Borrow at Low Rate – Compete for $ 100 – $ 60,000 and Get the Lowest Rate!

Applying for a loan today is no longer complicated or time consuming. In the online era, almost all services are available online. Digitalisation has also significantly changed the way we operate in the banking and financial sectors.

No longer do you have to queue at a branch or ATM, all banking services are available through online banking. In this article, we’ll show you how to find a low-interest loan online.

You can get a loan at a low interest rate if your income situation is good

You can get a loan at a low interest rate if your income situation is good

Banks and financial institutions finance their credit operations primarily through interest on loans. It is clear that no bank can operate unless it requests interest on the money it borrowed. However, this does not mean that the customer has to borrow at an unreasonably high interest rate. Interest rates on loans range from a few percent to tens of percent, and everyone understands that such large differences in monetary terms are significant. It is therefore worth the time and effort to find a low-interest loan.

The interest rate varies not only depending on the lender but also the amount of the loan. Generally, the interest rate for large loans is lower than for small loans. In some cases, the interest rate is determined on a per-applicant basis, so that, for example, high income earners can obtain a loan at a lower cost. Of course, such an estimate is related to how the lender sees the applicant’s ability to pay.

Where and how to get a loan at a low interest rate?

It is easy to find tips, loans and credits online in a matter of seconds, but you should not rush to fill out an application without knowing it. It doesn’t matter what you borrow at all. There is also no unambiguous way to compare lenders and say which loan offers are the best on the market. Loan offers usually depend on the information provided by the applicant, so it makes sense to compare only the loan offers received by the same applicant.

For those looking for financing alternatives, it is very convenient that you can apply for a loan from online banks around the clock. Typically, however, loan decisions are made during service time periods, typically between 7am and 11pm. The opening hours of the different services differ, so it is worthwhile to pay attention to these points in the comparison as well. In the global financial market, it is important for Finnish customers that the customer service is in Finnish and that the availability of customer service is sufficiently wide.

By bidding you are sure to get a low interest rate loan

By bidding you are sure to get a low interest rate loan

There are dozens, if not hundreds, of financing options, leverages and loans available to apply for. Comparing all of these one by one takes time, and for a loan seeker, spending hours individually comparing loans may not make sense. The old saying is that time is as valuable as money, so saving time also saves money. However, comparisons are a wise choice for the money-maker, as you can use a pre-made comparison to see all your loan offers at once and compare them at a glance.

You can bid on a large number of the best loans in the market with one application. With this single application, you will receive more than 25 loan offers, from which you can choose the loan option that suits you best and your preference. You can apply for a loan with our application if you have a regular income of at least $ 1,200 and you have no credit default notes.

Borrow Now: Great Tips To Avoid The Need For Unexpected Money

Almost every one of us has certainly come up with a situation where we should get a loan as quickly as possible. Amidst the hurry and stress, it is easy to forget to bid on loans.

This oblivion can be costly as interest rates on loans can vary by tens of percent. Below are four good tips to avoid the need for sudden money.

Save the Buffer Fund for a bad day

Save the Buffer Fund for a bad day

The best way to avoid Matt in your purse is to save in a “savings buffer”. Savings buffer refers to a separate bank account or fund that is saved for future larger purchases or just for unexpected expenses. Easier said than done, but even with small everyday choices, you can save surprisingly large amounts on an annual basis. Cooperative Bank is already offering its customers a savings ticket that you can save in a very interesting way.

The savings box allows the account holder to turn on automatic saving, which transfers a predetermined amount from the card to the savings box each time a card is charged. For example, if you set the automatic saving amount to one euro, then every time you make a purchase, the euro will be transferred to the savings box. Many of us make tens of purchases a month, so the savings can be surprisingly quick.

Revenue & Expenditure Budgeting

bank

Another way to plan for unexpected expenses is to monitor your own finances. Nowadays, this can be done almost automatically by various applications. So keeping track of your finances no longer has to be a matter of keeping shopping receipts and filling out Excel.

By using applications like Pivo or Tink, you can see in real time what you spend, and also where all that money is spent. Budgeting is easy with these apps. For example, you could set a monthly budget of $ 50 for clothing purchases. The app will always notify you if you are approaching or exceeding your budget.

Tendering for contracts

The third way you can save significant amounts is by tendering different types of contracts. Surprisingly, many things can now be made cheaper. The most popular competitive bidding items are probably mortgages, but there are significant savings a year when you can also bid on more casual issues such as telephone, online, insurance, e-contract and car service.

Competitive shopping can also be done with everyday food purchases, by choosing a cheaper product called so-called. Instead of a “branded product”. In many cases, a private label is slightly cheaper than the original branded product, even though it is exactly the same product, except for the packaging.

Save and invest every month

bank

The fourth way requires patience and systematic approach. When properly implemented, it can be a ticket to financial independence, but it is by no means easy. The idea of ​​monthly saving and investing lies in the fact that, while saving and investing the same amount every month, there is also a time spread over the so-called trading.

Saving on shares with small amounts of less than € 1,000 makes no sense because trading costs eat up too much of the savings. Most do not have the opportunity to save thousands of euros every month, so for many people, monthly savings directly on shares are impossible. Fortunately, there are funds available that can save you a few dozen a month. For example, a fund marketed by Good Finance can be used to automatically deposit bonuses. However, the fund offered by S Bank is more expensive, so consider ETFs, which are considerably less expensive.

Loan for tenants, self-employed and MEI

With the end of the year, many people want to organize their lives to start the next year on the right foot. In this scenario, personal loan becomes an interesting idea, as it may be a safe solution to swap expensive debt for cheaper debt and be able to breathe a sigh of relief.

But besides wanting to get the budget out of the red, there are a lot of people wanting to go even further in 2020 and looking to invest in their own business . As a result, the demand for loans with special conditions for individual retailers or microentrepreneurs is increasing.

This desire for entrepreneurship in the Brazilian population is not new and has been growing even more in recent years. According to Serasa, by August this year, more than 2 million companies were opened, 20.7% more than in the same period last year . MEI-type registrations are for Individual Microentrepreneurs, the fastest growing type of company in this period, representing 82% of companies opened by August 2019.

Good news is that, according to Serasa economist Luiz Rabi, 88% of MEI companies that were created in the last two years are still working. This means that even with the country’s economic situation, entrepreneurship can be a great idea!

So if you are considering starting a business of your own, or if you already have a business and want to organize accounts to further enhance the potential of your business , this article is for you! Let’s talk about corporate loan solutions, including those who need to pay off company debts and look for a loan for negative retailer . Enjoy the encouragement of the approaching new year, check out our tips and run after your dreams.

 

Loan for tenants, how does it work?

Loan for tenants, how does it work?

For those who have a trade or provide services, either as a small business or MEI, the question that does not want to be silent is: how to get a loan for MEI ? So let’s go in parts.

One of the main advantages of being a formal worker is having specific lines of credit for small businesses. Recently, the Saversmind Development Bank created a financing modality dedicated exclusively to the development of individual microentrepreneurs . In addition, there are several other lending options focused on this market.

Then you will ask me: but then, how do I choose the best option? Is it more worthwhile to borrow or finance? To know what is the ideal solution for your situation you need to do a lot of research and first of all know exactly how much you need and where you want to spend the money.

Financing tends to have very low rates and long repayment terms, but it is intended for specific uses such as purchasing materials and machinery, or expanding business. Loans can be used the way you prefer : to pay off company debt, organize finances, have working capital, make improvements, increase your production capacity, and so on.

In that case, if you have many things to work out, opting for a loan may be the best way. Today, loan options with rates and repayment terms that are as competitive as those of financing can be found on the market.

 

Can a negative retailer take out a loan?

Can a negative retailer take out a loan?

Getting a loan with a dirty name is not an easy task, but neither is it impossible. In the market, the main options for loans to negatives are offered to civil servants, retirees or pensioners.

This is because the person applying for the credit has a fixed income and the loan amount can be deducted directly from the benefit payment (salary, retirement or pension). Thus the operation is safer for the institution offering the credit and therefore may have lower rates.

But if you are a freelance entrepreneur do not get discouraged. There are companies that specialize in loans for negatives and various credit models that can suit you, ie you can still get a loan to stabilize the finances of your business . For this, the most important thing is to be able to prove that you have a secure source of income and that you will be able to repay this loan.

We know that the company’s profits are variable and that you do not have the same paycheck every month, but proving that in recent months you have earned a sufficient amount, already makes the process a little easier. Also, if you haven’t figured out what the advantages of having a CNPJ are, one of the main benefits is here: Having a formalized company facilitates financing and lending processes for your business.

In addition to companies focused on loans for negatives, there are credit solutions with good guarantees for financial companies, which, in addition to having lower rates, are also offered to those in debt, as is the case of loan guarantee. Tcredi’s property . To get this credit, you only have to have a property that can be valued and pledged in the negotiation of the loan. The whole process is super safe and you do not lose the right to use the property, it is only inserted in the negotiation.

 

Online Simulation

loan Simulation

If you want to know how to get a personal loan online or which bank is best for a personal loan, The first thing you must do is a loan simulation. By utilizing an online loan simulator you will be able to visualize more clearly what are the negotiation possibilities for the amount you need and find the best solution for you. So you make a decision with more security and no surprises when it comes to borrowing.

Here at Tcredi, you do virtually the entire process online ! It starts with the simulation, where you will find the ideal conditions for your loan. Then you register the documents, go through an approval process, and then receive the value.

It’s the perfect combination of the convenience of being able to do everything right from the comfort of your couch and the peace of mind of having a secure financial institution . In addition to all this convenience, Tcredi has one of the best payment terms on the market: rates from 0.99% per month and up to 180 months to pay.

 

How the Tcredi Process Works

loan

We’ve talked a little bit about how Tcredi’s online loan works, and you’ve seen that you do almost everything without leaving home! But even if you do the whole process online, you have a team of people dedicated to offering you the best credit solution . Whether by phone or even by email or WhatsApp, there will always be a consultant following your entire process and answering your questions. See the details:

1- Simulation: With our calculator you simulate your loan without bureaucracy, just enter the value and zip code of the property that will be collateral, what amount of credit you want and how long you want to repay the loan.

2- Registration: You tell us more about yourself with some personal details and contact information. In a few hours one of our consultants will call you to help you get the best loan option.

3 – Documents: You send us some personal documents such as RG, CPF, proof of income and also the documents of the property that you will use as collateral. Here you are in charge. We receive your documents by email or via WhatsApp.

4 – Property Valuation: One of our experts will visit you to make a property valuation. Then there is also a legal appraisal, where we evaluate more deeply documents of the property, the IRS and other pending issues that may exist.

4 – Cash in hand: With the approved credit and the signature of the contract, soon the amount is available in the checking account you registered. You may still have a grace period to start paying the installments.

Conclusion

No more excuses to leave your own business for later! Take the time to make a simulation, hire a secure credit solution with great rates and payment terms, and finally invest in your business and start 2020 on the right foot.

What are the benefits of borrowing money online?

 

 

The Internet has completely changed the world of borrowing, and there are times when the finest suit for a new car was pulled from the corner of the closet and aimed at the bank’s manager in the hope of getting finance for the car. More information at http://www.fondazione-blu.org/payday-loan-consolidation-reviews-contact-us-to-consolidate-your-payday-loans/

Online Loans

Online Loans

Online personal loans are instantly available and you can apply for them even at a calmer show. There are also many websites that are offering ever newer and different types of loan options and packages, so that they are no longer under the monopoly of banks. The prevalence of online lending has grown rapidly over the last 10 years and is gaining in popularity and is being accelerated by borrowers enabling ever greater amounts. Various and varied packages often meet the needs of all applicants, especially when it comes to customizing them as needed. Of course,

While it may sometimes seem that borrowing from a traditional bank is safer than borrowing from an almost anonymous source online, it is no longer true. Because of this, more and more people are venturing out to take out a loan online, and below are 5 benefits that lead to a loan online:

1. Suitable for very tight situations

1. Suitable for very tight situations

Most people try to cover and plan their expenses according to their income and financial situation, but this is not always possible because not everything can be predicted. Sometimes the need for a loan can surprise you and the money is needed very quickly. In these situations, you can’t expect traditional lenders to open, go through a long process of applying for a loan, and accept the loan. Online loans are perfect for financial crises, which often only take a few minutes to hours. Another important and convenient factor in getting an online loan is that there is no reason to apply for the loan, and the money you get from the loan can be used for exactly the purpose you want.

2. Convenience

2. Convenience

One of the best features of online loans compared to traditional loans is their convenience. The process of applying for and processing the entire loan is extremely simple and can be done from your own home. All you need to do is fill out the application online and it can take up to minutes to be credited to your account. All communication with the lender is done via the Internet, meaning that several trips to the bank do not have to be made for a successful conversation with the employee.

3. Easier to get an approved decision

3. Easier to get an approved decision

As the economic situation continues to change, banks have tightened their criteria for loan applicants and are constantly changing their terms. Online loans and their providers are often not demanding for applicants, which makes it easier to get a loan right away, depending on course on credit and other factors. Instant loans can be obtained even when your credit history is gone or your financial situation is very bad. This is one of the biggest reasons why you are borrowing online.

4. Lower costs

4. Lower costs

While this will vary due to a variety of factors, such as the size of the loan, the time it takes to pay and the applicant’s personal information, online loans may offer cheaper options than traditional loans. This is especially true for applicants who want clear, informed information, and open, when applying for a loan. This way, for example, the annual percentage rate of charge is immediately visible and no unexpected costs are incurred if the contract and its terms are complied with.

5. Versatility

5. Versatility

Online loans have also changed the market by offering more versatile options to find a loan that suits you. Because of the many providers, competition is tough and every loan applicant can enjoy offers and consumer loans, for example. Comparison is also easy, as the details of the providers are clearly displayed for each loan package.

Home Credit Firm Vs Metamex

Currently getting a home loan may seem almost impossible, and in reality, it isn’t. It is simply that sometimes we do not give ourselves the task of comparing viable options that fit our budget and needs. If you wish to purchase a house or apartment, we help you by comparing two credits for Firm Credit and Metamex Credit.

 

The best home credit

The best home credit

You may expect in response the name of a loan that will magically bring the house of your dreams to you immediately. Sorry to disappoint you, but as such, that credit does not exist. What does abound are the home loan options with different financial conditions, from which you can take advantage to benefit as much as you can.

For example, here we present two credit options to buy a house from two different banks with the same term to be settled. Although you have both the same 15 years to finish paying your home between both options, there are differences that can help or harm your financial situation (It all depends on your specific case and credit conditions).

Look at the example:

Firm Credit

Firm Credit

This home loan has the peculiarity of being accessible to people who do not have a large part of the total housing and must only give a 20% down payment and can lend you up to $ 10,000,000.00 for the purchase of your home, which should not exceed $ 6,000,000.00 as total value. For your benefit this credit does not have an opening commission and the notarial expenses that you must cover amount to 8% of the value of the credit.

How to get it?

If you have a good credit history in the Credit Bureau , a provable salary exceeding $ 10,000.00, one year old in your employment, your age is between 25 and 75 years and you can cover the initial expenses including the hitch this credit can be yours.

 

Metamex Credit

Metamex Credit

Although this credit, although it manages an average CAT and a higher down payment, it has the advantage of offering you unlimited amounts, that is, with it you can acquire the home you want regardless of its value. The cost of notarial expenses amounts to 7% with respect to the amount of the credit and can be used to acquire a new or used home.

How to get it?

If you have a good credit history in the Credit Bureau , you are a salaried employee who can prove a salary higher than $ 15,000.00, you have a year of employment in your employment between 26 and 69 years old and you can cover the down payment and the initial expenses this credit is for you.

Do not miss the house of your dreams, getting a mortgage loan is not impossible, it is simply a matter of searching and buying different options in order to find the most appropriate to your current conditions.

Borrow Online With Selected Deals

If you would like to apply for a loan , there are many offers to choose from, so it’s easy to get confused. Good luck, we’ll help you! On our site you will find selected loan offers that have no pitfalls; All you have to do is choose the one that suits you best!

 

Be sure to carefully review the list of available loans

Be sure to carefully review the list of available loans

As the terms of the loan are not tightened by any government regulations. Therefore, each bank may offer the same type of loan differently. If we take the example of personal loans and focus on APR, it is clear that up to 7-25% can be found in almost any value on the market. The 18% difference between the two values ​​is big enough to not let go of it and try to find the best one possible. Loans are mostly characterized by APR, which is an indicator of how much the total cost of a loan is, which of course you have to pay, but of course not only APR, because there are a number of reasons why you can apply for a loan: speed, need for cover, or minimum income.

We have compared loans in detail on our page and tabulated all of their important features to make them easier to find so you can easily find the right loan product. Of course, the APR is the most important, but after that, the other features of the loan can come and you can start the credit application process from our site. See our partner’s best personal loan and home loan offers, as you can choose from the best products, click here.

 

Getting a loan has never been so easy and fast

Getting a loan has never been so easy and fast

Take advantage of the opportunities we offer to make your own business easier! Whatever type of loan you are considering applying for now or in the future, we will always be of assistance to you; all you have to do is visit our site! If you have any questions, we won’t let you down, just contact us at one of our contact details! We will be happy to help you with your choice!

Home loan interest rate decline and home loan interest rates.

Nowadays, thanks to the financial crisis of 2008, the average person is completely uncertain whether he would get a loan from his bank if he was going to buy real estate. You can find out all this in our home loan menu item. Home loan interest rate, base rate, interest rate premium, and everything related to the topic.

Fortunately, today the situation looks completely different. Commercial banks are fighting to the fullest for home loan applicants. Customers are quite happy with this, as they are the main winners in this competitive situation, as the average mortgage interest and loan charges may drop by as much as HUF 1 million compared to a year ago.

What are the reasons for the falling and regulated mortgage interest rate?

It is nothing more than the introduction of the “debt brake” that came into effect in 2015 and the introduction of the FAIR Bank Act . These regulators make it mandatory for banks to include elements of responsible lending, such as examining the maximum portion of a mortgage applicant’s income that can be used to repay the loan and the maximum payload of the property.

Home loan interest rates are also subject to stricter regulations.
In the case of the former, the rule is easy to follow: the individual’s certified net monthly income below HUF 400,000 can be charged up to 50% above HUF 400,000 up to 60% with the monthly installment of the home loan.

The retail clientele already has a bitter experience

The retail clientele already has a bitter experience

In this case, unfortunately, the retail clientele already has a bitter experience with over-lending to a given income, so the internal brake on mortgage borrowers works more than the official regulator.
As stated above, banks will primarily determine the interest rate of the home loan they wish to raise, depending on the customer’s certified income and the amount of the loan in relation to the value of the property. If you are curious as to what conditions can take a housing loan.

The decline in mortgage lending rates was triggered by two main factors: the drastic decline in the central bank base rate and, to a lesser extent, the moderate hunger of lender interest rate spreads. (although the drop in the base rate was not followed directly by the banks including interest on the premium, ie the banks were not yet living well akt)
As a result, in 2015, commercial banks may already be seeing rates below 5% for the best mortgage rates offered to their best clients.

As banks are currently only granting loans in forints at home

bank

The only risk that has to be borne in mind in the long term is the increase in interest rates. This risk must be taken into consideration in the case of a 15-20 year product.
Changes in European (ECB) and American (US-Fed) key interest rates affect the Hungarian interest rate. At the current juncture, analysts in Europe are not expecting a significant increase in interest rates for at least the next year.

However, it cannot be stressed enough that current interest rates are at historical lows, so further reductions are not really expected, the more it is worth considering the effects of a possible increase.
For example, a 1 percentage point (or 1%) increase in interest rates can result in up to 5-8% increase in a customer’s monthly installments, of course, depending on maturity and current interest rate.

Nowadays, banks also provide a solution to protect their monthly installment from possible increases in mortgage rates.
This is a fixed interest rate fixed for 10-15-20 years. In this case, they charge an average interest rate of 2% higher than the interest rate on a “normal” home loan. Of course, this “insurance” comes with a price: it can mean approximately 15 percent more monthly repayments.

What income do I need for the Baby Waiting Loan?

Even before the launch of the Baby Waiting Loan on July 1, 2019, there is a huge upfront interest in the scheme, as support of up to HUF 10 million is available if applicants meet the legal and credit institution conditions. One of the most important elements of the conditions is the income test, because it determines how much the claimant can get from the total HUF 10 million grant.

What is a Credit Rating?

money

Credit rating is the process by which a credit institution examines whether a claimant meets the conditions specified by law and the bank’s internal regulations. This includes an income test, where the financial institution examines whether the claimant will be able to repay the loan taken out of his income. The income test is also important in the case of a Baby Waiting Loan because there is no real estate collateral for this loan, which would serve as a security in case of non-repayment of the loan.

Credit will be granted to the claimant under stricter conditions

Credit will be granted to the claimant under stricter conditions

Banks do not accept, nor do they recommend the inclusion of income, and therefore no support, if the applicant is still on probation at his / her workplace. Wait for the trial to expire before submitting your application. In the case of people with a fixed-term contract , it is to be expected that the credit will be granted to the claimant under stricter conditions.
The minimum net income for a 10 million Baby Waiting Support is 20,000 for a 20 year term.

In the case of income from a KATA enterprise, based on current market lending practice, it is sufficient to have a 3-month past, a Baby Loan requires a 12-month entrepreneurial past and, in most cases, must have at least one closed business year.

How do banks take income into account?

cash

In the case of loans without real estate collateral, financial institutions allow up to 40% of their certified net income to be debited with a repayment installment. In the case of a net income of HUF 100,000, the payment can be debited up to a maximum of HUF 40,000.

If you do not have your first child within 5 years of the date of your baby’s loan, the loan will cease to be interest-free, so in case of a loan of HUF 10 million, HUF 74 thousand will be repaid over a period of 20 years instead of HUF 45 thousand. Credit institutions will, as a precaution, examine the coverage of this $ 74,000 installment when checking income. From this the amount of around HUF 220 thousand mentioned above was calculated.

Because banks will be responsible for credit rating, despite the fact that the interest rate and repayment terms of the Baby Waiting Support are the same for all banks, there may still be significant differences between individual credit institutions in the amount of Baby Waiting Support that can be accepted. It is worth asking our credit brokerage specialists about the different terms and conditions so that you can obtain the highest possible amount of support.

What to consider when applying for a Baby Waiting Loan?

Repayment installments of previously taken loans reduce the amount of Baby Loans that can be claimed. For example, if you haven’t used your credit card you may want to cancel it. It’s a good idea to collect all overdraft, credit card, or credit debt information before you inquire. It is also good to do this because the Baby Waiting Loan can also be used to redeem a loan. It is worth considering this option as well.

Baby Waiting Support can only be claimed once!

The maximum $ 10 Million Baby Waiting Support can only be claimed once. This means that if a person currently has only 7 million forints and can take out a baby loan on the basis of his / her income, if his / her income situation improves he / she will not be able to apply for the unallocated 3 million support.

The $ 10 million Baby Waiting Loan is just because you don’t have to pay interest on it for about $ 8 million more than a personal loan. It is estimated that a couple with an average income is expected to be worth between $ 6-7 million.

If you would like to know more about the Baby Waiting Loan or you are interested in the Village CSOK Terms and Conditions, please fill out the form below as our credit broker will be looking for you!

New Car: I will finance, now what?

According to the experts at My Happy Pocket, the ideal way to buy a good is to do long-term planning, apply the money little by little in an investment and, in the end, buy the good in cash, and even bargain a good one. Discount on payment. “In theory, this would be the perfect scenario: the consumer pays no interest, buys the good for a smaller amount than if he had to pay in installments and still pays off the product in a shorter period of time than if he had to finance it” , explains the portal’s financial educator, John Demnolis.

However, he shows that in practice this project requires discipline. In addition, the consumer often needs that good or does not want to wait so long to gather all the money to buy it in cash. “Credit tools should not be viewed as villains. They arise precisely to give vent to the consumer’s dreams, especially long-term ones. However, these tools need to be used with planning and intelligence for the dream not to end up becoming a problem, ”ponders Demnolis.

And that reasoning is no different in car financing.

car loan with money cash

SPC Brazil economist Meireilas Kawauti explains that consumers can save up to R $ 4,000 on the total financing value of a new car simply by researching the cost differences between other banks – without having to increase the value of the entry or shorten it. the payment term. “The spot price is always the lowest, but in case of installments, you need to research a lot, be aware of the interest rate and calculate the total cost of financing and not the value of each installment”, advises Meireilas.

 

Negotiate Rates

car loan with money cash

Few people know but interest prices are not fixed and can be negotiated depending on the customer profile, payment terms and even the car model. “That is why it is indispensable to research and negotiate. Consumers may be able to lower the price of interest, depending on the amount of down payment and the length of time they will need to settle the car. In addition, dealerships usually vary the price of interest, depending on the make and model of the car, ”explains Meireilas.

 

Does zero interest exist?

car loan with money cash

The “zero interest” tactic is widely used in dealership advertisements. Experts warn that zero interest, most of the time simply does not exist. Usually the interest is camouflaged in the total cost of the car, since the same model is sold in cash by the dealership at a good discount. “In fact, to be zero interest, the financed amount has to be exactly equal to the cash value, which almost never happens,” warns Demnolis.

In the My Happy Pocket portal, you can better understand your options when buying a car and which one to choose. Click here.

Decided to finance your car?

car loan with money cash

    Then check out five tips to help you:

  • Commit no more than 30% of the net household budget, which is what remains after settling the expenses. If there is another large debt, such as the installment of a property, the two mortgages must fit within that 30%;

  • Try to minimize the number of benefits. If the amount does not reach the ceiling of 30% of your net budget, we recommend reducing the number of installments. In general, the lower the number of installments, the lower the interest rate will be;

  • Faced with a good opportunity, do not act on impulse. Return home, think about it, do the math, and come back to the seller again with the final proposal;

  • Remember to have a reserve for the extra expenses you will have with the new car, documentation, IPVA and insurance.

Almost all banks now offer auto finance, so choose the one that offers the best terms, go to that comparator and find out in just minutes what is the best option.