Loans and distraint

The most common reason for execution is non-performing loans. Unpaid fines for black driving are only in second place.

One of the most common reasons for distraint is loans. Be it from bank loans or even non-bank loans. Immediately on the ground of execution are unpaid fines from public transport or various arrears for gas, electricity or television fees. Last year alone (2011), more than 1 million executions were ordered in the Czech Republic. According to current figures, it seems that in 2012 the total number of executions will be at least as high.

Are you taking a loan? Beware of execution!


It is the loans that people do not manage to repay, which are among the most common reasons for execution. There are two main problems. The first is the case where people have more loans or loans that they no longer manage to repay.

And so they try to borrow more money just to have the repayments on another loan. But this is a vicious circle, which sooner or later leads only to people being unable to repay anything. Then they only await execution or personal bankruptcy.

Beware of loan guarantees


Another problem may be when you borrow money for someone else or when you guarantee a loan. A request from someone you know, or from a family, “I just need you to guarantee me” can be very dangerous. There is no such thing as a “guarantee only”.

If you act as guarantor for a loan, you assume all responsibility for the loan. If the principal borrower is unable to pay its obligation, the bank (or non-bank company) will automatically request the full amount from you. You do not have to know at all that your friend has stopped paying the loan and the bailiff will knock on your door, or you will be blocked from your bank account or you will be charged with execution.

Execution can make the loan more expensive


If you take out a loan and stop repaying it, it can cost you a lot. As soon as you stop paying your regular payments, your bank will usually start sending you reminders. Sending a reminder (first or second) often costs 300 or 500 USD. The bank may charge you additional fees when it prompts you to pay the full amount of your loan immediately.

If your bailiff takes over your loan, the total debt increases by additional charges – bailiff costs, lawyers’ fees, court fees, and more. The loaned amount of USD 50000 can thus quickly become a debt of USD 100,000 or more.

How to avoid execution?

Perhaps there is no clear advice. However, the experts on financial issues generally agree that before making a loan, every person should calculate whether they can afford to repay. If you live from paycheck to paycheck, without a financial reserve, it is definitely not recommended to borrow money for expenses such as holidays or buying gifts. If you have no financial reserve, you should limit yourself to your expenses.

When you have to borrow money, it should be for something that doesn’t lose its value – a car, a house, an apartment. You can always sell a car or an apartment when you get into repayment problems in the future. If you spend money on vacation, there is no longer a way back and you only have to pay back.

Good Finance loans on the bill

Beware of Good Finance non-bank loans – sign a blank bill may not pay off. Recently almost 20,000 people flew this way.

More than 20,000 people flew fraudsters who offered loans for bills of exchange. After most of the borrowers have paid the bill in full, the credit firms want to pay more money.

Although it is a Good Finance act, these people have no chance in court. Only the Regional Court in Brno deals with more than 3,000 similar Good Finance loans for a bill of exchange. And most objections must be rejected by the courts.

How to find a cheater easily and quickly

How to find a <a href=cheater easily and quickly” />

Over the past few years, many people (allegedly more than 20,000 clients) have borrowed money from two non-banking companies. These were credit companies Fast Finance and Finpomoc. These companies provided people with advantageous non-bank loans. But with the loan, they demanded that people sign a blank bill in addition to the contract. It served as a pledge for borrowed money. If the debtor did not repay the installments on time, the company would recover money by means of a promissory note. This is a fairly common practice used by many more serious companies.

Many of these people, who borrowed and guaranteed money on the loan, paid their loans on time and in order. But now it is not enough to wonder if a completely different company sues them and asks them to pay the whole amount again.

This is despite the fact that the loans to which these bills were issued are already paid. Now they are recovering people from Gorasan Company Limited, Renegade North and Cacton Limited.

Prevent this and tolerate Good Finance loans for promissory notes?


Although most victims try to defend themselves in court, they are unlucky. The court received from the enforcement companies an application for an order for payment. Since there is nothing on the bill of exchange that prevents the issuance of a payment order, they have no choice but to do so. The main problem is that the bill of exchange does not indicate the amount, nor does it state that it is a loan guarantee.

Although at first glance it is an obvious fraud and an attempt to enrich people who have borrowed money, the law is designed to be more Good Finance in this situation.

The only chance of all damaged clients


Is that they would have to prove in court that the original owner of the bill and who is now enforcing it are somehow connected. However, they have only 3 days to file similar objections. And getting the necessary evidence within 3 days is a superhuman task for most of these victims.

Although the case is being investigated by the police on suspicion of fraud, this may take a long time and it is not clear whether the police will accuse someone. In the meantime, people will have to pay their loan for the second time, otherwise they may face execution.

Loan money easily and quickly

Loan money with a quick online loan. If you need a loan now and then, this can be obtained easily and quickly. There are plenty of loan options on the net and competition between the loan providers is great. It is therefore possible to find quick loans for your needs, whatever this may be.

With a quick loan you can borrow from USD 500 and up to USD 400000. So whether you just need a small amount for a fun evening in the city or a larger amount to renovate your kitchen for, there is definitely a fast Loan on the amount you are just missing. Are quick loans can easily and quickly apply online. It only takes minutes to complete a loan application. And typically within the same day, you receive the amount in your account. Read more here about your loan options if you are looking for a fast loan.

Loan money now

Loan money now

Loan money now and here with a mobile loan. With an online loan, things are going fast. You can apply for an online loan in minutes. And from applying for an online loan until you have the money in your account, typically 1 day goes by. In some cases, you have the money in your account within 1 hour. It cannot be done faster.

As the entire loan process takes place online with NemID, the processing time has now become as short as possible at all. You don’t have to meet in person or send papers back and forth by mail. A quick loan can be applied for during your lunch break or on the way home on the bus. And already on the same day you receive the money. Easy and quick.

Loan money fast

Loan money fast with an online sms loan. Need a Loan Now and Here? If you only need a loan for a short period, finding a free loan is a good solution. But maybe you need a loan for a longer period? Or maybe you’ve used your options for free loans. In that case, you can opt for a regular online fast loan.

Such a loan will have interest and fees and here the loan will not be free for you. But you can easily find a fast loan at a reasonable price. You can get a quick loan easily and quickly, and a quick loan is a good option for you if you need money urgently. Furthermore, having fast loans has several benefits which we will discuss below.

Borrow money

Borrowing money there are many who do. If you choose to take out an online fast loan, you must be aware that you are completely on your own. There is no advice on an online loan like there is on a bank loan. You are thus alone in finding the best and cheapest loan yourself. It is also just one itself to make sure you have room in the economy to pay off the loan. If you choose a bank loan instead, your bank advisor will help you set a budget for you and advise on the various loan options.

The advantage of a quick loan here is that you do not have to explain your personal finances to anyone. No one is asking you why you need a loan or what you need the money for. Thus, there is a high freedom and self-determination in a quick loan. And that is why it is important that you manage your finances well if you choose a fast loan. Loan money cheaply with a quick loan.

Loan money online

Loan money online

Loan money online with your NemID. To apply for an online fast loan, use your NemID. The loan providers can identify you with your NemID, which is your electronic signature. Your NemID is issued to you personally and is your digital signature.

Your NemID can be used to log on to private and public websites, and you probably already know it from e-box or your online bank. When you use your NemID to apply for a loan, you also allow the loan providers to obtain additional documentation about you if they deem it necessary. Typically, the loan provider will make an electronic credit assessment of you.

Loan money cheap

Loan money cheaply with an online mortgage. There are plenty of opportunities to find cheap loans online. However, it can be difficult as a consumer to figure out the price of a loan. Some loans have high interest rates and low fees. Other loans are just the opposite. The APR accounts for annual costs as a percentage, and all loan interest, fees and other costs are included here.

It is the loan with the lowest APR that is the cheapest loan. However, it is important to mention here that in order for you to directly compare the loans’ APR, it must be two similar loans that you compare, ie loans with the same loan amount and maturity.

Loan money quickly and easily

Loan money quickly and easily

Loan money quickly and easily. Applying for an online quick loan is super easy. It also goes incredibly fast. You can fill out a loan application on the loan provider’s website. This just needs to be filled in with a few details, such as your social security number, your contact details and which bank you want the money transferred to. A loan application can be completed in minutes.

The loan application must be signed with your NemID. Once you submit your loan application, you will immediately get an answer if you can get a loan. In that case, you will receive a loan offer from the loan provider with the exact terms and price of the loan. If you can approve the loan offer, you will sign it again with your NemID. After that, the money is on your way to your account. Quick and Easy.

Loan money 18 years

Loan money 18 years. In most cases, you can apply for a quick loan if you are 18 years old. However, some loan providers have a higher age requirement where, for example, you must be 19, 20 or 23 years old. Furthermore, it is a requirement that you are a Danish citizen, with a Danish CPR no. and has a Danish national register address.

Some loan providers may claim your income, but this will rarely be more than USD 150000 annually. You can thus borrow money even if you have a low income. To borrow money apply for an online fast loan, you also need NemID. A common requirement for all loan providers is also that you must not be registered with RKI.

Loan fast money

Loan fast money

Loan fast money with a quick loan. With a quick loan you get a flexible way to borrow money. You can get quick money with a quick loan as these are paid off extremely quickly. In some cases, you can have the money in your account within an hour. Sometimes it has to go strong when you need money, and here you get the opportunity to borrow fast money. You decide for yourself how much money you want to borrow and with the vast majority of loan providers you also have the opportunity to determine the maturity of your loan yourself.

Loan money easily

Loan money easily here. Applying for a quick loan is a simple process. The loan provider only needs very little information from you. Therefore, it only takes a few minutes to apply for a loan. The loan provider can pull all the information they need about you through your NemID. As it also happens electronically, it goes very fast and the loan provider can send you a reply to your loan application within seconds, in some cases within a quarter. So you don’t have to wait long if you need money now and here.

Loan money now and here

Loan money now and here

Loan money now and here with a quick loan. Here you can quickly borrow money for what you are just missing. With a quick loan you can borrow as much as USD 400,000. Thus, you should probably be able to borrow money for whatever you need. With a fast loan, you can freely decide for yourself what you want to spend the money for.

With a fast loan, no one is asking why you need a loan. Or what you want to spend the money for. A fast loan gives you a high degree of freedom, where you are allowed to decide for yourself your finances.

Loan Money – Free Loans

Loan money for free with an interest free loan. If you just need a small loan for a short period, you can get a free loan for 30 days. Free loans are incredibly popular – and it is understandable when it does not cost a penny to borrow, for what you are just missing. There are several loan providers that offer free interest free loans.

A free loan is completely free of interest and fees, so completely free. It sounds almost too good to be true, but it is good enough. Typically, a free loan would have to be repaid within 30 days. But if you just need a small loan for a short period, borrowing money for free is quite a smart solution.