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.

Is refinancing the same as reprogramming a debt?

When we have problems paying a debt , we have different alternatives before falling into arrears. Did you know? Two of these options are to refinance and reprogram, and although they are sometimes confused, they are two different terms. Know the differences between refinancing and rescheduling the debt!

What is refinancing?

What is refinancing?

When you request to refinance a debt, your payment period can be extended allowing the amount of the installments to be reduced.

Not everything is rosy with refinancing and you have to keep in mind that this procedure damages your credit history . How? Well, from the moment you refinance your rating in the risk centers, such as Infocorp , go down – now you will be a customer with a potential problem ! -, which will make it difficult for you to get another loan in a short time.

Tips to refinance a debt

Tips to refinance a debt

If you want to refinance, despite the problems it can bring to your credit history , I advise you to plan well what you will tell your bank advisor. Ideally, you should request refinancing when you have a plan that allows you to pay off your debt in a short time – a personal budget will be a great help! If you have a good track record after refinancing, you will not have problems getting new credits.

What is rescheduling a debt?

Reprogramming is different from refinancing. What you ask to reschedule is that the payment date of your next installment be delayed a bit. In other words: you change the current monthly payment date.

As it is not that you cannot deal with the payment in months, the interest rate you initially had will be maintained. In addition, your status will not change before the risk centers . You can not only change the payment date, but also the current amounts. For that you have to approach the bank to renegotiate the terms of your contract.

Is there any other option?


If you do not like the first option and the bank does not accept reprogramming , you have debt consolidation . Which is ideal if you have debts with different banks . With this service you unify your debt, which will allow you to reduce interest.

Another option, if you have a debt in dollars, but receive your salary in soles, is to change the currency of your debt, if the bank does not accept the change you can go to another financial institution to buy your debt.

Do you have problems with your debts? You have more than one option to avoid falling into arrears. Which one would you choose?


With the arrival of a new year it is normal to start worrying about the expenses that are coming and how to deal with them; from the payment of taxes, the enrollment for the children’s school or the maintenance of your car. With all this, an online payday loan is presented as a financial push to get out of these complications, but it is not an excuse to trust, many unscrupulous use these dates and the need of people to be able to make scams in order to keep the money of others.

There are many modalities that scammers use to deceive their victims; from giving them multiple false data in order to create a false trust, present offers or promotions at a very low cost for those seeking a loan or supplant the name of entities already recognized in the market; But, just as there are multiple forms of fraud, there are ways and tips to discover these supplanters.

Thinking about your safety and well-being, Count Almaviva wants to give you 7 tips that will help you know if you are being the victim of any fraud or financial scam. You can also check our previous articles to learn more about how to avoid online fraud.

7 tips to avoid fraud in an online payday loan in 2019.

7 tips to avoid fraud in an online loan in 2019.

  1. Are they asking for money? Be wary

    To carry out any procedure concerning a loan or disbursement of money, credit institutions cannot request a payment or some type of deposit in advance to make it. If they ask you for money before the disbursement is made, it is most likely that it is some kind of deception.

  2. Make sure the veracity of the company where you are applying.

    It does not matter if it is a physical or digital company, without exceptions it must always be registered with the different control entities, such as the Superintendence of Industry and Commerce, the Financial Superintendence or the Chamber of Commerce of your city. You can request the NIT of any company and validate it with any of these entities. If the company does not provide your NIT, you have a very clear reason to doubt its legality.

    With the rapid growth of information networks, it has become very easy to perform any information search on the Internet; Take advantage of this to find references, comments or reviews of the entity to which you are applying. Finding references on Facebook is a good alternative to help keep in mind; Many companies manage networks to keep in touch with their customers, so one that does not have them may be a reason for suspicion. Likewise, reviewing comments on networks will help give you a broader view of the entity.

  3. They offer prices well below their competition.

    One of the most common ways that scammers use to attract people is by showing offers that have charges or interests well below those of the market. When you find such an offer it is important that you verify because its value is lower than the others, or that other clauses handle to be able to offer this value.

  4. Does the website have security certifications?

    A very easy way to validate the security or reliability of a web page is through the certification of the HTTPS information security protocol. Through this protocol, any web page certifies that the information used within your domain is protected from attempted theft or duplication. But how do I know if a company uses HTTPS on its website? This is the easiest part, you just have to check the URL of the page where you are and there, at the beginning of the address you should find the HTTPS.

  5. Make sure you are applying with the company you claim to be.

    Another of the most common frauds is the impersonation of companies; In these cases, false entities take the name and prestige of consolidated companies to deceive their users. Before this you must be cautious where you apply. In addition to reviewing the HTTPS certification, it is important that you validate if you are on the website of the entity that it claims to be.

    If you came to the page through advertising or a recommendation link, make sure the page does not change address multiple times as this could send you to a different page than the one you are looking for.

  6. Do not contact through intermediaries or third parties.

    On other occasions, scams are not made by entities directly, but by intermediary assumptions. These people pose as intermediaries of the companies in order to guide the user in their procedures and be able to usurp their personal data or keep the loan money and leave the user in charge of a debt they never used.

  7. Do not trust if they contact you through unofficial or formal means.

    If the offer to acquire a loan comes to you through a text message, WhatsApp or an email and you do not remember requesting information or registering on these channels, be very careful , your data may be in some illegal contact base, which They use scammers to send messages and trick their victims.

Report all these acts of fraud or deception


Whether you were a victim of some type of these frauds, or realized on time and managed to avoid it, it is important to report it. Although they are false pages that may not last more than 2 days on the internet; It is important to report the case to the relevant entities for investigation and thus prevent this type of fraud from continuing.

Possible fraud or scam attempts

Possible fraud or scam attempts

These tips will help you easily detect possible fraud or scam attempts you can find on the Internet; Even so, it is important that you always turn to recognized entities in the online payday loan market.

How to prevent your credit line from being a danger

When you buy a card, a credit line also comes with it, which is the amount of money the bank is giving you so you can spend. This line is assigned according to the credit evaluation that the bank makes, where its level of income influences.

The credit line can represent a danger if you do not take into account certain things:

It should not be more than twice your salary

It should not be more than twice your salary

It should not be more than twice your salary, because the higher it is, there is a greater possibility of borrowing and that makes the bank can begin to see it as a risk.

Your monthly debts should not exceed 35% of your income (maximum). Then, if you are already paying a housing loan that covers 20% of your salary, the remaining 15% can be assigned to the card.

Set a fixed amount of expense and respect it

Set a fixed amount of expense and respect it

As much as the credit line is high, it does not mean that you should use it all. Set a fixed amount of expense and respect it, that will help you keep track of how many times you use the card to pay. 

Finally, if the credit line that the bank granted you seems very high, you can request a reduction.

Knowing this will help you make sure you keep everything under control

Knowing this will help you make sure you keep everything under control

If you don’t have a credit card yet, knowing this will help you make sure you keep everything under control. Before requesting one or changing the one you already have, do not forget to compare interest rates and other benefits.

Use the card comparator and in a few minutes you will have all the information and the possibility to request one if you wish.

Sale of Mortgage Portfolio: The option to get a better rate

Maybe you have wondered what is the sale of home loan portfolio or debt move? Many people do not know that they can make use of for their financial benefit the exchange of the debt they caught with their bank when they authorized the mortgage on their houses.

You may question:

Why might anyone want to pass their own mortgage credit to another financial institution?

Well, there are several explanations why a person would like to sell their particular mortgage debt. And it is that will, many times, as the years move from the first installment from the mortgage, many things change: the particular policies of the banks, the problem of the country, the circumstances of the mortgage market, your own goals and personal priorities, amongst others.

In this way, the particular debtor of a mortgage loan may agree to sell his financial debt to another bank, without commission rate payments and with savings advantage in the monthly installment. Obviously, no one would agree to complete their debt to another financial institution if there was no advantage involved.

There are particular expenses within a mortgage loan, a few seem obvious to all of us, but others perhaps not really, and it is always preferable to understand well about it. Many times, we have been not really aware of the expenditures involved in contracting a mortgage and after signing the agreement with the bank we understand that it implied a greater compromise than we initially considered, which leads us to want to reduce the monthly fee associated with payment.

Exactly what immediate benefits can all of us obtain when requesting a home loan portfolio sale?

In most cases, the benefit is found in the variety of the interest rate or within the improvement of insurance getting. When we pass the home loan debt to another bank, what we should do is improve the situations of the interest rate, which is less than the original. In many cases, the property has already been paid in a medium or even high percentage, so the danger to the bank is lower. This may lead to the interest rate being decreased.

Likewise, the particular financial entity reassesses the situation, and in many cases, as the home loan payment is already advanced, the price of the mortgage can be reduce. Banks normally offer 2 types of insurance. Debtor life insurance coverage, used in case of loss of life of the holder, accident or even disability, and property insurance policy.

Getting a restructuring of your mortgage credit from your hand of another financial institution can be very beneficial for the home economic climate, allowing you to save or make investments the surplus.

Exchange of the debt

In the event you want to carry out this procedure, you must take into account the amount of charges you have to pay and the expenses related to the transfer of the financial debt, which, although they are not higher, it is not good not to deepen them.

In case you are worried about knowing if you be eligible for a this type of operation, don’t get worried! The requirements are usually the same as what you should take out a mortgage loan.  

Insurance delegation of a bank loan

Bank of Panay International (BPI) is a subsidiary of Credit International of Panay (CIF). A reference in the management of real estate assets for individuals, it proposes solutions for all transactions relating to households’ real estate assets.


Comparator insurance loan 

Comparator insurance loan

Compare the rate of home equity loan insurance and individual loan insurance quotes using the online mortgage insurance simulation tool to be sure to get the best loan cover offer


Bank loan insurance delegation

Bank loan insurance delegation

All banks including the real estate bank offer their own insurance borrower in their loan offer. You do not have to take out this often expensive bank loan insurance. Compare rates with our cheaper mortgage insurance calculator (from -20% to -70% even if you are over 40). Discover all our loan insurance solutions according to your situation:

  • bank loan for borrower practicing a risky sport,
  • bank credit for senior borrowers, more info
  • bank loans for a borrower practicing a dangerous occupation,
  • credit bank for borrowers with aggravated health risks,
  • bank loan for borrower wishing an unemployment guarantee.

Negotiate external insurance with your heritage & real estate banker. The brokerage firm makes it possible to simulate the cost of your loan insurance with the online credit insurance simulation tool and to compare the contracts of the main insurance companies specializing in mortgage insurance.


Online loan quote

Online loan quote

In the world of credit, several types of loans are made available to borrowers. These loans are unique and have different loan rates. Among these borrowing rates, we find the borrowing rate 0.


Zero rate loan with your bank

Zero rate loan with your bank

Still called PTZ, the zero rate loan is a loan that requires no interest rate. The borrower subscribes to a loan and for the repayment he pays only the amount borrowed at no additional cost. This is where the 0 borrowing rate gets its name. Thus, the interest rate related to this loan is 0%.