Online Credit Card Pre-Approval / Sun, 24 Nov 2019 05:45:45 +0000 en-US hourly 1 Apply for a credit card pre-approval -Request a credit card pre-approval in Minutes /apply-for-a-credit-card-pre-approval-request-a-credit-card-pre-approval-in-minutes/ /apply-for-a-credit-card-pre-approval-request-a-credit-card-pre-approval-in-minutes/#respond Sun, 24 Nov 2019 05:45:45 +0000 Request a credit card pre-approval in Minutes

If you want a credit card pre-approval, then you should know that we at suggest to you a very easy online application process.

For borrowers with stable and regular income and no credit history that can cause the lender to pay more interest on a loan, the solution is quite simple – payments must be made on time and on a regular basis until the final payment of the loan. However, if the situation is more complicated, for example, there are multiple loans or if there is a problem with the repayment of one loan as the income changes, there are several ways to finally get rid of the debt.

The first step in the case of multiple loans is to recognize all the required payments, as well as the amount of money still to be paid and the interest rate applied to each loan. One of the options for gradually getting rid of the regular monthly cash loan is to pay back all the credits in a row, starting with the lowest amount you pay. In other words, if you have to pay EUR 500 for one credit and only EUR 40 for the second, it is better to repay the entire loan with EUR 40 more quickly. In this way, the borrower will no longer have only one outstanding loan commitment and will no longer have to pay the two loans for interest.

The second option, if the borrower has several loans with different interest rates, is the arrangement of loans at interest rates. Regardless of the amount of principal to be repaid, the first to repay the loans with the highest interest rate. Loans with lower interest rates, in the long run, will not generate as much credit as loans with a much higher interest rate. However, it is not always possible to get rid of credits after such a strategy. If a person has several loans with high-interest rates, but there is no possibility to repay them in full, one of the options is credit consolidation. Consolidation allows the borrower to combine several small loans with higher interest rates in one large loan, which will also have a longer repayment term, but lower interest rates. One of the advantages of combining credits is that there is only one loan payment per month, not several; there is, therefore, no possibility of forgetting any of the compulsory payments.

Sometimes people get unexpected income, such as a bonus or inheritance. Instead of using the unexpected income to celebrate a celebration for a good employer, it is better to redirect all new funds to repay loans. It will definitely be a much better use of money, as it will bring you closer to the moment when all your credit debts are finally repaid. You will then be able to pick up a glass for both terminated payments and all the charities. More and more people are starting to use credit cards on a daily basis, not only to make travel more profitable. Credit cards, like any type of credit, also have an interest.

Banks offer different interest rates – there are deals below 10%, but there are also those where the number is much higher. If the credit card is used for a long time, you may ask the credit card issuer after a while whether it is not possible to reformat the credit card with, for example, lower interest. Of course, it is not beneficial for the bank, but if the personal creditors are good, it has also improved from the moment the credit card was processed, so that the creditor, by proving his trust to the client, can reduce the interest rate. Also, if you have multiple credit cards, you should definitely take advantage of credit card consolidation.

Sometimes the burden of credit debts has become so severe that the borrower himself can no longer deal with them and is ready to give up. In such situations, one should not forget that there are specialized people who can help. Of course, you may have to pay for this type of service, but it is worth exploring whether it is not possible to find a financial advisor who offers their services free of charge or at low pay. In any case, it is better to donate a little money to a specialist who can really provide valuable and effective advice on how to finally get rid of credit debts. The ultimate tool that really needs to be used only if it is impossible to get rid of credit payments is to declare bankruptcy. However, it should be remembered that this is really a variant only if everything else has already been tried, but the situation does not improve on the court. If the insolvency is announced, such a record will be known to the lenders for several years. Hence, there will be no opportunities for a new cash loan in the next few years, if needed.

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How often can I install my personal loan? /how-often-can-i-install-my-personal-loan/ /how-often-can-i-install-my-personal-loan/#respond Mon, 28 Oct 2019 18:40:07 +0000 Have you considered applying for a credit but wondered how often you can install a personal loan ? We bring a wealth of information here to help you decide how to pay your credit request.


Installment personal loan

Lack of financial discipline with monthly income

When you apply for credit, you most likely do not have the money to repay this debt. This is why it is important to know how the installment payment works, the amount of the installments and how often the loan can be repaid.

In installment loan you have an incidence of CET (Total Effective Cost) and depends on the approval of the financial institution. Depending on the amount you borrow, for example, it will only allow a certain number of installments. This is so as not to compromise a very high amount of your monthly income.


How many times can I pay the loan payment?

In general the number of installments depends on the amount requested and your income, among other factors. At Lendico, for example, the installment is made in 12, 18 or 24 installments. However, this may vary depending on the loan requested.


Does the number of installments influence the fees I will pay?

interest rate

Yes, there is this direct influence. For this reason even, when comparing credit offers between different institutions it is important that you consider the same amount and repayment time.


How much interest rate paid on each installment?

You may have different offers regarding interest rates and CET according to the number of installments chosen. For this reason, you should be aware when you receive the proposal on the rates submitted.

And also note that there is difference between interest rate and CET. The second includes all charges and expenses of the operation. If you want to make a real comparison between lending options, always consider CET.


If I install the loan, can I advance the payment?

loan payment

Yes, it is possible to prepay the loan installments. This action is known in the banking industry is known as early settlement. To find out how much to pay when making this advance, you need to contact the financial institution with which you borrowed.

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Steps Before Applying For Real Estate Financing /steps-before-applying-for-real-estate-financing/ /steps-before-applying-for-real-estate-financing/#respond Mon, 16 Sep 2019 23:40:30 +0000

I always get questions on various topics, but the record-breaking question is “How do I apply for a mortgage?”

And today I decided to talk a little about the subject.

Unsurprisingly, most Brazilians want their own dreamed home , but many people are frustrated that they don’t know what to do before going to the bank and talking to their manager. I am absolutely sure that if people prepared, it would be easier and faster to buy your property .

With pencil and paper in hand write down these steps and with a little planning soon your dream will come true:

Dream is different from illusion, so stop living on illusion!

Dream is different from illusion, so stop living on illusion!

Even if it sounds a little tough, I have to say that a lot of people are fooled by the idea that financing is easy or even that the bank approves all requests. It is important to know that there are some impediments.
Main impediments: Credit restriction (“dirty name”), other financing, no proof of income, no bank account, government debt.

    1. Search for information

You will only know if you can make a loan if you know what the bank’s requirements are at least. So research a lot! Almost all banks now have online chat, meaning you can ask questions without leaving your home. In addition, on search engines you can find material on the subject commented by subject matter experts.
In our comparator you can get an idea of ​​the value of the installments and the interest rate. This may be the first step in your research process.

    1. Take a look at your financial life

One of the greatest financial dangers is to look only at the present or only for the future. If you look only at the present, you will no longer consider other priorities that may arise, for example children. And if you only look to the future you can compromise the financial peace of the moment. So do some financial planning considering what you have now projecting the impact of debt on funding periods.

Find the house or at least have options

Find the house or at least have options

If with the information you researched in the previous step the scenario remains positive to apply for financing then start choosing the house or apartment .

I am not saying that you already have to negotiate with the seller, this step is about having a list of real estate options and if possible visiting them.
I advise you to search the property, analyze if in another neighborhood the prices are better, visit the houses that are possible and try to go without a broker, so you will have more possibilities for future trading.

Get to work!

Get to work!

If you have reached this step, you are almost ready to face a financing commitment. So now the most important step is to apply for the credit . For this you can first compare with Good Finance and already know which bank has lower interest rate. With this information contact the bank for more detailed information. And request credit analysis.

Government-linked banks offer higher interest rate benefits, but the requirements are often tighter.

If you have questions or have suggestions for topics leave a comment, we work to do the best for you!

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Liquidating your credit card debt | How to consolidate your credit card debts /liquidating-your-credit-card-debt-how-to-consolidate-your-credit-card-debts/ /liquidating-your-credit-card-debt-how-to-consolidate-your-credit-card-debts/#respond Thu, 12 Sep 2019 10:10:53 +0000

If you have reached the limit of spending with your credit cards and your debts are sinking more and more, it is quite likely that you feel overwhelmed. How will you end up paying your debt someday? Now imagine that you learn that there is a company that promises to reduce – or even erase – your debt by paying a few cents for every dollar you owe. Is it true that it seems to be the answer to your problems?

The Federal Trade Commission (FTC), the national consumer protection agency, tells you not to rush and consider what you can do to get rid of your balance in red without having to spend a lot of bills green.

Debt settlement companies


There are different types of services that are promoted saying that they can help people with debt problems. Among them are the services offered by the debt settlement companies, which they say will negotiate with their creditors to reduce the amount you owe them. Some debt settlement or settlement companies say they can make the necessary arrangements to pay off your debt for a much smaller amount – between 30 and 70 percent of the balance you owe. For example, if you have a credit card debt of $ 10,000, a debt settlement company can tell you that you are in a position to negotiate with your creditor so that you pay it off by paying less, say, $ 4,000.

But there is no guarantee that debt settlement companies can persuade a credit card company to accept a partial payment of a legitimate debt. And even if they could do it, you must separate money every month for your creditors. Meanwhile, months – or even years – may pass before the debt settlement company negotiates with your credit card company to settle your debts. And if during that period you stop making your payments, usually every month the company issuing your credit card will add charges for non-payment of payment on the date and the corresponding interest. This can double or triple the amount of your original debt.

How to investigate the reputation of companies


If you decide to pay a company to negotiate the resolution of your debt, investigate a little before choosing a particular one. Consider other people’s experiences with debt settlement companies. One way to find out is to enter the name of the company along with the word “complaints” or “complaints” in an online search engine. Read other people’s comments about that company. You are making an important decision that involves spending an amount of money that could be used to repay your debt.

Charges applicable to debt settlement services

Charges applicable to debt settlement services

Companies that sell telephone resolution services or debt settlement and other relief services for indebted persons can not charge or charge a fee before liquidating or reducing the debt.

If you hire the services of a debt settlement company, you may be required to deposit money in a bank account for the charges and possible agreements of the company. This bank account that is exclusively intended for the payment of your debts will be managed by an independent third party that is called an account administrator. The account manager can charge you a reasonable fee for your services and is responsible for transferring the funds from your account to pay your creditors and the debt settlement company when it reaches an agreement with your creditors to settle your debt – always and when the following conditions are met:

  • The account is held in an insured financial institution.
  • You exercise the possession and control of the funds (and any accrued interest), and you can withdraw the funds at any time.
  • The debt settlement company does not exercise the possession or control of the funds nor is it associated with the account administrator.
  • The debt settlement company does not share the charges charged with the account administrator.
  • You can interrupt your relationship with the debt settlement company at any time without paying any fine. If you decide to terminate the relationship with the company, you must return the money by depositing it in the account within seven subsequent business days – the company can deduct the charges accrued legitimately.

Mandatory Information


Before you enroll in the program, the debt settlement company must provide you with the following information:

  • Charges and conditions. Before you sign up for the service, the company must explain your charges or fees. If the company charges a specific dollar amount, you must inform it of the amount. The company can only charge a part of the total charge applied for each of the debts it solves. Let’s say that you owe money to five creditors. The company manages to negotiate an agreement with one of its creditors. At that time, the company can only charge you a portion of your total charges since you still have to negotiate with the remaining four creditors and reach a satisfactory agreement. Each time the debt settlement company reaches an agreement with one of its creditors to settle its debt, the company can charge another part of the total charge. If the company charges fees that are based on a percentage of the amount you save through the negotiation, you must report the percentage it charges and the approximate dollar amount that percentage represents. Charges of this type are generally called “eventual” or “contingent”. The company must also inform you of any conditions applicable to its services. For example, if the company has a refund policy, you must communicate the terms and conditions to get the refund. If the company does not have a refund policy, you must inform it before you sign up. The company must also inform you of any conditions applicable to its services. For example, if the company has a refund policy, you must communicate the terms and conditions to get the refund. If the company does not have a refund policy, you must inform it before you sign up. The company must also inform you of any conditions applicable to its services. For example, if the company has a refund policy, you must communicate the terms and conditions to get the refund. If the company does not have a refund policy, you must inform it before you sign up.
  • Results The company must inform you how many months or years will pass until you make a payment proposal to each of your creditors.
  • Proposals The company must inform you how much money or what percentage of each outstanding debt you should save before you make a payment proposal to each of your creditors.
  • Cessation of payment. If the company asks you to stop paying your creditors – or if the program is based on your not paying your debts – the company must inform you of the possible negative consequences of not paying, which includes:
    • The damage caused to your credit report and your credit rating.
    • That your creditors can sue you or go ahead with the collection process.
    • That companies that issue your credit cards may charge you additional charges and interest, which will further increase the amount owed.

Tax consequences

Tax consequences

Depending on your financial situation, the money saved using the services of the debt settlement companies can be considered as a taxable income. Credit card companies and other creditors can report debt settlement agreements to the IRS, and the tax collection agency can consider the amount you have been saved from paying an income, unless it is determined that you are “insolvent”. It is considered that a person is insolvent when the total amount of his debts is higher than the market value of all his assets. Determining a person’s insolvency can be a complicated process. If you are not sure of meeting the requirements to benefit from this exception, talk to a tax professional.

Red flags


Avoid dealing with any company that promises to settle your debts and act in one of the following ways:

  • I charged you before agreeing to settle your debts.
  • Offer to participate in a “new government program” to get rid of personal debts incurred by credit card.
  • I assure you that you can eliminate your unsecured debt.
  • Tell him to stop communicating with his creditors.
  • Tell you that you can stop all debt collection calls and prevent lawsuits.
  • I assure you that you can cancel your unsecured debts by paying a few cents for every dollar you owe.

Other options


Trying to settle your debts by hiring the services of a debt settlement company is just one of several options available to solve your debt problem. You could also negotiate directly with the issuer of your credit card, consult a credit counselor or consider filing for bankruptcy.

  • Contact your credit card company – even if they have previously refused to help you with your problem. Instead of paying a company to speak on your behalf with your creditor, keep in mind that you can do it yourself without having to pay anything. You can find the phone number on your card or in the account summary. Insist and keep a good record of your debts to be able to explain your situation when you manage to contact the credit card company. Your goal is to try to reach an agreement with the company to establish a modified payment plan that decreases the amount of your payments to a manageable level.

    If you do not pay your debt for 180 days, your creditor will cancel your debt by recording it as a loss; Your credit rating will suffer a big impact and you will continue to be indebted. Often, creditors are willing to negotiate with you even after you cancel your debt by recording it as a loss.

  • Establish contact with a credit counselor or advisor. The reputable credit counseling organizations offer advice on managing money, bills and debts, and helping people develop a budget, and usually offer free information and workshops on these topics. The advisors or advisors should analyze with you their overall financial situation and help you develop a personalized plan to get out of debt.

    There is a new law that establishes that credit card issuers must include in their account summaries a toll-free telephone number so that credit card holders can consult information on how to find non-profit credit counseling organizations.

    Most credit counselors offer services through local offices, on the Internet, or by telephone. Find an organization that offers advice through personal face-to-face interviews. There are several universities, military bases, credit cooperatives, housing authorities and affiliates of the US Cooperative Extension Service that operate non-profit credit counseling programs. The federal government guarantees a list of organizations with official approval that are classified by state and that is available at, the website of the US Receivership. (US Trustee Program). This is an organization dependent on the US Department of Justice that oversees bankruptcy cases and trustees.

  • Occasionally, a credit counselor can tell you that you have to consider filing for bankruptcy. Filing bankruptcy or bankruptcy has serious consequences, including the reduction of your credit score, but credit counselors and other experts say that in some cases it is the most logical alternative. When you finish making all the payments established in the plan, the discharge of your debts is determined. As part of the Chapter 13 process,People filing a Chapter 13 bankruptcy filing and receiving a fixed income are allowed to keep ownership of their assets, such as a mortgaged house or a car they would lose in a bankruptcy proceeding filed under Chapter 7. In a bankruptcy case under Chapter 13, the court approves a repayment plan that allows you to pay your debts for a period of three to five years, without having to give up your property right.
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Finally: consumer loans /finally-consumer-loans/ /finally-consumer-loans/#respond Tue, 03 Sep 2019 00:13:23 +0000

Everybody who wants to borrow has been waiting for this for a long time – The central bank wants to further stimulate price competition between financial institutions, so in the future it will introduce a rating to filter out the best loans.

According to the National Bank of Hungary, there is not enough price competition between loans. It is known that consumers, in this case borrowers, always benefit from price competition, because the more competition, the better they can obtain credit.

The rating created to boost competition is called “consumer friendly home loan rating”

money cash

What does the National Bank of Hungary expect from the introduction? In particular, it expects the spreads of interest rates to decrease and the transparency of loans to increase. The designation, “plecsnit”, if you like, can only be carried by constructions that meet all conditions. The aim of the central bank is to facilitate the spread of housing loans that are transparent, comparable, affordable and subject to a uniform set of conditions .

The qualifying measure is needed because, according to the National Bank of Hungary, price competition in the home mortgage market is currently unsatisfactory , as evidenced by the low number of loan redemptions interest rates are high in Hungary.

So the trick is slowly but surely losing ground

money loan

A consumer-friendly credit product is expected to be accessible to a wide range of customers, such as borrowers receiving a Family Home Creation Discount (CSOK). Other conditions include easy-to-understand criteria, comparability, simple administration (!) , And the lack of hidden costs and tying . What is Tying? Unfortunately, nowadays, it is not uncommon for a seemingly favorable home loan to be accompanied by extremely expensive insurance policies that are mandatory throughout the term of the loan and virtually neutralize the favorable rating of a start-up / seeming loan. This is now over, as obviously all sane customers will move toward consumer-friendly loans.

The consumer-friendly scheme must make future payment obligations more predictable. This means that the success of a staggering offer like “$ 20,000 in the first month and $ 95,000 in the second month” is over. Another important condition is to be able to flexibly adapt to the changing circumstances of clients’ lives and to encourage consumers to take advantage of credit swaps , so that fewer people are barred. The central bank is also in consultation with representatives of the banking market to finalize the details.

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Honest Bank has been selected by Good Finance /honest-bank-has-been-selected-by-good-finance/ /honest-bank-has-been-selected-by-good-finance/#respond Sun, 01 Sep 2019 23:55:56 +0000 The Honest Bank investment fund selected a new group of entrepreneurs for its Latin America program. Honest Bank is one of them.

How does it feel to be chosen by Good Finance for your new batch in Mexico? An emotion like few . Better than finishing the race and receiving the title. Better than beating the invincible teacher. Better than doing the first business. Better. It is evidence that we have opted for an idea and a group of experts bet on it.

Opening a startup means facing the unknown. You discover a problem that society is not addressing properly. You create a way to solve it through digital technology . You start dreaming of bringing your solutions to many people. Sounds great. But the point is that, in most cases, you open a business that does not have much experience in the world.

Many people with mortgage transfers


There are not many examples of advisors who want to lower the accounts of many people with mortgage transfers (purchase of credit by another bank) and debt consolidation. It is necessary to experiment and learn, hopefully from the hand of good teachers.

What is Honest Bank?


That is why there are investment funds such as Honest Bank supporting enterprises. Honest Bank was selected for the ninth batch and will participate in its seed program from October of this year.

We will be in a “batch” of Latin American entrepreneurs who will receive the support of mentors and investors to continue the rapid growth of their companies. In total, the seed program will host eleven entrepreneurs from different countries in Mexico City: two from Peru, three from Colombia, five from Mexico and one from Chile.

Honest Bank is a capital investment fund that was born in Silicon Valley. The Latin American office is in Mexico City and has already completed nine calls for the seed program. He has made investments in about 130 new ventures from Argentina, Chile, Peru, Colombia, Mexico and Spain for more than eight million dollars.

Achievements? These companies reach sales above $ 200 million.

Achievements? These companies reach sales above $ 200 million.

The program for which Honest Bank was chosen consists of 16 weeks of intense training and strategic contacts with expert people who will help us apply the right tools to grow vertiginously in the region. The idea is to overcome the initial stage and develop our full potential of great company.

Honest Bank will have the possibility of putting together expansion plans with Honest Bank team members, a network of more than 250 national and international mentors and the global fund.

We will be part of the ecosystem of new companies that grow exponentially!

We will be happy to share our experience!

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Let Me Not be Disappointed, Recognize First Collateral Credit /let-me-not-be-disappointed-recognize-first-collateral-credit/ /let-me-not-be-disappointed-recognize-first-collateral-credit/#respond Sun, 14 Jul 2019 23:50:57 +0000

Unsecured Credit Products (KTA) are consumptive debt products whose collateral is in the form of a person’s monthly salary. Actually KTA has collateral. Well Jolezz Marget will discuss about collateral-free loans (KTA) which actually have collateral.Let Ga Nyesel, Know First Collateral Credit (KTA) - Independent Financial Planner Jules Maigret

Collateral consists of two types, namely principal collateral ( first way out ) and secondary collateral ( second way out ). In productive loans such as Working Capital Loans, principal collateral comes from current assets, such as inventories, cash, accounts receivable and others. Secondary collateral ( second way out ) in productive debt is fixed assets ( fixed assets ) such as machinery, equipment, motorized vehicles, land, buildings and others.


What about unsecured loans?

What about unsecured loans?

Basically Collateral Credit (KTA) has collateral, namely salary or income from prospective credit recipients (debtors). Every company that provides unsecured credit services (KTA) always requires proof of salary or income from prospective debt recipients. Unsecured loans only recognize basic collateral ( first way out ) without secondary collateral ( second way out ).

What are the consequences of Personal Loan? Of course, because the bank receives a greater potential risk, then the cost or interest of Unsecured Loans (KTA) tends to be higher than other loans. Following this, Jolezz Marget will present general requirements if you want to apply for Personal Loan (KTA)


General Conditions for Proposing Unsecured Loans (KTA)

General Conditions for Proposing Unsecured Loans (KTA)

General conditions for Personal Loan (KTA) according to bank Mandiri:

As Jolezz Marget explained above, Personal Loan (KTA) always requires a paycheck for employees and a copy of a savings account for entrepreneurs.

There are also many loans without Aguanan (KTA) offered on the internet. Many websites provide services to help propose unsecured loans. Independent financial planner Jolezz Marget found a website (the result of a search on that offers Personal Loan (KTA) services:


Credit Specifications

Credit Specifications

Loan interest or Personal Loan (KTA) is 1.29% per month or 15.48% per year (rough calculation). There are several banks that charge interest up to 3% per month.


Credit Terms

Credit Terms

Unsecured Credit (KTA) is one type of consumer debt. Basically Unsecured Credit (KTA) has collateral in the form of salary or income from prospective recipients of debt.

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