Consolidated loans without databases – are they possible?
Getting a consolidated loan without verification in the borrowers' database is not possible. So where did the idea for writing this article come from? Well, from the fact that this rule does not apply to non-bank consolidated loans, which in the offers of these entities is more and more. So let us think about when it is worth and when it is not worth taking such a form of financial liability. Why do we need a debtor database? In the case of bank consolidated loans, contracting information about a particular debtor is the norm. Banks, due to the