Gone are the days when consumers had to look their best and nervously and patiently sit attentively at the bank clerk’s desk while he studied their personal life and history. He would studiously pore over personal documents before nonchalantly and without any further emotion inform his prospective clients that no loan or mortgage is feasible or possible. So, after all this time and trouble, consumers’ worst fears were realized.
It was always difficult for the average man and woman in the street to access loans from conventional institutions. Many small businesses lost out on great opportunities because they were also declined. It is ironically thanks to the crises caused by these same institutions that the rules of the game have quite literally been changed and the ball has now swung quite favorably in the direction of consumers. Today, they even have access to forbrukslån med betalingsanmerkninger.
What this basically means is that even consumers who have a history of payment defaults may be eligible for flexible and affordable loans. The main criteria used to gauge whether a client should be rewarded with finance is forward-looking and entails a degree of trust. The client must also act in good faith and be honest and accurate in his motivations and subsequent dispensing of details to the lenders’ representative agents.
And in a matter of less than a day, good news can arrive in the client’s inbox. Also, funds are paid out on the day. But clients still need to act fast as well, thinking on their feet to determine what they can afford to pay per month and how prudent a repayment timeframe will be. Amounts accessible range from as little as ten thousand kroner to as much as five hundred thousand kroner.