Credit after residual debt relief.

Once the whirlpool drags the debtor deep, it is not so easy to get out of there. More and more people are threatened by economic circumstances, illness or divorce, private bankruptcy, which ultimately haunts a full six years.

What is private bankruptcy?

What is private bankruptcy?

If you can no longer overlook the mountain of your debts, you have the opportunity to register a private bankruptcy for yourself and your misery in court. The conditions for private bankruptcy are precisely regulated in the bankruptcy regulation. The economic situation of the creditor is determined here, in connection with a monthly payment obligation that is reasonable for the creditor.

If the creditor comes true to his obligations over the next six years and is well behaved, he will as a rule not have paid most of his debt. After this grace period of six years, however, the creditor is entitled to a so-called “residual debt relief.” With this residual debt relief, the bankruptcy proceedings are also terminated and the former debtor is now free of debt again.

What about a loan after the debt relief?

What about a loan after the debt relief?

The debtor’s former liabilities are also deleted from Credit bureau, but this does not mean that “this customer is clean at Credit bureau.”
Even if the entries are deleted there, the former debtor will not be given credit again because the completed insolvency proceedings will be saved at Credit bureau for three years and, if necessary, passed on to mail-order companies or banks as negative information.

What are the options for a loan after the debt relief?

What are the options for a loan after the debt relief?

Since most banks obtain Credit bureau information about the applicant, it looks rather bad for a loan after debt relief, but not hopeless. One option would be a friend or family member to guarantee the loan applied for. Another variant for a loan after debt relief is an online bank. These banks often work without Credit bureau information and only require a certificate of earnings.

Since the bank’s risk to the borrower is higher than for customers with perfect Credit bureau information, the annual percentage rate here is also significantly higher. It is definitely worthwhile to consult a loan calculator online for a loan after debt relief.
An advantage is that the credit is not reported to Credit bureau and the former debtor is considered to be absolutely creditworthy after another three years with Credit bureau.

Possible Loans Despite Impossibilities

As you know, life is no longer an edible bite. There are countless people who want to support their home but are frustrated by financial difficulties. Especially in recent years, loan usage has increased as much in proportion to the increase in the need for concepts.

But unfortunately, everyone is experiencing the event that we say does not fit the account at the market in general. The first thing that comes to mind for many reasons such as spending on account, mass purchases that need to be taken urgently is to use loans from banks. Urgent credit Ankara is able to provide you with completely legal means with its experienced and expert staff.

People started to use loans in everything from marriage to housing

People started to use loans in everything from marriage to housing

Unfortunately, it is difficult to borrow money. So much so that whenever a person needs money, there is no one around him. Banks have credit ratings and other procedural requirements, which should be the first. Especially because of the credit rating, many people cannot use credit. In such cases, professional support is required.

After the law passed in the past months, the use of credit has become more impossible. This is a system that makes these difficult conditions easier for you. Urgent loan Ankara especially helps those who cannot use loans, who need urgent cash and who seek debt money. This is a flawless work created for all your problems arising from mistakes and bad records in the loan applications.

To do this, all you have to do is fill out the credit application form on the website. After you fill in this form, they make it possible for you to see the conditions that you consider as impossible with the expert team. Moreover, you do not bother to do this. In order to be a smooth process when transmitting your requests, you need to express more accurately and accurately about you.

In addition to such difficulties of life

In addition to such difficulties of life

All you have to do to make your faces laugh and meet your needs is to fill a form and experience the happiness of being able to get away from your problems in the fast-moving process. The system is so easy and effective. Because not everyone needs money anymore? Especially when the debts are overlapping, money is really the biggest need.

Even these financial crises can often cause serious negativities even to family relationships. You are detached from your environment, you can even get away from your child. We are waiting for your applications with our expert team so that you can get comfortable with this system without delaying your requests and expectations further.

Does Unpaid Invoices Affect Credit Rating?

As debts such as taxes and SGK debt began to affect the credit rating, the question of whether unpaid invoices affect the credit rating started to come. Therefore, it would be useful to touch on the credit rating and the factors affecting it.

It is among the factors affecting the evaluation in requests such as credit rating, credit, and credit card applications that show how much people fulfill their responsibilities arising from financial relations with banks. In this context, having a high credit score can provide people with significant advantages in cases such as credit and credit card applications.

What Affects the Credit Rating

What Affects the Credit Rating

Until 2014, factors affecting the credit rating consisted of banking data only. In this context, debts to banks, payments made based on debts, banking products used, how often banking product applications are made, etc. Before 2014, the factors to be considered were.

Mobile phones, electricity, natural gas, etc. are among the factors affecting credit rating with a change made in 2013. bills were included. These invoices are thought to have an overall impact of 8% on the credit rating, but it is not clear how much the algorithm affects in order not to be misled.

Why is Invoice Payments Included in the Credit Rating?

Why is Invoice Payments Included in the Credit Rating?

The most important reason for the invoice payments to be included in the credit rating is that they have a share in the income and the payment of these invoices is a legal requirement.

When banks are allocating loans, they want to know how much the monthly installment payments of the loan will occupy in the total budget of the person. In this respect, invoice payments are also included in the credit rating, since it occupies a place in the person’s monthly budget and reduces disposable income.

The smaller the percentage of consumers’ disposable income for the loan installment payment, the more boner the bank will be to allocate loans.

Does Tax Liability Affect Credit Rating?

Does Tax Liability Affect Credit Rating?

In addition to invoices such as GSM, electricity and natural gas, it is known that tax and SGK premium payments affect credit rating. The most important reason that such payments affect the credit rating is that, just like invoice payments, there is an obligation to pay in tax payments and these payments have a share in the disposable income of the person.

Failure to pay tax or social security premiums will cause the person’s credit rating to drop. In addition, banks do not provide credit allocation for those who are pursued within the scope of tax debt, and it should not be forgotten that there should be no follow-up.

When is the Credit Rating Renewed?

One of the correct mistakes about the credit score is that the credit score was renewed. The credit rating is not renewed, it moves up or down within the gradual payments made or the banking products used and this is a process. The credit rating will not be zero at once or increase to 1900 points at a time. This is because every banking procedure has before and after. For example, a consumer who will be blacklisted should not have paid the loan debt for 2 months before that and will start to fall before the credit rating becomes zero.

How much do unpaid invoices affect credit rating?

How much do unpaid invoices affect credit rating?

One of the crucial questions is how many unpaid invoices affect the credit rating. Although there is no official answer by the Credit Bureau of this matter, in cases such as irregular payment of invoices, the figures that do not really matter are not playing. So, if you pay your bills late for 1-2 years, your credit rating will go down to the bottom levels. So with 1-2 month delays, there is not much difference.

If you have made a late bill payment, you can find out your credit score using Good Finance and see how much invoices have an impact. We see that ‘Will unpaid invoices affect the credit rating? We gave a very clear explanation of the question, and the late payment of invoices is among the reasons affecting the credit rating.

If Your Credit Rating Has Fallen Try To Upgrade

If your credit rating dropped for any reason; In this case, you should take some precautions to upgrade your credit rating. You can access our detailed How to Upgrade Credit Rating from this section. My credit rating has already dropped. There is nothing to do with your mindset, it will cause you to eat a red pen lastly before the banks, and then you will not be able to withdraw a credit card or credit from the banks.

Reasons Behind the Importance of Credit Scores You Need to Know

Credit scores can be obtained from your financial history, especially credit. If you are smooth and late paying your credit, then your credit score will be high. Conversely, if your credit payment is bad, you will get a low credit score and consequently the bank will refuse your next credit application. In Indonesia, the customer’s credit history is managed by the Financial Services Authority (OJK) through the Financial Information Services System (SLIK), whereas credit scores in Indonesia are provided by Credit Information Management Institutions or private credit bureaus and others.


Credit score

Credit score

The use of credit scores in the United States is almost the same as in Indonesia, namely to determine whether a person is eligible for credit from banks. However, credit score management is not coordinated by the government, but by private companies.

Magnitude credit score (Giant score) obtained from credit payment history (banks, credit cards, car loans and others), the number of account ownership and value, personal records (bankruptcy, lawsuits, taxes, etc.), and several other aspects. Not only is used for credit assessment, but the Giant score is also used for the recruitment and promotion of employees as well as the consideration of the apartment owner in determining his tenant occupancy.

A low credit score gives an indication of the possibility of a credit application being rejected. Here are a few tips on increasing your credit score:

1. Be punctual in paying every bill
2. Reduce debt
3. Have fixed assets and income
4. Avoid applying for credit simultaneously

Why does a credit score matter so much? The answer is simple. A credit score is an indicator of your eligibility in undergoing credit as seen from a credit history that includes all credit transactions that you have ever done with any financial institution.


Apply for a credit card at a bank

Apply for a credit card at a bank

Now, in addition to conducting surveys and other provisions, the bank will also see your credit score that can be obtained from the Financial Services Authority (OJK). OJK is an authorized party to issue Individual Debtor Information (IDI) which contains your financial track record, especially in credit matters.

From there, the bank will look at your credit score to determine whether you deserve the credit product they have. This is done to avoid credit problems that often occur because the debtor is unable to pay arrears that continue to run in accordance with the pre-determined tenure.

Therefore, it is very important for you to continue to oversee your credit activities so that credit scores do not drop dramatically to the lowest credit score group, namely Collectibility 5 aka bad credit. At the very least, you must be in the Collectibility zone 2 so that you can more easily move up to the Collectibility 1 zone as your digital financial credibility. However, don’t forget to use your credit wisely so that you don’t get into debt arrears on those who have the credit product.

Annuity loans: the best tips

For homeowners who live in their own property, the annuity loan is the most used form of financing. The advantages are obvious: The monthly installments (annuities), which consist of interest and repayments, remain the same in the agreed period (fixed interest rate) of ten or more years. This also applies if building interest rates should rise. This provides planning security for the borrower over the entire period of fixed interest rates.

An annuity loan is usually linked to the pledging of a mortgage. With follow-up financing (debt rescheduling), this can be overwritten more cheaply than a mortgage. The mortgage does not decrease continuously like a mortgage, but is only deleted after full repayment.


How to calculate an annuity loan?

annuity loan?

An annuity loan is calculated by multiplying the loan amount by the sum of interest and amortization percentages. Then you divide this by 100. This results in the annual charge for the annuity loan.


Annuity loan and the amount of construction interest

Annuity loan and the amount of construction interest

The building rates were the specter of the eighties. At that time, building rates were more than twice as high. Nowadays, however, a long-term annuity loan is recommended. Of course, the banks let the fixed interest rate be paid. The longer the building rate is to be contractually stipulated, the higher the fees. Interest. In the past, fixed interest rates of ten or fifteen years were common. Today, banks even offer fixed interest rates of up to 25 years. The building rates do not remain the same over the entire term of the loan.

The interest rate differences between a 5-year annuity loan and a 25-year annuity loan are around 1.5 to 2 percent. Consequently, one and a half percent can exclude an interest rate risk for the entire term of their construction loan. If the annuity loan has not yet been repaid after the expiry, you should secure cheap follow-up financing for the remaining amount.


Annuity loan and the amount of the repayment

Annuity loan and the amount of the repayment

The burden of an annuity loan is crucially related to the amount of repayment you have chosen. This is the amount that is actually deducted from the loan amount so that the annuity loan decreases month by month. Over time, the interest portion of the rate decreases, while the repayment portion increases continuously as the interest saved. The principle applies to an annuity loan: “The lower the repayment rate, the longer the loan term. The repayment amount of the annuity loan can be freely selected. However, this must be at least 1%. In this case, it would take about 30 years for the annuity loan to be fully repaid. A two percent repayment is worth considering at low building rates. This shortens the term by around ten years.After ten years, only 15 percent would have been paid back.


More valuable tips on annuity loans

annuity loans

Despite all the advantages that an annuity loan brings, it should be without appropriate professional security and without an equity component of min. 20 percent of the financing of a property can be waived. Because anyone who can no longer serve their monthly installment at any time is at risk of being foreclosed. In addition to detailed advice from several banks, you should consider the following points for an annuity loan before closing. The granting of the right to make annual special repayments, otherwise prepayment penalties have to be paid.

In addition, caution is advised with a financing combination of a pre-financing loan and a building loan contract. A home loan can also be more expensive than a classic annuity loan due to the low construction interest.

Cash and Credit Opportunities for Postpaid Lines

People who want to buy a new phone without a guarantor can use their postpaid mobile phones for this service. They can buy a new device with the possibility of credit to the invoice, which is an opportunity value, especially for people who do not want to pay the file costs and get credit from banks.

This service, which many people have just heard of and even most people do not know, is extremely useful. Good Credit users have the opportunity to take credit on their postpaid lines if they meet the necessary conditions. This service, which is generally provided in the cities of Istanbul, Izmir, Malatya, Adana, Konya, Bursa, Mersin and Ankara, can be performed anywhere where the operators’ dealers are located.

Those who go to the operator dealers can receive a phone call by converting the gift points defined in their lines in cash in installments. The first thing to do is to go to the phone operator dealer where the phone is the user of the line owner.

Collection of Necessary Information and Documents for Postpaid Line Credit


Persons who will draw credit on the postpaid line must have the necessary knowledge and documents required. Persons who go to the phone dealer can get a phone by defining a credit on their postpaid line.

Although not everyone can get a phone call on the postpaid line, they must pay their bills properly and the credit rating of the operator dealer in return must be high. The amount of credit everyone has is different, and some can buy phones on the line at higher prices, while others can buy phones at lower prices.

People with good scores can buy phones that have high costs and will not cause much damage when sold. This opportunity offered by operators is a very safe method. Many people prefer this formal and legal method thanks to the favorable interest rate of operators’ financial institutions.

Physical and Financial Project Designing to Take Credit to Postpaid Lines

Physical and Financial Project Designing to Take Credit to Postpaid Lines

Thanks to the loan to postpaid lines, the borrowers can meet their new device needs in the shortest way. With the treaty signed, loans are paid to the banks as if they were paid. Nowadays, most people who complain about file costs use this method.

For a new mobile phone, where Emergency Money needs will be met most risk-free, are the official dealers of operator companies. The line of people who want to get credit in the form of a telephone line must be postpaid.

With this system, people who provide financing can meet their new phone needs in a short time. With this method, which is widely used in big cities, banking transactions are handled in a short time. A contract is signed between the borrower and the creditor (institution), which protects the interests of both parties. Installments are in addition to your bill.

Credit Counseling Service To Take Credit On Postpaid Line

In this method, which has been successfully settled without guarantee or guarantee, the borrower must comply with the signed contract and pay the installments on the day. The maturity of the loan varies between 6 months and 12 months. There is no file expense of the loan obtained in this way with respect to the banks. Operators’ financial institutions perform all processes meticulously and cleanly.

For those who regularly pay their bills, this emergency money opportunity is an opportunity that needs to be evaluated. People who have entered the black list of banks can sometimes benefit from this service. The application made by the person to the dealer personally is taken into consideration and the evaluation is generally positive.

Payments of the loans given are reflected on the invoice and the collection is made on the invoice.

Some Recommendations for Bad Credit Card Mortgage Debt Reduction

Yes, charitable Uncle Gab is giving taxpayers money as baby pacifiers, but, I have the announcement, Ana can’t or Lea common qualify. I have yet to hear about The Bad Average Citizen Credit Rescue Fund, although it’s true that the government gives away billions of subsidy income. You have?

This concept increased with the stature and debt consolidation time of the firms were presented

money loan

Today, you will find many such businesses on the planet around you and most of these businesses assist Americans to get rid of personal credit card debt while in the largest method. Americans are now able to use the businesses of these companies to avoid damaging their credit score by not spending their debt on time. It is only because of the performance of this option that one could see a huge increase in the amount of people who merge their debt.

Getting cheap loans depends on a huge level on your health insurance credit and homeowner standing although there are always a lot of creditors on the market. In the event that your credit history is fairly reasonable with a large debt to revenue rate (DTI), creditors may subsequently be more ready to give you competitive quotes.

Are you aware of the distinction between a fixedrate mortgage and an arm?

money debt

This may be one of the things you need to know before getting a mortgage loan. As a result of increased competitiveness, while in the credit sector, there are more types of home loans today than 10 years ago. The main element for success in choosing a mortgage is always to consider your long term finding a loan that suits those ideas and plans. To achieve this, you should study the pros and cons of primary mortgage types. But the problem is that you will find very few companies that offer apartments or houses for rent with little credit.

Often collateral setting can attract more convenient choices than not placing any security

money dbt

With security, the mortgage lender’s money has to be repaid, even if the borrower does not repay an alternative. As a result, he presents lower interest levels on terms and loans.

and that even after the implementation of a series of conditions and terms. Their first requirement is that you should have no criminal charges and a reliable monthly income. Different organizations have different rules. Renting after an eviction is not a simple task at all. As for the type of house or home it could accommodate you you need to make sure on your part too. Choose regarding the size of the residence after going through your check.


Even if the prices are extremely low today, they try to find the most suitable bank and need to look around again

money debt

As well as the interest rate one should also think about the final cost of the service. Do not decide without evaluating against and their pros and receiving estimates at least 3 lenders. It requires friends and family members and members of the family unit for suggestions or criticisms can study online compiled by other individuals, as if. Make sure to communicate with anyone with knowledge in this area if you decide to consider the second way. By doing some research you can easily search for a bank that gives much better service and interest rates than other lenders in the market.

Does Making a Loan Application Decrease Credit Points?

Making a loan application is among the factors affecting the credit score. The question of whether applying for a loan asked by the borrowers lowers the credit score can be answered in some cases. Because when people who have low scores in Good Finance data apply for a loan, the existing credit points decrease.

However, this situation is of course based on certain criteria. The credit score continues to increase in cases where people who have sufficient points to get credit to apply for the loan and the payments are made regularly. However, when people who are below the level that should have a credit score make a loan application, the loan application is rejected and this reflects on the Good Finance score, causing the current score to decrease.

Things to do before the loan application

Things to do before the loan application

The application process is one of the most recent stages in loan purchases. Learning to find the Good Finance score before applying for a loan is among the procedures to be done before getting a loan. Banks that approve loan applications for individuals with a Good Finance score of 1400 and above, and automatically reject loan applications for people who are below 900. Credit scores are dropped because people in this situation are automatically rejected when they apply.

How to Increase Credit Score?

People who want to increase their credit score first take the first step to increase their credit points to the desired level by starting to pay them and making regular payments from the beginning. On the other hand, transactions such as regular credit card usage, regular payments and timely payment of borrowings are among the reasons that increase credit Good Finance points.

Credit Score Despite Ratings

Credit Score Despite Ratings

After the credit score approval process takes place, it tends to drop first. The only reason for this is that the borrower has a debt that he must now pay. However, when borrowers pay their debts regularly, this situation is reversed and credit points start to increase above their current points. Those who do not want their credit points to fall should pay regularly.

Those who want to achieve very good scores on credit and do not want to have problems with the use of credit should pay their credit card or prepaid credit payments regularly without paying time. On the other hand, information such as business information and regular working hours are among the factors that directly affect the credit score.



People who fall to 900 points or below, that is, the black lists of banks, should take a few steps to get out of this situation. In order to get out of the black list in the fastest way, the bank customers who need to pay the current unpaid and overdue debts, on the other hand, will continue to use the credit card they use regularly, and pay their bills by credit card will also increase the credit score and help to get out of the black list faster.

At the same time, it is among the factors that make a loan application to the same or more than one bank at short intervals, which are among the mistakes made by blacklisted persons and decrease the credit score. For this reason, people who do not want to drop their credit points and want to get out of the black list can increase their credit points by using their existing credit cards instead of applying for loans and making regular monthly payments. Because borrowing with a credit card also means getting a loan, Good Finance scores are getting old quickly with regular payments to the credit card.