Documents needed to apply for a loan
To apply for a loan, you must complete many important documents. Without them, the bank will not be able to analyze our application and decide if it can grant us this loan. The first proof we need to show at the bank to get a loan is our ID card. The bank will want to know who it is dealing with and whether we are actually the person we claim to be. Other documents to be submitted in the bank are mainly related to the source of our income and they vary depending on the bank in which we apply for a loan.
If we do not know what documents are required in a given bank and we care about time, it is worth preparing everything that can be done. If we have every document on hand, the procedure for granting a loan will be much faster. You must have documents confirming our income.
Provide certificate of employment
People who work under a contract of employment must provide the bank with a certificate of employment, as well as a certificate of remuneration and a previous contract or previous work certificate. If we worked abroad, we should have a tax declaration translated into Polish. For people working on a mandate contract or a contract for specific work, we will need an annual tax return for the previous year, which will confirm our income over the last year. People running their own businesses also apply for loans.
Such persons should take their complete accounting records to the bank, as well as an excerpt from the National Court Register REGON and a tax return for the previous year. in the case of people who earn income from pensions or from renting or renting a flat, they will need rent contracts or excerpts from the last three months. Having these documents with us, we can complete the loan application much faster and we will get a response from the bank sooner if we could receive this loan. You need a lot of formalities to get a bank loan, but without them no bank will give you money unless you apply for a loan from another financial institution.
There will not be many formalities, but the interest rate on such a loan will certainly be much higher. You must keep this in mind before you choose where you want to borrow money.