Does a person with active debt collection have a chance to get a loan?
Credit enforcement can affect us for a variety of reasons. They are not always caused by our bad will or deliberate avoidance of paying off debts. Of course, debt collection, followed by a credit, is most often the result of being in arrears with payment of loan installments or settling other financial obligations.
It may also happen that we will be financially over-burdened beyond our fault. Problems such as inheritance of debts, debt burden on a family member, sudden loss of income due to illness or loss of work and resulting arrears in payments – all this can cause serious financial problems that can lead to credit’s intervention . It happens that people with credit occupation, as a result of some unforeseen life circumstances, need even a small loan. Many consumers think that in such a situation it is impossible to obtain it . Nothing could be more wrong. We still have a chance to get a loan . It’s worth knowing where we can apply for money and how to do it safely.
Where can you apply for a loan if you have a credit?
The main problem in this case is not the mere fact of debt enforcement, but the fact that we have a negative credit history. BIK and KRD contain information about our expired and unpaid debts. And it is in these sources that we are first checked when we apply for a loan . Unfortunately, you don’t have to apply for a loan from a traditional bank. There, our application will certainly be verified negatively.
A quick online loan, or payday loans, is a chance for a loan for those in debt . Many of the companies offering them also check us at BIK, but first of all not all, and secondly some will decide to lend us funds despite the negative credit history . We have to reckon with the fact that this will negatively affect the amount we want to borrow. It is worth using online financial consulting and free tools such as payday comparator or loan ranking. There, we will find not only detailed credit conditions, but also information about which companies offer unverified loans or payday loans without BIK.
What to look for when applying for a quick loan online?
Of course, the most important are the so-called total loan costs . Let’s pay attention not only to the interest rate, but also to the commission for granting payday pay, handling and administrative fees and other additional costs. For people with credit seizure, it may also be important for the company to provide us with cash. If your bank account is free from seizure credits, you have nothing to fear and you can apply for a loan at any company you choose . However, if the credit has taken over your bank account, using the services of a loan company that transfers the borrowed funds to your account does not make sense. It will end up with the fact that the money will be blocked as soon as it comes out of the account and you will not be able to use it in any way. Look for a lender that offers the option of collecting the loan in cash in person (there are institutions that deliver money to the client’s home), or payment at the post office (GIRO check).
Loan with credit
A loan with a credit is possible, but it should be well thought out. Deciding on further indebtedness when we have arrears in payments is a risky idea. Let’s remember that payday loans , which are the only option for us, are expensive loans, usually charged with much higher costs than ordinary bank loans. An additional difficulty is that the entire loan amount including interest should be paid back in a relatively short period of time . Therefore, we will calmly analyze our situation and think about whether instead of the possibility of further indebtedness, we should not look for additional sources of income that will allow us to finance current needs and help us to get out of the debt loop .