What rate for a repurchase of credit?


Do you already have a loan in progress, but want to benefit from a better rate? The repurchase of credit is then a solution allowing you to profit from more advantageous conditions while reorganizing the loan. What advantages and what rate can we really hope to obtain?

Why buy back credit?

Why buy back credit?

A credit repurchase consists in somehow “transferring” your credit from one company to another (or even within the same company). The advantage of this solution lies in the possibility of changing the loan conditions:

  • Duration : during a redemption, you can modify the agreed repayment duration. By spreading the repayment of the loan over a longer period, you thus reduce your monthly payments.
  • Amount : a redemption can also be accompanied by a credit supplement .
  • Rates : the repurchase of credit is also an opportunity to renegotiate the rate , generally downward.

What rate can we hope to obtain?

What rate can we hope to obtain?

The repurchase rate of credit will depend essentially on your financial situation and your antecedents. In order to get a lower interest rate:

  • Make sure you present your financial situation in the best possible light , especially remember to declare any incidental income.
  • Make sure you have paid all of your current personal loan bills regularly and on time.

The rates applied to loan redemptions are the same as for loans, namely between 5.9% and 9.9% in Switzerland, depending on your situation. If you have a personal loan with a high rate, see more than 9.9%, the chances will be great to get an attractive drop. To guarantee the best rate for your buyout or combination, it is best to contact an experienced contact such as Multicredit.

Redemption at the same rate?

Redemption at the same rate?

It may happen that you are offered a redemption rate identical to your previous rate. The redemption can nevertheless prove to be interesting, in particular if you wish to request a supplement or simply reschedule the reimbursement over a longer period. Be careful though, because increasing the repayment tenure will increase your interest rate.

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Does the person in debt have a chance for a cash loan?


It would seem that the indebted person does not have the slightest chance to get a cash loan for even the smallest amount. In reality, however, it is different. Even a person in debt can borrow money and thus pay off another cash loan. There are at least a few places where we can incur such another debt.

Let’s start with the so-called cash emergency

money cash

Here you can get loans ranging from USD 1,000 to a maximum of USD 25,000 with a loan period of between six and 36 months. The credit decision is instant and the borrower who repays the debt collector’s debt may also incur a liability. APY here is high and equal to 89.93% per annum, but on the market you can find much more expensive loans for people in debt.

The Cash Maker is another place where our indebted one will get another cash loan

money cash

Here the range of amounts is lower and ranges from 100 to 2 000 USD . The liability can be repaid within 15 days, within 30 days or in two installments. Lack of customer verification in the Credit Information Bureau increases the attractiveness of this offer. In addition, if it is our first loan, it will be completely free. We do not need to have any income statement and we may have a different debt and account. We’ll get a loan here, but the second loan will cost us dearly.

Capital Credit Lending offers clients cash loans up to USD15,000, for which repayment must be made within a maximum of 48 months. A minimum of formalities and an available loan calculator on the internet allow you to check how much this loan will cost us. As for costs, they are really huge. The APRC here is 197.61% per annum.

Having other debts by adding even more debts can really worsen your situation

money cash

The cash register installment maker is one of the novelties that have recently appeared on the financial loans market. In this institution, the indebted person has the option to incur liabilities from USD 1,000 to a maximum of USD5,000. The liability can be spread over a minimum of six installments, while the maximum liability can be repaid over a period of two years. The loan decision is instant and you can get it in up to a quarter. We will deal with all formalities online without sending any income statement. Everything is beautiful, but where is the catch? Well, APRC contributes as much as 160% annually here. As you can see, this is a costly loan commitment and it is worth thinking about whether we can afford more debts as a person in debt.

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Loan repayment | Rescheduling of loans


If you want to reschedule a loan, you have to pay attention. Conversion of loans with the DSGmbH The mortgage lending experts are there for you – whether in a one-to-one interview, by phone call, form or e-mail. To do this, choose the one that works best for you from the contact options below. Therefore, we always treat them strictly in accordance with the legal requirements and based on existing and future business relationships between you and us.

Credit cheap – without prepayment fee – reschedule debts! 

Credit cheap - without prepayment fee - reschedule debts! 

Many consumers therefore wonder whether and under which conditions they terminate an existing credit agreement with a higher interest burden early. Early Termination: For example, a borrower may terminate a mortgage loan with a notice period of three calendar months if he has a reasonable conflict of interest and the loan has been disbursed more than six months previously.

This legitimate right exists above all if the borrower wishes to realize the security provided for the loan elsewhere. This usually occurs when the borrower wants to sell his property as a security for the loan contract. In these cases, Lite lender company can demand a prepayment penalty.

What is the prepayment penalty (VFE)? In the case of a prepayment penalty, Lite lender company, as the lender, requires the debtor to compensate for the (interest) loss resulting from the early repayment of the loan. Defense against the right to compensation for early arrears :: However, the debtor is not always forced to pay a prepayment penalty. For example, there is no prepayment amount if the prepayment of the loan takes place via a residual debt insurance because the debtor has become unemployed or unable to work or has died.

Credit agreement provides insufficient information about its duration

Credit agreement provides insufficient information about its duration

In addition, damage can not be taken into account if the credit agreement provides insufficient information about its duration, the right of the borrower to terminate the contract or the calculation of the early repayment. Special constellation: Resignation in the case of faulty cancellation policy: If the borrower is a consumer in the sense of 13 BGB, he is generally entitled to a right of objection – even if it concerns a real estate loan.

Such a right of withdrawal, which results directly from 495 BGB for consumer credit agreements or could also arise in the case of a so-called door step situation (312 BGB), must be applied to the bank client from the house bank fully and correctly. Otherwise, the opposition period does not expire and the borrower can recall it almost indefinitely.

As a result, the customer has the opportunity to terminate his remaining loan agreement without the house bank being able to demand early repayment from him. In addition, the borrower may also be able to claim the reimbursement of overpaid interest payments if the contractual interest rate was higher than the market interest rate at that time.

Incorrect calculation of prepayment penalty: Although there is a case in which the borrower has to pay a prepayment penalty, the practice shows that the bank customer should check the – often wrong – calculation. Legal consequence of an unduly paid early repayment penalty: If, at the request of Lite lender company, the borrower has already paid a prepayment penalty upon termination of the loan without Lite lender company being entitled to demand it, the borrower may, under certain circumstances, still be in a position to: to demand repayment of this claim at a later date.

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Tips on Managing Online Loan Funds To Be Right on Target


Good Finance providing online loan funds has a wealth of benefits. The requirements for obtaining an online fund loan are much easier than other loan sources. However, these benefits can be a double-edged knife for online loan funds users

A fast online loan can help with the need for funds. Even so, the E-Money as a borrower cannot be rushed to take advantage of his service!

Incidentally, online loans that are supposed to meet urgent needs are instead used for consumer needs.

Well, it’s dangerous to use an online loan if you’re not careful about managing your loan funds!

  • Targeted needs are not being met.
  • Dig a hole, cover the hole.
  • Stuck in the thick of debt burden.

Borrow at a trusted Good Finance

Borrow at a trusted Good Finance

Before borrowing money on a Good Finance application, there is one thing that Smart Brands must do, which is to make sure that the Good Finance used is reliable.

What are the requirements of trusted Good Finance?

The Good Finance must already be registered with OJK. This guarantees the legality of the online lending service provided by Good Finance.

In addition, another requirement for Good Finance to be trusted is the availability of contact information.

These contacts can be a work phone number, Customer Service number, a clear work address, or a social media account that can be a contact.

The availability of these contacts guarantees the safety of the E-Money as the Good Finance user is experiencing difficulties while using his services.

Separate loan funds and personal budgets

Separate loan funds and personal budgets

After receiving the loan, immediately split the loan and personal money. The purpose of separating these funds was to prevent the E-Money from misusing loan funds for other consumer purposes.

For example, if the loan money is already mixed with your personal budget and not used properly, you may forget to apply for a loan.

In the end, even the E-Money can be late and pay the loan.

Aren’t you going to pay the loan amount?

Therefore, once you receive the loan, use it immediately to meet your needs!

Create an expenditure plan

The expenditure plan was created in memory of the E-Money using the loan money as originally planned.

Make as detailed a plan as possible for the loan allocation, and keep in mind the amount of the loan. Also note the huge loan + interest rate to pay off.

Once the funds have been used, record the withdrawal report from the loan.

In this way, the allocation of loan funds can be monitored well and targeted.

Pay off the loan immediately

Pay off the loan immediately

If you already have a replacement fund, E-Money won’t have to wait until repayment is due. Pay off the loan as soon as you have the money to pay it off !.

The reason is that repayment before maturity reduces the risk of bad credit scoring that could impact your future loan application.

In addition, delaying repayment increases the risk of delay and even failure to pay as the money available may be used for other purposes.

By paying off the loan before maturity, the next Smart Dental loan will be easier to accept. It could even be that E-Money gets an additional loan limit because of his good loan history.

By leveraging online loans wisely, Smart Friendly can achieve your desired financial goals.

Well, the most reliable Good Finance for an emergency loan is Good Credit!

Online loans on Good Credit are easy to get! All you have to do is download the application, fill out the requested personal data, and then the loan can melt into your account within hours. Let’s prove the loan process is fast and convenient.

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Credit to people with a liberal or independent profession


Are you an entrepreneur and want to get credit for independents? Even when the agenda is well filled, entrepreneurs find it difficult to obtain credit from a bank.

No fixed employment contract


They do not easily accept credit when there is no fixed employment contract and regular monthly wages.

When certain credit institutions refuse the application, others accept it but demand the payment of higher interest rates.

Independent as a risk group


After a thorough study, many banks consider lending to people with a liberal and independent profession as high risk and refuse any negotiations.

From a banking point of view, prudence in the right to credit is easy to explain. Institutes prefer creditors who can pay their tuition fees without any difficulty.

How often, people in a liberal or independent profession have high wages, but their requests are refused, as their wages are neither regular nor guaranteed in the long term. For these people, the financial risk is considered to be higher than for an employee.

The search for an advantageous credit in these conditions becomes slow and difficult. Without unavoidable difficulties, at Sean Cole, you will be accepted as a creditor if you wish to obtain credit for the independent.

What are the conditions for an independent credit?


Certain obstacles must be overcome: the creditor must have proof of domicile fixed in Switzerland, be of legal age and have no negative registration with the office of poursuites and GFI.

In addition, an independent person must present other documents such as – the last definitive tax attestation, as an independent or liberal person – the attestation of a minimum annual salary of USD 40,000.



It is usually difficult for an entrepreneur to obtain credit from banks. However with Sean Cole’s chances of getting a loan are much better. We finance in a simple and advantageous way so that you can focus on your activities.

You have a credit calculator on our website. This allows you to calculate several variants for your credit. You can immediately make your application for private credit online.

If you have a specific question or need further clarification, Sean Cole, which is available by phone, is at your entire disposal.

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What are credits and in what cases apply for them?


When there is an emergency or unforeseen that requires liquidity, it is usual to request some type of financing as a loan. Credits are the best option in emergencies as they usually offer a fast, convenient service and in the best possible conditions.

During what we have this year, there are many people who have requested this type of financing. We tell you what are the most requested credits of 2020 .

What are credits and in what cases apply for them?


Loans are a type of financing offered by financial institutions and are characterized by being fast and of amounts not as high as in personal loans.

It is convenient to request a fast loan in cases where liquidity or financing is needed quickly to be able to assume some urgency or unforeseen , since it is the fastest financing.

It is also possible to apply for credits for other types of purposes, such as financing a summer vacation or buying a new car, you choose the purpose of the financing. The most important thing is that you take into account your economic capacity and do not ask for more than necessary to avoid falling into an indebtedness.

Most requested credits in 2020

Most requested credits in 2020

This is one of the most requested credits of 2020, it allows you to order from a minimum of $ 1,000 to a maximum of $ 40,000 for the purpose you want. You can also return it comfortably in up to 72 months.

Good Finance Revolving Credit is being one of the most requested credits of 2020 for its flexibility and for the convenience offered by this line of credit. Good Finance allows you to have an amount of up to $ 4,000 and it is you who decides how much of that amount to use. That is, you can make use of the entire credit or only one part. In addition you will only pay for the part of the credit you use.

Revolving Credit has been one of the most requested loans in 2020 because it represents financial support that provides peace of mind and flexibility before emergencies or unforeseen events for people who request it.



Another of the most requested loans of this 2020 is the fast loan of Currency Now that offers an amount of up to $ 5,000 . One of the great advantages of this loan is that you will receive a response in no time. You can also return the fast loan of Good Credit in a term that goes from a minimum of 6 months to a maximum of 36 months.

These have been the most requested credits in what we have in 2020. Without a doubt, everyone has the flexibility and convenience of being able to apply online and to be able to choose flexible repayment terms adapted to each economic situation.

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How to get out of debt


Loans are everyday life – they allow you to buy things faster that would have to save money for months or even years, but sometimes, as circumstances change, they turn into a burden that can be much harder to drop than to build.

The worst way to get rid of loans is to take new loans. This ends the deadlock early or late – bad credit history, which can make it difficult to get banking and other services, and huge monthly payments. There’s a giant snowball that won’t be easy to get rid of, but it’s possible.

Naturally, the difficulties that a borrower may face are different and each situation is unique. One is passionate about “fast money” and suddenly realizes that this passion is starting to make life difficult, another has a sting – health problems or lost jobs, another in business failure, etc. So there is no universal advice that could be given to everyone.

First of all, it is desirable to go to your bank and tell the situation

First of all, it is desirable to go to your bank and tell the situation

A bank specialist will evaluate it and help you find a solution. Second, if there are multiple credits, you need to understand which one is most important. For example, if you have a mortgage, not paying it can end up with a foreclosure. This is also likely to be your most important payment.

It is extremely important to evaluate your budget and give up all that is unnecessary. It may be a weekly cinema visit or a more careful shopping choice with a focus on discounts. Impulsive purchases must be abandoned. In this respect, it is worth considering online shopping, which allows you to make smart purchases within a certain budget without a hurry. It is extremely difficult psychologically to give up the standards of life you are used to, but stepping back, you can then go up again, but with the experience, you have in your pocket.

Small loans are pushing – who can help you?

Small loans are pushing - who can help you?

Someone who gets stuck in small loans sometimes feels like he’s in a vicious circle. Different non-bank lenders offer to combine all your loans so that you owe it to only one company. The Latvian Association of Alternative Financial Services, which represents legal non-bank credit institutions, offers a solution for those who are no longer able to meet their credit obligations.

To avoid situations where the penalty interest rate increases to the amount borrowed, go to this organization and they will help you to negotiate with the lenders for gradual debt repayment. However, this applies only to companies that are members of the association and agree on fair play principles.

Sometimes you get the feeling that you are left alone with your problems and there is no way out of it – you don’t have the courage to go to the bank because there seems to be no solution. However, it is important to remember that even in the most difficult situations it is possible to find a way out. A focused and disciplined approach to managing your finances and reviewing your daily routine is important, as is an open and timely conversation with your lender.

Banks have the potential for credit restructuring, which means changing the terms of a loan to reduce loan payments for a certain period of time and make it easier to meet liabilities. The main goal is to get the borrower back to full compliance. It is possible to arrange a “credit holiday” or deferral of the principal of the loan or extension of the loan repayment term. This will allow you to reduce your monthly payments for a limited period and allow you to recover from a difficult situation.

It is also possible to negotiate a combination of several short-term loans in a single extension agreement – this solution helps to structure all the loans (eg credit line, credit card, consumer credit) in one go and to start repaying them. In the case of both short-term and long-term loans, it is also possible to add “small” loans to “large” loans, which significantly reduces the monthly payment of the total liabilities.

Snowball – hurrying forward


Problems with credit are all over the world – people sometimes like to spend more than they can earn. You may find you have some tips from American psychologists on how to gradually get rid of credit. Snowball method. The idea is quite simple. List all your credit payments on the page, from the lowest amount to the highest. If there are two similar payments, the first is the one with the higher interest rate.

Set aside any amount that is available to you in addition to covering the payments and write off every month the smallest amount of credit. When you’re done, move on to the next one. The amount you will be able to afford will increase because there is one credit less. Continue until all credits are paid. The advantage of this method is that you will feel the results pretty quickly, leaving behind one small credit after another.

The second method is similar but more economically sound. Do the same as above, just the other way around – this time we’ll start with the biggest loan with the highest interest payment. The disadvantage of this method is psychological – it will take longer to pay off the first loan, but it will pay off.

Deleting the principal amount of the loan with the highest interest will reduce your total cost more rapidly, but the moment it is paid off will be a real holiday, with the pleasant feeling that the dog is in breach. It is important at this point not to “break” for joy and to continue what you are doing. Take and start repaying the next loan with the highest interest payment and it’s up to the winning end.

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