Payday loan without commission, payday loan installment – these are often hot and non-bank loan offers sought after by customers. But there are also those who pay attention to other parameters – for example, verification of creditworthiness. For them, the most advantageous option may be, for example, payday loan without TLV.
Instantaneous pay without TLV – or also for those in debt?
Can people in debt apply for a cash loan? Yes, among the entities operating on the payday market we will find companies that have such offers. Loan companies may or may not check the financial or creditworthiness of their potential customers. Most often, these types of offers are referred to as payday payday without TLV, payday payday without BIG or payday payday without databases. What does it mean? What characterizes these types of offers? What databases are we talking about?
Let’s focus on the information that should be assimilated by anyone applying for online payday loans. On the one hand, it’s simply about understanding this process. On the other hand, as potential clients, we can adapt market offers to our needs and current financial situation. This is especially true for people in debt.
What is the difference between BIG and TLV? Legal basis of their activity
Both loan offers – payday payday without TLV and payday payday without BIG – are associated with institutions that maintain debt registers. The registers apply to both private individuals, including those running a business activity, and companies. TLV and BIG differ primarily in the type of data they provide and the source of their origin.
Let’s expand the shortcuts. TLV is a Credit Information Bureau. BIG is an Economic Information Bureau. TLV is an institution that maintains and provides the only in Poland and uniform data register related to the creditworthiness of companies and individuals. It operates on the basis of: the Banking Law, the Act on the protection of personal data and a general regulation of the EU Parliament and the Council on their protection and the Regulation of the Minister of Finance, which concerns the scope of data exchanged between financial institutions.