The accounts are not closing and do you need money? The loan is the quickest and easiest way to solve this problem.
But did you know that within the loan segment there are several modalities that can have much more attractive terms than an ordinary personal loan? Because of this, the best option – without a doubt – is to analyze each type of loan and do financial planning before closing any deal.
I need to take out a loan: what to analyze?
The main questions to ask before researching a loan are:
- What is the amount I really need to borrow?
- What amount of parcel that fits in my pocket?
- How many installments would I be able to repay this loan on?
Having the answers to these questions makes it easier to contract a loan that is in accordance with your profile and need, with installments that will not hinder your financial organization.
How to get a loan with cheaper rates?
There are currently different interest rates for each type of loan. However, your profile must be within the conditions pre-established by financial institutions.
For example, the interest charged on a loan with some collateral is much more attractive than the ordinary personal loan, but this is only useful if you have a good in your name with the current documentation. Otherwise, the best thing to do is to look at several banks and finance companies for a personal loan with interest that does not exceed your financial planning.
The secured loan can be made in two different ways. You can, for example, choose to place a car as a guarantee, opting for Vehicle Refinancing. In this case, it is extremely important that the vehicle is in your name and fully paid, in addition to being, at the most, 10 years old.
In the case of placing a property as a property sold to the bank, the rules are practically the same. However, in this loan segment, you do not need to have completed the repayment, you only need to have paid 75% of the property value.
This way you can already request a Property Refinancing, being able to place as a guarantee a residence, commercial room or even a land.
It is important to remember that, when analyzing the loan, attention should be paid not only to the value of the installments, but to the total value of the debt. This makes it easier to choose the best option when you need to take out a loan.
To choose a loan it is always good to allocate some time to be able to analyze each proposal received, so that you can find the ideal loan for you and your monthly income. That is, evaluating each loan application is not a waste of time, it is a future investment.
What do I need to have my profile approved?
When applying for a loan, the bank or authorized financial institution analyzes your application, checking your monthly income, personal data, and most importantly: if you are a good payer. This means that the value of your score counts a lot in this evaluation.
Remembering that if you do not pay your bills on time, your name is negative or there are simply no financial transactions in your name, all of this can negatively impact your score. And this may, in the future, hinder the approval of your loan application.
However, the reverse is also true: if your score is high and you are a good payer, financial institutions can quickly approve your loan application and offer more attractive rates. Ideally, you should have all bills paid by the due date and have no restrictions in your name.
However, do not be discouraged if you have a dirty name in the square. There are some credit companies that can accept your application even if you have a restricted name. But be aware, because the interest rates charged are much higher than the conventional ones, since the risk of having a defaulting customer is very high.
Is taking out an online loan the same thing as going to the agency?
Yes! The only difference between making the loan in person and over the internet is that, in the first option, you need to go to the bank or authorized financial institution, face lines and talk to your manager. In the second option, you do the entire procedure in the comfort of your home, a fast and safe process.
Most importantly, as the process is online, you can quote from several banks and finance companies for free, saving time and having in your hands several loan conditions that accepted your profile.
How do I know if I’m taking a hit?
Currently, there are many fraudulent companies that use the name of legal companies, or that disseminate false information about having a partnership or even being a franchisee, deceiving people who seek these services when a loan is needed. Generally these companies accept all types of profiles, that is, customers who have been denied at different banks or financial institutions are easily accepted in these places.
These companies usually request some amount in advance, claiming that this amount is essential for the release of credit to occur, be it a deposit or even fees of different names to lead the customer to deposit the account. However, the details of the bank account in which the deposit must be made refer to individuals, in addition to the email address also being incompatible with the company itself.
So stay tuned! Before closing any loan doubt companies that accept any type of profile with low interest and request deposits in advance. Qualified and certified companies do not ask for any advance payment and make online quotes free of charge.