Cheap Loan Insurance: Free Simulation and Online Application

Why should we insure new auto financing, personal loans, construction loans or any other consumer credit? These are credits that do not last long, unlike real estate loans! In fact, if the outstanding balance insurance is well known when investing in real estate, it is a new practice to insure one or more consumer loans at often lower amounts. Yet sheltering yourself and your loved ones in case of an accident of life should be a reflex as soon as it comes to your finances.

 

How does credit insurance work?

How does credit insurance work?

No one is immune to a career accident: temporary loss of employment, critical illness, disabling accident, … all these reasons will prevent you from paying the monthly payments of your personal credit. This insurance is specifically dedicated to the coverage of your new credit whatever it is.

A life insurance balance remaining due guarantees your lender that the sums he has advanced will be refunded. But this also protects you because according to the terms of your contract, if you are unable to meet your financial obligations for a few months or permanently, the insurance will pay your creditors. In case of death, your whole family is safe because it will not have to repay the remaining money to the financial institution.

 

The benefits of credit insurance online

The benefits of credit insurance online

It is not mandatory to buy life insurance balance due but it is strongly recommended! On the other hand, during a real estate loan, it is compulsory and can significantly increase the total cost of the loan. You should know that if you buy this insurance, the guarantee runs as soon as the first insurance premium is paid, there is no deadline to respect. And it will protect you during the entire credit. In addition, life insurance is tax deductible, so you will benefit from a tax reduction or deduction.
The general conditions of acceptance:

  • Be in good health at the time of signing the contract.
  • Do not be unable to work.
  • Do not suffer from any long-term illness.

Inquire and compare, conditions can vary greatly from one company to another. We must compare the different loan offers, it helps to negotiate a cheap credit later.

 

Where to subscribe to a cheap loan insurance?

Where to subscribe to a cheap loan insurance?

When signing a mortgage, the lender regularly imposes the purchase of the outstanding balance insurance from the same company or a preferred partner. You will benefit from a reduction in the interest rate of the loan, which is not negligible. Nevertheless, you can refuse and choose another company of your choice but you risk losing the proposed benefits or seeing your loan downright rejected. Nothing prevents you from accepting at first and canceling your insurance contract after one or a few years if you have found another company offering better coverage or a better quality / price ratio. For this, do not forget to compare the offers in this area through different online comparators. You can change company whatever the type of loan, it is enough to respect, at the expiry of your contract, the period of notice provided by the law. He is 3 months old.

BCA Bank:Cash Loan & Personal Account

BCA Bank began operating on the financial market at the end of 2008. It is a nationwide universal bank, serving all market segments. The services of BCA Bank are most often used by clients who need reliable service at the highest level, proven and trustworthy financial products that will ensure peace and security and need individual and professional investment advice. A two-person loan, a 5% loan with a guarantee, a 5% cash loan for each customer, cash and consolidation loans, a mortgage loan, a company loan, credit cards, a revolving limit in the account are the best products on offer at BCA Bank.

 

BCA Bank has twice been awarded by Newsweek in the “Friendly Bank” ranking as “The Best Retail Bank”, “The Best Bank for Senior Citizens” and “The Best Bank for Disabled Customers”. In the “Best Internet Bank” category, BCA Bank also ranked high – third place in 2010. The monthly Forbes was appreciated by BCA Bank and awarded the second place in the “Best bank for companies” ranking .

 

One of the leading products of BCA Bank is a cash loan.

The lowest installment guarantee is the guarantee of the best choice. Only BCA Bank gives you such conditions! You do not have to think about which offer is the best. BCA Bank guarantees that the installment of the loan will be lower than that offered by another bank.

A loan with the lowest installment guarantee provides additional benefits:

A loan with the lowest installment guarantee provides additional benefits:

  • Commission 0%.
  • Funds will be paid even in 1 day.
  • A loan up to 200,000 You will receive PLN without guarantors and security.
  • You can suspend your installments free of charge for up to three months if necessary.

Significant enrichment of the offer, also allows you to take advantage of consolidation and convert all payments for loans and credit cards into one low installment, without unnecessary formalities.

You can be sure of the best choice! The lowest installment guarantee!

If before or even 2 weeks after using the offer, another bank will offer you a smaller installment, BCA Bank ensures that it will break its offer and provide you with even more favorable terms. You will receive a lower installment for the same loan period and loan amount.

 

A consolidation loan at BCA Bank is the best

A consolidation loan at BCA Bank is the best

The new consolidation loan of BCA Bank, under the name of “Kredytka”, is a new consolidation of BCA Bank. Konsortka offers low interest rates – only 5.9% – additional cash for unexpected expenses and a high maximum loan amount of up to PLN 200,000. zł. BCA Bank offers the payment of funds even in one day!

Payments for cash loans, installments, car loans and credit cards – will be converted into one low installment. BCA Bank guarantees lower installments than those offered by other banks. All you have to do is transfer your loans to BCA Bank, and you will get double! BCA Bank will pay you 3% of transferred loans and will reduce your installment.

 

A loan for the proof of BCA Bank – a new offer

The main advantage of the loan is the possibility to obtain it without income statements , also for people who are not customers of BCA Bank – an ID card is enough. For the loan amount up to 15 thousand. The interest rate is currently only 4.9% , while the maximum amount is PLN 200,000. zł!

Take a loan with two, and regardless of the amount, the interest rate will be lower by as much as half. You do not have to be married or relatives. Every duo gains in BCA Bank!

BCA Bank double loan

The main advantages of the loan are:

  • interest rate lower by 50% compared to the standard one,
  • high maximum loan amount – up to PLN 200,000,
  • loan period – up to 60 months,
  • the opportunity to exchange a few expensive loans for one cheap!

New – Internet Loan 0% BCA Bank. An internet loan with a 0% commission is a special offer for people who like to do things remotely. The maximum loan amount is even 200,000. PLN , and the payment of funds takes even one day .

The Cheapest Cash Loan PLN 6,000 For 12 months (1 year)

It is the beginning of August, half of the holidays are definitely outside us, but many of us are just getting ready to go on holiday or renovate the apartment. Many parents already think about the upcoming school year and the related expenses for school layette. If you have specific needs, see our proposals for a cash loan of 6000 PLN, whose repayment period is equal to twelve months.

Most Poles spend their salary on a regular basis and only a few of us have small savings of around PLN 2,000. Therefore, almost every fourth person asked by us intends to take a cash loan in August to realize their plans and dreams. However, before you decide on any cash loan, think about it and check which bank to take it in so that the costs are as low as possible.

 

Cheapest Cash Loan

Cheapest Cash Loan

Where for the cheapest cash loan in the amount of PLN 6,000, whose repayment period is equal to twelve months?

After comparing all of the PLN 6,000 cash loans with a repayment period of 12 months, it turned out that in August the cheapest cash loan can be found in Payday Loan – “Welcome 2” guarantee combined with the “Lowest interest rate guarantee” offer duration. The cash loan is granted with the lowest interest rate on the market guaranteed by Payday Loan. The guarantee is valid for 30 calendar days from the date of the conclusion of the cash loan agreement with the Bank, ie from the date of the funds’ release. The promotion organized by Payday Loan consists in providing a cash loan without commission to the Customer who will apply for a cash loan, receive a positive credit decision and conclude a cash loan agreement and a Safe Pożyczka insurance contract. The liability installment will amount to PLN 527.47 per month, while the Actual Annual Interest Rate (APRC) is 10.46%. The offer is addressed both to own and new customers of Payday Loan. Anyone who submits a cash loan application via the Internet will receive an online credit decision.

 

Interest rates in banks

Interest rates in banks

In August, it is also worth considering taking out a cash loan at TU Bank, which offers a “Cash loan with an interest rate of up to 4.90%.” A customer who decides to take out a cash loan at TU Bank will incur the commission costs in addition. 8.1%, the Actual Annual Interest Rate (APRC) for this liability will be 22.00%, and the monthly installment – 555.95 PLN.

The ABC Bank cash loan was also on the podium, with an interest rate of 9.49% and a commission of 5.5%. The monthly installment will amount to PLN 556.69, which is slightly higher than in TU Bank – the difference is only PLN 0.74. The Actual Annual Interest Rate (APRC) for this commitment will be 22.31%.

The list also includes: Payday cash loan, BP Bank on the account statement from the last 3 months and cash loan. Allow for more offered by UM Bank.

However, we emphasize that the monthly installment for a cash loan in the amount of PLN 6,000, with a repayment period of 12 months, in each case does not exceed PLN 577.

 

Choosing a Cash loan

Choosing a Cash loan

When choosing a cash loan, first of all, compare different offers – check the proposals of at least a few competing banks, compare the actual annual percentage rate (APRC), which includes fees, commissions and other loan costs. Make a simulation of a loan using a cash loan comparison engine – by choosing a cash loan, it is necessary to consider whether the monthly installment (installment plan) presented by the bank will not overburden your household budget too much.

Payday Loan and Innovations for Microcredit

At the end of last month,RUSSIA FORUM 2017 was held in the capital where the best microcredit market experts discussed pressing issues. The event was coordinated by SRO. This large-scale event became nothing more than the merger of two main microfinance forums organized by the aforementioned coordinators.

The conference was actively attended by about 300 representatives of various fields, in one way or another, associated with microcredit activities. These include representatives of the authorities, the PPL Bank, SROs, major microcredit companies, the international microfinance community, financial experts and others.

 

Dynamics of microloan development

microloan development

One of the topics of interest was “How to cope with growing regulatory requirements and preserve business efficiency.” They discussed issues arising in connection with the regulator’s demand for changing the names of organizations and the subsequent actions of companies, provided information regarding the dynamics of microloan development.

 

Increase loyalty to their clients.

Positive trend in the microfinance market

Of course, it was interesting to discuss social issues. Payday Loans should continue to actively exist and increase loyalty to their clients. Small loans should be available to citizens of our country, and payday loans should raise their increasing confidence. You can not, just forget about supporting small businesses. They believes that every microcredit company should raise its rating and improve its image in the eyes of the population. Such actions should lead citizens to improve their opinion on the microcredit market and the financial sector as a whole.

It was noted that, despite a significant reduction in organizations in the ranks of Payday Loans, last year there was a steady increase in payday loans issued. Perhaps the PPL Bank, by its “mopping up”, has just increased the confidence of citizens in fast loans.

 

Positive trend in the microfinance market

Positive trend in the microfinance market

Most of the speakers at the conference said that at the moment there is a positive trend in the microfinance market. All referred to the fact that this was facilitated by the introduction of new laws, mainly protecting borrowers and the responsible attitude of companies to these laws. Now companies need to continue to increase loyalty to customers, as well as introduce new technologies into their business processes.

Payday Loans, as well as financing in general, should be understandable, accessible and convenient for every citizen of the country.

Our 5 Tips for Avoiding a Real Estate Loan

Discover our 5 tips and tricks so that your bank accepts for sure your mortgage application!

Before embarking on the process of obtaining a mortgage loan, there are some good practices to apply in order not to have your loan application refused. We give you 5 tips and advice so that your loan takes place in the best conditions!

Attention to account management

Make sure the accounts are in order, no overdraft during the three months, see the six months before applying for a loan at the bank. In the case of a small gap in the budget, it is better to shift the loan request to the next month in order to show the bank a positive image, that of a serious borrower, who will keep his budget and repay his loan. time and time.

 

The 33% debt rule

The 33% debt rule

This rule varies from bank to bank, but in general, one-third of the monthly net income should not be more than a loan repayment. If you have outstanding credits when applying for a home loan, the bank will likely reject your application. If the borrower has the opportunity to repay them upstream, it’s better! Sometimes the location or the general condition of the real estate can play a role in the bank’s decision. To secure a purchase, it is necessary to have your borrowing capacity assessed by a bank or broker before signing a sales agreement.

 

A good contribution

A good contribution

Ideally, it is better to have a personal contribution corresponding to 10% of the sum borrowed. This personal contribution is used to pay the notary fees, warranty fees and handling fees (here, offered by Adam Bede). Having a contribution greatly facilitates the loan application. However, there is always the possibility to make a loan at 110%, that is to say that the bank finances the 10% that the borrower does not have in addition to the 100% of the loan. However, fewer and fewer banks offer this type of mortgage. And, in general, the rate is much higher than a conventional loan.

 

Have a stable job

Have a stable job

Having a steady job is a determining factor in obtaining a home loan. Justifying regular monthly income secures the bank on your repayment ability. For young workers at the beginning of their careers, it is important to emphasize future professional opportunities and future developments that involve salary increases.

 

Call a broker

Call a broker

Going through a mortgage broker makes it much easier to get credit. The broker guides the borrower in his research, accompanies him in the assembly of an irreproachable file, advises him on the optimization of his financing plan and negotiates for him the best conditions of financing: credit rate, delegation of insurance, choice of guarantee, exemption from banking fees and with Adam Bede, 0 € brokerage fees.

Your ability to manage your accounts, save and repay will help you get a mortgage.