There are countless non-bank loan providers on the Czech financial market. Most companies have branches in Prague.

Non-bank loan in Prague

Non-bank loan in Prague

Getting a non-bank loan in Prague is perhaps the easiest and fastest way. Just choose a company, make an appointment at a company branch. Usually you will get the money immediately after signing the loan agreement. A non-bank loan is a loan mostly from a private investor or a company providing loans without CNB supervision. They can thus have more loose conditions and requirements for loan approval, and the vast majority of them do not view the register or record income. Many of them are secured by real estate collateral or bills of exchange.

You can only get non-bank loans in Prague for a valid ID card. The condition for obtaining such a loan is usually the age of majority, citizenship of the Czech Republic, any income – maternity, social benefits, pension, education or salary. Some companies do not assess your payment history but the current solvency. However, you must not have execution or figure in the insolvency register. Non-bank loans may be higher amounts or also lower, short-term before payout, with a higher interest rate. Getting a non-bank loan is easy, but unpleasant complications in the form of high interest and fines await you in case of default.

Short-term loans

Short-term loans

You can use non-bank loans, especially short-term loans, repeatedly. As a rule, after returning the amount, you have the option to borrow more than the first loan. Some non-bank loans are up to a certain amount free of charge. You have money in your account 15 minutes after the approval of a non-bank loan application, as most providers of these fast non-bank loans own most of the Czech banks, which speeds up the transfer process considerably. Mostly you can apply for a non-bank loan online from home, without going to a branch. Usually you only need your own phone, email and account. If you apply for non-bank loans in Prague, just visit a branch with a valid OP and a functional mobile phone. You can repay non-bank loans by bank transfer, direct deposit to the bank’s bank account or directly to a non-bank loan branch in Prague. Another option is to set up a direct debit authorization in the bank and the company regularly pays the installments. You must always have the necessary balance. If the installment is not deducted, you will be in default with the repayment, which may result in high fines and penalties for default.

You can also get a non-bank loan if your bank does not lend you because of your old age, or you have execution or do you want to consolidate more non-bank loans into a single installment? All this is possible for non-bank loans in Prague. All you have to do is to document the necessary loan documents and, after consolidation approval offered by several larger companies, you will reduce installments, fees and interest and save you up to several thousand a year. Some non-bank loans in Prague can be brought to your home by sales representatives. Just sign the contract and the money is yours. Solid non-bank providers will give you access to a preview before signing it, it is important to read the contract properly, including all attachments and small fonts. Make sure you don’t have any unexpected charges, penalties or fines, for example, for early repayment of the loan. Your sales representative should give you complete information about the loan you provide and not hide anything. If you are required or required to sign up for a fee in advance, do not sign the loan agreement and look for a trusted company. On the internet you can find reviews of both positive and negative, black and white lists of loans. Always consider whether a loan is a necessary solution for you.