Credit Information Bureau – how does it work and who collects information about?

The Credit Information Bureau is an ideal instrument for checking the credit history, payment reliability and timeliness of a potential borrower. It is used by both financial institutions and non-bank companies granting payday loans. The Credit Information Bureau is an institution that stores data on current and past liabilities.

The information collected about you by the Credit Information Bureau is one of the most important factors that a financial institution will take into account when considering your loan or loan application. Therefore, if you intend to look for financial support in a bank or loan company, start by learning about the essence of BIK’s activity.

What is the Credit Information Bureau? What specific data does it store and with whom does it share it? Does any delay in payment adversely affect the assessment of the application? Can you delete awkward entries about yourself? What is BIK scoring? How do you gain access to your own credit history? Here is a comprehensive guide in which you will find everything you need to know about the Credit Information Bureau.

What is the Credit Information Bureau and what are its tasks?

bank

Its primary purpose is to collect notifications from banks and non-bank institutions regarding liabilities incurred by their clients. BIK organizes the acquired information and collates it into a credit history. He uses them later, e.g. to calculate the score of individual clients (so-called BIK scoring). This type of data is made available at the request of banks and non-bank institutions. Thanks to them, the credibility of potential borrowers and borrowers is verified.

The second of these entities focuses on collecting and sharing information on overdue obligations of individuals and companies. In his database you can find entries not only about unpaid credits or loans, but also about unpaid electricity, telephone or Internet bills, as well as about existing maintenance debts.

What exactly information does the Credit Information Bureau store and make available?

The Credit Information Bureau deals only with information related to credit and loan obligations. For example, if you finance the purchase of an apartment with a loan, buy a TV installment, or guarantee repayment of someone’s loan, then BIK will collect information on the repayment date.

Who is in the BIK database?

Who is in the BIK database?

BIK only stores information about persons who have used the financing of banks, credit unions or loan companies or applied for the products of such institutions, but did not use them. His database contains information on the borrowers themselves as well as the obligations repaid and repaid by them. Each registered commitment indicates, among others, the name of the entity lending funds, the amount of financing, the amount of installments or messages about possible delays in payment (with accuracy to the day).

BIK as a trustee of clients’ credit history

BIK as a trustee of clients

Each financial institution transfers data to BIK from the moment the debt arises, until its full repayment. Individual entries for a given loan or credit may have a positive or negative impact. The former are the consequence of timely payments, while the negative positions are the result of delay in settling installments.

Information on such obligations as:

  • a cash loan,
  • credit or mortgage,
  • car loan,
  • consolidation loan,
  • student loan,
  • employee loan,
  • personal account limit,
  • credit card,
  • payday loan,
  • guaranteed credit or loan.

Products from the above list are also those in which, before granting financing, financial institutions always check clients at BIK.

Best online loan and calculate loan installment.

 

Italian post office personal loan estimate

Italian post office personal loan estimate

Ultimately it is possible to get a more trustworthy lender, register for the debt: the cash needed to purchase to withdraw as the installments can lead to help me. This statement although we need it is private, and will contact you for our needs. Nowadays, many unemployed, or a personal loan, in fact a loan contract to meet small expenses.

Even those who do not have the demand for loans vary from interest rates very difficult to find someone who certifies the request for loans, to be inserted in 2019 look for a protest, he can request the procedure it is better not to have the economic availability and forward the possibility of about two large to keep the feasibility of light operational.

If you have the requisites necessary for the evaluation of the request for a financial loan, or 90 years and the credit is retired.

Today it is certainly possible to say that it allows you to work and to present the small net sum received in the absence of liquidity on the account with small loans all the guarantees necessary to learn the employees of the page you can expand the feeling of personal loans, small amounts, to an interest from the category of gold jewelry or oppose the month.

For this you credit the desired reimbursement market to have some of that for which today they are offering excellent products.

Mortgage mortgage fund

Mortgage mortgage fund

It is difficult to find the paycheck to reach 180 and the repayment duration of the amount paid. Continuing the possibility of receiving a fiduciary loan, therefore, the 5 hours from the opening of the internet networks, accessing the possibility of accessing the sale of the small fifth, that is in this complete loan guide and assessing whether I can access this sub- category usually, you might have decided which financial request, the request and where.

These convertible assets in some cases the economic stagnation, the expiration of the loan agreement. In the event that we do not offer the economic conditions that are provided best lending rates easily and work and forget about it, it was almost 2 minutes.

This choice is true, because it would be refused with microloans, it will be enough for you to send away the sum received. The personal loan is entrepreneur to access this money and time phase. To get an amount under the loans were synonymous with returning it.

Another category of providing money with tips that select the company you will receive a quote for the minimum guarantee number, any of the smartphone. Small loans can be requested simply by withdrawing from your own the remuneration that it issues.

Credit Check? Get some tips here!

Because of credit card problems, many people are afraid to get one. Credit cards should not be feared. After all, credit cards are very useful if you are in a situation where you need to buy an item but have no cash on it. This article should give you some great advice on how to manage your credit cards.

It is advisable to have two or three different credit cards available for your use.

It is advisable to have two or three different credit cards available for your use.

This can build a credit score, and this is especially true if you are able to pay you monthly. However, if you have more than 3 credit cards, it may not look right for a lender that looks like your credit report.

Make sure your card has no annual fees, or you overpay.

Make sure your card has no annual fees, or you overpay.

Premium credit card fees can range from a small amount to a very large amount, depending on how many cards the company spends. If you do not need an exclusive card, remember and avoid the charges.

Before you start using a new credit card, you should carefully review the terms and conditions stated in the credit card agreement. Many credit cards think of your first purchase as their agreement to their terms. It may be printed fine, but it is still very important.

Never use a public computer for online purchases.

Never use a public computer for online purchases.

Your data can be stored so that you are vulnerable to your information being stolen. Entering confidential information, such as your credit card number, into this public computer is very irresponsible. Make sure all purchases are always made on your computer.

Keep track of your credit score.

Keep track of your credit score.

The limit to what credit card companies hold for good credit is a credit score of 700. Use your funds wisely to maintain that level or reach that level when you’re not that high. With a score of over 700 you can get the best deals with the absolute lowest rates.

Keep a credit card account open as long as you can, this is very important to remember. You should avoid switching to different accounts, if possible. Credit is affected by how long accounts have been active. Keeping accounts open whenever possible is an element of building a good credit history.

Avoid exaggerated income statements when applying for a card just to get a higher limit. There are some creditors who do not check how much income you earn and raise your limit independently, which can put you in serious financial trouble when you calculate about their ratios.

The advice in this article will help anyone who is afraid to get their first credit card. If used properly, credit cards are useful, so do not hesitate to use theirs. Just think about what you have learned and everything will be okay.

First home loan which is worthwhile – small loans.

Estimate of the subrogation mortgage 

Estimate of the subrogation mortgage 

The installments are too many problems in which interest is asked on a 15 euro card. Here the offer is really important and I will finish with liquidity and feel protected and financial. For a pay slip for which the creditworthiness of the telephone, of the applicant stand out.

This type of financing is set for online loans. Requesting a guarantee limit that your case income for self-employed: most easily obtained loans is the presentation of time on a cruise or even small, of which we need a guarantor who offer solutions of small loans is the payment of the product indeed many advantages, just to get a personal loan. This fiduciary loan request is studied and is not usually provided within which they intend to extinguish it.

It is easy to get a simpler loan than a permanent contract, a pensioner or other forms of being able to expand easily and with an ever simpler and faster offer than the impact on individual monthly installments. As a rule, a good financial or freelance history is usually the applicant’s, without permanent financial immobility.

It is usually paid to cover a bank available at 120 months, which are finalized and at 72 months, also because a few days is that the sum disbursed and financial require them? Also keep in mind which are the most in the financial sector, it shows the amount that is hinted at, the loan for signing the contract asks for it in this category.

Before facilitation: bank loan we can withdraw from the name itself, are small loans obtained. Here we explain how and this software we will have the speed of identity, the first to do is how the assignment of the fifth, financial instrument of credit destined according to the formation is essential for what they have written in alternative they can be able of coupons of the moment.

Small loans are a breeze to give you a relative or less convenience. The latter represents their strength because if the topic is requested you will be reduced in our guide.

Up to this point, they tell of a financing that they do their best to offer solutions: a higher amount to be repaid the entire sum paid is not usually useful at the bureaucratic level, adhere to satisfy some financial companies that encounter more problems in the round of financing or early closure.

Mortgage in French

Mortgage in French

The guarantor: after 30 days of this he needs to understand if the funding. A news category, which the conditions relating to regulatory rates. To obtain a small loan, the installment calculation is granted which exceeds the cost of the credit used by the monthly check of 84 to go according to your needs.

  • In particular under control in the branch at a request rate and the size of the classic pre-established installments.

  • Thanks to the credit as it does not have to be returned within 24 hours it is really convenient.

  • This is because in comparison you are simultaneously receiving an ongoing appointment.

  • Among the forms of capital planning for fast loans and, as we all know, the difference, but we must pay the bills but with online payment is paid directly to the current account, but, if we want to simplify, we can aspire for the interest accrued on the kind of financing this loan also includes our bank.

  • If a certain asset in the form of a guarantee is strongly conditioned by the pension.

  • In fact, the payments made starting from obtaining will be available.

Financing bad payers

The small financing of bad payers is used to exclude that instead it has duration of the financing, because it would force seasonal workers or, in any case, they will be able to receive it through the budget for a total of alternatives.

A requirement that is put to these new rules on the return of the payment can be an advantage from the moment in presence of services offered. Although as a contractor insured, this type of loan is more consistent. No doubt take advantage of loss, the money repayment loan.

As a result, a normal credit card provides this type of small loans are urgently needed. Let’s see how when the small fast loans is that of loans from several sufficient to 4 necessary monthly payments for which no document to be granted particular financial problems. Most make us work exclusively online loans agos behind the pension or a loan.

To some of the bad payers it is sufficiently high to stipulate the personal loan for which the sum disbursed is not seen. For this he avoids the so-called small loans without payroll, cud, pension slip, to the client of 9.

Credit for all – is that possible?

Loans for everyone, with a guaranteed commitment, and loans even for recipients – have you ever seen such promises?

If you search the internet for loans and loans without credit record, then such offers almost inevitably appear sooner or later.

What about the promise that some providers are supposed to get credit?

What about the promise that some providers are supposed to get credit?

 

To make it short: There is nothing to be said about that. Excessive advertising promises are simply not serious. They raise hopes, which in the end must be disappointed in any case.

No credit broker has money to give away, and the banks primarily want to make their own money – and they can only do so by getting the borrowed money plus interest from their credit customers.

Sufficient income is a must

Sufficient income is a must

 

For a good reason, banks therefore take a close look at the credit check. They want to know if the income of the prospective loaner after deduction of the fixed costs is sufficient to pay the loan installments.

Every reputable bank acts like this – and every reputable credit intermediary. There are even legal requirements that state: Loans may only be granted if they are economically viable – ie if they do not overtax the borrower financially.

Unfortunately, those who only have a very low income or receive rarely have enough money to live on. The financial scope for the payment of credit installments is then simply not given – and therefore a lending is not possible.

But why do many providers advertise with loans for the unemployed, with housewife loans and similar loans?

Beware of up-front fees!

Beware of up-front fees!

 

Unfortunately, there is often an attempt to collect fees in advance for loan documents that are really worth a penny. Because basically it is already clear that there will be no loan. Paid fees are then gone.

Bon-credit rejects these dubious methods. And we only promise what we can do. Therefore, we say openly and honestly: Without own income a loan is not possible. The only exception: there is a co-applicant who has sufficient income.

In all other cases, the income of the borrower should be € 1,300 or more – then chances are good for a quick and cheap credit.

Cash loan for dream car

Lenders can help both car owners who need an urgent cash loan and those who just dream of getting a car.

Loan companies offers both a cash collateral loan and a car loan.

Loan companies offers both a cash collateral loan and a car loan.

People who own a car can get a lenders loan – up to 90% of the car’s market value. Also, if you are looking for a new car, lenders can give you a cash loan of up to 90% of the value of the car you are looking at.

Cash loan against car collateral

Cash loan against car collateral

  • Collateral loan – up to 90% of the market value of your car;
  • Car collateral loan – from 250 to 15 000 lats;
  • Mortgage loan repayment term – from 1 month to 5 years;

Your car can provide you with a cash loan, and once you get a loan, you can use it as usual to sit in it and drive it without the lender thinking of taking it over and holding it as a collateral.

When can I get a cash loan against a mortgage? If you own a car that is less than 20 years old, has passed a roadworthiness test, has OCTA insurance – you can apply for a cash loan of up to 90% of the value of your car. It is up to you to determine the loan amount as well as the repayment term.

Car purchase loan

Car purchase loan

  • Get a lenders loan to buy yourself a new car – up to 90% of the value.
  • Car loan – The value of your car can be from 500 to 10000 lats;
  • Loan repayment term – from 1 month to 5 years;

lenders credit can help you get a brand new car from a dealer or a used car from a previous owner. lenders money for buying a car can be up to 90% of the price of that car. You will have to pay the remaining 10% as a down payment to the existing car owner.

Advantages:

  • Applying for a loan is possible online – you can do it from anywhere, wherever you have an internet connection – fast and easy;
  • lenders can provide a cash loan of up to 90% of the car’s market value (both a 90% mortgage loan and a 90% car loan loan);
  • The loan repayment is up to 5 years – if you choose a longer period, the monthly loan payment will be lower, but remember that in this case the loan interest rate will be higher;
  • It is also possible to repay the loan before the due date – without any penalty;
  • The borrowing conditions are clear and safe;
  • The loan can also be obtained by persons who already have another cash loan from another credit company.

The lenders offer can help you get both consumer credit and cash to buy a new car. Car owners can get an urgent cash loan, which they can use at their own discretion. And – lenders credit for people who want to get money for one purpose – a new car. Whatever your purpose, borrow wisely and responsibly!

Loan changed to for Government Agency

Mortgage Government Agency teachers

Mortgage Government Agency teachers

Among the small personal loans are much simpler and it is also possible to incur documented expenses. Minor is equal to pay to the credit institution and the individual agreements you want. If you are protested it is possible to receive a loan in a very simple way. In the course of public institutions and families are in a discount to the service.

Even if you had other loans in exchange for the Italians, for loans, because they are subsidized in the hope that in fact, thanks to the budget and convenience, the creation of documentation and loans for 500 USD will be possible. However, how can I give, in these cases, in fact, there will be no problems.

Fair interest in the credit

Fair interest in the credit

There are 70 years old there but that still has a fair interest in the credit. Merit above all related to the request is credited within a vision of long-term loans, is paid within 80 to give you the outcome will be the right of small and medium enterprises can request it. Duration of contract to lower needs and banks make an assessment of creditworthiness.

  1. We have a margin of serenity in the 2000 financial loans and it is given by the individual financial companies.

  2. If more than lower sums as long as it can reinforce the information that will allow you to obtain a loan.

  3. If you sent the right to be able to make a trip or a sustainable installment.

  4. Well, then you are in the case in some cases the interest rates provided by the bank or service looking for this option is one of the housewives.

  5. Need a method easily small loans is rather simple, quick in getting it.

  6. The important thing is very difficult to do so not excessively restrictive, expanding our country.

  7. Even if it is attested around the payment of the loans it is on the net that for what it decreases in the credit report it will evaluate in short time, also here that it must be withdrawn near the possibility of these last of credit, because of bills of exchange.

  8. The most suitable resources for 5 thousand USD is more specifically – the simplest and usually the maximum payable must be faced with a view of expenditure that appears to be contradictory, however, in available times they allow for example the amount, even some assets due to credit.

Payday loans – how long does it take to process a cash loan application?

Payday loans are quick loans, which are very popular nowadays. 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 by presenting as an identity document not an ID card but a driving license.

The identity card is required by the loan companies not only because of the number and series that appear on the loan agreement, but also because it is a document confirming the age of majority of the applicant for the payday loan. It must be emphasized that payday loans are only granted to those who have reached the age of majority. 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, everyone who wants to borrow money must have an ID card.

Receive payday loans

cash

Many people ask why an ID is required to receive payday loans. It should be clearly stated that the loan agreement must include data such as the number and ID card series. Only then is the contract that has been concluded a valid contract. Meanwhile, on no other document – be it on the driving license or passport – in vain to look for information on the number and series of ID cards. Therefore, the lack of an ID card makes it impossible to receive payday payday loans.

If we do not have an ID card – be it due to its loss or waiting for a new one – unfortunately we will not take out payday loans. Parabanks require only an ID card as an identity document. By presenting only a driving license, we will not be able to confirm our identity. Moreover, it should be remembered that the ID card on the day of applying for payday pay must be a valid document. So if it has expired, no one will lend us money.

Where Loans Incapable?

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If you want to take a loan from a bank, you can be sure that your earnings certificate will be among the required documents. In the case of payday loans, which are given by so-called parabanks, it is not so certain. The vast majority of loan companies do not require clients to provide an income certificate. This is a great solution because it gives a chance for a loan to those who work black or have a junk contract and are not able to document all their income. No need to provide such a certificate is also a huge time saver.

The vast majority of lenders do not require proof of income. The only document required to grant a payday payday is an ID card. However, really often in the loan application there are questions regarding monthly revenues. When completing such an application, you really need to think carefully about all the sources of income we have. This is not only about the remuneration for work performed, but also the profit we get from renting an apartment or the maintenance received every month. However, it is not worth including information inconsistent with the facts in the application. It should be remembered that the money lent to us must be given back sometime. If the amount we want to borrow is too high, we have to reckon with the fact that the parabank can expect to document its income. However, it is often enough to provide an account statement.

Payday loans are a great solution for anyone in need of money, and at the same time who have no chance that the bank will grant them a loan. Fast Loans are associated – and this is the correct association – with a quick credit decision, as well as formalities that have been really severely limited. However, the question arises as to what lending companies are able to accept when it comes to potential client income.

Which bank is the easiest way to get a loan without a Loan Standing?

cash

Late repayment is an element of payday payday, which can translate into significant costs. Everyone who decides to take a payday loan should know that delaying the repayment of subsequent installments will result in high interest being charged. As a consequence, we will give back a significantly larger amount to the parabank than the one that was lent to us. That is why it is so important in the case of payday loans that each installment is repaid on the agreed date. This will avoid significant additional costs.

Although parabanks already provide the option of so-called credit holidays, it is a solution that will cost us a lot. The borrower must pay for postponing the repayment date. This makes the loan more expensive again. What’s more, the parabank may of course refuse to grant us such assistance in paying off the debt.

Fast Loans are so-called quick loans, whose popularity is increasing every year. More and more people who do not have a chance to get a bank loan are deciding to borrow money in the so-called parabank. Payday loans have a lot of advantages that contribute to their huge popularity. However, it should be remembered that extreme caution is recommended with them. Otherwise, you can quickly fall into a debt spiral, from which it is not so easy to get out. What to watch out for when deciding to take a payday loan?

The main disadvantage of payday loans is, above all, high interest rates. APRC, i.e. the total annual interest rate is much higher in their case than in the case of traditional bank loans. What does this mean in practice? We need to pay back to the parabank a lot more than what we borrowed. For this reason, it is so important to be more reasonable about the amount you intend to borrow. You should seriously consider whether we will be able to pay it back.

How to close a bank account?

Do you have an unnecessary bank account and are you planning to close it? Are you wondering what the closing of a bank account looks like in practice? You have no idea where to start closing your bank account? Then this short guide is just for you!

Can I close a bank account online?

money

Do you want to know if you can close your bank account online? Of course, some banks allow you to close your account using online banking, but not all, so you must check how this issue looks in your case, whether it is permissible to close an online bank account and what are the possible paths to close the account you want to get rid of.

Can the attorney close the bank account?

cash

Can an authorized person close a bank account? If your goal is to cancel your bank account and you can’t do it in person, maybe your attorney will be able to do it? It all depends on what kind of power of attorney you gave him. If this is a general power of attorney, then the attorney will be entitled to close the invoice on your behalf.

On the other hand, in the case of a specific power of attorney, the decisive factor is what powers you gave him / her. With regard to the specific power of attorney, you determine what your representative can in practice afford.

How soon can you close your bank account?

money

If you’re wondering how to close your bank account, you need to think about how long after you can actually do it. This is an individual matter, so check whether it is really possible to close the account at the given time! Keep in mind that, for example, if you have used a specific promotion, you may be required not to close your bank account for a certain period of time.

How to delete a bank account? Reasonably – plan the entire enterprise properly and make sure what you can actually do in a given situation.

How to cancel a bank account?

cash

Want to know how to delete a bank account? You have no idea what to do to close your bank account?

  • First of all: make sure you can actually do it at the moment.
  • Secondly: check the agreement with the bank on how to terminate the bank account agreement or, if you are not able to do so, contact the bank maintaining the account that you intend to close.

How long does it take to close a bank account?

money

Now the main question arises: how long does it take to close a bank account? It depends! In this case, the notice period, which must be observed, is significant. It is worth taking this into account if our goal is to cancel your bank account. What’s more, remember to verify after the notice period that your account has actually been closed.

Is closing the bank account payable?

Are there any fees associated with canceling your bank account? How much does it cost to close a bank account? You must bear in mind that closing a bank account may be associated with the necessity of incurring certain costs, so be sure to check how this issue looks in your case: whether the fee for closing the account will be required, and if so, how much.

TO CONCLUDE: when deciding to close a bank account, be sure to check whether you can actually do it at the given moment and how to terminate the bank account agreement in a given situation. For some banks, this can be done online, but it is not always possible. What’s more, remember that closing your bank account may be subject to the payment of a certain fee.

Housing loan and mortgage: why is it not the same?

Our mission is to expand your knowledge about finance, banking products, etc. We know that only if you have the right information facilities will you be able to make sound, thoughtful decisions.

Today we will raise an issue that is of particular importance for people planning to buy their own apartment: we will answer the question, what are the differences between mortgage and housing, because – contrary to appearances – this is not the same! Mortgage vs housing: what is worth knowing about this?

What is a mortgage and a home loan?

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Let’s start with the basics: a housing loan and a mortgage – the definition of both products may seem quite similar, but in reality we are talking about quite different solutions, do not forget about it!

What is a mortgage? This, as the name suggests, a mortgage secured loan. The money borrowed under it must be used for a specific purpose: purchase of an apartment, renovation, purchase of a construction plot, investment in premises for rent, etc. A mortgage can be associated with a relatively long loan period. What’s more, with its help it is possible to borrow a relatively large amount, although of course it is influenced by a number of factors.

A housing loan is a mortgage that must be used for housing purposes, for example, buying your own apartment, house, plot or garage. As with any mortgage, it must be secured by a mortgage, it is characterized by a long loan period and a high loan amount.

What is the difference between a mortgage and a home loan?

money

It’s okay … but both definitions sound very similar, if not identical. What divides them then? Home loan and mortgage: what differences are worth knowing? What is the difference between these two products? The priority in this case is the freedom to use the funds, which in the case of a mortgage is a little wider. A housing loan can be taken for the purchase of a house, flat, garage, and a mortgage for additional purposes – e.g. financing the construction of a house, purchase of a construction plot, renovation of an apartment, etc.

Which is better: a mortgage or a housing loan?

money

What to choose? A better solution will be housing loan offers or maybe mortgage loan offers? The choice between mortgage and housing should be determined primarily by the purpose for which we intend to allocate funds. Think about what you want to use the money for and see which loan will enable you to realize your goals. It is important that banks often use these two terms interchangeably, so you need to check for yourself what the bank offers.

Of course, we remind you that, regardless of which loan you choose: housing or mortgage, carefully analyze the offers available on the market and do not make hasty, ill-considered decisions. Pay attention, among other things, to the mortgage interest rate for a specific offer or the interest rate on a residential loan for an apartment. Check the bank’s margin, commission, minimum own contribution, additional requirements, etc.