If you are in a debt loop, you need to check the debt limitation period very carefully. It may happen that we will have some luck and it turns out that our debt has expired. In this situation, we will not have to pay it back. It must be remembered that the claim is time-barred after ten years, and interest after three years.
Trying to negotiate with a creditor is always a remarkable solution. It should be remembered that they do not have to bring the expected effect, but they are definitely a better solution than waiting for the case to go to court and a bailiff knocks on our door. When starting negotiations, there are a few rules to keep in mind. First of all, you should never take a claim while waiting for your debt to be canceled. However, it is worth presenting your life situation and explaining exactly why financial difficulties arose. You also need to think about the amount we are able to pay to your creditors’ account on a monthly basis.
Consumer bankruptcy is a solution that has been in Polish law for some time. However, it should be remembered that the declaration of consumer bankruptcy requires court proceedings. It is possible only if the premises specified in the relevant provisions take place.
Borrowing indefinitely can eventually lead to considerable financial problems. It can lead to falling into a so-called debt spiral, from which it is not so easy to get out. Below are some tips on what to do if.
For the debt spiral, it is very important to avoid getting more loans and credits. They are not a solution to your problems. Instead, they will increase debt and the number of creditors. Therefore, starting negotiations with existing creditors is a much better solution. With a little good will on their part, it will be possible to set a repayment schedule that will allow for gradual reduction of debt.
Are There Private Loans?
Payday loans are quick loans, the popularity of which is now really huge. It results, among others, from the extremely shortened, simplified loan decision making procedure. Many people ask whether it is possible to receive a payday loan, not by presenting an ID card, but by providing a driving license.
If we do not have an ID card – be it due to losing it or waiting for a new one – unfortunately we will not be able to borrow money on the parabank. Parabanks accept only an ID card as an identity document. With only a driving license, we will not be able to prove that we are us. Moreover, it must be remembered that the ID card must be a valid document. So if it has expired, we can forget about the overnight payday.
Identity card is required by companies offering payday loans not only because of the number and series that are placed on the loan agreement, but also because it is a document that states the age of the applicant for the payday payday. It must be clearly stated that payday loans can only be granted to adults. So if we do not have an ID card, payday pay will not be granted to us despite the best intentions of the lender. Therefore, an ID card is an absolute basis.
A lot of people ask why an ID card is required to receive payday pay. It should be clearly stated that the loan agreement must contain data such as the number and series of the ID card. Only then is the contract between the lender and the borrower valid. Meanwhile, no other document – be it on your driving license or passport – is in vain to look for information on the number and series of your ID card. Therefore, the lack of an ID card makes it impossible to receive payday loans.
Where can you get a loan?
Verification by bank transfer – This verification method works great for quick loans. The person submitting the application must make a verification transfer. Importantly, this transfer must be made from an account that is owned by a person who wants to borrow money. His task is to confirm our identity. So if it is made from another person’s account, it will not allow you to grant a loan. The lender will only start processing the application once the transfer we have made reaches his account. So no transfer means no chance of receiving money.
Loan companies usually verify the identity of their clients using the identity card provided by them. The loan application must include the series and ID number. In some cases, a photocopy of the document is required, which is then attached to the application. If we borrow online, we must provide a scan of your ID card. However, you can do this by using email.
Parabanks use verification not only using an identity document and bank transfer, but also a special application. To confirm the identity of a potential customer, you must log in to your own bank account. The application will download all the data that is needed to properly carry out the verification process. A lot of people will ask here if it is a secure solution. It should be emphasized that such applications have really solid security. Therefore, you should not be afraid that confidential information will reach unauthorized persons.
Anyone who has to borrow money would like the loan decision to be taken right away. Meanwhile, you have to wait a bit for her. In the case of parabanks providing so-called payday loans, everything is done quickly. Let’s see what lenders use to verify customers.