The loan procedure in a non-bank institution is shorter than in a bank. However, if you take out the first loan, this procedure takes a bit longer. The 15 minutes that loan companies often talk about in their advertisements are unfortunately not always possible. This depends on, among others, on how many loan applications the company receives on a given day, as well as what form of verification the client chooses. What does it look like in reality?

A new loan to pay off the previous one may seem like a quick solution to the problem, but it does not always improve the situation. It is one thing to orderly replace more expensive financing with cheaper one, but it is another thing to borrow regularly just to postpone the deadline. Find out how to compare these options and when to start by talking to your current creditor.

Of course, taking out a loan nowadays is not a major problem. However, timely repayment of the loan may be a problem. To avoid problems related to untimely repayment of liabilities, we propose several proven methods that will ensure that the liabilities incurred can be returned in accordance with the arrangements.

Every borrower has heard about the Credit Information Bureau, which was established on the initiative of the Polish Bank Association and has been operating since 1997 as a joint-stock company. The functioning and scope of the company's rights are regulated mainly by the Banking Law, but also by the Personal Data Protection Act. BIK's operation is based on limiting any risk of banks associated with providing financial support to customers who have not regularly repaid their financial liabilities in the past. It is important that all banks in the country have access to the information contained in BIK.

Online loans are popular among the public, especially among people who use the Internet. They have many advantages, but also many disadvantages. Their biggest advantage is the speed of obtaining a decision, no need to leave home and the fact that obtaining a loan does not require numerous certificates.

Everyone, of course, would prefer to always have enough financial resources so as not to have to take out any loans or credits. Unfortunately, due to the deteriorating economic situation of most families in the country, sometimes this is impossible, especially when we have no choice and need a certain amount of money immediately.

Every person wants to have their own dream house. Unfortunately, few people can still afford to buy a house, plot or apartment for cash. The difficult financial situation especially concerns young people who have not yet managed to accumulate large savings and are forced to continue living in a family apartment or rent an apartment from other owners.

The legal provisions in force in Poland protect the interests of customers using institutions granting short cash loans. The legislator imposes a maximum interest rate on loan companies and banks, which cannot exceed twice the sum of the NBP reference rate and 3.5 percentage points.