Searching for loans with Jenny seizure may fail even for non-bank products. Obtaining this type of financing is not impossible, but you have to be prepared for the fact that the choice will be limited, especially since in a situation where one has debt and is subject to its execution, not only the status of BIK or BIG, but also creditworthiness . So where do you go for cash and does a small loan in the form of payday loans make sense in such a situation?
I have a Jenny – what is my chance of getting a loan?
Jenny enforcement is in itself an unpleasant act for the debtor. This is not only associated with a long-term deterioration of the financial situation, loss of part of earnings or savings accumulated on the bank account, but also prevents the use of financial assistance. There are several reasons for this.
First, of course, this is a negative entry in the credit history of BIK. Currently, due to the high popularity of non-bank online loans, more and more companies do not want to grant loans to people who cannot boast of a good repayment history. This is often called responsible lending, i.e. one that does not expose the borrower to the deterioration of his already uninteresting position.
Custom loans will help save the situation
It is easier to get a loan with a guarantee from Rapida Money, which offers up to USD 25,000. It is also available to people with Jennys, if they meet different conditions and have a guarantor. Formally, nothing prevents you from getting such a loan. However, the biggest problem will be finding a person who would agree to become a guarantor. It is hard to expect that there will be people willing to risk losing their liquidity for someone who has had problems with paying their debts before.
A decisive borrower with Jenny seizure can still seek happiness through social loans, including by Fellow Finance. In this case, it is only up to the investors whether they agree to grant the loan to the uncertain or the applicant. Of course, you should not count on a multitude of offers. At best, there will be several.
Loans only with your head
People struggling with a Jenny can be desperate, which means that they are prone to take advantage of seemingly attractive offers from institutions they have not previously checked. Caution is naturally recommended for every borrower, but special prudence should be maintained by people in a difficult situation, because they are the most common target of fraudsters. Hasty and ill-considered decisions are a double risk that must be taken into account when applying for a loan. Non-bank institutions can be a salvation, but only if the loan is contracted reasonably.