Understanding Borrowing Limits: Analyzing the Impact of Aiful and Competitor Applications
Posted inJapanese Laws

Understanding Borrowing Limits: Analyzing the Impact of Aiful and Competitor Applications

Question from a reader:
I am working part-time with an annual income of 1.3 million yen. Currently, I have borrowed 200,000 yen from one company, and when I applied to Aiful yesterday, I was approved for a limit of 200,000 yen. I would like to borrow 300,000 yen if possible, but will applying to other companies lower my limit with Aiful

Understanding the Relationship Between Debt Settlement and Blacklists: Impact on Credit Information After Debt Repayment
Posted inJapanese Laws

Understanding the Relationship Between Debt Settlement and Blacklists: Impact on Credit Information After Debt Repayment

Question from a reader:
I have a question about debt consolidation. I heard that if you undergo debt consolidation, you will generally be on the blacklist for about five years after paying off your debts. I have loans from two companies, Company A and Company B, and I only consolidated the debt from Company A. After that, I paid off Company