Do you have doubts asking for a loan? Perhaps there are some considerations that you have to make before you have a responsible attitude with your economy and finances: you will need to check the status of your personal and business accounts. You should think about how you are going to repay the loan and how much money you really need.
From Good Finance we suggest you ask yourself some of these key questions before requesting a loan:
How much money and what do you need it for?
This is the first question and perhaps one of the most important. If you want to ask for a loan for a very small amount, maybe it is preferable to give up certain pleasures and save, as long as possible. For example, you want to buy a jean for $ 1000.
Think that a credit, however small, extra expenses (commissions, interest, etc.) that will make your purchase more expensive. Perhaps for a purchase of this style it is convenient for a month to go to eat out or cut a little in some daily consumption to get to buy what you want.
On the other hand, a very different situation is if you have to repair the car or pay bills because they can cut your service and you don’t have time to wait, then it’s another story and an online loan may be the solution.
Do you need money urgently?
If the answer is yes, an online loan is a quick answer. We recommend that you try our simulator, where you can request between $ 3000 and $ 6000 to be credited to your account in a matter of hours.
When we have an unforeseen issue that we need to urgently solve and we have no money saved, loans are the best solution.
Can you return it in a timely manner?
That is, when you have to return the loan money, will you be able to pay it back? Do you have any kind of income that allows you to assume the installments in the agreed term? If an unforeseen event arose, some expense that you have to pay urgently and that did not fall within your monthly budget, it is logical that you consider applying for a loan.
But keep in mind that the next month you will have to start returning it and you have to have an income to do so.
Are you sure how much the borrowed money will cost you?
At all times you should be clear about how much the total amount to pay for the loan will be with the interest and commissions it entails.
From Good Finance we want to be as transparent and clear as possible, so we show you in our simulator how much the loan will cost you and for how much each installment will be debited from your account. The saying goes: clear accounts retain friendship! and we want to be the hand that helps you get up when you have a stumble and need help.
What happens to payment delays?
In the absence of payment, the financial institution that has lent you money will activate the late payment interest, you must also count on that if you are going to have problems in collecting your next income.
You also have to keep in mind that the non-payment of a loan, as of any debt, may also imply the inclusion in a list of delinquents, which will close the doors to the requests for next loans.
If you are hesitating to ask for your loan, send us your questions that we will answer as soon as possible.