SMS loan without UC – what does it mean?
Borrowing money without UC and sms without UC are popular concepts that are often heard about. But what does it mean to take sms without UC? On this page we explain what it really means to take a sms loan without UC.
What is UC?
The abbreviation “UC” refers to the Information Center. The Information Center is a Swedish company that offers credit information for companies and individuals. A credit report is a credit check where the credit reporting company checks the details of a private person’s personal finances and passes the information on to the person who requested the information (in this case the lender).
What does a credit report mean?
In the SMS loan industry, the lender must make a credit report on the borrower when he or she applies for an sms loan. The credit information must be made to be able to determine whether the applicant is able to repay the loan.The information collected in the credit report usually concerns:
- your monthly income,
- your monthly expenses;
- any payment remarks,
- your debts, and
- your credit rating (a sum of the above factors)
All lenders make a credit report when they assess your loan application, but it varies which company the lender uses to make the information. In fact, all serious lenders make credit information on anyone who applies for sms loans, there are no reliable lenders who offer sms without credit information. Companies that use a company other than the Information Center to retrieve the credit information are called lenders who offer sms loans without UC.
Credit reporting is nothing to worry about
We have noticed that people who want to apply for SMS loans often try to avoid lenders using UC to do the credit information. This is because if the information is made at UC then other companies can see that a credit report has been made on the applicant previously. However, with private credit reporting companies, no outsider can see that a credit report has been made on the applicant for the loan.
SMS loan without UC from Message Sweden
We at Messaging Loans are responsible for responsible lending and we do not want people to fall into the debt trap because they take an SMS loan with us. Therefore, we always make a credit report on those who apply for loans with us. We also do not want our customers to have to worry about their information being viewed by outsiders, and so we use a private company to retrieve our credit information. This means that you can take a sms loan without UC with us!