Bankruptcy Chapter Benefits Attorney - All The Durhampast Wed, 01 May 2019 20:47:13 +0000 en-US hourly 1 Consolidation credit without contribution: borrow without constraints? Wed, 01 May 2019 20:47:13 +0000 Read More "Consolidation credit without contribution: borrow without constraints?"]]> Consolidation loan

Credit without contribution, is it possible?


After taking stock of their daily expenses, many French people subscribe a credit for a real estate, buy a car, pay for their children’s education or enjoy a nice trip.

Faced with the increased supply of online loans, difficult to make the right choice. Of course, taxpayers compare everyone’s interest rates and anticipate their repayment capabilities. Depending on the amount borrowed and the type of credit, some constraints can literally block. This is particularly the case for home loans that often require the first contribution. Depending on the amount of this first sum paid, the credit will be more or less advantageous for borrowers.

Because everyone does not necessarily have the ability to unlock a sum to use as a contribution, Consolidation credits without input are a real solution. To subscribe, it is not essential to provide a first amount and borrowing applicants cannot be refused the loan for this reason.

Consolidation loan without contribution, minimal constraints!

Consolidation loan

Whatever the planned project and the urgency of the situation, it is always reassuring to know that the subscription of a Consolidation credit without the contribution and the use of the funds are very fast. Borrowers do not need to save for several months and sacrifice some of their expenses to be able to provide a first contribution to the credit agency.

Devices that fail and all the unexpected are no longer a problem since the need to anticipate the contribution is discarded.

Moreover, it is this dimension “without constraints” that is widely promoted by banks, credit institutions or even major brands when promoting their offer of credit Consolidation without input. Beware, the immediacy of this accessible credit is counterbalanced by interest rates that are sometimes quite high.

Compare offers to find the best credit without the contribution


Thanks to the comparison of credits online, you will have access to all the offers of the market and their discounted rates. Faced with this or that credit, you will, of course, choose the one that best meets your needs and will impose the least constraints.

Borrow now? Right now? Without input? This is possible thanks to consumer credit. Via a comparator, you can not miss an offer! You do not take the risk of missing out on the opportunity without the input you were expecting.

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Personal loan prevention: what precautions to take? Sat, 30 Mar 2019 20:40:24 +0000 Read More "Personal loan prevention: what precautions to take?"]]> credit

Consumer credit is a project that engages you, sometimes over several years, and should not be taken lightly. Because the risk of over-indebtedness exists, it is important to prepare your project upstream. The point on the precautions to take to subscribe a consumer credit in all serenity.

In the same theme

  • Estimate a personal loan
  • Auto credit: immediate response
  • Consumer credit comparison
  1. Ask yourself the right questions
  2. Evaluate your repayment capabilities
  3. Understand your contract
  4. Noncompulsory but recommended insurance
  5. Compare to find the best consumer credit

Ask yourself the right questions

The first precaution to take: do not go headlong into a personal loan. It is better to ask the right questions before the project to avoid making the wrong choices. Determine well:

  • The type of consumer credit that you want to subscribe: personal loan, assigned credit, credit without proof …
  • The type of institution in which you wish to subscribe: bank, credit institution …

The advice may seem obvious, but it is important to think carefully about the need for your personal loan and not to choose this option automatically. In some cases, it may be more prudent or advantageous to favor savings or postpone the credit.

Evaluate your repayment capabilities

A personal loan is a commitment between two parties: the institution gives you a sum of money, which you must repay by monthly payments with interest. Thus, to be able to assume your obligations, you must carefully evaluate the conditions under which you can subscribe to credit consolidation.

So, it’s important to have a clear idea:

  • The amount you want to borrow;
  • The amount of monthly payments that you can pay every month;
  • The length of time you want to commit.
  • Your income, expenses and other potential credits to assess your borrowing capacity.

In short, before embarking on a personal loan, it is necessary to correctly calculate the weight of the credit on your budget and to be certain of your solvency.

A consolidation credit calculator is an ideal tool to prepare your project! The simulation will allow you to get an idea of ​​the best Roxanement solution for your consumer credit.

Be aware of the risk of over-indebtedness

Be aware of the risk of over-indebtedness

Preparing your consumer credit application is essential to avoid over-indebtedness. If you commit to monthly payments, an interest rate or a duration that is not suited to your situation, you may not be able to meet your debts.

Understand your contract

Understand your contract

Another precaution that goes without saying but that is important: before signing your personal loan offer, make sure you have read and understand your entire contract. Once your signature is affixed, you will not be able to come back to the terms of the contract, hence the importance of being in agreement with all clauses.

Any credit offer must mention:

  • The identity and address of the lender and the borrower;
  • The type of credit (credit allocated, personal credit, revolving credit …);
  • The amount of the credit;
  • The conditions for making funds available;
  • The duration of the contract ;
  • The amount, the number and the periodicity of the deadlines;
  • The APR, or annual percentage rate of charge, and the type of rate (fixed rate? Revisable rate?);
  • The identity and address of any bonds;
  • The existence of the right of withdrawal;
  • The means to repay the advance credit and the means of termination.

Please note that you have a withdrawal period of 14 calendar days from the signing of the contract. If you change your mind, you can reconsider your decision during these 14 days.

Noncompulsory but recommended insurance

personal loan

If you take out a personal loan, the law does not require you to protect yourself with credit insurance (or creditor insurance). However, it is strongly recommended to take out insurance for your consumer loan, for several reasons:

  • On the one hand, because many credit organizations will refuse to give you a personal loan without this guarantee;
  • On the other hand because depending on the level of protection chosen, the borrower insurance protects you in the event of death, illness or disability or loss of employment. Without this insurance, you could find yourself in a very difficult situation in the event of a problem.

You do not have to subscribe your borrower insurance with your lender! You are free to choose credit insurance from another organization if it is more interesting for you.

Compare to find the best consumer credit

Compare to find the best consumer credit

To find the most suitable personal credit for your budget and needs, compare offers online! It’s not about prevention, but good advice to find the best loan and engage in his contract with peace of mind.

With a consumer credit comparator like, all you have to do is fill in some information about yourself, your project and your financial situation to access in just a few minutes the consolidation credit quotes available for your profile!

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Mini loan for the unemployed: Which providers are there? Thu, 28 Mar 2019 05:26:11 +0000 Read More "Mini loan for the unemployed: Which providers are there?"]]>

A mini loan for the unemployed – can it be? In times of macroeconomic crises, crises in individual sectors or even serious management mistakes in companies of any kind, the first victims are usually the employees. On their back then unfortunately very often attempts in the form of redundancies or at least shorter working hours to cope with the economic crisis in the company. The threat of unemployment is probably an economic, if not the most serious, incision in a person’s life. Especially when there is a fundamentally available, full ability to work. All of a sudden, there is no income and the unemployment benefit is far from enough to cover the running costs.

Happy the one who has managed to save a bit over the years. These reserves could be used in such a situation. But what about those people who do not have such financial reserves or simply could not form them? Can a loan help here or a mini loan for temporary bridging? Is there a mini-loan for the unemployed at all? And if so, which mini loan provider awards such loans? What should be considered in such a loan offer? Questions about questions that are all justified and deserve valuable answers.

Unemployment loan from the house bank? a dream!

Unemployment loan from the house bank? a dream!

People who are unemployed sooner or later face some serious financial problems. Especially if a large number of payment obligations still exist and can not be reduced. Be it in the form of rent, electricity bills, taxes, etc. In most cases, the unemployment benefit granted must be largely spent in order to avoid additional damage due to delays in these financial obligations. The result is often that then at the middle of the month there is hardly any money left for shopping. Which means that from this moment on you have to turn the euro over more than once.

An unsatisfactory situation from which the mental decision is often made to take out a loan to bridge the unemployment phase. After all, one is at best at his house bank a valued customer, has a long-term unpolluted relationship and also a hitherto pure private credit vest. So the house bank should show understanding for their own situation as well as not self-inflicted unemployment. The desired bridging loan should be feasible. Thus, small installments appear affordable and nurtures the hope of the bank to obtain a loan.

Credit for the unemployed – the “sad” reality

Unfortunately, in most cases, the reality is completely different! The fact is that a “classic” loan for the unemployed is simply a fairy tale. Such a loan offer simply does not exist. Banks grant a classic loan of any kind (installment credit and / or discretionary credit) only to fixed terms. Thus, a fixed and, above all, regular income from an employment relationship must be proven. This means, on the one hand, that you are definitely not allowed to be in the probationary period as a loan applicant. On the other hand, the employment relationship must be uninterrupted. If even a single point of this can not be confirmed to the bank, after only a few minutes it has completely settled with the application for a loan.

Credit for unemployed: Caution – risk of ripping off!

Credit for unemployed: Caution - risk of ripping off!

And yet: Anyone who enters the term “credit for the unemployed” or “mini-credit for the unemployed” on the Internet, currently receives a whopping 300,000 results. So one would think that with this number of offers for an unemployment loan or mini loan for unemployed at least one or the other acceptable loan offer is. But care: Almost everyone who offers such a loan offer, should be treated with caution. In plain language that means: Dubios! Many supposed credit intermediaries and “alleged” credit providers use the financial hardship of the loan seekers, especially when they are unemployed. They often promise credit seekers the “blue” from the “credit heaven”. The goal is often to lure potential customers into the so-called “pre-cash trap”. This will then be sent for cash on delivery fee of often 200 € and more basically worthless documents. Of course, the promised loan does not exist!

The mini loan for the unemployed is not a utopia

The mini loan for the unemployed is not a utopia

So the question arises, if there is not somewhere or maybe somehow a loan for the unemployed? In fact, there have been offers in the market for a short time, which at least make it possible, for a small period of time, to use a small loan to bridge a financial shortage, even in the case of existing unemployment. We are talking about the mini-loan for the unemployed mentioned earlier in this article. Such a loan can not be compared to a classic installment loan from the bank. Nor with the frequently used credit line. But that is precisely the advantage of a mini-loan for the unemployed.

Those mini-credit providers, who also grant a short-term, temporary loan to the unemployed, differ significantly in the risk assessment of an unemployed customer from the conventional banks and in a clearly positive sense. Due to the short duration of a mini loan for unemployed people of a maximum of 60 days and the equally limited loan amount of mostly 600 euros, the providers of such mini-loans often only have proof that a monthly income of at least 700 euros is available.

700 euros minimum income as the basis for an unemployment mini- credit

It is completely irrelevant whether this is “income” from a regular employment or just to the so-called ALG 1 salary, ie unemployment benefits. Equally positive about these new loan offers is that even if you are in unemployment, but until now has a flawless private credit, when claiming a mini-loan for the unemployed, no guarantor or other collateral such as the purchase of appropriate insurance must be made, All factors that make a mini loan attractive to the unemployed. And, in fact, these mini-loan offerings are regulated and supervised loan offerings, and thus the risk of fraudulent bidding simply does not exist!

Viloan is the best provider of a mini loan for the unemployed

Viloan is the best provider of a mini loan for the unemployed

However, it can not generally be assumed that every mini-loan provider is also willing to provide a short-term loan to an unemployed applicant. For example, behind Targobank’s mini-loan offer is a classic bank. It should be clear that here generally the same procurement guidelines as in a conventional installment loan application. This means: Without a job certificate no credit! A mini loan provider, which is known to provide a mini-loan for the unemployed, is the financial service provider Viloan, which we also introduce here, as a brand of Demor Bank from Malta.

Requirements of Viloan mini-loan for the unemployed

When applying for a mini loan or a short-term loan, Viloan only assumes that the own private credit is not overburdened. In addition, a monthly income of at least 700 euros should be demonstrated by the borrower. If these two basic conditions are met, there should be nothing in the way of obtaining a mini-loan for the unemployed. All necessary and just as helpful information on Viloan’s mini loan offer is available in our main section on this mini loan provider.

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A Loan to 25,000 – Which Companies Will Provide it? Thu, 28 Mar 2019 00:54:53 +0000 Read More "A Loan to 25,000 – Which Companies Will Provide it?"]]>

Non-bank companies, if they already offer high amounts of loans, are staying in the amount of PLN 25 thousand. It is worth pointing out at the outset that no reliable lender will offer a high amount to a client who is not credible in his eyes. There are virtually no companies that offer a transfer of PLN 25 thousand in 15 minutes or without certificates. What do we usually spend the money on the loan for? Which non-bank companies have a loan of up to PLN 25 thousand in their offer?

A loan of up to 25,000 for any purpose – is it possible?

A loan of up to 25,000 for any purpose - is it possible?

As a rule, high amounts of loans are associated with the necessity of giving the purpose for which the money is to be spent. Loan companies, unlike traditional banks, do not require such a declaration. It is also worth paying attention to the fact that usually long-term installment loans are granted on more favorable terms than popular, short-term payday loans.

Loans up to 25,000 can be used for any purpose. It depends on the client what the money will be spent on. The popularity of non-bank loans increases year by year. The upward trend is seen primarily in the case of installment loans. They become a more attractive alternative to fast payday loans (even free payday loans ) as well as traditional bank loans. The increase in popularity is associated, among others, with the possibility of obtaining higher amounts of loans and limiting formalities (in comparison to banking procedures).

Popularity of installment loans on the Polish non-bank market

Popularity of installment loans on the Polish non-bank market

Non-bank installment loans enjoy growing popularity. The report prepared by Retrodatabase unambiguously indicates that in the first half of 2018, loan companies granted 7% more loans for installments than in the same period in 2017.

The introduction of the anti-usury law was not without significance in the growth of interest in non-bank products. It reduced the unfair practices of loan companies, which allowed potential borrowers to gain more confidence in this type of institution.

Non-bank loans have the advantage over bank loans that they are not subject to the necessity to complete many formalities. It is true that amounts as high as 25,000 can not usually be obtained in 15 minutes, but loan companies have much less stringent requirements for their clients than banks.

Installment loans are an attractive alternative to payday loans. They can be repaid in many convenient installments. Some lenders offer the possibility of spreading their liabilities even for 48 installments (4 years). The amount of the installment can be determined so that it does not constitute an excessive burden on the household budget.

What we usually take out installment loans for:

  • buying a new car,
  • holiday trip,
  • starting a business,
  • apartment renovation,
  • purchase of furniture or home equipment,
  • car repair,
  • device for the reception of, for example, weddings, baptisms, communions.
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Line of loan Thu, 21 Mar 2019 05:00:53 +0000 Read More "Line of loan"]]>

If we talk about the advantages of loans, it is impossible to omit the credit lines. The impact that these programs have had on the economy is excellent and has allowed thousands of families to overcome the economic problems and achieve the long-awaited stability, or that some young people are able to develop their projects or even study a university career if it occurs the opportunity.

Loan Line

Loan Line

In any case, the line of credit is in itself an incredible advantage with which a person can count if they maintain a culture of payment and a discipline of self-management. It is an economic tool that is worthwhile to own even when it is not used. Now, what is specifically a line of credit, how can we access it and what benefits could it bring?

A line of credit is an amount of money that the bank offers us to satisfy our needs or tastes and which we can dispose of partially or completely at any time. If, for example, I want to buy some shoes but I do not have the necessary cash to do it, nor do I have funds in the bank account but I know that soon I will be paid the fortnight and I will be able to make up for the deficit of the purchase of shoes, then I will use the line of credit to request only that small amount of money, for which I will be charged certain interest rates.

It differs from ordinary loans in that it is not necessary to request large amounts but only the one that we need exactly. We can repeat the same process a few minutes later when we find a dress or a shirt that we find delightful. Now, if instead of being small purchases we need capital to pay us a great trip, then we can also apply for the money and it will be approved instantly up to the maximum amount agreed by the credit line. Without delays or additional procedures, you will have the possibility of obtaining financing directly and easily.

Remember that the amount of money that you can request in a line of credit can be between € 1,000 and € 2,000. Which, as we all know, is a considerable sum and has the ability to supply several types of needs. That is why this modality has been so strong among users throughout Spain. However, the interest rate that you must pay for the requested amounts is a little higher than the interest rate on a quick loan, so we recommend using this line of credit for small purchases, while loans for large capital.

The period in which you can pay this money obviously varies according to each of the agencies that provide this service, but you can find ranges between 61 days and 4 years. This depends a lot on which agency you choose and therefore you should be very aware of the terms and conditions of each and every one of them when making such an important decision. In this same order of ideas, you can find credit lines plans that adapt to your projects and needs, such as credit lines for small and medium-sized companies or lines of credit for the entrepreneur or individual, etc.

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How risky are long-term car loans? Sun, 17 Mar 2019 05:38:30 +0000 Read More "How risky are long-term car loans?"]]>

Main Street and Wall Street are two different worlds and the inequality between them is greater than ever. Since the Great Recession, Wall Street has reached record highs, mainly due to the long-term record low interest rates. Main Street, on the other hand, performed less well. If you asked non-investors how they feel about the economy, the vast majority of them would complain. While equities have recovered from the Great Recession, the rest of the economy has not. Even if you look at many government companies, you will find that there is a lack of revenue growth and a lot of share buy back to make the stock prices rise higher. How does this fit in with long-term car loans?

Demand for new cars was low during the Great Recession. To stimulate the sale of new cars, lenders started pushing long-term car loans. By doing this, consumers who had previously taken out a loan on a used car started taking out loans on shiny new cars. It’s just too tempting for many consumers and car salesmen want to push more expensive cars because they make higher commissions. The problem is that long-term car loans lead consumers to live beyond their means. (For more: Bad Auto Loans – The Other Subprime Disaster.)

Living outside of your means?

Living outside of your means?

When a consumer takes out a long-term car loan, they are intrigued by the lower monthly payments, but they really pay much more over the duration of the loan because of the higher interest rates. And the problems don’t end there. Most car manufacturers offer a five-year manufacturer’s warranty. If a consumer concludes a long-term Fanny Hillening that is longer than the standard 60 months, then that consumer is on hook for any transmission or engine repairs, which can be financially devastating. Another negative point is that technology and safety features will improve in the course of a long-term car loan, but consumers will be stuck with old technology. (For more information, see: New Wheels: Lease or Purchase? )

Long-term car loans have higher standard rates than traditional car loans. With a long-term car loan, the debt increases and some consumers are submerged – paying more than the value of the car. A car is a depreciation asset. That is why you want to pay off the debt as quickly as possible. The only exception is if a consumer can find a long-term car loan at a very low interest rate. This is rare. (For more information, see: Buying a car: the worst investment? )

Longer loans

Longer loans

Long-term car loans – which were longer than 60 months – were rare. Now they are used to. The average car loan is now 67 months and about 30% of all car loans are 72 months or more. American car sales have been high due to these trends.

Simple lending practices almost always lead to problems. In this case, many consumers take out more debts than they can handle. That capital could have been taken to a house (a valuable asset), a retirement or an emergency fund. (For more: The real cost of owning a car.)

The bottom line

The bottom line

Long-term car loans may offer lower monthly payments, but consumers pay higher interest rates, leading to higher total costs. All repairs required after the warranty fall under the borrower’s responsibility and the trade-in value of the car will be much lower if the loan is complete. All consumers must adhere to a maximum car loan of 36 months, even if that means buying a less impressive or used car. This is the financially responsible approach, and any saved capital could be directed towards a purchase, retirement or emergency fund. (For more information, see: Why you absolutely need an emergency fund .)

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Calculate the monthly payments of your consumer credit Sat, 02 Mar 2019 21:25:04 +0000 Read More "Calculate the monthly payments of your consumer credit"]]> credit

Refundability: Anticipating the calculation of monthly payments

Refundability: Anticipating the calculation of monthly payments

To avoid bad surprises and move towards good credit without losing a minute, do not be afraid to anticipate. Although the repayment may seem low on a monthly basis, do not rely too much on time to make a large loan go unnoticed.

Overall, it is strongly discouraged to repay more than 33% of his income every month. A single individual who accumulates a monthly net income of 1400 € should not, for example, repay more than 462 € per month. This monthly payment will, of course, depend on the constraints of the borrower, the amount of any rent or repayment of a mortgage. Pensions, pensions and other income will also have to be taken into account.

From this very personal calculation, the borrower can get down to business: credit simulation!

How to calculate monthly payments?

Calculate the actual monthly payments of a credit-induced to know its total amount, namely the amount borrowed added to the total amount of interest (APR). 
This interest rate is in the form of a percentage and has an annual value. It encompasses the various costs of the credit institution.

To know its average monthly payments starting from an annual rate, it is necessary to start by calculating the total amount of the credit. For example, for a credit of € 10,000 subscribed for over 48 months, the annual rate of which is fixed at 3.50%, the following simplified calculation should be carried out: 
10,000 x 3.50% = 350 € annually. The credit is spread over 4 years (48 months), it will multiply 350 € by 4 to get the total cost of interest or 1400 €. 
The monthly repayment will, therefore, include these interests + the amount borrowed divided by the number of months, ie 11 400/48 = 237,50 €. This figure corresponds to an average and simplified monthly payment. The true calculation is more complex and takes into account other criteria.

Simulation of monthly payments: online calculation forms

Even simpler than the manual and approximate calculation of your monthly payments, the online simulation via an integrated calculator is the ideal alternative to know your monthly repayments even more precisely.

Proposed by the credit institutions, it takes into account all the calculations and is really close to the actual amount. After comparing online the best consumer credit offers and made your choice, a small simulation is required.

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