This short, informational note is for those of you living in the Nordic strip of the continent of Europe. As things stand now, you are not affected by European Union monetary policies and rules. But your country, among one of the world’s most advanced, has its own fiduciary rules which must be complied with. These rules may seem harsh but they are in place for good reason, mainly to function in your own best interests.
So, say for example, you want to startup a small business, something which your country’s government wholly encourages; you might want some form of capital. But you have no collateral and your credit record has been tarnished through a history of not managing your affairs and having to endure some tough financial circumstances as a result of trying to recover there from. Fortunately, you do have some leeway out of this morass.
Specific to your region, it comes in the form of låne penger med betalingsanmerkning. It’s good to have this as a backup plan, nothing more, especially when it’s needed and it turns out to be prudent to access it. If you are a migrant, newly arrived, you need to check with the authorities to see if you can access such an unsecured loan path. In any case, the agents representing the lenders will be providing you with feedback on whether you’ll be able to borrow the required amount of money.
Who knows, your new business could prove to be a worthy form of loan collateral. If you do not qualify for the desired amount, there’s still a chance of accessing funds through an assessment process which determines the amount you’ll be eligible for and your affordability criteria for paying back the loan over flexible timeframes.