The popularity of loans among the Czech population is increasing year by year. Salaries are decreasing and, on the other hand, the cost of housing, food and leisure activities continues to increase. We cannot be surprised that more and more families are in debt. There are many ways to apply for a loan today. Probably the easiest way is to fill in an online form, which you can find on a large number of websites dealing with telephone loan brokerage.
Another possibility is, of course, a visit directly at the branch or arranging a loan via SMS and telephone. And the last mentioned method is the most risky. Why is this so? Look for a few lines below.
Beware of phone loans – phone bill is higher
It starts quite innocently and ads like – call us, we will lend you . Few read the terms of the call, which are (sometimes not even) in the ad in miniature. Usually, such a minute of talk can climb up to 90 dollars. But a man in a difficult situation will say, “Well, I’ll do it quickly, and I’ll survive the two hundred per call.”
Unfortunately, often the call with the client is artificially stretched and it is no exception that the account will climb up to several thousand, often even more than the amount of the loan applicant.
There is a ban that nobody cares about
The amendment to the Civil Code also came with a ban on such overpriced telephone lines. Their owners, however, always find some loophole in the law and people in a difficult financial situation cheer happily on.
Therefore, if you plan to arrange a loan over the phone and you do not like your carrier’s practices, immediately end the call. In the final you could indeed make a huge sum and the loan would not have been approved anyway.
Loan and Credit Bank returns payments by the end of the year Non-bank loans immediately What to be careful about when arranging a loan? How to set up a non-bank loan?