Getting free money is possible – Read here how and where.

We all want to get free money, get free money. That sounds like a utopia and it is. Logical as all of us  just being able to get free money, then money also loses its value as a means of exchange and trading.

How do you get free money?

How do you get free money?

Of course it is always possible to get free money, but those options are limited. For example, you can get free money by getting a legacy or gift in your lap. After deducting the tax, the rest of the money is yours without you having to do anything for it.

Another possibility is to win a lottery. In some cases you still owe probability money tax on the amount won and in other cases the probability money tax has already been deducted and the amount won is entirely yours (minus the wealth tax of course).

The twitter hype FreeCash. Here anonymous benefactors give tips with which people can find money hidden by the informants somewhere in the Netherlands. It is intended that the finders post a selfie of themselves on Twitter with the found money.
Distributions are seen by some as free money. You receive a basic amount of income and in principle you don’t have to do anything for it.

Get a basic income and free money

Get a basic income and free money

There are different voices to give every citizen a basic income and thus eliminate the inequality within society. Switzerland in particular is far advanced with these thoughts. They consider giving every Swiss adult citizen an income of approximately € 2,000 per month. When everyone has a guaranteed income, the stress to perform falls away, people have more freedom of choice and more material certainty. According to a Canadian study that took place in the Canadian province of Manitoba for four years, people continue to work in addition to this basic income, albeit sometimes fewer days a week. With work you can earn extra money on top of the basic income, but the earnings are lower. In the Netherlands too, there are regular votes for a basic income. Because everyone receives this amount, wages in hospitals, education, police and other branches of the civil service are significantly reduced and the entire current benefit system disappears, this plan could, according to the proponents, be paid for.

Do you know how to identify which bank should apply for a housing loan?

Although the interest rate may seem the most important when looking for a mortgage loan, it really isn’t.

There are some extra points that you should consider and that could guide your choice the other way

There are some extra points that you should consider and that could guide your choice the other way

If it is a question of choosing a financial institution that gives you a mortgage loan with good conditions, consider these four aspects:

1. Offer your payment facilities

credit loan

For example, to give you the possibility of making prepayments without commissions and without restrictions. This will help you get out of debt faster in case you have some extra money.

2. Give the information clearly and easily

credit loan

That there are no detours at the time of showing you the total amount you will pay for the credit; In the same way, to indicate clearly what charges are included in the monthly fee.

3. Do not charge commissions for everything

There are entities that charge for pre-credit assessments and procedures, while others have more accessible amounts or do not charge fees for disbursements and registrations. Take those elements into account before choosing.

4. Accessible rates

credit loan

Of course, a low rate that allows you to pay a fee that goes with your budget. If the chosen financial institution has all the above characteristics and offers an average rate, it could even be a better option compared to another that offers a lower rate but none of the above points.

Remember that you can obtain the information of each entity and simulate your housing credit by accessing different web comparators, including Rostov family.

The search for a home can be a difficult process if you do not have the correct information, but if you take into account the points given, you will find a credit that fits your profile and that suits you 100%.

Credit for soldiers

In a loan for soldiers, the conditions differ between conscripts, time guards and professional soldiers. What they all have in common is that the bank, as an employer, awards an employer loan exclusively for the purpose of starting a family. Service law does not preclude borrowing by a soldier. Since almost all soldiers are secrets, the employer demands that they live in decent financial circumstances. A credit to serve is not contrary to this obligation. However, the installments payable must be in reasonable proportion to the salary of the soldier.

This requirement basically applies to every borrower. A violation, however, can lead to serious professional consequences for members of the another special feature when granting loans to a soldier is that many financial institutions mandate the conclusion of a rate protection insurance.

This is understandable in view of the high risk, particularly in foreign missions, even if the pays high compensation for wounds or death on duty.

Loans for time and professional soldiers

Loans for time and professional soldiers

Time guards and professional soldiers are in many ways equal to civil servants. This also applies to the lending, so that they can basically obtain a civil service loan. However, with regard to time depositors, it should be noted that most financial institutions will only disburse loans if their term does not exceed the current commitment period.

This is understandable, after all, the income of the soldier is only secured until the end of his service. However, he also receives redundancy allowance as well as vocational assistance, so that individual banks can also hand out time credits to creditors with a term beyond the active service period. Professional soldiers, on the other hand, are welcome customers in almost all banks, especially since they are entitled to an attractive pension after the end of the service.

Last but not least, the advantages of sold-to-consumer loans over traditional consumer loans are that they can be extended over a period of seven to ten years and, consequently, higher amounts.

Even a soft credit bureau negative feature does not exclude lending to professional soldiers because of their secure job at many banks. In addition, the loan interest payable on civil servants’ loans for temporary and professional soldiers is extremely low thanks to the high level of collateral provided by the secure employment relationship.

Loans for conscripts

Loans for conscripts

For conscripts, borrowing is much more difficult than for time and professional soldiers. While they receive reliable during their service, their pay and then another payment from the bank. However, their commitment usually ends before the end of the desired repayment term so that they do not have a secured income until full repayment of the loan.

Conscripts increase their credit chances with a bank, if they win a parent as a co-borrower. Easier than a installment loan, they receive a discretionary loan, since for this regular non-cash cash receipts on the current account are required and the pays the defense money by bank transfer.

A concern with the regular use of the disposition credit by a military soldier, however, is the high borrowing rate, which he has to pay for this. For purchases, conscripts can easily apply for a partial payment in the business, especially since many traders waive the demand for the employer and the presentation of a proof of income except for high purchase amounts.

Another option for taking out a loan as a military service provider is to provide money transfer platforms between individuals. The evaluation of the activity as a soldier falls on these as unevenly as in the entire society.

Some of the members registered as lenders generally reject requests from personnel, while others consciously support soldiers for social reasons. Usually, conscripts find a private lender when they carefully describe the intended use of the loan requested and fully explain their financial position.

5 Tips on Credit for Soldiers

5 Tips on Credit for Soldiers

1. Service time note

For the award of a soldier’s credit, the service is the deciding factor. Who provides only his basic military service of 6 months, will receive from the banks usually no credit, because here is the risk too big that after the military service, the income fails. This also applies to soldiers who are about to terminate their employment relationship, whereby here usually a subsequent employer must be proven.

Who is active as a time or professional soldier, will usually come to enjoy a civil service loan. However, it should be clarified whether as a time soldier a life insurance policy over the entire term is sufficient to provide even after leaving the service sufficient collateral.

2. Notify places of use

Many banks see the greatest danger to a soldier being that he is killed in the exercise of his service. To this end, the interested party should provide an overview of his future places of work – if known and approved for publication – to the lender. If in the long run only the internal service is desired, this measure can also be omitted.

In case of increased risk, a prospective buyer should in any case take out insurance or already have one. In some cases it may be worthwhile discussing the borrowing with the employer. If the requested sum can be justified here, the assumption of the debt can also be made by the state should a death occur.

3. Agree exactly on the repayment terms

There are several options for repaying a soldier’s loan. For a lower salary grade, it is best to use the usual installment. This keeps the financial burden low. At higher salaries, for example as an officer, the loan can also be made final. It should definitely be talked about the possibility of a pure civil service loan, because this allows to carry out the repayment in full on a closed life insurance.

At the end of the term it will be paid to the bank and liquidated. This method can also be combined with installment payments, which can be particularly low rates.

4. The documents must be available

In any case, the service certificate of the must be present, which confirms that the person is in the soldier relationship. It also indicates whether it is a time soldier or a professional soldier. In addition, the medical certificate must be submitted to the, which certifies the suitability for service, so that premature termination of the military career is not in the room.

Evidence of the grade should also be attached in copy when the credit is requested for soldiers. Ultimately, the obligatory documents such as identity card or passport still have to be submitted. In many cases, the ID card is sufficient to confirm the identity.

5th tip to credit bureau

Unlike private individuals, the credit bureau information plays only a minor role in a professional or temporary soldier. If there are entries from the time before the soldier’s life, the banks usually turn a blind eye. However, it has to be proven here that employment with the german forces is indefinite or extends over such a long period of time – this is important for time soldiers – that the loan repayment is not jeopardized.

In addition, a request should be made to the credit bureau for the loan for soldiers, if any already settled claims can be deleted prematurely. However, this is usually only possible with the consent of the former creditor, so that should be turned to this.

Individual Loans in Ávila – Fast Credits in Ávila.

Thus, and without further delay, the time has come to analyze the reasons why access to secure financing, fast money and urgent liquidity provided by personal loans of Exact credit is much better than other alternatives.

Private loans in Ávila

Private loans in Ávila

Of course, the first thing to say is that talking about the benefits of private loans in Ávila of Exact credit does not mean detracting from other interesting private credit options in Ávila that may exist, as there will obviously be options that can also be good and viable for the interests of the client, but what it is about in this case is not so much to talk about the reputation of some or other teachings, but to show how private loans in Ávila are the best option at a technical level compared to others Financial instruments that may exist to obtain fast money urgently.

A financial product is nothing more or nothing less than an instrument, than an instrumental element to achieve an objective, in this case the objective of having urgent liquidity, the objective of obtaining fast money.

Get liquidity

In the first place, when the need arises to obtain liquidity for some concrete need, when the need arises to obtain urgent money the first thing that is looked at are the own resources that are available. In other words, it may not make sense to finance, for example, through private loans in Ávila if it turns out that there are sufficient funds to cover the cost of that need that was intended to be covered with the financing obtained.

However, even in this case there is a very important exception, because even if you can have enough of your own funds to cover the item in question, it may not be convenient to run out of all those funds, it is more convenient to continue owning and Simply pay the fees arising from the financing of the item in question.

In the case of lacking own funds, the second point where they begin to look at the options of financing through personal loans, through private loans in Ávila is the closest environment. Normally, it is customary to go to family and friends in search of financing. Again, this option is not always possible, because in some cases a person’s personal environment may not have or does not want to lend the money, it may also be that one does not like asking for such favors directly or may simply not the environment of family and friends is available that allows this option to be eligible.

Get money fast

When these first two options cannot solve the financing needs then they begin to analyze the possibilities offered by private loans in Ávila, but commonly the average citizen does it without a preconceived idea, he does so without thinking about which one can be the best product of financing, but the only thing you are looking for is to get the quick money you need, period. This as legitimate, understandable and logical as it can be also poses a significant risk.

Given this search, different options will be opened, the fastest and most obvious are the options provided by the credit cards or the options that can be obtained through the commitment or sale of goods that are owned. Both options may not be the best, in the case of credit cards, their granting is not easy, but even if their limits can be achieved they are usually low and their interests are very high, they are ideal for very specific and specific situations but how a Effective solution is certainly not.

Pawn or sale of goods

And in the case of the commitment or sale of goods, to say that they may be valid options but that entail important limitations or inconveniences: first, in the case of the commitment normally the value obtained is very low and the risk of loss of the good is high, and in the second case in the sale of the good something similar happens, usually low valuations are obtained, one is left (in this case safe) without the good, and also according to which goods are not easy to sell and that provide fast money, the urgent liquidity required.

Once these doors have been discarded, bank financing through personal consumer loans or others like that are other options that are presented, in this case we are talking about options that can be interesting from their roots, but in these cases it is much more convenient to go to expert professionals such as the specialists of Exact credit so that they are the financial broker that carries the operation because it opens up an important range of options and does not limit itself to a single option as if it is attended individually.

Financing through private capital

Financing through private capital

Another very interesting and similar option that can be the same and in many cases more appropriate and interesting than bank financing is private capital financing, in these cases Exact credit is also the key element that will give a good response to financing needs that they can have, through their private loans in Ávila with private capital. And, best of all, the most interesting of all, is that whatever the reason you want to go to the financing of Exact credit, whatever the reason that leads to request the private loans in Badajoz of the company, the answer is always agile, comfortable and uncomplicated. It does not matter if it is a particular need or a need for a small business, the treatment is always at the highest level and the study of the operations completely customized and adapted to each client.

Whoever you are and need the money for what you need, in Exact credit you will find the answer to your needs.

Anyone who does not pay the loan taken may face a severe penalty!

Retail loan portfolio reached HUF 130 billion in 2018!

Banks are increasingly impatient with debtors.

Well-paying debtors strive to repay the debt as soon as possible.

  • In 2018, domestic credit institutions sold 129 billion worth of overdue retail loans for a total of HUF 52 billion.
  • In 2017, banks sold less than HUF 205.2 billion of non-performing loans.
  • The peak year was 2016, when credit institutions were freed of HUF 425.7 billion. Then the MNB allowed the banks to give them another chance to repay the loan, if not, they could terminate the contracts.

In 2018, most of the loans from home and freelance mortgages went to debt managers. Debt collectors went for $ 35 billion in home loans and $ 58 billion in freelance mortgages.

Act quickly against non-paying freelance and auto-authentic customers


Strict recovery!

Large-scale reviews over the years have also resulted in a fall in the rate of household loans over 90 days to 4.5%. This value dropped from 19% to the current percentage. Even those who pay off with relief are paying more and more discipline!

In 2014, half of the loans fell, while last year only a quarter of the renegotiated loans became overdue for 90 days.

Households’ loan sales to debt managers (HUF billion)

The improvement in housing loans is particularly significant.

The proportion of market loans overdue for more than 90 days

  • In 2015, before the big “portfolio cleanup”, it was 15%
  • currently 2.4%.
  • In the case of overdraft mortgages, the same ratio dropped from 32% to 11.37%.

More and more people are counting on good debtors, and the amount of prepayments and early repayments is increasing, reaching HUF 400 billion last year.

Prepayments can be used for home savings funds or other savings

Prepayments can be used for home savings funds or other savings


Free Mortgage Loans Are Repaid At The Fastest Rate! More than one third of capital repayments were prepayments.

Early repayments and early repayments may continue to increase this year as former foreign currency lenders can begin to redeem their forint-denominated loans four years ago in a jointly agreed program between the MNB and the Hungarian Banking Association. They have an interest period of 3 months, according to the MNB, and if they were swapped for a more fixed rate, more predictable arrangement, the loan would become more secure.

Lending is very strong and new loans are always considered to be performing. Of the new disbursements, 882 billion were mortgages for residential or non-residential use, of which subsidized ones accounted for 64 billion.

State-subsidized housing loans are currently being used for new housing besides the Family Home Creation Benefit (CSOK), and the interest rates on subsidized loans for second-hand housing are at market rates.

The number of loans taken out with subsidies will increase!

2019 will be the year of subsidized loans!

2019 will be the year of subsidized loans!

Because families will also be able to take advantage of subsidized loans to buy used homes, which they cannot compete with in the market!

  • two children up to 10 million,
  • a loan of up to $ 15 million in state subsidized interest for three or more children.

The interest on these loans will remain at 3% until the end of the maximum term of 25 years.

Personal loans are also on the rise, with new disbursements amounting to HUF 435 billion in 2018, with credit institutions putting out nearly 70% of the credit outstanding on the market last year.

Car loan portfolios are also relatively new, amounting to HUF 85 billion last year, which is half of the total loan portfolio.

There are still many who are defaulting on old car loans, and over 90 days car loans are still over 17%.

If you have a housing goal, would like to take out a home loan, are interested in your options, or may have been interested in the new CSOK changes, are interested in the future details of your new family action plan, call our credit brokerage experts

Bank loan when payout.

Although the HEW Bank has not existed as an independent bank for more than fifteen years, some of HEW Bank’s popular offerings are still available. The HEW Bank focuses on real estate financing and mortgage lending, but HEW Bank Personalkredit is also particularly interesting due to its long-term nature.

The following basic requirements must be observed when applying for a HEW bank personal loan: The target groups are all not independent, ie the loan can be used by all employees and employees. Credit exposure is usually requested immediately, but no later than 48 hours after application, at a time between 2 and 90 days in time.

Depending on the creditworthiness of the debtor,

Depending on the creditworthiness of the debtor,

The annual burden is between 3.85 percent and at most 10.33 percent. The effective interest rate also depends on whether the loan volume is on the order of at least EUR 5000 or at most EUR 50,000. The most striking feature of this loan is its long maturity from 48 to 120 months, which are offered by no other provider with a few exceptions.

However, due to the duration of 96 to 120 months, which can not be realized by any other provider, the personal credit of the HEW bank can be particularly attractive despite the maximum interest rate to be paid at this time. A special repayment is usually possible at any time, once per due date up to an amount of 50% of the outstanding loan amount also free of charge.

The personal loan can be used to replace existing loans. On the other hand, the borrower can easily repay the personal loan of the HEW bank by early repayment of the entire loan amount. As an example, we use the annual percentage of 5.45% and the loan amount of five and compare this percentage with the monthly interest rates and the total costs for the 60, 96 and 120 months.

Due to the commercial rounding off of the pension,

Due to the commercial rounding off of the pension,

The monthly installment and total costs as well as the interest rate-dependent interest at HEW Bank Personal credit, a deviation from the calculation of the provider can occur. The private loan application of HEW Bank can be entered via the Internet in the personal loan calculator. The loan documents will be sent to you after completion of the application and can be sent to the HEW bank.

After approval of the loan, the loan amount is transferred to the borrower account within a few days.  For example, the HEW Bank was recently awarded the HmN Award 2017 as “Best Mortgage Broker” (category – effective interest rate set at 15 years) in a test procedure conducted by HmN Finance bPrime tv

Although the interest rates in our credit comparison are below the two-thirds of some providers of credit-based products, they are way above the current interest rates of our best suppliers. Through your evaluation, you help us deliver high-quality content to all users in the future.

How to reach the end of the month without resorting to request a mini-loan ?: Tips to save when making the purchase

How mini-credits can be an intelligent way to overcome these difficult days

How mini-credits can be an intelligent way to overcome these difficult days

Unfortunately, more than one of us have been unpleasantly surprised to realize that the money does not arrive to make ends meet. In this article we already told you how mini-credits can be an intelligent way to overcome these difficult days. Even so, as it is evident, all money that we borrow we have to return it, and if possible as quickly as possible. Then we propose another thing, try to save from the beginning of the month a few euros to try to get more baggy to that end of the month that is so scary.

You can take a look at this article so much, to save on your electricity bill; In this post we will summarize some techniques to save when making the purchase.

More famous brands but cheaper

More famous brands but cheaper

It is essential that you go as calm as possible, without hurry and with a clear head; Going alone (without for example your children) is the best option. Children are easily impressionable and follow their impulses a lot, this must be avoided. Going after eating, without hunger, is another way to prevent yourself from falling into these impulses. Stick to your shopping list, and even if it seems contradictory, ignore the offers you are sure to see during your stay at the supermarket; in later entries we will tell you what tricks these surfaces use to try to buy more than you need.

Always try to buy generic brands, most supermarket chains have their own products (or loyal brands) that are the same as other more famous brands but cheaper. This price reduction does not have to mean a reduction in quality. Even so, if it is a food, look at its labels, and compare the nutritional information to find differences.

Following this line, nothing is easier to compare different products than to look at the price per unit (or price per liter or kilo) of your products. It is the best way to find out which product is the most economical; I remember that you are not interested in the brand of the product, or the shape or size of its packaging. It’s simple, just try to buy the item that offers you the most for the least possible cost.

One type of “offers” that you can use are those of the discount coupons that many areas of this type offer. Either with points card, coupons offered in newspapers or propaganda received at home. But follow the advice above. Only use them on the products that were on your list initially! Organize these coupons in your purse or wallet and always leave them in your shopping cart or car with which you usually make the purchase.

Follow these instructions and you will see how you will start spending less on your day to day when making the purchase.

Advantages of fast online credits over traditional

Surely you will have heard about online credits. It is a type of loans adapted to the needs of today. Loans that are granted quickly, without questions and easily granted. It is money for everyone, when we need it.

After the economic crisis, the banks hardened their conditions to grant loans, not to mention all the necessary paperwork that had to be collected. Payroll, endorsements, statements… Asking for a loan was a real odyssey, but they gave it to you, almost a miracle.

And as if that were not enough, each time our economy was falling apart. Entire families waited at the poverty line while getting a job was a complicated task. People with studies were leaving Spain and economic needs were rising.

Today, we can say that we have recovered something from all that downturn. We started to poke our heads after all that downpour.

And to help us, new business models have been born adapted to the new needs. One of these models comes from the hand of new technologies and is about fast mini-credits.

These are some loans that you can get easily and quickly. They have numerous advantages and represent a relief for many situations in which we have no choice but to get a cash amount quickly.

The success of these entities is due to their advantages. If you are interested in applying for a loan and do not know much about this new way of getting what you need, knowing its advantages can help you make a decision.

The speed, the money you need now

The speed, the money you need now

In life, unforeseen events arise that we are not prepared to face. When contingencies come in the form of money, or rather, from the lack of euros, it can cause us great concern. And, yes, it is true that, money is not important until you are missing.

In traditional banking you had to wait several months for a loan to be approved or not, but there are situations that require an immediate solution, and with instant online mini-credits, you can find your answer on the same day since you make the request. In fact, many times only a few minutes pass.

They are solutions adapted to the needs of today. A benefit of the new technologies that allow this procedure to be carried out as quickly as possible, so that sleeping at night is no longer a problem.

No requirements, no paperwork

No requirements, no paperwork

It is well known that when you are going to ask for a loan you need a payroll. And if you don’t have a job, which is usually an extra reason to need cash, you will have to have an endorsement, or carry the income statement, or you can forget that they will lend you money.

With online credits all these requirements disappear. It is not necessary to give explanations about what you will do with the money you are requesting, nor will you need any proof. It is a way to streamline the process, in addition to giving more people the opportunity, to get money borrowed.

Loans for all

Loans for all

Another advantage is that anyone can access these loans. Age does not matter, since by not needing payroll, a young person who is studying and does not have a job can access them. In the same way, the sector of retirees, to whom the credits in the bank are denied, can get the cash they need through these portals.

Even people who appear on lists of defaulters such as asnef, will have no problem getting their money thanks to these mini-credits. Because being on a list of delinquents does not mean that you cannot return the money they leave you, in fact, there are many reasons to appear on those lists, and not all of them are justified.

The comfort of the request

The comfort of the request

Another of the great benefits comes from the hand of the Internet, and the convenience of being able to process anything you want from the sofa in your home. To request a loan with these characteristics, you do not have to move, be on a schedule or make long lines. All you need is a device with an Internet connection and you can ask for the money you need.

You can do it at any time of the day or night, and to fill in the questionnaire, you don’t have to explore much. This is a list of simple questions that are filled in just a few minutes.

The online credits are an ideal solution for those unforeseen, whims or needs for which you do not have money at this time but you will have later.

Borrow with low interest rates.

This bank was established in 1857 in Spain. This bank has been based in Utrecht since 2009 and is called Bankate Consumer Finance in the Netherlands. The bank focuses primarily on consumer loans.

What loans does this bank offer?

What loans does this bank offer?

You can request a personal loan from this bank as well as a revolving credit. With the personal loan you receive the requested amount on your account for a fixed term and with a fixed interest rate. The age category on which this loan can be applied for is between 18 and 65 years. A test is done at the BKR in Tiel. A penalty will be charged for early repayment. The money is deposited into your own account. With a revolving credit you can withdraw (extra) money in times when it suits you. The interest rate as well as the term are variable with this type of loan. The age at which you can apply for a loan form with credit is between 18 and 73 years. As with the personal loan form, this loan with credit also has a review with the BKR. With this form of borrowing you can repay early without penalty. The payment card that is linked to this loan can be used worldwide. Do you want to use a loan from this bank to renovate your home? Then the interest on that loan is tax deductible.

Why can you borrow cheaper at this bank?

Why can you borrow cheaper at this bank?

You generally borrow more cheaply at Bankate bank (due to low interest rates) than at other (large) banks. This is because it is a reputable bank, with an experience with which it has proven (from 1992) to be a reliable credit partner. Request a quote from different banks and compare it with a quote from Bankate. In this way you can check yourself whether it is indeed cheaper for you to apply for a loan from this bank. In addition to saving on loans, there are several other ways to save money. Do you want to know in which ways you can save even more money? Then take a look at geldmax on this link.

Risks of borrowing money?

Risks of borrowing money?

Bankate loan, is a reliable way of borrowing. At Banco Bankate you can borrow money online. You easily create an account so that you can log in. That way you get a personal bank statement. Borrowing money puts you at risk. What are the risks? The biggest risk you run is to build up debt. You may first have difficulty with the repayment, usually because you have borrowed too large an amount. Therefore, make sure that you apply for a loan within the repayment options. Do not engage in fraudulent lenders. Compare offers from different donors in advance with each other. Did you end up in debt due to a high repayment? Read here what you can do yourself. It is important that you get a good picture of your finances.

Borrow money?

Everyone knows situations in which you have to borrow money. For example for a new car, a renovation, relocation or other circumstances. The best thing is to make your financial picture clear in advance. Be aware of the risks you take when borrowing money. Be well informed in advance. If necessary, hire a financial adviser. He or she should tell you in advance what that advice will cost you. You can borrow money wisely by avoiding major risks. Saving is of course better than borrowing. Unfortunately, there are enough situations that prevent you from saving. When applying for the loan, note the current interest rate. This depends on your loan amount, loan form and bank. To apply for a loan you must of course have an income. You must be able to prove that you are capable of paying off the loan. In addition, it is checked whether you are not registered as a defaulter at the BKR in Tiel. Be wise and always check in advance if you can pay the monthly repayment costs. View as many banks as possible online and compare them with each other in terms of conditions and interest rates.

Why choose Bankate sofa?

Why choose Bankate sofa?

First, you choose this bank for its reliability. In addition, it employs skilled advisers and employees. You can easily take out a loan online. This bank offers you a clear overview of your financial situation and gives you a clear picture of the options. You can borrow responsibly and cheaply at this bank. Whether you are traveling around the world or are expanding your family, this bank offers you options. It is one of the largest bank in the Eurozone. Be informed in advance about possibilities and any risks that you run when applying for a loan. View the website of this bank yourself or make a personal appointment. Feel the atmosphere of this bank and then determine whether you want to request a loan from this bank. Ultimately, you are the boss and the main responsible for your financial situation. Make a conscious choice!

International active bank.

International active bank.

Banco Bankate, is an international active bank. This bank is part of the IBEX-35 stock index. In recent years, this group has expanded considerably through a number of acquisitions, with branches in Europe, Asia, Latin America and North America, among others. This bank’s head office is located in Spain. Afterwards, this bank has taken over several banks in other countries. The experience that this bank has with its worldwide reputation makes it the largest bank in Europe (in terms of market value). It offers financial services (especially loans for consumers). It is a multinational commercial bank and has many subsidiary companies such as Yebu National, which has been renamed under the name of this globally known bank. From 2017, this bank was (except for five) the largest bank in Europe.

Borrow money to buy a holiday home? Which can!

Last April it was announced that it is not the British, the Russians or the French who buy the most houses in Spain. This year it was the Belgians who bought the most (holiday) homes here. For many Belgians, the second home is used as a holiday home, but it often also serves as an investment property. On this page we will look in more detail at the options for buying a holiday home and we will discuss the options for taking out a loan for the holiday home.

Financing a holiday home

Financing a holiday home

Financing a second (holiday) home is different from financing a first home. With a first home you often have to deal with a mortgage interest deduction. This is something you will not benefit from when buying a second home. In addition, it is also more difficult to finance a holiday home because banks take a better look at your financial situation when taking out a second mortgage. When purchasing a second home, banks often expect you to pay a large part of the financial picture yourself. This is the reason that buying a holiday home is not for everyone. We are happy to help you find the most suitable loan.

How can you pay for a holiday home?

How can you pay for a holiday home?

There are different ways in which you can pay for a holiday home. For example, you can choose to increase the mortgage on your first home or you can take out a new mortgage with your holiday home as collateral. It is also possible to take out a personal loan. All these forms will be further explained here.

When people want to buy a holiday home, it is often possible to increase the existing mortgage (which they have on their first home). The interest rates of the first mortgage are often much lower than the interest rates on the new mortgages. In many cases it is possible to increase the existing mortgage, so that the holiday home can be financed with this mortgage. In some cases, the holiday home will also serve as collateral.

In some cases it is possible to take out a new mortgage for your holiday home. However, it is riskier for banks to provide a second mortgage. That is why customers are expected to pay a large part of the purchase amount themselves. If you want to purchase a holiday home abroad, you are expected to invest an even larger part of the financing yourself. The foreign mortgages are therefore no longer always provided.

It is also often possible to take out a personal loan with a bank or other lender. A personal loan is a repayable credit that allows you to borrow a certain amount without having to justify it. The monthly costs of a personal loan are often high because the term is short. A personal loan is not the most ideal loan when purchasing a holiday home because the costs are high and the loan must be paid off in a short time.