Monthly Archives: June 2019

Online Credit Card 100%

100% credit card online and without bureaucracy.

That credit card is a “hand in the wheel”, there is no doubt … And when used with caution, it does not abandon you and you only have to win.

“Plastic money,” credit cards have become popular

Also known as “Plastic money,” credit cards have become popular, with options for varied public profiles: account holders, self-employed, high income, students, public servants, retirees and others.

Among the market options we will highlight today, the credit cards requested by the web, 100% online and without red tape.

To have a credit card, until recently, was only possible if it was requested directly in stores, banks or financial agencies.

In this case, it was necessary to complete a form with personal information, hand it over to the responsible official of the company and wait for a response on the approval of the credit.

All that has changed! Now you can get your credit card online and without paperwork!

APPLY FOR YOUR CREDIT CARD

How to Apply for a Credit Card Online

Today it is possible to request your most wanted card online and without any red tape. It is super simple and the process is fast, safe and it does not take 10 minutes to finish the process.

It can be done 100% online and from wherever you are. Just be connected on the internet through a computer or a simple smatphone.

Then just access the site of the chosen card, fill in the registration with a few clicks and you’re done! If your credit is approved (depends on the evaluation criteria of each financial institution), you will receive your credit card wherever you are.

Good Credit, still helps you more! Seriously … Here you just fill out a single registration to choose the desired cards from various of our partners. If your card is approved, just unlock it and do your shopping!

Find your credit card here!

APPLY FOR YOUR CREDIT CARD

 

What Co-branded Credit Card Means

What Co-branded Credit Card Means

They are cards issued by stores that aim to retain their customers. These cards are associated with a MasterCard or Visa flag and therefore have the credit function and can be used in other establishments.

It is possible to use the cards to make purchases through the internet, installment up to 10 times without interest , pay consumer bills, buy air tickets, travel packages and other services can be paid with the card, in a practical and safe.

Learn about credit card options:

APPLY FOR YOUR PERSONAL LOAN

 

Lower Rate Loan: Find Out Which Best Personal Payday Credit Template!

 

 

One of the main doubts of anyone who is considering applying for a Personal Payday loan is in relation to interest rates. Most credit models apply high interest rates because banks have no real guarantee of debt repayment.

Know the Personal Payday  loan with the lowest market rate

Know the Personal Payday Payday loan with the lowest market rate

An important point before applying for a Personal Payday loan is to know and analyze all the loan modalities available in the market. Thus, it is easier to find out which type of credit has the best hiring conditions and which best suits your need. Check below:

Payroll loan

The payroll loan is a modality of credit exclusively for public servants and retirees or pensioners of the INSS. Its main differential is that the payment of installments is directly discounted from your salary or benefit. Therefore, the banks have greater guarantee of their payment and, consequently, the default rate is much lower. Thus, financial institutions are able to apply lower interest rates , which are up to 5 times lower than other Personal Payday credit modalities.

Personal Payday loan

Personal Payday loan

The Personal Payday loan is when you ask the bank for a certain amount borrowed. The bank will analyze your income, your relationship with your bank and the market, and all the documentation you need to know if you have the funds to pay the debt later. These data will guide the definition of loan conditions, such as term and interest rates.

If the loan is approved, it is necessary to sign a contract, which will detail the loan repayment term and which percentage of interest plus the value of the installments.

Overdraft

Overdraft is a limit value that banks pre-release into your checking account . Because this credit model is already authorized and has no bureaucracy , you can use it at any time. Therefore, it is important to monitor your checking account frequently. sometimes it is so easy to “get on the overdraft” that we do not even notice. And since the overdraft interest charge is quite high, it may leave you even more in the red.

Rotary Loan

The revolving loan is related to the minimum payment of the credit card invoice. That is, when the total amount of the invoice is not paid, you are indirectly taking out a loan with the bank.

Basically, the bank pays the full amount of your invoice, and thus prevents your name from being erratic. However, the amount paid for it will be charged plus interest on your next invoices. Therefore, it is important to pay attention to the revolving loan, since interest is usually high and cumulative .

With the table below it is possible to make comparative of Personal Payday loan modalities and their interest rates, according to Central Bank data:

Loan model Average interest rate
Personal Payday loan 4.65%
Overdraft 16.0% am
Rotary Loan 18.4%
Payroll loan 2.10% at

Now that you are familiar with the major Personal Payday credit models, understand why the payday loan has the lowest interest rates on the market compared to other forms of credit by reading the post: Loan with Low Interest Rate: Understand the reasons

Possible loan request under Good Finance

“I am on Good Finance and I need a Personal Payday loan.” This is often the case, so we’ve gathered all the important information and show you how you can succeed in applying for credit if you’re on Good Finance.

 

Good Finance alone is not enough

Let’s start with the most important thing: in itself, Good Finance as income is certainly not enough for the loan application as the bank cannot count it as primary income. However, a successful loan application requires primary income, which may be a wage, a business income, or a pension.

As Good Finance is a secondary source of income, the bank will count as a maximum additional income. Also, the bank does not accept the following:

  • It was on maternity leave,

  • CSED was,

  • family allowance,

  • child support,

  • orphanage,

even if the amount of aid reaches the minimum required for the loan application.

So if you have only secondary income, you will not be able to claim credit alone.

You can join the credit transaction as a companion

It is different if you are not the only one who needs credit as a parent at Good Finance, but you are a co-claimant in the loan agreement. In this case, the Good Finance complements the income of the principal debtor, and you can get a better offer from the bank because of the higher total income. It is important that the party named as the principal should have primary income.

Conditions for applying for credit

If you are a co-claimant in the credit agreement, it is a great responsibility for both of you, because in case of inappropriate repayment, not only the primary debtor, but also the co-claimant is responsible for repaying the loan with his Personal Payday assets. If you take a loan as a couple, you must be involved in the credit application process – if you do not want it, you must apply for it separately.

As a collaborator, you must meet certain conditions:

  • you must be of age

  • you may not be on the Central Credit Information System (KHR) negative debtor list,

  • you need to justify your income.

In order to apply, the co-applicant must also present the necessary documents:

  • a valid identity document (identity card, driving license or passport),

  • address card,

  • tax card,

  • bank account statement (if your account is not in the bank of your choice)

The most favorable Personal Payday loan offers

We checked which bank offers the best offer at a monthly income of less than HUF 250,000. Suppose we need 1 million forints and the term is 60 months. Based on the calculations of the Personal Payday Loan Calculator, the CIB’s Progressive Personal Payday Loan is the most favorable of these terms, with the APR being 11.73 percent. The monthly installment is HUF 21,814 and the total repayable amount is HUF 1,330,840. In order to get credit at the CIB, a certified net income of at least 120,000 forints is required.

For risky situations: have a credit insurance cover!

Credit insurance provides assistance in difficult life situations. Typically, such an event can occur if you lose your job, accident or ill. In the case of a longer illness or death, the insurer may even pay the full outstanding debt. If you lose your job, you will take 3-12 months to pay the installment of the loan, depending on the type of insurance.