Apply for a loan? – Lending for responsible and profitable money.

Applying for a loan is child’s play nowadays. You can fill in various application forms online and usually receive a response from the loan provider within half an hour. Borrowing money, or at least applying for a loan, can go very quickly. However, applying for loans haphazardly will not bring you much.

The question is, of course, where you can apply for a loan at an affordable price, where can you get a loan with a low interest rate? And with good conditions? And where do you need to apply for a loan without BKR testing?

Apply for a loan

Apply for a loan

Apply for a loan? Then it is important to make a selection of parties where you want to apply for a loan. If you want to borrow cheaply, you can generally omit the banks such as Litebank, Infrabank and Cream Bank. They charge higher interest rates than the specialized banks and lenders. For example, applying for a loan from Good Lender is much cheaper than applying for a loan from Cream Bank. This difference can amount to 3 to 4% on an annual basis. So first look for specialized lenders. These can be intermediaries or banks with a separate branch for loans.

Is applying for a loan through a credit intermediary more expensive?

This is a misunderstanding that we have seen in recent years. The downfall of large companies such as Across Lender and Spin Lender has of course done no good for this. Times have changed, however. Borrowing cheap money is now more often through an intermediary than with the banks. It is therefore their most important source of income for intermediaries. They benefit from keeping you as a customer for as long as possible, and of course they only do this if they make you the best offer. Otherwise, simply switch to another provider.

Apply for a loan without BKR testing

Applying for a loan without BKR assessment is only possible if you are going to borrow money from friends or take out a loan in the form of a mini loan. A mini loan is a small loan of up to $ 1,500 that you have to repay in full within 62 days. It is a more expensive form of borrowing money because, in addition to interest, closing costs can also be charged. Because of these additional costs, a mini loan can become an expensive loan. The big advantage is of course that it is the only commercial form of borrowing money without BKR testing.

Best checking account for loan: how to save?

How to choose the best checking account? What are the costs that should absolutely be avoided and what are the conditions that must never be renounced? Common questions that arise even when taking out a loan, for example the weight that the monthly reductions can have in the total calculation of expenses. Each of us would like to be able to rely on a single bank, and also have the best current account per loan here.

In this way you would enjoy a significant simplification: a single account with which to balance the accounts, keep the deadlines under control and perhaps be able to save money by moving some sum to a deposit account or savings account. When doing research, the best starting point always moves the right questions, so let’s see what conditions and characteristics are to be evaluated.

1) Is the online or classic account better?

1) Is the online or classic account better?

We are used to the fact that making online purchases of various kinds (from insurance to trading, from designer products to more cheap ones) allows you to almost always get a great deal of savings. So why for an online checking account the situation should be different? In short, it is assumed that the best current account per loan is necessarily online. But it may happen that at the end of the month the accounts of the costs incurred for keeping the account itself do not return. Is this a scam?

No, the wrong product was simply chosen. First of all, the offer of a banking or postal relationship via web, to be managed mainly independently, focuses precisely on the fact that most of the operations will be carried out thanks to the help of the software, without the intervention of the bank operators. So if you turn to staff working in an agency, you have to pay a “price”.

Online current accounts are better than traditional ones, if you decide upstream to make use exclusively via the web, excluding all or part of the more traditional intervention.

A very typical example is found with Orange Current Account : a zero-expense account, which includes wire transfers, loan rids, debit and credit card fees (also Visa Oro), and no management or communication costs if you manage it online. But if you choose paper communications or request transfers with other channels, then you can get to spend up to 5 euros per operation.

2) What costs shouldn’t be on the best current account per loan?

2) What costs shouldn

There are many cost items to consider and sometimes it is difficult to identify them all in an information sheet. To simplify the evaluation phase, particular attention can be paid to some items that should be zero or resettable with some simple choices:

  • communications and bank statements : choosing the digital option should not have any hosts applied;
  • unlimited transactions : if a limited number of transactions is associated with each period (month or quarter), then something less expensive must be sought;
  • taxes, mortgage reductions and loans, taxes and domiciliations : from F24, to the MAV until the domiciliation of the utilities, the service should be offered free of charge;
  • wire transfers : in some cases for the Sepa area they are included in the monthly fee.

If an account has zero expenses then it can provide for a contribution to the operation. Here you must be very careful observing the limit above which an increase in the commission applied is triggered, and the difference in costs depending on the channel used (internet banking, phone banking or physical counter).

Instead, they can be optional: annual ATM fee, annual credit card cost, contribution for renewal or change of pin.

In this regard, one of the best examples is represented by the Cream Bank current account at zero cost both for the fee and for the expenses including: top-ups, domiciliations and wire transfers.

The account offered by the Lite bank online bank also guarantees, thanks to the promotion with Amazon, a voucher of 150 euros (which can be subscribed to by clicking on the following banner).

Conclusions

Conclusions

Once the various offers that do not shine for convenience have been discarded, one must firstly make the very fact that the best current account is not “forever” and is not “absolute”. For the first aspect, you must always be up to date to move according to your convenience by taking advantage of the facilities for moving your account and the various rules on liberalization.

Remember that domiciling a loan on a particular current account does not force us to keep it open until the loan is closed. In fact, it will be possible to close it at any time by personally taking care of the communication of the new iban to the bank (or the financial company) or to rely on the new credit institution thanks to the Move account services (see also Inps pension credit bank change ).