If we decide to take a quick loan online for indebted, we should first get some important information and check whether we agree not only on the terms of financing, but also on how to verify the accuracy of the information provided by us. A loan for indebted people is a quick and easy solution for all those who do not want their data to be checked at database.

How will the bank verify the borrower’s data?

How will the bank verify the borrower


The most commonly used solution is the so-called verification transfer. In practice, this means that from our bank account number we are required to transfer the bank account number specified by the lender to the specified amount. Usually, it is only 1 penny, although some banks described this sum as 1 euro. This fee is usually not refunded, but on the other hand we have to admit that it is really symbolic. In this way, the bank will see if the data appearing in the field “bank account owner” is in line with those we gave when registering on the lender’s website. That is why it is so important that we make a verification transfer from our own bank account number. If we make it from a bank account of a friend or even someone from our family, unfortunately the verification will be negative.


The next verification step for a loan without database can be sending an SMS text message to the telephone number indicated by the bank. Some banks also use telephone verification. The most popular way, however, is the first, the most widely discussed by us, or verification through a bank account. It is also a convenient form for us. It is also worth knowing that the granted funding will be transferred to the bank account number from which we made the verification fee.

Data verification is a very important element of credit for indebted people, not only for a financial institution but also for us as potential borrowers and consumers at the same time. It provides security and prevents financing for an undesirable person.

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