GREECE PRIVATE LOAN
In Greece, a private loan is defined as an option of financing which is granted through a Greek private lender to satisfy the needs of a Greek private individual who wants to borrow money without involving a Greek bank.
In Greece, a private loan is dedicated mainly to help a Greek loan applicant who is facing obstacles in obtaining fonds from a Greek loan broker or a Greek bank because of his personal and financial situation.
In Greece, private borrowing is feasible and efficient financing solution in case of deterioration of the financial position of a Greek person or in case of bad credit score in view of the reluctance of Greek banks to accept any credit demand in such cases.
In Greece, a private loan becoming a normal channel of financing Greek consumers with financial problems should draw the attention as to scams and fraud where people are promise private loans against an upfront fee but without seeing any loan after.