WHEN TO START, PREPARE DOCUMENTS
Documents should be prepared without any delay as soon as possible. We do not have many of these documents at home. We will not receive many of these documents by the hand. Also, due to the waiting time for some of these documents, do not hesitate to collect them. Due to the fact that we prepare the documents much earlier, we will improve the entire procedure of obtaining credit in this way. Thanks to this, we will get a much faster consolidation loan. When we apply for a consolidation loan, we want time. The faster we prepare the documents , the sooner we get a decision from the bank and we will be able to pay the installments faster in the new amount after consolidation of loans.
MOST IMPORTANT DOCUMENTS – IDENTITY DOCUMENT
Depending on the bank, we will need one or two documents with a photo during the loan granting procedure. These documents are not unusual. They are necessary to verify our identity by the bank. A proof of identity will be a necessary document in each case. When choosing a bank, you should also pay attention to the validity date of our ID card. When handling formalities, it often turns out that we have a personal ID that has already expired and we have not even paid attention to it before. If the bank will require a second document to verify our identity, it may be, for example, a passport or driving license,
CERTIFICATE FROM A WORK PLANT ABOUT OUR AGES
If we are employed on the basis of a contract of employment by applying for a consolidation loan, we will have to present a bank statement confirming the period and type of contract. In addition, the next document we need from the workplace is a certificate of earnings. Depending on the bank, the certificate of earnings may refer to different periods, eg three months, six months or even a year.
If we are persons conducting non-agricultural activities in order to document our situation, we will have to submit a document from the Social Insurance Institution informing about not paying social insurance contributions and from the Tax Office about not being in contact with taxes. We will also have to confirm the fact of running non-agricultural activities by entering the Central Register and Information on Economic Activity.
HISTORY OF OUR PERSONAL ACCOUNT FROM THE LAST PERIOD
The account statement will allow you to document regular receipts on our personal account. If we are trying to get a loan from the bank with which we have an account, the account statement is unnecessary because the bank will have access to it. If we are trying to get a loan from a bank we are a new customer with, we must have an account statement in our documents .
DOCUMENTS CONFIRMING PREVIOUSLY OBLIGED COMMITMENTS WHICH WE WANT TO CONSOLIDATE
In order for a bank to decide on granting a consolidation loan, one of the information that must be held is the amount of our debt and where we have liabilities. The consolidation loan is to pay off our previous liabilities, so we must have all the information about each of them, such as loan agreements.
HISTORY OF REPAYMENT OF PREVIOUS LIABILITIES
The bank may also request us to present a schedule of our repayments and information on the amount of current debt. the bank may also ask for bank account numbers to which we pay installments of individual loans.