The loan brokerage will probably develop – Payday Loan

In recent years, a number of loan intermediaries have started to appear on the market. When we started this site in 2009, it was really only Kertes and Henry Personal Loan that were on the market.

I have expressed several times that I am satisfied with this development as I basically believe that many borrowers save money when they turn to these loan intermediaries.

What I wonder is how their products will change in the coming years

Because as it is now, they convey the most. Freedom Finance also has mortgages in its assortment, but there it feels like they only have contact with any special lender as their interest rates are clearly higher than it is with the big banks.

Mortgages are clearly something that they can clearly develop, I think when it feels like loans that would be good for mediation. There are also no loan brokers working with micro loans and you can wonder if there will be any investment in it.

There are quite a few sites such as this one that compare lenders

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Within this industry, but there are small players behind these sites. Then it is not certain that the slightly larger companies want to start working with this type of loan since they do not immediately have a good reputation. However, many customers are likely to be interested in this.

A small problem that many do not know about with the mortgage brokers is that they are not connected to all the lenders available. The big banks are not at all represented by the intermediaries, but this is something I definitely think will change in the coming years. The banks will probably lose too much money from not joining as more and more people will use loan intermediaries.

All in all, I believe that some will happen in this industry over the next few years. Then it will probably not be exactly as I think since it never really gets that way.

 

3 ways to keep healthy finances this Christmas

It is known that the Christmas season and the end of the year are loaded with expenses, that is why making purchases intelligently is essential to avoid damaging your budget. And it is not nice that January arrives and the accounts begin to arrive in red, showing the lack of control of the victim during Christmas.

Ideally, enjoy Christmas and start a quiet 2019, and to achieve this, these are three ways in which you can maintain healthy finances.

 

Be willing to say ‘no’

Be willing to say

This advice can apply for everything; For example, your children may ask you for something that costs more than you can afford and although you want to see them happy, it is necessary to say no. It is also valid for invitations and exchanges. Suppose you are already participating in several gift exchanges, but another group invites you to do one more; In this case, it is necessary to be aware of your budget and keep in mind that you cannot participate in everything.

It is necessary to prioritize expenses to determine how much you can spend and thus stick to the budget and avoid embezzlement.

 

Avoid buying by buying

Avoid buying by buying

Suppose you covered your list of earrings and left over money, in good time! It is time to save and save it, or allocate it to make some outstanding payments. Just because he supposed that he would spend a certain amount, does not mean that he should buy and continue shopping, even if he is done with his Christmas list. If possible, look for savings. Also, remember that no matter how Christmas it is, you are not Santa Claus, so you don’t need to give gifts everywhere to everyone.

 

Distribute your income well

Distribute your income well

Make a list of all the monthly income, including the bonus and other bonuses you may receive. Once you have it ready, make another list with the pending expenses and your Christmas budget, so you will have the clear numbers and you can distribute what you will receive among everything you must pay and buy. This will help you determine what amount will be allocated to gifts, savings, at the end of the year, etc., in order to maintain order and respect your budget.

With these tips, finances will be more than tidy this Christmas. But something you should also pay attention to is the method you will use to finance those purchases. For example, will you have your credit card or request a credit? In any case, the recommendation is always to compare the alternatives to find the option that offers you more, for less.

All about Borrower Insurance – 01 Online Banking

 

The borrower insurance is not obligatory . The bank may, however, require you to take out loan insurance to cover the risks of death , incapacity for work , disability , loss of employment, etc. The borrower is not obliged to choose the insurance offered and may benefit from the agreement AERAS , Insurance and Borrowing with an Enhanced Health Risk . Should I take out a borrower insurance? What does the borrower insurance cover? How to terminate your borrower insurance? Which borrower insurance to choose? How to pass the medical examination insurance borrower? All about borrower insurance.

What does the borrower insurance cover?

 

When you apply for real estate credit to the bank , it must ensure that not only will you have the financial capacity to repay all the monthly payments of the mortgage but also ensure that you can repay them in case of major risks of health or financial with the borrower insurance which guarantees these risks.

In order for the bank to ensure that the mortgage will be repaid , the borrower insurance covers the following risks :

  • Death , up to 65 or 70 years depending on the contract
  • Incapacity for work , partial or total temporary inability to exercise his professional activity
  • Disability , permanent partial or total reduction of his abilities
  • The Total and Irreversible Loss of Autonomy ( PTIA ), the most serious disability
  • The unemployment guarantee or loss of employment guarantee, optional guarantee

The borrower insurance benefits the bank but also your heirs so that they do not have to repay your mortgage in case of serious health or financial problem of the borrower.

What information should the bank provide to the borrower?

 What information should the bank provide to the borrower?

The borrower must be informed by the bank of the cost of insurance , the effective annual rate and the amount of the insurance premium .

The borrower is not obliged to choose the insurance offered by the bank , this is called the insurance delegation . The bank must inform you of this right and join you , during the credit simulation, a standardized information sheet which consists of a notice listing the risks guaranteed as well as the conditions for bringing the insurance into play . Once the clauses of the contract of the information notice have been accepted by the borrower , no modifications of the insurer can intervene and oppose the insured .

How to terminate your borrower insurance?

How to terminate your borrower insurance?

You find your insurance borrower too expensive and you want to choose a better insurance borrower ? This is possible with the agreement of the lending bank . So how to terminate your insurance borrower? You must enter into a new borrower insurance policy to terminate the old borrower insurance . The bank may indeed require mortgage insurance . To know how to cancel your borrower insurance after agreement of your bank and to take out a better insurance borrower , it suffices to send a registered mail with acknowledgment of receipt of cancellation :

  • 15 days before the end of the first 12 months of the signing of the contract
  • 2 months before the anniversary date of subscription after the 1st year

Which borrower insurance to choose?

 Which borrower insurance to choose?

A borrower can choose the best borrower insurance in full freedom provided that the insurance contract meets the same level of collateral as that offered by the bank . For this, the bank gives you:

  • A list of the documents needed to examine the file
  • The standardized information sheet to compare borrower insurance offers
  • A personalized form with the list of criteria used to approve the borrower insurance guarantee equivalence (11 maximum criteria for death risks, PTIA, disability and / or disability and 4 criteria for loss of employment)

To choose the best insurance borrower , it is better to choose a insurance borrower of group said collective contract . These contracts do not take into account the age of the borrower, an important criterion in the evaluation of the borrower insurance rate .

You can also take out a dedicated borrower insurance policy . More flexible on the criteria , the dedicated borrower insurance is an ideal senior contract with a death guarantee up to 90 years and much less prohibitive than the collective borrower insurance of the bank . The easiest way to have the best insurance borrower remains to go through an insurance broker after choosing his credit on the comparative mortgage credit . To benefit from the best monthly contribution and thus obtain the cheapest loan insurance , you will have to display the best possible health status during the borrower insurance medical examination .

Tips for Passing the Borrower Insurance Medical Exam

 

The medical insurance borrower takes place in two stages : the medical questionnaire and the complementary medical examination . The borrower insurance medical examination includes a blood and urine test and an electrocardiogram . The results of the borrower insurance medical examination are valid for 6 months . The medical insurance borrower insurance allows the bank to send you a borrower insurance proposal for your mortgage including:

  • Covered guarantees
  • The conditions to be fulfilled to trigger the guarantees
  • Warranty exclusions
  • The amount of the monthly subscription and the duration of the loan
  • The cost of the borrower insurance with a possible premium according to the state of health of the borrower
  • The waiting period, the period between the opening of a right and the payment of the corresponding benefits

The Borrower Insurance Medical Questionnaire must be completed in good faith . Any misrepresentation by the insured or a deliberately hidden state of health will result in the cancellation of the borrower insurance contract . The borrower insurance will be deprived of its guarantees and it will therefore be impossible to play the insurance in case of death of the insured .

To pass the medical examination of borrower insurance and thus pay less insurance borrower , you must display the best possible state of health by following these tips:

  • Do not eat sweet, fatty and salty foods
  • Drink only water ! No alcohol, soda and fruit juice
  • Avoid smoky atmosphere for 2 days if you stated that you are a non-smoker
  • Wait one to two weeks before taking the exam in case of benign viral pathology (angina, cold, …)
  • Do not do intense physical activity within 3 days before the medical examination

To have a good state of health, it is well eaten . Beware of processed foods without nutritional quality and often very high in added sugar . A good eating habit is zero tolerance on added sugar . Prefer to cook yourself , we are never better served than by ourselves! You will be at least sure of the nutritional composition of your meals and your blood and urine test will have normal levels of blood glucose , cholesterol and triglycerides . Remember that overweight or underweight is enough to cause a premium insurance borrower … It is therefore important to get back in shape before passing the medical insurance borrower .

What to do in case of refusal of application insurance borrower?

A borrower can receive a refusal of his application for credit insurance . The insurance considers that the borrower represents an aggravated risk . In case of refusal of application insurance borrower , you can benefit from the agreement AERAS , Insure and Borrow with a Health Risk Enhanced . To benefit from the AERAS convention , you must:

  • Be in the black
  • To be less than 70 years old at the end of the mortgage repayment
  • Borrow at most 320,000 €

Finally, the AERAS convention stipulates that you have a right to be forgotten and do not have to report cancer if you have been cured at least 10 years ago , 5 years for a cancer diagnosed before the age of 18 years old . The insurer can not apply a surcharge or exclusion of guarantee for this disease.

 

 

What is the International Monetary Fund? – Payday Loans

The International Monetary Fund, Eng. The International Monetary Fund (IMF), a special organization under the United Nations, was established in 1945. The statutes are based on the agreement concluded in July 1944 in Bretton Woods, USA, between 44 Allied countries at the initiative of the United States and the United Kingdom. The purpose of the Fund is to promote economic growth based on international trade and orderly exchange rates.
Organization

The IMF has (2008) 185 member countries.

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The Fund is chaired by a Board of Governors in which all countries are represented, but the Board’s authority is to a large extent delegated to a Executive Board of 24 members. Each of the members here represents either a country or a group of countries; eg. the Nordic and Baltic countries are represented by one director. Headquartered in Washington DC The Director General of the IMF since 2007 is former French Finance Minister Manny Palstein.

Each country has a quota in the currency fund that is determined by the size of the country, the importance of foreign trade, etc. The quota constitutes the individual country’s contribution to the fund. It determines the number of votes the country has, a scheme that causes the United States, the United Kingdom and other industrialized countries to hold a dominant position. The ratio is also decisive for the credit that each member country can obtain in times of payment deficit.
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The Statute of the Monetary Fund entails obligations and rights for the individual country.

The Statute of the Monetary Fund entails obligations and rights for the individual country.

The most important is the obligation to maintain convertibility for current transactions, ie to enable companies and individuals to freely acquire the currency they need to import goods and services. However, the currency for capital investments (bank deposits, receivables, real estate, real estate etc.) can be regulated. Under the original agreement, the countries also undertook to maintain fixed exchange rates, ie the exchange rate in their own currency should only be able to fluctuate one percent on each side of the par exchange rate. Changing the par rate required approval of the foreign exchange fund, and this should only be given when there was a “fundamental imbalance” in the country’s foreign accounts.

Credits that countries can draw on without making a payment in advance.

Credits that countries can draw on without making a payment in advance.

From the beginning of the 1970s, more and more countries suspended the fixed exchange rate arrangements, and the fund agreement was reviewed. The revised fund agreement, which entered into force on April 1, 1978, allowed countries to choose between fixed and floating exchange rates, but the original purpose of the currency fund was not changed. Following the 1973/74 oil crisis, the Fund introduced several new credit schemes, of which the oil facility was the most important. This was replaced by an expanded fund facility that gave countries with structurally related problems in their foreign economy access to credits with a longer maturity than ordinary drawing rights.

On January 1, 1970, the Fund introduced Special Drawing Rights (SDRs), special drawing rights.

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Prepare 2015 tax return now and save an average

If you want to secure this warm rain, you should now prepare your tax return for 2015 as soon as possible. According to the Good Finance Office, the average reimbursement received by employees after filing the tax return is € 873. Reason enough to file a tax return – even if you are not obliged to do so.

For example, for whom is the duty to file a tax return?

  • The self-employed must in principle submit the annual tax return.
  • Employees with additional income exceeding € 410.

Why you should start now

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In the first weeks of the year, the last certificates and supporting documents will arrive. If you already compile all the documents, you are among the first to file your tax return. In any case, even if you are obliged to pay, you have until 31.5.2016 to file the tax return for 2015. But on this date, the pressure and the burden on the tax offices are particularly large, so that the processing may take even longer. Anyone who submits his tax return in good time to the tax office can generally count on a faster tax refund.

Where employees often get the most

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As an employee, you will automatically be deducted a service fee of € 1,000. That means: From your gross wage, which you tax, without further proof 1.000 € are not taken into account with the tax, in order to settle work-related expenditures. As soon as you want to spend more than 1.000 €, you have to prove all expenses.

This is of course a bit annoying and requires a little discipline. Many employees do not do the work because of the lump sum, to collect the evidence about professional expenses. Often, however, a pretty tax savings is lost. This alone shows this fact:

Travel costs

Travel costs

The professional expenses also include the daily commute to work. Anyone who drives 15 kilometers of distance to work every day will be able to pay 1,000 €. Travel costs are calculated using the distance flat rate of € 0.30 per kilometer of the one-way trip. If, for example, you drive 15 km to work on 228 days per year, that alone amounts to € 1,026 – and the lump sum has already been exceeded.

With each additional voucher proving professional expenses, you will save taxes.

Consumers’ credit for people in employment

Whether you are on a permanent or permanent contract, you can take out a consumer credit. However criteria remain to respect to get his conso loan.

 

Make a credit when you are on a permanent contract

Make a credit when you are on a permanent contract

Consumer credit is a loan granted to individuals for all types of non-real estate purchases. It is granted to households under income conditions. Being a holder of an indefinite contract has a significant advantage in obtaining the loan. Indeed, having a permanent contract or being a holder allows the lending institution to have a long-term vision on the future borrower’s income and to ensure income stability for the correct repayment of the monthly payments. However, having a CDI is certainly a good point to get your credit, but other points need to be studied. It is indeed important that the sum of all the monthly payments of credits does not exceed 33% of the income of the borrower, in order to assure him a sufficient rest to live. It is also important not to be listed in the Rims Bank’s default files, which are systematically consulted before issuing a loan agreement.

 

Consumer credit on fixed-term contracts or when one is not tenured

Consumer credit on fixed-term contracts or when one is not tenured

People on fixed-term contracts may have access to consumer credit. Nevertheless, it is important to put forward a certain amount of information to reassure the lending institutions. Indeed, being on a fixed-term contract is a very common situation in France. Whether this is a desired situation or not, arguments can be put forward. As young graduates, it is sometimes interesting to change companies regularly during the first years of experience in order to evolve quickly. The CDD is here an ideal situation. In addition, the fixed-term contract can go up to 3 consecutive years, it is a stable and fixed situation during this period. If the consumer credit does not exceed this period, the lending institutions should not have any difficulty in lending. In any case, it will be necessary to have a well-managed financial situation, preferably with a sum already saved showing the borrower’s ability to manage his budget.

 

Make a consumer loan when you are a public servant or holder

Make a consumer loan when you are a public servant or holder

Being a civil servant presents an ideal and lasting professional situation for the banks. Indeed, with the stability of their jobs, civil servants can claim more advantageous and less restrictive loan conditions. The official credit works in the same way as other consumer credits and can take its various forms (affected, unaffected). However, you must be the holder of a contract with a mutual employee.

4 part-time businesses that will help you save

When it comes to saving, you should not only think about changing your customs, but also looking for new sources of income. Different businesses appear every day for which it is not necessary to leave your job, and one of them could be the key for you to save the amount you want and achieve the objective that has been proposed.

Some ideas that could help you:

Some ideas that could help you:

1. Prepare lunches for the office: 

1. Prepare lunches for the office: 

If you have good seasoning, you can offer to prepare lunches for people at work. It is not necessary to take care of your entire apartment, but if you start with three or four people, you will see that cooking for more does not generate a great expense but it does allow you to obtain good profits.

2. Pick up your co-workers:

2. Pick up your co-workers:

If you have a car and your office partners do not live far from you, you can offer to take them to their homes and charge them less than what a taxi would charge; In this way, you will spend a little more of the fuel you invest daily but you will get some money in return. You must take distances into account to know if this works.

3. Give language classes and / or some discipline:

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If you are good at English, French or some other language, and like to teach, let your co-workers, friends and family know that you have started teaching. Copper per hour and you will see that teaching a few times a week, the fruits begin to emerge.

4. Development of Facebook pages, designs, etc .: 

If communications and social media are your strength, offer your services to small businesses that are emerging. Start with friends and / or family, create logos and other graphic materials as well as Facebook business pages. Do not forget to coordinate very well the time you will devote to this, since it is not the same to deliver products that take care of the administration.

If you have a savings goal, as soon as you start generating profits, open a savings account that allows you to see how much this specific business is generating. Of course, choose one that pays you good interest and does not charge maintenance, so the money continues to grow. For that, compare your options before choosing and so there will be no regrets.