We know very well that loan companies and, above all, banks check creditworthiness very strongly. It is simply an assessment of the prospective client in terms of the possibility of repaying the loan taken by him. The credit risk that such financial institutions take on means that not everyone wants to borrow money.
For this reason, it often happens that we get a refusal when we ask for money. There are several factors that significantly affect our credit standing. These are:
- Our debt – the more outstanding liabilities we have, the unfortunately the worse.
- The amount of earnings and income – here the matter is obvious, higher earnings are more likely to get a loan, also in a larger amount.
- The number of burdens, the cost of living – here are taken into account whether we have a dependent family or whether we have, for example, our own apartment. There are many factors, all of which affect our credit assessment to a greater or lesser extent.
- Type of income – this is also a parameter that is taken into account. Valuable contracts are employment for an indefinite period, retirement and disability pensions.
These are just a few main parameters taken by loan companies for analysis. However, is it possible to get a loan without creditworthiness?
Loan without creditworthiness – it is possible
It’s difficult, but not impossible. It is true that it will be very hard for us in the bank. If we earn reasonably and we are in debt, the banks are able to grant us a loan. In the case of low earnings or debt recovery, we have practically no chance.
Loan companies test creditworthiness differently, which is why you have a much better chance of getting a loan here. Especially if you are using the offer of such a company for the first time. Currently, new loans are offered free of charge, the first ones. And their cost is a total of zero zlotys. In addition to small amounts, they are offered on a statement, which makes it much easier to receive them.
Importantly, we usually receive loans very quickly, directly to your bank account. Even in 15 minutes. It’s a convenient option to borrow money. In a situation where our creditworthiness is weak, applying for various loans, trying – it can bring the expected effect.
On our blog we also present a list of loans without verification, which we recommend to read.