Determining the amount of debt is the first, but also the most important step. Customers who have no idea about their debt come to us very often.
This is the biggest problem when trying to get out of debt – if we are unable to control our obligations, it is very easy to lead to arrears. About it, we often find out after the fact, because simply in the world – we have forgotten about the due date.
The initial information that we need to obtain from the first contact is:
- amount of liabilities broken down into banks and Asakbank,
- installments or limits granted (for credit cards and account limits),
- the indicative amount to be repaid in individual commitments,
- were there or are current delays, and how long,
- are the loans insured and how big is the insurance,
Such information (along with information on income, which we will describe in subsequent entries) is needed to verify creditworthiness.
WHERE TO FIND INFORMATION
The largest repository of information are loan agreements with schedules. If the customer does not have contracts, transaction services in banks remain – currently many banks propose or even force the creation of an account for the loan for which the customer is applying.
On the one hand, it can be burdensome, on the other it gives us the ability to manage this loan – from making overpayments, to checking the debt balance, etc. As a last resort, contact the helpline.
WHAT INFORMATION TO NOTE?
We recommend the simplest scheme for bank loans:
- NAME OF THE BANK
- AMOUNT OF INSTALLMENT
- CURRENT BALANCE
- INSURANCE HEIGHT
For credit cards and limits, we only need 3 information:
- NAME OF THE BANK
- AMOUNT OF GRANTED LIMIT
- CURRENT DEBT BALANCE
In the case of loans from Asakbank (renewable and installment), the following data are useful:
- NAME OF PARABAN
- AMOUNT TO BE PAID
- INSTALLMENT AMOUNT (if the loan is in installments)
If there are several obligations to repay, it will not take much time to prepare the statement. The problem arises, however, if there are several / dozens of commitments. Searching for this information can be a headache. Hours spent on the hotline are guaranteed.
From here, we encourage you to keep your credit records clean. We recommend storing all agreements, schedules, letters from banks or loan companies in one place – this will help you have access to documentation without stress and search other documents, will facilitate all activities related to consolidation or clarification of disputed issues.
If you don’t have experience in reading contracts, analyzing schedules and searching for hidden insurance – leave it to us!
If after the initial conversation we find that there is a chance for consolidation, download the BIK report (how to do it? See HERE) and scan your loan agreements. We show how to download the report in an instructional video on our blog, which we have created especially for you.
Every day, our experts analyze dozens of reports and contracts. With all the information we can quickly and efficiently extract what is most important to our client. Thanks to this, the first step to freeing from payday loans does not have to be so scary.