ACCOUNT BLOCKED - THE QUICKEST WAY TO SOLVE YOUR PROBLEM

REASONS FOR ACCOUNT BLOCKING

It is important to first find out the reason for the account blocking, if you are not aware of it. The most common reasons are

1. Loss or theft of the card

2. Incorrect PIN entry

3. Unusual account activity

4. Seizure

5. Overdraft of the account

CONSEQUENCES OF ACCOUNT BLOCKING

If your account has been blocked, you will not have any money at your disposal for the time being - in the worst case, your credit rating will also be downgraded. If you have lost your card or it has been stolen, you have usually requested the blocking of your account yourself or caused it by entering the wrong PIN. This problem can be solved quickly by calling or visiting the bank. Unusual account activity can also usually be resolved quickly, as the withdrawals can either be explained by you or the bank card may actually have been stolen. Points 1, 2 or 3 will therefore not lead to a lengthy account block and you will soon be able to access your money again.

HOW TO GET MONEY FOR UNLOCKING YOUR ACCOUNT

It becomes more difficult if a garnishment or an account overdraft is the reason for the blocking. In this case, your account will remain blocked until the cause has been rectified. So if debts or an overdraft are the reason for your account being blocked, you must first pay your creditors or get out of the red before you can withdraw or transfer money again.

Your first possible points of contact:

• Social institutions: If you find yourself in dire straits, ask for help from a charitable organization such as Caritas.

• Subsidies: Check your city's website to see whether you might be able to get a rent subsidy or other funding - you can find an overview of your options here.

• Borrow money from acquaintances: You can also ask family, friends or acquaintances for money. In this case, however, make sure that you plan the repayment and draw up a private loan agreement as security.

PAWN COLLATERAL

Before the bailiff arrives at your door and takes your most valuable items, you can pawn them beforehand and perhaps avert an unpleasant visit.

How a pawn loan with CASHY:

1. Select an item on cashy.at and find out immediately how much money you can get for it or submit the form and receive an offer on the same working day.

2. If you bring your collateral directly to one of the stores, you will receive your money immediately in cash - if you send it, the money will be transferred to you via PayPal or to your bank account.

3. At the end of the 30-day term, you can either repay the money and have your item sent back to you - or you can extend your pawn loan for another 30 days. You can also gradually reduce the amount.

If you own a car, you can also use it as collateral to borrow money.

How your car loan with CASHY:

1. Enter your vehicle details, the desired term of 1, 2 or 3 months and choose whether you want to continue driving or park your car during the term. You will immediately see the maximum possible loan amount and the amount of the fees, but of course you can also borrow a smaller amount.

2. The inspection of your car takes place in Vienna, Linz, Innsbruck or Graz. Your money will be paid out to you immediately after the appointment in cash, via PayPal or by bank transfer.

3. At the end of the term of 1, 2 or 3 months, you can either repay the money and take the papers for your car back with you - or you can extend your car loan for another 1, 2 or 3 months. In this case, you can also gradually reduce the amount with each month.

All information without guarantee according to research from August 2022. Errors and omissions excepted.