When the financial crisis comes, it needs to be quickly resolved. Mostly a few thousand crowns are enough to survive in a paycheck, or buy a new appliance for them, without which a household and even a company cannot work. Do not be afraid of non-bank lending, thanks to the amendment of the law there was a big bang and most of the usurers disappeared from the market.
How did the novel help?
The amendment to the Consumer Credit Act came into effect in December 2016 (more in this article). It brought several fundamental changes and strict obligations for non-banking and banking entities: for example, non-bank companies had to prove capital in the amount of CZK 20 million and by March 1, 2017 apply for a license to provide loans from the CNB. Only a handful of providers have met strict conditions – only about 500 companies are registered in the CNB’s register of about 60,000, which can provide non-bank loans online .
Those interested in this type of loan are thus more confident that they will borrow from a reputable company, not from a money shark, who would charge astronomically high fees. Everyone should find out before entering into a contract whether the name of his chosen company is included in the CNB’s list . It’s also good to find references from people who already have experience with the company. The proof of the firm’s seriousness is also the fact that it belongs to the members of the Association of Non-bank Credit Providers.
Free for first-time seekers
If you do not have experience with non-bank lending, you have a huge advantage, Via SMS sro offers it. Its non-bank loan is for free for the first time. You can borrow up to CZK 8000 with a maturity of 30 days. Via SMS sro is one of the founding members of APNÚ and if you have an account with Cash Portelina, Moniegold Bank and Deo bank, you have almost 100% certainty that the money in your account will appear on the same day that you received the application.