The banks’ reluctance to share loans with people outside the family resulted from a higher credit risk than if one of the borrowers was a relative. However, financial institutions have changed their approach and become more liberal in this matter. Thanks to this, we can get a loan, e.g. from a partner, partner or friend. When we decide on such a solution, it is worth making sure that the person actually helps to bear our credit standing. It may be because it has its own financial obligations or has a low income, and thus instead of helping us, it just hurts. Meanwhile, the co-borrower is to increase our creditworthiness so that we can get a loan at all and thus apply for a higher amount.
Cash loan with any person
Eurobank enables the combination of income with an unrelated person under the Loan for Everyone. In two people we can apply for up to 120 thousand. PLN for 108 installments One person who will increase our creditworthiness, and thus allow you to take a higher loan, also accepts Creditcole. We can get a maximum of 120,000 PLN for 72 months. In turn, Meteor Bank makes it possible to split a loan in the amount from PLN 500 to PLN 150,000. PLN between three co-borrowers. The repayment period is a maximum of 10 years.
Check in at the same address
Some banks allow you to take out a loan with a person who is unrelated to us, with whom we run a joint household. The condition is that it must be registered at the same address. Puttin Bank offers such a solution, where we can get a cash loan of up to PLN 200,000. PLN with a repayment period of up to 8 years.
The same responsibility
When taking a cash loan with an additional person, it is worth remembering that responsibility is divided equally among all borrowers. If we stop paying the liability, the obligation to pay the debt will fall on the other borrower. You can also opt out of a co-borrower. This applies when our creditworthiness improves and we find that we will be able to deal with its repayment ourselves. Then we report the need to the bank and sign the annex to the loan agreement.