This is not very complicated. Such a situation applies to persons who had previously had problems with the repayment of the incurred financial obligation. Therefore, it may apply to people who have repaid a cash loan, a mortgage loan or a car loan as well as credit card debt. If they defaulted on their repayment during the repayment of such a liability. Not a few days, but those that exceeded 30 days, they could have an impact on our credit history. Information on such delays is recorded in the BIK (Credit Information Bureau) databases used by all banks in Poland. This is where information about delays in loan repayment is collected. There, also, general information about borrowers is stored, that is, persons who used banking products.
If we have doubts about the assessment of our credit history, we can get to know it through the BIK website. For this purpose, it is necessary to set up a special account that will allow us to check your credit history.
Score in BIK
BIK databases are also a kind of people ranking in which each person has an assigned number of points and a number of stars. According to information provided by BIK, the number of points can range from 192 to 631 points and from one to five stars. The more points and stars we have in the BIK system, the better the chances of getting a loan and the chance for better and more favorable conditions. For example, if we apply for a new loan, the bank will receive ready information on our credit history via the BIK database. The system will automatically analyze all information you have about us, and thus traces of paid and active loans. At the end, he will issue a point score which is called BIK scoring. If this rating is low, it means that we have a negative credit history at BIK . This can make it very difficult for us to get a loan through both the bank and a loan for indebted people with a bad history, in every single company that verifies through the BIK database.
In which companies will we get a loan with a difficult credit history?
Having very low scores in BIK, unfortunately, we can not count on a bank loan. We are left to look for additional cash through non-banking loan companies. However, we must know that even such loan companies often carry out customer verification via the BIK database. Of course, not all, but you must admit that there are more and more such companies. The current list of companies providing loans without checking BIK you have the opportunity to check our blog. Every month, at the top of this list, we present 5 of our proposals worth attention. Below you will also find a few proposals for loan companies, for which a positive credit history is not required in BIK databases.
Difficult credit history is a significant problem in obtaining additional financing
Especially for large amounts of loans and advances. In such situations, an additional security is usually needed, which will enable us to obtain money through a loan company. I am talking here about mortgage loans, real estate or vehicle loans. Such solutions, however, involve considerable risk. If we do not repay such a loan in a timely manner, we may lose even the entire lifetime achievement. Much more sensible solution when looking for a larger loan amount may be a loan with a prisoner
In the case of such a loan, it is not necessary to have an additional property security, but an additional, trusted person. An additional liability will fall on that person, especially if the principal borrower ceases to repay the loan installments within the set time limit. In such a situation, the obligation to pay the debts will fall on the player.
Banks very rarely decide to help in such situation. What situation?
Loans like the aforementioned loan with a mortgage can help us especially when we want to pay off our debts. Banks very rarely decide to help in such a situation. The exception are consolidation loans, which, however, are only granted for repayment of bank liabilities. They can combine several different bank loans into one, thanks to which we will extend the loan repayment period and thus we will receive one and a lower installment. People looking for a loan to repay non-bank liabilities must unfortunately look for alternative solutions. It can be the aforementioned loan with a mortgage or social loans that are more and more popular. The latter are provided by private investors as part of popular websites such as Kokos or Fellow Finance.