Online Payday Loans No Credit Check Instant Approval – Lettica.Org http://lettica.org// Fri, 06 Dec 2019 08:05:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.6 Payday loans no credit checks -Loans from online payday lenders no credit check http://lettica.org//payday-loans-no-credit-checks-loans-from-online-payday-lenders-no-credit-check/ Fri, 06 Dec 2019 08:05:40 +0000 http://lettica.org/payday-loans-no-credit-checks-loans-from-online-payday-lenders-no-credit-check/ Read More »]]>

As is known not from today, the beginning of the school year involves a lot of expenses related to the purchase of school equipment and layettes for our children. Of course, someone can say that parents receive, for example, 500 plus, but it can actually be a drop in the ocean of needs related to school expenses.

It is widely known that we will spend the most money on a child who is just starting his career at school. Here you have to buy almost everything, from school accessories to clothing, appropriate shoes, or PE clothing.

Teenage parents will spend a lot. Children want to decide for themselves what they will go to school with, they want designer clothes, shoes, so as not to stand out from others. In a word, the difficult financial fate of a parent these days.

As soon as next business day loans from online payday lenders no credit check

The fastest and most convenient way to borrow money is to visit Helpers now >>> and apply for an online payday loan no credit check. 

Darlene Loan without additional certificates available on the Internet is a lot. More and more offers quick loans for zero zlotys – that is, we give back as much as we borrowed. What is worth emphasizing, at present, we can borrow up to fifteen thousand zlotys on the Internet.

Companies granting non-bank loans do not require any additional documents, all they have to do is fill out the quick application on the lender’s website, provide their bank account number and mobile phone number.

Cheap and proven loans

Bendora Loans

The company approaches the client’s needs individually, adjusting its offer to its financial capabilities. Bendora Loans offer up to PLN 25,000, with a long repayment period of up to 48 months – i.e. 4 years. The advantage of taking a loan at Bendora Loans is the opportunity to take advantage of credit holidays.

In case of problems with paying off the loan, you can apply for a break in repayment. It is a good choice for a school layette when we are looking for a cheap installment loan.

 

]]>
Direct payday loan lenders -Request a loan online direct payday lenders to get cash http://lettica.org//direct-payday-loan-lenders-request-a-loan-online-direct-payday-lenders-to-get-cash/ Sat, 28 Sep 2019 04:59:31 +0000 http://lettica.org/direct-payday-loan-lenders-request-a-loan-online-direct-payday-lenders-to-get-cash/ Read More »]]> 2-minute express transfer. I have a select group of private financiers who can lend you fast and uncomplicated money! Your application will be reviewed within 60 seconds and, if you wish, your microcredit will be paid immediately and today with an express service.

Request a loan online direct payday lenders and get cash as soon as today

Where can I borrow money immediately?

If you want to lend money expressly, then you can to apply for a loan online direct payday lender. You have to sign a loan agreement and you can borrow 500 Euro at any time.

Express service is super fast

A super fast and special service is the express service. Credit in 30 min. This will give you money on the account today.

Processing and fast immediate payment for a small fee is guaranteed. Immediately borrow money in the truest sense of the word! Money lends out immediately.

Credit with express transfer

Credit with express transfer

Use our super fast 2-minute credit form for the Express Credit.

We send you immediately an email with suitable lenders with the aim to get your credit inquiry and processing to a positive result of all involved and to make an express transfer!

Especially a loan comparison for self-employed can be very time consuming. And even as the founder of a small company, our search can save you a lot of time.

  • Apply for a small loan in two minutes
  • Small loan application tested in 60 seconds
  • Small loan in 30 min with XpressService paid

Loans Austria

Please use the premium list for lenders in Austria.

The express service will give you an express credit within 24 hours. This will give you money in your account in 20 hours and you will have this cash immediately.

My financial side has already helped many satisfied customers this year to get money on their account today! If you still ask yourself “How do I get money?”, Then I advise you to read all my many posts on my site.

Also, you can consider all the options to think about how you, no matter how fast you can make a lot of money.

Everything worked super fast. The express transfer was fast. Super satisfied and recommended!

If you want to have the money in your bank account fast, then you can choose the Express Service. If you choose this service, your loan application will preferably be processed.

Borrow money privately and get cash today – that works if you know the right providers. If you would like to get an instant online loan and submit the loan application now, then the money will be in your account within 24 hours, if your bank has branches in Germany, Austria or Switzerland.

Otherwise, the statement of the money can take 48 hours. I say – these are still fast and cheap foreign loans! If you take a loan from a regular bank, it will take much longer.

Loan applications are not processed over the weekend, so it takes an average of two weeks for you to get notified. You do not want to lavish mortgage lending, but only lend a manageable amount!

But if you choose an express credit, then it will all be obsolete! because then the loan is confirmed immediately. Who wants to have money quickly on the account for which there is nothing better than a lightning loan! Here are your advantages at a glance:

  • The loan application is requested simply and quickly in two minutes.
  • The loan application is checked in 60 seconds. Even if it should be a loan without income.
  • The identification works both online and by mail
  • In a few hours, the small loan has been made with a quick payout
  • You have the security of a bank
  • If you pay the installments on time, you will get a bonus

Get small loan immediately by express transfer

Get small loan immediately by express transfer

With the express service you get your money today. Yes, you heard right. Today, money still lands in your account!

This is simply the best solution if you urgently need money. No matter whether it’s about a personal purchase, whether you need a car loan or shell out school fees. This bridging loan will be ready for you in a few hours.

This loan online commitment is possible. There is always a solution for a quick and unbureaucratic loan. This also includes microcredits, which are clearly repaid in monthly installments.

You are going to have a loan with immediate payout, and simply sought an express service. The application is processed quickly and preferably. For a small fee, the necessary loan amount will be transferred to your account today.

This has actually managed to get money on the account today. But do not be “seduced” and sign with the first offer. No, take the time to review various offers and compare.

This is how the Express transfer works

Page but aware: This Express Service, with which you can realize a small loan very quickly, is charged. You then state from what point you believe your credit.

If you make a positive credit decision, you may be able to dispose of the cash in just a few hours. If you submit your application at the weekend, the payment will be made on Monday at the earliest.

This also applies to holidays, also there the money lands on your account only the next day.

Nevertheless, the pace of these payouts can not be topped. If you do not apply for express service, the money transfer will definitely take one to two business days. With a positive credit decision you often receive a text message.

Then it says: “Goodbye credit!” So be careful that you give your correct phone number with the correct international code. Incidentally, this phone number will also be used for other text messages that remind you of your repayment installments. How an Express loan works in detail, you can read here.

How can I get paid quickly and how can I apply for a credit card without credit bureau?

Each bank will check you for your credit rating. But I’ve found private lenders who can respond to your loan application quickly and easily. This means that a credit bureau entry is not a rejection reason for these providers.

Tip: You should know your own credit rating. Read more about how you can apply for a free credit bureau self-assessment in just 3 minutes.

The credit bureau score is used to measure creditworthiness. If the credit rating for the lender is okay it will also be granted microcredit.

Of which sums do we actually speak? Well, new customers can apply for a loan of 500 euros up to 50,000 euros.

Get Express Money with an Online Credit Instant Commitment

Maybe you are in the same situation I was in some time ago. Suddenly you are in a financial emergency, the money is not available and a larger loan is inevitable.

Your car is so old that it can not be repaired. You have to bite into the sour apple, a new vehicle must come from. The washing machine gives up the ghost and you have to borrow money immediately to pay for the repair.

Because the daily visit to a laundrette does not pay off in the long run. Therefore, the goal can only be to lend cash immediately! These unpleasant surprises bring many people into a total shortage of money. Most of the current account is already overdrawn and the next salary is still long in coming. Then the chaos is perfect! I was in such a situation myself.

I report here how it has happened to me. Read this article through to the end. It will not be your damage. Sacrifice five minutes of your time to save yourself all those negative experiences I’ve made.

You should get straight to the goal and you should learn how you still get money on the account today. Who does not want that? Simply search for a lender online from home – and zack: Cash on the spot!

Borrowing money and money immediately on the account – there is actually.

My story:

I’ve searched for a long time myself and experienced many disappointments. I also got into the situation in my life that suddenly I suddenly needed money. I have asked at several banks and the check on my loan request lasted forever.

The dream of “money immediately on account” had thus (temporarily) burst. We were aware of some websites offering online instant loans. But somehow these credit providers were also suspect to me.

Online fill out a form that is evaluated by a software and returns an automatically generated response that he really seemed to me impersonal. There were some websites that advertised “Borrow money and still have it today!”

That really made me curious. I asked myself: Will they really transfer money to my account today? Is that really possible? Can I actually expect money from these online providers to be taken straight away? That seemed so unlikely to me.

In the hope of still getting money on the spot, I still tried and filled out my first form. Money in 24 hours on the account, which can apparently only get people with good credit rating and high credit bureau score.

I tried repeatedly and got cancellations about cancellations. From today still money on the account, I can only seem to dream. How should it continue? I really need money urgently, because otherwise I would have really had difficulties.

Since I needed money immediately, I tried it further. I still hoped to get some money today, but it was the same thing all the time: I filled out many forms and got a pre-generated cancellation.

I have no money and no time to constantly fill in forms, and it is frustrating to constantly get cancellations. Are you in the same situation right now, and do you think the same way I did back then? I have no money – who gives away money?

Then please keep reading, because here you will find important information on how to borrow money quickly online! Subsequently, I also asked myself if there would not be a way to get a loan without a loan?

In despair you really come up with stupid ideas when the following thoughts are constantly circulating in your brain: Where can I get money from? I have no more money! Then you fall for all these scammers on the Internet, who promise the blue from heaven.

One begins to think about whether one should try something illegal or gambling. How can I get fast money without credit??

Then do not give up, because there are other ways and I’ll show you without having to go through the same long ordeal as I did. If you need cash today, then there are possibilities for you. So how do I get money without credit?

Quite simply, for example through work. “But I can not find work!”, You may be thinking. But you are wrong. There is something to do everywhere. There is always some way to work. Of course, there is not the big money for that.

But instead of howling around because you need money, but getting credit due to the lack of work, take a closer look at the world. There is a job for you somewhere. There are many ways to get fast money.

Whether it’s cleaning services, cooking, running dogs or taking care of the kids – the list is endless. Make yourself a list of all that you can do and like to do. Think about exactly what you would like to offer as a help.

Here you will find many great ways to make money quickly! Do not stare at a specific hourly wage, but rely on these people to value your help and reward you appropriately.

Some may pay only a little, others will give you twice or three times more than you expect. You urgently need to borrow money? You need cash right away? Remember, you do not necessarily have to borrow money. With smaller work you still get money today.

No more money now what?

At some point I came across an ad: lend money for 30 days. Some banks offer so-called small loans up to 500 euros, but you have to pay back after 30 days at the latest. So, if you’re around 500 euros, that’s not a bad thing, but 500 euros are quickly consumed, and how do you pay back after 30 days?

Borrow money privately, today and immediately. This can be done in different ways. If any of your friends or relatives are so gracious and ready to lend you money, then you can still get the money today. But if not, how will it continue?

Still the same situation: No money what to do?

Which financiers or lenders are serious and do not gamble on me?

You want to borrow money without credit so you do not have to pay any more because you do not know which lender you can trust.

I have had many frustrating and time consuming experiences in this direction and I would like to spare them that. As a result of this (see below at the end of this article) you will find a search request where we are looking for private investors!

]]>
Does the revolving credit work as a credit card? http://lettica.org//does-the-revolving-credit-work-as-a-credit-card/ Mon, 26 Aug 2019 14:14:45 +0000 http://lettica.org/does-the-revolving-credit-work-as-a-credit-card/ Read More »]]>

Do others tell you that the revolving credit works like a credit card? In a sense, they are right about that, although on the other hand there are also differences. It is therefore wise to properly compare the two options, both in terms of costs and options. You ensure that you can request a revolving credit or a credit card, depending on what is the best choice in your situation.

Withdrawing money with a revolving credit

Withdrawing <a href=money with a revolving credit” width=”660″ height=”380″ />

With a credit card you have the option to withdraw money up to a certain amount, up to the credit limit. A revolving credit works the same way in that regard. You agree with the bank to which credit limit you can withdraw money. However, the most important difference is that you do not receive a debit card that you can use to pay. Instead, you can withdraw the money by having it transferred to your checking account. You then have the money at your disposal, to spend it the way you want.

Pay interest on the outstanding amount

Pay interest on the outstanding amount

Both with a revolving credit and a credit card you pay interest on the amount that you withdraw. Have you agreed on a credit limit, but are you not using it at a certain time? At that time you do not have to pay interest. As soon as you withdraw an amount, you will pay interest on it. The revolving credit works in that regard in a flexible manner. On the other hand, keep in mind that, just as with a credit card, there is no known schedule to repay the borrowed amount properly.

Choose from a revolving credit or a credit card

Choose from a revolving credit or a credit card

Do you want to choose from a revolving credit or a credit card? If you want to have a card at your disposal to spend, the credit card is a good choice. On the other hand, do you want to make sure that you will incur the least possible costs? With a revolving credit you generally pay a lower interest on the amount that you would like to borrow. The credit card stands for the most optimal convenience, while with a revolving credit you ensure that the money borrowed will cost you less in the long term.

]]>
Apply for a payday loan? Compare interest rates here! http://lettica.org//apply-for-a-payday-loan-compare-interest-rates-here/ Mon, 19 Aug 2019 14:25:23 +0000 http://lettica.org/apply-for-a-payday-loan-compare-interest-rates-here/ Read More »]]>

Information how to apply for a payday loan

Information how to apply for a personal loan

Why apply for a payday loan? If you are looking for a loan where you know in advance exactly where you stand, then that is the payday loan. Unlike with the Revolving credit, the terms, interest and duration of the loan are set in advance. So you know exactly how long you will take to repay the payday loan, how much you spend monthly repaying the loan and how much interest you will pay on the loan during the term of the payday loan.

All these points of security are the opposite of the revolving credit. With this loan you have a variable interest rate during the term of the loan and the term of the loan is not fixed. With the payday loan you can borrow money as a private person.

Loan for small expenses

Loan for small expenses

Many consumers find the pre-determined security a pleasant feeling when it comes to borrowing money. They know exactly where they stand. However, the degree of flexibility with the payday loan is less than with the Revolving credit. For example, you pay a higher interest rate on the loan amount, you cannot repay without penalty, and you can no longer withdraw the repaid credit. On the other hand, you know exactly in advance where you stand and interim changes in interest rates will not apply to you. You have taken out the loan at a fixed interest rate.

Features of the payday loan

Features of the Personal loan

● You know exactly where you stand in advance

Because all agreements have been made and recorded with you in advance, you know exactly where you stand with the payday loan in advance, as is not the case with the revolving credit.

● Fixed interest

You determine the interest rate of the payday loan during the entire term. The current interest rate that applies at that time and is offered to you by the lender is the interest that you will pay on the loan. This interest is fixed and will not rise or fall.

● A fixed duration

The term of the loan is also agreed in advance. You know in advance exactly how long you will take about the loan to pay back and how much the loan will ultimately cost you during the term. These are also characteristics that are directly opposed to the conditions of the revolving credit.

● Fine for repayment

Unlike with the Revolving credit, you can not pay off with a payday loan. Because the terms and conditions of the payday loan offer more security and a more attractive interest rate as with the revolving credit, you pay a fine if you want to pay off the loan earlier. If you want more freedom in the loan, it is advisable to take out a revolving credit.

So always be well informed about the conditions of a loan and which one best suits your spending objective and wishes. There are major differences in the forms of borrowing money. You can obtain the necessary information from the credit providers listed below. They assist you and give advice on which loan is best for you. We can never provide advice on behalf of these lenders.

Applying for a payday loan: benefits

Applying for a personal loan: benefits

Do you want to request a payday loan, or are you curious about the benefits compared to other forms of credit? It is wise to compare these with each other, because you ensure that you can make a good choice and it is possible to take out a loan that matches your wishes.

The payday loan is a consumer credit, just like the revolving credit that you can take out. That does not alter the fact that there are important differences. The payday loan is a lot clearer and more transparent, but on the other hand it is also less flexible. In that regard, you can choose from the two loans yourself, or you have the option of requesting advice from your bank. Of course we will gladly help you on your way here with your choice, among other things by offering more explanation about the payday loan that you can request.

Clarity about the costs

 The payday loan ensures clarity about the costs, so that you will not be faced with any surprises. Instead, you ensure that you are well aware of the total costs of the loan. Start from the APR, the Annual Cost Percentage. This is generally slightly higher than the interest that you pay per year. That has to do with the fact that you have to pay the interest monthly. This makes borrowing money just a little more expensive, something that you can see at the JKP.

The payday loan is also completely transparent over the term, since you make agreements about this with the bank in advance. How long will the loan run and what amount do you pay off each month to ensure that you can go through life credit-free again? You map out the complete payday loan, with which you ensure that you are not confronted with surprises. Are you looking for clarity? Then it is a good idea to perform a loan simulation for this loan form, so that you know where you stand.

Single edition

The payday loan is suitable for doing a one-off expense. That has to do with the way in which the bank will provide the loans. The bank ensures that you have the option to make a purchase, which you can then repay over the term of the loan. This ensures borrowing money as we all know it. You borrow a certain amount, then take the time to save for it afterwards. You ensure that you can spread the costs, while you can immediately enjoy your purchase.

This means that the payday loan can be borrowed well for the purchase of a new car, or perhaps a nice kitchen. These are matters where you can estimate in advance what they will cost, making it possible to spread the costs. Get out of the car including all options that you wish to use, or complete the picture for the kitchen. Do you want to finance part or perhaps the entire purchase? Then with the payday loan you ensure that you have the money at your disposal.

Competitive interest

An additional advantage of applying for a payday loan is the often competitive interest. This is mainly due to the fact that you can offer the bank a high degree of clarity about what you will do with the money. It is not possible to spend this on a vacation or other expenses. Instead, you agree on a goal with the bank, which means that they have the option, among other things, of estimating the residual value. For example, do you opt for a new car? Then the bank will run a smaller risk and you will notice that in the interest you pay.

In addition, you can make clear agreements about the interest, since it will be fixed. Are you taking out a loan with a term of 4 years and you pay an interest of 7%? Then you pay that interest during the first year, but also in the second, third and fourth year. This will not change, not even when the economy is improving strongly and overall interest rates are showing huge spikes. There is no uncertainty, so the payday loan is a very stable and safe choice if you want to borrow money.

Applying for a payday loan – Online simulation

Applying for a personal loan - Online simulation

You can of course make an online calculation of the payday loan. You can use this, among other things, to determine what the credit will cost. That is very interesting knowledge, for example to find out whether you can continue to pay the costs now and in a few years. What does the loan cost you in interest and how much do you have to transfer as repayment? You can determine the monthly costs based on these elements. Check whether you can bear the costs of the payday loan and whether it is wise to take out this for the purchase that you want to make.

In addition, with the online calculation of your payday loan, make sure that you get a good picture of the course over time. Will the costs decrease, or will they, on the other hand, absorb them the longer you use them? Try to estimate the developments and combine them with the developments of your income that you expect. You can then check whether you can also pay the costs of the payday loan in the future and whether borrowing money is a good choice at the moment.

 

]]>
Apply for a mortgage – Which mortgages are there? http://lettica.org//apply-for-a-mortgage-which-mortgages-are-there/ Fri, 16 Aug 2019 14:33:44 +0000 http://lettica.org/apply-for-a-mortgage-which-mortgages-are-there/ Read More »]]>

Apply for a mortgage

Apply for a mortgage

When will you apply for a mortgage? As soon as you want to buy a house, it is wise to immediately apply for a mortgage here. Almost no one can redeem a house at once and, in addition, this would not be smart to do. Applying for a mortgage is a loan from the bank to finance your home. You often repay a certain amount to the bank each month. There is interest on this amount of money to compensate the bank for the amount of money that you can borrow from the bank. Of course there is also the possibility to invest your money. This is done in the form of a mortgage.

Although there are many advantages to applying for a mortgage, there are of course disadvantages. The advantages and disadvantages of this type of loan vary per type of mortgage. There are therefore a lot of mortgage types for the repayment of your house. These types of mortgage differ from each other in terms and conditions and constructions. There are four basic mortgage types that are used most to date. Read the mortgage types below carefully so that you can see which mortgage is best for you.

Debts deducted when applying for a mortgage

Debts deducted when applying for a mortgage

Do you want to apply for a mortgage? Then keep in mind that any other loans that you have may have a major impact on this. A mortgage lender will check the financial scope for you and will possibly issue a quote based on this. It is important that you have sufficient income at your disposal, but it is just as important to first repay other current loans in full.

Check at the BKR

Check at the BKR

When applying for a mortgage, a check will in any case be carried out at the BKR in Tiel. This is the body that keeps track of the debts of all Dutch people, from a personal loan to a revolving credit and from a credit card to the option to be red on your checking account. Are you well aware of the (possible) debts that have been registered for you? Deferred payments without an interest obligation also form part of the debts and loans, which means there is a good chance that you too will be affected. More information: BKR mortgage

Debt against limit amount

Debt against limit amount

In addition, keep in mind that a lender will always weigh any debts against the full limit amount. For example, did you take out a revolving credit and still have to repay € 1,500? If you have ever taken out the credit with a limit of € 5,000, that is the amount that the bank will hold, which means that you must first repay the full amount to get rid of this. This is due to the fact that within a revolving credit facility you have the option of re-using previously repaid amounts.

Repay the debt by applying for a mortgage

Repay the debt by applying for a mortgage

Therefore, make sure you first repay your debts before you apply for a mortgage loan. Do you want to buy a home earlier? Then check whether you have sufficient financial room. This means that you must be able to pay the mortgage loan from the income that you have left when you have deducted the costs for the other (possible) loans from this. Keep in mind that the bank will nevertheless look critically at possible other loans and, for example, your reliability in terms of repaying and paying interest. You can find more information about this subject on our website.

Apply for a mortgage – Classic type of mortgage

Apply for a mortgage - Classic type of mortgage

The so-called classic mortgages are the linear mortgages and the Annuity mortgages. These mortgages can be characterized by various points. This way there is always a fixed end date. In addition, the repayment occurs during the term. Unfortunately, these mortgages are less favorable for tax purposes and there is no return on repayment. However, you do have a lot of certainty with regard to the types of mortgages since you agree in advance how much you will pay off each month.

Apply for a mortgage: Annuity mortgage

Monthly charges will remain the same during the term of the annuity mortgage. The same amount must therefore be paid every month. The composition is different per month. For example, more interest has to be paid at the start of the mortgage loan than can be repaid at the bank. As you go through the years, the interest you pay becomes less and you can start paying more for the repayment of your house.

Apply for a mortgage: Linear mortgage

Just like with the Annuity Mortgage, a fixed monthly amount must be repaid. Also with this mortgage you will pay more in interest at the start than you can actually pay off for your house. Over the years you will pay less and less interest as the loan on your mortgage shrinks. You will then also be able to pay more money for the repayment of your house. One of the disadvantages of this mortgage application is that it is less favorable for tax purposes.

As mentioned earlier, both loans are not exactly favorable, but do offer security. Since these loans are not deductible, and therefore fall within Box 3, these loans are still taken out even though this has decreased in recent years.

Apply for a mortgage: Savings mortgage

Another form is the savings mortgage. The principle of this loan form is that the loan does not have to be fully repaid. At the end of the term you are therefore left with a residual debt. To apply for this mortgage loan, a contract is concluded so that you know exactly what residual debt you are with at the end of the term of your mortgage loan. This residual debt can be repaid with your savings, but can also be repaid by taking out a life insurance policy.

A major disadvantage of applying for this mortgage is the risk of death. If you die, the residual debt of your mortgage loan is for your surviving dependents. It is therefore smart to immediately repay as much of your debt as possible as soon as you are financially strong. The monthly costs of this type of loan mainly consist of mortgage interest and premium. This premium is partially reimbursed by means of an interest, the other part is used for life insurance. The interest rate that you receive on your savings premium is mainly the same as the mortgage interest that you pay. If you have a low mortgage interest, you will also receive a low interest on your savings premium. If your mortgage interest rate is high, you will automatically receive more interest on your savings premium. The advantage of this mortgage credit is that your monthly payments do not fluctuate too much, which can be very beneficial for your living situation.

Apply for a mortgage: Life mortgage

Just as with the savings mortgage, you will be left with a residual debt at the end of the term of your mortgage. A life mortgage saves money for the repayment of your house. This money is saved through the investment that is made for you. At the end of the term of this loan, you do not always have the guarantee of a high payment since an investment can sometimes go wrong. However, you can be sure that you have repaid 60 to 70 percent of your debt at the end of the term of the mortgage loan. This amount may of course come to be higher, but this depends on the return achieved on the investment. 

Mortgage pros and cons

Mortgage pros and cons

A variant of the life mortgage is the modern life mortgage. An advantage of this mortgage is that it is fairly flexible. The capital insurance policy that you take out with the mortgage loan can be adjusted according to circumstances. A capital insurance policy is a form of a life insurance policy whereby the insurer pays a certain insured amount to the insured person on the agreed date. With this type of mortgage, a certain monthly premium must be paid for the term life insurance coverage and your capital build-up. Amount that you pay monthly on these two can vary.

Beyond that, the amount of the death cover depends on your age and the capital that you must have saved before you die. The higher the capital you have saved, the less insurance premium is required. As the term of this mortgage comes into view, you should also insure less since you have built up a capital. This means that part of the premium can be invested to build up an even larger capital.

Apply for a mortgage: Investment mortgage

Another mortgage type is the investment mortgage. You put in an amount each month that is invested for you in the hope of achieving a high return. The freedom you have with this mortgage really appeals to people. However, you must think carefully before you take out an investment mortgage. Investing can be very risky and cause problems with a low return. With this mortgage loan you use an investment account, so other than the life or capital insurance that you take out with a life mortgage. So no premium has to be paid to the insurer. The monthly costs of the mortgage credit mainly consist of mortgage interest and investment money. With a high return on this investment money, the mortgage interest can often already be paid.

A disadvantage of a high return is the high risk that you run. With a high return, risk must often be taken with investing. So there is a chance that you can repay less money in certain months than in other months.

Apply for a mortgage: interest-only mortgage

When applying for an interest-only mortgage, you do not have to pay interest. Your monthly charges will therefore be low. Please note that the value of your house is sufficient to be able to repay the mortgage loan. If you cannot repay your house within 30 years, there is a chance that you will lose your mortgage interest deduction. Your monthly expenses can then rise considerably after these 30 years.

Applying for the pros and cons of a mortgage

Applying for the pros and cons of a mortgage

When purchasing your new house, it is smart to take a good look at the advantages and disadvantages associated with the type of mortgage that you take out with your partner for each mortgage loan. The living situation of every family is different and can therefore be perfectly matched to the mortgage that you take out. A bank adviser, or even better, an independent adviser can help you with that. They not only look at your monthly payments and your income, but they also look carefully at whether you might run into problems at the end of the term of your mortgage. If this proves to be the case, other types of mortgages are often looked at further or the problem can be solved.

Request a mortgage: the quote

Request a mortgage: the quote

If you do not have an interest in a consultant, you can apply for a mortgage. Normally it is smart to request this immediately after purchasing your home. This is possible at various independent websites where you can compare exactly which mortgage credit and mortgage provider suits you best. Of course you also have the option to request a mortgage quote from the bank with which you are affiliated. You can see exactly what advantages and disadvantages the mortgages of these banks have to offer and how much it will cost you in terms of any interest.

Applying for a mortgage afterwards is not that simple at all. Look in advance very carefully which type of mortgage suits you best and which bank you can best take out. After all, you are stuck with this mortgage all your life and can cause trouble if everything does not go completely according to plan.

]]>
What are the benefits of a mini loan? http://lettica.org//what-are-the-benefits-of-a-mini-loan/ Tue, 13 Aug 2019 14:06:15 +0000 http://lettica.org/what-are-the-benefits-of-a-mini-loan/ Read More »]]>

For many people, the benefits of a mini-loan outweigh the few disadvantages that come with it. It is nevertheless wise to take a good look at this beforehand and, for example, to check whether the mini-loan is a good alternative to regular credit. We list a number of benefits of a mini loan for you, so that you know what you can expect and what you need to take into account on the other hand.

Fast money in your account

Fast money in your account

One of the advantages of a mini loan is the fact that you have the money in your account very quickly. On average you can already receive the money within 1 working day. Are you a customer of a lender? Next time you can request the money and it will be in your account within 10 minutes.

The benefits of a mini loan also include, for example, the fact that no BKR review will take place. This helps to contribute to the speed and prevents any other loans from coming to light.

Thirdly, thanks to the benefits of a mini loan, you can borrow money for a few weeks. After that period you are also off, so that you no longer have to worry about it. It ensures that you can, for example, use your salary to pay off the amount and that it is then back.

Advantages and disadvantages of a mini-loan

Advantages and disadvantages of a mini-loan

It is a good idea to go through the benefits of a mini loan, but also pay some attention to the disadvantages. In this way you ensure proper preparation and you know what you are starting to do when you apply for a mini loan.

Apply for a mini loan

Apply for a mini loan

Do you want to apply directly for a mini loan, are you convinced by the advantages of a mini loan? That is simply possible online, you do not have to leave home. Instead, it is sufficient to compare the different providers and to indicate what amount you need. You must then demonstrate that you meet the conditions and that you have sufficient income from a permanent contract. Is that all right? Thanks to the benefits of a mini loan, you can easily count on the money and then do what you want with it.

]]>
Apply for continuous credit: Flexible borrowing without worry. http://lettica.org//apply-for-continuous-credit-flexible-borrowing-without-worry/ Thu, 25 Jul 2019 14:18:15 +0000 http://lettica.org/apply-for-continuous-credit-flexible-borrowing-without-worry/ Read More »]]>

Information about the revolving credit

Information about the revolving credit

If you are not yet familiar with the ongoing credit application and want to know more about it, please continue reading. We do our best to explain as clearly and clearly as possible what you can and can expect from a revolving credit.

Like the payday loan, the revolving credit is a form of borrowing money. You usually take out the revolving credit directly with a bank or through an intermediary (such as an electrical store and supermarket). The advantage of an intermediary is that they have already made the connections and agreements with the bank and can therefore enforce the most favorable loans for you. The revolving credit can therefore also be recorded via an intermediary.

Why request a revolving credit?

Why request a revolving credit?

A revolving credit is a very flexible form of borrowing and is therefore very popular among consumers. You decide when and how much money you withdraw and you can have the money at all times. You agree in advance with a bank or intermediary (intermediary recommended) a fixed amount that you want and can borrow. This amount is free to spend according to your wishes. This way you can make a large purchase in one go, several small purchases or just to keep it behind. If you have withdrawn money from the revolving credit, then repaid it again, you can always withdraw this money again. The interest on the revolving credit is generally on average between 5 and 14.50%. This interest is during the  The duration of the loan is variable and can always rise or fall. If you want to borrow at a fixed interest rate, read more about the payday loan.

Every month a previously agreed amount is debited for the repayment of the loan and you pay interest on the amount that you have withdrawn. Have you not withdrawn money from the revolving credit? Then you only pay off your monthly costs. It is always nice to know that you have money in hand if, for example:

  • Something breaks in and around the house / car (repairs etc.)
  • Want to make a nice purchase
  • On vacation / weekend away
  • Renovation / DIY

If the monthly costs for the repayment of the revolving credit fit in with your financial situation, and in addition the interest that must be paid on the withdrawn amount can actually be paid, this is a great form of borrowing money. That is why it is the most popular form of borrowing in the Netherlands and Belgium. It is a nice and safe feeling for consumers knowing that money is behind them.

Characteristics of the revolving credit

Characteristics of the revolving credit

Some characteristics of the revolving credit are:

● A variable duration

The revolving credit has a variable duration. This means that the variable interest and the possibility of re-using repaid amounts are possible. You can also take back what you pay off the loan if necessary. The term of the revolving credit therefore runs as long as the loan is not paid off.

● Free repayment

The revolving credit can be repaid without penalty and free of charge. This is not the case with a payday loan, but here you pay a fine if you want to pay off earlier.

● Borrow money up to € 75,000

With the revolving credit it is possible to borrow an amount from € 1250 to € 75,000. This depends on your personal situation.

Applying for a revolving credit of EUR 75000 is unusual because of the large amount. In this case you may wonder whether you should not apply for a mortgage loan or a payday loan. Don’t forget that car loans are currently relatively low in 2017-2018. You can already borrow at a rate of less than 2%.

Calculate revolving credit

Calculate revolving credit

Bear in mind that you will pay costs in the form of interest, just like with a revolving credit. The interest rates may differ per financial institution or intermediary. Fortunately, the government sets a maximum annual percentage rate (APR) that financial lenders may not exceed.

  • For mini credits up to EUR 1250, the APR is at a maximum of 14.50%
  • For revolving credit between EUR 1250 and EUR 5000, the maximum is 152.50%.
  • For revolving credit above EUR 5000, the APR is at a maximum of 11.50%.

Attention: Read the conditions carefully: Sometimes commissions and credit card costs are not included on the APR and you still have to pay these. Ask your service provider about it!

Beware of additional costs at the JKP. The total costs must be transparent for the consumer. Therefore ask behind the SECCI form that according to the EU must be drawn up for all loans. This document is signed by the consumer and you can take it home to clearly compare loans.

The interest for the revolving credit is, just like the term, also variable. This means that interest rates may fall or rise during the term.
With a revolving loan application, you must be well aware that when the interest rate rises, the repayment part of your monthly expenses will decrease. You then take longer to repay the revolving credit.

Of course you can arm yourself against the higher costs per month, as a result of a higher interest rate. Suppose interest rates rise, it is wise to repay some more money, or at least not to withdraw new amounts. With a revolving credit application, you can repay without penalty, making it even possible to repay the full amount at a high interest rate without incurring any costs. On the other hand, you can of course borrow a little more when interest rates are low, since this will cost you relatively little.

Intermediaries versus banks

Intermediaries versus banks

Applying for a revolving credit is interesting when purchasing a laptop, camera, or other electrical equipment. That is why it is mainly electrical stores and supermarkets that are king of consumer credit.

If you prefer not to, you can also go directly to a bank and take out a revolving credit. It is then not specified for what purposes the money is used.

Difference between revolving credit and credit card

Difference between revolving credit and credit card

About 60% of Dutch people prefer to pay with a credit card. This works differently as a revolving loan. With a credit card, the money spent is taken from the current account at the end of the month. So if you have purchased something of 1000 euros, 1000 euros will be deducted from your bank account at the end of the month. If you do not purchase anything with the credit card, then naturally you do not have to pay interest either.

So if you can save little money or have little money left at the end of the month, this is effectively a risky supple. if the corresponding amount cannot be paid, high interest rates are charged (12% to 14% interest).

Moreover, you can request different cards at different stores. If one is not listed at the BKR or the Central Bank for loans, then one gets the green light. Therefore do not live above your position and limit your revolving credit to the extent possible.

Is credit insurance compulsory on consumer credit? Apply for ongoing credit

Is credit insurance compulsory on consumer credit?&nbsp;Apply for ongoing credit

Some lenders dare to misinform customers. They want to impose a debt balance insurance on the consumer while this is not mandatory at all. Certainly not for a revolving credit. Of course this is done to generate extra sales, but for the consumer a debt balance insurance is of little use. Why is this?

  1. Usually it is a low amount.
  2. The duration of a credit is usually limited.

Figures show that only less than 0.5% of those consumers who have outstanding balance insurance on the revolving credit have ever used it!

So don’t be fooled and don’t make fraudsters even richer.

Summary

Summary

The revolving credit is a consumer credit and offers an interesting alternative to the payday loan for many people. Do you know that you will face high costs in the coming period, but you do not yet know exactly how high these will be? Then it is nice to use a continuous credit application, with which you ensure that you have at least enough money in hand. On the other hand, keep in mind that the flexibility is great and that the duration, for example, does not necessarily have to be fixed.

You can use the revolving credit in a number of different ways. For example, do you want to buy a car and also finance the costs of repairs and maintenance? Then it is wise to use this form of credit, since you do not have to state exactly in advance how much money you want to borrow. Instead, you can await the costs and then withdraw the desired amount based on that. The revolving credit makes borrowing money more flexible in that regard, so that you can use it in the way you want.

Set credit limit

Set credit limit

The revolving credit works on the basis of a credit limit, as you can agree with the bank. You thereby ensure that you have the ability to withdraw money up to that amount, depending on how much you need. You can close the credit limit based on your income. With a revolving credit, there is usually a collateral, so it is primarily your income that matters. Do you earn enough to agree on a credit limit of € 10,000? Then you are not required to withdraw this amount in full, but you do have the option.

For example, you can choose to withdraw € 5,000 in the first instance. You can then use that amount to borrow a car, or to finance a large part of your children’s studies. Does it appear after a year that new books are needed, or whether you should have a car repaired? Then you have the option to borrow another € 1,000 or € 2,000. You can borrow money up to the limit, giving you the freedom to use it flexibly.

Flexibility

Flexibility

You also have a great deal of flexibility at your disposal with regard to the borrowed money. You must immediately repay the amounts you borrow, even if it involves small steps. That means that you will pay off the first € 5,000 and you can thereby ensure that you can finally go free of life again. The moment you need some extra money later, it is possible to withdraw it again, even if you have already repaid the amounts previously. We call this the zeroing period.

It is possible to re-take repaid amounts that makes the payday loan clearly different from the revolving credit. With a payday loan you borrow a fixed amount and you use the term to always repay this a little further. This is less the case with the revolving credit. This is especially interesting when you are faced with unexpected costs and you want to make sure that you have enough money. Feel free to re-enter the amounts and ensure that you can continue to pay the costs that you must incur.

 

]]>