r43dsmania.com http://www.r43dsmania.com/ Sat, 15 Aug 2020 09:52:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.5 Loans during pandemic crisis http://www.r43dsmania.com/loans-during-pandemic-crisis/ Sat, 02 May 2020 12:20:45 +0000 http://www.r43dsmania.com/loans-during-pandemic-crisis/ Continue Reading "Loans during pandemic crisis"

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As a consequence of the great crisis, both health and economic, caused by the coronavirus, many citizens are forced to apply for an online personal loan or consumer credit in order to alleviate this great blow they are suffering.

It will also be the businessmen who will need to resort to extra financing in order to keep their facilities, machinery or merchandise in good condition and to be able to resume their normal activities as quickly as possible.

But what coronavirus loan options are currently available?

Loans for individuals during the coronavirus

Loans for individuals during the coronavirus

As such, there are not too many loans to alleviate the effects of the coronavirus. The Government has indeed proposed to act as a guarantee on loans to face the rent payments for certain people with especially difficult circumstances. But beyond this, any other person will have to resort to the usual personal loans.

Loans for individuals are the most requested for this purpose, and continue to be so after the coronavirus crisis. In fact, many users ask us about the possibility of borrowing to buy food for quarantine, but also financing for the company in the face of the covid-19 crisis. More and more families, self-employed people and companies see the need to apply for consumer loans to alleviate daily needs.

This crisis has led to only the trades with essential activity being maintained, the rest, if it cannot be carried out in the form of telework, will have to pause its activity. This causes many families that currently do not receive enough income to continue making their payments, such as rent, electricity and water bills or other types of monthly expenses they have.

Consumer loans will be small loans, similar to fast microcredits, but with higher interest rates than mortgages. The minimum amount is usually $ 500 and the maximum will depend on the entity and the financial profile of the applicant and they usually include commissions for opening, cancellation or early amortization, but they can be up to $ 60,000 in some entities.

They are characterized by being an exchange of goods and services, so a real estate guarantee will not be necessary, in these loans the guarantee will be a personal object.

Requirements for applying for fast coronavirus loans

Requirements for applying for fast coronavirus loans

The minimum requirements for a loan to overcome the coronavirus are these 3:

  • Have demonstrable income
  • Not be on any delinquency list
  • Have an official and valid identification document

Due to the coronavirus crisis, some measures are applied so that families can make the payment of loan installments. Citizens may delay the payment of fees, if the income of the family unit does not exceed $ 1,645.80, or if it is shown that there is a joint debt with several creditors that is 35% of the income of the family unit.

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When microcredit becomes a lever of loyalty and growth for e-commerce http://www.r43dsmania.com/when-microcredit-becomes-a-lever-of-loyalty-and-growth-for-e-commerce/ Sun, 29 Mar 2020 16:46:28 +0000 http://www.r43dsmania.com/when-microcredit-becomes-a-lever-of-loyalty-and-growth-for-e-commerce/ Continue Reading "When microcredit becomes a lever of loyalty and growth for e-commerce"

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In the race for diversification, e-merchants are hitting the bull’s-eye to build customer loyalty and find new sources of profit. Indeed, faced with a juggernaut like Amazon which is firing all odds with its VOD service Amazon Prime Video, its Dash Button or its Pantry service which shakes up local trade see large distribution, competition must find new tracks to resist.

“Thumbs Up!” is coming slowly but surely.

credit cards

It is perhaps for this reason that the Cdiscount brand is launching “Thumbs Up!” the microcredit service. For the moment, the start takes place in the greatest discretion, the communication being made only by email to customers who have paid for their purchases in 4X and who have not had a payment incident.

This method of financing, little known in France, initially allowed people often excluded from conventional credit, to borrow a small sum to carry out an important project with a repayment adapted to their situation.

Any resemblance to a credit would be fortuitous …

As Mr Steven of the Company said: “it is not because you have no money that we will not take it anyway”. Cdiscount and its financial partner Cream Lending Bank seem to want to take up the concept of microcredit, but without the “social” side. For this, they offer its selected customers (with an appetite for split payment), a credit of $ 200 to $ 1,500 repayable in 4X. Why only in 4X you will say to me, and well for a regulatory reason because with 3 monthly payments maximum, the regulation on the consumer credit, known under the name of law Scrivener 1, does not apply.

So for the e-merchant, this greatly simplifies the processing of the file: a RIB, an identity document and that’s it. No questionnaire on the resources and expenses of the borrower candidate, no calculation of the debt ratio or the remainder of the living, just a query of the Personal Credit Repayment Incident File (FICP) just in case.

Credit is as easy as a click of the mouse.

What about the consumer? As the “Thumbs Up!” website claims, simplicity prevails and brings microcredit into the era of impulse buying. This also surfs on these workarounds in the banking sector, perceived as restrictive and fussy, as the Nickel account subscribed at the tobacconist. Simplicity is the alpha and omega of modern consumption: “one click and it’s automatic”. However, simplicity comes at a cost with an interest rate close to 18%.

Microcredit not really discount.

money loans

An interest rate which can be problematic, even if the financing is on a very short term, for a fragile public, and perhaps at the gates of over-indebtedness. One thing is certain, for the merchant site the operation is very profitable because in addition to a loan with a rate close to the rate of wear (set by the Best Bank at 20.27% for Q2 2017), c is also the opportunity to finance purchases made on another commercial site.

This fervent clientele adept at promotions, easy purchases and split payments is likely to succumb to this siren song. Let us hope that this diversification and loyalty-building operation will be accompanied by great vigilance on the part of the distributor and its financial partner to avoid any deviations with disastrous consequences.

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Cash credit – a short term solution http://www.r43dsmania.com/cash-credit-a-short-term-solution/ Fri, 21 Feb 2020 12:11:54 +0000 http://www.r43dsmania.com/cash-credit-a-short-term-solution/ Continue Reading "Cash credit – a short term solution"

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There are many situations in life in which a loan helps. A loan can be used, for example, for a repair or a household purchase. A move or a trip can also be financed with a loan from a bank or a financial service provider. A cash loan, which can be obtained particularly cheaply with good credit conditions, helps particularly quickly.

The cash loan is offered to solvent loan seekers by the house bank as a credit facility

The cash loan is offered to solvent loan seekers by the house bank as a credit facility

In a financial emergency, many people go to their house bank first. There are often very good business relationships with the house bank over many years. In addition, these banks usually keep all the accounts of their bank customers and are responsible for the execution of all financial transactions. To apply for a cash advance, the bank customer must make an appointment with his clerk. The current financial situation can be discussed on this date. A short-term solution is a cash advance in the form of an overdraft facility.

The overdraft facility is a credit facility that is granted to a bank customer by his bank. With this credit, the checking account can be overdrawn by a contractually agreed amount of money. The amount that can be overdrawn depends on the monthly income of the account holder. Usually, one, two or even three monthly salaries are agreed as a credit line. The bank customer does not have to pay monthly loan installments for this loan. However, high interest rates are due, which are usually calculated on a quarterly basis. For many banks and savings banks, the effective annual interest rate for a credit line is between 10 and 12 percent.

Of course, it is also possible to apply for an installment loan. Whether and in what amount this loan form can be approved depends on the Credit Bureau information. With a positive Credit Bureau and sufficient creditworthiness, a loan is easily possible. Since the house bank has stored all the necessary documents on their computer, the borrower usually only needs a valid identification document. After approval, the cash credit is paid into the current account of the bank customer and can be used for the specified projects.

Cash advances are available from direct banks on the Internet

Cash advances are available from direct banks on the Internet

If you want to use a cheap online offer, you can contact banks or financial service providers on the Internet. Cash advances are available from direct banks and banks that offer their financial services online. Credit Bureau information is usually always obtained for online loans. With a positive Credit Bureau, loan seekers can take advantage of the loan offers of direct banks on the Internet. Since these banks do not maintain a branch network, the loans from these banks are only offered online. Advice on the loans offered is also not possible. In direct banks, personal contact is limited to the telephone or letters and emails.

A cheap loan from a direct bank is easiest to find on a consumer credit portal. These online portals are equipped with easy-to-use loan calculators that simplify and narrow down a search. For the search, the loan amount, the loan term and the purpose are entered. The loan seeker is shown an extensive list of banks that are eligible for a loan. Anyone who has opted for a bank loan will be immediately redirected to the website of the direct bank. The loan is paid out in cash to the checking account.

In the case of credit brokerage, cash loans are also offered without Credit Bureau

In the case of credit brokerage, cash loans are also offered without Credit Bureau

By working with many different banks in Germany and abroad, credit agencies can offer different loan and loan models. Cash credit also belongs to these credit models. This loan is also available as a Credit Bureau-free loan from credit agencies. No Credit Bureau information is obtained when applying for a Credit Bureau-free loan. Even after approval of the loan, no notification is made to Credit Bureau. Since the summer of 2016, Credit Bureau-free loans have been offered at many loan agencies up to a total of $ 7,500.

The application for a cash loan is made online at a credit agency. It does not matter whether the loan is applied for with or without Credit Bureau. The applicant must truthfully complete the online application and then print it out. If you do not have a printer available, you have to wait until the loan agency sends the application by post. The signed loan application, including the required credit documents, is sent back to the financial service provider. These documents include, for example, pay slips or bank statements. If the loan is approved, the current account is paid out. Some credit agencies also pay the cash advance by post.

The payment of the cash loan depends on the bank or the financial service provider

The payment of the cash loan depends on the bank or the financial service provider

Cash loans are offered by many banks and financial service providers. It is available from the house bank in the form of an expensive overdraft facility. The credit is available immediately after approval. With a cash loan from credit intermediaries or direct banks, the payment can take several days. Some credit agencies also postpay loans. A credit comparison is advisable for cash loans.

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Online credit without Credit bureau reputable. http://www.r43dsmania.com/online-credit-without-credit-bureau-reputable/ Sat, 15 Feb 2020 11:53:23 +0000 http://www.r43dsmania.com/online-credit-without-credit-bureau-reputable/ Continue Reading "Online credit without Credit bureau reputable."

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More and more direct Credit bureau and credit intermediaries have discovered the need for online loans without Credit bureau as a gap in the market. But it is not always easy for the consumer to distinguish which online loan is reliable without Credit bureau. With these loans in particular, in addition to the reputable providers, there are also many dubious credit intermediaries.

Important clues that apply to dubious providers

Important clues that apply to dubious providers

For example, many people who have lost their creditworthiness due to youthful sin or sudden unemployment with a negative Credit bureau entry are looking for other ways to get a loan. This is not only known to reputable providers.

However, it is easy to see from some features whether an online loan without Credit bureau is serious. If fees are requested in advance when a loan is requested, it can be assumed that these offers are purely credit rip-offs. In addition, an immediate loan approval is promised after payment of the alleged processing fee. Caution should also be exercised when advertising with unlimited loan amounts or very low interest rates.

When is an online loan without Credit bureau reliable?

When is an online loan without Credit bureau reliable?

Certain requirements must also be met for a loan without Credit bureau. Reputable providers usually only offer such loans up to an amount of $ 3,500. If the credit request is higher, more collateral is also required. For example, this can be a certain minimum income.

If the credit check is not carried out by Credit bureau – a current certificate of income and possibly the last account statement must be submitted. Often, job seekers only get a loan without Credit bureau if they can show a liquid guarantor. You can also tell whether a loan without a Credit bureau is serious by processing a loan request free of charge and without obligation.

Loans from foreign Credit bureau

Loans from foreign Credit bureau

A loan without Credit bureau is often referred to as a Lite lender because it is mostly a Best Credit bureau that issues loans without a Credit bureau request. However, if an online loan without Credit bureau is serious, the applicant must always count on a precise examination of his financial and personal life situation.

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Best bank loans – How to get a loan http://www.r43dsmania.com/best-bank-loans-how-to-get-a-loan/ Mon, 03 Feb 2020 11:45:02 +0000 http://www.r43dsmania.com/best-bank-loans-how-to-get-a-loan/ Continue Reading "Best bank loans – How to get a loan"

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With the large number of loan offers, the trees are no longer visible due to the forest. A little experienced can easily lose the overview when searching and can quickly accept an offer. To avoid this, there is a wide variety of Internet portals to find the best loans from the banks. The user can find all offers in a clear form at a glance. But what should be considered?

Maturities, interest, fees, special repayments etc.

Maturities, interest, fees, special repayments etc.

Interest alone is not enough. The other conditions also play a significant role. Flexible terms are also important. What use is it if the banks offer low interest rates but are skimpy with the terms? Payment of the monthly installments should already be affordable. Fortunately, most banks offer variable terms that customers can even choose themselves. If you compare the best loans with the banks, you will also find offers from banks for which no processing fees are due. But be careful, these offers are often only valid for a certain period of time. Another topic is the special repayment right.

Every borrower has that, but some banks can pay for it properly. However, there are exceptions here and some of these financial service providers do without them entirely.

Is residual debt insurance worthwhile?

Is residual debt insurance worthwhile?

Some banks protect themselves with residual debt insurance. This covers the loss that can result from death, unemployment or incapacity to work. Such insurance is only necessary under certain conditions, as it makes the loan considerably more expensive. If a property is to be financed, it is essential. For smaller amounts of money that are manageable, you can safely refrain from completing one. However, some banks make a loan commitment conditional on taking out residual debt insurance. Here it is important to sift through further offers in order to actually find the best loans from the banks. But what do you have the internet for?

Applying for a loan nowadays is very simple and quick. You just need to apply it online and the money will transfer to your account immediately.

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Cash credit immediately to the account http://www.r43dsmania.com/cash-credit-immediately-to-the-account/ Mon, 13 Jan 2020 11:41:11 +0000 http://www.r43dsmania.com/cash-credit-immediately-to-the-account/ Continue Reading "Cash credit immediately to the account"

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Again and again we get unusual requests. Interested users can find out whether you could also get a cash loan into their account immediately. The banks you asked about mostly reacted with lack of understanding, these people report. If you have also struggled with this problem, you can be assured of two things: First, your request is not as unusual as it may seem at first glance. On the other hand, there are of course solutions on how this can be achieved.

Cash credit immediately into the account: That is why banks react with lack of understanding

Cash credit immediately into the account: That is why banks react with lack of understanding

But let’s first shed some light on why banks react with a lack of understanding to the question of whether the cash loan could be transferred to the account immediately. The mistake is mostly on the part of the lender as well as that of the potential borrower.

First of all about the bank’s mistake: the cash loan is actually a construct that was specially developed in the event that someone does not want to have money transferred to their account immediately, but needs it in cash. Finally, there is the instant or lightning credit as a corresponding alternative. What banks employees, who are very caught up in the logic of their offers, hide from the fact that it is not your account that you would like to deposit the money into – but that of a friend or, for example, a creditor. Alternatively, many banks are not even concerned with the question that you might simply be afraid that with other types of loan it could take too long for the money to be credited.

Potential borrowers’ mistake is usually due to the fact that they simply don’t describe what they want well enough. The compulsion to take out a cash loan is considered shameful by many people. In many cases, this unfortunately means that requests are formulated very vaguely.

Cash credit immediately into the account: there are these possibilities

Cash credit immediately into the account: there are these possibilities

The easiest way to transfer a cash credit directly to any bank account is to make a direct deposit. Ideally, you go to a branch and deposit the funds. The money is booked immediately. Alternatively, you can also use the ATMs with deposit function. The effect remains the same: the money is directly in the account.

It gets more complicated if it is not a branch bank, but a direct bank with which the account is located. However, such financial institutions also cooperate with other financial institutions that have ATMs. This way of depositing should therefore remain possible.

Cash immediately into the account: from one bank to another

Cash immediately into the account: from one bank to another

However, it becomes much more complicated if you change banks and the cash loan is to be paid into an account with another financial institution. At branch banks, in extreme cases you can simply carry the money personally from one place to another or use the option via an ATM again.

It is different if the money is to go to an account abroad. Then either use the bank transfer function from which you take the loan. To do this, however, you need a current account with that. The step will also cost fees. Or consider whether it makes sense that you take the cash loan directly from the foreign money house.

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Best loan for debt restructuring http://www.r43dsmania.com/best-loan-for-debt-restructuring/ Fri, 27 Dec 2019 12:31:03 +0000 http://www.r43dsmania.com/best-loan-for-debt-restructuring/ Continue Reading "Best loan for debt restructuring"

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Many people who want to reschedule an old installment loan or combine several loans into a single loan ask themselves which loan could be their best loan for a debt rescheduling. It is not an easy question to answer. For this reason, it would be urgent to carry out a settlement before the planned debt restructuring.

Looking for the best loan for a debt restructuring

Looking for the best loan for a debt restructuring

A debt rescheduling is only worthwhile if the interest level for the new loan is significantly lower than the interest level that was still valid for the old loan. In addition, care should be taken to ensure that any premature loan repayment does not result in any fees that would nullify the interest savings.

In principle, not only an installment or consumer loan, but also an overdraft facility can be rescheduled. In practice, this variant is even very often practiced.

This would be particularly worthwhile if the account has been in the red for a long time and there is no realistic prospect of bringing the negative balance back to zero. In addition, the interest on an installment loan is significantly lower than that on an overdraft facility.

Application and approval

Application and approval

Debt restructuring can only be carried out if the customer has a certain minimum level of creditworthiness. To do this, the Credit Bureau information would have to be in order and the income high enough. If neither of these two conditions is met, it will usually be very difficult, if not impossible, to find a suitable loan for debt restructuring. When rescheduling a debt, it should also be borne in mind that the new loan replaces one or more old loans and is not taken up in addition.

In the latter case, the requirements for personal creditworthiness would be significantly higher than for debt restructuring. If all the requirements are met, the loan is paid out very quickly. It is expressly earmarked and may only be used for debt restructuring.

Best loan for debt restructuring – repayment

Best loan for debt restructuring - repayment

Every loan must be repaid properly and on time. Further details are regulated in the loan agreement. In the case of an installment loan, this means in concrete terms that a fixed monthly repayment installment is payable throughout the term. Each bank offers different options regarding the amount of the installment and the term.

Those who prefer low rates should choose a longer term. On the other hand, he should be aware that a long term is always associated with high interest rates. Anyone interested in a quick repayment of the loan should therefore check carefully whether they can increase the monthly installments. This could shorten the term and keep the interest rate low.

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Official loans compared – How to compare correctly http://www.r43dsmania.com/official-loans-compared-how-to-compare-correctly/ Sat, 30 Nov 2019 12:17:41 +0000 http://www.r43dsmania.com/official-loans-compared-how-to-compare-correctly/ Continue Reading "Official loans compared – How to compare correctly"

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There are occupational groups that are particularly valued by banks. These include civil servants. They benefit from their almost permanent employment because they are civil servants for life. But their regular income from the state also makes them coveted customers. This is particularly noticeable when granting loans, because civil servants benefit from lower interest rates and longer terms.

There are differences in official loans

There are differences in official loans

A comparison of official loans clearly shows that the offers of the individual banks differ significantly. This applies not only to the amount of interest, but also to the remaining conditions. Officials get this advantage because the risk of default is extremely low, because if they are not to blame, they cannot be terminated.

Public employees also benefit from these advantages. When granting loans, they get the same benefits as their civil servants.

The purpose, conditions, special repayments and much more worth knowing

The purpose, conditions, special repayments and much more worth knowing

Some banks require the use of a government loan. Others, however, do not. Some government loans are even earmarked. But online banks generally don’t ask for it. However, with so many offers, it is not easy to find the right loan for civil servants straight away. It is therefore important to compare official loans against one another. The differences emerge here, which also brings a financial advantage. It is also important for decision-making whether the respective bank offers its customers a free special repayment right, because many require money for early loan repayment.

The handling of the banks is also different as far as the term is concerned. With longer terms, the rate can be reduced, which is an advantage for an official in training because of the lower salary. Official loans in comparison can be found on the Internet. The loan seeker receives all relevant information at a glance and can in most cases apply for the official loan directly from the bank online.

Applying for loans through capital lender is easy. An online loan application is sufficient to address both banks and private investors at a serious level. Of course, the borrower decides who gets the loan.

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Lightning credits for the self-employed http://www.r43dsmania.com/lightning-credits-for-the-self-employed/ Wed, 27 Nov 2019 11:55:11 +0000 http://www.r43dsmania.com/lightning-credits-for-the-self-employed/ Continue Reading "Lightning credits for the self-employed"

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Most providers only give lightning loans to employed borrowers and not to the self-employed. However, taking out a quick loan for this group of people is not entirely out of the question. One reason for the hesitant lending of lightning to self-employed and freelancers is that this group of people can partly provide information about their own income according to their own assessments and can also easily gloss over it.

What is a lightning credit?

What is a lightning credit?

In the case of a lightning credit, the money applied for is paid out within two bank working days. The prerequisite is that the borrower submits his completed loan application by the time specified by the bank and has the Postident procedure carried out at any post office. If the loan is granted by a bank registered in Luxembourg, the processing period can be shortened to one banking day, since in this case the fax copy of the ID card is sufficient as proof of identity for normal loan amounts.

The quick payout of a lightning loan is associated with higher interest rates compared to loans with longer processing times. Credit customers willingly pay an appropriately high interest premium for quick processing, but this must not be too high.

How do self-employed get a lightning credit?

How do self-employed get a lightning credit?

The rapid processing of a lightning credit means that the information in the loan application cannot be checked. Consequently, many lenders refrain from submitting proof of earnings for lightning loans, so that the self-employed in the loan application state their average income without reference to their employment relationship. With this procedure, applications for lightning credits for the self-employed are regularly approved, however the applicant violates his obligation to provide correct information in the loan application.

This procedure becomes problematic if the subsequent loan repayment does not take place as agreed and the lender carries out a subsequent check of the lending. In this case, he may immediately reclaim the loan paid out under false pretenses. If repayment is correct, the incorrect information in the loan application is also illegal, even if the bank is unlikely to perceive the incorrectly completed order as such.

The better solution

The better solution

The honest and at the same time better solution is to search intensively for the self-employed. A few lenders explicitly accept self-employed and freelancers as credit customers, so that they can take out a lightning loan from them.

In addition to processing the loan via the Internet, which is common for fast loans, lightning loans for the self-employed can also be applied for in a bank branch. In their statutes, regionally oriented Volks- and Raiffeisen banks and savings banks have expressly committed themselves to promoting the local economy, including the self-employed and freelancers. Lightning credits for the self-employed are mainly available online for entrepreneurs who have been self-employed for at least three years.

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