Managing Financial Hardship: Debt Consolidation and Low Credit Loans

Struggling with multiple installments in Poland? Learn how to merge your debts into one manageable payment, even if your BIK score isn’t perfect.

In February 2026, the Polish financial market offers specialized tools for those overwhelmed by “chwilówki” or high-interest credit cards. Consolidation is the most effective way to lower your monthly outflow of Złotys.

Why Your BIK Score Matters (And How to Work Around It)

The Biuro Informacji Kredytowej (BIK) tracks every payment in Poland. If you have delays over 30 days, major banks like PKO BP might decline you. However, 2026 has seen a rise in “Alternative Consolidation” for those with lower scores.

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The Best Consolidation Offers in Q1 2026

Lender	Typical RRSO	Max Amount
Alior Bank	9.15% – 11.2%	PLN 250,000
Citi Handlowy	8.46% (New Clients)	PLN 150,000
Santander Consumer	12.67%	PLN 150,000

The “Negative Credit” Solution: Debt Consolidation

If you are struggling with a low credit score, a Consolidation Loan (Kredyt Konsolidacyjny) is often easier to obtain than a new cash loan. Why? Because the bank sees it as reducing your risk, not increasing your debt.

Lower Monthly Installment: By extending the term up to 120 months, you can cut your monthly payments by up to 40%.
Extra Cash: Banks like Millennium often allow you to take extra cash for any purpose atop the consolidated amount.
No Commissions: In 2026, most top-tier Polish banks offer 0% commission for debt transfer.

Stop: What to Avoid!

Avoid “Lombard” loans or unregulated private lenders. In 2026, Polish regulations are strict, but illegal lenders still exist. Always check if the company is listed on the KNF (Polish Financial Supervision Authority) register.

How to Apply for Consolidation Today

List your debts: Gather the remaining balance for every loan in other banks.
Check your PESEL: Ensure it is unblocked in the mObywatel app.
Prepare Income Proof: Even with low credit, a stable Umowa o pracę (employment contract) can secure your approval.