Benjamin Franklin said: “Nothing in this world is safe except death and taxes.”
Since death can only be influenced to a limited extent, we want to turn to taxes, which are the real horror for many consumers. If the tax office asks for the tax return, then many despair of the copy and would rather give their documents to a tax advisor than take action themselves.
Many tax advisors therefore offer their support and can make a good living from it. No wonder that this is a desirable profession for many people, but one that cannot be practiced easily. Because if you want to earn a living as a tax consultant, you have to complete an appropriate training, at the end of which is the provision of a proof of knowledge. The official examination according to the tax advice law is a basic requirement for the exercise of the profession. However, since the cost of the examination must be borne by the examinee himself, it may well be that a loan for the tax consultant examination must be taken out.
What is the cost of the exam?
In our latitudes, only those who are continuously educated are successful. The qualification as a tax consultant is one such option for further training, which opens many doors professionally. If only the pure examination fee has to be paid, then the costs amount to 200 USD. A sum for which, as a rule, no loan has to be taken out for a tax consultant examination, since everyone should have this 200 USD available. In addition, there will probably be no bank that grants such a small loan.
If, despite all of this, there are problems with the payment of the fee, the overdraft facility could be used at short notice or friends or relatives asked for the sum. It looks a little different if, in addition to the fee for the exam, the preparation for the exam also has to be paid. This is not cheap and can be up to 5,000 USD. Here, a loan for the tax consultant examination can make sense.
The path is rocky
So it is sometimes not enough to just think of the pure examination fee when considering a loan for a tax consultant exam. Because if you want to be admitted to the exam, you must have the appropriate professional qualification. In addition, professional experience must be available, which can range from 3 to 10 years, depending on the training.
If a distance learning course is chosen for the training as a tax consultant, then monthly costs are incurred. About 150 USD per month. A course of study usually takes 24 months. Within this time, costs of 3,600 USD are incurred. In addition, there are the costs for books, software and other training opportunities, as well as reference works that the examinee has to bear himself. On top of that, seminars that should definitely be attended during the training, but also incur additional costs.
All in all, the 5,000 USD that we have estimated as the total costs for the tax consultant examination are estimated positively and realistic. If you want to finance this sum with the help of a loan for tax consultant examination, you should compare some offers to find a fair loan on good terms.
The installment loan as the best solution
The easiest and fastest way to take out the installment loan. It is available from every bank and can be found very easily with the help of a comparison using a loan calculator. Good loan offers offer an effective interest rate of less than 3 percent. Even if the loan amount is 5,000 USD.
For borrowing, it must be ensured that there is a good credit rating, otherwise the effective interest rate would rise immeasurably and would make the loan more expensive unnecessarily. If a good credit rating cannot be applied on one’s own, a surety is worthwhile. This secures the loan and puts the admission on a safe footing.