Consumer bankruptcy as a way to pay back the loan

This saying is reflected in the issue of loans and advances. Mortgage loan for an apartment, cash loan for a car, online loan for television and another payday loan for a trip abroad, and then another loan for repayment of installments of previous debts – it is not difficult to fall into a spiral of debt.

However, it should be remembered that if the debtor leads to insolvency or significantly increases its degree intentionally, or as a result of gross negligence, the court dismissed the application for a declaration of consumer bankruptcy. And this is one way to get straight after a period of significant financial problems.

Consumer bankruptcy is a way to pay back loans online

Consumer bankruptcy is a way to pay back loans online

Many people have long wondered whether 24/7 online loans are a safe way to get cash, but sooner or later they are reaching for it anyway. The ease of obtaining them and full freedom in managing cash means that we take them often and for any reason. After all, there is no better way to finance small expenses than an online loan.

And this is a simple path to destruction and the beginning of a spiral of debt. An unpaid cash loan is a good reason to take another loan. However, this is no way out of the stalemate – the debt is growing and we cannot afford to pay it back. Consumer bankruptcy may be a much better solution.

Taking such a step is for many a difficult decision, even a last resort, but not always directly due to the debtor’s fault. Taking further cash loans online will not solve our problem in any way (learn the pros and cons of online loans), on the contrary – it will aggravate our troubles.

Therefore, when for various reasons you are no longer able to pay your debts, it is possible to apply for insolvency proceedings.

Online loan repayment thanks to bankruptcy – how does it work?

Online loan repayment thanks to bankruptcy - how does it work?

You may be wondering now what consumer bankruptcy is and how you can declare it if you are not running a business. We are already in a hurry to answer. The consumer bankruptcy idea is that instead of individual litigation and enforcement leads to the accumulation of creditors’ claims in one proceeding.

Then, all or part of the debtor’s assets is liquidated (sold) to satisfy creditors’ claims. As soon as bankruptcy is declared, the debtor loses the freedom to dispose of the assets he has accumulated.

Who can file for consumer bankruptcy? It is provided for natural persons, i.e. those who do not run a business, and their material status does not allow repayment of loans and credits previously drawn. Permanent insolvency arises due to the lack of repayment of current liabilities, however, it must last at least three months.

It remains to answer the question of how to declare consumer bankruptcy. All you have to do is fill out and submit an appropriate application to your local district court. The cost of submitting such an application is USD 30.

At the time of declaration of bankruptcy, the calculation of interest ceases, and therefore our obligations cease to increase automatically.

What happens to an online loan after bankruptcy?

What happens to an online loan after bankruptcy?

This is another question that arises before the decision to declare consumer bankruptcy. It should be emphasized right away that the declaration of consumer bankruptcy will not make every cash loan or loan magically disappear. As already mentioned, the debtor’s assets will be cashed and sold for debt repayment.

A special case is a mortgage in which the mortgage continues, even despite the declaration of bankruptcy. It seems, therefore, that an online cash loan without certificates is a good way to solve financial problems, but this is just a pretense. As a result, it will only increase our debt and make it difficult, and in extreme cases even impossible, to go straight.

In addition, taking a cash loan without certificates exposes you to gross negligence and inability to insolvency proceedings, it is worth remembering.

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Bills of exchange between individuals: 5 tips to follow before signing a loan.

The first thing you need to do

The first thing you need to do

When you need a loan, large or small, the first thing you think about is to ask a bank or a financial one. Very often, however, not all the requisites required by a financial institution to fulfill the payment of the installments are met.

These requirements may relate, for example, to what you have (an open-ended contract, demonstrable pay slips, ascertained income, presentation of a guarantor, etc.) or previous conduct with other loans. In the latter case, in particular, if you are protested or entered by the Crif in the bad payer registers, you will not get a loan from a bank so easily (with some exceptions).

So what to do? The solution could be that of loans exchanged between private individuals, who see two private individuals as protagonists, both on the creditor’s and debtor’s side. However, what differentiates these loans from a simple personal loan is that they are gradually extinguished through bills of exchange.

If you are interested in this type of loan, here are five tips not to go wrong.

If you are interested in this type of loan, here are five tips not to go wrong.

    1. Contact an absolutely trusted person

      Let me be clear, it is not a question of dictating absolute rules, but in general the first advice that can be given to those who are about to apply for a loan changed by a private individual is to contact a trusted person, with whom they are linked by a sincere relationship of esteem, friendship or kinship. This will ensure that no surprises arise, especially in terms of collection. It is clear that since the bill of exchange is an executive debt, it secures the creditor, who will still be able to collect his debt, but less the debtor, who will also be able to have his assets seized.

    2. If you are looking for the lender online, consider the risks well

      As with all aspects of life that surround us, loans changed between individuals can also be found on the web. There are in fact special blogs that collect the requests of those who need a loan and put them in contact with the offers of the lenders. If you choose to follow this possibility, be careful to carefully evaluate each risk and ensure that you are faced with a serious lender. Then there is the distance to consider, for the collection aspect: if you live in Rome, what sense does it make to accept a relationship with a lender or debtor who lives in Palermo, or Milan?

    3. Attention to the request

      When applying for a loan promoted by private individuals it is true that there are no limits on figures, but it is also true that what cannot be repaid will be foreclosed by the creditor. It is therefore appropriate to reserve this method of credit for situations of real need.

    4. Punctuality in payments

      These loans are often disbursed in cash, delivered directly by the creditor to the debtor, also at home (see Loans exchanged at home). The latter undertakes, precisely through bills of exchange, to settle the debt by a certain date. Once the debt has been paid, the bill of exchange is returned, which at that point will have the value of a receipt. It is important to be punctual in payments: the protest, in fact, starts after being certified by a public official, notary or bailiff and immediately becomes executive.

    5. Formalize the loan

      Finally, if you are on the side of those who lend money using the bills method, the loan should be sealed by a private agreement. In this way the lender formally undertakes to grant the sum of money and the debtor to pay all bills.

Why is it better to avoid loans for a promissory note?

When borrowing money for a promissory note, you must ensure that the amount entered in the promissory note corresponds to the loan on the contract. The borrower bears the greatest risk with blank bills of exchange for which there is no amount. It is supplemented by the lender on its own

Bill of exchange in Polish law

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In the provisions of the Bill of Exchange Act of April 28, 1936, you can find the exact conditions that must be met by a promissory note. This is a security that secures repayment, among other loans.

According to the law, a promissory note, in the absence of repayment of a financial liability, allows you to assert your rights effectively on the court and by enforcement.

The promissory note document should have a written form.
In art. 1 of the aforementioned Act, it was specified that the bills of exchange must contain the elements:

  • determining that it is a promissory note (in the language in which the promissory note is issued),
  • order for unconditional payment of a designated sum of money,
  • the surname of the person obliged to pay (drawee),
  • designation of the payment deadline,
  • designation of the place of payment,
  • name of the person on whose behalf or on whose behalf the payment is to be made,
  • date and place of issue of the bill of exchange,
  • bill issuer’s signature.

There is also a blank promissory note whose characteristic is the lack of indication of the amount of the liability. Such security gives the possibility to pursue any amount of liability and constitutes a serious threat to the drawee.

The loan is secured with a promissory note

The loan is secured with a promissory note

With low creditworthiness, lenders must bear the high risk of not repaying a financial liability if they decide to grant it to the borrower. However, they can be offset by various types of repayment security, e.g. bill of exchange.

A promissory note loan will secure the interests of the lender, but it can be risky for the borrower. It all depends on what bill we will deal with. If it is a blank promissory note, in practice the customer will sign it without a specified amount of the commitment. In this way, dishonest lenders can gain a lot.

In accordance with the law, they could then enter any amount on the bill of exchange, which may significantly exceed the value of the loan granted. Even referring the case to court will not do anything to the client.

The court will only check that the promissory note submitted meets the formal requirements. At the same time, it will not analyze the legitimacy of indicating the bill of exchange such and not another amount.

Burn loan installments by up to 30%. 

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Therefore, you should be careful which promissory note is signed when borrowing. When deciding on a blank promissory note, the borrower even risks losing all of his assets.

Legal changes in non-bank loans – what will change?

In December 2016, the Ministry of Justice announced the preliminary assumptions of changes regarding the so-called anti-usury regulations.

A significant reduction in the limit of acceptable borrowing costs

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These changes assumed, among others, a significant reduction in the limit of acceptable borrowing costs. The proposals of the said ministry were radical enough that they met with resistance from other members of the government.

About two years after the fiasco on reducing the cost of “moments”, the Ministry of Justice again announced its intention to regulate the loan market. We decided to check whether the proposed regulations could severely hit the Polish loan industry.

Of course, it is worth remembering that for the time being, we are talking about initial solutions that have not yet been approved by the government.

The new limit on the cost of “moments” is to be slightly lower

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Overly restrictive cost limits for consumer loans were the reason that the previous plans for additional regulation of the loan market have fallen into the back. It is worth recalling that at the end of 2016, the Ministry of Justice wanted the maximum non-interest cost of consumer credit to be:

  • 10% of the amount borrowed (commission)
  • 10% of the amount borrowed per year (other costs)
  • 75% of the amount borrowed throughout the repayment period

60 loan companies in one place. 

These rates were much lower than those still in force today. Under current regulations, the commission for granting a loan may not exceed 25% of its value, and other non-interest costs should not exceed the 30% threshold per annum (see Article 36a of the Act on consumer credit).

All non-interest costs (throughout the loan period) cannot currently be greater than the loan amount.

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The cost restrictions proposed by the Ministry of Justice at the end of 2016 were so radical that even banks and credit unions started looking at them with concern.

This time, the institutions mentioned above have no similar cause for concern, because the new regulatory proposal is much milder. This does not mean, however, that the non-bank lender will be satisfied with the plans of the Ministry of Justice.

As part of their initial proposals, representatives of the Ministry of Justice have announced that all non-interest costs of consumer loans (including non-bank loans) will not be able to exceed:

  • 20% of the amount borrowed (commission)
  • 25% of the amount borrowed per year (other costs)
  • 75% of the amount borrowed throughout the repayment period

Burn loan installments by up to 30%. 

cash

If such regulations come into force, the non-interest cost limit for the annual loan will drop from 55% of its value to 45%. In the case of a two-year loan, the same change will be greater.

We are talking about a decrease in the maximum non-interest costs from 85% to 70% of the amount borrowed. According to the proposal of the Ministry of Justice, the non-interest cost limit for a three-year loan is to drop from 100% of its value to 75%.

As for loans for a short period (e.g. 1 month), the main change will be associated with a decrease in the cost limit independent of the time of the loan. Such costs will drop by one-fifth (from 25% to 20% of the amount borrowed).

According to planned regulations, the maximum non-interest cost of a loan for 1 month will fall from 27.5% to 22.1% of its value. As in the case of “moments” for one, two and three years, the companies offering the most expensive loans may be afraid of change.

Without paycheck and without guarantor: is it possible to obtain loans for housewives?

It is not easy for a housewife to obtain a personal loan, since financial institutions require income or working guarantees to grant it, such as a paycheck or contract, or possibly a guarantor. This however does not mean that there are no loans for housewives, on the contrary! Let’s see then what are the best solutions in this regard, and if it is possible to obtain a loan online.

Some guarantees, even if minimal, are necessary

Some guarantees, even if minimal, are necessary

When you ask for a loan from a bank, you know, the more guarantees you can bring, the easier it is to receive the amount you need (see also Bank credit). For a loan for housewives this is even more true: since you do not have a traditionally intended job (even though the housewife is a job in all respects) you need to present a guarantor (a close person who can guarantee the payment of the installments) and it would be preferable to demonstrate an income or savings capacity, such as a checking account or registered properties.

Obviously, then, you must not be reported by the Crif as bad payers and you must not have suffered any foreclosure. In summary, applying for personal loans without a paycheck and without a guarantor becomes particularly complicated (sometimes you can overcome this difficulty by signing bills or promissory notes).

One of the interesting solutions for a loan to a housewife is the request for a revolving credit card (i.e. credit cards that do not provide the balance at the end of the month but in small monthly installments). Obviously the amount granted will not be very high (usually it reaches 1,500 USD), but it can be enough to make purchases for the family or for some unscheduled medical expenses.

Online loans: low amounts and only if you work part-time

Online loans: low amounts and only if you work part-time

A loan for housewives can also be requested online from the bank or finance company when required. In this case, however, there are conditions: the amount requested must be contained (up to $ 3,000) and at least part-time employment is required. If the housewife is unemployed, the personal online loan will become really difficult without the presence of guarantors.

The first condition (part-time job) is however full of alternatives. Let’s say that a housewife needs a loan of 3,000 USD for dentist care and is willing to pay a monthly payment of up to 300 USD. Lite Lender Company allows, for example, a very convenient solution with 18 installments of 179.50 USD with Tan fixed at 9.51% and Taeg fixed at 9.93%. All documentation can be sent online, thanks to the digital signature. Interesting is also the possibility for housewives who work part-time to use the platforms for loans between private individuals.

These are payment institutions, authorized by the Cream Bank, which do nothing but connect with each other those who need a loan with those who can make sums of money available. This occurs after a careful assessment of people’s reliability. To apply for a loan from these platforms  you will need to present an identity document, a demonstrable income (from subordinate, self-employed or atypical work) and a bank or post office account. Once the online request has been accepted, the delivery also takes place online safely and quickly.

If you are unemployed: guarantor or mortgage on some property

If you are unemployed: guarantor or mortgage on some property

What if you fall into the category of unemployed housewives? Here the banks, although softened in recent years, lend sums only if there is the presence of a guarantor for the housewife (such as a son or another close person).

Alternatively, you will have to prove that you have rents (perhaps from some rental of apartments or estates) and that you have a checking account or a savings account (because maybe the housewife has a job in the dark). The last alternative could be to place a mortgage on a property: on one’s home or on other possessions.

Installments 0 – all loan offers with a 0 percent installment

Is it possible to buy a washing machine, TV or installment computer without paying anything above the price of the device? It turns out that the most. 0 percent installments, available in many electronics stores or furniture stores, also encourage customers to make shopping decisions, buy more and more often. What exactly are zero percent installments?

Installments 0 percent – is it possible?

Installments 0 percent - is it possible?

Seeing the poster in bold letters “Promotion 0 percent installment” or “Real installments 0 percent”, the consumer begins to wonder if it is possible that he will buy a computer or a fridge in installments and will not pay any interest? It turns out that, in fact, 0 percent installments are not a marketing ploy, although you can’t deny them that they are effectively attracting the attention of consumers.

What are the 0 percent installments? On the fact that the bank or loan company does not charge interest. The nominal interest rate for such an installment loan should be 0 percent.

In fact, the real 0 percent installments are that the borrower repays his debt without interest, i.e. he should pay back to the lender or lender exactly the same amount he previously borrowed.

Installment loans 0 percent in loan companies and banks

Installment loans 0 percent in loan companies and banks

Knowing that 0 percent installments allow you to buy home appliances and electronics without having to invest in your savings, you should think about who will grant a loan with real installments without interest. If we are interested in getting a 0 percent installment loan, where can we get it?

Both non-bank companies and banks have such an offer for Polish consumers. In the first case we deal with 0 percent installment loans, and in the second case – loans. Most often, you can apply for zero percent installments directly in home appliances, electronics, building materials, and furniture stores, as well as at some loan companies.

When buying household appliances, computers or furniture, we deal with interest-free installments, which are in fact offered by banks cooperating with sellers. Therefore, when purchasing in installments in such places, we really sign a loan agreement and we have to meet it in accordance with the arrangements made.

Not everyone has the opportunity to make such a commitment. The zero-percent installment promotion in the bank is not available to consumers who:

  • they don’t have enough creditworthiness,
  • they do not have a stable income from reliable sources,
  • have a negative credit history at the Credit Information Bureau.

On the other hand, loans with 0 percent installments can be used for any customer loan purposes, and the procedure for obtaining them is much less demanding and complicated compared to a bank loan. Loan companies often encourage new customers to take advantage of their offer, offering them 0 percent installment loans.

This is a one-time offer, so using it means that the consumer will not be able to incur liabilities with zero percent installments again in the same loan company. Can I use the 0 percent installment loan offer online? By all means, lenders grant loans in installments to clients who meet the requirements, verify their identity and submit an appropriate loan application.

Generally, buying 0 percent installments online, you have to reckon with the fact that real purchases will reach us in a prolonged period because the goods must be sent from the online store to the address indicated in the order.

Do 0 percent installments mean a free loan?

Do 0 percent installments mean a free loan?

Real 0 percent installments consist in the fact that the bank or loan company does not charge any interest when granting the client an obligation. Therefore, the borrower returns in monthly or weekly installments exactly the amount he borrowed. Therefore, if the 0 percent installment promotion leads to a USD 2,000 loan for 4 months, the customer should pay USD 500 to the bank account indicated on a monthly basis.

Installments 0 percent – how not to be fooled?

When signing a loan or credit agreement as part of a 0 percent installment contract, you must carefully check the terms of repayment. Some financial institutions can only seemingly grant 0 percent installments.

Sometimes installments are not supplemented with interest, but this does not mean that the loan is completely free. Banks and loan companies may add costs to the client:

  • commission for joining the committee,
  • for examining the application,
  • Insurance,
  • use of additional products.

As a result, the 0 percent installment promotion ceases to mean that we take out a loan for free. We can find out whether it is paid and to what extent by controlling the APRC level.

Instant cash and loans for Christmas – where in 2016?

The pre-Christmas period is the real harvest for banks and loan companies. The GFI data show that in December 2015 and January 2016 the value of consumer loans to households increased by 907 million USD. It can be assumed that loan companies also achieved very good results at the same time.

This year, again, we can expect increased interest in Christmas loans. People who need cash to finance December expenses can certainly not complain about the choice of consumer loans, non-bank loans, overdraft facilities, and credit cards.

Compared to last year, the possibility of borrowing cash for free has increased. Increasing competition between loan companies means that a free instant with a value of USD 1,500 – 2,500 is not something extraordinary.

You can borrow up to 2500 USD without fees or pay off the debt after 60 days …

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A quick internet loan is the first solution a person looking for a way to finance Christmas expenses can come to mind. It is hardly surprising because the moments are best suited to the needs of people surprised by the sudden expenses.

After analyzing the market for these loans, it turns out that more than twenty different companies and brands are currently offering a free moment for a new customer (see the table below). People looking for a quick Christmas loan should pay close attention to the suggestions:

  • Good Finance (advantages: free loan of up to USD 2,500, low cost of subsequent loans, no required income declarations)
  • Honest Bank (advantages: free loan of up to USD 2,000, repayment period up to 45 days, no required income declarations)
  • Across Lender / Cash Register YES! / Often (advantages: free loan of up to USD 1,500, repayment period up to 60 days, no required income declarations)

It is also worth checking out other loans, which have been distinguished in the table below due to the high limit of the amount available for the free or long repayment periods. In search of the right moment, I can also help Malcolm rankings.

Loans with very low cost of the first loan

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People interested in spreading the Christmas debt over a longer period than e.g. 2 months should look at the offer of such loan companies/brands as, for example:

  • Cash Immediately (loan with a value of 1000 USD – 5000 USD and repayment period ranging from 13 months to 24 months)
  • eKredycik (loan with a value of 2,000 USD – 7,000 USD and a repayment period of 6 months to 30 months)

Before choosing an installment non-bank loan, it is worth taking a look at the latest ranking of such products, which was made by Malcolm

Some banks are trying to compete online with loan companies

Some banks are trying to compete online with loan companies

It should be emphasized that banks also have interesting Christmas offers. The loan offer of these institutions is good for people who, due to costs or other reasons, do not want to make installment loans outside the bank.

Of course, cash loans granted by the bank will be cheaper than any non-bank loan (excluding free payday loans for new customers). It is worth noting that several banks grant cash loans online quickly and efficiently. This group includes, among others:

A credit card or credit card is for borrowing more frequently

A credit card or credit card is for borrowing more frequently

People looking for Christmas cash, of course, also have other options (e.g. credit cards or personal account loans) to choose from. Before buying these products, however, you need to pay attention to the costs not related to borrowing specific amounts (e.g. annual fee for a credit card or overdraft).

Both credit cards and loans in GFI, due to constant costs are profitable mainly for those customers of the bank who often need additional funds. 

Furniture loans: which alternatives offered by banks.

Sometimes in order to furnish your home or one or more rooms, you need to apply for a loan. Loans for furniture are now also offered by large chains and larger stores, with offers that can sometimes even involve the zero rate formula.

What types are available?

What types are available?

The alternatives can be mainly two:

  • the request for a personal loan, which does not involve the seller;
  • the request for a finalized financing, with the practice initiated by the seller himself.

While the first alternative is free from the size and agreements that the seller can have with the various financial companies, the second will be exploitable only in shops that have a volume of business that will push in this direction.

The Pagodil service also moves in this direction, but it is not a real loan but an extension of payment. It is a solution that can only be used with shops that have a special agreement with Litebank and is free of interest. The installments, depending on the agreements, can vary from six to a maximum of 10. (Source Litebank official website – Date: 8/03/2018)

What rates?

What rates?

There can also be significant differences in the rates applied. As already mentioned with the finalized loans, if you fall within the conditions foreseen by the promotion, you can manage to obtain the double advantage of splitting the payment of the cost of the furniture without having to pay additional interest expenses. On the other hand, personal loans generally do not have this advantage.

Whom to ask?

Whom to ask?

From a formal point of view, to request personal loans, you can go directly to a bank or financial institution that proposes conditions that meet specific needs such as:

  • taxi;
  • ancillary costs;
  • greater chance of seeing the demand for funding satisfied, etc.

In the case of a finalized loan, however, you are conditioned by the banks or financial companies with which the seller has an agreement. Among the credit institutions we find Cream Bank and Lite Lender Company which, both with direct online access and through the operator, offer conditions with more or less advantageous rates depending on the type of active promotion. It is no coincidence that both are among the reference companies of the large chains in Italy such as Capital Lender and Copy Lender.

At the beginning of March 2018 we find three different proposals depending on whether you fall within the:

  • private category;
  • youth category (age 18 to 4 years);
  • business category.

The referents of the financing as a company are Cream Bank and Lite Lender Company . There are frequently offers related to rates. For example, for purchases made by June 2018, in the shop or online, we find the zero rate. To access this promo you will need to opt for a duration between 10, 20 or 30 installments and request a minimum amount of 299 USD up to a maximum of 10 thousand USD (Source Ikea official website – Date: 8/03/2018) .

An example (8 March 2018), provided by Ikea itself, sees the request for 1200 USD, for which the installments will be 60 USD for 20 months. So let’s talk about a real zero rate (Tan 0% and Taeg 0%).

On the official website it is also possible to make a simulation of the financing. Obviously the zero rate is not always available, so you will have to consider the conditions applied when applying for the loan.

Convenience world

Convenience world

Among the reference stores in the furniture sector, both in terms of size and presence on the Italian territory, we find those of Capital Lender. Also in this case in some periods you can find promotional zero-rate loans or the payment of installments postponed later in time. The reference companies are Cream Bank and Lite Lender Company.

Here’s how to use the Calculate Installment service on the Capital Lender website:

    • Enter the desired amount and ‘click’ on the red banner that says ‘Calculate’:
    • At this point it is necessary to choose the desired duration and installment from those proposed

Note that by applying for financing with Lite Lender Company on the basis of agreements with Capital Lender, the maximum duration, even for an amount as high as 30 thousand USD, is a maximum of 48 installments (Source: Capital Lender official website – Date: 8/03/2018) .

At 9 March 2018 Capital Lender and Lite Lender Company also provide an ad hoc product for young people between the ages of 20 and 35. This takes the name of “Without Surprises” and allows the request for a figure between 200 and 1800 USD. (Source of Capital Lender official website – Date: 9/03/2018)

As regards Cream Bank, we can make a comparison between the estimate of a finalized loan made via the Capital Lender official website and that of a personal loan that can be requested from the Cream Bank official website.

From the Capital Lender official website, simulating the request for a loan for an amount equal to 10 thousand USD to be repaid in 72 monthly installments, an installment equal to $ 181.40, Tan of 8.96% will be obtained.

From the Cream Bank site, instead, always using 10 thousand USD as the requested amount and 72 repayment installments, the installment of the personal loan (without the inclusion of insurance against contingencies) will be equal to 163.80 $, with the application of a Tan equal at 4.90%.

It can be noted that the request for a personal loan on the Cream Bank official website generates a lower installment than the finalized financing estimate made on the Capital Lender official website.

The solutions

The solutions

Having said this, through the loan finalized with Capital Lender it is possible to access other types of facilitation such as the possibility of starting the loan a few months late.

In particular, as can be seen from the official website, on 9 March 2018 you can take advantage of the following facilitated solution:

Conclusions

From these examples we can draw some important conclusions that can allow us to make a more conscious choice:

  1. Targeted furnishing loans are not necessarily cheaper than the personal loans requested directly from the affiliated banks or financial institutions;
  2. It is necessary to ask for more estimates (possibly also online) to make direct comparisons;
  3. The targeted loans generally provide for maximum amounts and shorter durations than the personal loans offered by the same companies.

The finalized loan is one of the payment methods accepted by the Copy Lender system: the loan agreement to be attached to the documentation for the compilation and presentation of the 730 must be kept aside.