Loans for Slovaks are mainly sought after, but of course, they are far from being just about them – in general, people with other nationalities, especially citizens of European countries, are also interested in loans for foreigners. However, foreigners have a bit more difficulty in finding a suitable loan, especially if they do not have a permanent or temporary stay in the Czech Republic.
Loans for foreigners with permanent residence or without permanent residence
Loans for permanent residents are offered by a relatively large number of companies – there is not so much risk of permanent repayment that the person in question does not repay the loan and thus this type of loan is more accessible.
Of course, it is necessary for the applicant to submit all required documents, including those that confirm that he / she has a permanent residence permit in our country. On the other hand, loans for foreigners without permanent residence may be a bit worse, but even with temporary residence, many providers have the opportunity to obtain a loan.
Loans for foreigners who have a temporary stay in the Czech Republic
At present, loans for foreigners with temporary residence are available at a number of entities, in particular non-bank companies where requirements are milder. Conversely, borrowing for foreigners without temporary residence is very difficult to find, every provider logically needs to have at least some guarantee that he will not lose money.
In the category of loans for foreigners, the country of origin of the foreigner in question also has a role to play – it is easier for European Union citizens to do so, while applicants from other continents may have more complicated handling of credit applications.
But it is always up to each individual credit provider to determine the rules they set. If you are a foreigner and you are looking for an affordable and reliable loan, be careful about what kind of company it is – not all those who offer loans are honest and you might easily find yourself confronting various fraudsters taking advantage of for a loan.
The easiest and most reliable solution to finding 100% secure and proven loans for foreigners is to choose them using an independent internet credit grader – you are on one of them.
You will only find loans that you can rely on and that have no fraud risk. At the same time, you can easily find the loan that is most beneficial for you and corresponds to your need – whether you prefer low interest rates, a broad credit line, or the longest loan maturity.