Direct payday loan lenders online -Our site for instant loans direct lenders only

Visit our site for instant loans direct lenders only

Borrow money quickly? Then check out us, because requesting an instant loan direct lender may be an option for you. Applying for the instant loan direct lender is quick and easy and in most cases applying for a loan is easy. This loan is a form of loan where a lot is possible and where the application is approved in most cases.

Mini loan rules

Rules have also been drawn up for applying for a mini loan. These rules are more flexible than that you want to borrow money through another form of borrowing. Because you will borrow lower amounts with a mini loan, it is easier for the mini loan provider to provide you with a loan. Most consumers will not borrow more than 800 euros if they request a mini loan. The mini-loan providers are also bound by rules and these are there to protect you as a consumer against high costs.

Mini loan …. how to borrow quickly?

If you want to borrow money quickly, the mini loan is the ideal form of loan. Not for nothing is the mini loan also called the flash loan, because you have the necessary money in your account within a few hours. If you have borrowed money from the same lender more than once, you may already have the money in your account in 10 minutes. You no longer have to fill in the documents and send them back, as the request for a mini loan can be sent by SMS the second and subsequent time. You will then send an SMS with the amount and duration to the number of the mini-loan provider and you will receive your money.

Request a mini-loan without paperwork

Request a mini-loan without paperwork

Because applying for a mini loan goes without paperwork, you can request the mini loan as quickly. For many people this is also the big advantage of applying for a mini loan. Another advantage of the mini loan is that everything can be done online, so it is fairly anonymous. Not everyone wants to apply for a loan in public.

Mini loan providers

Mini loan providers

Borrowing money quickly is often also quick to apply for money, but when applying for a loan it is not always wise to act so quickly. Always take the time to apply for a loan and read the terms and conditions of the mini-loan provider carefully. Certainly when it comes to borrowing money you can save a lot of money by comparing the mini-loan providers in advance. Borrowing money always costs money, but it is great if you can borrow money as cheaply as possible.

Mini loan duration

The terms of a mini-loan also differ per lender. You have to count on a duration of 15, 30 or 45 days, it just depends on how much money you are going to borrow and at which mini-loan provider you are going to do this. So read in advance what the term of the relevant mini-loan is, if it is very short then you must bear in mind that you can repay the borrowed money even after the expired term. This prevents you from receiving a fine from the mini-loan provider.

The mini-loan providers on our website are reliable lenders and are supervised by the AFM. As a result, you know that you will not be charged with high interest or other costs.

Differences between free investment, free and revolving credit

Among the consumer loans are those intended for the purchase of goods or for the payment of services for non-commercial purposes. In this category we find the free investment credit, revolving credit and liberty credit. What is the difference between them? Which one is better?

How to apply and where? 

money cash

The free investment credit allows you to access the money you need quickly, the bank makes a single disbursement for the agreed amount and the payment is made in installments according to the interest rate determined by the banking institution. Normally, the interest rate is high since there is no guarantee on the credit (as opposed to vehicle or mortgage credit).

The liberty credit is a modality of the free investment credit with a single disbursement, which can also be used for what the user decides and there is no guarantee (nothing is pledged to the bank). The difference with the free investment credit is that it is directly deducted from the person’s salary, that is, by payroll.

This condition presumes that the default option is much lower and that is why interest rates are also lower. In addition, the requirements to access this type of credit are less strict than in other types of credit. The most difficult part of the bookings is that it is necessary that the company in which the interested party works has an agreement with the bank to which he wishes to apply. In recent years, it has become the preferred consumer credit of Colombians.

The revolving credit is another type of free investment credit but it does not have a single disbursement amount but a pre-approved credit quota that is available to the customer when he needs it since there is no guarantee.

This type of credit usually has a high rate

money cash

The way to disburse this credit is usually through a customer account, so when you need to use it, a transfer is made for the desired value (total or partial of your quota) to that account. In doing so, the client generally accepts that said loan be deferred to the term decided with the bank (usually 24 or 36 months).

The 3 types of credit are presented as valid options to access the amount that is needed and in Pip you can see the offer of financial institutions and the different interest rates offered to you.

Differences between free investment, free and revolving credit

money loan

Among the consumer loans are those intended for the purchase of goods or for the payment of services for non-commercial purposes. In this category we find the free investment credit, revolving credit and liberty credit. What is the difference between them? Which one is better?

How to apply and where? 

money cash

The free investment credit allows you to access the money you need quickly, the bank makes a single disbursement for the agreed amount and the payment is made in installments according to the interest rate determined by the banking institution. Normally, the interest rate is high since there is no guarantee on the credit (as opposed to vehicle or mortgage credit).

The liberty credit is a modality of the free investment credit with a single disbursement, which can also be used for what the user decides and there is no guarantee (nothing is pledged to the bank). The difference with the free investment credit is that it is directly deducted from the person’s salary, that is, by payroll.

This condition presumes that the default option is much lower and that is why interest rates are also lower. In addition, the requirements to access this type of credit are less strict than in other types of credit. The most difficult part of the bookings is that it is necessary that the company in which the interested party works has an agreement with the bank to which he wishes to apply. In recent years, it has become the preferred consumer credit of Colombians.

The revolving credit is another type of free investment credit but it does not have a single disbursement amount but a pre-approved credit quota that is available to the customer when he needs it since there is no guarantee.

This type of credit usually has a high rate

money cash

The way to disburse this credit is usually through a customer account, so when you need to use it, a transfer is made for the desired value (total or partial of your quota) to that account. In doing so, the client generally accepts that said loan be deferred to the term decided with the bank (usually 24 or 36 months).

The 3 types of credit are presented as valid options to access the amount that is needed and in Pip you can see the offer of financial institutions and the different interest rates offered to you.

We show you the best payday loans below 10 percent.

A few years ago, only mortgages had interest rates below 10 percent, but nowadays we can get loans for up to 8-9 percent without real estate collateral. At any time, there may be a situation where we need a few hundred thousand or even millions of loans and need a relatively favorable credit facility. We show interest rates below 10 percent on payday loans.

The central bank base rate is declining at its current value of 1.20% and, as a result, interest rates on loans are falling. Nowadays, even with payday loan offers, we can meet the magic below 10 percent interest rates. We have compiled which payday loan offers are currently available at such low interest rates.

Easy access to credit, predictably

Easy access to credit, predictably

The interest rate on GB’s senior payday loan is 9.99%, so this value is just below the magic limit. The amount of the loan that can be applied for is HUF 1-7 million, the maturity is 24-84 months, the APR is 10.46%. To qualify for the loan, you must have a proven monthly net income of up to $ 250,000 from up to two wages and a minimum of three months’ employment. Thus, GB Bank does not impose hard-to-reach terms on loan applicants, as the income requirement for a two earning family is relatively easy to meet.

We also looked at the total repayment amount for three different maturities when offering a GB payday loan. If you take a $ 1 million loan over a 5-year period, you will have to repay a total of $ 1,274,527 for every $ 21,242. The same loan amount is repaid in case of a 3-year maturity in a total amount of HUF 1,161,450, in installments of HUF 32,262. And if the $ 1 million payday loan is repaid in the shortest term, that is 2 years, you have to pay back a total of $ 1,107,367 in $ 46,140 installments.

It is clear, therefore, that the shorter the maturity, the lower the total amount to be repaid. However, if you choose a shorter maturity, the monthly repayment will be higher than it would be for longer maturities. It is important to note that the loan installment is fixed throughout the term, so we have to pay the same amount in the first month as in the last. This way we can calculate in advance the amount of credit and the maturity of the loan. An additional benefit of the GB Preferred payday loan is that it can be applied for at no cost.

Career advancement opportunities

Career advancement opportunities

The CIB Advance payday loan is provided by the bank at an interest rate of 8.9%, with a potential maturity of between HUF 500,000 and HUF 5 million, maturity 12-72 months, APR 9.41%. In order to receive this loan at such a favorable rate, you must receive at least HUF 250,000 per month in your bank account.

If you want to charge $ 1 million for 2 years, you will need to pay back $ 1,069,694 in monthly installments, up to $ 45,696 by the end of the term. The monthly installment of the loan is fixed throughout the life of the loan, so this loan may not suffer any unpleasant surprises as a result of any interest rate increase.

Just to be interesting, there is a version of the CIB Advance payday loan where the interest rate is only 7.9%, but you need to be a Magnifica Business Partner. This is subject to CIB having at least $ 9 million in savings or at least $ 450,000 in monthly credit to our bank account.

You can even buy a loan

You can even buy a loan

The Rester Bank Now Extra payday loan has an interest rate of 9.5% and a APR of 11.51%. The maturity is 18-72 months and the loan amount can range from HUF 500,000 to HUF 5 million. To qualify for a payday loan, you must have a minimum income of $ 250,000 and a minimum of 1 year of employment. A further condition is that during the entire term of the loan our income will be credited to a bank account held with Rester Bank.

If you want to charge $ 1 million for 2 years, you will have to pay back $ 1,116,748 in monthly installments of $ 45,914 until the end of the term. The monthly installment of the loan is fixed during the 2 year maturity period, but if you choose a longer maturity, you have to bear in mind that the interest period may change after 3 years, ie after 3 years.

You can also use this loan to redeem a loan, such as a payday loan, a free use mortgage, a car lease, a car purchase loan, or a credit card debt issued by Rester Bank. An additional condition for redeeming an existing Rester bank loan is that the loan amount disbursed must be at least HUF 1,000,000 more than the amount to be redeemed.

Using a card for a lower interest rate

Using a card for a lower interest rate

The interest rate of the Dewaser Bank payday loan with Premium Loan Account is 9.9% and the APR is 10.5%. The maturity can be 6-48 months, the loan amount is from 800 thousand HUF to 6 million HUF. This loan requires a minimum of 3 years’ employment or entrepreneurial history. Additional eligibility requirements include a regular monthly credit of at least $ 500.

In order to take advantage of the discounted credit facility, you must open a Premium Plus (PP1) account package at Dewaser Bank and purchase at least HUF 30,000 a month with the corresponding credit card. The annual fee for a credit card will therefore be a few thousand forints, depending on the type of card we require for your Premium Plus account plan.

If you would like to borrow a HUF 1 million payday loan at Dewaser Bank for a period of 2 years, you will have to pay back a total of HUF 1,115,712 in monthly installments of $ 46,488 until maturity. The loan installment is fixed throughout the term, so we pay the same amount from the first month to the last.

More options below 10 percent

More options below 10 percent

In the case of the Bankil Fapados Loan, it is possible to keep the interest rate of the loan below 10 percent, but this requires a longer maturity and a higher loan amount. For example, if you were to raise $ 3 million for 4 years, the interest would be 8.74% and the APR would be 9.10%. Over the course of 4 years, a total of $ 3,565,773 is to be repaid in monthly installments of $ 74,287. Unfortunately, these details may change over the course of the term, as the borrowing rate is variable and is linked to the 12-month BUBOR as a reference rate and recorded at 3-year interest rates.

Applying for a loan requires proof of a minimum monthly net income of HUF 110,000 and your bank account number, as Bankil does not have a bank account. Learn more that the credit assessment fee will be released by June 30, 2016.

Finally, there is another payday loan offer that also has interest rates below 10 percent, but only in the case of a very high loan amount of more than $ 4.5 million. This is Furlybank XXL payday loan with A1 Debt Rating, which requires a monthly income of up to $ 300,000. Disbursement of the loan is conditional on the loan being recorded in a notarial deed and presented to the bank. This is how we can get a payday loan at 9.99% interest rate from Furlybank.

In order to choose the most suitable loan for you, it is always worthwhile to review the bank quotes in a comparative calculator so that we can borrow at the best possible conditions.

We show you the best payday loans below 10 percent.

A few years ago, only mortgages had interest rates below 10 percent, but nowadays we can get loans for up to 8-9 percent without real estate collateral. At any time, there may be a situation where we need a few hundred thousand or even millions of loans and need a relatively favorable credit facility. We show interest rates below 10 percent on payday loans.

The central bank base rate is declining at its current value of 1.20% and, as a result, interest rates on loans are falling. Nowadays, even with payday loan offers, we can meet the magic below 10 percent interest rates. We have compiled which payday loan offers are currently available at such low interest rates.

Easy access to credit, predictably

Easy access to credit, predictably

The interest rate on GB’s senior payday loan is 9.99%, so this value is just below the magic limit. The amount of the loan that can be applied for is HUF 1-7 million, the maturity is 24-84 months, the APR is 10.46%. To qualify for the loan, you must have a proven monthly net income of up to $ 250,000 from up to two wages and a minimum of three months’ employment. Thus, GB Bank does not impose hard-to-reach terms on loan applicants, as the income requirement for a two earning family is relatively easy to meet.

We also looked at the total repayment amount for three different maturities when offering a GB payday loan. If you take a $ 1 million loan over a 5-year period, you will have to repay a total of $ 1,274,527 for every $ 21,242. The same loan amount is repaid in case of a 3-year maturity in a total amount of HUF 1,161,450, in installments of HUF 32,262. And if the $ 1 million payday loan is repaid in the shortest term, that is 2 years, you have to pay back a total of $ 1,107,367 in $ 46,140 installments.

It is clear, therefore, that the shorter the maturity, the lower the total amount to be repaid. However, if you choose a shorter maturity, the monthly repayment will be higher than it would be for longer maturities. It is important to note that the loan installment is fixed throughout the term, so we have to pay the same amount in the first month as in the last. This way we can calculate in advance the amount of credit and the maturity of the loan. An additional benefit of the GB Preferred payday loan is that it can be applied for at no cost.

Career advancement opportunities

Career advancement opportunities

The CIB Advance payday loan is provided by the bank at an interest rate of 8.9%, with a potential maturity of between HUF 500,000 and HUF 5 million, maturity 12-72 months, APR 9.41%. In order to receive this loan at such a favorable rate, you must receive at least HUF 250,000 per month in your bank account.

If you want to charge $ 1 million for 2 years, you will need to pay back $ 1,069,694 in monthly installments, up to $ 45,696 by the end of the term. The monthly installment of the loan is fixed throughout the life of the loan, so this loan may not suffer any unpleasant surprises as a result of any interest rate increase.

Just to be interesting, there is a version of the CIB Advance payday loan where the interest rate is only 7.9%, but you need to be a Magnifica Business Partner. This is subject to CIB having at least $ 9 million in savings or at least $ 450,000 in monthly credit to our bank account.

You can even buy a loan

You can even buy a loan

The Rester Bank Now Extra payday loan has an interest rate of 9.5% and a APR of 11.51%. The maturity is 18-72 months and the loan amount can range from HUF 500,000 to HUF 5 million. To qualify for a payday loan, you must have a minimum income of $ 250,000 and a minimum of 1 year of employment. A further condition is that during the entire term of the loan our income will be credited to a bank account held with Rester Bank.

If you want to charge $ 1 million for 2 years, you will have to pay back $ 1,116,748 in monthly installments of $ 45,914 until the end of the term. The monthly installment of the loan is fixed during the 2 year maturity period, but if you choose a longer maturity, you have to bear in mind that the interest period may change after 3 years, ie after 3 years.

You can also use this loan to redeem a loan, such as a payday loan, a free use mortgage, a car lease, a car purchase loan, or a credit card debt issued by Rester Bank. An additional condition for redeeming an existing Rester bank loan is that the loan amount disbursed must be at least HUF 1,000,000 more than the amount to be redeemed.

Using a card for a lower interest rate

Using a card for a lower interest rate

The interest rate of the Dewaser Bank payday loan with Premium Loan Account is 9.9% and the APR is 10.5%. The maturity can be 6-48 months, the loan amount is from 800 thousand HUF to 6 million HUF. This loan requires a minimum of 3 years’ employment or entrepreneurial history. Additional eligibility requirements include a regular monthly credit of at least $ 500.

In order to take advantage of the discounted credit facility, you must open a Premium Plus (PP1) account package at Dewaser Bank and purchase at least HUF 30,000 a month with the corresponding credit card. The annual fee for a credit card will therefore be a few thousand forints, depending on the type of card we require for your Premium Plus account plan.

If you would like to borrow a HUF 1 million payday loan at Dewaser Bank for a period of 2 years, you will have to pay back a total of HUF 1,115,712 in monthly installments of $ 46,488 until maturity. The loan installment is fixed throughout the term, so we pay the same amount from the first month to the last.

More options below 10 percent

More options below 10 percent

In the case of the Bankil Fapados Loan, it is possible to keep the interest rate of the loan below 10 percent, but this requires a longer maturity and a higher loan amount. For example, if you were to raise $ 3 million for 4 years, the interest would be 8.74% and the APR would be 9.10%. Over the course of 4 years, a total of $ 3,565,773 is to be repaid in monthly installments of $ 74,287. Unfortunately, these details may change over the course of the term, as the borrowing rate is variable and is linked to the 12-month BUBOR as a reference rate and recorded at 3-year interest rates.

Applying for a loan requires proof of a minimum monthly net income of HUF 110,000 and your bank account number, as Bankil does not have a bank account. Learn more that the credit assessment fee will be released by June 30, 2016.

Finally, there is another payday loan offer that also has interest rates below 10 percent, but only in the case of a very high loan amount of more than $ 4.5 million. This is Furlybank XXL payday loan with A1 Debt Rating, which requires a monthly income of up to $ 300,000. Disbursement of the loan is conditional on the loan being recorded in a notarial deed and presented to the bank. This is how we can get a payday loan at 9.99% interest rate from Furlybank.

In order to choose the most suitable loan for you, it is always worthwhile to review the bank quotes in a comparative calculator so that we can borrow at the best possible conditions.

Payday loans without requirements in Mexico

If you are wondering, is it possible to get an online loan instantly without requirements? The answer is, yes, it is possible.

Mini loans without requirements are an easy type of credit that you can obtain without having to meet excessive requirements and conditions. This type of financing is commonly granted by online credit companies.

Unlike traditional credit institutions, online financiers need to know few specific details to verify whether or not the applicant is a viable candidate to receive the amount.

If you want to get a loan free of requirements that suits your needs, use a credit comparator to find the best offer.

Characteristics of loans without requirements in Mexico

Characteristics of loans without requirements in Mexico

  • Small amounts:
    payday loans of this type are often identified as mini loans because they offer amounts that are not very high. Ideal for solving emergencies and unforeseen expenses.
  • Possibility of flexibility in the amount:
    The amount of private loans without requirements can gradually increase if the online credit company you hire considers that you are a responsible customer capable of repaying a larger amount without problems.
  • Short payment terms:
    As they are small amounts, payment terms do not usually exceed 30 days. The client can request an extension in the term in exchange for the collection of an extra commission.
  • Relatively high interest rates:
    They vary depending on the specific details of your contract (amount, payment term). Usually they are usually higher than in other types of loans because here you do not need to have collateral or guarantee.

With the Mirna and Lucy credit comparison tool you can get an interest-free loan offer without requirements, or with easy to meet requirements.

Advantages of payday loans without requirements

Advantages of personal loans without requirements

  • You only need your identity document:
    The credit companies that offer these financial products get all the information they need from your identity document.
  • Without providing data from the Bureau:
    You do not need to give information about your credit history. However, they could check your history independently.
  • They are very fast:
    The loan application and acceptance processes take less than 24 hours.
  • They are easy and online:
    The process is 100% virtual. Comfortable and safe

Risks of online loans without requirements

Risks of online loans without requirements

Because these loans are usually requested by people in the middle of economic emergencies or unforeseen expenses, many fraudulent financiers take advantage to find new victims.

That’s why it’s important to have an ally like Mirna and Lucy to help you hire a transparent and secure online credit company.

Warning signs against fraud

  • “Too good”:
    Unrealistic offers that do not follow the market trend.
  • They ask for an advance payment:
    If you are asked for an advance payment to access the loan without requirements with the excuse of administrative expenses, avoid that loan.
  • No details:
    Little transparency with the contract details or they reject your questions.

Read the contract you have with the credit company carefully because your responsibilities and rights as a customer will be specified there.

Tips for using your credit card

Time passes, but I always hear the same from my friends “the credit card only serves to destroy a person”.
In fact, if we look at reality and statistics we see that all people in debt, 80% or more, have problems with a credit card. However, the remaining 20% ​​get along with the “monster.” How is this possible?

As human beings, we always try to find a culprit for everything, and when we are in debt the credit card is almost always to blame.
Due to the increase in income and, therefore, the purchasing power of some families, this “monster” reached thousands of people. And this is due to a simple reason: the card is a tool to easily get rid of physical money and ensure the payment of possible breaches by people when they buy a product.

The idea is to learn to stay away from the flood of endless debts and bills. Here are four key tips for you to learn how to get the most out of your credit card:

 

Reserve part of your salary for the card

Reserve part of your salary for the card

Thus, you will always have money to pay the bill that arrives from your card. For example, if you reserve 20% of your income for the monthly charge of the card, you will know that your monthly expenses will not be able to exceed the amount that is left, otherwise you would have to reduce reducing leisure expenses, or others that can be covered The expenses of the month.

 

Never consume your entire card balance

Never consume your entire card balance

Debts almost always have their card balance as an additional income. That is the worst kind of indebtedness.
You must learn that the credit does not increase your income, only your purchasing power. If that is not clear to you, you better not use your credit card.

 

Stay up to date with your payments

Stay up to date with your payments

Leaving payment on your card bills at the end is like asking for a gigantic debt to be introduced. If for some reason you did not pay your card debt, reduce other expenses and solve that problem instantly.

 

Think well before having two cards

credit cards

It is very easy to lose control when you have several cards. If you have two or three cards, remember what I said on the first tip, you must separate an exclusive amount to pay the bills on all those cards. However, always avoid storing cards, unless the benefits are really beneficial.

Tips for using your credit card

credit card

Time passes, but I always hear the same from my friends “the credit card only serves to destroy a person”.
In fact, if we look at reality and statistics we see that all people in debt, 80% or more, have problems with a credit card. However, the remaining 20% ​​get along with the “monster.” How is this possible?

As human beings, we always try to find a culprit for everything, and when we are in debt the credit card is almost always to blame.
Due to the increase in income and, therefore, the purchasing power of some families, this “monster” reached thousands of people. And this is due to a simple reason: the card is a tool to easily get rid of physical money and ensure the payment of possible breaches by people when they buy a product.

The idea is to learn to stay away from the flood of endless debts and bills. Here are four key tips for you to learn how to get the most out of your credit card:

 

Reserve part of your salary for the card

Reserve part of your salary for the card

Thus, you will always have money to pay the bill that arrives from your card. For example, if you reserve 20% of your income for the monthly charge of the card, you will know that your monthly expenses will not be able to exceed the amount that is left, otherwise you would have to reduce reducing leisure expenses, or others that can be covered The expenses of the month.

 

Never consume your entire card balance

Never consume your entire card balance

Debts almost always have their card balance as an additional income. That is the worst kind of indebtedness.
You must learn that the credit does not increase your income, only your purchasing power. If that is not clear to you, you better not use your credit card.

 

Stay up to date with your payments

Stay up to date with your payments

Leaving payment on your card bills at the end is like asking for a gigantic debt to be introduced. If for some reason you did not pay your card debt, reduce other expenses and solve that problem instantly.

 

Think well before having two cards

credit cards

It is very easy to lose control when you have several cards. If you have two or three cards, remember what I said on the first tip, you must separate an exclusive amount to pay the bills on all those cards. However, always avoid storing cards, unless the benefits are really beneficial.

Attention! Beware of the new loan fraud

credit loan

Nobody likes to fall behind in the installments of their credits, but it is the reality of many people when facing emergencies or changes that caused their income to be reduced, and as a result, they were not able to pay the monthly fee of the loan they requested.

Before having the banks or financiers on top

credit loan

Calling them every day to remind them of their debt, many decide to resort to credit repair calls, entities that promise to help them get out of default. Although there are many companies dedicated to this area and operating under the law, in recent months different cases of scams linked to such organizations have been announced.

Get rid of the debt

credit loan

The alleged repairers offer to get rid of the debt for a lower amount than normal, asking the interested parties to advance the rate as a guarantee; However, once they receive the cash, time passes and they only disappear. The interested person continues in default and additionally, lost the money he gave as an advance.

If you have fallen into arrears

credit loan

remember that negotiations must be made directly with the bank or financial institution to which you applied for the loan. The idea is to tell you as soon as possible about the inconvenience you have to make payments and seek to reach an agreement, establishing a new payment schedule. This will be easier if you talk to them before falling behind.

Mission: get the Housing Credit

At the moment of beginning to see the possibility of obtaining a mortgage loan, we consider that to request it successfully it is necessary to have enough planning, as well as to avoid setbacks in the payment of the obligations until the term of the credit.

Therefore, unlike other types of loans with smaller amounts, this should be taken with greater planning, because the worst part is not that the credit is not approved but that it is done in conditions that do not suit the person and this is Become a big problem in the future.

For this we must establish an action plan that ensures the success of this decision, considering all the points to consider; As indicated above, this process could be defined in four parts:

 

Financial situation

Financial situation

First of all, we must have an adequate planning of our budget that allows us to know how much is the amount we have for the payment of the fee , thus avoiding delays and additional costs. In order to get an idea of ​​how much the monthly fee would be, you can use the mortgage loan comparator that is on our website. After knowing the budgeted amount, we must take into account that we must have as initial with the minimum 30% of the price of the property.

If after planning and making calculations, your financial situation does not allow you to acquire the home you need, you can also think of a more realistic option or consider saving a larger initial fee that allows you to reduce the monthly fee to the point that you can assume it.

 

Credit Application

Credit Application

In order to apply for the loan, it is important to consider some points: to be well at risk centers for at least the last 18 months, not to have more than 3 credit cards and to avoid that the total line of all of them does not exceed more than 3 times the salary. Remember also that loan installments must not exceed 40% of net income (consider the probable mortgage loan installment). Take into account that these rules also apply to the spouse, since marriage is considered as one.
Another point to consider is to be able to demonstrate that there is sufficient income flow to constantly cover the payment of the fee (income certification).

 

Property Choice

Property Choice

As we already have a probable price according to the first point, you can go looking for a property that meets the price and needs.
If the property has already been found, it is necessary to verify all the corresponding documents to have the security that is completely sanitized of any cargo.
Additionally we can consider the expenses that are incurred to make the purchase of the property, these can be those of notary among others that are not included in the financing.

 

Installation costs

Installation costs

After having carried out the entire operation, there are expenses to be carried out that can still generate problems and that we must consider them when making budgets , these correspond to everything necessary to live in the new home, such as moving expenses, necessary improvements to the facilities, among other things. These expenses can represent a lot of money and if it has not been budgeted, it will negatively affect the cash flow.

These points are some that we must consider to be able to access a mortgage loan in a responsible manner and thus avoid that hidden expenses can generate a future cash flow problem. Let us take into account that each additional sun in the expenses, will be reflected in a greater quota, those small expenses will increase for the interest and the time of the operation.