What is a Negociation Loan?

  Negociation loan means and uses. A Negociation Loan is used exclusively in the business sector. It can come into play whenever export and import transactions are to be financed. The contracting parties thus mutually secure the payment. Negociation Loan in the application If you, as an entrepreneur, would like to import goods from another…

What is a loan application?

The condition query before the loan application Before the actual loan application is first a condition request at the desired bank. You provide information about yourself, your place of residence, the desired loan amount and, if necessary, the purpose of the loan. The necessary information depends on the type of loan. For a consumer credit,…

Refinancing payday loans 180 months

Transfer your current payday loan to a new one with an extra long term of 180 months? That is now possible. Camibank introduced the refinancing on 12 September. Do you have a current loan and do you want to refinance it so that you increase your current term to 120 months to a term to…

What is credit fraud?

Fraud in terms of a Loan Credit fraud is a criminal offense, which is defined in the Criminal Code under 265b. The definition implies that only companies can commit credit fraud to other companies. For individuals trying to obtain a loan unlawfully, the more common offense is fraud related to borrowing. When do companies commit…