Loan types | JBank.cz

Loan types

Without proof of income

This loan is the riskiest of all. The majority of applicants for this loan do not want to prove their income and thus it is the type with the highest interest rate. However, some of them prove their income by at least one bank statement.

 

Amount 2 000 CZK - 7 000 CZK
Interest 50 % - 60 %
Repayment period 6 - 48 months

Requirements

Without execution

Without insolvency

Authentication

Without proof of income with a guarantor

This loan is less risky as the applicant also has a guarantor and in case of non-payment it can be recovered from 2 people. It also often happens that the guarantor pays the full amount for the applicant.

 

Amount 5 000 CZK - 50 000 CZK
Interest 40 % - 60 %
Repayment period 6 - 48 months

Requirements

Without execution both the applicant and the guarantor

Without insolvency both the applicant and the guarantor

Authentication of both the applicant and the guarantor

With proof of income

This loan is less risky as the applicant also has a guarantor and in case of non-payment it can be recovered from 2 people. It also often happens that the guarantor pays the full amount for the applicant.

 

Amount 5 000 CZK - 75 000 CZK
Interest 30 % - 60 %
Repayment period 6 - 48 months

Requirements

Without execution

Without insolvency

Authentication

Bank account statement for the last 3 months

With proof of income and a guarantor

This is the most common loan people apply for. Thanks to the bank account statements, every investor can get a detailed picture of how the applicant handles money, what is their income and expenses or what is the amount of any other instalments the applicant might have. With these facts, every investor can calculate the risk of their investment and invest correctly.

 

Amount 5 000 CZK - 120 000 CZK
Interest 20 % - 60 %
Repayment period 6 - 60 months

Requirements

Without execution both the applicant and the guarantor

Without insolvency both the applicant and the guarantor

Authentication both the applicant and the guarantor

Bank account statement for the last 3 months from both the applicant and the guarantor

Secured by real estate without proof of income

This loan type is already relatively well secured. The account statements must be sent by both the applicant and the guarantor and generally everything applies as in the case of the “with proof of income” type of loan. The risk here is balanced by the offer of lower interest rates.

 

Amount 50 000 CZK - 1 000 000 CZK
Interest 10 % - 25 %
Repayment period 6 - 72 months

Requirements

Without execution

Without insolvency

Authentication

Establishment of a lien in favour of the investor

With proof of income secured by real estate

This loan is the best and most secured and it also corresponds to an interest which starts at 5% p.a. and the possibility of repayment in up to 7 years. The advantage is that you have your finances deposited and they are repaid to you monthly, together with an interest for several years.

 

Amount 50 000 CZK - 2 000 000 CZK
Interest 5 % - 20 %
Repayment period 6 - 84 months

Requirements

Without execution

Without insolvency

Authentication

Bank account statement for the last 3 months

Establishment of a lien in favour of the investor