry into the labor market.
In this way, the employment office can not only teach you a completely new profession or catch up on your school leaving certificate, but also achieve qualifications that are only suitable for special occupational groups. The payment of the costs for the further training runs in such a case directly over the employment office. However, an application must always be made in advance and a need must be present. Otherwise, the employment office can not be used as a source of income.