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When applying for a loan, the customer signs a private credit clause. This not only means that the bank is allowed to obtain a private credit statement before the loan is paid, but also authorizes it to report the borrowing to the credit protection company. Of course, the private credit entry of a loan in …
September 26, 2017 tips financial tips debt consolidation personal credit crowdfunding fintech investment Mexico online loans Mexico loans Mexico loans p2p heals your finnances The collaborative economy has brought us many benefits, one of them is crowdfunding which, to explain it in a simple way, is to obtain money from many people to fund a …
A debt loop, or a spiral of debt. One of the main rules for payday loans, non-bank loans is that you do not borrow to pay off another loan. Why? An editorial over at http://ainktm.com Repaying the loan with another loan leads to the creation of the so-called debt loop, and this is already a …
Getting loans for the self-employed with negative private credit is anything but easy. Often this is completely impossible. Most importantly, the fact that a person who has neither a permanent position nor a positive private credit, under no circumstances meets the conditions to receive a normal installment or credit line from a German bank or …
Consolidation of mortgage loans with cash occurs when one of the loans is mortgage (housing). Below is a list of banks and loan proposals, above all these are cash consolidation loans, but there is no problem to ask about mortgage consolidation. The Consolidation loan can be transferred to many banks. If you repay several loan installments, …
The spiral of loans, or more precisely payday loans, is a problem that affects more and more people today. It usually starts innocently – from one. Later, the client of the loan company suddenly stands up against the wall: 30 or 60 days to pay off quickly, and it is not always possible to …
If you want to apply for a loan, you must be able to provide collateral to the bank to prove that the borrower is able to pay the loan as well. At German banks, there are only loans that are secured, once by a query of the Private credit data, which provides information on the …