The simple reason is that temporary workers have a very insecure job and often do not make much money. The employment relationship can be terminated at any time, so the credit default risk is often too high.
Why will it be so difficult to get the loan?
When lending a regular income is required, which the applicant does not have. It may seem unfair that the people who have the least and need a loan don’t get one, but it makes a lot of sense. Only those at least know what they are getting into when applying for a loan. There is a lot of responsibility and above all money that the applicant simply does not have.
A loan for temporary workers must be repaid at installments that a borrower gets his money from a marginal job. The bank protects itself from a very high credit default risk, because it can be assumed that the money cannot be paid back. The banks work with loans so that they can earn money with them. They charge interest on the loan that the borrower has to pay.
If the bank is convinced that a person cannot repay a loan, and this is very often the case with temporary workers, then they reject a loan application. If the applicant is honest, he must see for himself that he can hardly make ends meet. If a credit rate of at least 50 USD is added, then this money is not left.
Are there other possibilities?
Anyone who thinks they can apply for a loan without Credit Bureau abroad is wrong. Here, too, no loan is given for temporary workers. This is because foreign banks have to provide proof of salary as security. The salary must be so high that it can be attached by the bank in an emergency. Temporary workers cannot provide this security and will therefore not be able to apply for a loan abroad. A loan from a private person, such as a family, is much more helpful for small installments and can help relax your financial situation.