Loans and loans are external sources of financing for any financial purposes of clients – borrowers or borrowers. One of the credit forms is a loan for a statement. What exactly is it?
Definition of a loan for a statement
A loan or loan for a statement is a form of external financing for clients of banks, credit unions or loan companies. Theoretically, a loan for a statement is a solution that allows you to take out a loan only on the basis of a statement of earnings made by the client. The declaration is submitted under criminal law, that is why the bank trusts such declarations. At the same time, a loan for a statement of income does not require documenting the amount of our earnings. The customer does not have to confirm the place of employment by showing a contract of employment.
Thanks to cash loans on the statement and loans on the income statement, you can quickly and effectively obtain the desired financing without wasting time on the tedious verification procedure.
Limited options for borrowing a statement
As a result of the T Recommendation of the Polish Financial Supervision Authority being implemented in Poland, it is practically impossible to obtain a loan for a statement of income. All data provided by the customer in the loan application submitted to the bank are reliably verified. In rare cases, an exemption can be made for regular bank customers and a car loan or cash loan for a statement can be provided.
Each bank has the obligation to look into the credit history of the client at database, and the income of the potential borrower must be confirmed by relevant documents. Even if a loan is granted for a statement of income, this statement will be checked at the source at the workplace.
Loans and loans for the statement are granted only by selected non-bank companies. In this case, the compliance of the data provided by the applicant regarding the amount of income and employment will not be checked. For loan companies, it is sufficient to verify the client’s personal data via a verification transfer. The loan is granted in a simplified procedure, even on the spot.