Advertising credits and loans to finance summer travels

Holiday promotions for banking products are not limited to advertising credits and loans to finance summer travels. Contrary to appearances, there are not so many. Today, banks focus on surprise customers, making their summer holidays more pleasant, i.e. primarily image-related activities, not just sales.

Among the holiday promotional campaigns of banks, we can see, for example, providing beach chairs on the beach with your logo, providing access to an ATM where you do not expect it, or allowing clients to work in their office in the open air for free. Today, banks are looking for a competitive advantage in such offers. This does not mean, of course, that they give up sales activities.

Promotion loan

Promotion loan

Cash loans for customers who want to finance their holiday travels are still one of the best-selling products in the summer. Competition in this area is, however, huge, which is why some banks are increasingly lowering the cost of credit so that the customer chooses their offer.

Reduced commissions, one-time refunds for the use of a debit card, no fees for processing an application or for launching a loan – these are just some of the incentives for customers who go on vacation for a cash loan.

However, when using this type of solution, you must carefully check the terms of the promotion. You should always make sure that the seemingly promotional offer is more advantageous than the products offered in the standard. In addition, it is definitely not worth taking the so-called payday loans, they can be very expensive during this period.

Currency at a good price

Currency at a good price

Holiday months are also a good excuse for banks to promote the offer of currency accounts and cards for those who travel abroad. Currently, among others, Good Finance, Fine Bank, and Good Credit Polbank are using it.

If we want to use the card abroad without having to convert the transaction, Good Finance recommends that you connect additional accounts in another currency to your card and account, e.g. in USD. This service is also available via the iPKO website. Fine Bank also reminds of a debit card in many currencies – here it is one card connected to several accounts in different currencies.

As part of the summer special offer, Fine Bank until September 30 this year. does not charge for all ATM withdrawals abroad. On the other hand, Good Credit Polbank, as part of the summer promotion of a foreign currency account in USD, does not charge any fees for keeping it and issuing the card.

The use of the card is free provided that at least three non-cash transactions are made abroad during the year. In turn, the withdrawal from an ATM is already charged a fee of 2 USD. The account is connected to the R-dealer platform to help travelers exchange currency.

Picnic, sunbed, free coffee

Picnic, sunbed, free coffee

In addition to purely product promotions, banks during the holidays also carry out other actions aimed at reaching the relaxing client. Good Finance decided to launch mobile ATMs during the holiday season. They were located mainly in the area of ​​seaside resorts.

Bank customers will not run away from various forms of banking marketing in the summer. Even those who are not interested in a loan, credit or currency account may come across this type of offer on the beach or while walking. And this is probably just the beginning of reaching the client not directly but by the way. This is a fairly clever form of advertising and will definitely bring new profits to banks.

How to get a loan for a company?

Getting a loan for a company is more difficult than for an individual customer, as it is usually more complicated to verify credibility and repayment capacity. Banks may make the decision to grant a loan subject to such elements as the industry or the period of the company’s activity. In some banks, it makes no sense to apply for even a small amount before completing 12 months of operation.

Build a history of cooperation with banks

Build a history of cooperation with banks

However, it should be emphasized that even established entities on the market may not have an easy way to get a loan. It can be facilitated, for example, by generating turnover on a company account at the bank. How? First of all, by “registering” all transactions in the account. This means that cash payments received from customers are better not spent in the same form, but deposited into your account.

Then, based on account history, some banks are able to make a small loan decision. If you plan to invest more in the future in the loan, it is worth using such offers earlier, of course, paying them back in time. This allows you to build a positive credit history for the company.

However, not every loan can be obtained in such a simple way. The loan amount and the purpose for which it will be used to have the greatest impact on the number of formalities that await the company applying for a bank loan. With a small amount (of 10-20% of annual turnover) of the loan in the form of a debit limit, a bank statement and an appropriate business experience required by the bank may be enough. With high amounts, which are usually needed for investments, however, the stairs are starting.

It is true that some banks declare that they are able to borrow 200, 300 or even 500 thousand. USD without collateral, but in practice it is unrealistic and above all more expensive than a secured loan. But preparing collateral is not the only portion of formalities that awaits the entrepreneur applying for a loan.

Prepare documents


Before making a decision on granting a loan, the bank may request a number of documents, ranging from the company’s registration documents, financial documents and certificates from ZUS and Tax Office, and ending with the owner’s declaration of property. The number and type of documents largely depend on the bank itself, each has slightly different procedures related to testing the company’s creditworthiness.

Certainly, however, every bank will ask for documentation of revenues and revenues. You will definitely need to submit a copy of the tax return for the previous year (PIT28 / 36 / 36L together with PIT / B) and a number of other documents depending on how you bookkeeping. Companies settling tax based on the revenue and expense ledger will have to submit printouts from that book for the current year, and it is very likely that the previous one.

In the case of a full accounting

In the case of full accounting

It will be the balance sheet and profit and loss account (P&L) for the previous year and the current period (until the end of the last month or quarter before submitting the loan application, depending on the procedure in which the documentation is prepared).

Entities using a tax card will have to submit a declaration from the Tax Office regarding tax for the current year and a VAT declaration from the beginning of the current year. The VAT declaration for the current year and PIT for the previous year is enough for the so-called ryczałtowców.

Other documents often required by lending banks are certificates from the Social Insurance Institution (ZUS) and the Tax Office (UUS) regarding no arrears in contributions and taxes. It is burdensome that in order to receive certificates you have to complete the relevant applications, file with offices, and in the case of a certificate of no tax arrears, also pay stamp duty (USD 21). In order to make life easier for potential clients, some banks deviate from this requirement, replacing it with the entrepreneur’s statement of non-arrears with ZUS contributions and taxes, possibly requiring certificates only after issuing a positive credit decision.

Think about securing your loan repayment

Think about securing your loan repayment

It also happens that banks require a business owner to submit something like a financial statement in which he or she must disclose information about other credit commitments they have and about the personal property that could possibly constitute collateral for the loan.

Security is a separate topic. It is difficult to get a loan without it, especially if it is relatively affordable. On the other hand, however, many entrepreneurs simply do not have such collateral, especially since banks often require that their value significantly exceeds the value of the loan.

A mortgage on real estate is welcome collateral for banks. Other possible options are cession on the deposit, security in the form of the company’s non-current assets or concluded contract, which will be implemented or surety from persons who are reliable for the bank, i.e. have the ability to repay the liability.

The good news is that banks increasingly rarely require business plans and financial forecasts from companies (unless it is a start-up financing). However, when applying for a company loan, you should be patient.

Currency card – a way to travel abroad – Loan repayment

When traveling abroad, we have several ways to manage our cash. We are aware that using our us dollar payment card will bring considerable costs. Read more at

So we have to look for alternative ways. We can, for example, exchange currency in Poland – in traditional exchange offices or online exchange offices or withdraw cash when leaving the ATMs.

We wrote here about how much it costs to withdraw from ATMs abroad: WITHDRAWALS FROM ATMES ABROAD. Today we will talk about accounts and currency cards – what are they and how can we use them? Let’s see!

What is a currency account?

What is a currency account?

The currency account is intended for people who make transactions in foreign currencies – they make currency transfers or pay in foreign stores.

By creating a currency account, we gain many possibilities. With its help, we can, among others make transfers in foreign currencies, deposit and withdraw cash, pay for goods and services in foreign online and traditional stores, and exchange currencies in e-exchange offices (on much more favorable terms).

Foreign currency accounts also allow you to repay the loan directly in foreign currency, which is a great solution for people who have such liabilities, e.g. for franchisees.

The currency accounts are supplemented by cards issued to them. What should we know about them?

What is a currency card?

What is a currency card?

While currency accounts can be kept in many currencies, cards are issued for bills in dollars, USDos or pounds. You can also connect several currency cards to your account, which will allow you to use them in various regions of the world without incurring gigantic fees. Unfortunately – choosing any additional currency is associated with having another card.

Thanks to currency cards, we will avoid currency conversion costs when paying in a given currency – exactly how much the item or service will cost from your account. If the bill for dinner in Italy is USD 100, this is the exact amount that will be charged to our account.

We will be able to pay in USD, USD or GBP in all places accepting transactions with Visa or MasterCard – including in hotels, restaurants, shops, museums, cinemas, and pubs. Cards issued to foreign currency accounts are equipped with PayPass and PayWave technology, enabling contactless payments.

They can also be issued to minors. Their biggest advantage is the lack of fees for a currency conversion (both during payments and withdrawals from ATMs), often zero issuing costs and the possibility of topping up (pre-paid currency cards).

In which bank will we get the currency card?


Cards for currency accounts offer, among others Good Finance, Honest Bank, Bank Millennium, Genbank, Good Lender or Thrift Bank. Detailed information about the conditions under which these cards are offered (and about currency transfers) is provided in the table below.

As we can see, issuing a currency card to the account is in almost every case free. The exceptions are Bank, which will charge USD 30 for such an activity, F-Mobile Banking Services, where a card costs USD 10, and Good Finance, which will charge USD 10 for a card.

The monthly fee for using the card varies, depending on the bank, from 0 to several dozen us dollars. We will avoid fees by choosing the Good Finance, Honest Bank, Thrift Bank, and Cooperative Bank cards. We will not pay anything in most banks for keeping a foreign currency account.

To sum up, currency accounts are currently included in the offer of almost every bank operating on the Polish market. However, it is worth paying attention to whether the institution also offers an account card.

This plastic can be our salvation in many situations – above all, we can pay with it abroad without the cost of currency conversion. However, we will get this product not only at the bank. We can also decide on the offer of online exchange offices, but we will write about them soon.

Zero interest loans: how to really save.

Buying in installments without paying interest is possible with those that are grouped together under the heading of zero interest loans. It is a type of loan that must be carefully evaluated to see if it is a “real” zero rate or an implicit zero rate.

What do you need to know?

What do you need to know?

When a bank or a financial company proposes a zero-rate loan, it certainly refers to the Nominal Annual Rate or the Tan. When the Tan is equal to 0% we are certainly faced with an interest-free or “implicit” loan. However, for this to be a real zero-rate loan, the Taeg must also be zero. It is in fact the global rate which also takes into consideration ancillary costs such as preliminary investigation, practical management and collection of installments.

The optimal condition is logically obtained with a real rate equal to 0%, but this can only be found in the field of targeted loans or some loans granted as state or regional incentives for starting entrepreneurial activities for the benefit of certain categories (such as young men and women).

Loans aimed really at rate 0

Loans aimed really at rate 0

This category includes formulas which are often the result of special agreements between large chain stores and important financial companies such Lite Lender Company which have a high know-how and presence in consumer credit. These are loans that become accessible respecting some limits that are related:

  • to a minimum and maximum amount that can be financed;
  • the type of products that can be purchased with these types of financing;
  • membership and request during a promotional period;
  • at a limited and pre-established number of installments (generally 10, 20, 24, etc.).

How to request them?

How to request them?

To obtain these forms of financing, which really offer savings in payment by installments, you must contact the staff in charge in the store or follow the online procedures (logically when it comes to chains or shops also equipped with e-commerce). In both cases, the acceptance of the loan conditions the possibility of being able to take home or receive the product purchased with the installment formula.

On the other hand, it is rather difficult to find a zero rate loan for “real” cars. In fact, these are often loan formulas that have a Taeg of a few percentage points. However, this guarantees savings that can be considerable compared to purchasing with other ‘non-subsidized’ financing formulas.

Difference between Pagodil and zero rate loans

Difference between Pagodil and zero rate loans

Finally we find a reality that can represent a valid alternative to the classic 0-rate loans such as Pagodil. Technically this is not a real finalized loan, but a deferred payment concession at a rate of zero.

We speak of very different types both for response times and for the request method.

In fact, the request for a ‘classic’ loan requires an income that can be demonstrated through income documentation (paycheck, Single Model, etc.). The approval times may vary from a few tens of minutes up to a few hours or a few days (if you proceed online and recognition via bank transfer is sometimes necessary).

The use of Pagodil does not require the presentation of profitable documents. You only need a checking account and an ATM (or checks) to use to start the procedure. The response arrives in a few minutes and is given via Pos and sms on your mobile device. If the extension is granted automatically after accepting it with a signature on the receipt of the Pos.

Interest-free incentives for women and young people

Interest-free incentives for women and young people

In 2018, various formulas were re-proposed that young people, those over 50 and women (as privileged categories) can use to finance their own business at zero rate. The percentages and expenses that can be financed are indicated in the regulations which provide for the request and concession procedures, as well as the type of activity in which it is decided to test the entrepreneurial capacity.

For information, it is preferable to refer to the Invitalia website and evaluate whether there are also regional proposals. For example, on Invitalia (as of May 10, 2018), in the section and in the “We create new companies” project, a loan is expected to cover 75% of expenses up to 1.5 million euros, called New Zero Rate Companies. It is interesting to note that applications can be made online using the Invitalia platform. This is not the only initiative with the “zero rate” nature, among which we also mention.

Learn to identify possible scams on the internet and make a secure loan

However, on closer examination, it is possible to see the signs that that company does not actually exist. However, how do you know if a website is secure?

Just look at the top of the screen in the left corner, where the page address is located. If there is a small padlock, in addition to the inscription “https”, it means that the site offers security for those who visit it.

Also, browse the site a lot before applying for your loan.

Check if there are Portuguese errors and if all pages open or if when you click on some of them, the message “Page not found” or “Page not found”, in English, appears. All must be open and well written in relevant areas, such as the sections “Terms of use” and “Privacy policy”.

Search for the physical address of the business


Don’t forget to check the company address. Even if the loan is made entirely online, every company must have, in addition to a GFIC, a physical address.

Check on Google Maps if the address provided exists. Several scammers use fake addresses to deceive people. If you can get the GFIC number, you can also do a search on the IRS website and check if the company does exist.

Inquire at the Good Finance Investment Corporation Bank


Ideally, you should seek information from the Good Finance Investment Corporation Bank about the veracity of the financial institution that plans to make a loan.

Through the telephone or the website, it is possible to check the list of institutions authorized to offer loans.

Refine the registration of the legal entity

It is mandatory that personal loan companies are registered as a legal entity. Never believe a company that says that there is no need to register because it is completely online or because it is not a company in Brazil. If the institution is not registered, it acts illegally and can be a scam.

A great idea is to check the IRS website and consult the company. Bearing in mind that even those that have a GFIC, it is recommended to perform the query to see if the number does exist.

Be careful if there is no credit check


Online companies take out loans and charge interest when they are repaid. The only way to be more certain about the loan payment is to check the credit history of the person who made the request.

Doubt it if they say they have a technology that can estimate their credit or interest rate on the loan through data collected on their social media or simple surveys. A serious company will ask for data such as CPF, bank account, and contact details to check your credit score.

Although there are many scams on the internet, online lending is reliable when done at a financial institution authorized by the Good Finance Investment Corporation Bank.

It is a way to facilitate access to credit in an agile and less bureaucratic way. Good Finance is a serious company that is against any type of illegal practice. Still, there is no bureaucracy, no waiting in line at the bank and you request your loan very securely.

Now that you know how to identify possible scams on the internet and want to take out a secure loan, contact us and find out about our services.

Compare Loans – The 3 Best Online Solutions

Who has never needed a loan to buy a car, to pay for a holiday or to pay for the dentist? Furthermore, we all know how much a transfer of the fifth can be of help to all employees (public or private) who need a loan but because of particular economic misadventures they are reported as protested or bad payers.

Today more and more banks and financial institutions (as well as Social Institute, the former Government Agency) are making available transfers of the fifth of both salary and pension; however, it is always advisable to carry out the “compare loans” operation, perhaps after requesting various estimates. Below we show the characteristics of three disposals of the fifth put in place by two banks and one financial.

Cream Bank Salary Power: fixed rates and constant installments

Cream Bank Salary Power: fixed rates and constant installments

The first loan taken into consideration is the one proposed by Cream Bank under the name of Salary Power. This is a transfer of the fifth to public employees which can finance up to about 100 thousand USD even if another loan is in progress. The maximum installment, obviously, is equal to one fifth of the maximum salary received and the peculiarity is that the applicant may not even have a Cream Bank current account.

Sale of the fifth Compass

Sale of the fifth Compass

Another interesting loan for employees is the one granted online by Compass. The allowable amount reaches up to 75,000 USD for private or public employees.

Spin Lender Employee Workers

Spin Lender Employee Workers

For years, Spin Lender of the Lite Lender Company has also been involved in granting salary-backed loans to all employees and retirees. Just present your contract indefinitely and you will receive the financing even if you still have financing in your assets or financial problems. Amount disbursed is proportional to the salary of the applicant worker and the installments can reach up to a number of 120 (see also Opinions on the sale of the fifth Spin Lender ). For other details see attached table.

  Cream Bank Salary Power Sale of the Fifth Compass Spin Lender Employee Workers
How much it finances Up to 100,000 USD Up to 75,000 USD Amount linked to the employee’s salary
Duration of funding Up to 120 monthly installments Up to 120 monthly installments Up to 120 monthly installments
Interest rates – Tan fixed 7.68%;
– Fixed Taeg 9.82%
personalized – Tan fixed 5.93%;
– Fixed Taeg 6.11%


Loans granted by Social Institute to civil servants: rate comparison.

Also for 2017/18 Social Institute, the National Institute for Social Security, offers loans to all public employees at subsidized rates, with liquidity coming from the Social Institute credit fund itself or from agreements with some banking institutions. Two, in particular, the types of credit that public employees can take advantage of. Let’s find out what they are, together with the requirements that are needed to obtain a loan.

Small loan and multi-year loans

Social Institute loans to civil servants can be of two types: small loans or multi-year loans. A small Social Institute loan, however, in turn can be annual, biennial and so on, up to a limit of four years.

  • The small Social Institute loan is paid to civil servants (or pensioners) who have to incur small unexpected expenses. An annual loan of this type corresponds to the payment of an average net monthly salary, to be repaid in twelve months, with installments and interest rates equal to 4.25% per year (for administration costs and the risk provision rate can consult the handbook made available by the institution). A two-year loan corresponds instead to the disbursement of two monthly salaries to be repaid in twenty-four months and so on, up to the small four-year loan in 48 months (see also Small Government Agency loan). However, it should be stressed that if the civil servant does not present any other withholding on the salary (and consequently the small Social Institute loan represents the only form of credit required) he can even request double the sum of the salary (in this case an annual loan would amount two months, two years four months, three years six etc.).
  • Multi-year loans are instead the most substantial loans that Social Institute provides to civil servants with certain requirements and particular eventualities (such as removals, maintenance work for the home, purchase of a car, illness) for a duration that ranges from five to ten years, repayable in installments ranging in number from 60 to 120 (see also Government Agency multi-year loan). In this context, care must be taken that the installment does not exceed one fifth of the net salary amount, then calculating in the repayment an interest rate of 3.50% and a rate for administrative expenses of 0.50%.

The requirements to be met

The requirements to be met

To apply for an Social Institute loan, civil servants or pensioners will have to meet certain requirements that vary according to the type of credit they want to use. For the small loan, no special features are needed, just being public employees enrolled in the unitary management of credit and social benefits and submitting an application through appropriate forms available in all Social Institute offices (retirees have the obligation to complete the online application).

Different is the matter for long-term loans, for which certain requisites of the applicant are required: in addition to enrolling in the unitary management of credit and social benefits, you must have at least four years of service as a public employee with a permanent contract and at least four years of contributions payments. For those who have a fixed-term contract, these other variants must be considered: first of all, the contract must not have a duration of less than three years, and secondly, the worker must make his TFR available as a guarantee of obligation.

Payroll or guaranteed loan: compare and choose the best!

Loans are great alternatives for anyone looking to reorganize their finances or fulfill an old dream. However, many people end up prioritizing more obvious options, missing the possibility of getting to know new modalities.

Among them, two good possibilities are: payroll loan or guaranteed. Both have their advantages, but it is interesting to note that the guaranteed option has been gaining more and more space in the financial market in Brazil.

With that in mind, we have prepared special content, so that you can be properly informed about the two models. Check out!

What is the payroll loan?


This is a credit used by public servants, the elderly and workers in private companies in general. In this modality, the discount of the installments is applied directly to the payroll or the social security benefit. The amount charged for interest is around 2% for retirees and pensioners. There is no maximum limit set for public servants, but the percentage usually revolves around this range as well.

The payroll loan defines that the applicant is an account holder of the financial institution in which he/she will obtain this credit. After this first contact, a general analysis is carried out, which depends on the person’s financial history.

Maintain some type of agreement with a financial institution


For those with a formal contract, it is quite common for the company in which the client is employed to maintain some type of agreement with a financial institution. This factor can serve to significantly speed up the process.

INSS beneficiaries and civil servants, in general, have a significant advantage: since they have greater financial stability, this request can be made at most institutions that deal with credit.

However, it is important to remember that payroll loans do not offer flexibility for payment. In other words, the applicant will have to live on a lower salary or retirement amount for the entire discharge period. Thus, it is necessary to keep an eye on the accounts, at the risk of not being able to pay the installments in due maturities or to balance them with other financial needs.

How does the secured loan work?

How does the <a href=secured loan work?” />

This is a type of credit that has the guarantee of a property that is in the applicant’s name – a property, such as a house or an apartment, or a vehicle. The main idea is that it can be used as a pledge if the debt cannot be paid off.

This model that involves real estate is also known as home equity or refinancing, mortgage or fiduciary alienation. Quite used in the United States, to provide, for example, that dream trip or student financing.   The practice has been gaining strength in Brazil due to its several advantages.

What are the risks and disadvantages of taking money from loan sharks?

When the financial situation gets out of control, it is common to hear cases of people who choose to make money from a loan shark to try to get around the situation and get out of trouble.

This practice, however, is not recommended, as it is even a crime provided for by law and, in some cases, very dangerous for those who resort to the lender.

Alternatives for those who need a quick loan


In this article, we will talk about the topic and show how loan sharking works, its risks, and consequences and the alternatives for those who need a quick loan, but that is within the law.

The more information the consumer has, the more aware his decisions will be, thus avoiding a lot of headaches and risks. To learn more, we invite you to continue reading!

How does loan sharking work?


A moneylender is a person who lends money informally, that is, outside the system adopted by banks and/or financial institutions.

In general, those who resort to loan sharking are people who are in a critical financial situation, who need quick cash and who are unable to resort to traditional means because they are indebted or restricted in their name.

At first, the “help” of a loan shark may seem like a good idea, however, you need to be aware, as this practice can not only be very expensive but can also prove very dangerous, depending on the profile of the lender.

What are the risks involved?


Taking money from loan sharks is a practice that presents several risks, which are not always considered by people when making this decision.

Eventualities can happen to anyone, however, even in times of despair, it is necessary to make well-thought-out decisions in order to avoid major problems and even to jeopardize not only one’s own integrity but that of the whole family.

Check out some risks of taking money from a moneylender below.

Moneylending is a crime

The first serious issue related to loan sharking is that this practice is a crime against the popular economy. According to the terms contained in item “a”, of law 1.521 / 51, in its article 4, anyone who practices loan sharking can be sentenced to a sentence of 6 months to 2 years in prison.

The activity can also be considered a crime against the financial system since the moneylender acts on his own and without the regulation of the Good Finance Bank. In this case, the penalty stipulated by law 7,492 / 86, in article 7, is from 2 to 8 years in prison and a fine.

How to recover a credit: guide to the injunction.

When they have been loaned to some of the objects or a sum of money, if the debtor does not show the intention to return what the creditor owes, he can defend himself through a specifically disciplined legal instrument: the injunction. Let’s see what it is and how to behave in the two specific cases: both if you are in the condition to send it, and if you are in the condition to receive it.

Procedures, costs and purposes of the measure

Procedures, costs and purposes of the measure

An injunction decree (one of the phases of the injunction procedure) is nothing more than an instrument capable of protecting the creditor who presents a written proof of what he has loaned and to whom (see also Loans exchanged without paycheck ). The written “tests” are therefore very important: without, in fact, such a legal instrument could not exist.

Through the injunction order, the creditor can therefore count on an immediately enforceable title against the debtor, without necessarily going through the ordinary judgment, which could lead to years of waiting. The peculiarity of the injunction is that it takes place unheard of otherwise, that is, without having listened to the other party, in other words: without contradictory. In practice, at the request of the creditor, who alleges certain proof of the credit to be collected, the judge orders the debtor to pay the debt or return certain items within 40 days of the notification.

Once the injunction has received the injunction, the latter therefore has forty days to repay the debt or file an opposition, under penalty of forced execution. As far as costs are concerned, it is possible to consult the tables issued by the courts drawn up by the observatory commissions in order to orientate themselves in this field.

What to do if you receive it

What to do if you receive it

If he happens to receive an injunction, the debtor can act in two ways: if he believes he does not have to return anything, he can make an opposition, and therefore oppose a refusal to pay (see also I need money ); or, when in fact the credit must be returned and this is admitted, it can decide to accept the injunction and request the installment of the amount due. In the first case, the opposition must be sent within 40 days of receipt of the injunction (paying attention to attach all the documents that can prove the non-existence of the credit), by means of a summons: in this way the second phase starts of the injunction proceedings, before the competent judge.

In the second case, on the other hand, the debtor must demonstrate that he is in precarious and difficult economic conditions and apply to an office or a mediation and conciliation body which, if he accepts the request, will give rise to an installment ordinance, including however the default interest which will have to be returned to the creditor, plus the payment of the costs for the injunction. To learn more, you can connect to the websites of the Bar Association (where there are also types of models to use) or consult the online news of the most important law firms.