Why choose flexible loans?

 

 

Due to the economic crisis and the difficulty in finding stable employment, accessing the credit market has become a problem for most Italians. Official statistics confirm that ” the share of consumers requesting a loan is increasing and, under 40s are among the main instants of funding”. Why choose a flexible loan? We discover in this guide all the advantages deriving from the subscription of the loans offered.

Flexible loan: what are the characteristics of the product?

Flexible loan: what are the characteristics of the product?

One of the credit products most requested by customers is the flexible loan : it is a “dynamic” loan designed to adapt to all consumer needs. This credit product falls into the category of personal loans and the beneficiary can spend the amount obtained without having to submit any proof of expenditure.

How to apply for a flexible loan? The loan application can be submitted online, via the official website of the bank or finance company. The necessary documentation must be attached to allow the consultant to assess the creditworthiness of the applicant. In order to protect the flexible loan, consumers can take out an insurance policy (optional) which has the purpose of protecting the repayment capacity of the debtor.

Flexible Loans: What Are The Benefits?

Flexible Loans: What Are The Benefits?

Thanks to an exclusive agreement signed with Cream Bank , the flexible loans granted allow credit consumers to request all the sums of money necessary to make their purchases and to support small and large expenses. Consultants offer customers a wide commercial offer of flexible loans which allow them to benefit from competitive interest rates.

Subscribers can:

  • return the sum obtained in peace,
  • change the repayment plan according to your needs,
  • manage the monthly installment freely,
  • skip an installment and postpone the repayment.

Contact a Lite Lender and find the best flexible loan dedicated to you.

Loan with online advice: how to apply for 20,000 USD

 

How to apply for a loan with online advice? Do you need to buy a car, to finance an unexpected expense, a trip or your child’s training course? A 20,000 dollar loan could be the winning choice to meet most of your needs. We find out in this guide what are the main features of the loan with online advice.

Loan 20,000 dollars: Duration

Loan 20,000 dollars: Duration

Regardless of your financial needs, the repayment duration of the financial capital can vary between 24 and 120 months.

Returning a loan of this type will allow you to make the monthly installments compatible with your income, without causing any financial imbalance on the family budget.

The greater the time extension of the loan repayment, the lower the installments will be.

Also remember that the longer you pay back the loan, the more interest you will have to pay.

Fixed or variable rate?

Fixed or variable rate?

What type of loan to choose? Fixed or variable rate? Everything also depends on your needs.

If you love security and don’t want to face unexpected events, we advise you to evaluate the fixed rate loan.

Thanks to this type of financing, you will be able to sign an amortization plan consisting of installments of a certain and constant amount until the repayment of the obligation assumed expires, guaranteeing you a better schedule of income and expenses. Basically, if you opt for the fixed rate, you can have constant installments of the same amount.

As regards the variable rate loan , you can take advantage of market fluctuations: this is advisable if you are able to cope with an increase in the installment in the event of a rise in the reference parameter.

Request your advice online!

Request your advice online!

Now that you know what types of loans you can apply for, request an online consultation. Contact a consultant and request a personalized quote.

Discover the wide range of personal and flexible loan offers that can meet your personal needs.

Consultants provide clear guidance for an objective and informed choice, allowing you to identify the best loan to meet any financial need, planning your future commitment in a conscious way.

Early repayment of financing: all information on how to repay a loan in advance

Is it really possible to pay off a loan in advance before it reaches its natural contractual expiration? How does it work? How much does it cost? Let’s find out all the details in this dedicated guide.

 

Personal loan: can it be paid off early?

Personal loan: can it be paid off early?

Once the loan is turned on, it happens that the subscriber wants to proceed with the early repayment of the quantum debeatur . Thanks to this possibility, anyone with an ongoing loan agreement can return the sum due in advance to the funding institution.

Specifically, the debtor must return to the creditor the residual principal and the interest accrued up to that moment.

However, before proceeding with the early termination of the loan agreement, it is good advice to do two accounts in your pocket to understand whether, indeed, it is worthwhile or not. It is necessary to check the statement of the financing situation which is sent to the home of the borrower.

Thanks to this prospectus, updated at the end of each installment, each debtor can have as complete a picture as possible to understand the amount of the residual principal and interest that still have to be paid to the creditor.

 

Early repayment of the loan: when is it convenient?

Early repayment of the loan: when is it convenient?

And then, once you have carefully viewed the updated prospectus relating to the amount of principal and interest that still needs to be paid to the credit institution, when is it really worthwhile to pay off the loan early? Generally speaking, this solution is convenient if you are at the beginning of the loan amortization plan and you still have a lot of interest to pay, otherwise if you are at more than half of the loan repayment plan, it is not convenient at all.

In this second case, it is better to leave alone and continue to repay the loan installments according to the expiry nature of the loan agreement.

 

Early repayment of the loan: how much does it cost?

Early repayment of the loan: how much does it cost?

You have convinced yourself that you want to pay off the loan early, but how much does it cost you? In addition to the residual capital and accrued interest, you could take on the repayment of the interest losses on the installments by applying a late payment for the fact that you pay off the loan in advance.

The compensation corresponds to:

  • 0.5% of the amount repaid in advance if the residual life of the loan is 12 months or less,
  • to 1% of the amount repaid in advance if the residual life of the loan is greater than 12 months.

The Negative Sides of Comparison and Comparators when looking for a Loan

One of the advantages of the historical moment in which we find ourselves is certainly the great ease that we have in finding information. The web is an inexhaustible mine of data, news, opinions and opinions. But are we sure that this applies unconditionally to any type of information? The answer is far too obvious. We at Reliance live daily the difficulty of people in approaching a (apparently) complicated matter such as that of access to credit. It is normal for those who find themselves in need of funding to inquire through search engines. And it is quite probable that among the first pages of the results there is a comparison site of the offers.

Comparison and Comparators: Awareness is the right choice

money loan

The so-called comparators are a very useful tool for those who want to get an idea of ​​which service or good to buy. However, financial products require a fundamental step that no comparator can ever guarantee: consultancy. Although a complete, analytical and simple to use software tool can be created, the comparison of loans cannot go beyond a schematic representation of data relating to the duration of the product, the interest rate, the amount of the monthly installment.

Access to credit is something far more complex.

Access to credit is something far more complex.

Choosing one solution over another involves analyzing the economic situation, assessing the needs and objectives of the person concerned, devising a “tailor-made” credit strategy. And, for us at Reliance, there is a further phase which is the jargon defined phase of the follow-up, that is of the constant monitoring of the progress of the loan. All this constitutes advice.

To win the comparison.

money loan

It will therefore be easy to understand how “dangerous” it can be to rely on merely numerical criteria, the simple lower installment, the guaranteed savings. On the other hand, the operators present in the comparators have one goal:  Instead, that of the user is quite different: the choice of a financial product represents a delicate decision that has a direct impact on the individual and the family. For this reason, comparison should not be the criterion of choice. Counseling must be the prerequisite for any financing, so that the latter is only a means by which the person achieves his life goals and carries out his projects.

In summary with a loan you can make your dreams come true, as long as you choose consciously. By filling out the form, you will be contacted for free by our experts and you will be guided towards the most suitable choice for you.

Choosing Online Loans

The choice of online loans must be made with great care so that the final result that will be obtained will be as pleasant as ever and able to avoid that there may be complications of all kinds.

 

An online loan: how you choose

online loan

Before carrying out any type of hasty operation, which is anything but pleasant to carry out, it will be necessary to evaluate the type of financing you want to obtain by making the most of the loan. For each type of large expenditure there are loans that will be able to meet certain needs, without any complications and situations that could be anything but positive.

It is therefore necessary to always have clear ideas on what you are really looking for.

 

What are online loans

What are online loans

Whether you are applying for an online loan or a traditional loan , it is advisable to know the loans in detail in detail, also to avoid running into unexpected situations or inconveniences. It is necessary to know, therefore, that when we talk about personal loans we refer to particular forms of financing that are disbursed to private individuals: they are not finalized loans, in the sense that they are not tied to or connected to the purchase of a specific service or a specific asset. During the repayment period, the application of the charges that are reported in the Taeg and the interest rates, whose rates can be variable or fixed depending on the case, is always envisaged.

The Taeg is nothing more than the Global Effective Annual Rate: it is, in essence, the cost of the actual loan that must be paid by the person who received the loan. The Taeg is indicated as a percentage and can be considered as a cost indicator within which not only interest but also ancillary charges are included. Compared to Tan, it is a much more complete and useful item for an assessment of the convenience of financing.

If you are willing to apply for one or more loans, the new debts deserve to be evaluated with the utmost attention, especially taking into account your monthly income. This means that it is necessary to take into account not only the cost of the overall loan, but also and above all the monthly installment. Before signing and submitting a loan request, it is always advisable to request and obtain different offers: in this way you can determine which is the most convenient from an economic point of view. Obviously, all lenders are required to make complete information available to ensure that those applying for a loan have the opportunity to make a fully conscious choice.

 

The online loan: details on financing

The online loan: details on financing

Online loans must necessarily be carefully evaluated in order not to fall into unpleasant situations.
It will therefore be possible to obtain a truly unique level of satisfaction when this particular type of financing really manages to meet all the needs of the applicant.

Online loans are a novelty in the financing sector, in fact, there are many people who are afraid of making such delicate requests online, because it is considered “insecure”.

With LoanSecure, the leading platform in the online loan sector, this doubt has no reason to exist, as it deals with every transaction with the maximum safety and reliability of the case.

 

Where to find excellent online loans

Where to find excellent online loans

If you want to make the most of the concept of online loans between individuals, you need to use the LoanSecure portal, which allows you to find many people, financiers, who will be willing to provide a loan without any complications of any kind.
Thanks to this portal it will be possible to reach a level of satisfaction that is truly one of a kind and pleasant as never before, a detail that should not be underestimated for any reason and which makes financing unique.

 

Apply for an online loan

Apply for an online loan

Those who are thinking of asking for a loan to face an unexpected expense could be called to decide whether to opt for online or traditional loans: well, between the two categories to tell the truth there is not a big difference, since that in both cases you can count on very high levels of security. But what are the aspects that must be evaluated for a careful choice? First of all, it is good to check the Tan, which corresponds to the Nominal Annual Rate: it is the interest rate that is used by the credit institutions to establish the amount of the installments that must be paid month after month. As you can easily guess, the lower the Tan, the more convenient the installment is.

What leads to lending for online loans is their flexibility, which also calls into question the speed of the related procedures: since requests can be sent, accepted or rejected directly via the Internet, each step is decidedly fast. This does not mean that we should immediately jump into online financing without considering the other aspects: for example, the costs associated with incidental expenses, which are not reported in the Tan. To know them, it is necessary to refer – instead – to the Taeg.

In principle, for online loans, the accessory costs are lower than in other cases (for example, because there are no costs for sending individual periodic communications in paper format): they include all the costs deriving from the services essential for correct and reliable loan management. Here, then, the preliminary and closing costs of the case, but also the stamp duty on the contract, the collection and management costs of the installment, and so on.

The Credit Strategy Method and Aware Credit

The Reliance Credit Strategy is an individual, rapid and transparent consultancy system that aims to analyze the economic situation of the individual subject through a preventive advice from the Credit Teach.

Having a dedicated consultant, who can help you choose the solution that best suits your needs, is not a secondary aspect to consider when you are considering applying for a loan.

This system has allowed us to create a unique bond of trust with consumers who first get free advice on their economic situation, choose thanks to us knowingly which financing to get for their projects and have legal assistance and credit advice for all the duration of the loan.

In fact, our customers will not only have a simple financing but a real programming and financial assistance that can be divided into these 4 phases:

NEEDS AND OBJECTIVES: You tell us about your projects, your credit Teach will create the best plan to achieve them. The first contact will take place within 24 hours after your request.

ECONOMIC SITUATION CHECK UP: Thanks to individual advice we will carry out an initial check-up of your economic situation, based on this we will be able to give you clear and transparent indications on which is the best financial product for you. Only in this way will we be able to create a personalized and tailored credit plan for you.

FINANCING PLAN: Your personalized plan is now ready to be created. After having the information we will build the most suitable credit strategy by selecting the best products and we will evaluate it together with you.

CONSTANT MONITORING: After signing the loan, our presence at your side will be even stronger. You won’t be alone for a moment. After granting the funding, continuous monitoring and constant presence is essential to become a point of reference and retain our customers.

 

All our customers will have free of charge for the duration of the loan:

credit loan

CONSULTING: A team of credit experts who will support you for any problem.

ASSISTANCE: Legal assistance for the duration of the loan.

LOYALTY AWARDS: Access to a reserved group where you can get discounts, gifts and EXCLUSIVE information on how to save money every day.

 

Realize your projects today. Secure the economic peace of mind of the future.

credit loan

Your insurance is called Credit Strategy and is free for our customers.

Fill out the form to receive free and without obligation the preventive advice of our experts in order to create tailor-made financing for you.

Consumer credit and the means of accessing it

Thanks to the various forms of consumer credit, it is possible to obtain various economic benefits, such as paying for a purchase in installments or with a loan. It is a type of credit that can be granted in the form of deferred payment, financing or other similar financial facilitation. The only requirement to be able to access it is that the applicant is a consumer, that is, a natural person who acts for purposes unrelated to any entrepreneurial, commercial, artisanal or professional activity that may be exercised.

 

Credit Finalized

Credit Finalized

When the request for credit is made by the consumer with the declared purpose of proceeding with the purchase of a specific consumer good or service, we speak of credits or finalized loans. It can be, for example, a car or a holiday. In this case, the amount of the loan is paid by the lender to the seller and can only be used for the specific good or service for which it was granted. The buyer, for its part, is required to return the price of the goods or services to the lender, together with the additional interests and any costs. Therefore, for loans aimed at, on the one hand, the contracted seller offers the consumer installment financing, receiving in exchange from the lender a commission or commission for the customer procurement activity; on the other hand, the consumer, instead of paying the price of the goods or services in a single payment to the seller, finds himself able to repay the lender in installments.

 

Unfinished Credit

Unfinished Credit

Then there are hypotheses of non-finalized credits or loans, which are granted without any restriction of destination with respect to certain goods or services. That is, you are free to dispose of the sum obtained on loan without having to specify the reason. The sum granted, in these cases, is made available to the applicant by check or credit to his / her current account; the same holder can use it freely without having to provide guarantees to protect the loan.

 

The tools to access it

consumer credit

Specifically, revolving credit openings, deferred or installment payments, personal loans, transactions for the sale of one fifth of the salary and debt consolidation constitute financial instruments for accessing consumer credit. These instruments are distinguished from each other because they have different amounts, interest rates and repayment methods. To evaluate together with an expert the possibilities of access to consumer credit and the most suitable financial instruments for your specific needs, you can contact us at Reliance: we will be able to advise you on the best solution to access credit.