Can I get a loan with 500+ as the only source of income? It happens that if we have several children, the only source of income is family benefit 500+ or alimony. It is conditioned by the fact that the time spent on looking after children is too long and does not allow for full-time employment. But then is a 500+ loan possible? It is worth knowing that at present there are quite a lot of loan companies that grant loans to people without an employment contract. If we are taking out a loan for the first time, it is worth choosing the offer of a company that offers its first loan for free . By using this promotion, we can save up to several hundred dollars on its costs.
500+ loan – is it worth taking it?
The above question is certainly asked by everyone who goes through temporary financial problems. It is worth knowing that the decision to take such a loan must take into account our individual situation. If we know that we can cope with its repayment, then of course it is worth deciding to take it. If our only source of income is a family benefit of 500+, you should remember that repayment of the online loan will not cause us any future problems.
When taking out any loan, remember that the amount you borrowed must be repaid sooner or later. It is also worth remembering that there are also interest costs and other fees. The situation is exactly the same if we take out loans in installments – don’t be fooled by low monthly installments, because the total costs will certainly be very high. The total cost will be spread over time. Therefore, before we decide to take out a loan for 500+, we must carefully analyze our material situation. Thanks to this, we will avoid debt later and take consolidation loans that cause even greater debt.
Where can you get a 500+ loan?
We encourage you to apply for a 500+ loan where you have the best chance. Thanks to this, we will save a significant amount of time on completing long and boring loan applications. It is also worth knowing that the BIK score can be significantly reduced if we receive several negative decisions. This is not the rule, however, and you have to be very careful about it.
Definition of the 500+ program
500+ is a social program dedicated to families with children. Thanks to him, many families could finally repair their home budget. This program is also very beneficial for the Polish economy – consumption and wealth of citizens are increasing. The main goal of the Rodzina 500+ program was also to encourage Poles to expand their families with more children.
The assumptions of the Family 500+ program are extremely simple: for each child in the family, $ 500 net of tax per month is received. This is a non-returnable allowance and does not count towards income. 500+ can be taken until the child is 18 years old.