Debt is a problem for many people around the world, but it is by no means less stressful. Sometimes even the smallest unpaid payday payday can go on for years. An even more difficult situation is the one in which the alleged debtor finds out about debts only when they have already achieved a significant amount and are heading towards the trial. How can you protect yourself from this and how to accurately determine your debt?
Where do debts come from?
Debt can affect anyone, even those who were financially sound before entering into a commitment. While loans that were taken after rethinking and in line with the contents of the portfolio (see: ” ABC of the borrower: how to choose the loan amount and repayment period?”) Will not be a problem, ill-considered decisions can lead to so-called credit loop resulting from excessive debt.
In extreme cases, borrowers even lose control over how much and from whom they borrowed, how much they have already paid off and what is the actual amount of their debt. Then it will certainly be useful to be able to control your debt and this will be the first step to gradually getting rid of the financial burden.
Debts, however, can be faultless, and the debtor himself instead of the culprit, become a victim. We are talking here about identity theft and impersonation. Usually, this is to achieve certain financial benefits, and the easiest way to do this is by taking out a loan in the name of the victim or using certain services on their behalf (e.g. making purchases in installments or signing a telecommunications subscription agreement). For such people, it is equally important to control the history of settling their obligations. Of course, such situations are not common and involve a small percentage of cases, but – as they say – the prudent always insured.
Can you check your debts before it’s too late?
We check the BIK and BIG databases
Both the BIK register and the registers of Economic Information Bureaus allow to obtain a personal report also by natural persons. However, this will not be free access – to receive the report, you must set up accounts on the relevant services and confirm your identity in exactly the same way as when taking a loan via the Internet, i.e. via a verification transfer. Sometimes, you will also be required to provide a copy of your ID card or use a special verification code sent by registered mail to your registered address and confirmation of receipt.
We have already written about how to use the Credit Information Bureau reports in the article “How to set up an account and use the services of BIK?”. Other registers: BIG Informonitor, KRD and ERIF function in a very similar way, and setting up an account and downloading a report about yourself are subject to the same verification rules. It should be remembered, however, that for all the listed databases, the reports will be free, unless they are downloaded more than once every six months. Unfortunately, a higher frequency is payable.
Similarly, you can check the debt of a deceased person you inherit from. For this purpose, however, it will be necessary to send the appropriate request directly to the register together with the data of the deceased (including the PESEL number and ID card), attached death certificate and confirmation of judicial acquisition of the inheritance of that person.
National Debt Center – is it worth using this database?
You can also check yourself in other, smaller registers of debtors or debt exchanges, although this will be a much more time-consuming and less effective option. There are a lot of such registers, they are scattered, and checking your person even in a few of them may not give satisfactory results.
One of the most popular debt bases is the National Debt Center, where claims can be put up for sale. As we wrote earlier, not configuring it will not be sure that there is no debt, but it is also worth looking here, the more that its use is completely free.
How can I check if I have debt from a credit?
Checking whether there is any debt subject to credit execution is pointless. First of all, because such a debtor would have already been informed of this fact, regardless of which correspondence address was entered in the loan or credit agreement. Even if the victim of fraud is overlooking prompts and requests for payment, the credit’s letter will certainly go to his right address. The credit must include in this letter not only the basis of the debt, but also its amount. You can only challenge the legitimacy of calculating the debt – for this you should contact the credit as soon as possible and directly explain to him why such debt arose.