The accounts do not come out, the expenses are not covered, what can we do? Requesting a personal loan may seem like a solution but it means returning this amount with your interests, so before requesting anything, we must analyze what its benefits and risks are.
And is that before asking for a loan we must reconsider all expenses, raise any necessary cuts and see the rest of the options. Think that any readjustment will help to assume future costs, although finally, we decide to request it.
If we finally choose the option to ask for financing, in the first place we will have to make numbers, it can be very useful a comparison of credits to see which is the loan that would be more profitable.
Consumer loans have seen their interest rate rise while their concession has been reduced.
With the crisis, interest rates on consumer loans have increased considerably while their concessions have decreased and consequently seeking and negotiating conditions is longer and more complicated.
Keep in mind that you should not abuse the amount to request. The most advisable thing is to look for a loan to solve a specific problem of liquidity, otherwise, the only thing they will achieve is that we aggravate our situation even more.
It is important to not lose perspective and not deceive ourselves. We must flee from the “ball effect”, that is, ask for a loan to cover other debts, since we can enter an escalation that could be drastically broken when the concession is cut and we find ourselves with an unattainable debt. The same applies to credit cards, which currently have the same consideration of “pre-granted” consumer credit.
On the contrary, if we have an income horizon in the future and the problem is temporary, it is not a bad idea to request a loan or have funds from our credit card.
Requesting money from a bank to make ends meet is now quite complicated by the current crisis situation. The easiest way to get a personal loan is to ask PurplePayday.loan.
Many times we do not value sufficiently the importance of the payroll and entity accounts in which we link our periodic income. The reason is very simple: know our patterns of income and expenses by analyzing our banking movements.
If our bank denies us the credit it is possible that other entities ask us to link with them through some financial product If the bank we work with tells us that no or the interest is too high it will be time to find another entity that wants us to lend us the money, in exchange for our commitment to bond with her, in most cases.
We have to always offer something in return, direct the payroll, transfer our pension plan, take out the insurance of the car or the house with your insurer … in short, link with the bank. Cross business is essential if we want to get a good loan.
To consider if a personal loan is better than another we have to fix: