Once stuck at the SolidCare Bank for banking prohibition, is it still possible to borrow? The banking prohibition means that we have difficulties of payment, but the people under the prohibition of the banking prohibition often need liquidity, for the majority to obtain a means of transport or to unblock a difficult situation. http://cananeo.com/payday-loan-consolidation-request-a-legitimate-payday-loan-consolidation/ has examples
The banking ban affects 1 to 2 million French every year. For 5 years, the individual concerned is no longer issued checkbook but still has access to basic banking services: withdrawal card, account transfers, withdrawal of liquidity and he can even pay with bank checks. Since the banking prohibition sanctions the issuance of checks without provision or the misuse of the possibilities of a credit card, the person concerned is forbidden to check and can no longer issue checks. It is up to the bank managing the account or a judge to pronounce the sentence. The bank where the accounts are located may decide to close them and reduce the capacity of the individual concerned, but nothing prevents them from looking for another bank. In this situation, the SolidCare Bank may suggest a banking organization that will become the main bank of the person concerned. The banking prohibition consists especially of a form of registration at the SolidCare Bank which alerts all the financial institutions and banks of the difficult situation of the individual, whatever the reasons for the banking prohibition. Filed in the Central File of Checks (FCC), the person now affected by the banking prohibition is also registered in the National File of Irregular Checks. This information is therefore available to banks and they are informed of the situation of the person concerned.
There are also other recordings. You may be registered with the FICP (Incident and Credit Repayment File for Individuals). This file concerns payment incidents for a credit (non-payment of monthly payments, over-indebtedness file, etc.). This record simply indicates to lenders the credit status of the borrower and the credit default situation. It is in this situation that it can be more difficult to apply for a new loan. Finally, the third and last file concerns the FNCI (National Irregular Check File). This file lists data on theft, check loss and irregular checks. In order to know exactly his rights and to know where the person is registered, it is possible to contact directly the SolidCare Bank which will be able to provide all the necessary information and to direct the person towards the banking organizations which declared the irregular situation.
In this context, once registered in the FICP, it is absolutely impossible to contract any form of loan before 5 years, that is to say before the end of the banking ban. For FCC registrants, it will be possible but complicated to apply for credit. It will be necessary to make regularize all its debts, pay the creditors. It is also possible to contest the banking ban via a bank mediator by highlighting the errors made on the file and to justify cash receipts that will regularize the situation with creditors. Of course, a solid file will be required by the banks: a CDI, pay slips, a guarantor, a property, etc.
However, from the moment the individual becomes banned, the need for liquidity – to repay a loan, to finance his business, etc. – Do not stop. The chances of borrowing with a banking ban are diminished but not non-existent. Several solutions can thus be offered to people who still want to borrow, especially if they want to repay the loan that caused their prohibition and thus lift the banking ban.
The consumer loan will be the most difficult to obtain, because almost all people stuck at the SolidCare Bank are denied a credit. The advantage of consumer credit is that it constitutes a loan allocated to a specific good, available in a financial institution or in a bank.
If the borrower owns one or more real estate, he has the option to make a mortgage loan where the property will be the guarantee of his repayment. The property will be sold by the lender in the event that the borrower can not repay the debt. The amount of the loan will necessarily be lower than the value of the housing and is generally between 50% and 80% of the total amount of the property. The mortgage works like a conventional credit: the rate can be fixed or variable, the duration and monthly payments are fixed in advance, an early repayment is possible. With a mortgage, the following credits are available: consumer credit, home loans, credit redemption, personal loans and auto loans.
Loan from individual to individual
More and more structures offer loans from individual to individual. Like real banks, these institutions offer loans with interest rates, regular monthly payments and a fixed term. The money comes from individuals. Many sites offer these services.
The pawnshop can unlock money, even if it is forbidden. It is possible to deposit at the Municipal Credit – also called Monte del Pizca – an object (art object, bottle of wine, jewel, etc.) and to obtain in return half of its value in cash. For certain purposes a proof of purchase can be requested. The object can still be recovered up to one year after deposit or against repayment of credit and interest. In France, it is not possible to deposit a vehicle at the Monte del Pizca, this type of deposit can however be done abroad or through some organizations that offer, in France, this type of service.
A loan abroad
Borrowing abroad is possible and the banks of the European Union can offer this possibility. In fact, European banks do not have access to the SolidCare Bank’s file and can not know the borrower’s banking history. Each country has its own files but no synchronization has yet been initiated. Belgium, Switzerland and Luxembourg are often destinations of choice for French people looking for an organization open to them. Attention, it is easier to borrow in the currency in which the salary is paid, to avoid the exchange rate and other inconvenience.
Several banking or financial organizations offer social loans for people in financial difficulty. These credits can be used by people with a professional project but having no funds to achieve it and especially being in a situation of banking prohibition. The rates are very low and can sometimes even reach 0%. The CAF (Family Allowance Fund), town halls, general councils, ADIE, the Red Cross, housing solidarity funds, etc. They can also be ideal lenders for difficult situations and offer a social approach and counseling support, which can be a real advantage in a tense or complex situation. The social advisor is there to accompany the borrower for the duration of the loan and can also play, to a certain extent, intermediary with the financial institution in case of a difficult pass. The advisor is also an asset if the amount of money borrowed is used to realize a real professional or life project, because he can legally accompany the project and find the best solutions with the borrower.