Many people, after constantly trying to contact companies that provide title loans without BIK, and after receiving negative decisions, begin to think that it is not possible to get a title loan in their financial situation. This is not entirely true, because 90% of indebted people have a chance to get a title loan. Just find the right company. Our company, which is behind the site Kredyt-dla-zadłużonych.pl, can boast that we consider positively over 75% of submitted applications. Thanks to this, we give a chance for a large number of people to repay their debts, consolidate payday title loans, and go straight. Unfortunately, aggressive advertisements of banks and companies that provide payday title loans make it very easy to fall into so-called consumerism. In a big simplification, it means that we buy unnecessary things for which we do not have money (title loans and credits). It may seem absurd, but if we look at statistics about the average blacksmith’s finances, they are frightening.
Most people do not have any savings, let alone talk about investing. Only a few percent of citizens deal with this. Unfortunately, the fact that Poles do not save, there is a lack of good financial education. From parents and at school. The most common excuse why I do not save is “I do not make enough money to save my money.” Unfortunately, but in the vast majority of cases this is completely untrue. Almost never you earn so little that you can not spare. The basic mistake, which is most often committed, is first spending money and putting into the moneybox what will remain. Unfortunately, it usually does not stay too much, and usually not at all. Therefore, a much better solution is to first insert the planned amount into the piggy bank and spend the rest.
Why a title loan can help get out of debt?
Credit is not always, but often can be a support in going straight out of debt. There are situations where interest is greater than we can pay back. Then it is impossible to reduce even a small amount to be repaid. This usually happens when we exceed the designated time for repayment. Penalty interest begins to increase, and besides, if we are assigned a bailiff, he will also collect his commission. If we start to sum up these fees, then we can find ourselves in a situation where we do not earn enough to cover interest. In this way, the amount to be repaid from month to month does not decrease at all, but on the contrary, it increases. What to do in that case? A good solution is to find the right consolidation title loan for the indebted. Thanks to this, interest will cease to grow and we will be able to start paying off the title loan in peace.
How long do they influence psychological comfort?
Probably most people know that the debit on the account and does not have a positive effect on well-being. Debts in banks or parabanks make self-confidence fall. We stop being involved in social life, because you have to have money to go to the cinema, restaurant or bar. Fewer friends make it easy to get into a bad financial situation. Without external support, you need a lot of self-discipline and determination to deal with a difficult financial situation. However, of course, nothing is impossible. There are people who come out of huge debts, and are able to create a new life for themselves after this transition. For sure, it is not an easy road, but certainly worth the transition.