It is possible to obtain a loan from various banks by applying to them in order to pay debts that have gone to enforcement. This way, you can clear an enforced debt with banks that offer loans to people with low credit scores.
What Is a Bad Record and Low Credit Score?
When various debts are not paid, the creditor may pursue legal avenues to collect what is owed. One of the most common actions is to initiate enforcement proceedings. Creditors may file for enforcement after the legal payment period expires, regardless of the debt amount, to recover what they are owed. Once enforcement proceedings start, people often face pressure to pay their debts quickly. If personal finances are insufficient to cover the enforced debt, taking out a loan to pay the enforcement debt becomes an option.
However, because individuals with enforcement records generally have low bank credit scores, many banks will hesitate to grant loans in those circumstances. The most important point for those in this situation to understand is that being turned down by banks is usually caused by a low credit score. One common reason for a low score is an existing debt to any financial institution.
Banks lower credit scores when debts exist. To raise a credit score, the primary solution is to settle, restructure, or arrange installment payments for the debt that caused the score to drop. Therefore, if you resolve the situation referred to as a “bad record,” it becomes possible to obtain loans from banks even while under enforcement.
Banks That Lend to Those with Enforcement Debts
Loans available to those with enforcement debts often depend on the individual’s credit score. Two key factors deserve attention. If your debt is not to a bank but to another type of company or a private individual, your bank credit score may not be affected, and you could more easily secure a loan despite enforcement proceedings.
However, if the enforcement resulted from unpaid bank credit cards or loans, your chances of obtaining credit from banks decrease. In such cases, you should request the bank to lift the enforcement and propose a debt restructuring plan. Almost all banks offer debt restructuring, and after restructuring you may be able to take a new loan to pay the original debt or close the current obligation through the monthly installments set in the restructuring agreement.
If the enforcement originates from an institution other than a bank, this situation usually does not affect your credit score, and you can apply for credit more easily. In that case, apply for a consumer loan at a bank and, depending on your credit profile, withdraw the amount you need. Afterwards, the enforcement debt can be paid through the lawyer handling the case or via UYAP (National Judiciary Informatics System).
How Is an Enforcement Debt Paid?
You can pay an enforcement debt by contacting the lawyer who initiated the enforcement or by using UYAP to make a payment. UYAP accepts card payments, so if the enforcement amount fits within your debit or credit card limits, you can pay directly through the system. If you prefer not to visit the lawyer and your card limits are insufficient, UYAP also allows payment via bank transfer (EFT/havale).
To use the UYAP system, you must log in with your e-Devlet (e-Government) password. Then locate the enforcement file you wish to pay under the “My Enforcement Files” page and select the “make payment” option to complete the payment through the available channels. Payments made via UYAP cover the enforced debt and include any applicable attorney fees.