We Germans have always been a people who like to travel. Whether the summer vacation is spent on the nearby Baltic Sea beach or whether the trip leads to distant countries is secondary. The main thing is to get away from home and into the experience.
Some even go so far as to demolish their tents in Germany for a longer period of time. You go on a world tour to discover many different countries in one go. However, since such a trip around the world only works if there is enough money available, a loan for a trip around the world has to be considered. However, taking it up is not a very easy task, since the collateral cannot be provided so easily if you do not have a permanent place of residence in Germany and also do not have regular work in Germany.
Nothing works without planning
If you are planning a trip around the world, you know that this will only work if a lot of arrangements are made in advance. After all, you also have a life here in Germany, which most likely consists of work, an apartment or a house, family and friends and many other things. Simply leaving all this behind and traveling around the world with light luggage is not that easy.
This step must therefore be planned very carefully so that everything can run smoothly after returning.
However, it is not only important that you regulate your personal interests. The financial also needs a certain basis on which to build. Even if hardly anyone can do this, it is of course always better if you can finance your trip around the world with savings. If you do not succeed, the credit mentioned above must be used.
Unfortunately, no bank will give you a loan for a trip around the world. Because if you can no longer be found in Germany, the bank has little chance to sue outstanding accounts. However, this does not automatically mean that the credit for the world tour does not exist at all. All you have to do is have someone else take it in. From someone who does not go on a trip around the world, who is based in Germany and who has a fixed and relatively high income.
It is also wise not to mention to the bank that the credit is needed for a trip around the world. Banks quickly become sensitive to such things and quickly find reasons why the loan application cannot be approved. So be smart about borrowing to avoid rejection.
How much should the loan amount be?
In order to be able to determine the amount of the loan, some preliminary considerations are important. So you should always first look at the savings you can make on the trip. Then you should know how long you will be traveling and where you want to go. Some countries require little money, while other countries are very expensive. Maybe there is also the possibility that you will work and earn money during your trip. In that case, the loan may only have to serve as an emergency reserve and could, among other things, be taken out as a call credit.
Therefore, do not calculate too tightly or take up more money than is actually necessary. Since the loan is made through a person who lives in Germany, it can also be refinanced if necessary. In our day and age, in which a loan can be available within a few minutes, this should not be a problem in terms of time.