Those who are unable to control themselves will not be able to repay these loans for the first time and will realize that they will no longer be able to borrow.
Before the non-bank creditors had the only chance to get credit from banks and leasing, But at present, non-bank creditors are offering people loans from the age of 20, and these criteria are much lighter, as non-bank creditors issue sums of money which are much smaller and with higher percentages, which also cover those higher risks.
If a young person borrows such a sms credit then he will have to give it back after one month and therefore he needs to have an independent income, such as a salary, a scholarship or some other income that is stable and which can also cover the loan But these data are not too strictly tested by non-bank creditors, and therefore young people are granted credit even if they do not have such an independent income.
And then the question arises whether he will be able to pay it and become a conscious member of society, or he will be unable to do so, and he will start accumulating the penalty interest that either his parents will pay, even after the court decision .
Of course, it does not sound very good that a new person can get borrowed money in court but theoretically the risk of borrowing in a bank is even higher because the loan amounts are usually much higher there and the banks often deal with court inquiries more quickly and more seriously.
So maybe this experience is also very good and it will basically select those who are unable to control themselves and those who are able and precisely because private creditors set high interest rates and earn more money from other customers so they can take such a risk and try. . Whether these people have grown up enough to take responsible credits. Life is not a rose garden.