Austrian banks and financial companies do not have access to the Hungarian KHR system, so they are not aware of it (as in the “good old days” before BAR and KHR), if one is considered a negative debtor by Hungarian banks. As a result, taking on a new loan is likely to cause far less worry, search and difficulty than it would be for a blacklisted debtor to pursue a loan application in Hungary. However, favorable conditions and lower interest rates (mainly personal loans, mortgages) do not only attract the attention of indebted people.
The Austrian loan is a favorable loan for borrowers in Hungary. Why does this type of loan come first when it comes to active KHR listed clients?
The answer is very simple
In addition to active KHRs, Hungarians with a bank account in Austria and working at their place of work typically use preferential Austrian loans. Most of the income is spent in a small country, but the credit claim naturally comes from a country where credit institutions offer better terms. It is good for someone who goes shopping at the end of the month with the same light momentum as at the beginning of the month, after payment, but unfortunately many people are in a strict financial position and can save up to 5-10-20 thousand HUF.
For those who have nothing to do with Austria
It is no wonder that they only take longer trips when they need it in order to finally get a loan. But the need, as we know, is truly great Lord. As a negative debtor, we want to choose between options in vain because we don’t have much choice. Applying for a loan is the cleanest and safest on your own behalf from a famous bank.
The lack of blacklisting as a debtor and the lower interest rates and costs of Hungarian banks are another significant advantage for Austrian credit. And this is the stability of the euro, the currency used by the Austrians. An unstable, sometimes high or low value currency would not be attractive to customers even nowadays, even if they were to advertise low interest rates. After all, if the euro were to fluctuate significantly, low interest would be worth nothing. Today, the number of applications for Austrian loans has fallen significantly because of a legal restriction in Hungary in order to terminate foreign mortgages as much as possible.
As a result, anyone who is actually a blacklisted debtor
Applying for an Austrian loan should look specifically for a site that not only mentions, but where website designers introduce their readers to the smallest, current details of Austrian credit.
There are life situations, situations where borrowing is the best solution. We would like to emphasize that before deciding on additional credit to an existing loan, let us look at ourselves to see if there is no better way to solve our problem. If we find it really is not, everyone should do everything in their power to ensure their safe future living with increased repayment burdens.