geileshandy.com http://geileshandy.com/ Sun, 13 Sep 2020 12:07:26 +0000 en-US hourly 1 https://wordpress.org/?v=5.5.1 Promissory note loans: if you can, avoid them! http://geileshandy.com/promissory-note-loans-if-you-can-avoid-them/ Sun, 13 Sep 2020 12:07:26 +0000 http://geileshandy.com/?p=23 At present, promissory note loans are among the most popular loan products. Both borrowers and lenders like them, and we’ll talk right away.

From the lender’s point of view, this is one of the most reliable and least risky forms of liability, for one simple reason. The enforceability of the payment of the bill of exchange is high and the creditor, therefore, has no reason to be overly concerned that he would not get his borrowed money back!

It is therefore not surprising that it is offered by virtually all credit market participants – from banks, through non-bank institutions to private lenders.

People who need to borrow or take loans

For people who need to borrow, loans conditional on a bill of exchange are attractive because they can be settled really quickly and without unnecessary bureaucratic delays.

You do not have to prove the amount of your income or submit bank statements, the creditor is not interested in the purpose for which you intend to use the borrowed funds and in most cases does not even look in the credit register to see if you are on the blacklist of defaulters. You don’t have to look for guarantors or set up your movable or immovable property.

You play the bait, so to speak, with bills

In this way, even the unemployed, non-earning entrepreneurs, or old-age or disabled pensioners can really get to quick money. Lenders will tell you that such a loan is also without any guarantee, but this is not entirely true!

In fact, you are guaranteed by a bill of exchange, and that turned into a change that means that you are actually potentially liable for all your private property! So watch out for this and before you decide on this type of loan, you’d better read our article to the end!

TIP: Apply for a loan through our online form. We only work with serious and fair non-banking companies that will not try unfair practices on you and you can really decide on the type of loan product that will be tailor-made for you and will not pose an unnecessarily high risk for you!

What exactly is a bill of exchange?

But to get to the root of the matter, let’s first clarify what the bill is! At first glance, someone who is unfamiliar with the loan segment may encourage this word to look into the dictionary of foreign words (despite the fact that it is a purely Slovak term), but the whole issue of bills of exchange is not as complex as at first glance. may seem.

A bill of exchange is security stating that the debtor undertakes to pay the creditor the agreed amount of money. The bill of exchange is always issued by the creditor, ie the entity that lends you money (we also talk about it as the owner of the bill of exchange). By signing in, you, as the borrower, confirm your commitment statement, which follows from the pre-agreed conditions written in the loan agreement.

In practice, this means about the fact that, as a debtor, you have signed a bill of exchange to declare that you will pay the creditor the agreed amount of money for the bill of exchange within a predetermined period and in a predetermined manner.

The bank, non-bank company, or private lender as a creditor thus has the right to pay this specified financial claim on your part as a debtor. It is clear: you have an obligation to pay and the creditor has the right to perform! There is no way to get out of it!

Watch out for blank bills of exchange!

So far, we are talking about a classic bill of exchange, which states how much and to whom you owe, the date of filling in the bill of exchange, its due date, method, and conditions of payment. It is mainly used for short-term loans for lower amounts. In other words, you borrow and undertake on the bill to pay the principal (that is, what you borrowed) to the creditor on a predetermined due date, plus interest and fees.

But now be careful! When providing various loan products, especially for loans from non-banking entities, a situation arises where you do not sign an ordinary but a so-called blank bill of exchange. And that poses a big risk for you!

Why? What is it all about? A blank bill of exchange is a bill of exchange in which the amount to be paid by the debtor is not filled in. The word bianko, which has its origin in Italian, meaning “white”, “pure” or “empty” speaks for itself in this case.

By signing in, you, as a debtor, voluntarily undertake to return an unspecified amount of money.

Only the creditor is entitled to enter the amount per blank bill of exchange under the pre-agreed conditions written in the loan agreement.

This means that if you guarantee a blank bill of exchange, you will sign a deed that does not state any amount of your future loan obligation. The amount is written into it by the creditor, for example, when you stop paying the agreed monthly installments, ie in the language of the financiers – you break the installment calendar.

You probably already know that it probably won’t be a small amount of money and…. don’t be wrong! By failing to repay and thereby violating the terms of the loan agreement, the bill becomes immediately due and the lender has the right to recover the remaining part of the loan from you, which has not yet been repaid.

He will write not only the amount of the principal with contractually agreed interest on the blank bill of exchange but also various fees and penalties for late payment. The result? The final amount of the receivable from the creditor usually exceeds the amount of the borrowed financial amount several times over.

TIP: If you can, you’d better look for loans that don’t use a promissory note to secure your repayment. There are always several ways to get the quick money you really need right now. If you apply for a loan online from us, the operator of one of our proven non-banking companies will contact you with a solid offer, which will solve your current lack of funds without unnecessary risks.

You don’t even know-how and you can start flying in a very unpleasant pain because of such a precarious situation. The borrowed thousand can grow in the worst case to a four-digit debt, which, if you have been in a bad financial position before, you will not be able to settle.

The courts decide on the claims from the bill of exchange in summary proceedings!

Given the creditor’s legitimate right to payment of this claim, the standard procedure is almost always followed in such a case. The creditor will apply to the court, which will issue a promissory note payment order without delay (which is a clear proof of your commitment to settle the debt without delay).

If you are unable to comply with this payment order due to your unhappy financial situation, an executor will take the stage, who will not cuddle with you and impose the execution on practically everything that the legal limits allow. And the execution proceedings are very fast!

But let’s not just scare you: if you are able to repay the loan honestly and strictly adhere to the repayment schedule, you don’t have to worry! As mentioned above, the lender cannot arbitrarily do what he wants with you just because you have signed him a blank bill of exchange.

It must comply with all the provisions agreed in the loan agreement. If it weren’t for that, it would be a different chapter and it would be usury.

You will not find this in the case of non-banking companies, but it is appropriate to remain vigilant in the case of private lenders. There are still many impostors who are able to abuse the plight of inexperienced, overconfident, or less intellectually advanced people for their own enrichment.

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Credit for person on file: what is possible? http://geileshandy.com/credit-for-person-on-file-what-is-possible/ Fri, 28 Aug 2020 11:56:00 +0000 http://geileshandy.com/?p=10 Going bad credit can be a barrier to borrowing money. However, this is not always the case. What is possible if you want to borrow money? More than you think!

Borrowing money starts with a “creditworthiness” test. This allows the lender to assess whether you are able to repay the loan.

Fixed and permanent income securities

First, your income should be fixed and stable. However, this does

not mean that only people with an open-ended contract can get a loan. You can also borrow money with a permanent benefit, such as a disability benefit. In recent years, lending opportunities for independent entrepreneurs have increased.

The amount of your income ultimately determines how much you can borrow.

Additionally, lenders will check if you have other loans. They do it through Cream Bank. All loans taken out in Belgium are registered with it. For a long time, access to your file

No problem loan with Cream Bank registration

Chances are you are registered with the Cream Bank. In addition to consumer credit, mortgages, overdrafts, credit cards and certain telephone subscriptions are also classified as loans.

For the sake of clarity, Cream Bank registration does NOT mean that you cannot take out a loan . Lenders will check if they are responsible for taking out a new loan in addition to your current loan (s) and what the amount may be.

In fact, an NBN record may even work to your advantage. If you have always met the payment obligation, this is positive for your risk profile. Companies are then more willing to make the loan.

It is difficult to lend money with a Cream Bank file

Borrowing money becomes more difficult if you have a Cream Bank file, because it means that there is, or has been, a payment arrears.

There are several Cream Bank listings:

  • An H rating, or ‘recovery’, means that you have no more arrears. Code H will remain in effect for 5 years after you have paid off the entire loan, regardless of when the arrears were paid.
  • The codes A1 to A4 mean that the arrears have not yet been settled. The weight of the Cream Bank file goes from a payment agreement concluded to the inaccessibility of the borrower, inclusive.

In case of negative filing, it is possible to contract a loan with the code H. Your arrears of payment must therefore have been settled. The weight of coding (A1 to A4) of the past determines whether you can finally borrow money.

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Installment Loans For Bad Credit http://geileshandy.com/installment-loans-for-bad-credit/ Wed, 08 Jul 2020 11:50:00 +0000 http://geileshandy.com/?p=3 Installment loans for bad credit are great loans for many people. If you have a bad credit history then there is good news. By taking an installment loan, your bad credit can be rectified and you can get out of debt.

Bad credit is something that a lot of people have to deal with. It does not matter what your financial situation is, if you have bad credit then you will have to pay for things such as your home or your car. You can find some money in the car if you cannot pay for it, but most people cannot afford this type of finance because they do not have any money to pay the entire amount on their credit card.

You can consider a loan to help you pay off your bad credit

Before you can go ahead and get this type of loan, you need to find out what you can qualify for. Most of the time, if you have good credit you can get this type of loan.

Getting an installment loan to help pay off your bad credit can seem like a bit of a hassle. However, it is possible to get one approved. You may want to consider getting a lower interest rate as well. This way, you can save a lot of money that you would have to pay in closing costs.

Before you sign up for this type of loan, you need to be sure that you understand all of the terms and conditions. If you do not understand anything then make sure that you get a loan officer that can explain the process to you. Not understanding the loan is a sign that you are having trouble and is something that you need to change.

These types of loans are also called revolving loans

They can offer the option of paying in installments or paying them off completely. The whole idea behind this is that the more you pay each month for the loan, the lower your payments will be over the length of the loan. After the loan is paid off, the lender will again ask you to pay a little extra, just to cover any additional costs of the loan.

There are many different types of this type of loan

Some are for individuals who have bad credit, others are for people who are delinquent on their payments. Whatever your situation, you should be able to find a loan that is best for you.

With an installment loan for bad credit, you will find that there are various offers out there. The one that you take depends on the amount of money that you are trying to pay off. In addition, the interest rate can vary a lot depending on your credit.

There are several things that you can do to help improve your bad credit. The first thing that you can do is to make sure that you keep up with your payments on time. Be careful about how much you spend, because if you spend more than you can afford to pay off, then you will fall further behind and will only end up paying more in the long run. You can also apply for credit so that you can improve your credit score.

The credit report can be damaged if you do not pay your debts on time. The longer that you pay off your credit cards, the better the rating of your credit will be. Eventually, you will find that your score will improve because you are paying off your credit cards on time each month.

Another option that you have with an installment loan for bad credit is to take out a secured loan. This is a loan that you can get without putting down a large amount of money, as long as you have a deposit. Usually you will payback the money in one payment and then you can move onto the next installment.

If you have bad credit, then you should consider getting an installment loan for bad credit. When you pay off your credit cards in a timely manner, then your credit will improve.

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Getting Instant Approval for Online Installment Loans http://geileshandy.com/getting-instant-approval-for-online-installment-loans/ Tue, 02 Jun 2020 11:50:00 +0000 http://geileshandy.com/?p=2 Online Installment Loans Instant Approval

When it comes to online installment loans, there are a number of features that you should know about to be able to get the loan you need with the best possible deal. With a little bit of effort and a few tips, you will be able to find one that fits your needs and is best suited for your situation.

Few tips to consider before getting an online installment loan

First, you need to know what sort of payments you will be able to make and the repayment options available to you. Some installments of these loans will only require you to make small monthly payments over a period of time and the terms will often allow you to spread the monthly payments out over a long period of time. Some payments will require you to pay a single installment over a period of months and others will need you to make large monthly payments that go out in quick increments.

This is one of the more important details when it comes to online installment loans and knowing exactly what payments you will be able to make and how much of your payment will go to the company that is servicing the loan is very important. Make sure you know exactly what the payments will be and if they will all go to the company that is servicing the loan, this may help you understand how much of your payment will go to the lender.

You will also find a number of different types of installment loans that are offered by the different companies. You will find:

A loan for those who do not have a lot of cash to offer as collateral, but who would like to make a large, lump sum payment on a number of items within a short period of time. This type of loan requires that you make a very small monthly payment, but when you pay it back, you will end up paying the amount that you borrowed back minus the amount that you saved by not having to pay any additional interest.

What does online installment loan requires?

This type of online installment loans will require you to make smaller monthly payments over a longer period of time, so make sure you know the term of the loan carefully. You will probably want to start out making a low monthly payment and then pay off the loan as soon as you are able.

This type of loan is typically a second mortgage that will allow you to borrow money against your home to purchase a new home. If you were to default on the loan, the lender can foreclose on your home and sell it to pay the loan off.

This type of loan is often used by those who are in the market for a home but do not want to be tied down to just one lender. While this type of loan is more expensive than other types of loans, it is often a better option than buying a home and being tied down to just one lender for the rest of your life.

This type of online installment loans is usually one that has a higher rate of interest than others, so be sure you are comparing apples to apples when it comes to the terms of the loan before signing on the dotted line. This type of loan is generally offered by lenders who are looking to get their hands on some of the money that you save by not having to make payments.

This type of online installment loans is often called a cash advance because the money you receive will come from a bank or other lending institution. Be sure that you understand exactly what you are getting into before you sign up for this type of loan.

These are the most common online installment loans that are offered. If you need money quickly and don’t have much of a credit history, these are the loans for you.

Before you sign on the dotted line for any online installment loans, it is a good idea to do your homework. Go online and review the fine print and understand exactly what the conditions are and if you qualify for any of the online installment loans.

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Credit broker in 2020: will there still be free credit brokers? http://geileshandy.com/credit-broker-in-2020-will-there-still-be-free-credit-brokers/ Fri, 15 May 2020 11:59:00 +0000 http://geileshandy.com/?p=16 Acquiring real estate and owning is the dream of many people. It is a project that requires substantial capital. In order to raise the necessary amount, it is often necessary to take out a mortgage. But to get the best real estate rate, going through a real estate broker is an effective solution. It is possible to use the services of a free broker or a paid broker. Will there still be free credit brokers?

Credit broker in 2020: what is the situation?

If you are looking for a real estate broker, you may have come across free and paid services. Both types of brokers receive a commission on loans obtained from banks. But the difference generally lies in the administrative costs. In fact, paying brokers bill their clients the fees. File fees are often between 1% and 2% of the amount obtained from the loan. Other brokers charge an average commission of 1000 dollars per file. Immofinances.net was until the end of 2019 the 1st network of free credit brokers.

But for this year 2020, the banks’ policy with regard to the business transfer commission has evolved, some banks such as Lite Lending and some Good Lenders Credit have simply stopped collaboration with all of the brokers, others have lowered their brokerage commission rates, such the Cream Bank and Best Bank. Very difficult for brokers to find a balance in their operating account… Free brokers are the first affected… because depriving yourself of client fees and moreover, suffering a shortfall for the same job is a fairly delicate exercise.

In this climate, some free brokers have become paying. Immofinances.net opts for a mixed formula. This is the “all inclusive 1% formula”, the bank commission added to customer fees must total 1%. Immofinances.net announces “to offer up to 100% of its fees according to the conventions of the banking partners except professional credits, rental loans and grouping of credits”.

In fact, we can read on the site, Immofinances.net invoices 1% of fees from the amount financed to the client from which is immediately deducted the commission to be collected by the bank retained by the client. The client is therefore billed the difference when the bank pays the commission to the broker.

In 2019, this commission was 1% of the sum obtained by the client. For this year 2020, it can be up to 0%, 50%, 70%, 80% or even 100% of the loan amount depending on the establishments. The client may thus be liable for a commission of 0 to 1% of the financed amount invoiced by the broker.

Why use a mortgage loan simulator?

The 1% of the loan amount can constitute an additional charge for many borrowers, however the quality service report at a moderate cost is exceptional, there are takers…. To remedy the situation, you will be able to use the mortgage simulator with a credit expert Immofinances.net near you. The simulators are present on the sites, simple to use, free, but also available 24 hours a day. To use them a few clicks are enough for the appropriate form. You will, for example, be asked to provide your name, the type of loan you wish to take out, the duration of the loan envisaged, your charges, as well as your income.

How to calculate your borrowing capacity?

Before you start looking for the best financing, you will need to know precisely your borrowing capacity. There are several tools to achieve this, the mortgage calculator for example. You just need to enter the desired amount, the total duration to get the monthly payment.

Generally, the calculation is based on a duration of 7 years to 25 years. Logically, the longer the duration of the contracted loan, the higher the rate. All the credit experts of the Immofinances.net network are at your disposal to optimize your real estate project.

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