Monthly Archives: February 2020


Housing loans are a big burden or a great opportunity

Disputes over whether to borrow from the bank to buy a house or apartment have been going on for a long time and are unlikely to end.

Opponents of the mortgage claim this type. Loans in Russia are essentially slavery that borrowers fall into. This is due to the excessively high interest rates and thus the amount of the monthly payment, which leads to the total income of the entire family of the payer. In Europe and the United States, they are many times lower.


Home loan

Home loans

Well, those who want to take out a home loan are aware of all the risks and difficulties they will face, but consider them the only way to solve the housing problem. In fact, only a few individuals can afford to buy real estate from their own resources, the question for the rest of the population is different: they have to make a living or pay an “uncle” for rented apartments, in the hope that they will Situation somehow solves or lends bank and live in your house. When we look at the situation from this point of view, the thought of getting a home loan doesn’t look that terrible anymore. Strange but true: everything is relative.

One of the first to start practicing loans was a Agree bank. Construction finance can be offered there at very good conditions. In addition to standard programs, there are, for example, special refinancing arrangements for loans previously taken out. The latter is in demand among those who received a mortgage loan of over 20% a year a few years ago. These numbers seem incredible today, but under the conditions at the time, no other options were offered.


What are the requirements for a home loan?

home loan?

Agree bank, like other financial institutions, lends money as secured by existing real estate and what is acquired. It can also be assumed in the form of collateral that the borrower is other assets.

Minimum interest rates traditionally work in a foreign currency. Rubles are the most attractive conditions for young families who are planning a home loan. So in rubles you have to pay 10% per year, and the maximum term for which you can borrow money is 30 years. This offer is valid for families in which at least one of the spouses is not older than 35 years. The minimum size for the down payment is only 10% of the value of the property purchased.

When we talk about borrowers whose age has passed for thirty-five years, the interest rate in rubles starts from a mark of 12%, depending on the type of loan, ie, according to which property it is issued. The first rate is 10 to 15%. At the same time, it is usually smaller for apartments and more for private houses under construction.


Traditional loans for construction projects

Traditional loans for construction projects

Real estate borrowers cost more than finished apartments. At the moment, however, there are special conditions in Agree bank, according to which it is possible to obtain a loan for the purchase of a property that has not yet been handed over on approximately the same terms as for a property accepted by a state commission.

In order to get or not get a loan, the case is certainly individual. Due to the constant growth of property prices, you can save your whole life to buy a house or apartment and never reach your goal.


Can you go over your credit limit?

If your credit card comes with a credit limit, the maximum amount that you are “allowed” to top up on your credit card, you have probably asked if it is possible to go beyond your credit limit. You may like to provide a purchase larger than your credit. You may be wondering exactly what happens when you swipe your credit card for a purchase larger than your credit limit. No matter whether you go over your credit limit is actually up to you.


You can opt out of over limit fees

credit limit fees

Credit card companies are required to give you the opportunity to see transactions that you would have set back across the border. You can decide or decide on the limit transactions at any time.

You can decide in up to the limit fees to avoid the embarrassment that your credit card declined or simply for the convenience of being able to go beyond your credit limit. If you have activated, it means you have chosen to be able to go beyond your credit limit. Purchases that exceed available credit are usually made, but usually only a certain amount is specified by your credit card company.

Opting out, on the other hand, would cause any transaction that would exceed your credit limit to be rejected. This can save you costs from any credit limit fees charged by your credit card issuer. It also keeps you going over your limit and creating more debt than you can afford to repay.

Once your credit is already over your credit limit, additional transactions can be declined because you don’t have any additional credit available. This can happen even if you have opt-in.


No More Over Limit Fees?

The ability to view and correct your credit report

Many credit cards have eliminated credit limit fees that would be charged if you go beyond your credit limit. Credit card company that has fee-related fees has to follow certain rules.

If your card issuer charges a fee, the fee cannot exceed the amount that you have exceeded your limit. For example, if your credit limit of $ 15 goes beyond the maximum fee you can be charged $ 15. Check your credit card terms or call the card’s customer service to find out if you will be charged a fee beyond the limit for walking and the amount of fee you will be charged.

Even if your credit card issuer doesn’t charge a fee, there may be other penalties for exceeding your credit limit. Going over your credit limit can trigger the penalty rate, the highest interest rate charged on your credit card. The credit card issuer can increase your minimum payment to compensate for the amount that you have exceeded your credit limit.

Going over your credit limit is a sign that you are unable to manage your loans. Even though they allow you to exceed your limit, credit card companies can unfavorably display it. Some credit card issuers can even lower your credit limit or close your credit card account.


Impact of going over your credit limit

Impact of going over your credit limit

Your credit score could be compromised if your credit card balance is over the limit if the creditor reports your account to the credit bureau, which is usually on your bank statement. An over-the-limit credit card balance increases your credit usage and could lower your credit score.

If you need to make a purchase that would exceed the available credit, first ask your credit card issuer for a credit limit increase. You can also try splitting the transaction on your credit card for part and paying the rest in cash.


Vacation Loan – Credit Check

For many Germans, vacation is one of the absolute highlights of the year. We look forward to it all year round and many have planned their vacation well in advance. Good and thoughtful planning can make a big difference and you can often save a lot of money by booking hotels and plane tickets in advance.

However, not all of us have planned our vacation long in advance. There can be many different reasons why you have not yet booked your vacation. Someone only knows at short notice when they are on vacation and others bet that the German summer will be at its best. There are countless other reasons why you have no fixed vacation plans yet.

Many Germans report that they find it difficult to afford the whole thing and that they often lack the money to go on vacation in a beautiful place. It is very common for you to lack money for the holidays, even if you receive your payday for the holidays. Our vacation allowance is often earmarked for other expenses.


Can I find a loan that is paid out during the holidays?

travel loan

One of the solutions to the low tide in your bank account could be to find one of the cheap vacation loans on the internet that you can use to finance your dream vacation in just a few clicks. It’s cheaper and faster this year than in the past, and there are many ways to borrow money online. Several new holiday loan providers have come on the market, which is pushing down the prices of holiday loans while improving conditions for you as a customer.

Fortunately, if you are one of the many people who need money quickly to go on vacation, there is help online. You can find one of the new vacation loans where the money is paid out during the vacation. In many places, they are even paid the same day, which is a good thing if you take care of the upcoming trip and need the money right away.

A last minute trip is a great way to spend a great vacation at a very affordable price. However, you need to be quick and able to respond immediately, as last minute vacation travel deals are only available for a short time. It requires that you have the money ready for the holiday or that you can pay it out quickly, even on public holidays and during the holidays.

It is therefore important that you control your finances when booking your trip. No matter whether you book a package holiday or want to go on holiday yourself by car.


Get the money before you book your trip

Before you sit down and look at a last-minute trip or other short-term vacation, it’s a good idea to manage your finances in advance. There are several ways to prepare for your holiday financially and you can choose the solution that suits you best and is the easiest for you.

For example, you can start with:

  1. Make a budget for what your vacation could cost this year
  2. Compare the credit options
  3. Apply immediately and get the money paid out so you can book the vacation.
  4. Think about where you want to go and what kind of vacation you want to spend, sun and beach vacation or maybe a city break?
  5. Compare the offers. Last minute or package tour? Or just a plane ticket? Be ready when the best price is available.
  6. Enjoy a great vacation with lots of money in your pocket and without worries.

This is one of many ways you can afford to spend a great vacation and recharge your batteries before the vacation is over and your everyday life begins again.


Holidays are important for a good life, your relaxation and to recharge your batteries

Holidays are important for a good life, your relaxation and to recharge your batteries

There is no doubt that a good vacation is nice. But not many may realize how important it really is to your body and mind. However, it is a very important part of a healthy and balanced life. There is little that you need to consider so that you can afford your dream vacation this year. Short-term loans on the Internet can be applied for without a lot of paperwork and in many cases are paid out immediately. Your application will be processed digitally and you will be informed immediately whether you will receive the loan of your choice. Afterwards, many providers pay out their money for the holiday within 24 hours.

This also works if you are already on vacation and need more money to cover all expenses for trips, food and souvenirs.

Vacation is important because it is one of the few times when you really get rid of your work and the stress of everyday life. You rest your body and head and recharge your batteries for the body. Charge the vitamin store with a lot of vitamin D from the sun’s rays and let a sea breeze blow around your nose.

If you have a girlfriend, spouse, and maybe children, vacation is often the only time we really have a good time together and enjoy each other’s company. It is an important part of a well-functioning relationship and family life with shared experiences and a focus on each other and not on all the other everyday things we are so concerned with.


An investment in a great vacation

An investment in a great vacation

The many great hours together are invaluable and one of the most important things you can spend money on is your family and then your health.

Have a great vacation and return with new energy and good mood. The whole point is vacation. You can afford a cheap holiday loan at any time and repay it relaxed throughout the year.