roaringshrimp.com http://www.roaringshrimp.com My WordPress Blog Tue, 12 Mar 2019 13:17:06 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.4 Credit despite 2 loans – all offers for further loans – long term http://www.roaringshrimp.com/2019/03/12/credit-despite-2-loans-all-offers-for-further-loans-long-term/ http://www.roaringshrimp.com/2019/03/12/credit-despite-2-loans-all-offers-for-further-loans-long-term/#respond Tue, 12 Mar 2019 13:17:06 +0000 http://www.roaringshrimp.com/2019/03/12/credit-despite-2-loans-all-offers-for-further-loans-long-term/ Continue Reading "Credit despite 2 loans – all offers for further loans – long term"

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Additional credit, despite 2 loans that are already running, will you feel unwell? Are you wondering if such a credit constellation can be approved, or are you interested in alternatives?

We give you a comprehensive impression, so that you will decide individually right. Constellations are presented in which several parallel installment credits are unproblematic and problem cases. – Appropriate solutions and possible loan offers.

Credit despite 2 credits – variety of omens

Taking credit despite 2 loans, should basically make everyone ponder. Fulfilling multiple loan commitments at the same time can lead to the credit trap. Once in the dilemma, there are only a few ways out. But it is also clear that nobody willingly takes on unnecessary loans. There are always good reasons why additional credit from the current situation seems indispensable.

Only the bottom line must be the bill. There must be enough free cash left to continue living an orderly life. Not to forget free resources for provisions. The emergency, which calls for a renewed additional credit, such as a total loss of the vehicle, can always lurk on everyone. Staying fit to act even though loan rates are paid on time remains top priority.

In principle, additional credit requests to banks are welcome as long as the personal credit line has not been exhausted. Credit despite 2 loans, which are already running, is thus basically no problem. In many households with self-acquired home ownership, different payment obligations for current loans are even the rule. In most cases, a guilty conscience would be inappropriate.

No one could accuse homeowners who pay house and car on time to act irresponsibly with credit for roof repair. Probably uses the homeowner from the example also his Dispo. Together with the maintenance loan, it would be four loans. Only in the budget, the credit must always fit securely. Does not work out, for the everyday money needs, the remaining money only just enough, should be thought about alternatives.

Rescheduling and Credit Lending – Keep Finance Under Control

Taking credit, as the example of the weeping roof shows, is not always avoidable. So that the monthly installments do not get out of hand, additional long-term installments do not offer the optimal conditions. The necessary “order in the finances” remains, if instead of credit despite 2 credits a debt restructuring would be carried out. Existing loan commitments and additional loan requirements are included in a new loan amount.

Since the debt rescheduling loan is a brand new loan, not only the loan amount, but also the rate can be readjusted. Appropriately financed in small installments as debt rescheduling, the higher debt burden remains well tolerable. Modern loan conditions allow the debt repayment loan with small installments, by free special repayment in any amount, but still quickly pay off.

If the household budget allows for high repayments, the term of the loan will be shortened. Another advantage of this alternative to credit despite 2 loans is the clear overview. Only one rate will be charged. Another alternative is to increase an existing loan. If the original loan amount of the old loan were not exceeded, the installment amount to be paid will remain approximately the same. It only has to be paid longer.

Additional credit – correct timing

If additional credit needs arise at the right time, then additional borrowing is the right decision. Timing is easy when one of the old loans or both existing loans are almost paid off. Anyone can survive a short phase of “suffering”. If the additional installments only run for a few months at a time, neither the expense of a credit increase nor a rescheduling is worthwhile.

Clearly everyone should be in this situation only, the next months will determine “narrow hans” the kitchen plan. The budget will be sewn on edge by the additional payment obligation. The goal of the last installment for the old loan firmly in mind helps to endure the austerity. Given the threat of rising interest rates, borrowing at the current time might even be exactly right.

After a long period of low interest rates, the decision to loan despite two loans could even become an interest-rate model. Even lower than today, the experts agree on an exceptional basis, the interest rate level for consumer credit will not be able to fall. Only the rate hike is expected.

Serious loan offers with a tight budget

Serious loan offers with a tight budget

With every additional payment obligation, the budget surplus required for lending declines. Which lending conditions must be met exactly, each credit institution sets itself for themselves. A single point of contact for any credit that can be approved by lenders is provided by Creditend. Bank Credit’s extensive free loan comparison will help most borrowers find what they are looking for.

Fear of additional fees for brokering bank loans via the credit comparison is inappropriate at Creditend. Although the portal provides professional loans, a fee for the successful brokerage Creditend calculates only for the loan from private.

In difficult cases, for loans in spite of 2 loans, it is possible within the credit portal to make reputable contacts with private investors. Private investors, mostly retail investors, are more risk-averse in their lending decisions than banks. The human decision-making component, the gut feeling of the investor, makes loan approvals possible that would not be expected of banks.

 

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Payday Loan Consolidation: Remortgage loans http://www.roaringshrimp.com/2019/02/27/payday-loan-consolidation-remortgage-loans/ http://www.roaringshrimp.com/2019/02/27/payday-loan-consolidation-remortgage-loans/#respond Wed, 27 Feb 2019 11:24:20 +0000 http://www.roaringshrimp.com/2019/02/27/payday-loan-consolidation-remortgage-loans/ Continue Reading "Payday Loan Consolidation: Remortgage loans"

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Consumers can borrow not only for acquisitions but also for rescheduling. In this case they replace existing liabilities with a new bank loan. In the case of debt rescheduling, the loan settlement differs in part from the usual practice for ordinary consumer credit. The bank paying off the debt rescheduling requires the certainty that its client will actually use the money for that purpose and not for any further purchases.

When is the rescheduling of existing loans useful?

In most cases, when rescheduling, consumers want to replace loans that carry high interest rates. Another reason for replacing current liabilities is that the current lender has rejected the desire to extend the term. Credit institutions occasionally suggest rescheduling in their advertising for the sole purpose of aggregating various existing loans into a single liability. However, without interest savings and without a reduction in the monthly loan installment, the rescheduling of existing loans does not provide the consumer with significant benefits.

Before applying for a debt rescheduling bank customers not only compare the terms of the loans offered, but also calculate the actual savings after the deduction of any prepayment interest. For financial reasons, rescheduling the loans makes sense if the compensation payable for the early repayment of old loans is lower than the future interest savings. This is mostly the case with existing loans taken many years ago due to the interim cut in interest rates. A secure savings option is provided by existing loans for which the loan agreement expressly provides for the right to premature redemption free of charge.

The procedure for rescheduling

The procedure for rescheduling

First of all, it should be examined whether the rescheduling of the loans should cover all existing liabilities or whether individual existing loans can be exempted. This decision can not be made by consumers on all debt rescheduling loans, as some banks give them firm guidance. It is common to include in a rescheduling the loans that are not associated with a discounted interest rate.

Thus, in most cases, real estate financing, a car loan, any promotional loans from Intrasavings Bank and retail payment arrangements are not taken into account when rescheduling the existing loans. The inclusion of partial payments on the credit card account and the disposition credit also do not require all banks lending for rescheduling. However, due to the above-average interest rates on current accounts, it is always advisable. The information about existing loans is obtained by the bank selected for rescheduling from the private credit information, while it asks for the debit balance of the credit card account and the checking account with the borrower.

The transfer of the loan amount is carried out in a rescheduling not on the bank account of the borrower, but in installments on the existing credit accounts. This transfer method ensures that the borrower actually repays the specified loans with the new loan. As individual credit card issuers do not accept payments from third parties, a transfer to the applicant’s bank account will be made in the appropriate cases. Of course, this also includes the partial amount determined for the settlement of the disposition credit and a possible top-up amount.

It is common and often necessary for consumers to rebuild their loans as part of debt rescheduling, as most banks only lend out thousands of dollars in loans. A higher amount increase is usually also possible. In the case of rescheduling, as with all other loans, the Bank uses its revenue and expenditure account to check whether the borrower can pay the monthly installments from his disposable income. Should he desire a higher top-up amount, the likelihood of a successful loan application increases with maturity, as it reduces the monthly repayment installment.

What consumers pay attention to when rescheduling

Almost all consumers who repost existing loans make a price comparison and choose a cheap loan. Some banks have special offers for loans that serve to restructure debt. These involve bank customers in their credit comparison. However, the special loans for the debt restructuring of existing loans are not necessarily cheaper than the cheapest flexible loan offer without earmarking.

The interest rate is the most important, but not the only criterion when selecting a loan offer for debt restructuring. Equally important is the greatest possible flexibility of the repayment agreement. This entitles the holder to unlimited or at least substantial special repayments without any prepayment interest being charged and at the same time to the permission for an occasional installment suspension or for the modification of the repayment agreement during the term.

This should be long enough for the monthly repayments to be low. It does not make sense, after a rescheduling of the loans, including the repayment of the disposition credit, to reclaim it for the payment of the due installment. This can be avoided by the borrower deciding on a sufficiently long repayment term.

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All you need to know about your first home loan http://www.roaringshrimp.com/2019/02/20/all-you-need-to-know-about-your-first-home-loan/ http://www.roaringshrimp.com/2019/02/20/all-you-need-to-know-about-your-first-home-loan/#respond Wed, 20 Feb 2019 17:12:03 +0000 http://www.roaringshrimp.com/2019/02/20/all-you-need-to-know-about-your-first-home-loan/ Continue Reading "All you need to know about your first home loan"

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We have finally decided: we buy a house. We begin to study the real estate ads, we take the first appointments for visits until we find what it does for us: we like it and the price is compatible with our situation, even if we still need a mortgage.

Your first home loan

Your first home loan

Choosing the house, it’s time to choose the bank. It is important to compare the offers on the market, to find the best one.

Once the bank is found, we send our loan request, indicating the income of the family unit, the value of the property we want to buy, our purchasing power and any additional guarantees.

If the bank positively evaluates our request, we must provide additional documents (different depending on whether we are employed or self-employed).

At this point you can proceed with the signing of the contract: do not forget to read all the information it contains, with particular attention to incidental expenses and the Taeg, the annual percentage rate, which allows us to understand how much will pay the installments that we will have to repay. It is at the time of stipulation of the contract that, generally, a mortgage is also established on the property being purchased : in this way the bank protects itself in case of non-return of the amount paid.

There are also discounts for the purchase of the first house. Because a property is considered first home, it does not have to be a luxury property; the buyer must be a natural person, must not own another home in the territory of the municipality where the property is to be purchased and must not have previously benefited from the facilities for the purchase of the first house; the buyer must also move his residence in the municipality where the property purchased is located within 18 months from the deed.

If the house is purchased with these facilities, it is also possible to deduct the interest payable on the loan (19% of the cost incurred as interest expense) and the municipalities, at their discretion, can apply the deduction of the Tasi.

And let’s not forget: a good credit rating and careful management of debt will allow us to repay installments in peace. Advanti 365, with its dedicated consultancy, can be an important ally.

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