Category: Debt

Debt restructuring despite negative private credit checker.

Loans are now available in so many variants and with so many different conditions that potential borrowers are sometimes quickly overwhelmed. Especially when a loan for debt restructuring is sought, but private credit checker entries make it difficult for a bank to grant loans.

Debt Prescription: What It Is and How It Works?

Debt prescription exists so that people do not have eternal bonds based on debt and financial obligations. After the prescription of debt, the creditor loses the legal recourse to obtain debt repayment, often having to rely on the debtor’s “good faith” to repay the debt. The prescription, in law, means the loss of time for the…

Can people in debt get a loan?

If someone who already has a loan or is in debt with another company, for example, does not pay for a cell phone, can get a loan. There are such possibilities, but each case is always treated individually. A bank or any other lending company can do this by checking our credit options in several…