dijualobataborsii.com

My WordPress Blog

First loan without interest

by admin

Currently, one of the most popular alternatives to obtain extra fast money is to apply for loans online. Unlike banks, the web pages dedicated to granting loans or credits do not ask for so many requirements and the processes are usually simple and agile for greater customer comfort.

These types of loans are designed to help us solve any type of inconvenience that may arise in our daily lives, such as a medical emergency or an urgent repair at home. In this way you can solve the problem without spending the savings or decompleting the budget.

To apply for a loan you simply have to follow the detailed procedures on each of the pages dedicated to that business or use a loan comparator to see all the options available in the market that fit your profile and ability to pay.

How to choose a loan online?

How to choose a loan online?

Perhaps the most complicated part when applying for a loan online is the choice that suits us best. In the market we can find a large number of companies that are dedicated to the loan of money. However, not all of them are reliable and it is important to pay attention to some details.

The first thing you should see when entering is that the page has a valid security certificate and that the address is HTTPS, otherwise you would be taking the risk when entering your personal data. It is also important to check that the page does not take you to other addresses.

One option is to read the reviews that other users have published on the internet to find out if it is a safe company. This also to know how is the experience of applying for a loan with that company and the conditions they provide to their clients.

On the other hand, if you use a comparator you can rest easy because you will only find companies with a proven reputation for greater security when hiring. Also, the loans you will have in the options have been chosen because they have clear conditions and have no hidden or misleading clauses.

How to apply for a loan?

How to apply for a loan?

Although each entity has its own procedures and requirements to grant a loan there are some that repeat. For example, first, you must fill out a form directly on the page of the company where we are making the request. The answer is usually given in a matter of minutes.

The next step once we have the approval is to send the missing documents. The following requirements are usually requested:

  • Have valid ID
  • Be of age
  • Be a bank account holder
  • Reside in the country

Other companies ask for some more requirements such as having a private email account or non-corporate mobile number, but these are the most important. As you will see, they are more flexible requirements than you will find in a traditional bank.

In addition, you will not have to queue or wait in an agency just to be denied the loan. It also offers an opportunity for those without credit history or with a very low history. This way they can build their credit profile with an online loan.

Finally, as a customer you can choose how long you want to pay the loan.

Recommendations before applying for a loan

Recommendations before applying for a loan

Applying for a loan is easy and fast, but that is why it is still a financial product that must be treated carefully to avoid getting into more debt. The first thing you should do before making the request is to analyze if you really need the money or if you can get it elsewhere.

In any case, you should avoid taking loans that are above our ability to pay as we could end up with a larger debt than the amount requested. It is important to make a study of our financial situation prior to the request.

In addition, you have to be attentive to the terms and conditions of the loans. Especially the payment deadlines and what happens in case we cannot meet the quota at some time. With a comparator you can see all the conditions quickly to avoid unpleasant surprises in the future.

When is debt restructuring worthwhile?

by admin

Experts repeatedly advise that high overdraft rates should not simply be tacitly accepted. It is, therefore, an excellent solution to convert the overdraft facility into an installment loan and thus save high costs. In principle, this is also easily possible and offers valuable advantages for the consumer.

By repaying, the borrower now receives constant installments, cheaper interest rates and thus the chance of prompt debt relief is significantly higher. In addition, only a few points need to be taken into account when arranging debt overdrafts, and repayment is no problem for many banks even in a short time. It is rarely made so easy for the consumer.

When is debt restructuring worthwhile?

When is debt restructuring worthwhile?

Debt rescheduling is always worthwhile if it appears that it is no longer possible to get out of the overdraft facility without further ado and the situation could probably even get worse. Another reason for the redemption could be that the overdraft rates are simply too high. This is often the case since there is no law in Germany that sets the maximum limit for the interest to be charged.

You can also make a very simple list yourself or use one of the many comparison computers on the Internet to determine the cheaper option by comparing them. In addition, you should always keep in mind that an overdraft facility has a double-digit interest. Unfortunately, 15 percent of pa is a reality these days. An installment loan, on the other hand, is significantly cheaper. The interest rates are well below 10 percent.

Debt restructuring is not worth it - alternative free current account

Debt restructuring is not worth it - alternative free current account

In rare cases, rescheduling may not be worthwhile. In this case, it is important that you still try to keep the costs as low as possible. A good way to do this is to look for a free checking account with, particularly cheap overdraft facilities. Of course, this measure should be carried out in advance, before the overdraft facility was exhausted.

The Internet also offers a wide range of comparison calculators and advice options for finding a great provider and not tapping from one cost trap to the next.

How does it work?

Debt rescheduling is really easy and a good way to get your bank account back on track. The best thing to do is to find a loan provider of your choice on the Internet and apply for an installment loan. You should make sure that the loan amount is chosen slightly higher than the target amount on the checking account. After all, you don't want to slip back into the dispo immediately.

After submitting relevant evidence and providing information to Schufa, the bank will usually pay the loan in cash or transfer it to the overdrawn account. This account is now cleared and the overdraft facility is replaced. One should nevertheless keep in mind that interest payments will also be incurred for an installment loan, which must also be paid monthly.

In addition, of course, the agreed repayment amount must be paid. That is why it is important not to leave the selection of the provider to change and to carry out a corresponding comparison. Our team will be happy to advise you and help you to redeem your overdraft facility.

Debt restructuring of real estate loans.

by admin

There are always times when you had to accept very high interest rates when financing your property. If there is a relatively low interest rate again, you should think about a possible debt rescheduling as a real estate financer. So that a low interest rate phase is not missed and the follow-up interest rate phase suddenly ends in a high interest rate phase, we have already proposed hedging with a forward loan. This option for follow-up financing can be secured when the contract is signed. In all other situations, a corresponding calculation must be made to determine whether rescheduling makes sense in the prevailing situation.

Basically, however, it can be said: Within a fixed interest rate, it makes little sense for a real estate financier to reschedule. This only makes sense if it has been designed for a period of more than 10 years. Because here, according to German legislation, every borrower has the right to repay the previous loan in whole or in part with a period of six months. A debt restructuring can therefore make sense here. If the loan is below this deadline, the real estate financier is not only dependent on the accommodating of his lender, but can also be replaced by a hefty payment of a prepayment penalty.

Fixed interest rate for the construction loan

Fixed interest rate for the construction loan

If, on the other hand, there is an end to the fixed interest rate for the construction loan, then it is easy to reschedule or even switch. Interested parties should not let their bank urge them to stay just because they are told that the change would result in extremely high fees. In most cases, the opposite is the case, because what is ultimately saved through a change is often less than what would have to be paid in fees. Interested parties should therefore not put too much pressure on themselves, but rather analyze the market in good time. Many banks, on the other hand, still rely on the inactivity of their customers and ultimately remain winners only because they offer them completely overpriced offers for follow-up financing. Therefore, use - if necessary - the rescheduling to another lender.

Debt rescheduling or follow-up financing can be carried out for land, condominiums, semi-detached houses and terraced houses, for apartment buildings as well as for one and two-family houses and of course for residential and commercial buildings. In the case of debt rescheduling and follow-up financing, in addition to the commitment fees, there are also partial payment fees in the event that the committed loan is called up later or in partial amounts. There may also be corresponding valuation fees in the event that the lender appraises the property.

If you are on the way to cheap follow-up financing, you should always pay attention to the seriousness of the respective provider. After all, what use is the most tempting offer to the future follow-up financier if all of the financing ultimately leads to the debt trap? So before the final decision to sign the contract is made, prospective buyers should examine an in-depth comparison of the various offers on offer, including a small print, of course. Appropriate follow-up financing can be found very easily on the Internet thanks to global networking.

The pros and cons of debt restructuring

The pros and cons of debt restructuring

As already mentioned, debt restructuring within real estate financing can be rescheduled in two different ways: one is rescheduling when the previous agreement expires, the second is early rescheduling before the previous fixed interest period has expired. A debt rescheduling in the area of ​​mortgage lending is therefore always pending when the fixed interest rate has expired. Borrowers who have agreed on a variable interest rate, that they can use this loan all the way up to full repayment of the loan amount without rescheduling the advantage. In the case of a fixed interest rate agreement, on the other hand, the borrower has the option of deciding whether to extend the loan at the existing conditions or to transfer it to another bank. If the lender is switched to a new loan offer, there is real debt restructuring.

Who wants to make a premature debt restructuring, has, however, that the bank does not have to agree with this commutation the problem. Such approval is almost always granted, but only at a high prepayment penalty. If you do not take this cost factor into account, you may not be able to drive your new interest rate more cheaply, even if it should be cheap. However, this can be avoided by not canceling the loan, but instead applying for a forward loan to replace your old loan. Here the borrower has the decisive advantage that he does not have to cancel his loan, rather he already sets the debt rescheduling for the future. At this point, however, it must also be mentioned that a forward loan can also prove disadvantageous.

This is the case if the interest rates remain at the same level or even fall until the forward loan is drawn. Because a forward loan is only suitable in the event that interest rates will rise significantly in the future. Therefore, before an interested party decides on certain loans as part of a mortgage, a comparison of interest rates should be advised. Because even even the smallest differences between the providers themselves leading in most cases to an enormous savings potential with regard to the applied rates. Interested parties have the opportunity to do this using an interest calculator on various internet platforms. However, if you want to compare interest rates, you should still make sure that the provider also delivers well-founded comparison results.

The interest rate should serve as an interest comparison, ie the comparison should make use of the effective interest rate, since the nominal interest rate does not include costs, fees or repayments. Likewise, there are two types of mortgage interest rates to consider. These differ in the duration of their fixed interest rates. On the one hand there is the interest rate for a variable loan, on the other hand there are different interest rates for fixed loans. Reason: With the duration of the fixed interest rate, the interest rate that the lending bank then demands for the fixed-interest loan also increases accordingly.

Credit Simulator in the country

by admin

The loans, since the banks were invented, have been contracts in which the client receives money from the entity. Meanwhile, the first one agrees to pay it at a certain time and under certain conditions.

An online loan is the new face of our loan agreements with banks. Technology and digital identity are today, a new way of accessing benefits and new ways of doing business.

Credit Simulator

bank

That is why entities such as Good Finance grow the financial world digitally by granting loans online. Having to lose a whole morning coming and going from a bank, sitting waiting to be served, then waiting at least a couple of days to receive an answer and then acting with an answer in hand is one of the many vicissitudes that arise With regular bank loans.

With a credit simulator like Good Finance's, the information is for everyone in a matter of seconds.

How Good Finance works

Good Finance specializes in helping all types of people choosing loans online at their convenience and works in all circumstances. With the technological development of business and, above all, current banking, user information is digitized for business use and every interaction, operation or change is recorded forever.

The credits do not escape technological innovation, the financial system being one of the first that users expect to be digitally transformed. The web portals currently offer some bank credit simulator in which one of these loans can be quickly calculated.

All banks that offer this type of service generally have some specifications to calculate the value of the credit to be granted. Among them they can be:

  • Value of the property: It is considered to verify that the amount of the loan to be requested is allowed by the bank rules or the laws of the country.
  • Initial fee: The amount requested from users. It does not always equal 10% of the total value of the loan.
  • Credit amount: The magic number. How much do you need?
  • Deadline to pay: You choose the one that suits you best.
  • Personal PDatos: They usually ask everyone who has to do with your identity.

After all this, the banking entities, institutions or other entity that is responsible for managing the digital request, in seconds calculates the interest rate, the fees to be paid and perhaps even the total value at the time of the credit.

The Good Finance credit simulator works differently

The Good Finance credit simulator works differently

When you enter the Good Finance website you can request the credit you need on your page, by clicking on a button that will take you to a credit simulator. There you can get an idea of ​​the credit process in terms of payment and interest, always taking into account the amount of money requested and the term set by yourself to pay them.

After using the credit simulator

In a hypothetical case, you can make some decisions based on your experience with the credit simulator. Let's say the initial fee is less than you thought and you are willing to pay more money in each installment. In that particular situation, you can change one of the

Paying in less time is equivalent to a slightly higher monthly fee, and less interest in the total credit. You can see the effect of changing this variable as well. Initially ask the credit simulator for long-term calculation. You will see that the total credit value will be lower because you will not pay interest for two years.

Now, suppose the quota is higher than your expectations:

  • Modify the value of the credit to request. Request less money.
  • Extend the deadline, ask for more time

You can modify the variables as many times as you need until you find the quota that best suits your needs.

What are credit simulators for?

It is a tool that will help you project what the interests, costs, and rates of the products you want to acquire will be so that you make an informed decision.

Simulators are useful for comparison. You could tell which bank is lending at a lower rate. The important thing to be able to make a good comparison is to repeat the same information on each form.

If you don't have time, we help you get the best deals for your credit. Good Finance is the ideal tool to request your loans and acquire them in a short time.

Loan simulators are online calculators, which offer almost all financial institutions, and that helps to know what type of credit and which bank best suits our needs.

Although the simulators are very useful, you have to keep in mind that before looking for a loan or asking for it, it is necessary to know how much money is needed and how much you want to borrow, since you will know what kind of interest you can pay.

When using a simulator it is very simple since normally you only have to include two data:

  • The amount we want to request
  • The terms of return of the same (days, months, years).

With this data, the tool itself is responsible for automatically establishing the interest rate with which the operation will be taxed and even, many of them, give you the possibility that at the same time you calculate it you can hire it directly by filling in a series of forms.

All Colombian banking entities have developed their own credit simulators. Many of the banks, before carrying out the calculation, ask the user questions as if they are a customer, number of holders, amount of money to request, average income and monthly expenses.

If the user passes these filters, he will obtain some calculations in which the monthly fee, the opening commission, the interest rate and the total amount to be returned are indicated.

How to find a reliable company

money

These are the signs that will help you find a reliable credit company, such as Good Finance.

Has a good reputation on the internet

No matter what you are asking for a loan, do not give in to hurry and take your time to google the reputation of the company to which you will apply for the loan. Check the background of the company and the opinions of other users; If most are good.

Offer "moderate" sums of money or according to your ability to pay

A reliable lender takes precautions and is transparent with its clients. If you approach them for the first time, in addition to reviewing your credit history, it is expected that they offer you only the minimum, in this way they ensure that you will have the ability to pay, and they will begin a relationship with you to increase the amounts and improve the conditions of Payment in future loans.

Do not ask you to sign contracts or make agency payments before applying to the loan

A reliable company knows that you are asking for money because you don't have it, so it will obviously facilitate the conditions for you to get it fast, but it will NOT charge you before giving you the loan. Although there are management procedures, these will be quick, and they should never “condition you” to pay 'fees', 'insurance or opening commission' or any deposit before knowing whether or not you will have the credit authorized.

Check your credit history but do not ask for private details

Reliable lender companies review your credit history in a bureau or credit circle, as a procedure, but ask for your written authorization, and also verify public information. You are not asked for passwords or passwords for your bank accounts at any time.

Clearly explain the date and amount of your payments

When acquiring a loan or obtaining a loan, a reliable company will offer you free financial advice to guide you in any doubt; but also, it will explicitly show you how your payment scheme will be: how often you decided to pay and the amount that corresponds to each term, as well as the interest, generated.

Mortgage Credit Simulator

Mortgage Credit Simulator

It is likely that, when you search for credits to buy your home, you have found several pages that give you the option of using your mortgage credit simulator. If you do not know what it is and if it is reliable, here we explain its function and usefulness so you can take advantage of it.

What is a mortgage credit simulator?

A mortgage credit simulator is a tool offered by most websites of financial institutions to help you calculate the value of the monthly installments that you would have to pay for the credit you are interested in contracting. Good Finance offers you a

What is a mortgage credit simulator for?

A simulator serves you like a mortgage loan calculator. Before making the purchase of your house through a mortgage loan you should know if you will have the ability to meet the mortgage payments in such a way that you make sure that you do not jeopardize the economic security of your family.

The mortgage credit simulator is very useful for everyone because it estimates a monthly installment amount to cover after it has been assigned. This will prevent you from wasting time when requesting more information and doing paperwork at the physical headquarters of the banks that offer these credits that are often difficult to pay.

Compare is key

A mortgage credit simulator will also help you compare the credits offered by the different financial institutions so that you can value all the options and be able to choose the one that is most profitable for you and that suits your possibilities.

Credit simulators such as Good Finance are used to give you an approximation of the amount of the monthly payment that you should meet to cancel your mortgage, but that kind of information is, above all, of an orientation type. This is very important to keep in mind, because the information is not accurate, only an approximate one.

How does a mortgage credit simulator work?

How does a mortgage credit simulator work?

To use a mortgage credit simulator you must fill out a form with the information requested. The main data required are the cost of housing, the amount you want to request, the term or years in which you want to repay the loan, and the interest rate you want; if you want it to be fixed, variable, mixed, etc.

In this way, the simulator will calculate the estimated monthly payments that you should cover for certain credit and will give you all the information you need to know about the mortgage fee to make the best decision.

Take into account that in order to correctly use a mortgage credit simulator and understand the information given to you, you must first be clear about what a mortgage loan is, what it is and know the criteria that are managed. How to know if a mortgage credit simulator is reliable

Feeling distrust is natural

It is normal for the use of a mortgage simulator to cause you distrust and uncertainty. To ensure that the calculation you receive is reliable, check that the simulator is regulated by a government entity and / or has a reliable user base that will give it a good reputation.

Now that you know the function of the mortgage credit simulator, take advantage of its use, calculate your monthly installment and make sure you have the payment options to solve the mortgage you wish to apply for.

I settled my debts. How not to get in debt again?

by admin

If you are reading this text it is because you may have already tangled up with the bills and know how hard it is to get into debt. The collection calls at any time of day, the difficulty of getting credit in the square and finally such an unpleasant feeling that makes you swear to your feet together that you'll never fall for it again! But, behold, you settle your debts, and after a few months the finances are no longer there. Sounds familiar? Learn how not to get in debt again.

For those who answered yes, do not feel guilty. Instead, think that if you got into debt before, it's because something went wrong with your financial planning. So the time is to roll up your sleeves, plan yourself, and figure out what you can do to close your accounts this time. Here are 5 tips that will help you stay out of debt again.

1. Know how much you earn and how much you spend not getting in debt

debt

It's not a matter of being good or not in math. For most people, one of the biggest challenges in finance is understanding how small coffee spending turns into meaningful spending at the end of the month, or how the salary you were supposed to give for the whole month was cut short by the 15th.

To come up with an answer, there's no way: you have to record your income and expenses. If you have never done this before, our tip is to start with a monthly expense tracking spreadsheet in Excel (see our post on getting started). Another alternative is to bet on spending control apps like Organizze and Mobills. Be that as it may, the rule is clear: your revenues must always be greater than your expenses.

2. Have an emergency reserve not to get in debt

debt

Spending less than you earn is critical, but not enough to keep your bills up to date. In addition, it is also very important to have an emergency contingency reserve and not get in debt again. After all, what if someone in your house loses their job, for example?

According to experts, the amount of emergency reserve should be equivalent to your basic expenses for a period of 6 months. To add this amount, use the spend sheet, which will help you see how much is left in your account each month, as well as to identify where you can “wipe” expenses. Ideally, stipulate how much you can save each month and set aside that amount as soon as your salary falls into account.

3. Research Investment Options

Where to save the emergency reserve money? Savings, of course, are always an option. But if you want to make your money pay more, you might want to look for other forms of investment. In the case of emergency reserve, a good alternative is to invest in Selic Treasury. With income greater than savings, it can also be withdrawn at any time, is tax exempt and allows you to make monthly deposits so you don't get indebted.

When choosing an investment, consider three main factors: yield (how much you get for the investment), risk (the likelihood that the return will be less than the amount invested) and liquidity (the ease with which you can withdraw your money). Research alternatives and make separate investments for different situations!

4. Make plans for using money

debt

Have you ever stopped to think that money is not a purpose but a means? In other words, we usually don't want to make money just for the sake of it. Our goal is to put dreams into practice, live new experiences, among other good things that money brings. This is why it is so important to have definite savings plans so as not to get in debt.

After all, if I don't know what I want to do with money in the future, what is the point of not buying a new outfit or having a beer with friends at the present? So put your dreams on paper and calculate the value needed to make each one come true. Then determine how much of your salary you will allocate to them, thinking about the time it will take to reach the full amount.

Remember that goals don't have to be dramatic or long term. They can be as simple as saving for a weekend on the beach or buying a new appliance.

5. Think about how you can increase your earnings so you don't get in debt.

When talking about how not to get into debt, it is normal that the first recommendation is to save, because this way, you only work with what you already have. But what about when you've already wiped out all your expenses, sacrificed leisure time, and still can't make an emergency reservation?

In this case, the only way out is to look for ways to increase income. You can look for a placement in another company, try a promotion, participate in free courses that can add value to your resume, start selling a product, etc. Here on Pay First Credit's blog, you will find several tips on how to earn extra money.

Lastly, if you have your own business, getting a good loan can be very useful for investing in modernizing your business and thus increasing your revenue in the long run. In addition to finding an advantageous credit option, the key to success is to know very well what you want to do with the loan money and how much it can bring back. Enjoy that you are on our platform and order now a loan here not to get in debt again.

Requirements to apply for a loan

by admin

The requirements to apply for a loan vary from company to company in the case of online loans and between banks for traditional ones. However, you can make a small scheme of those that are repeated in each other so that you can take it into account when requesting it.

Here are the most common requirements in banks:

  • Certificate of citizenship or foreigners
  • Be of age
  • Resides in the country
  • Work letter or income certification
  • Declaration of income or certificate of non-declarant
  • Bank statements from the last 3 months
  • Be a bank account holder
  • apply for a credit

While the requirements to obtain an online credit are the following:

  • Be of age
  • Certificate of citizenship or foreigners
  • Bank account holder
  • Resides in the country

As you can see, the requirements to access an online credit are significantly lower than those of traditional banking. Additionally, those with a low credit history can also access these products.

On the other hand, traditional credits have in their favor that are usually for higher amounts than online credits so before requesting any of the options you must make an analysis of your current situation and how much you need.

Traditional credit or online credit

Traditional credit or online credit

We already know that the requirements to obtain a credit online are easier to obtain than those of a traditional credit. However, when deciding on one or the other there are more factors that must be considered so that you can make the best decision.

Bank loans have some particular characteristics. For example, you can pay in installments the amount is usually higher. In case you want to make a large purchase like a car, this type of credit may be more convenient for you and not one online. Another benefit is that it can be renewed at the end of the deadline to pay.

On the other hand, online loans are designed to solve specific situations such as medical emergencies or home remodeling. They are also usually flexible when it comes to setting the deadlines to pay. The main advantage of this type of credit is that it allows you to access money faster and without cumbersome procedures.

In the end, choosing between one and the other will depend on what you really need at a given time. The important thing is that you can assume the corresponding obligations and keep up with the payments.

How to choose a credit online?

How to choose a credit online?

Choosing a company to apply for a loan online can be complicated by the large number of offers that exist in the market. However, we must be careful to choose one that is legitimate and reliable. For this you have several options.

For example, the company page must have a valid security certificate and an HTTPS address so that your data is encrypted and protected.

Also, no serious company charges for the study of the application so, if they ask you for money ahead, it is most likely that it is a scam. You can also check the reputation of the company through a simple internet search. Read the reviews of other users to know if it suits you or not.

Apply for a credit online

Apply for a credit online

If you want to apply, the procedure is simple, you just have to go to the page you have chosen and fill out the form. The answer is given in less than 5 minutes and the money will be in your account in one or two days.

With a comparator you can analyze hundreds of offers at the same time so you can choose the one that best suits your needs.

Final considerations

Before hiring the credit you must rigorously analyze if you are able to pay it and request only the amount you are going to use. Most companies charge fines for non-payments and if you miss the deadline you may end up paying much more than what you requested.

Following these tips you can make the most of your credit online and resolve any unforeseen events you have in your day to day.

I’m in debt! And now, what do I do to solve my problem?

by admin

For those who think "I'm in debt" and soon feel a cold sweat, our first tip is to stay calm. Debts are synonymous with despair, but we explain that you can renegotiate them and get out of the red.

No one is immune from making some debts. However organized you may be, there may be a slip here, an overspending there and that's it: you're already in debt. If you can repay these debts very quickly, do not hesitate to do so. But otherwise it is possible that they only increase, increase, increase ... So, what to do?

No need to be desperate! A beautiful and widely used alternative is debt renegotiation. With a few tips, you can take a breath and better organize yourself to get out of debt.

Are you in debt? Get organized!

debt

Before making any decision, you need to know: How much do you owe? Separate your paper, pen, or Excel spreadsheet and start recording absolutely all your debts, however small. That way you can get an overview of what the situation is and move on to resolution.

Still in this flow of spreadsheets, take a look at your monthly budget. We teach how to make one here, take a look. So you also have a sense of how much of your income can be used - or not - in the discharge process.

Prioritize payments

debt

Setting priorities is very important not to get lost in which debts to pay off first. If you have a choice, choose those that are tied to the house or car - so you don't risk losing those staples to the bank.

Choose your strategy and clear all your doubts. When it comes to negotiating, it is worth asking everything: if cash is discounted, how much interest will be added if the amount is paid in installments, how long the situation will be settled, if you receive a letter of discharge. It is important to make everything very explicit so that there is no communication noise later.

Set aside a portion of your income for these payments, but not much. In desperation to get out of debt, we may end up making new ones and getting into a snowball. Ideally, this should amount to a maximum of 30% of net income - more than that can hurt your budget.

Avoid seeking easy credit and falling for scams

In desperation, we may end up resorting to so-called miracle alternatives, such as easy credit or products that promise to help you. Be very careful! These options may have implicit rates that will hinder you more than solve your problems. You better get organized and try to stop being in debt with larger installments than resort to immediate solutions. Be aware that some lenders renegotiate up to 80% of your debt, so no hasty decisions.

That said, also pay attention to discounts. Always pursuing the lower values ​​is excellent, but it is better to pay a higher value if the discharge time is shorter. The idea is to get rid of it as quickly as possible and without spending too much on debt.

After all the alternatives you are still unable to pay off your debts, consider getting a loan.

It is an alternative that also involves expenses, but with lower interest and more affordable rates. It's preferable to swap that bunch of interest, fees, and huge fines for smaller loan amounts.

Are you in debt? Astro Finance helps you!

debt

If you don't know what type of loan to apply for, come talk to us! Astro Finance specializes in finding the loan that best fits your needs, and the best is that it's free. A good thing to be reading, isn't it? Negotiate your debts and get out of the red: This is the first step to investing in healthy financial stability.

Personal Loan FAQ for Financing

by admin

When the economic crisis hits our pockets, we get aimless, don't we? However we see a light at the end of the tunnel when the opportunity to make a personal loan to negative. That is, having a personal line of credit even with the dirty name. But first you need to evaluate your entire financial problem before making any decisions.

Most importantly, in your financial planning, it is clear

money loan

Which bills will be paid if your personal loan is approved. Financial institutions often tend to be more careful in releasing credit to a customer who has a compromised name. However, this does not mean that your request will already be automatically denied.

But if your request is approved, please be aware that the interest rate tends to be higher compared to other rates applied to loans for people without limitations in the square. Still, many people are looking for a personal loan for negative loans, as this option becomes a great resource for those in a difficult financial situation, and is seeking urgent credit to repay their debts.

Another good reason to apply for a personal credit is to be able to get the name off PCS / SAROSA, since with the clear name the loan rates drop sharply. This is because the bank or finance company begins to see you as a good payer. Thus, your profile acquires a lower risk of default.

Many customers wonder why being negated ends up generating above average interest? Well, this is because the bank recognizes this customer with the highest degree of default risk. And to compensate for this factor he ends up asking for a higher rate to offset the risk.

The following are the most frequently asked questions about personal loan for negative to answer some questions.

What is the best way to pay me off my debts?

The best way is always to organize your spending and try as hard as possible not to default again, but if this has happened for some reason the best thing to do is to look for the institution / company where the debt was generated and try to make a negotiation to get it. pay off the debt. When the client tries to negotiate his debt with the lending company both sides come to an agreement. The name and document (in the case of individuals, CPF) are taken from credit restriction sites within 3 business days.

However, it is important that this negotiation be honored with the due payment. That is, work on your home planning and make an affordable financial negotiation. One option for this type of deal would be to opt for longer installments with smaller installments. But that you can pay over time. Having done that is much simpler and cheaper to take out a personal loan service for negatives, rates fall, making interest rates cheaper.

How Does Online Query Work?

Hit the doubt and would you like to know if your name is dirty or not? Count on Boa Vista PCS, where you can view for free through the site if you have any financial backlog. With a quick and convenient access through the online portal you can register and have a login and password, then with only your social security number you can see your profile in the market.

Knowing the status of your name is very important since applying for a loan our partners with the credit protection agencies analyzing the existence of pending issues and their payment behavior in the market. So if you have a dirty name do not try to hide this information in your registration, as all our partners can verify later.

Can I Make a Loan Even Being Negative?

money loan

Yes! But your chances of getting an approved loan will be lower and with higher rates. However, it is possible to place an order even if it is negative and direct this money to clear the name. This way, when you apply for a new personal loan, the rates are lower and most banks and financiers can accept your profile.

There are currently 2 credit categories for negative interest rate negatives:

Secured Loan: When the customer can place their home as collateral loan.

Car Loan Guaranteed Loan: This is possible if the person has a car or truck paying off, and can place one of the two as collateral.

How to Calculate How Much a Capital Loan is Needed

by admin

How to Calculate How Much Capital Loans You Need - Every type of business will certainly need a lot of funds and capital to be able to grow and develop. There are many ways to get a lot of capital, from filing loans to banks to capital loans from P2P Lending. But how much funds are actually needed? Calculating how much capital loans are needed is indeed not easy.

You might think of asking for more funds than you actually need, assuming that it will help you in the long run by having extra capital. However, more funds means having to work longer hours and more difficult in returning the money to investors. Of course, borrowing funds according to business needs will be more profitable.

However, if you are confused about calculating funding requirements, then here are some tips that can be practiced in order to find out what funding is really needed.

 

How to Calculate How Much a Capital Loan You Need

1. Determine the Purpose

When making a financial plan, make sure the business goals are set. Is it just to build a brick shop or to create new products. Set goals as detailed as possible when presenting your goals.

This will help you focus on what you really need to be purchased to achieve your goals. Think of financial plans which are then converted as a form of budget; This will provide clear guidance on what to do.

 

2. Determine the Planned Timeline

capital loan

The financial plan must be accompanied by a planned timeline. Do your best to estimate the grace period for sub-goals that you need to achieve on your way to your main goal. Think of this as a tactic that needs to be developed to achieve a long-term strategy. Planning a grace period will also make it possible to better calculate capital requirements. This will encourage you to see periods that might force you to spend extra funds.

Consider the time period when more capital will be needed to fund a new project or create a new product, then suggest accordingly.

 

3. Calculate your financial needs

financial loan

After creating goals and set deadlines, be prepared to calculate your financial needs. Include everything needed to achieve your business vision. There are three different capital categories, namely; fixed capital, working capital, and human capital.

Fixed capital consists of durable goods, usually used during the operational period. Plants, tractors and factories are examples of fixed capital. Usually, fixed capital is expensive and not liquid, but it will be very necessary to support your business operations.

Working capital consists of disposable producer goods, such as raw materials, work in progress, and fuel. Whatever is used in an act of production is considered working capital. Because of its characteristics, working capital can be more difficult to manage. So prepare well when calculating how much capital you need. 

Human capital can be easily defined as people who work for your company and their respective skills, educational background, health, and others.

Like fixed capital and working capital, spending on human capital needs to be as detailed as possible. Payroll costs, budget for more human resources, etc. - record everything and make a range of costs.

Planning how much money is needed may sound very time-consuming, but believe that this will help you have a more thorough preparation over time.

Once you get the needed capital loan, you can also re-evaluate the existing calculations so that they remain on the right track. So make as much detail as possible!

 

After you finish calculating the funds needed, then the next time to look for the loan. Koinfidence provides opportunities for your business to continue to grow with a venture capital loan from ComeBusiness.

Online business people who have a strong vision in increasing sales from time to time are entitled to get loans of up to Rp 2 billion with low interest ranging from 0.75% to 1.67% per month. Very interesting, right? Let's submit a loan to Koinfidence.

Loan Consolidation – What it is when it does not pay to compare

by admin

Loan consolidation, loan consolidation, debt consolidation, loan refinancing… names are many, but in all cases the same. Several loans are merged into one - this can reduce the monthly payment, simplify repayment and in some cases also reduce the interest rate.

 

When it pays to consider consolidating loans

Are you repaying a loan to your bank , running out of an overdraft , credit card and using a loan from a non-banking company ? During consolidation, you take one new loan to pay off all the repayments so far. In most cases, this leads to a reduction in interest rates (you pay less on interest) and a reduction in the monthly payment.

It is important to beware of any early repayment fees for any of the existing loans.

If you manage to repay all loans on time and properly, and your incentive is to "just" save, you have a relative advantage. You have time to consolidate (so you can quite calmly choose) and especially you are an interesting customer for some banks. We recommend monitoring the actions of new banks.

 

When does consolidation not pay off?

When does consolidation not pay off?

  1. In some cases, consolidation may result in a high interest rate loan. This risk is highest when you want to refinance credit card loans or non-bank lenders - high interest rate loans. In these cases, it is preferable to try to get a classic bank loan .
  2. If you are listed in  the BRKI debtors' banking registers , approval of refinancing may be a problem.
  3. In the case of high debts, it is more advantageous to use an American (non-purpose) mortgage. This is a loan secured by real estate, the advantage being a lower interest rate compared to conventional refinancing.

 

At what bank is loan consolidation the most advantageous?

At what bank is loan consolidation the most advantageous?

This cannot be simply said, the interest rate, the amount of repayments and other conditions depend on a number of factors. The most important are:

  • Loan Amount  - During consolidation, you can either ask for an amount to fully cover your debts or get extra funds.
  • Debt structure  - do you owe your credit card, overdraft or non-bank loan overdraft? The higher the RSPN for consolidated loans, the worse the conditions.
  • Record in the register of defaulters  - people with a record in the register of defaulters pose a higher risk to the bank and therefore there is a risk of either refusal of refinancing or higher interest rates.

Most Czech banks offer refinancing. The grumpy first advises to ask for a refinancing bank that you owe the most or have the longest relationship with it.

 

How to apply for loan consolidation?

How to apply for loan consolidation?

You can combine loans and loans in several ways:

1. Ask the bank directly for consolidation

Directly ask your bank to consolidate loans. You tell her who and how much you owe, and depending on how much you need to borrow. The bank will ensure payment and you repay directly. Physically, you will not get the money.

The disadvantage of this method is the laboriousness of paperwork and possible unwillingness to cooperate with creditors or a new bank.

 

2. Take a new loan and pay off the debts yourself

You ask the consolidating bank for a new loan and repay all existing debts from the money raised.

This option is much simpler and quicker, however, the bank accesses it only for very creditworthy clients. In fact, in one moment you will actually double.

 

3. Take advantage of a pre-approved loan

Some banks offer pre-approved loans in internet banking or through classical letters. These are tenders created automatically for each client, often with a better interest rate and almost always with less administrative burden.

You can help yourself to get a similar offer - banks evaluate potential borrowers according to their behavior. Just increase your bank account limits and generate high sales by forwarding money from one account to another. This creates the impression of a rich client with a low risk profile.

 

Consolidation approved, what debts need to be repaid first?

Consolidation approved, what debts need to be repaid first?

After getting the money, pay off the debts with the highest APR (annual percentage rate of charge) first. The percentages of interest and other charges vary widely, but in general, you should repay the debts in the following order:

Loans from non-banking companies you found on the Internet, at bus stops, in newspapers, and so on.

  1. Credit Cards
  2. Overdraft
  3. Non-purpose loans
  4. Special-purpose loans

This order is indeed only indicative, it is always necessary to find out the specific APR of your debts. Where possible (credit cards, overdraft), we recommend canceling the products after repayment. First, in some cases you avoid paying a regular fee, but mainly do not succumb to the urge to re-debt.