Most people seem to agree with Marie-Ange Bernard, a 30-year-old unemployed social worker from Aulnay-sous-Bois, who says the contract is "a nonsense" as it would not be accepted by banks or landlords as a sufficiently secure source of income to get a flat or a bank loan. "Without a full-time contract in France you cannot get an apartment, a loan, or anything."
The thing is, many rental agencies ask for more guarantees even when they see "Locapass", or so I have been told. This depends on the agency, I suppose.
And between a youth with a CDI and Locapass, and a youth with a CPE and Locapass, who will the agency choose?
Also, Locapass only covers you for 18 months, and the CPE is 24 months AND can be renewed several times until you're 26 (24 + 24 + 24 ...).
The issue of loans however remains intact ... I can't imagine a bank being generous with a CPE.
