Letters refer to the credit records of individuals or enterprises and, for those who are not in a position to do so, often face problems in accessing financial services such as credit cards, loans and so forth. At the same time, it is more difficult to borrow money once it is blacklisted. So, how do you borrow money when the letters are dark

How can I borrow money if it's dark

I. SETTLEMENTS TRANSFER

The blacklists were unable to obtain some of the usual loans, but if there were some collateral, the difficulty could be solved by mortgages. Mortgages can be assets such as property, vehicles, etc. in a personal name, where bank lending is obtained through a pledge, which is the most negotiable method of borrowing, but is also more risky, with the risk of seizure, recovery, etc. of property if it is not repaid on time。

II. Finding guarantors

In the case of blacklisting, an attempt can be made to find a guarantor. The guarantor means that the parties reach a written agreement on the borrowing, secured by third parties as repayments by the debtor, with a degree of liquidity, but also with a risk of requiring the borrower to assume full obligations if the guarantor is unable to pay。

USE OF THE P2P PLATFORM

The P2P (Peer to Peer) platform is an online platform where individuals provide lending services for individuals. In case of blacklisting, loans can be obtained through the P2P platform. The P2P platform is characterized by a low lending threshold, but in order to safeguard the interests of borrowers and borrowers, it works with banks and institutions in terms of auditing controls and raising interest rates. It is important to note that there are currently some poor P2P platforms in the market that require careful choice。

IV. Leveraging family and friends

If the amount of the loan is small, an attempt can be made to borrow from relatives and friends. The borrowing of relatives and friends is an easy and less risky form of borrowing. It needs to be noted, however, that this type of borrowing may have an impact on human relations and requires that priority be given to the other party in repayment。

IN CONCLUSION, ALTHOUGH THE BLACKING OUT OF LETTERS MAY POSE SOME DIFFICULTIES FOR BORROWING, IT IS NOT AN END IN ITSELF, AND THE PROBLEM OF FINANCING CAN BE RESOLVED THROUGH, FOR EXAMPLE, GUARANTORS, MORTGAGES, P2P PLATFORMS, ETC. AT THE SAME TIME, CARE NEEDS TO BE TAKEN TO RATIONALIZE FINANCIAL PLANNING, IMPROVE PERSONAL CREDIT RECORDS AND AVOID THE RISK OF FALLING BACK INTO BLACKLISTS IN THE FUTURE。