How does my income type impact my credit rating?

If you have a salaried job and have been at your current place of work for at least five years, this will positively impact your creditworthiness. The bank also looks positively on income from a pension or your own business. Unemployment benefits are not a stable source of income for repaying a loan, as loan repayment usually takes several years. Meanwhile, a pension is a much more stable source. It is important to note that only official income is taken into account.

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