My WordPress Blog Mon, 11 Mar 2019 15:53:51 +0000 en-US hourly 1 Loose loan prematurely: they must pay attention! Mon, 11 Mar 2019 15:53:51 +0000

Replacing a loan is a tempting solution to financial constraints given low interest rates. However, it should be noted that the pure interest rate does not yet include the expected final amount. This is composed of several factors. The replacement itself is not free and must therefore be taken into account.

All facts about the guide “Replacing credit early” at a glance:

  • In the event of early loan repayment, the remaining debt is to be settled with a single final payment.
  • Whether a new contract can be concluded or a renegotiation of the conditions can take place and is dependent on the goodwill of the credit provider.
  • For objective evaluation, the following criteria must be taken into account:
    • the period,
    • the amount of the installment,
    • the repayment installments in the case of repayment loans,
    • the interest payment and
    • compound interest effects

1. What does it mean to replace a loan?

1. What does it mean to replace a loan?

Basically, there is not much behind this name: The loan is not yet fully paid off, but the loan agreement – mostly overpriced conditions – should be terminated. This desire of borrowers accumulates with falling market rates.

Premature repayment of loans

Here, however, there is a problem. The banks have included price fluctuations in their calculations. At times of higher market interest rates, they leave the low interest rates in favor of the borrower and at times of low market interest rates they leave the relatively higher interest rates in their own favor. Give and take, so to speak! If all borrowers now come up with the idea of ​​replacing their old loans with higher interest rates with new loans with lower interest rates, sooner or later banks will lose money. This is to be avoided in the interests of all parties. Therefore, you can not even replace a loan.

The financial institutions demand so-called prepayment penalties to compensate for the resulting economic damage. In principle, they have every right to do so. The contract is finally terminated without real reason and replaced by a loan with more favorable terms. Finally, homeowners are not allowed to terminate their tenants to collect rents from the highest bidder. But what is strictly regulated in tenancy law, works in the financial sector on the payment of fees.

2nd renegotiation or new contract?

2nd renegotiation or new contract?

Of course it is tempting: The banks are luring with loans with an effective yield of less than 5 percent! Ten years ago you yourself closed a loan with a sensational 8 percent. But pride in his own negotiating skills fades in the face of low interest rates.

Options to replace a loan early

In principle, contracts can always be renegotiated. It is never wrong to look for a conversation with the bank adviser. Even in the case of online loans, at least the communication and renegotiation can be tested by means of email traffic. In case of doubt, personal consultations by phone, at home or in a branch are certainly possible. Before the frustration in the face of possibly considered too low concession leads to ill-considered decisions, you should inform yourself about all follow-up costs in advance. As already mentioned above, the lenders are entitled to claim so-called prepayment penalties.

These prepayment penalties may be so enormous that it is no longer worthwhile to repay the loan. In § 502 BGB the maximum height is exactly regulated. Up to one year before the end of the term, the compensation may not exceed 1 percent of the premature repayment amount. Within the last year, 0.5 percent of the outstanding amount may not be exceeded. The conclusion of a new contract can also bring a closing fee. Also, the question is how much confidence the new bank has in the borrower if the credit agreement has been previously terminated. Therefore, it is quite possible that in this case the termination conditions are already tightened in the contract.

Whether rescheduling or new contract depends on the conditions, conditions and circumstances. These must be carefully checked in advance in order to avoid possible overriding. Basically, this is also a balance of advantages and disadvantages.

3. These values ​​must be taken into account

The most important values ​​here are the term, the amount of the installment, the repayment installments in the case of repayment loans, the interest payment and compound interest effects. It helps to make a tabular list in order to make the different loan conditions clearer.

The term is directly related to the amount of the installment. These must both be in realistic, comprehensible areas. Too high installment payments lead to shorter terms, but at the same time mean a greater rejection of consumption in everyday life. While lower installment payments are more enjoyable in everyday life, in most cases they are associated with higher total return. If the interest rate is possibly constant, the duration of the loan agreement will cause interest payments to accumulate over a longer period of time and, consequently, the overall effective interest rate to be higher.

Depending on the type of loan, payments may vary over time or remain constant. Here is a precise financial plan from the lender helpful, so as not to get confused with their own bills. Furthermore, special conditions must be taken into account. In view of the often dynamic life course, changes to the credit agreement must also be taken into account. If change flat rates, service and processing fees are already factored in, this is an advantage. Otherwise, these costs should be asked and planned realistically.

Relevant values ​​for comparing loans

After successful research, the values ​​can be listed in a table and the amounts summarized. If another loan, taking into account all special payments, has a lower total amount, the prepayment penalty must be added here and compared with the actual loan.

4. The conclusion: the final amount should make the decision


In addition to rational decision-making, subjective decisions play a crucial role. This does not just mean gut feeling and sympathy towards banks or bank advisors. Much greater influence has the personal well-being. Because there are different types of debtors. Some want to get out of the loan agreements as quickly as possible and prefer short maturities. They feel the idea of ​​their own bank account as unpleasant and want to conquer their mountain of debt as soon as possible.

Others want to consume while debt repayment and therefore prefer the lowest possible rates. Debt is less depressing and they continue to boost the economy thanks to their unchanged consumer behavior. Still others want to pay as little as possible for borrowing money. Their behavior towards money is rational and their only aim is that the return should be as low as possible in the end. They keep a cool head just when price fluctuations and can not be carried away to short-circuit reactions.

If you have developed your own credit model for yourself and, if necessary, in consultation with the partner, the above data can be obtained and compared by all potential lenders.

A table compares the most important criteria

In the end, then the final amount should make the decision. In the case of a bill of exchange, this also includes the prepayment penalty and thus indicates the actual amount to be paid at the end of the repayment term. In this way, even critical borrowers, who sense an impending debt trap behind every offer, can make an objective judgment.

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Payday Loan 9000 Euro: comparison estimates Mon, 25 Feb 2019 06:41:25 +0000



All the information that can be useful if you are looking for a 9000 euro loan can be found on this page. Let’s compare the estimates of the funding offered by Cleopar, Ultranix, Astrofinance and Postal service Italy, which is the best of these?

Payday Loan 9000 euros: comparison of estimates of the best offers

If you are looking for a personal loan of 9000 euros, the best thing to do before proceeding with the request is to compare the conditions of funding offered by the main companies. To do this, the banks and financial companies offer their customers the opportunity to request a free quote online. In this way it is possible to know immediately the expected monthly repayment rate and the applied interest rates. In the next paragraphs we will see the characteristics of the loan estimates of 9000 euros, in order to make an immediate comparison between the best offers currently available.

Cleopar Loan from 9000 euros: how to request a free quote online

One of the best banks in circulation is Cleopar. Thanks to the personal loan offered by this company you can receive a sum of money ranging from 5000 euros to 30000 euros. If you are interested in receiving a € 9000 Cleopar loan, you will find the online simulator on the financial website. To calculate the rate of repayment and interest rates applied will simply specify the desired amount and the rate that you prefer to pay. Obviously our monthly payment must be included in a range that depends on the amount of money we want to request. Once you have specified this information by clicking on ” Calculate ” we will have the desired estimate.

Let’s see some examples of an estimate for a € 9000 Cleopar loan to compare with other banks. We first choose the lowest possible installment, which in this case is equal to 160 euros. The solution proposed is a duration ranging from 69 months to 81 months, with Tan interest rates between 5.90% and 10.90%, and a Taeg between 7.00% and 12.36%. As specified on the same page, the values ​​of the annual rates are expressed in the range since for a more detailed estimate it is necessary to provide further personal information. Let’s see for example what happens to our Cleopar loan of 9000 euros, increasing the monthly payment and setting it at 300 euros. The duration decreases considerably, since it will be 36 months, while the range of interest rates will be Tan 5.90% – 10.90% and Taeg 7.55% – 13.04%. If you want a more detailed estimate we suggest you go directly to one of the Cleopar branches.

Financing 9000 euro Ultranix: repayment installments and interest rates

Another very interesting solution to obtain a 9000 euro loan is that of personal loans offered by Ultranix. Also in this case the amount that can be requested reaches up to 30000 euros, which will be received by the customer within only 48 hours from the acceptance of the request. This is one of the reasons why these loans are always among the most demanded ever. Let’s take a look at the repayment installments and interest rates applied for a € 9,000 loan. To do so we also use the simulator available on the website, which requires us only to enter the desired amount. By clicking on ” Calculate the installment ” we will present all the financing solutions offered by Ultranix.

Another strong point of Ultranix personal loans is the possibility of deferring repayment with a duration of up to 120 months ! This guarantees super light installments, which in the case of a 9000 euro loan will be only € 106.20. The interest rates applied will be Tan 6.92% and Taeg 8.16%. If you prefer to save on interest by setting a lower duration, among the best solutions we recommend a repayment with a term not exceeding 48 months. In this case, in fact, the monthly payment will be rather affordable and equal to 211 euros, while the interest rates will be Tan 4.91% and Taeg 6.72%.

9 million euro Astrofinance Personal Loan: how to apply online

Among the lenders offering personal loans of 9000 euros is Astrofinance. In particular, this financing option provides for an amount that can be raised up to a maximum of 60,000 euros. To request a Astrofinance loan from 9000 euros online, first you need to request a quote. In the simulator we insert the project that we intend to realize (for our example we have chosen the purchase of a used car) and obviously the amount. The duration that we can fix goes from a minimum of 18 months up to a maximum of 96 months.

Just the option with maximum duration is the one that is recommended to us by the Astrofinance simulator. The expected monthly payment will be € 124.80, with interest rates Tan 7.46% and Taeg 7.72%. As always, if you have the possibility, it is preferable to choose a shorter duration, in order to pay an overall lower amount for the interests. For a € 9000 Astrofinance loan for a period of 36 months, for example, repayment installments of € 279.80 are envisaged. As for interest rates, a Tan 7.46% and a 7.77% Taeg are set. By consulting the complete list of available options, you can immediately find the one that’s right for you.

Fostal Bank loan of 9000 euros: the terms of the Postal service Italy loan

Among the companies that offer their customers personal loans of 9,000 euros at excellent conditions are the Italian Post Office. The product in question is called Fostal Bank Loan, and allows you to request a sum of money ranging from 3000 euros to 30000 euros. The duration of the loan can vary from 24 months up to 84 months, so the customer has wide freedom of choice from this point of view. The Fostal Bank 9000 euro loan can also be requested by those who do not have a Fostal Bank current account, given that the payment of the amount can also take place on the current accounts of other companies.

To receive a free quote and make a request for funding, you must go to any post office. The online simulation is reserved for those who are already customers of the Italian Post Office, by accessing their personal area. In any case, through the company’s website, you can consult the complete list of post offices in order to easily identify the one closest to our home. Once the appointment has been fixed, we will have the opportunity to present our requests to an expert in the sector who will be able to present us a quote for the cheapest 9000 euro Postal service Italy loan.



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Loans for housewives and without paychecks: how to apply for and obtain them Tue, 27 Nov 2018 15:47:18 +0000 Soldi

Even those who do not have a permanent position can apply for a loan with a good chance to see it granted: this is the case for example of housewives who have a part-time job or are unemployed but have a guarantor, like a family member. It is possible to request sums of up to around 3,000 euros, and for lower figures an interesting possibility is offered by the so-called revolving cards.

 There are also revolving credit cards Rates. Make your dreams come true Up to € 75,000 Compare Loans

How to get a loan without salary


Getting a loan, you know, is not always easy: even if there are different financial institutions and lenders ready to offer money to those who have guarantees – such as real estate and a fixed salary – large parts of the population are effectively excluded from the possibility of apply for funding to meet a large expense.  

Housewives who, for example, do not have a demonstrable income by not receiving any form of salary, encounter many problems in applying for a loan. However, there are loans designed specifically for housewives even without payroll, which have become particularly popular in recent years, due to the economic crisis and the changed social landscape.
Compare offers for loans

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