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Everyone should take note of what’s in their credit report.  Credit is something we use everyday, when applying for credit cards, obtaining a new loan or mortgage, or even buying a new car.

Credit and other receivables transferred to the credits that are renewed and connected to the redemption plan are classified in the second group for at least six months. Credits and receivables in this scope can be reclassified in the first group at the end of the period when not disruption of payments.

D) In ​​the case of the debtor, the subject of the first group collateral of the first group coverage of credit and receivables is provided to the bank of the third, fourth or fifth group same day payday loans online direct lenders and other receivables are applied to the “renewed and redemption plan to the credits account”.

e) Credits and other receivables from the real and legal persons in the risk group in which the bank specified in Article 49 in Article 49 may be connected to a new redemption plan provided that there is no additional credit in this article.

Temporary Article 4- The general response rate of the first paragraph of Article 7 of this Regulation is based on the capital adequacy rate of the capital adequacy, which is calculated on the basis of the credit risk and market risk, except for the operational risk, the current rate of capital adequacy is based on 16 percent and above. From the credit cards that are used other than the credit cards may be applied to 1/3/2011 percent to 1/3/2011.

Credits that are used to real and / or Libya activities with established real and legal entities in Libya

Temporary Article 5 – (1) The actual and legal entities in Libya are applied to real and legal persons in Libya and / or Libya on Banks and other receivables on Banks until 31/12/2014 until 31/12/2014. .

a) Banks in Libya resident real and Libya with legal entities and / or with operations against Libya granted to non-resident individuals and legal entities or abroad in Turkey and second loans and other receivables are classified in the Group to be limited to twice can be connected to new contracts. Credits and other receivables connected to the new contract conditions can be re-classed within the first group loans and other receivables provided that they are repaid (10%) of the total receivable amount. The second group credits and other receivables are kept in the second group credits and other receivables due to the second group classified in the first group classified in the first group, due to the fulfillment of the conditions that are categorized for reclassification and the conditions for reclassification. The loans and other receivables that are connected to the new contract conditions for the second time can only be re-classed within the first group loans and other receivables provided that fifteen percent (15%) of the total receivable amount is repaid. If the credit and other receivables in this scope are connected to new contract conditions by using additional loans to the second time, the credit and other receivables are classified in the third group until five percent (5%) of the total receivable amount (5%), and this is the corresponding part of the specified payments in the contract. The specific provision for these, provided that they occur in the periods determined for classification in the group is on the customer of the banks.

Know what’s in your credit report before you need it.  You may also find errors that can be easily fixed.  Don’t take chances, get a copy of your credit report today.

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