Which bank to apply for a payday loan from?

It is not the ideal situation, but unfortunately, at some points in life, it may be necessary to apply for a payday loan. There are several ways to borrow money, as well as a large offer of banks and financial institutions that can lend money. Despite the apparent ease in obtaining a payday loan, to reduce the risk of winding up in the future, it is important to analyze the options, giving preference to those that charge lower interest, such as the payroll or pledge, as well as see the rate that is charged the bank and/or financial institution. Here are the types of loans you can get and in which banks you can apply for a payday loan:

Main types of payday loan

Payroll loan

Payroll loan

In this modality, the installments of the payday loan are deducted directly from the payroll of the borrower. Among its advantages are the interest rate charged, which is lower when compared to other types of credit. In addition, as the installment is discounted directly from the payroll, there is no risk of forgetting to pay the amount due. However, the personal payroll loan is not available to everyone: you must be a public official, retired, pensioner or work in a company that offers this option to its employees.

Payday loan with pledge

Who needs quick credit or has a dirty name in the square and has a valuable asset, like a jewel, can opt for the pledge. This modality does not require credit analysis or the presence of a guarantor, however, it is important to be aware of the cost of the pledge, which, as in any loan modality, has built-in interest and fees.

Personal overdraft loan

Personal loan with revolving credit card

Borrowing money through an overdraft only has the advantage of ease, since the money is available in the checking account. However, using this method can be a trap: the interest charged is among the highest in the market. In addition, it is common for people to get used to using overdraft money as part of their salary, which, even in the short term, can have catastrophic consequences due to the high fees charged.

Payday loan with revolving credit card

It is also possible to obtain a payday loan by withdrawing by credit card. As with overdraft, the only advantage is ease. The amount can be withdrawn from any ATM. However, the interest rates are very high, which does not mean that using the card rotary is not a good deal.

Payday loan with banks and financial institutions

Personal loan with banks and financial institutions

In addition to the above, it is possible to apply for a payday loan directly with the bank or financial institution. In some cases, however, this modality is restricted to account holders and there is a credit analysis.

How to successfully buy back credit?

Here are the keys to successfully buying back credits, from the choice of organization to the comparison of offers, our experts will advise you. An editorial over at

Successful repurchase of credit: understanding the transaction

Successful repurchase of credit: understanding the transaction

To succeed in your credit consolidation project, you must first understand how it works. It is a banking operation which consists in having its loans repurchased (that is to say that the new lender reimburses the old lenders) by a specialized establishment, which then offers a credit contract with new terms and taking over the are remaining to be reimbursed.

The purpose of the credit repurchase is to reduce the amount of the monthly payments by extending the duration of repayment. Three structures can offer this offer:

  • The bank (personal or concurrent)
  • The broker (or bank intermediary)
  • Specialized credit institutions (often subsidiaries of large banking groups)

Simulate your online financing for free

Simulate your online financing for free

The success of the operation depends above all on filling in the request or simulation form. The closer the data to reality, the more accurate the estimate will be. It is important to inform the organization of its financial situation as a whole, that is to say not to hide credits, to partially fill in the cartoons or not to mention a file at the bank.

As the supporting documents are compulsory for this type of transaction, the financial adviser will discover the missing information and the borrower will have lost time in his efforts. Worse, if the borrower does not provide the allowances received, for example, he may be refused while informing them of his project may become feasible. The degree of feasibility depends above all on the financial information provided.

Know the offer and subscription methods

Know the offer and subscription methods

It is rather recommended to put a bank and a broker in competition, that is to say to fill out a request with each structure and then evaluate the offers. Once the offers are obtained, here are the elements to compare:

  • Amount of the loan
  • term of the loan
  • APR (assesses the cost of credit)
  • TAEA (allows to assess the cost of its insurance)
  • Amount of monthly payment
  • Total cost of credit

Important, group insurance is sometimes very expensive, going through a broker and the principle of delegation of insurance, the borrower can earn up to 50% of the cost. A significant gain on a new reduced monthly payment.


Over Credit Makes It Easy To Have A Dream Car

Having a dream car is satisfactory. If buying a used car feels uncomfortable, buying a car on credit can be an option. Make sure you understand the intricacies of over credit as described above so that you can get the maximum results of over-credit the vehicle. And don’t forget to always pay close attention before making any decisions during the over credit process.

Before taking over a car, there are a number of things that need to be considered in relation to applicable legal provisions. Do not let because of your ignorance to take over credit under the hand or without involving a car leasing company.

What is meant by underhand credit take over?


Underhand credit take over is an activity carried out by the debtor in an effort to transfer his credit payment obligations to another party but without the knowledge or involvement of a leasing company. This is of course categorized as unlawful acts. Because the car used is a guarantee of debtor debt on leasing.

If problems arise later due to underhand credit take over, the leasing company can sue the first buyer recorded in the lease as a debtor to provide compensation. Therefore, do take over credit safely and in accordance with applicable procedures.

Car Purchases Over Credit

Buying a car on credit does provide convenience. However, if you are not careful in managing your finances, you may fail to pay installments until the credit period ends. Therefore, consider carefully before taking the car on credit.
One type of car loan that you need to know is ballon payment.

This system requires consumers or debtors to pay a car DP of at least 30% of the price of the car. Then in the first year, consumers repay by 20% of the price of the car. In the fourth to fifth years, consumers pay the remaining installments by 50%.
This is one reason why many people ultimately decide to sell a car before the credit period ends or over credit. They make credit transfers to others because they gradually have difficulty continuing to pay car loans.

Profit and Loss Buying Cars Over Credit

What if someone offers their car over credit to you? What should be known? Any advantages and disadvantages if you decide to take a car that has not yet finished its credit. Below, the advantages and disadvantages of owning a car are over credit.

Advantages of Buying a Car on Over Credit

Advantages of Buying a Car on Over Credit

In general, buying a car over credit gives some advantages that are not in the purchase of a car in cash. It’s just that it requires precision and accuracy before making a choice.

The first advantage that can be obtained from buying a car over credit is that the car obtained is still relatively new. The age of the car over credit is still in the process of payment on credit so that the condition is still new. For that, you don’t need to worry about the condition of a car engine which is guaranteed to be relatively new.

In addition, the following benefits can be obtained when buying a car on credit:

Prices are cheaper than prices on the market

You can get prices that are relatively cheaper than prices on the market by negotiating with the seller to determine a suitable price. Even so, you will usually still get a cheaper price than buying a new car on credit. Because in general, the average reason a seller decides to take off his car is because of his difficult financial condition.

A car warranty is still valid

A car warranty is still valid

If you buy a car on credit, one of the benefits that you can get is the validity of the warranty on the car. Because cars sold over credit are young. An automatic car warranty is also still valid so you do not need to worry if one day the car is damaged.

Take advantage of low-cost insurance premiums

You certainly know if the premium for new car insurance with used cars is definitely different. Car insurance premiums with a vehicle age of more than 5 years are usually more expensive. While cars sold over credit because of their new age, the value of insurance premiums imposed will be lower.

Shorter installment/tenure period

For example, the seller takes car loans for 60 months and has paid installments for 24 months, you only need to continue the remaining credit time, which is for 36 months.

Buying a new car on credit might not be easy for some people. Because credit providers will conduct a survey to find out whether those who apply for credit are eligible for credit or not. However, that may not apply if you buy a car on credit. You don’t need to go through a series of surveys like new car buyers to get a car.

Don’t forget to pay your car loan on time, so that your credit score and digital transaction trail are in a good score so that your credit score is also good because this will all affect your digital credibility. Paying car loans is even easier with the Giant application that will help you see your credit score and credit score will go to the track and you will also get a giant score too.

Redemption of credits for job seekers.

Being unemployed temporarily or more permanently can worsen your financial situation, and lead to a decline in your debt capacity. With a reduced income (unemployment benefit and no longer income from a CDD / CDI job), your finances can be unbalanced, and your difficulties can multiply.

If this is the case, do not allow the situation to drift into over-indebtedness or even a bank card (with the Demo lender bank). Intervene, especially if you can with the repurchase of credits.

Being unemployed is not incompatible with buying back credits

Being unemployed is not incompatible with buying back credits

If you are in prolonged unemployment, or your salaried activity has just stopped, you can claim the repurchase of credits for unemployed. Indeed, not having a professional activity can sometimes lead to the subscription of consumer loans or revolving credits in order to honor debts.

Multiplying credit lines and going into debt sometimes leads to too much debt. Consolidating loans will help you reduce the weight of your monthly payments and reduce the amount you pay back each month. All your credits combined into one will have a lower monthly payment than all the monthly payments currently accumulated. In exchange, the repayment period will be extended.

The advantage is that with an unemployment benefit logically lower than your previous income, you will now have enough money to pay off your debts and continue living. Being unemployed is not incompatible with debt restructuring!

On the contrary, grouping loans is a technique that can help you and targets in particular people without activity. Do not neglect this path which, in addition to an active job search, can help you get out of it.

Request a loan buyout while unemployed

Request a loan buyout while unemployed

The system allows the repayment of debts to be spread over a new period, but assumes that the banking organization has a certain number of guarantees. The banks want to ensure that the client has real professional stability and good creditworthiness. Without these conditions, the operation is doomed to failure. How to present these guarantees while being unemployed?

  • Present the state of your finances and show that you have no payment incidents on your bank account. You have to prove your desire to find a way out of this tense financial situation;
  • Explain why you are currently unemployed, and in particular explain your previous professional situation. Your contact will be sensitive, for example, to the fact that you are unemployed following the financial difficulties of your previous business, but that you already have opportunities to find a job. Show that you have a proactive vision and that you want to return to the world of employment. If you have a promise to hire, now is the time to present it;
  • Take into account your unemployment benefits and allowances. Thus, compensation paid by ASSEDIC (Association for employment in industry and commerce) can be seen as regular income, if your rights run for several months, while waiting to find a job. Ditto for pensions (divorce) or any other income that has a recurring nature (rent received, annuity);
  • If you own your property, it can serve as a personal guarantee, and constitutes a strong guarantee for banks;
  • Finally, present a co-borrower with a stable professional situation. You can request a couple restructuring, even with debts taken out in the past on a personal basis. If your co-borrower is employed on a permanent contract, he will bring real solidity to your file.

Being unemployed is not a barrier to requesting support! Beyond income from work, all sources of income but also your personal situation are evaluated criteria. Remember to provide guarantees to enhance your file, thanks to your spouse for example.

Contact the Good lender advisers to find an answer and find out if the project is suitable for your profile! An advisor will take care of your request and will be your single point of contact. It will give you an answer in principle in just 24 hours.

Consumer credit: what budget for your winter sports vacation?

Winter has come to an end and you have only one desire: to hit the slopes of good powder with family or friends. However, only 8% of French households go skiing at least every other year .

The reason is purely economic: winter sports holidays represent a certain budget , especially when you have several children.

We will explain how to budget your next trip to the mountains.

Evaluate the price of accommodation and packages

Evaluate the price of accommodation and packages

If you are lucky enough to be accommodated for free in a resort, your budget will be relatively saved. Housing comes in top of spending during a week in the mountains : it amounts to several hundred USD. And during school holidays, prices soar!

The second main expense is packages. Again, the price can range from 100 to over 200 USD for an adult for 6 days . Also, it may be useful to examine the different formulas. In some stations, it is possible to take cards where you pay for the lift. If you are not fond of skiing and you plan to go to the slopes only two or three times a week, this can be interesting.

It is also possible, via your region or your works councils, to obtain a reduction for the purchase of your packages.

Travel credit for your winter holidays:
To finance your little family’s vacation without breaking the bank, you can take out a travel credit. Travel credit is a form of consumer credit. It can take the form of a personal loan or restricted credit.

Limit equipment expenses

Limit equipment expenses

If you already have a suit, shoes and skis, you will save a lot of money. People who go skiing once, or even several times a year, have an interest in investing in this equipment .

For others, you have to look at the different prices offered in the many rental shops . Sometimes it’s cheaper to rent skis in your hometown and transport them to the mountains. Certain individuals thus rent their equipment.

In the Alps, ski rental is generally more expensive than elsewhere, as is accommodation or ski passes. Thus, it takes around one thousand USD per person for a week on the Alpine slopes.

Consider going out of season

Consider going out of season

If you do not have children or they are very young, you can opt for a week of winter sports outside of school holidays: prices sometimes fall by half . This phenomenon is particularly visible in the aftermath of the Christmas holidays, when the new year has started.

In addition, if the distance is not too long, you can opt for a holiday in the Pyrenees, the Vosges or the Jura. If the altitude is lower than in the Alps, prices are also lower. A week in the Vosges would cost around 500 USD, half of what we spend in the Alps.

Subrogate First Home Loan Mortgage Fixed Rate: the Best Offers

Subrogate first home loan: why choose it

Subrogate first home loan: why choose it

When the installment of your mortgage is too expensive or simply not convenient compared to the market trend, you can resort to the subrogation of the mortgage. What is it about? The transfer, at no cost, of your mortgage to a new bank, which has more convenient conditions. For these we have chosen to review the best proposals in the area of ​​the first fixed rate home loan subrogation.

What is the mortgage subrogation

What is the mortgage subrogation

Before going into the merits of the offers, it is necessary to clarify what the subrogation is, what it offers and what limits it has. The subrogation is an intervention that allows, at no cost to the customer, to transfer the residual debt of their mortgage to a new bank.

The transfer does not provide for the cancellation of the mortgage, while the amount cannot exceed the residual debt threshold. With the subrogation, on the other hand, the rate (including the spread applied by the bank) and the duration of the repayment can be changed.

In practical terms, the subrogation allows the customer to enjoy a smaller installment. All to the advantage of the debtor, who can thus take advantage of the competitiveness of the market to save money.

Subrogate fixed rate home loan: the proposals

Subrogate fixed rate home loan: the proposals

To evaluate the effective convenience of the mortgage subrogation, we decided to evaluate which are the best loans in the segment of the first home fixed rate mortgage substitute.

The profile of the imagined applicant envisages a 100,000 dollar mortgage substitute to be repaid in 20 years. At the moment the most interesting proposals on the market are:

  • Best Bank mortgage: a monthly payment of 496.47 USD is applied. The rate corresponds to 1.80%, while the Taeg reaches 1.94%.
  • Cream Bank – Large simple home loan : in this case the installment is 501.16 USD, the result of a rate equal to 1.90% (Taeg 1.95%).
  • Infra Bank- Trasformamutuobnl : a monthly installment of 503.52 USD is applied. The interest rate corresponds to 1.95% (Taeg 2.01%).
  • Lender Bank – Fixed rate mortgage : the installment corresponds to 499.28 USD. It is the expression of a rate equal to 1.86% (Taeg 2.01%).

Home loan as an instant loan – a good choice?

Loan amount interest redemption special repayment to calculate secure server connection.

In principle, one thing must be anticipated in connection with the real estate loan : The classic instant loan actually belongs to the area of ​​consumer finance.

Even the framework conditions for the instant loan and the construction loan differ considerably.

Framework conditions for instant credit

Framework conditions for instant credit

The general conditions for an instant loan differ significantly from those of a classic construction loan:

  • Real estate loans are often issued from 50,000 USD upwards. The instant loan already reaches its maximum possible limit here.
  • Instant loans are rarely extended over 84 months.

Building finance in the six-figure range cannot be reconciled with the typical framework conditions of an instant loan.

Why banks do not issue an instant loan for mortgage lending

Why banks do not issue an instant loan for mortgage lending

Especially when it comes to construction money, credit institutions like to put the brakes on for their own security. Only when all documents are complete and as a lender you get a picture of:

  • own resources
  • the market value
  • the economic situation
  • the credit history

a decision can be expected. And before building owners hold the money completely in their hands, patience is the order of the day. If it is a new building, the mortgage lender generally only pays the loan once construction has been completed.

Why builders should register for the instant loan

Why builders should register for the instant loan

At the same time, the borrower has to keep an eye on one or the other point when choosing a suitable construction finance. Rigid repayment terms are anything but optimal. On the contrary: the aspiring homeowner should be concerned with holding a flexible financing element in their hands.

The instant loan is usually not the right instrument here. Classic home loans with:

  • Special repayment or
  • Repayment rate adjustment

offer significantly more scope here. Aspects that should always be kept in mind in combination with the land charge and the additional financing costs.

Non-bank installment loans becoming cheaper

An online installment loan is an increasingly popular form of borrowing money. This type of financial product is most often taken online and in a traditional way, ie at the lender’s outlet. Currently, there are several dozen companies in the country offering installment loans. An installment loan is a convenient financial solution that allows a maximum repayment period of up to 4 years, depending on the loan amount. Most of these products are available entirely online without leaving your home.

Installment loans are one of the most popular financial solutions that allow you to get money for any purpose. This type of solution is recommended for people who need money to repair or replace broken equipment or really a car.

In the country there are many non-bank companies offering installment loans with lower costs than in banks. Everyone who wants to get a loan in installments should pay special attention to the basic costs. Such as: loan interest rate, commission or other costs. Cheap installment loans offered by non-bank institutions are a much cheaper financial solution than standard banking products.

Why are non-bank installment loans cheaper?

Why are non-bank installment loans cheaper?

On the non-bank market you can find both cheap and expensive installment loans. Similarly with bank loans – not all are cheap. Increasing competition among loan companies, however, means that installment loans are becoming an increasingly attractive alternative to payday loans and bank loans. An additional advantage of installment loans is the option of borrowing money online and simplified procedures.

More and more installment loan offers can compete with a bank loan. In addition, in a non-bank company you will receive money faster and without unnecessary formalities. Online loans are a great solution for people who want to borrow a larger amount and give it away for a long time. Non-bank installment loans are characterized by higher payments than payday loans and give the possibility of obtaining a higher amount of up to PLN 25,000, and have a long repayment period of up to 48 months. You pay this type of commitment in low monthly installments.

Installment loans competitive for banks

Installment loans competitive for banks

More and more people use the services of loan companies. Installment loans are especially popular. Non-bank loans are increasingly competing with traditional loans. This applies especially to installment loans. Installment loans allow you to borrow a large sum and avoid complicated formalities.

Installment loans over the internet are characterized by:

  • Possibility of spreading the debt repayment into convenient installments;
  • Low interest rate;
  • Simplified procedure;
  • Minimal amount of formalities – usually an ID card, account number and telephone number are enough;
  • A loan for any purpose;
  • The offer is available online, so you can take out a loan at almost any time, regardless of where the customer is;
  • Loan granted even on the basis of a contract for specific work, pensions, pensions or benefits;
  • Offers available on the internet – you can take out an online loan without leaving your home;
  • Money on the account the same day;
  • The loan is available from 18 years of age.