• The Office of Competition and Consumer Protection warns: watch out for the financial intermediary: Piotr Kopczyński Twoje Finanse.
• The suspicious intermediary operates in Lower Silesia.
• His practices may cause you to incur high losses.

President of the Office of Competition and Consumer Protection issued a warning concerning the financial intermediary Piotr Kopczyński Twoje Finanse. He operates in Lower Silesia, among other things, in Bolesławiec and Dzierżoniów. He advertised his services with slogans: “Bank refused you a credit? come to us”, “Low instalments, cheapest offers without checks at the Credit Information”, “No age limit, No hidden fees, No guarantors”, “Speedy procedure”.

“UOKiK received many complaints from consumers who were misled. We estimate that approx. 400 people could have incurred losses as a result of that intermediary’s activities. He makes money on fees whose value he keeps hidden. This is why we would like to warn the inhabitants of Lower Silesia against this company” – says Marek Niechciał, President of UOKiK.

We warn you: Piotr Kopczyński Twoje Finanse may expose consumers to high financial losses because:

1. He withholds information that he charges fees for intermediation. He tells consumers that they must pay a part of the loan into his account and thus, presumably, they will reduce the amount to be repaid. Meanwhile, this is the intermediary’s remuneration and the consumer receives less money.
2. He persuades consumers to take out loans which do not to their needs. In effect, the consumer borrows more than they can repay. For instance, Piotr Kopczyński Twoje Finanse granted four loans with total instalments of PLN 1,900.00 to an elderly lady whose old age pension is PLN 1,460.00.

Pursuant to the Act on competition and consumer protection, warnings are used because the Office concludes that an undertaking applies illegal practices which may put
a substantial group of consumers at the risk of significant financial losses or adverse consequences. Warnings are published on the website of UOKiK.

Trader against whom a consumer warning was issued by the UOKiK: Piotr Paweł Kopczyński Twoje Finanse, ul. Wejherowska 5, unit 10, 54-239 Wrocław.

Contact for the media:

UOKiK Press Office
pl. Powstańców Warszawy 1, 00-950 Warsaw
Phone: 695 902 088
E-mail: biuroprasowe@uokik.gov.pl
Twitter: @UOKiKgovPL