Many of us used Internet loans. It is an opportunity to receive quick cash, often without certificates and no security. Due to the possibility of getting a free time, we often make another loan without forgetting. There is nothing wrong with borrowing money online, the problem arises when we are unable to pay our debts. Individual companies are pursuing us, demanding interest and threatening the debt collector. What to do in such a situation and if you can consolidate payday loans online?
Consolidation is a combination of several financial liabilities contracted into one, with the possibility of paying off a single installment per month. Its main advantage is the reduction of monthly costs of loan or credit servicing and extending the loan period. Unfortunately, banks do not offer consolidation of loans over the internet. They only offer a combination of cash loans or loans, but taken from other banking institutions. Popular weekly arrivals are not included in this procedure. Unfortunately, Poles make one of the most common mistakes that cause them to become entangled in the debt network. Namely, they take out Internet loans to pay their debts, for example in a bank. To avoid this kind of solution, you should think about consolidating your debts in advance. However, it is worth applying for a short break only for satisfying your urgent material needs.
The Casharp loan company, which deals in online payday offers, also offers a consolidation loan for repayment of loans over the internet. The minimum loan amount is PLN 2,000, the maximum is PLN 16,000. The offer is addressed to people who are 18 years of age or older. Casharp does not require any income certificates, however, he examines the creditworthiness of his potential clients. In addition, it checks the borrowers’ data in the Credit Information Bureau. However, the cost of consolidating online loans is higher than for consolidation loans offered by banks. Nevertheless, this process for Casharp is faster and payday consolidation takes place even in one day. The loan application must be completed online, where we additionally select the amount of the monthly installment and the repayment period. Consolidation of loans over the internet can only be offered to the borrower who regularly repays his debt.