Having a negative credit history and being in the National Debt Register may prevent you from taking out a loan or a bank loan. People who have no creditworthiness and have had or have problems paying back their obligations are simply not credible to many financial institutions. Does that mean you can’t get a loan? Can I apply for a loan if I am in debt?
Loan for those in debt – is it possible?
Banks carefully examine applicants. They analyze their creditworthiness, check information in BIK and KRD. Those who have a negative credit history or low creditworthiness should not count on getting a bank loan. However, this does not mean that such people have no chance of getting cash. Private equity companies that provide loans to those in debt come with help.
Loans for those in debt, or what?
Loans for those in debt are offered by some parabanks. Loan companies are not subject to the restrictive provisions of the Banking Law, which means that they apply different rules when granting loans. Cash loans for indebted people are intended for people who have negative credit history, pay off liabilities, have debts etc. Some parabanks of not carry out scrupulous verification, not check information in BIK or KRD. This means that to receive such a loan without bases, you only need to meet certain age requirements and have an ID card.
However, one should be aware that such loans without BIK and KRD are not high. Usually these are small amounts, up to a few thousand dollar. The repayment time is also characteristic of such payday loans. Usually it is about 1 month. Importantly, the commitment should be settled once, except the payday loan is incurred.
Where to look for payday loans for those in debt?
It is best to use payday comparators where you can select the option of searching for loans without BIK and KRD. Then a list of parabanks that have such products on offer will appear. It is worth comparing what APRCs have, how much can be “borrowed” and how long. Then read the terms of the contract and the regulations, this applies especially to the fees that you will have to incur when taking a loan.
How to get a loan for those in debt?
The loan without checking in KRD and BIK is usually available online. Parabanks have their own websites where you can complete requests for payday loans. Provide your details and information from your ID card. Then the data provided is verified. It can be done by phone. Verification transfers are also popular. The customer must make a transfer for the amount of USD 1 or USD 1 from his personal account. Thanks to this, the congratulations will be able to confirm the applicant’s identity. After granting the loan, the customer will receive a contract, usually electronically, and the money will be transferred to a bank account.