Do you have a bad credit history in Retrodatabase? Has your creditor entered you on the DRK list? Do not wring your hands, reach for non-bank loans without Retrodatabase and DRK, and enjoy external financing tailored to your needs and financial possibilities.
Private non-bank loan without Retrodatabase and DRK – what exactly is it?
Non-bank loans without Retrodatabase is basically the same as payday loans, i.e. short-term cash loans for a relatively small amount. Of course, it also happens that a non-bank loan without Retrodatabase is granted even for several months, but on the Polish loan market there are definitely more offers for short-term non-bank loans without Retrodatabase and income declarations.
These loans can be taken without leaving your home, completely online. It is also worth noting that a private non-bank loan without Retrodatabase and DRK may mean that the loan agreement will be concluded between two private entities – natural persons, none of whom conduct financial business activities. In the loan agreement, the lender undertakes to make available to the borrower the indicated amount of money for a specified period for remuneration in the form of interest or free of charge.
Often, non-bank loans without Retrodatabase are granted to new clients at no additional cost, while non-bank private loans without Retrodatabase and DRK can also be made available in this form. In the loan agreement, the borrower undertakes to repay the liability within the aforementioned period, together with accrued interest and other fees if they relate to the contract.
Do you know that…
Non-bank loans without Retrodatabase and DRK have their own rules. They are regulated by the Civil Code and the Act on consumer credit, not the Banking Law, as in the case of loans from banks. Loan companies remain outside the supervision of the Polish Financial Supervision Authority, therefore they do not have to comply with its requirements regarding the compulsory and meticulous examination of the credit history, including by checking the databases of the Credit Information Bureau.
Who is the private non-bank loan without Retrodatabase and DRK for?
A private non-bank loan without Retrodatabase and DRK is made available without unnecessary formalities, i.e. without verifying the customer in the debtors’ databases. It is intended, like non-bank loans without Retrodatabase, for people who:
- have a negative credit history in Retrodatabase,
- may be entered in the DRK register,
- they got a refusal to credit from the bank,
- want to get a loan in the shortest possible time.
Non-bank loans without Retrodatabase and DRK via the Internet can be obtained in a very short time, which is why people who are extremely interested in getting a loan payment to a bank account as soon as possible should be interested in them.
It should be remembered that a non-bank loan without Retrodatabase via the Internet should not entail horrendously high costs. These are limited, both in terms of interest and non-interest costs.
Both non-bank companies that provide non-bank loans without Retrodatabase via the Internet, as well as loans with Retrodatabase verification, must comply with the provisions of the Consumer Credit Act. They indicated that the maximum interest on such an obligation may not exceed twice the annual statutory interest, and those according to art. 359 § 2 and 2 of the Civil Code are equal to the sum of the reference rate of the NatBank of Poland and 3.5 percentage points, which is currently the reference rate equal to 1.5 percent. it will be 5 percent Therefore, the maximum interest on non-bank loans without Retrodatabase will now be 10 percent. per year.
In the case of non-bank loans, non-interest costs may not exceed:
- 25% total loan amount,
- 30 percent the total loan amount on an annual basis (this is the variable part, which depends on the length of the loan period).
Non-bank loans without Retrodatabase, but with verification in BIGs
Retrodatabase is a Credit Information Bureau that collects data on loans granted and some non-bank loans, as well as their repayment procedures. Banks are required to verify the customer’s credit history in Retrodatabase, but non-bank companies no longer.
They are not subject to supervision by the Polish Financial Supervision Authority. Therefore, their offer often includes non-bank loans without Retrodatabase and DRK via the Internet, but at the same time the lender can check the other debtors’ databases, in addition to the National Debt Register (DRK) as part of its own assessment of the credibility of the loan application.
These are companies for which non-bank loans without Retrodatabase and DRK are the strong point of the offer, because they attract people who want to receive external financing in the desired amount as soon as possible. However, such a loan may be more expensive than a loan with verification at Retrodatabase and in economic information offices.