)
)
)
){kind=small}
Fragen & AntworenCREDIT DESPITE DEBT COLLECTION - WITH IMMEDIATE OFFER
)
WHEN DOES DEBT COLLECTION BECOME A PROBLEM?
A debt collection procedure can quickly lead to a negative KSV entry - in this case, banks sometimes subsequently refuse to grant a loan. It is important that you react quickly when you receive a debt collection letter to prevent negative consequences. But what if your credit rating falls anyway and you are no longer considered sufficiently solvent for a conventional bank loan?
It is important for banks that you can reliably pay your installments. So if you have received a one-off debt collection letter that actually leads to an entry in the debtor register, this does not necessarily mean that your loan will be rejected, as the situation is usually assessed on an individual basis.
FIND ALTERNATIVES TO THE BANK
Your bank still refuses to give you a loan? The entry was not the first of its kind? In this case, you have the option of switching to an alternative.
Most loan providers require a good credit rating for a loan to be granted. The options available to you are
Pawn loan: You need collateral that you can use as security. The amount of the loan depends on the partial value of your item.
Car loan: If your car is neither leased nor financed, you can also use it as collateral for a loan.
Private loans: There are platforms that put you in touch with private lenders anonymously. The assessment is more individual and so you have the opportunity to borrow up to €50,000 even with an average credit rating.
Salary advance: If you are a reliable employee who enjoys the trust of the management, you could possibly receive a salary advance. Ask the HR department or your boss directly about your options. Please note, however, that you are also disclosing your private financial problems.
Borrowing money from friends or family: This option usually takes some effort. However, with a financing plan and an interest offer, this form of loan may also be a possible solution for you.
REQUIREMENTS FOR ALTERNATIVE FORMS OF CREDIT
Instead of a good credit rating, you need other collateral for alternative forms of credit. Here you will find an overview of the requirements for a pay out:
VARIANT | PREREQUISITE |
|---|---|
pawn loan | You need a collateral item from your possession. |
Car loan | Your car must not be leased or financed. |
Credit from private individuals | Your credit rating should be at least average, collateral such as property, insurance or similar can also lead to a commitment as part of the overall package. |
Money from friends or family | You need to find someone who has the money you need. |
Salary advance | You must have been with the company for some time and should enjoy the trust of your superiors. Advance payments are often only offered if there will soon be payable overtime or vacation bonuses. |
YOUR ADVANTAGES PER VARIANT
Your advantages with a loan from friends or family:
You know your lender personally and know what is important to them.
You may get an interest-free loan.
You may gain greater understanding of your situation if people know you personally and trust you.
You can arrange the repayment with complete flexibility.
Your advantages with a salary advance:
You know your lender personally and can hope for understanding.
You may get an interest-free loan.
Ideally, you can pay off your debts with bonuses or affordable overtime. It is often also possible to withhold part of your salary each month.
Your advantages with a private loan:
Your creditworthiness is assessed individually and is not tied to rigid requirements.
You remain largely anonymous and do not have to report to a bank advisor in person.
You can take out and sign your loan online right away.
Your advantages with a pawn shop like CASHY:
Offer in real time via the digital rating system.
Your fees are displayed transparently from start to finish at all times.
Processing is possible from the comfort of your own home.
You don't necessarily have to visit a store - you can also send your collateral conveniently and anonymously by post.
Your financial status remains completely anonymous - everything that is evaluated is your item.
If your item is not repaid, it will be sold and the surplus will be paid out to you minus fees. You are not personally liable for your pawn loan and there is no negative entry in the debt register.
You can contact us at any time by phone, WhatsApp or in person and will always be kept up to date by the knowledgeable and friendly CASHY team.
Your advantages with a car pawn loan through a pawn shop like CASHY:
By entering your vehicle details and your desired loan length, you will receive a quote online straight away.
You will receive an overview of fees before you sign up and can then call up all fees in your account on a daily basis.
If you are unable to pay off your loan, you will be paid out any surplus from the sale less fees.
Customers come first at CASHY. You can always count on the expert and friendly support of the team.
HOW TO TAKE OUT YOUR PAWN LOAN WITH CASHY
Quick and easy - how your loan works with CASHY. Processing is convenient and anonymous:
Enter the name of your collateral on cashy.at and receive an instant offer in real time for over 60,000 items and cars.
Send us your item or drop by one of our stores.
You can choose to have your money paid out in cash or as a transfer to your bank account or via PayPal.
At the end of the term, you can redeem your item - or extend or reduce your loan if you don't want to pay it back yet.
Errors and omissions excepted.