Debtors list available for free for everyone

You may not even know about it, but you may also have a negative record in the debtors register. More and more people find out at the bank counter when applying for a loan or mortgage.

Extract from the register of debtors

Extract from the register of debtors

Housing in a rented apartment may also be a problem. A person who has a negative payment history subsequently has big problems. How to avoid it? Every citizen of the Czech Republic and a legal entity can obtain a so-called extract from the register of debtors Good Finance. Unfortunately, we are unable to access these records for free.

This privilege is available only to the member companies of the association, but it is not difficult to obtain an extract. If you need an online printable form, request a one-time online statement.

For an individual, the price is 200 USD for one online copy. Another option is an SMS statement, which costs USD 30. The last variant is a paper statement, its price ranges from 209 USD – 241 USD.

How did my record get into the registry?


There are more than 57 companies in Good Finance, each with different conditions for enrolling in “sinners”. Somewhere it is enough to omit one payment elsewhere, it is only after three months. Simply put, getting into the registry is more than simple, but deleting can be very tedious.

The most common misdemeanors are: unpaid repayment for a loan, leasing or mortgage. Also, beware of timely payment of money orders for mobile services, gas and / or electricity.

I paid everything but I still have an entry in the Good Finance register


The fact that you repay all your obligations to the companies does not mean that you will be automatically removed from the debtor register. This data remains in the database for up to 3 years, so you must revoke your consent to the processing of your personal data. If you don’t know how to do this, read our previous article.

Request for deletion from the Good Finance pattern registry


Sample application

Your First and Last Name
Your Permanent Address
Your phone and email address

Company name (who entered you in the registry)
Company ID
Company address

Revocation of consent to the processing of personal data

I, First Name Last Name, Permanently Resident Street No, Postcode City, RN: YYMMDD / XXXX hereby withdraw my consent to the processing of personal data in accordance with Act No. 101/2000 Coll., On the protection of personal data and request that the company Company Name Registered Address (hereinafter referred to as the Company) did not further process my personal data.

Since I am not in any contractual or other legal relationship with the Company, nor am I owed to it, I ask that you provide my personal data from all databases that you maintain, in accordance with Act No. 101/2000 Coll. data,
(including databases of third parties to whom my data has been provided, such as the Debtor Register).

If my personal data kept on the basis of any consent granted to their processing by the Company continues to be present in the above databases even after the time technically necessary for their removal, I will be obliged to contact the Office for Personal Data Protection.

Loan without registry and confirmation of income today

It is no longer true that only people who are on the brink of poverty apply for a loan. With the advent of the Internet and mobile technologies, the process has been much faster and simplified. The bank loan is paid to us immediately after approval, which takes only a few minutes, but there are still enough clients to look elsewhere.

As? where did the error occur? Due to low income, applications are rejected, but an even greater cause is when the bank finds that the customer under review has a negative record in the debtors’ registers. What with this? Will they borrow these people elsewhere or are they unlucky? Good Finance will tell you.

Non-bank loan without a register

Non-bank loan without a register

It is common knowledge that non-banking companies do not actually consult the debtors register. How is it really? Before 2015, this was indeed the case that there was no such obligation, but that changed in 4 years. Now the Consumer Credit Act requires all banking and non-bank entities to sufficiently examine and assess the creditworthiness of the client.

What does it mean? Simply put, they have to find out with all available tools whether or not you will be able to repay the loan. The registers mentioned above share information with each other. On the other hand, having paid an invoice with less delay does not necessarily mean that you are haircutting. Non-bank providers are still much more benevolent than banking houses.

Credit registers, what is it for?


Writing in these records is not yet a disaster, as there are positive registers where all who pay their obligations on time are kept. As a result, these clients are more trustworthy and logically increase the prospects for other financial services such as mortgage or leasing.

Bank register of client information

Or BRKI is an extensive database containing contractual relations between banks and borrowers. Banks share this client information with each other. These are primarily data that represent how trustworthy and creditworthy clients are.

Non-bank client information register

These are companies that provide consumer loans and leases. Authorized holders can therefore verify the creditworthiness of their customers.

It is an interest association that tries to fight against the indebtedness of Czech citizens. We find not only non-banking companies, but also telecommunication service providers and even energy suppliers. 

Central Credit Register

They were not CRC. This register is managed by the Czech National Bank and has the task of bringing together banks and branches of foreign banks in the Czech Republic. The main function is to provide information on credit commitments of entrepreneurs and legal entities.

Benefits of loans without a registry

Benefits of loans without a registry

  • money can be obtained even for clients with worse payment history
  • minimum administration and paperwork
  • loan for people with lower incomes
  • Quickly transfer money to your account
  • convenient negotiation on the Internet

Disadvantages of loans without a registry

  • low maturity, usually only 30 days
  • high fees and APR
  • the loan is payable on a one-off basis
  • high penalties and fines if you do not repay the loan on time

Applying for a Mortgage


Applying for a mortgage is one of the biggest decisions you will ever make in your life. A mortgage has been involved in your life for a very long time, at best over 30 years. This decision is therefore certainly not worth taking lightly.

You can easily apply for a regular loan, such as a Flexibility loan or a consumer loan, for example at Catherine Morland , where you can get a quick loan of a few thousand dollars. However, when applying for a mortgage, you must go to the bank yourself and apply for the loan personally. The bank can help you complete your loan application and they are with you every step of the way. However, you should remember that banks are also transactions and they want to get money from their investment. Therefore, they may not always tell you how to save money when applying for a loan.

In this article, we’ll go over some tips on how to survive your long loan period with honor, money, and minimal effort.

How do I apply for a mortgage?

How do I apply for a mortgage?

Mortgages are usually applied for in person by the bank. Some banks allow you to apply online, but in the end, you should always visit at least to sign a loan agreement.

In order to qualify for a home loan, you must save at least 20% of the cost of the home. In some cases, such as when applying for a first home loan, you may receive a guarantee for this 20% from the state. However, you should always discuss this with your bank and ask what options are available to you.

It is worth preparing well for applying for a mortgage. First, make sure you already have about 20% of the cost of your home already in your savings account. Then it’s good to be prepared for the fact that you have to pay off your loan every month to your bank. So make sure you have plenty of room in your budget for the monthly loan repayments.

How can you make loan repayment easier for yourself?

How can you make loan repayment easier for yourself?

1. You can take a repayment break and extend the loan period

You have to pay off your loan every month, but if you have paid off your loan conscientiously, you can get one or two months off the loan. During the grace period, you only pay the interest and costs of the loan and you can use this amount for something else, such as pampering yourself.

Keep in mind, however, that if you take a grace period, your loan will always be extended by one month. Then you pay a little extra money, because every time you extend your loan you pay more. Account management fees, service fees and interest rates are increasing. Therefore, it is a good idea to think carefully about taking a leave of absence, unless you really need it. But it is good to know that shortening is an option if you really need it.

Even though your loan agreement does not specify a grace period, you can still call your bank and request a grace period. Many banks are understanding and will be happy to help you.

2. You can take a grace period and then make larger monthly payments

2. You can take a grace period and then make larger monthly payments

If you need a grace period but don’t want to extend your loan period, you can always pay off larger installments after the grace period. For example, you could pay double the next month or pay a little more each month. Banks rarely complain if you want to pay back a little more at a time. So this can be a good way to use your repayment leave.

3. Extend the loan period, which reduces the monthly installment

3. Extend the loan period, which reduces the monthly installment

Many want to pay off the loan as soon as possible. However, sometimes there may be changes in the budget and payment of the loan installment may be tight. The good news in this case is that you can extend your loan period to get a smaller monthly installment if needed.

This is a good option if you need some flexibility to pay off your loan installment. Remember, even if you extend your loan period, you can always pay more than what your loan installment is. This will help you pay off your loan faster if you want.

4. You can pay off your loan faster than you planned

4. You can pay off your loan faster than you planned

The sooner the loan is paid off, the less you pay for the rest and the interest you pay. So if you get a little extra income from something, you can always pay off the loan a little more than you planned. Keep in mind, however, that even if you pay off your $ 1,000 loan this month, your next month’s loan installment will still remain unchanged. The only change is that this way the loan is then paid off more quickly and the monthly installments end more quickly than planned.

5. You can change the due date or payer

5. You can change the due date or payer

Many banks give you the option to change the due date. For example, you can pay off your loan on the 15th of each month instead of the first day of the month. Just ask your bank to change the due date. In addition, for example, you can switch payers if you and your partner pay off the loan together. In the final games, the bank doesn’t care where they get their money from, as long as the payments are logged to the bank on time.

Other tips

It’s a good idea to make the loan as easy as possible for yourself. At worst, however, the loan will have to be repaid for up to 20-30 years. The best part is when you don’t have to think about paying it anymore. So, for example, you might want to set an automatic loan repayment to leave your account on the due date of the loan. All you have to do is make sure that you have the money to pay off your account.

Another good idea, for example, is to open a personal account for loan repayment, where you can put money specifically for the loan. This way, your loan repayment money is safe in one savings account, and you do not have to look at your current account like a hawk to make sure that there is the right amount of money when the due date falls due.

Also remember that the more money you can save for your home, the less you need to borrow. This will help you save money on your loan costs and significantly reduce your loan period. So start saving early.


Applying for a mortgage is one of the biggest decisions of your life. With a mortgage for many decades of your life, it’s a good idea to make sure your decision is really right. Namely, once a loan has been taken and used, it is your responsibility to repay every penny you borrow.

Although it is very easy to get a loan in practice, it should not be taken lightly. Before you take out a loan, it’s a good idea to compare the loans and their interest rates in peace. Bank loans are often low-interest, so you may not need to make a thorough comparison. But in any case, it is a good idea to compare the interest rates and charges of a few different banks. This will help you find out which loan is most suitable and cheapest for you.

Also find out from your bank how much money you need to save on the total cost of your home for the loan. Many banks require at least 20 percent of the home’s sale price to come from your own pocket, and they lend the remaining 80 percent. In some situations, you can get a state guarantee for this 20 per cent, if I have first-time home buyer. So it’s good to ask your bank what options you have.

After comparing loan prices and saving 20%, you can go to the bank to fill out a loan application. It usually takes a few days to get a loan decision. Once you have a positive loan decision, the next step is to go to the bank to sign the loan. Once the loan for your apartment is signed, it will be in your account within minutes. Now you can buy your own apartment.

After that, it is your responsibility to ensure that you have the required loan repayment in your account by the due date and that you are responsible for paying off any payments on a monthly basis. Remember, you can always get help from your own bank – you just have to ask for it!

What insurance is required when taking a mortgage loan?

Hiring a mortgage loan is one of the most common ways to finance the purchase of a home. However, there are different aspects to consider before hiring, as is the issue of insurance. In this article we will know which insurances are mandatory when taking a mortgage loan and which ones can be hired additionally.


What insurance is required when taking a mortgage loan?

mortgage insurance

Following the incorporation of the new article 40 of the Insurance Law, introduced by Law No. 20,552 that Modernizes and Promotes the Competition of the Financial System, it is mandatory to contract two types of insurance when a mortgage loan is taken: the lien insurance and fire insurance. We see its characteristics, below:

  • Lien insurance:
    • The lien insurance allows, in the event of natural or accidental death of the insured person, to grant or eliminate the outstanding debt with the creditor of the mortgage loan (bank).
    • It is important to consider, in this insurance, the way in which it is calculated. Some companies readjust the value of the debt year after year, while others stipulate a fixed value for the total credit term.
    • Experts recommend that its value be reduced as the years go by, reaching zero at the end of the last mortgage loan payment.
  • Fire insurance:
    • The purpose of fire insurance is to protect the value of the home in case of fire and total loss thereof. It also protects against minor damages, in which case the insurance company delivers the value of the damages to the bank and the latter delivers them to the owner to repair the property or cover the claim’s debt.
    • Remember to review the coverage of this insurance contract, if there are special coverage, how it operates in case of total loss and if it is annual or if it should be renewed periodically.


You should keep in mind that:

  • When contracting a mortgage loan, you have the right to have the mandatory fire and relief insurance properly informed, including all relevant information about coverage, conditions, restrictions and costs.
  • In addition, you have the right to purchase these insurances from another insurance company other than the one proposed by the bank, provided that they meet the conditions required by the bank. Remember that here you can know which are the best insurance companies: Ranking insurance companies in Chile


What insurance can be hired in addition to the mortgage loan?

mortgage insurance

Apart from the previous insurances, it is also possible to contract additional insurances , if the mortgage loan holder so desires. The most common are: earthquake insurance, unemployment insurance and the most total and permanent disability insurance :

  • Earthquake insurance: this is an additional and optional coverage to fire insurance, which aims to cover the material damages that the house may suffer as a result of an earthquake.
  • Unemployment insurance : This insurance is intended to cover credit debts in the event of an eventual unemployment of the debtor or inability to work (involuntary unemployment). This insurance does not cover in case of resignation of the worker.
  • Relief Insurance plus total and permanent disability : Protects the debtor in the payment of the credit against the risk of death or by declaration of total and permanent disability 2/3 of the insured, as a result of illness, accident or weakening of physical forces or intellectuals, during the term of the credit.


In conclusion, when taking out a mortgage loan, it is necessary to contract, for legal imperative, the insurance of fire and relief, being able to freely choose the entity with which you want to hire them. Additionally, if you need to cover other risks, you can also take out additional insurance such as unemployment or earthquake .


With financial surpluses, we often wonder what to do to multiply them in some way. If we want to do it, we have many ways to do it, from the low-risk ones to those that can make us lose our money. As we know, if we decide to invest in a safe way, our profits will not be too high. On the other hand, risky investments may bring us high profits. But the most important is the word “may”. It is not said that thanks to them we will significantly increase our property. What’s more, we can lose our money.

Is it worth investing in stocks? 

Is it worth investing in stocks? 

However, if we decide on a higher risk and higher profits, we usually buy shares for our money. They are issued by many companies, and the revenue generated from their sale is often spent on the development of the company. Trading in shares is very well organized, thanks to the operation of the Warsaw Stock Exchange, where shares can be bought or sold. Why is it considered that investing in stocks is very risky? For their prices are constantly changing. And share owners have little influence on whether the price of a given paper will go up or down. It depends mainly on the condition of a given enterprise, but also on macroeconomic data or data from the industry. Therefore, everyone who owns shares is not sure whether in a few minutes their price will not decrease, because it turns out that some factor affecting the valuation of the company has changed to a disadvantage and therefore some people will want to sell their shares. Of course, we can have the opposite situation and our shares may increase their value as a result of some factor and in this case we gain.

So you are probably wondering if it is worth investing in shares. And probably there is no unambiguous answer to this question. Especially that we can buy stocks in two ways. First of all, we can “play” on the Stock Exchange, constantly buying and selling shares. Secondly, we can treat the purchase of shares as a long-term investment. In this case, we buy the stock and “keep it” in our portfolio, no matter what happens to them. As statistics show, the second solution is more profitable (although not always). Therefore, experts recommend this way of multiplying their money, of course, if we decide on this risky solution. And of course we have to realize that we will never know if our choice was right and we will not lose our money. Therefore, not everyone decides to invest in this way.

Digital Account – Hire A Loan without Leaving Home


Digital Account of Crefisa or simply Crefisa Digital. The Online Loan Application is found in the Play Store and App Store. It was created to help anyone who wants to get their financial lives up to date with online loan options. The main idea is to follow the technological advance of the financial system and offer all the quality of the service already known from the website on the internet, now just a click away with the App.

With Crefisa Digital Account everything will be faster, easier and safer. It’s money wherever you are, on your phone, smartphone, computer or tablet. Hiring personal loans through applications and still have all the advantages, in addition to being able to access 24 hours a day without leaving home, the application and hiring process has simplified.


Crefisa is now Digital

As one of the biggest financiers, it could not be left out of the new generation of banks and digital accounts made for people who live with their smartphones and want something services that look more like Netflix and WhatsApp. In Brazil we are still walking, but in general, everyone wants facilities and the financial market with Fintechs reinventing the banks. Today the alternatives to getting a lump sum of money are getting faster and de-bureaucratized

If you can not or do not want a bank account or are negative, are salaried or self-employed, you know how hard it is to get extra money, mainly borrowed. As these new advances, financials will be connecting all kinds of use with digital technology, especially now that the demand for credit with restriction has increased.

Do loan applications seek more and more potential customers? They offer enough and everything you need in terms of interest and timing just to try to get people to abandon or replace the traditional bank.

You will also like to know what are the interest rates of the crefisa. A big doubt of the users that pass here in the Portal is if the Crefisa loan is or is not consigned discover! Crefisa Financeira makes personal loans without bureaucracy and without consultation.

Digital reliable and secure?


Digital reliable and secure?

There is no reason not to be, the system you use on the site you also use on the cell phone, the difference is that the cell phone is small and the computer is great.   The Crefisa Digital loan by the application is safe from registration to finalization when the money is released to the client’s account.

The most important in the relationship between you (client) and the creditor (Crefisa) being on the internet, is to protect your information and keep it safe, and in the Digital Account of Crefisa your data is protected by a digital certificate system with SSL encryption in the same way that big banks have used, both on Android and on their Iphone.


How to open and how does the Crefisa Digital Account work?

How to open and how does the Crefisa Digital Account work?

The account works like most of the apps you download on your phone, the difference is that this app is unique to performing credit operations and more specifically:

The process is very simple, you download the application here, and once downloaded on your phone, start opening your account by entering your CPF, the system will ask you to read the term and open the PDF of the tariffs otherwise the application will not let you Continue. Pass the screen, open another with name, date of birth, create a password, place your most used email and inform your cell phone. You will need to take a picture live by the App itself. Done this simple step is just continue until the end.

What documents do you need?


What documents do you need?


For those who have CPF suspended, canceled or pending adjustment, it is no use trying to open the account that will not be able to.

  • CNH or RG with the CPF number;
  • Proof of residence: official correspondence, commercial, consumer accounts (water, electricity, telephone, gas) delivered via Mail, with a date of issue of up to 180 days.
  • Proof of income, with the most recent issue date (last month).


What does Crefisa Digital offer of advantages?


What does Crefisa Digital offer of advantages?

Not many things, it is the essential that we have seen there with this flood of digital accounts, but we have been able to list some advantages:

  • Make personal loan for negatives and salaried people
  • Uses as debit card for purchases and withdrawals;
  • Make unlimited withdrawals of available account values;
  • Transfers money between accounts;
  • Transfers money to accounts of other institutions via TED or DOC;
  • Performs payment of bills, bank statements, etc .;
  • Issue and consult balance and statement for internet and mobile;


What are the disadvantages?

What are the disadvantages?


As these digital accounts typically do not have expensive agency networks or vast call centers to maintain them, it’s all in the application, so some tariffs, others are free, have the reduced value.

Crefisa’s digital lending platform will enable registered users who are disregarded by the traditional credit system that does not grant approval for people with restrictions, who are negative or with a low credit score.

As the application installed on your phone or tablet, you will have the opportunity to avail a personal loan without having to run from bank to bank, post office, queuing or going to Lan house, nor having to send a bunch of paperwork and still wait the endless waiting for approval.

Crefisa loan for negatives


The whole country already knows Crefisa, the services and products offered on the website and in the stores spread throughout Brazil helps those who are experiencing difficulties, have little or no money and need immediate and immediate relief to continue the day-to-day journey.



Not everyone needs to know about investments. To properly multiply your savings, you need to have a lot of knowledge and experience. If we do not know what and how to invest our money, better entrust them to specialists. There is a high probability that they will know what to do to improve the state of our finances. If we want to multiply our savings with the help of specialists, it is best to put money into an investment fund. It is with their help that we can increase our financial resources. The specialists in the financial world employed in them know exactly what to do to ensure that fund customers are satisfied and that they make the most profits.

Investment funds are interesting because they take into account the propensity to risk people who pay their money to them. So they can put money into them, those who are willing to risk the hope that they have achieved a higher profit, as well as those who prefer stable, not very high profits, but they are sure that the money paid into the funds will certainly return to them. For we can never be sure exactly whether the fund we choose will bring us profit. There is always a risk that people responsible for managing our money will misinterpret the situation on the financial market and make the wrong choices, which may cause our money or part of us to get lost. This is the investment risk that we always face.

Below we present the division of investment funds, precisely because of the risk of losing our capital.

Below we present the division of investment funds, precisely because of the risk of losing our capital.

Equity funds – as their name suggests, they invest the money entrusted to them in shares. Therefore, they are at very high risk. For it is never quite clear what the actions of companies that the investment fund will have in its portfolio will behave. We often come across equity funds that invest a lot of money in the purchase of shares of companies from one sector of the economy, eg from the energy, information technology or modern technologies. It is commonly said that equity funds are for young people because they are a long-term investment. It is commonly said that in the long run, there is a higher probability that they will bring profit.

Hybrid Funds – funds of this type, invest in various types of securities. We include shares, bank deposits, bonds or currencies. As you can see, these are investment products with a different degree of risk. In this group, we can distinguish two types of funds:

– stable growth funds – invest primarily in shares and securities. However, investments in shares may not exceed 40% of assets that are in possession of funds. The remaining part of the money should be allocated for the purchase of more secure financial instruments.

– balanced funds – they invest in a similar way as stable growth funds, however the number of shares in the portfolio is slightly larger and ranges from 40 to 60%. You can achieve higher profits thanks to this, however there is also a greater risk of losing money.

It is said that the minimum time to invest in this type of funds is 5 years, so it is a medium-term investment.

Debt securities funds – these are funds that invest most of their funds in debt securities, which give you the opportunity to earn regular income. Their share in the investment portfolio should be at least 66%. The Treasury bonds, Treasury bills, bonds issued by private companies, bonds issued by local governments are the most frequently bought ones. They are considered safe and therefore can be a short-term investment.

Cash and money market funds – they owe their name to the instruments they invest in. They are usually bank deposits or instruments whose maturity does not exceed one year. We include debt instruments issued by the State Treasury, the National Bank of Poland or some international institutions to which Poland is a member. These funds are very safe, but they do not give us the opportunity to earn high profits.

We can also divide investment funds due to “openness” to their clients. Therefore, we distinguish here:

Open-end investment fund (FIO) – participation in such a fund can be bought by virtually everyone. We can buy any number of these units, at any time, and at any time we can sell these units.

Specialist open investment fund (SFIO) – it is similar to an open-end investment fund, however, in the fund’s statute there is a certain group of investors who can buy units, as well as conditions to be met in order to acquire them.

Closed-end investment fund (FIZ) – funds of this type issue investment certificates. They may be registered or bearer. Usually, the number of participants in such funds is limited. They can be like shares, in other words by subscription.

Let’s also see what the distribution of funds looks like due to the geographic location of investments:

National market fund – the dominant part of the assets of the funds is invested in securities of institutions established in Poland.

Foreign markets fund – the majority of assets is invested in securities of entities whose registered office is outside our country.

Fund without specific geographical specialization – such funds do not have specific geographic preferences when buying investment securities.

Based on the information provided earlier, we can conclude that there are a lot of different types of investment funds in our country. So if we have free financial resources that we would like to multiply, and we do not know how to do it, it may be worth trusting one of the investment funds and buying participation units. However, we must be aware that there is no guarantee that the funds invested will return to us, because each investment is more or less risky.

A Debt Consolidation Loan Can Be The Right Answer To Fix Your Debt


Recent dedication in our way of spending has led many bear bondage of debt. This is especially true with the facet as credit card, as we simply charge this site to be charged. To get out of this bondage, take the following lessons to acquire a debt consolidation loan.


What accounts for the rising cost of debt?

What accounts for the rising cost of debt?

Every day, we find new facts about spending just around the corner. A particular financial eat most of us is the credit card. Most of the time, buy things without even planning to. We either buy because we feel like or we buy out of intuition of belonging to the class of “never say never”. We simple ask sales person to “let himself down”. We fail to acknowledge that these two words are words that will haunt our entire economic future. Most young people today are more prone to online shopping. These are what we should avoid. When our debts plummet more than our income, the only last resort seems to be choosing debt consolidation loans. A sensible man in our present world should not even think of a phase of debt consolidation loan. Instead, we should revolutionize consolidating credit to take care of profitable investments. This can be the dome if we have willpower; That the power of optimistic philosophy or the belief that we can move mountains.


Debt consolidation loans are always way out

Debt consolidation loans are always way out

When there is no possibility that you can get out of debt, the only option is to take out a debt consolidation loan. This type of loan has been calculated with the intent of merging the debtor as a way to help him live debt free current debt. This became a good whim because every modern consumer is faced with a lot of necessities to trust. These necessities are easily supplied by various companies. The community has also made it possible for you to make the consumer ahead of paying. At times, it becomes difficult to document all these payments. When you fail to pay them, you are a fine or punished. Therefore, it becomes necessary to take out a debt consolidation loan to settle this debt at once.


Is a Debt Consolidation Loan the Best Way Out?

Is a Debt Consolidation Loan the Best Way Out?

I think this should serve the purpose of solving more debts. A debt consolidation loan is there to cope with your mind from the complexity of smaller and forgettable debt. Your mind is freer to manage your debt and concentrate on other important issues.


Your bet must count

Your bet must count

A consolidation of your debt from the loan should not help you without you helping yourself. It may be necessary to put an end to most of your sick spending habits before you can realize any change. You must accept changes. They are a must and you have no choice otherwise you can stay in debt.

If you are still in doubt, do not hesitate to visit the link below for more information which we as an expert in this field could give you good advice.


Not everyone needs to know about investing. The more so because the finance is quite a complicated matter, which is characterized by a large variability for this, so you should always control what our invested funds look like. Although our savings can be paid to the bank for a deposit and not to worry about anything, we will not achieve such investments of great profits. Perhaps it is better to entrust our money to professionals who know how to multiply money? If we decide to do so, it is best to look for an Investment Fund Company and deposit money into it.

Investment Funds are financial “institutions” that invest in the funds that their clients have paid them. Specialists work in them, who theoretically should know what to do to make the money bring the greatest profit. Unfortunately, this is not always the case, a little later. Anyone who wants to multiply their savings in investment funds must open his account in it. Usually this is done via the Internet. Once we have it behind us, we acquire participation units in a given fund and we wait with the hope that the value of the units will grow, thanks to which we will be able to sell them in the future with profit.

What funds are offered by TFI

What funds are offered by TFI


Each Investment Fund Company offers to its clients many types of funds or even sub-funds. They differ in the instruments in which they invest their clients’ funds, and this in turn affects the risk of losing the funds deposited.

Cash (cash) and bond funds are the safest for clients. They invest in vouchers, bonds or even deposits in banks. Because these are very safe instruments, the risk of losing money is virtually non-existent here. Unfortunately, we must be prepared that the profits generated will not be too high.

If we are willing to risk a bit more, we can deposit our money into a fund of sustainable or stable growth. In this kind of funds, the money is divided into two groups (depending on the Society in various proportions). The part is invested in safe instruments (bonds, treasury bills), and some in risky (eg shares). By donating our funds to such funds, we can “earn” much more, but there is also a better chance that we will lose some of our money.

If we like the risk, but in return, we want to achieve high profits, we should put our money into an equity fund, where most of the funds are invested in the stock market. As we know, the Warsaw Stock Exchange is a place where you can earn a lot of money in a quick way, but you can also lose all your property there. So if we deposit money into such a fund, we must be prepared that the units that we buy may lose their value.

How to choose the best fund

How to choose the best fund


The choice of the fund to which we pay the money should be determined by several factors. First of all, we must take into account our propensity to risk. If we have a gambler’s line, the choice of equity funds seems obvious. If we prefer to sleep peacefully – for example, a bond fund will be an ideal solution for us.

Another factor that influences the selection of the fund is our age. According to specialists, young people can afford more risky funds, because in the perspective of many years, the chances of getting a profit from such investments increase. Older people, on the other hand, should invest in safer instruments in order not to lose their funds.

It is also good to diversify your investments, which is best to divide our financial resources into several funds. Then the risk of losing them is significantly reduced, because if we lose our money in one fund, then another can bring us profits.

Investment costs in investment funds

Investment costs in investment funds

We need to be aware that investing in funds involves certain costs. First of all, TFI charges a management fee for the management of investment funds. Their amount depends on the degree of investment risk. In the case of safe funds, the commission usually does not exceed 1%. If, on the other hand, we decide on risky investments, we also have to reckon with commissions up to 4%. Some TFI also charge a fee for the purchase or sale of participation units, however, usually they are not large amounts.

Is it worth to multiply your money through investment funds? Everyone has to answer such a question himself. For sure if we have no idea how to multiply our money, it can be a good solution. However, we must realize that this is accompanied by a certain risk and costs, so we must analyze ourselves whether it is worth buying shares in some fund.