To borrow money? The perfect project finance solution

Whether it is to meet unforeseen expenses or to finance the purchase of a property well beyond our income, borrowing money helps to get out of trouble. And with the easing of the conditions of access to credit, the room for maneuver is always greater and the advantages numerous.

WHY SHOULD I TAKE OUT A LOAN?

WHY SHOULD I TAKE OUT A LOAN?

Using a loan helps you to calmly face the moments of life when you do not have sufficient financial resources. Better still, this solution is recommended even if you have enough cash. This is particularly the case when it comes to investing in real estate. Banks and credit companies apply rates between 1 and 2%, which is below the profitability of up to 6% which can result from an investment in the rental. As a result, analysts agree to recommend the use of real estate credit, even if we have all or part of the amount of real estate to buy.

But borrowing money is not only advantageous for the acquisition, renovation or construction of housing (to live there or to earn rents). In fact, consumer credit, under its “earmarked loan” variant, helps cover one-off needs such as the purchase of a new car or the replacement of household appliances, without having to wait for savings or draw on them. this. This type of loan is generally contracted with a commercial entity, which supposes an outright cancellation of the contract, in case the purchase has not taken place.

In addition, the personal loan, granted exclusively by a banking or credit organization, without the need to justify the reason, gives total freedom. He can be assigned to any needs or situations. Revolving credit, another type of consumer credit, involves making funds available in the form of a credit card. The borrower can then have this reserve to finance his needs.

BORROW MONEY WITH PEACE OF MIND

BORROW MONEY WITH PEACE OF MIND

The decision to borrow money is often met with apprehension and doubt. The fear of being in over-indebtedness makes many hesitate. However, mechanisms exist and make it possible not to be unable to repay. In order not to get there, it is entirely possible to terminate the credit, under conditions which may vary from one lender to another, but become more and more flexible. Upstream, you can subscribe to a credit repurchase, to group all your loans in one, repayable in different monthly payments, with the possibility of negotiating more advantageous rates.

THE CREDIT SIMULATOR, AN UNWAVERING ALLY

THE CREDIT SIMULATOR, AN UNWAVERING ALLY

Practical tools help you find the borrowing formula that best fits your profile. This is particularly the case with the credit simulator. The latter is indeed an effective solution that helps you access the best offers on the market.

A well-used comparison tool is sure to save you money. And for good reason, the competition of several offers makes it possible to identify the most advantageous. Added to its practicality: no need to move, everything is done online, in a few clicks. In one and the same place, all the opportunities are presented to you, without you having to go around the sites of banks or financial intermediaries.

If you want to take advantage of the credits with the most flexible conditions currently, use our free online simulator, accessible here.

Instant loan without Credit Bureau

With more and more borrowers, the rapid availability of credit is playing an increasingly important role today. Anyone who also wants to benefit from attractive interest rates should definitely take a closer look at the area of ‚Äč‚Äčinstant loans. In addition to the many large commercial banks and savings banks, many online banks are also active on the market today.

They are the ones who lure with instant loans. Attractive interest rates, flexible contractual terms and individual use are typical of many offers. Today, not only are conventional instant loans available, more and more banks are now offering instant loans without Credit Bureau. The instant credit without Credit Bureau is characterized by the fact that a Credit Bureau is not used in the credit check, which makes the loan particularly interesting for people with a negative Credit Bureau.

If you have a negative Credit Bureau, you should primarily use an offer without Credit Bureau, if you compare exactly, you can also look forward to attractive interest rates and individually appealing framework conditions.

Find instant credit without Credit Bureau with attractive conditions – Here’s how

Find instant credit without Credit Bureau with attractive conditions - Here

An instant loan without Credit Bureau is characterized primarily by the quick and easy application. Filling out an application form is usually enough to take the most important step towards a loan. In addition to personal details, the application form also has to provide information about the desired loan, after all, information about income, if applicable with proof of salary, must also be stored.

If the credit decision in the subsequent credit check is positive, borrowers can also look forward to a loan approval. The loan agreement can finally be downloaded, printed out and filled out. After all, the bank’s credit contract has to be sent by post; upon receipt of the credit contract, the full amount of the loan is paid out.

Borrowers looking for the best deal should pay attention to the effective interest rate when comparing. The effective interest rate can be decisively influenced by the creditworthiness, term and loan amount as well as the use. Borrowers who have a high income and opt for a short term and a low loan amount can look forward to particularly low effective interest rates.

Find instant credit through a comparison – The Internet offers numerous possibilities

Find instant credit through a comparison - The Internet offers numerous possibilities

Numerous financial portals on the Internet offer the possibility of making a comparison using a loan calculator, taking individual information into account.

The loan comparison with a loan calculator enables the borrower to take into account individual parameters such as term, loan amount and repayment, in this way the loan search can be significantly restricted and the best offers can be quickly filtered out. Borrowers who fall back on a comparison can permanently call up the cheapest interest and significantly reduce the borrowing costs.

I need a loan. Which loan is best for me?

An installment loan, a personal loan, a cash reserve, etc. It is not always easy to choose from the wide range of consumer loans.

Choosing the right credit for your project

Before applying for a loan, it is always important to find an answer to the following questions. In this way, you ensure that you make the right choice and thus obtain the best interest rate.

Is there a specific loan for the good or service I want to finance?

Is there a specific loan for the good or service I want to finance?

Always first find out if there is a specific loan for your project.

This type of loan comes with a number of benefits:

  • an interest rate that is lower than the one that you would obtain with other loans
  • You can also borrow money for a movable (and not just real estate) property or service

The reason that the interest rate is lower with this type of loan is that the bank takes less risk. The purchased good can be sold, certain services (such as renovation works) cause the value of another good (for example a house) to rise, etc. The bank or credit institution therefore has guarantees in order to recover their money.

The borrower himself also enjoys greater security. Since the loan is linked to a specific good or specific service, the loan will not be granted if the sale of the good (or service) is canceled.

A few concrete examples:

  • if you want to finance a used car, a new or ecological car, the car loan is the ideal solution,
  • for a new or second-hand motor, the motor loan exists,
  • You can apply for a car loan to finance a motorhome or a van. Some credit institutions even have specific loans for this type of vehicle,
  • do you want to carry out work in your home? The credit institutions offer renovation loans and renovation loans in order to realize these. If the works aim to save energy, you can often enjoy more advantageous conditions.

If there is no specific loan, you can opt for a personal loan or a cash reserve.

If there is no specific loan, you can opt for a personal loan or a cash reserve.

You do not have to account for both types of credit: you can borrow an amount and use it for any purpose.

Personal loan or money reserve? You are unsure between both options …

With a personal loan you can borrow a small or large amount. The interest rate and the term are fixed when the loan is taken out. The credit institutions use different names for the personal loan, but often this is actually one and the same product.

A few examples of situations where a personal loan can be interesting:

  • A personal loan is useful for financing decoration works. For example, you can finance new furniture, a new kitchen, paint, new parquet, etc.
  • to finance a marriage,
  • to finance your dream vacation,
  • to finance studies (for example, the registration fee, the rent of a room, the books, a computer, etc.)
  • for the purchase of a television, computer, smartphone, jewelry, etc.
  • in case of setback, for example for paying taxes or other unforeseen costs…

A money reserve works differently: with the money reserve, your reserve is replenished when you repay the money used. This is actually a credit opening where you have money available as long as the contract is running. The solutions offered are very flexible and you can decide how quickly you repay the money. You only pay interest when you use the money reserve. Sometimes you get a payment card with this type of loan, in other cases the money is immediately deposited in your bank account.

A few benefits of situations where a cash reserve can be helpful:

  • to cope with unforeseen circumstances,
  • if you temporarily need cash,
  • when you want to gain money in a flexible way.