Many people are looking for a solution to borrow despite the fact that they have made a loan once and the banks know it. In our article, we will examine what can be done in this case.
The Central Credit Information Database (KHR) has the data of everyone who has ever taken a loan. It is stated that the person has failed, or has committed an abuse, but also if he or she has paid properly. So, unlike the previous BAR list, there are not only those who once stumbled in the KHR, and for some reason did not pay the loan installments, but the good debtors, the former are negative, the latter are positive.
Credit institutions, when assessing loan applications, check all credit applicants for the debtor and obtain the data stored in the CCIS, as appropriate. They have a vital interest in getting to know them so they can be sure that their money will be seen in the loan.
This check is part of the credit assessment process at every bank and is beneficial to everyone. Well-paid debtors can get better deals, and borrowers who fail to repay the loan do not borrow money to prevent insolvent or over-indebted customers from taking on additional financial burdens on their neck, and of course, the bank also avoids the risk of losing out on their money.
The point is that anyone who has never properly paid for his credit – exactly the overdue and unpaid debts are higher than the minimum wage at that time, and lasts for more than 90 days – its data are classified as negative in the KHR and the banks do not give him credit. However, in some cases, there is a chance.
If someone does not settle his debt, he will store his data for ten years, and no one will lend to him during that time. On the other hand, if you repay the outstanding loan amount, you will first be in a passive negative status, and after one year you will be automatically and permanently deleted. Then, with a conscientious conscience and a greater chance, you can apply for a new loan. Of course, only if you have carefully considered whether you really need it and whether you will be able to pay.
If you do not repay, but you can close the loan transaction with a solution, even with the loss of the bank, your data will be kept for five more years, so you will not get any credit.
Whether it’s on the list, everyone can query for free at any home financial institution. They are obliged to inform their clients about the classification and the data contained in the KHR.
There are some credit institutions that are rumored to be given credit even in the case of a negative rating, but the reality is that every financial institution checks the KHR status of their borrowers, and who has an active negative rating cannot get credit. Of course, this can be avoided by borrowing for the name of your spouse, other close relative or friend, but financial experts warn you of such a deal.
If someone has already made a loan before a new one jumps in, you have to think about how it will be repaid. Nor is it recommended that somebody settles for a bad loan with another loan. Although there are loan redemption schemes, these can mostly be used to replace loans with higher interest rates earlier, due to the current lower interest rate environment, to slightly more favorable interest rates and repayment loans.
According to the recommendations, who slipped with his credit, he should concentrate primarily on settling it somehow. This can usually be negotiated with the bank, but even with the bailiff, and there is also a private bankruptcy facility, where it is possible to mix up with the debt trap with austerity and state support.