Daily Archive: October 25, 2019

Mini-credits for communions

First Communion is a religious ceremony that children expect with as much uncertainty and nervousness as illusion. For them it is a very special day that, in addition, they will only live once in a lifetime and that is why they are looking forward to their arrival. For parents, despite being aware that it is a unique moment for their children, it is a rather noticeable expense, especially since, given the importance it has for children this day, they want to celebrate it big, although sometimes, to to be able to do it, they need mini-credits .

So, for cases like these, mini-credits can be the solution.

If we stop to think about all the aspects that we must take into account to prepare and organize the First Communion, we will see that the disbursement that this entails is, at least, significant. For example, one of the main elements of all Communion is the place where it will be celebrated. And it is one of the main ones because, depending on the site chosen, it may be subject to availability, so we must request it as early as possible.

If that place is a farm, a restaurant or a villa that is dedicated to the organization of events of this type, it may give us the option to include catering services or have a buffet, which can foreseeably reduce costs, by be a kind of package that integrates both.

There are those who request mini-loans only to cover expenses of this type.

There are those who request mini-loans only to cover expenses of this type.

Also invitations and reminders for guests have a cost that families often can not afford, although there are specialized companies that try to find beautiful solutions while economic.

The photo album and the suit are essential for any child who is going to make First Holy Communion and are also two of the factors that most cost, as well as the celebration itself, in which the cake must be included, magicians and clowns, bouncy castles and any other kind of services with which parents want to surprise their little ones.

Although it may seem somewhat simpler than it really is, First Communion is a matter of dispute between parents many times, since there are very large projects but a budget too tight.

Cheap Credit – Real Estate Purchase

Especially in metropolitan areas and large cities, the search for a suitable property is often not the biggest problem. Real estate can be even more expensive in a few years than it is today. Since financing is offered by numerous banks, it is not always easy to find a cheap loan to buy a home. We help you with our real estate loan calculator to quickly find a cheap loan. If this can not be paid completely out of pocket, you can currently get a loan on favorable terms.

For real estate loans the most common question: how much can I even allow myself?

For real estate loans the most common question: how much can I even allow myself?

The search for a suitable property is often not the greatest detail, especially in metropolitan areas and large cities. Real estate loans are sometimes not the optimal answer – especially when it comes to sums in the low six- or five-fold percentage range, because a classic installment loan is sometimes better to procure and better use.

With real estate loans, the question arises: how much can I even allow myself?

With real estate loans, the question arises: how much can I even allow myself?

Even though the amount of the monthly burdens has been determined in detail, it is not clear whether the banks will participate in the refinancing. In the case of a real estate loan, we first weigh the credit risk on the basis of three questions:

To what extent will the capital be contributed?

If the borrower stops serving the loan, the economic loss should be as low as possible. However, because the purchase of a property is associated with one-time expenses such as notary fees and land transfer tax, the house bank does not want to bear the cost risk.

Real Estate Loans = Equity!

Real Estate Loans = Equity!

Anyone who already finds out that the chance of getting a real estate loan is low should consider: is there a favorable installment? The total amount is lower here than for a property-specific loan, but can be taken into account if the financing is provided by several people.

A favorable and long-term installment loan can certainly pay off here. Unlike real estate loans, the house bank does not need capital here! Finally, the house bank wants to know something about a real estate loan: Which property is affected? If the borrower no longer services the loan (ie stops paying installments), the principal bank will endeavor to sell the property with the highest possible return.

However, this is only possible if the property is sufficient for potential customers. For example, a classic loan can certainly pay off for the borrower if the property is unusual or even slightly smaller. Try it for free and call the Credit Calculator!