In France, many people committed acts which pushed the Banque de France to place them in a situation of banking ban. This then puts them in enormous difficulty in accessing certain banking services such as loans or financing.
However, there are many mechanisms that can make their lives easier, despite their banking ban profile. To this end, here is everything you need to know about the banking ban.
Which organizations to turn to when you are banned from banking?
They are in particular organizations such as Cofidis, Cetelem, etc. which grant loans to people affected by a banking ban. However, this is done under certain conditions depending on the type of credit.
Personal loan without proof: is it possible?
When you are under a banking ban, it is possible to access a personal loan without proof. This is a type of credit that the banking establishment grants you without you providing any proof of how to use it. In certain situations, the bank may refuse you such a loan.
But there are some cases where the balance tilts favorably on the borrower’s side. This is particularly the case if you are an owner or a tenant. Do you own real estate? This may then be sufficient for a banking organization to offer you a mortgage loan. If you are a tenant, the banking organization will examine all possible guarantees before granting you any personal loan.
Auto credit is it possible?
If you are under a banking ban and filed with the FCC, nothing prevents you from applying for a car loan from a bank, according to the law. It is up to the banking establishment itself to define the conditions of this loan. He will then be free to accept or refuse the credit in question.
For his part, the borrower will then have to be convincing thanks to good intentions and real and sure guarantees. He can justify that despite his situation of banking ban, he has stable income that can cover said car loan. If you run into any difficulties, you may consider seeking the services of a broker who can negotiate with the bank.
What is the banking ban?
The banking ban is the situation of any person who is listed by the Banque de France in particular registered on the FCC (Central Check File). It is then this file that banking establishments consult before accepting the opening of an account or the access of a customer to a loan at home.
There may be a number of reasons for registering an individual with the FCC. This is the case when the individual issues a bad check, a single attempt at this act may then be sufficient for the banking establishment to have the individual registered in the FCC file by the Banque de France.
In addition, if the customer does not regularize a check after injunction of the bank, it can also be filed with the FCC. The consequences of a banking ban are numerous: confiscation of check books, closure of bank accounts, restrictions on banking services, refusal of funding, among others.
What are the solutions to obtain credit when you are banned from banking?
As a reminder, being in a situation of banking prohibition does not deprive you of access to credit. You can still access a loan, even if you do not go directly through a banking institution. There are then various solutions.
For example, you can take out a social microcredit. This is a low-amount loan that fluctuates between 500 and 5,000 euros and that the borrower banned from banking can repay without too much difficulty.
Another solution is to contact the structures dedicated to the banking ban. These establishments can therefore easily grant you the type of credit you need. Among these types of establishments, we can cite: the family allowance fund, the Red Cross, online credit organizations, among others. An alternative to bypass the banking ban is the loan mechanism between individuals.
How to quickly apply for credit online?
To quickly apply for credit online, you have the choice between two solutions. For example, you can go directly to the site of a banking establishment specializing in granting credit, in particular for banking prohibitions.
On the site of the establishment in question, a special page is devoted to online credit. On this page, you will be asked to provide all the necessary information through a form adapted to each profile.
In addition, you can use an online credit comparator. This comparator selects and compares a set of online loans according to well-defined criteria. Depending on your needs and your bankruptcy situation, you can choose the organization most suited to you. This will not only save you time, but also save a lot of money.
Is it possible to redeem a loan when you are registered with the Banque de France?
It is quite possible, for a banking ban, to resort to the repurchase of credit. This allows it to regain some solvency. However, this option requires compliance with certain conditions. It is the solution of the repurchase of credit which can make you leave the carding by the Bank of France. In the long term, thanks to this, you will no longer represent a risk profile for banking establishments.
To buy back a loan, all you have to do is pay the amounts you owe to your creditors who will justify them with payment certificates. By redeeming yourself, all your debts will be restructured and you will find optimal solvency. To have a Banque de France loan buyback, you must either be the owner of a property or a tenant.
What types of credit is possible when you are prohibited from banking?
A banking ban situation is certainly restrictive, but it does not deprive the individual of access to credit. He can therefore benefit from a loan such as consumer credit, a personal loan or car loan. All this set of classic loans can therefore be granted by banks under certain conditions.
In addition, if the bar is high enough for the borrower, there are other credit options open to him. He can, for example, opt for quick credit or mini-credit that does not go beyond the 1000 euros that he can repay between 15 days and a few months. He can also benefit from a social microcredit (between 300 and 3,000 euros), a mortgage loan, a repurchase agreement, a pledge loan, an advance on inheritance or social assistance.