“Safe 2% credit”. Not everyone plays fair. Banks recorded attempts at fraud

Applicants are eligible for government fee creditwho are under 45 and do not own any real estate. A flat bought by the spouse before the wedding disqualifies the married couple from the possibility of applying for a subsidy in the “Safe Credit 2%” program. The applicant is also required to have creditworthiness. Banks examine it in the same way as in relation to customers who do not use subsidies.

“Secure loan 2 percent”. There are attempts at fraud

It turns out that sometimes clients turn to banks who have not had a job so far – or did not earn enough to take out a loan – and in order to improve their ratings in the eyes of the bank, they hire their parents or other family members. Thanks to this, they increase the creditworthiness.

These were not isolated cases, since the problem was noticed by the banks.

– If someone consciously misleads an employee of the banking sector who considers his application, which is subject to verification, he may be exposed to criminal charges – commented in an interview with money.pl Dr. Przemysław Barbrich, director of the communication and PR team in the Polish Bank Association.

Credit and creditworthiness

However, he added that it is easy to check whether there has been a fraud attempt. – Just check the credit history of the applicant and the receipts on his account. In this case, you have to take into account that if someone previously earned, for example, 4 thousand. PLN net, and now it turns out that he earns 15 thousand. PLN net, the person who signed the new earnings certificate will have to confirm that it is true under pain of criminal liability – added Przemysław Barbrich.

According to ZBP data, there are currently 25,000 cases under consideration. submitted applications.

It is difficult for clients to collect their own contribution

“Impressions” after five weeks of the program were shared by Jarosław Sadowski, Expander’s chief analyst. Applications submitted via this advisory form are dominated by loans with a very low own contribution, not exceeding 5 percent. property values. This shows that many Poles have a problem with collecting several dozen or a hundred and a dozen thousand zlotys, which have to be put out of their own pockets. At the same time, however, several hundred loans appeared, in which the own contribution exceeds 50 percent.

– For many program participants, collecting their own contribution can be a big problem. As much as 40% of the data we analyzed less than 10% of the applications own contribution. In this case, applicants would not be able to obtain an ordinary mortgage loan,” emphasizes Jarosław Sadowski.

“Safe 2% credit”. and real estate prices

What else do we know about the effects of the program after a few weeks of its operation? That, regardless of the assurances that the subsidies would not affect real estate prices, the program pushed them up anyway. During the first five weeks of the “Safe Credit 2%” program, Poles submitted approx. 24,000 applications. conclusions. At that time, the banks signed agreements with 1192 borrowers using the government program. The subsidies will benefit the beneficiaries, but there are more winners: the demand for flats has increased, so sellers can raise prices. And they did not fail to take advantage of this opportunity.

“Browsing through real estate offers on advertising portals, it can be noticed that the percentage of offers in the price range of PLN 700-800 thousand has increased significantly. PLN (i.e. the maximum possible value of funds at the disposal of the borrowers of the Secure Credit 2 percent)” – we read in the latest AMRON-SARFIN report, which is devoted to the impact of the program on the real estate market. “therefore, we can see how the market is adjusting to the new credit conditions,” its authors conclude.

We write more about the conclusions of the report in the text below.