The position of the bad payers is uncomfortable, since they have a negative opinion of public reliability and accessible to all banks and finance, since its status emerges from the entry in the list of bad payers, present at the Crif. Unfortunately, any report is made without there being specific indications on the reasons that led a person to be registered on the black list as a bad payer. Even a simple bank mistake, if not discovered in the necessary time, can lead to considerable inconvenience. The same applies to inattention, or to situations completely independent of one’s will and direct action.
Is it true that a bad payer can never be financed?
First of all, a clarification must be made: bad payers are subjects who do not have particular restrictions on access to credit from a regulatory point of view, as happens instead for protesters . However, this does not mean that they actually face great difficulties in obtaining a loan. Any obstacles they may encounter are linked and conditioned by the type of internal policy that a bank follows for the provision of loans and mortgages .
It should also be noted that exceptions are often made to certain particular situations. Among these is the achievement of the status of VIP client , so it can be useful to seek a first direct contact with it and to probe the ground. But this does not mean that financing will be obtained with less favorable terms than customers considered reliable.
Loan Solutions for Bad Payers: Pure and Simple Personal Loan?
Pure and Simple Personal Loan?” />
There are mainly financial companies that lend themselves to granting loans to bad payers . However, you need to be careful of those who require an advance payment for their services, since often you do not get any loan but only a further loss of money.
However, the path of personal loans is not necessarily uphill for bad payers, especially if it concerns pensioners and employees. Here, in fact, any difficulties in obtaining the loan, or even the hypothesis in which the request is refused, are due to other types of considerations, which do not focus on the assessment of the creditworthiness of the applicant.
But who is without assignment of the fifth such as self-employed workers? The simplest way is that of loans with promissory notes.
The alternatives to the assignment of the fifth for bad payers
When you are reported as bad payers you have to come up with very strong guarantees , which may also include the support of a guarantor, but which are based mainly on an income situation or solid balance sheet.
An alternative to the guarantor is often represented by the insertion of a co-obligation. From a practical point of view, especially for the procedures that banks have to implement in order to obtain a payment, the co-obligation is among other things the form of greater protection.
If the bank offers both possibilities , before making your choice it is better to have a quote made on both hypotheses. Sometimes the bank rewards the insertion of the co – obligation with better economic conditions.
If, on the other hand, there is no appreciable benefit, it is certainly better to choose to use a guarantor and not to bind anyone with the position of co-obligation. Among other things, this position makes the request for new loans more complicated, at least until the current one is extinguished.
loans with bills of exchange and liquidity
Many times we must add other strong guarantees, which can be the mortgage on a property or the signing of a loan changed. In this regard, there are certainly no shortcomings or limitations of a certain thickness.
For example, in the first case, the property must be owned and must not already have a mortgage in progress.
For the loan changed, there may be limits on the choice of duration, and on the number of fractions.
Aspects that alone or cumulatively can make the management of the financing for its repayment more complicated.
Without restrictions and valid for all: the pledge
The only exception to these two conditions and limitations is the loan with a pledge, which does not require any form of investigation or assessment of merit, since the guarantee is the asset delivered to the bank itself, however this does not mean that there are no intrinsic limits, which we can summarize as:
- only a few banks are willing to grant this type of loan. In fact, they must have a staff capable of giving value to objects and have premises that allow the custody of assets in pledge ;
- the type of asset you want to give as a pledge: this must have a certain and objective estimable value. Therefore some objects, even if valuable, may not be accepted;
- the value obtained is only in a reduced percentage with respect to that which results from the estimate: it is difficult to exceed 40 or 50% of the estimated value. So if you do not have the opportunity to redeem the item as a pledge, you still suffer a significant loss;
- the duration of the contracts is short. Some banks allow to renew, for a limited number of times, the duration in which the asset will remain in custody, however applying additional costs. In general it is never convenient to take advantage of it.
If you need to apply for a loan and you are a bad payer , the first thing to do should be to check Crif , and find out the reason for the reason.
Therefore, it must also be checked whether the times for deletion have elapsed, paying attention to requesting only that of the negative data , instead leaving the registration of the data and positive reports.