Payday loan? Expensive! The uninitiated say. However, payday loans are not necessarily expensive, high interest rates. What a pity it is not available at us. Unfortunately, Austrian payday loans are not available to a Hungarian citizen of the region. However, other, very favorable Austrian loans do.
Banks in Austria have also realized that Hungarian clients are just like their own citizens, so they do not have any obstacles to borrowing with them.
An Austrian loan is a substitute for a Hungarian payday loan,
and you can get a loan with a very favorable interest rate but which can be used for anything like a payday loan. A feature of payday loans in Hungary is that they require a high salary to apply for them and their interest rates are accordingly high. However, the situation is different with Austrian credit. It is much more favorable than Hungarian payday loans. However, like a payday loan, it can be used for anything, no money is labeled. So you can travel, buy a car or house, run your business, get your business out of the trouble, fund a new idea and more. However, careful orientation is key in this case too! Austrian credit is the answer to anything, but the question is whether you really are facing a financial problem that requires you to borrow an Austrian loan. Only after proper consideration, start the borrowing process!
In addition to real estate collateral, we have previously been able to provide a solution in many cases where domestic banks would have refused a loan application, but due to legal constraints, this type of lending is currently not a solution.
With regard to payday loans,
It should be noted that a payday loan taken out by an Austrian bank / financial institution without real estate collateral to Hungarian clients can be applied for only if the debtor is working in Austria and receives his income in a current account or is certified by the tax authorities.
We are not convinced that Austrian credit is the answer to anything, but it is a question of whether you really are facing a financial problem that requires you to borrow Austrian credit. Only after proper consideration, start the borrowing process!