Month: March 2020

Payments by credit card are increasing considerably in Belgium

by Samuel Dunn
Borrowing money can be done in various ways, by taking out a credit or, for example, paying with a credit card. The latter is increasing considerably, more and more people are using their credit card. They also do this regularly without the credit facility, it is mainly the convenience of a card compared to cash that turns out to be appealing. However, borrowing money via the credit card is also an interesting option, as it is usually easier than taking out a credit with a bank or other lender.

More payments by credit card

credit card There are more payments per credit card, something that seems to have several reasons. For example, the average monthly amount in 2008 was The developments that Best Bank recently observed show, for example, that we spend more on average with our credit card. $ 139, now it is $ $ 163 to $ 222.179. Furthermore, with the Best Bank Value Card this even increased from Moreover, we now use our credit card around 2.8 times a month, whereas it used to be 1.6 times. The use of the Value Card increased from 4.9 to 5.6x per month. This indicates that there is an increase across the board. This seems to be partly due to the fact that we use our credit card more easily to pay small amounts. After all, the average transaction amount has fallen from $ 83 in 2008 to $ 69 in 2015. In that respect, spending per spending is declining, but the greater number of payments with the credit card means that we are going to pay more with our cards across the board. Remarkably, we do not only use the credit card to borrow money. In addition, there are many people who use the card to pay more easily, without having to take out a credit for it. Compared to 2013, 5% fewer people use the credit facility, they can transfer the costs directly and therefore do not have to borrow money for the purchases they make.

Contactless payment with the credit card

Finally, it is striking that more and more Belgians use contactless payment. This makes it possible to keep the credit card close to the payment terminal. That is enough to pay, it is not necessary to put the pass in the payment device. Depending on the amount, it is necessary to enter a pin code with the credit card.

How to process Online payday loans?

by Samuel Dunn

Online payday loans that can be granted in Argentina

Online personal loans that can be granted in Argentina Complete and updated list of online payday loans that we can request in Argentina although we have a negative history in Veraz. You can request them in a few minutes and without paperwork and return them in flexible installments.

How to apply for a payday loan online

How to apply for a personal loan online The reality in which we live means that more and more people must apply for loans for various reasons. A quick solution to obtain the money we need is to request a payday loan online. This type of loan is increasingly popular given the advantages that it has over traditional loans. If you still don't know much about these credits, you are surely wondering why they are so beneficial and how to apply for them. The steps to follow to apply for an online loan are very simple:
  • Choose a lender with our online comparator to find the best loans. You can filter by quantity and type, and order them by amounts and return period.
  • Enter the chosen website and complete a form with your personal data. Some lenders will require that you first register on their page. This usually involves filling in your email address and creating a password.
  • Request the amount you need and set the return period. You will see the minimum and maximum amounts and you will be able to choose the amount of installment offered by that particular creditor entity. Once you determine the amount and number of installments, you will know the value of each one with the applied interest rates.
  • Awaiting confirmation by e-mail or text message. The lender will verify that your information is reliable in a few minutes and will contact you with an answer.
  • If the answer is positive, within a maximum period of 24 hours, you will receive the requested money in your bank account.

Online payday loan requirements

Online personal loan requirements The specific requirements for online loans vary by lender, however they will generally ask for the following:
  • Be of age.
  • Have an Argentine ID.
  • Being a bank account holder and having a CBU number.
  • Have a valid email address.
  • Provide a phone number.
Other common requirements, depending on the lender, are demonstrable income and a length of work of at least 6 months. Some may even ask you for copies of a service to verify your address.

payday loans without paycheck

Personal loans without paycheck If even if you are working, you do not have a salary receipt that guarantees your solvency capacity, now you can request a payday loan regardless of whether you do not have a registered job, or even that you do not have a job. It is about requesting a type of loan online that does not need you to provide proof of salary receipt and a financing alternative available to all those who cannot present proof of their earnings. However, this does not mean that the entities that grant this type of loan do not check the state of our finances, to ensure that we will be able to face their payment without problems. For this reason, before hiring a payday loan without a paycheck, it would be advisable to compare and analyze what type of financing conditions they offer us. In this way, we will be able to choose the best option, bearing in mind the conditions we have signed.

Is it possible to get a payday loan with Veraz?

Is it possible to get a personal loan with Veraz? Being in the Veraz with a negative situation is generally one of the biggest impediments to getting a payday loan. However, many lenders grant loans online regardless of the applicant's delinquency. Of course, the amounts and the terms of return will be reduced a little, but you will be able to access good opportunities fulfilling some other requirements. All you have to do is use our comparator to find out which creditor delivers these credits. It is very common for the lender that provides loans with Veraz to require some guarantee that you will be able to pay off the debt. The most frequent requirements include:
  • Have a credit card. In addition to the basic requirement of being a bank account holder, you may be asked to have a credit card in your name.
  • Submit a guarantee. You can present a third party as collateral for your loan. This means that if you are unable to meet your financial obligations, the company will ask this person to answer for you.
  • Offer a property title. Some entities allow you to give a material guarantee, such as a car or a house, and if you cannot pay off your debt, they will take possession of that property.
  • Acquire life or surety insurance. Some lenders offer life and surety insurance, the amounts of which are returned with the loan installments. This means that they will have a guarantee in the event of death or that the loan repayment fees cannot be met.

Repayment of payday loans online

Repayment of personal loans online Returning the requested amount in a payday loan online is very simple. Typically, lenders use the CBU we have provided on the application to collect monthly amounts via automatic debit. In this way, they have the security of receiving the money from each installment every month. However, they may offer other means of payment. Many creditors accept credit card payments and offer coupons to pay on extrabank networks, such as Rapipago or Pago Fácil. These means of payment are very useful if we want to go ahead and cancel our debt early. In case you cannot afford a payment, it is best to contact the lender to try to reach an agreement and obtain an extension or extension of the installments. If we consider the consequences for delaying payments, it is the most convenient option. A delay in a payment will mean that interest rates will increase with each passing day. In the long term, our debt will increase and we will have to pay back even more money. Likewise, once 30 days have elapsed since a payment is overdue, the creditor will have the option to register our name in a delinquent file, such as Veraz, and even initiate legal actions to claim the return of the loan. Being listed in Veraz will complicate our financial and commercial situation for at least five years. For this reason, contacting the lender is always the best solution, if we cannot face our debt.

What interest rates carry payday loans

What interest rates carry personal loans Interest rates will be the main expenses that we will have to face. Although they may vary by credit institution, in general, the interest rates are as follows:
  • Annual Nominal Rate (TNA) : It is the interest rate that the bank offers its clients and is calculated at one year.
  • Total Financial Cost (CFT) with taxes : It is the final or actual cost of a loan that includes the interest rate and all charges and expenses associated with the loan.
  • Total Financial Cost (CFT) without taxes: It is the final or actual cost of a loan that includes the interest rate and all those charges and expenses associated with the loan, not including VAT.
  • Annual Effective Rate (TEA): It is calculated from the nominal rate and the number of interest payments and is used to compare the interest rates of loans with different number of periods in the year.
It is necessary to take into account that the interest rates will increase if we appear in the Veraz when requesting a loan. In general, there are no opening costs, but you should make sure to carefully read the contract to make sure that there is no clause that increases interest rates considerably and to know if they will charge you a commission for requesting the credit. This information should be detailed in the total calculation of the amount that you will have to return. Also, it is likely that as a regular customer you will get discounts and benefits, such as better interest rates, extended repayment terms and the possibility of acquiring larger amounts, if you show that you can meet your financial obligations. Regarding early cancellation, it is convenient to finish paying our loan as soon as possible if we have variable interest rates to be able to beat inflation. Also, if you have enough money to pay off the debt, it is best to finish paying it off. In this way, we will avoid any major inconvenience in the event of any unforeseen event.

Advantages of online personal credits

Advantages of online personal credits The main advantages of online payday loans are the following: Convenience and speed. The first point in favor of payday loans is that you can request and receive them without even leaving your home. This means that with just one mobile device you will be able to access all the credits available online and you will not have to go to a commercial office to apply. On the other hand, you will not have to present papers or do long paperwork, since they have few requirements. This is associated with the speed with which they are requested and received. In a few minutes, you will complete a form and you will receive by email or text message the response of the lender after the verification of your data. If the answer is favorable, in the course of the day they will transfer the amount you have requested. Multiple choices. Traditional loans are much more limited since they only give money to those who have a good credit history. In the case of online loans, appearing in the Veraz with a negative situation will not be an impediment to obtaining a credit. In addition, it is also possible to obtain a loan without formal employment. Different lenders offer many possibilities so that there are less inconveniences when it comes to receiving money. Security. Completing the form with your online data is 100% secure since the information will be protected. On the other hand, the bank transfer does not have to worry about receiving the money in hand. Loans available 365 days a year. Without time restrictions, you can request your loan at any time and from anywhere, just by having an Internet connection. Amounts and returns. Online loans offer high amounts, up to $ 200,000, depending on the lender you choose. In addition, you will have return terms that range from six months to more than two years. Use the simulators of the creditor entities to know how much you can ask for and how much to return it to calculate the amount of the installments that you will have to pay

Simulation Social Institute Loans ex Government Agency – Here’s How to Calculate Loans Online

by Samuel Dunn
The simulation of Social Institute ex Government Agency loans is nothing more than an extraordinary, yet simple, tool to see all the details of the loans. But how do you start the calculation? You are in the right place, with our instructions in a few moments you will receive the information you need.

What are the methods for calculating ex Government Agency loans? How the simulation takes place

What are the methods for calculating ex Government Agency loans? How the simulation takes place The simulation of Social Institute loans ex Government Agency is part of the services of the portal of the social security institution Social Institut.  The Social Institute loans, of which we will provide you with the online calculation methods, are the Small loan and the Multi-year direct loan. These are two lines of credit for civil servants and pensioners registered in the unitary management of credit and social benefits. The requirements change according to the loan examined. Let's go back to the question of calculation. A certain path must be followed, starting from the home page of the Social Institute website. First you need to click on the link, shown at the top of the interface, "All services". The service that will allow you to carry out the Social Institute loan simulation ex Government Agency is called "Public employee management: simulation of the calculation of small loans and long-term loans". To search for it, you can scroll through the list sorted by alphabetical criterion or use the filters, which are the type of user, theme and text. Once on the simulation page, you can ascertain the aspects of the refund. At your disposal there are three simulation systems, from the more generic one, which gives you a general perspective on the loans you can access, the simulations defined with respect to the installment or the sum of the loan. However, you can check what the credit return conditions will be: installment, rate, durations, sums, net and gross values, expenses.

What Ex Government Agency Loans Offer: Affordable Fixed Rates

What Ex Government Agency Loans Offer: Affordable Fixed Rates But why should you apply for the small loan ex Government Agency? It is an Social Institute proposal that allows you a convenient refund. The fixed rate is 4.25%. The request allows you to receive amounts up to eight times the salary. The direct multi-year loan is tied to certain uses, such as the purchase or construction of the first house. And for the badger? Once again the rate is fixed but more contained than the Small loan: 3.50%.

Facilitated Credit With 3.5% Rate. All the Government Agency Advantages Ten-year Loans

by Samuel Dunn

What are ten-year loans

What are ten-year loans The management of public employees of Social Institute takes care of providing the services dedicated to ex Government Agency members. Among the various services aimed at pensioners and employees of the public administration we find Government Agency loans, loans granted at subsidized interest rates compared to those offered by the traditional banking circuit. Government Agency subsidized loans, disbursed by the Social Institute (Unified management of credit and social benefits) loan, are divided into multi-year loans and small loans. Small loans have a maximum duration of 4 years, while multi-year loans can have a five-year or ten-year amortization plan.

The requirements

Who can get ten-year Government Agency loans? The ten-year multi-year Government Agency loans are accessible to all subjects registered for the unitary management of credit and social benefits for at least four years. In order to obtain funding, applicants must also have a length of service useful to the pension of not less than four years. Government Agency ten-year loans can be applied for by both pensioners and employees of the public administration hired with an open-ended employment contract. In the event that a public employee with a fixed-term contract applies for the loan, however, it is still possible to access the credit. In this hypothesis, in fact, Social Institute grants, when possible, extensible long-term loans during the period of validity of the employment contract. However, this possibility is only dedicated to civil servants with a contract of no less than three years.

Purpose of ten-year loans

Purpose of ten-year loans Government Agency multi-year loans are granted only in the face of an effective and documented personal or family need of the member, falling within the cases provided for by the Government Agency Loan Regulations. Among the various purposes of Government Agency ten-year loans we find the purchase or construction of the house destined to become the residence of the member. Loans are also granted to finance extraordinary maintenance, restoration, building renovation or conservative restoration of the house owned or in bare ownership. Ten-year loans can also be obtained for the redemption of public housing, or owned by public bodies, already leased, as well as for the acquisition of a cooperative house, or by a cooperative consisting of tenants of houses of public bodies in course of disposal. Those who apply for credit for early repayment or the reduction of a mortgage loan signed by the former Government Agency member or spouse also have access to ten-year Government Agency loans. Ten-year loans are also granted for serious illness of the applicant's family members or exceptional cases not foreseen in the Government Agency loan regulation, but socially relevant and which require a significant economic commitment.

Rates and charges applied to loans

Rates and charges applied to loans As regards financing costs, an interest rate of 3.50% is applied to the ten-year Government Agency loans for the entire duration of the repayment plan and a rate of administration costs of 0.5%. The loan is also subject to a share for the Social Institute Risk Fund, which varies according to the age of the applicant at the time of signing the contract.

Presentation of the application

But how to apply for the loan? The Government Agency application for ten-year loans must be completed using the appropriate form, available in the "Forms" section of the official Social Institute website (path: Home - Forms - Management of Public Employees - Request for services - Credit and social services). The Government Agency application for ten-year loans must be accompanied by documentation certifying the applicant's state of need, which varies according to the purpose of the loan, and a medical certificate attesting to the applicant's sound physical constitution. The certificate must have been issued by a medical officer in service or by a doctor of the ASL no later than 45 days before the date of submission of the application. Finally, as regards the presentation of the loan application, this must be sent electronically. Civil servants must therefore contact the administration they belong to, while retirees must use the special online service.