Need a bad credit loan right now? Request a loan online
Bank loans are not available to everyone. The condition is a minimum age of 18 years and permanent residence in the Czech Republic. But that’s not all. Pursuant to the new Consumer Credit Act, Roof, as well as other banking institutions, is obliged to thoroughly verify the solvency (so-called creditworthiness) of each applicant for a Post Loan. This means that only the candidate who has sufficient income and can prove it will receive the payday loan.
The loan is not suitable for risk groups with irregular, low or even no income. There is no chance for people with records in one or more registers of debtors and people who are in enforcement or insolvency proceedings. Neither a bank account holder can apply for a loan.
Of course, there is a distribution of repayments into monthly installments, up to 8 years. More than advantageous is the possibility to adjust the number of monthly installments during repayment. They can be lowered, increased and even delayed for a certain period of time. There is no charge for early repayment. The loan can be canceled completely within 30 days of the arrangement. More detailed information for bad credit loans online is available on this site.
FAQ – Frequently Asked Questions
Is it possible to arrange a postal loan only over the Internet?
No, a postal loan can be arranged online, by phone or in person. In the case of a phone call, just enter your phone number on the site and your sales representative will contact you as soon as possible. In case of a personal request, it is necessary to visit the branch of Roof.
How high can I borrow and for how long?
The postal loan offers CZK 20,000 to CZK 800,000 with a maturity of 1 year to 8 years. The amount of loan and maturity depends on your financial capacity. In the case of joint property of spouses, the application for a loan over CZK 300,000 requires the consent of the spouse.
What documents do I need to handle a Loan?
Clients of Roof only need an identity card if they have an account older than 3 months. The others still need confirmation of income (confirmation from the employer, tax return). For foreigners, the second proof of identity (driving license, passport) is required.
A payday loan from Roof is a safe and trustworthy loan that can be used for anything. The main advantage is the possibility to arrange a loan over the Internet without the need for a personal meeting at the branch. It is disadvantageous to verify the applicant’s creditworthiness. However, this not only protects the lender but also the applicant himself from irresponsible debt.