Mortgage loans and advances

At Kathy in Karowise, we offer you a cheap mortgage that will make your dream of your own apartment or house come true. We offer comprehensive services in this area – not only will we tailor the offer to your needs from among the 15 banks’ proposals, but we will also help you complete all the documents necessary to conclude the contract and receive funds. Thanks to us you will save time as well as money, because we know how to find a favorable loan against real estate.


We will find the best mortgage for you in Silesia

mortgage loan

Buying property is a serious financial undertaking, so taking out a loan for this purpose under the pledge involves great responsibility. To avoid being overly burdened when paying off a liability, it is worth making sure that the associated costs are as low as possible at the beginning. At Kathy’s office, we have been helping clients find the best mortgage products for many years, taking into account their budget options (e.g. amount of own contribution) and expectations (even those regarding the amount of the monthly installment payable).


The cheapest mortgage, or what?

The cheapest mortgage, or what?

Margin is not everything. It should be important for the borrower whether the bank charges a commission for granting a mortgage. This is a one-time payment, the amount of which is usually determined as a percentage of the amount of capital borrowed. However, the cost of credit does not have to end there. The total cost of the loan will also be affected by other, additional fees and costs charged by the bank, it is worth checking each time what additional costs will allow you to take advantage of the offered offer – it may be, for example, a compulsory credit card, minimum monthly account receipts, required for several years life insurance etc.
We will take all these factors into account when preparing an individual offer for a cheap mortgage for the purchase of real estate, which may be, among others apartment, house or plot.


When is a good solution a mortgage ?

When is a good solution a mortgage ?

Individuals who use the services of our office in Karowise can count primarily on mortgage loan offers . These are products that are intentional and intended for the purchase of real estate. In addition, we offer mortgage loans –   mainly for companies. In this case, the funds can be used for any purpose, e.g. to cover the costs of current operations, investments or even repayment of other liabilities. The condition for using this form of financing is that the company owns real estate on which collateral can be established. It can be e.g. a plot, own office or commercial premises. Thanks to this, it is possible to apply for a high amount of liability even in the event of insufficient creditworthiness. However, it is worth remembering that the amount of the loan depends on the value of the pledge.

For loans, we not only offer solutions provided by banks, but also by private investors.

Working capital loan – for whom?

Various, unforeseen situations can cause a temporary loss of financial stability. What counts then is immediate reaction in order to regain liquidity of funds needed for current needs and liabilities. One of the possible solutions then is a revolving loan. What is it and who will it be suitable for?


Working capital loan – what is it and in what situations will it work?

Working capital loan - what is it and in what situations will it work?

The working capital loan is characterized by the fact that it is intended to finance the current demand of the company. We can spend it on the purchase of goods, means of production, raw materials necessary for the further functioning of the business, or to settle receivables from contractors and tax authorities. Working capital loans are often necessary help for many small and medium enterprises exposed to temporary loss of financial liquidity. Its characteristic feature is that it is usually not secured in real estate – mortgage. However, in some cases, banks use this type of collateral.

Revolving loans can be divided into two types – revolving loan and non-revolving loan. The first of these occurs when the bank grants the borrower a certain amount of money that the borrower can withdraw at any time, and then top up and re-use the allocated limit. This solution is also called the overdraft line. A working capital loan for companies also has several determinants that will tell you when and for whom they work best. Companies should think about this solution when:

  • are exposed to situations in which revenues do not always coincide with current expenses, e.g. subsequent repayment of liabilities by customers.
  • there was a sudden expense, e.g. the need to buy new equipment, or a major breakdown requiring funds for repair.
  • they need additional finance for investments – the working capital loan has a low interest rate of 3.5%, negotiable. Thanks to this, the company can gain additional funds for development at a low cost.


Working capital loan for companies – interest, disadvantages, advantages

Working capital loan for companies - interest, disadvantages, advantages

As mentioned above, a low interest rate of around 3.5% is a great opportunity for companies to invest at a low cost. Many banks offer the option of negotiation. We can also count on attractive offers using brokers’ services. This is an important advantage of this type of solution. What other advantages does a working capital loan have for companies? Interest rate at an attractive level, long repayment time [in the case of non-renewable, up to 120 months, in the case of renewable up to 10 years], repayment of installments tailored to the needs and capabilities of the borrower, as well as the possibility of entering interest in the costs of the business.


Working capital loan for companies – summary

Working capital loan for companies - summary

This type of loan is a great solution, especially for small and medium-sized companies that need temporary support in maintaining financial liquidity. A revolving loan gives you this option. We have two options – renewable and non-renewable – in the case of the former, the loan period is up to 10 years. Many attractive amenities make it a convenient solution also in the case of planned investments or unforeseen expenses.

Simulation redemption of credits Finances (Our guide and tutorial).

Why not try a simulation of credit redemption?

Why not try a <a href=simulation of credit redemption?” width=”660″ height=”447″ />

You are tempted by a buy back of credits because you think that it could improve your financial situation. Rageni Finances, credit restructuring specialist, has an online simulator to assess what could be your new monthly if you proceeded to a redemption credits. From the website, go directly to the Rageni Finances simulator online. The form to be completed has only two steps: ” Your situation ” and ” Your contact information “. This questionnaire is therefore quick to complete. However, have some items at your fingertips such as the amount of monthly payments and the total amount outstanding for each loan.

During this first step ” Your situation “, you must indicate:

  • the number of credits you have, the amount of the monthly payments you pay and the total amount outstanding
  • the number of home loans, the value of the monthly payments paid monthly and the total remaining due.
  • if it is a first request for consolidation of credits or not
  • if you have a need for cash, you must enter the amount
  • your professional situation. If you are still working, indicate whether it is a CDD, CDI.
  • your real estate situation. If you are an owner, you must indicate the value of the property.
  • your income. Do not mention the household income but only your income.

In this second step ” Your details “, if you have a co-borrower, check the ” Yes ” box to the question: “Do you have a co-borrower? “. You will then be asked to detail his personal situation ( name, first name, date of birth ) and his professional situation ( occupation, type of contract, monthly income ).

If you do not want to receive commercial offers,

If you do not want to receive commercial offers,

In Rageni Finances partners, please tick ” No ” to the question: ” Do you want to receive our partner offers? “. Then click on the ” Validate ” button to proceed to the next step.You receive an answer quickly, in 24 hours – 48 hours, only if an expert of Rageni Finances estimates that your situation makes it possible to carry out a regrouping of credits.

You can request to be called back by a Rageni Finances advisor immediately by clicking on the ” Free Instant Recall ” insert.

We choose a cash loan

Cash loans

Cash loans

Cash loans are among the most popular bank loans and banking products in general. Such a loan is almost universal when it comes to financing the typical needs of an average household. It can be used for any consumer purpose, i.e. not related to running a business. With it, you can finance, for example, the purchase of equipment needed at home, going on vacation, or organizing holidays, or a large family event.

The loan, of course, costs, because interest is charged. For this reason, it is worth carefully reviewing numerous offers to find the most financially advantageous option, while financial profitability is not the only criterion here.

When it comes to costs, the most important is interest, which basically is directly responsible for how much the loan will cost us. In addition to interest, a commission fee may also be relevant, but this is not always the case.

Types of interest rate

Types aof interest rate

It is also necessary to take into account the type of interest rate itself, which can be fixed or variable. A fixed interest rate is one that does not actually depend on interest rate changes and is the same throughout the repayment period. On the other hand, the variables will decrease if interest rates are cut, or increase if they rise. You can also consider the monthly costs associated with the installments and repayment method. For example, you can find offers with equal installments and with decreasing installments. In the first case, all installments are simply the same amount, while in the second case each subsequent installment is smaller, because interest is charged on the capital outstanding.

Before we get a loan, we will also have to go through some formalities, including checking our creditworthiness. The bank may ask us for a certificate of income, as well as require credit insurance or a guarantee by another person. It is also worth remembering to have other credit obligations regulated on a regular basis, as the bank may also look into our data in the Credit Information Bureau. Thanks to this, he will have access to information on whether we have paid back our previous obligations and we are reliable borrowers.

Corporate consolidation loans – what to look for?



If you use a private loan to pay off all or part of it in the case of a student loan, you will no longer be able to deduct interest payments with benefits such as deferment.

Purchase financing

Purchase financing

Purchase financing depends on whether it is a desire or a need. If you intend to take out a loan from a private loan, paying the seller in cash may be a better form than financing by the seller in the form of a loan. You should never make financing decisions on the spot, but it’s a good idea to ask the seller about the offer and compare it with what you can get through personal loans. Then you can decide what is the best choice in this case.

Payment for a wedding

Payment for a wedding

Any major event – such as a wedding – qualifies if all related fees are placed on your credit card and cannot be repaid within a month. Personal loans save significant amounts on your interest costs, provided they have a lower rate than your credit card.

Credit improvement

Credit improvement

Personal loans can help you improve your credit score in two ways. First, if your credit report shows credit card debt, personal loans can help you mix your account. If you have different types of loans, this is good for getting a better result.

Secondly, it reduces the loan utilization ratio – the total loan amount that is used in relation to the credit limit. The lower the loan amount, the better the rating. Having a private loan increases the total amount that is available for use.

Circumstances for taking a loan

Circumstances for taking a loan

Personal loans can be very useful in the right circumstances.

CreditCole offers its clients a cash loan with a fixed installment guarantee for the duration of the loan. The bank does not require an account or insurance, although opting for additional products can help in obtaining better price conditions.

Cash loan is a standard CreditCole loan product. The Bank’s offer includes a well-recognized Prostoliczony Loan, which is distinguished by a fixed monthly fee for every $ 1,000 net that has been borrowed.

Simulation of a purchase of Credit online (Guide and tutorial).

What is credit redemption?

What is credit redemption?

Credit redemption is defined as the merging of all loans contracted into one. In the end, this results in a single monthly payment, considerably reduced, offered at a single rate. This greatly reduces the burden of burdens on the household budget. The latter can then once again stabilize its financial situation, or even invest in new projects. The online bank Uno, a subsidiary of Conccord Bank and the Millian group, specializes in consumer loans and loan redemptions. She also studies requests for mUno. You can perform an online loan consolidation simulation on Uno. This will give you an indication of your new monthly payment.

In order to simulate your credit restructuring, two options are possible:

  • go directly to the introductory page of the simulator Uno.
  • follow the steps leading to the simulator from the Uno homepage

For this second option, open the Uno site. On the home page, select ” Credits “, the second choice in the menu bar.

Excerpt from Uno official website

By clicking on ” Credits ” or on the arrow / triangle to the right of ” Credits “, you open the corresponding drop-down menu

Select ” Credit Consolidation ” or click on the link below ” Discover Credit Consolidation “. This leads you to a page explaining the benefits of buying back credits. You have to go to the bottom of the page in the section ” How to make a grouping of credits ? »Then on the link: oney redemption
You finally get to the introductory page of the simulator. If you are not a customer at, click on ” Next step ” in the ” New customer ” column. If you have an Uno account, choose the right column ” Already a customer ” and log in, either with your username or with your email address. Validate in both cases by clicking on ” I connect to the customer area “.

Beforehand, take into account all the remaining deadlines and balances due from your credits in order to be able to fill it in the form to be completed which consists of four steps: ” Your situation “, ” About you “, ” Your budget “, ” Our answer “.

In the first step entitled ” Your situation “, you must provide information on ” Your credits and expenses ” and ” Your need for additional cash “. Indicate in ” Type of credit ” – ” Specify the type of credit ” if it is a credit car, boat, real estate, personal loan, revolving credit… Choose the bank with which the credit was subscribed in the drop-down menu by clicking on ” Specify the establishment “. Fill in all the fields leaving the box ” I want this credit to be bought back “. If you do not want it, uncheck the box. You can add additional credits or withdraw the last saved credit by clicking at the bottom of the form on the link ” Add additional credit ” or ” Withdraw this credit “. Do not forget to confirm via the ” Continue ” button.In the second step ” About you “, you must fill in all the fields; these concern ” Your details ” ( your personal data ), ” Co-borrower “, ” Your current home “, ” Your family situation “.
If you have a co-borrower, indicate ” Yes ” and complete their personal information.
Do not want to receive commercial solicitations from Uno or its partners by email? Check the ” No ” boxes in ” Stay informed of our offers and news “. Click ” Continue ” to progress in the form.

The third step ” Your budget ” contains the details of your professional situation (” Your profession “). Specify, for example, whether you are a student, on fixed term, temporary, permanent contract… Register ” Your monthly income ” then click on ” Continue “.The last and fourth step ” Our answer ” validates the transmission of your form to the CFC partner, specialist in pooling credits, from Uno.

This form ( online simulator Uno ) has no contractual value since it is simply an estimate. The latter must be the subject of an in-depth study with a CFC expert. You receive an answer quickly. Know that with the simulator Uno, you can consult the progress of your file with your identifiers at any time.


Renewal Credit Purchase

What is a consumer credit ? This term used by credit organizations includes conventional loans ( loans to carry out work, loans to finance a vehicle, loans to develop its interior … ) and renewable credits ( credits that are renewed automatically when the reserve of money borrowed is refunded as credit cards offered by the majority of department stores ). When a consumer contracts too much consumer credit, he is quickly overwhelmed by debts. How to get out?

The repurchase of revolving loans: why?

The repurchase of revolving loans: why?

As mentioned earlier, revolving credits are credits granted to consumers to finance purchases . This type of permanent credit (also called revolving credit) is most often associated with a credit card (or the loyalty card). The consumer therefore has a cash (from USD 500 to USD 5000) to finance his purchases that he can use in whole or in part . The principle of revolving credit is to permanently leave a sum of money to a consumer. In fact, since the amount borrowed has been repaid, the cash is available again.

Consequences of an accumulation of revolving credits

Consequences of an accumulation of revolving credits

Accumulating too many revolving credits can quickly make you dive into the infernal spiral of overindebtedness . Your monthly debts become, little by little, more important than your resources. Consequence: your bank account is in the red. We must react quickly before the situation escalates!

 The repurchase of revolving credits is a solute that will allow you to find a good financial balance .

The repurchase of revolving credits: how does it work?

The repurchase of revolving credits: how does it work?

Group the loans contracted with the various creditors to make one; here is the basis for the redemption of credits. Here, the credit institution (or the banking institution) offers you to take over all your revolving credits.

In theory, how does the purchase of revolving credits work? To explain how it works, we decided to list the path.

  1. The financial advisor analyzes your debt ratio (ratio between resources and debts).
  2. The financial advisor analyzes your current credits (revolving credits as conventional credits).
  3. The financial advisor prepares a balance sheet of the situation and calculates the total amount remaining due to the various revolving credit institutions.
  4. If the file is admissible, the financial advisor offers several offers to buy credits with different monthly payments and durations. The financial advisor can also offer you cash to settle your outstanding payments or finance a new project.
  5. The applicant analyzes the various offers. Tip: do not stay fixed on the amount of monthly payments. Take the time to compare to choose the most advantageous offer.
  6. The applicant accepts an offer by signing.
  7. The financial advisor has all outstanding credits. The applicant has only one credit with a single monthly payment .

Private loans – what is worth knowing?

Are you thinking of getting a private loan? However, you do not know exactly how it is granted and is the solution worth your attention? If so, you’ve come to the right place. We are pleased to present you an article in which you will learn all the necessary information. Certainly, after reading it carefully, you will receive the answer to the questions that have arisen so far.

Private loan – a big help when in great danger

Private loan - a big help when in great danger

Private loans have for years been one of the most popular forms used by those in need. This alternative has always been used mainly because it is the cheapest option available on the market. Borrowing money from your closest friends or family is an interesting solution if the current financial situation requires a quick cash injection. Nevertheless, one should not look in this way of getting money only advantages and look at the offer of private loans through pink glasses. After all, the entire transaction, as well as each of the individual stages, if we do not properly focus on the terms of the contract, carries many dangers, both for the two parties and the entire relationship that connects them. A private loan is characterized by specific elements that are increasingly used by people with additional savings. For example, if you apply for a loan from a bank or institution that provides this type of product, it is impossible for the whole process to be carried out successfully without signing the contract. A private loan, without a written agreement between the parties, therefore poses a huge threat to the lender in particular.

In addition, nowadays, instead of relatives and relatives, people who are interested in “investing” their free funds in the borrower’s priority goals are virtual investors and individuals who can boast of free capital, which they simply intend to increase. These persons guarantee cash for a written agreement containing a reimbursement guarantee. The most common security they use is to protect their goods in the form of a promissory note or real estate.

Private loan – the simplest form for a quick cash injection

Private loan - the simplest form for a quick cash injection

Many people who apply for a bank loan are increasingly being denied. Thanks to the option guaranteed by a private loan, you do not have to worry that the lack of a successful decision in a bank or other institution is the end of your dreams of achieving your goal or paying off the debt. In the twenty-first century, on the market, you have the opportunity to find offers of private investors and para-bank institutions that will definitely present their offer to you.

The services they offer are usually also addressed to people in debt with database entries. Admittedly, private loans are associated with a high risk, but certainly, their huge plus is the public availability and simplicity of applying for an additional injection of the necessary cash at the moment.

Is the entry in the database checked when applying for a private loan?

Is the entry in the database checked when applying for a private loan?

Many customers interested in this type of service often ask this kind of question. A private loan is a form of additional cash injection in need without worrying about it being granted due to the unfavorable situation of database. It is within the reach of anyone interested, regardless of social status, gender, age, income or the presence of data in the national database registers. However, when deciding on this type of loan, you must take into account the dangers it entails before signing.

Private loans are a non-bank product which, to a large extent, is offered by individuals, online investors and companies who can boast of a sum of savings. This form allows you to increase your lender’s capital. Research shows that the granting of a private loan and interest rate pays off much more than investing your money in investment in securities or any type of bank deposit. Private loans for promissory notes or pledges, provided that you sign a meticulous agreement, are a great way to get rich for individuals.

On the other hand, the advantages for borrowers who are interested in applying for a loan are, among others: a high probability of positive consideration of the application and a chance to quickly repay their current debt.

In addition, private investors do not check database entries. The former are not authorized and do not have access to the database, while the second list is generally available, however, most people declare that they do not decide on such steps. What’s more, private loans do not require you to show your monthly income or the number of dependents and your monthly living costs.

The fact that all formalities are limited to the bare minimum is also a great help. However, it is worth paying attention to what we sign and decide to read the contract. Private loans are a great solution for people in debt, which does not change the fact that their receipt involves some risk. Before making a final decision, all pros and cons should be considered. If you have any questions or concerns, be sure to contact our specialists. If you are interested in getting a private loan, check our offer and see how many amenities we have managed to prepare for you. We hope that our cooperation will ultimately prove fruitful for both sides. We have already been trusted by many satisfied users who, thanks to our help, were able to achieve their priority goals and pay off their obligations. Let us help you too!

Leasing loan – what is it?

Among the many diverse options, the solution known as the leasing loan has been growing in popularity for several years. If you are wondering what kind of product this is, how to get it, and in which situations it is possible to get it, then certainly our specially developed and detailed article can be helpful. It contains all the basic information that you should read before applying for this type of funding. We hope that the information it contains will prove to be the most advantageous way that, in retrospect, will transfer enormous benefits to your business.

Who grants leasing loans?

Who grants leasing loans?

Leasing loans are the responsibility of leasing companies, not banks, as is the case when applying for a loan. Currently, it is possible to find in the offer of many leasing companies, among which there will be both the largest and most popular ones, which to this day can boast of gathering a considerable number of users, as well as those that are just crawling on the market and their first steps can currently be admired on arena of lessors.

Research conducted by American scientists clearly shows that last year the value of leasing loans granted was close to PLN 7.4 billion, which is about 14 percent higher than it was last year (2017). Typically, this type of funding is granted for utility items, including machinery and a variety of equipment, including IT, as well as vehicles. They prevail in matters on which we can obtain a leasing loan as entrepreneurs who want to expand the business and capabilities of their company.

What is a leasing loan?

What is a leasing loan?

A lease loan is more like a loan than a popular lease. Despite the large differences, these concepts are often confused, which can be misleading and embarrassing for more than one interested person who browses individual pages and offers. At the very beginning, one should consider the aspect that the leasing loan is granted by appropriate companies and not by banks. Nevertheless, when applying for and granting it, procedures similar to those that play a role are used for the procedures carried out when evaluating leasing applications.

The process of applying for a leasing loan is not such a complicated and lengthy process. It lasts much shorter than when the person concerned intends to apply for a bank loan. What’s more, leasing companies, more and more often, turn out to be much less restrictive than banks in terms of creditworthiness.

In addition, a leasing loan can only be used to finance funds considered to be permanent. Consequently, it is not possible to receive it, for example to cover obligations. With the help of funds obtained through a leasing loan, it is not possible to renovate the building. If you intend to take such measures, bank loans are still necessary.

The difference between a traditional lease and a loan of this kind can be the duration of the contract. The most popular operating leasing in Poland, for example, has a minimum duration of nearly 40 percent of the standard depreciation period. I am talking here about a period of 2 or even 3 years, which is the minimum grant period. We are unable to circumvent this issue due to the applicable regulations. In turn, the leasing loan has no restrictions except those set by the borrower. They usually offer loans for a period of six months to even seven years.

Leasing and credit?

Leasing and credit?

Leasing loan, taking into account tax and financial aspects, remains treated in the same way as loan, not as leasing. Therefore, the items to be financed by the loan become the property of the borrower, not the leasing company. Another similarity is the way in which monthly installments are included in the costs. Considering the leasing loan, only a part of the interest included in the installment can be included as a tax cost.

In addition, VAT is not added to the leasing loan installment, while the leasing installment is always increased by 23 percent VAT. As you can see, the value of the monthly installment will be less than when paying off the lease.

Who can benefit from a leasing loan?

Who can benefit from a leasing loan?

Any company can apply for a leasing loan for the purchase of a fixed asset, if the need arises. However, there are situations in which this option may be particularly beneficial. You should consider if you are a representative: companies apply for EU subsidies, companies that do not pay VAT, farmers, as well as a company that is looking for financing a fixed asset taxed at 8 percent VAT. Then, a leasing loan will be not only a safer solution, but also a much more beneficial solution. It is also possible that the bank will not decide to finance the idea of ​​the enterprise. In such a situation, the option of applying for a leasing loan just meets the company.

Takeover credit Simulation: The detailed explanations!

The one and only monthly payment

The one and only monthly payment

The redemption of credits consists in grouping all the credits contracted in one and only monthly payment. This is called consolidation of credits or pooled credits. This helps to clarify and simplify the management of its accounts with a single depreciation schedule. Cashimogu, a service of NPN Parley Fard bank, offers this financing solution to meet the cash flow needs of households in debt, over-indebtedness or facing an exceptional situation ( divorce, unemployment, retirement, real estate purchase, travel, marriage… ). For example, does Cashimogu finance a personal loan of between 6,000 and 30,000 euros. On the website of the establishment of credits, it is possible to simulate an online purchase of credits. Go directly to the Cashimogu online simulator or follow the instructions below:

  • On the home page of the Cashimogu website, click on the “Credit consolidation” tab which shows 3 proposals on the drop-down menu ( “With mortgage credit”, “Without mortgage credit”, “How the credit pool works” ). The link ” Operation of the grouping of credits” is purely informative. It provides you with essential information on this type of financing ( “Consolidation of credits in a nutshell”, How the loan consolidation works, “The advantages of the loan consolidation”, How to subscribe to a pool of credits ” ).

Excerpt from the official website “Cashimogu”

  • Choose the loan consolidation formula that suits you by clicking on one of the two options “With mortgage credit” if you want to include in the credit pool your home loan or “Without mortgage credit” if you do not want to include it.

You reach the table entitled “Your application for a loan without commitment”.

  • Complete this table by using all of your depreciation tables to define the amount of your credits conso, possibly your current immo credits and the total remaining due.
    If you do not have a mortgage or do not want to include it in the credit pool, do not fill in the “Amount of your current home loans” field.
  • Do not forget to indicate your situation in the 1st heading “You are” : owner, tenant, housed by the family…
  • Complete the questionnaire by informing about the household’s monthly income.

Amounts given as an example. Complete the table with your own numbers.

  • Then click on “I validate” to access the following table entitled “Your personal information”.
  • Complete the fields. Fill in your phone number (s) leaving no space between the numbers. Do not forget to specify your marital status : married, cohabiting, divorced…
  • If you wish to receive advertising offers by e-mail, emanating from NPN Parley Fard, check the box “I agree to receive commercial offers…” before validating ( “I confirm my request” ).

Here is, for example, the table once completed:

Here is, for example, the table once completed:

Once your table validated ( “I confirm my request” ), you receive a confirmation of receipt of your request by the department in charge of studying your file, as follows:

A Cashimogu advisor will contact you again.

  • You will be asked to provide supporting documents.
  • An offer of consolidation of credits will be proposed to you in view of the elements of your file. If you agree, return it dated and signed.

Cashimogu will initiate, after the legal withdrawal period, the procedure of credit redemption and will refund your old credit organizations.

A warning is posted at the top of the site to avoid disastrous financial situations: ” A credit commits you and must be repaid: check your repayment capabilities before you commit. “