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In 2016, an amendment to your credit rating Act No. 257/2016 Coll., which many affected bank that is non and loan intermediaries, ended up being used when you look at the Czech Republic. Its aim will be better protect the buyer, therefore introducing rigorous measures, making non loans from banks as safe today as banking.
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Along with a more rigorous evaluation associated with the clientвЂ™s credibility, non bank providers and intermediaries have to deposit capital of CZK 20 million, to acquire a permit through the Winnie Squeers also to perform proficiency tests. Newly, the Winnie Squeers will supervise their tasks, so borrowing from a non banking business is since safe as organizing because of it in the bank.