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A car is also necessary within the family. Especially when customers live outside the city in the suburbs, even shopping without a car is a stress test.

However, very few consumers can pay for a car in cash and look for a car loan from a bank or car dealer. In addition to the bank, the car dealership is also a good contact for a car loan.

The credit that car buyers choose depends not least on the creditworthiness of the customer. The classic installment loan has its advantages as well as financing through the dealer.

If you want to know more about bad credit dealerships, just visit our site now

Customers should compare credit before making a credit request. This shows the best provider that is at the top of the list displayed.

The borrower only has to enter the loan amount and the term and can see at a glance the amount of the loan installment that he has to pay each month. The customer can then submit the loan application directly via the website of the selected provider.

The customer is also free to ask his or her house bank for a car loan from a bank or you can take the alternative option like bad credit dealerships. Experience has shown that bad credit dealerships can offer better conditions.

The loan comparison shows not only the amount of the loan rate but also the effective interest rate. This should be in the customer’s focus anyway since it shows all the costs of a loan.

Customers should know at the interest rate that this is not relevant for all customers. Since interest is usually calculated on the basis of creditworthiness, only the customer who has good creditworthiness receives a low-interest rate.

Free special repayments and installment freezes are also part of a cheap car loan from a bank or car dealer.

The bank loan or the dealer loan

The bank loan or the dealer loan

If customers inform themselves before making a loan request, they will often find that the car dealer offers better loan interest from the house bank. On the other hand, an installment loan from the bank can be used to claim the cash discount.

This reduces the necessary loan amount and thus the interest burden.

The example shows :

If you apply for a 30,000 USD loan from the house bank with an annual interest rate of 5%, you can assume that the charge of a good 3131 USD is cheaper than for the dealer who offers an effective annual interest rate of only 2%. This saving comes from a cash discount of 15%.

Customers should know that the effective interest rate is the decisive interest rate. This shows all credit costs.

The nominal interest rate, on the other hand, only shows the pure interest rate.

The car loan from the house bank

For many borrowers, the house bank is the number one contact. Customers can avail themselves of a classic installment loan or a special car loan. Both types of credit show advantages and disadvantages.

The installment loan is repaid in constant monthly installments. In addition, the loan amount can be freely used. The currently favorable interest rate level makes an installment loan a cheap car loan from a bank or car dealer.

The special car loan is also a good credit model. The disadvantage is that the loan amount can only be used to buy a car.

The advantage is that the bank rewards the customer with favorable conditions. Because the bank has the vehicle letter as collateral and thus reduces its risk.

However, the car remains the property of the bank until the loan is paid.

The car loan from the dealer

The car loan from the dealer

Some car dealers offer their customers 0% financing for the purchase of a car. The loan from the dealer is also very convenient.

The customer chooses a car and is provided with the right loan. Regarding the interest rate level, it can be said that traders often offer unbeatable low-interest rates.

Especially when a new car is bought. Car manufacturers want to boost the sale of their cars. In addition to the installment loan, customers can also get three-way financing from the retailer, similar to balloon financing.

With this financing, the customer pays very low installments during the term of the loan, but in the end, he has to pay the large final installment. This can be paid in cash or paid for through further financing.

Advantages and disadvantages of three-way financing

The advantage of this car loan from a bank or car dealership is obvious. The rates are extremely low during the loan period.

This financing is advantageous for customers who can dispose of a larger sum of money at the end of the term (life insurance, savings contract). This type of financing is also chosen by customers who do not yet know how to proceed with the car at the end of the term when buying their car.

The customer can return the car to the dealer. However, he may incur additional costs.

For example, if the agreed mileage has been exceeded or if the car is damaged.

Don’t forget the cash discount


A car loan from a bank or car dealership can be financed by the bank as well as the dealer. If the customer opts for the bank loan, he can act as a cash payer at the dealer.

It is not uncommon to get a discount of up to 30%. This reduces the loan amount and reduces the interest burden.

In general, however, the total costs should make the decision about the type of financing.

Requirements for a car loan

If you want to buy a new car, you have to be able to pay for it. The banks, therefore, check the creditworthiness of the customer.

This is where income is scrutinized. It should have an attachable portion.

Permanent employment without a fixed-term contract is also important. The positive credit bureau is very important.

There are many banks that do not grant credit if the credit bureau is negatively affected. A loan from abroad could be the solution for these customers.

However, the maximum loan amount there is only 7,500 USD.

Government Employee Loans – Instant online quote

The financing alternatives that employees in the public sector can choose from are enriched by the existence of specific loans for civil servants .

However, these have access limits, with mandatory requirements that may limit their use, as in the case of multi-year guaranteed or unsecured Inpdap loans. Both constitute a further alternative to the transfer of the fifth by presenting almost identical characteristics but at much more advantageous conditions. (Also read more about Transfer rates of the fifth ).


Dedicated or accessible to all?

government loan

Undoubtedly, in the case of state employees, both by contacting some “normal” banks or financial companies and those affiliated to guaranteed long-term loans, better conditions are obtained compared to private employees. However, among the most careful banks in reserving special conditions we find Onicredit and Nicelink Bank .

There may be limits for some employment contracts, as in the case of requests for the assignment of a fifth for employees with a fixed-term contract . Here, too, the possibilities are not lacking, but they become much less frequent, which makes it easier to find particularly convenient conditions at times.

Among the financial companies that offer assignment of the fifth to employees with a fixed-term contract we can mention Fiditalia which provides for the only duration limit imposed by that of the existing contract.

Logically, whenever possible, it is always better to choose specific loans, such as the aforementioned small loan and the unsecured multi-year loan , which reserve rates unmatched by any bank or financial institution. The important thing is to be careful to acquire the minimum necessary requirements that make this specific category accessible, given that there is a minimum length of service and contribution to the Unitary Management Fund for credit services.


What requirements are needed?

employee loan?

Retirees must apply for membership in the Fund with their retirement application, while civil servants can do so at any time. The contribution to the fund must however have started (for pensioners it is 0.15% and for employees 0.35%).

For the small loan, for example for former Ipost employees, a minimum of 2 years of payments to the Fund is envisaged . For multi-year loans, however, it rises to 4 years, which are halved only for the disabled or medaled for military valor or war maimed.

Both can also be requested by fixed-term workers, but for multi-year loans the term contract must be at least 36 months, and the maximum duration of the loan equal to the period that is missing to its term (for example a 5- year contract allows to obtain a duration of 5 years).


How do you request it?

loan request

The process changes according to whether they are ex Ipost or ex Inpdap and according to the type (long-term unsecured, direct or disbursed by banks and financial companies without particular agreements). In the event that the application passes through the INPS (the only ‘contact person’ after the absorption of Ipost and Inpdap), the electronic submission is foreseen .

The simplest procedure for the small loan is through the self-service function of submitting the request on NoiPa using the tax code and password, or the Service Card. However, both on Inps and on NoiPa it is possible to make simulations to evaluate the impact of the installment that should be repaid.

If, on the other hand, you go to banks that have an agreement for long-term loans (those companies that have been authorized on the basis of Article 15 of Presidential Decree 180/50), you must follow the procedures indicated by the banks themselves, returning to a condition very similar to what banks or non-affiliated companies reserve for civil servants. Similar procedures also apply to renewals, without prejudice to the limits imposed by the various regulations.

Mortgage loan: How to apply for it and how to get it

The mortgage loan is a financial solution capable of raising itself as a pleasant alternative in the context of Italian financing choices . It is in fact a solution through which it will be possible to obtain a rather important capital, with equally significant fruition and customization options. Let’s try to understand how it works, what its main features are, and where it is possible to make such a request.


Mortgage loan or mortgage credit

Mortgage loan or mortgage credit

The mortgage loan, also called mortgage credit, is a loan that makes use of the necessary underwriting of the mortgage on a real estate property, in order to obtain a desired capital. It can also be used as an annuity loan, a mortgage for liquidity or in the most common form of home loan, therefore it is a solution based on the possible registration of a mortgage guarantee on the property owned by the person requesting the loan.


Is the mortgage loan convenient?

Is the mortgage loan convenient?

The mortgage loan is all the more convenient the larger the capital required. Therefore, this is the best solution for disposing of sums from 50-60 thousand euros upwards, and for all those who wish to repay the capital within an amortization plan lasting between 5 and 25 years.

On the other hand, due to the costs necessary to proceed with the registration of the mortgage guarantee, the mortgage loan can be inconvenient for those who choose to borrow in small amounts, and for those who could have greater satisfaction by applying for a common personal loan.


How to apply for and obtain a mortgage loan

How to apply for and obtain a mortgage loan

As can be easily understood, in order to request the preferred type of mortgage loan , in addition to the personal and income documentation (useful for identifying the applicant and understanding if the same has the right creditworthiness or not), it will be necessary to deliver to the lender also a series of documents relating to the property on which you want to take out a mortgage.


Various forms of mortgage loan

Various forms of mortgage loan

As mentioned above, there are numerous forms of mortgage loan currently available on the Italian market. Consider, for example, the possibility of being able to access a traditional home loan, with the bank that will disburse an amount equal – usually – to a maximum of 80% of the value of the property to be purchased or renovated.

Or even think about the possibility of obtaining a liquidity mortgage , with which the client of the lending institution will obtain a sum of money useful for making personal and family expenses, being able to obtain an amount proportional to the value of the property subject to mortgage . Finally, think of the lifetime loan, a loan that allows you to obtain a sum proportional to the value of the property, for the main benefit of subjects of rather advanced age.


Where to apply for the mortgage loan

Where to apply for the mortgage loan

Nowadays it is possible to apply for a mortgage loan at all the main banks and financial institutions, where you will certainly find a wide range of useful opportunities to be able to meet your credit needs. Consult carefully the information sheets, the contractual conditions, compare them with competitors and … give vent to your new life projects!

Credit despite low income

As everyone can imagine, getting a low-income loan is not very easy. If you have hardly any money to live with, you will hardly have anything left to repay a loan. However, it is not impossible to get a loan, even if it will not be very high.

Creditworthiness is not only dependent on income

Creditworthiness is not only dependent on income

Many think that those who have a good income will automatically receive a loan. That’s not the case! Income alone is not enough to question creditworthiness. Even low-income earners can score points at banks and receive a loan. If, for example, the borrower owns a property or a life insurance policy with a high surrender value, he can score with his creditworthiness. Those who earn just under 1,200 USD, but do not have to pay rent, often have more advantages than someone who earns 2,000 USD and still has to pay the rent. In addition, guarantees can ensure that a loan can be taken out despite low income.

How can I apply for a loan despite a low income?

How can I apply for a loan despite a low income?

The path should lead to the house bank in order to have an extensive conversation there. The applicant should draw up a budget in advance. Income and expenses are noted there and counted against each other. This way you can see whether there is really any money left for monthly payments. In addition, the latest bank statements and the employment contract are requested. A clean credit bureau must be available. If you have too many negative entries there, you will not receive a loan despite low income.

Bank refuses credit – what to do?

Bank refuses credit - what to do?

In some cases, all collateral is not used to obtain a loan. The requirements are very high and not everyone can meet them. If all else fails, there are other options. On the one hand, private lenders can be found on the Internet on special platforms. However, these loans are offered at high interest rates, so you should be very careful here so that you don’t get into debt. Another way leads to your own family or friends. It is not uncommon for them to be asked about a small loan. This is free of interest. However, a loan contract should still be drawn up so that no disputes can arise later. A monthly rate can also be agreed, which does not make the financial situation worse.

Easy Loans Without Complexity

Easy loans without complicated, or easy loans directly liquid, various designations of the many types of loans provided by creditors, both bank creditors or creditors that are non-banking.

The purpose of this loan can be used as working capital or additional capital in your business. This credit is very useful for entrepreneurs, both beginners or who have been pioneering for a long time.

Benefits obtained by the debtor

Benefits obtained by the debtor

Some of the benefits gained are:

  • Become the initial capital to start a business from scratch. This can help the borrower to fulfill all his needs in the realization of becoming an entrepreneur.
  • Can be stored so that it can be used if needed. The purpose of this savings capital is so that the operations of the business being worked on will continue to run, if at any time experiencing a crisis condition.
  • The interest from the credit is charged to the funds that have been withdrawn by the debtor, so that the amount of the credit payment can be arranged in accordance with the agreed terms.
  • The payment process is a gradual and regular installment, which aims to ease the burden on the borrower. And the payment term has been determined and written on the agreement.
  • Low payment, provided that it is paid before maturity. Because if it is paid past due, or has not made a payment, then it will be subject to fines or penalties in accordance with the provisions and agreements that have been made.
  • There is evidence of a loan agreement, so from the debtor can know the amount of interest to be paid and will not harm the debtor, should there be an increase in credit interest.

The thing you need to be aware of is that with the approval of the credit you are proposing, it often leaves people stuck or in debt. This is basically not the fault of the creditor, because the creditor himself has provided guidance and informed in detail, both how to use this type of credit and the specified interest rates.

However, many cases that occur are debtors who are inconsistent and arbitrary in the use of credit funds. In the end, of course, the customer will be in debt.

Tips for using loan funds properly

Tips for using loan funds properly

The following are some things you should know, aim to avoid credit debt wraps, so you can use this credit opportunity correctly and correctly:

  • Do not use this type of credit in businesses that take a long time, so they can immediately generate profits.
  • You can use, if in a very urgent condition. But if it is not too important, it is recommended not to use it.
  • Regular payments in accordance with the agreement or conditions set by the creditor, including if the loan has interest.
  • It is resolved immediately, which means you do not need to delay paying it off if it is due or has already paid it off.
  • Running a business with maximum consideration. Make careful planning, and neatly structured, and have alternative plans in case something happens that makes your business not run properly.

Thus all this information is conveyed, hopefully it can help you in using credit, so that it runs well and correctly in accordance with the expectations you have planned and become a reliable entrepreneur. Regards!

Change car loan – save money – it’s that easy

Switching car loans is easily possible because everyone has the right to redeem their “old loan”. Personal creditworthiness determines which loan offer suits the applicant. The relevant comparison shows all relevant offers. Do not hesitate to apply for the loan of your choice right now. You always submit your application without obligation.

Change car loan – starting point

Change car loan - starting point

People typically want to change their car loan in three cases. Either together with the vehicle change. However, they plan to sell the “still financed” old car privately. The second common reason is the maturity of the closing rate.

Interested parties are either dissatisfied with the follow-up financing or it is not even offered to them. Common reason number three is “large” debt restructuring. Existing loans are to be pooled and refinanced. The vehicle is part of the debt restructuring.

It secures the debt rescheduling loan with its real assets. It thus supports proof of creditworthiness. Switching car loans, regardless of the triggering reason and even with poor creditworthiness, enables the loan comparison.

Car loan with vehicle change

Car loan with vehicle change

Switching car loans is a good opportunity to do so when exchanging vehicles. The dealer is happy to take the old vehicle in payment and replace the existing loan.

Change car loan – with a change of vehicle

At the trade-in, he offsets part of the real value as a down payment on the new vehicle. Basically an easy and quick way, but unfortunately not very cost effective.

Change car loan, let the dealer “spoon out the soup” with end-of-life vehicle and credit settlement, he can pay for himself. Of course not in cash, but in the form of a low purchase price for the end-of-life vehicle.

In addition, by less discount on the purchase price of the new vehicle. The bottom line is that the dealer can quickly earn a few thousand euros. Money that nobody has to spend. After all, a 30 percent discount is realistic for cash payers.

The end-of-life vehicle sold privately also brings a lot more to the bottom line.

Redeem cash payer in the car dealership and old loan

Redeem cash payer in the car dealership and old loan

In the loan comparison, not only is cheaper car loan without a down payment offered for new purchases. Most banks also allow existing debts to flow into the car loan.

Clicking on product details creates clarity in the comparison calculator. The advantages should be:

Debt rescheduling of existing loans and free special repayment allowed.

Switching car loans and saving is then very easy to implement. Simply take the total amount as a car loan. In most cases, the motor vehicle letter may be sent to the bank with a time delay. Now buy the new car as a cash payer, with a statistical reduction of around 30 percent. In addition, of course, replace the old loan. This means that the Astro Finance is ready for private sale within just a few days.

As soon as the end-of-life vehicle is sold, it goes online in no time, only make the special repayment and pay off the rest in small installments. Nobody can save more when buying a car by changing loans.

Refinancing the final installment – loan change

Refinancing the final installment - loan change

Final installment loans are a very simple option if only a small car rate fits into the budget. Incidentally, only the real loss in value is often paid for. Unfortunately, the big end comes with the maturity of the closing rate. In most cases, she was not “saved”.

With a simple final installment loan, the car bank suddenly turns upside down. Despite regular installments, she does not want to grant a follow-up loan. Suddenly, switching car loans, third-party financing of the final installment is the only way out. With a good credit rating, refinancing the final installment is of course not a problem.

Simply select a low-interest loan for the final installment, apply, done. However, debt restructuring is often difficult.

Closing rate problems

Closing rate problems

Refinancing the final installment becomes problematic if only very small current installments have been paid beforehand. Then the closing rate roughly corresponds to the real market value of the car.

Unfortunately, this is far from the mortgage lending value. The difference can only bridge the personal creditworthiness of the applicant. But that’s exactly where the shoe presses. When buying the car, the vehicle value roughly corresponded to the mortgage lending value.

Otherwise there would be no loan agreement, at least if the creditworthiness is poor. Since the rates were then chosen too low, the already scarce reserves were “used up”. Because the mortgage lending value corresponds only to a maximum of 80 percent of the real property value. In principle, however, banks can only grant secure loans.

Tip – easiest problem solving

The easiest solution to the problem is the loan application with 2 people. The joint application enables you to switch car loans and still pay small interest.

Credit security is established by the second solvent borrower. Basically, the bank evaluates the common credit rating.

This means that the loan, as required by law, is secure.

Relieve tight budgetary budget – debt restructuring

Many good reasons can cause “ebb” in the household budget. If the condition of a tight household budget is not the exception, it means saving costs.

In other words, the rate load has to go down. Switching the car loan is almost always inevitable.

After all, in many families the auto rate is one of the “big breaks” in monthly installments. If the credit rating is probably not quite as good, it will be difficult to find a suitable partner in the credit comparison. Banks quickly reject debt restructuring in a difficult situation. Switching car loans and debt rescheduling from private loans depresses the rate burden, but the costs increase.

Cream Bank offers the right way out of the dilemma.

Change car loan – Cream Bank

Change car loan - Cream Bank

Basically, the way to find the right debt rescheduling loan is easy to find. Select only the “felt right” offer. Click on “continue” and follow the application route. The loan application is not sent directly to the bank, but to Cream Bank for preliminary verification. The portal’s credit professionals check the loan request under real conditions. With a neutral credit bureau query and all the trimmings.

The immediate approval is given together with realistic suggestions. The optimal way to switch car loans and to finance them individually is thus certain. Cream Bank even guarantees loans. If the company is actually wrong with its proposals, Cream Bank pays “compensation for pain and suffering”.

Summary – change of car loan

Summary - change of car loan

Switching car loans is an issue when changing vehicles, when the final installment is due and in the case of general debt restructuring. Not always choosing the convenient way usually pays off.

When changing loans with a vehicle change, the trade-in does not save the most money. It is more economical to buy the new car as a cash payer, but to sell the old vehicle privately. Cream Bank offers suitable solutions for all credit requests related to car loans. Both the high closing rate can easily be broken down into small installments.

Cream Bank also actively helps to find the right loan solution in individual cases. Using Cream Bank’s loan comparison, changing car loans is practically child’s play and safe.


The simple and reliable alternative to small loans

Are you looking for opportunities for quick and discreet money? Have you already thought of the possibility of a car deposit loan at your car pawn shop in Switzerland? Through the service of your competent partner, you can receive cash loans quickly, reliably and discreetly.

The principle: The pawn value of the pawn is handed over to you when you hand it over and the pawn is kept securely at your pawn shop in Switzerland for the agreed period until the money you need to buy it back is available in liquid form. Which valuables are depends on what you own. Gold, jewelry and watches are the best-known loan items. But there is still one option that very few people think of: the car, motorcycle, camper or classic car.


Car pawn loan as an opportunity to bridge financial bottlenecks in your car pawn shop

Car loan

In many cases, your own car or company car represents a great financial value. In contrast to small objects and real estate, the car is often valuable and liquid enough to bridge financial difficulties and liquidity bottlenecks with its collateral value. Selling small items is usually tedious and time-consuming, whereas selling larger items such as real estate often involves a long process, which cannot always be waited for to be completed. In this respect, the auto deposit loan offers an optimal opportunity to bridge financial bottlenecks.

How does that work at the Swiss car pawnshop? Quite simply: In just three steps you have the money on hand with which you can bridge bottlenecks or make investments.


The three “C’s” for a car deposit loan

deposit loan

Cash instead of a car? This often offers the best opportunity to pay bills. The good thing is: the car is not gone, it is only kept safe until you have the money you need to redeem the car.

The process from car to cash at the car pawnshop is divided into three steps:


Do you need a loan quickly and discreetly and are you in possession of a private car, motorcycle or company car, which is wholly owned by you and has a value of more than USD 6000? Then contact your Swiss pawn shop either online, by email or by fax.

In a first exchange, tell us the exact details of the car you want to mortgage. This concerns information about the model, the year of construction, the mileage and the general condition. We record the data and calculate the value of your vehicle based on the data.


We offer a loan amount based on the calculated value of the vehicle. The maximum loan amount is based on the estimate of the vehicle value and is usually 50-70% of it. As soon as you give your OK to our proposal, it becomes concrete: We make an appointment for the handover. Depending on the urgency, the meeting can take place on working days within 24 hours.


At a personal meeting, we check the condition of the vehicle and discuss and explain the details of the loan to you. For security reasons, it is necessary that we also check your identity. For this reason, we ask our customers to bring a valid ID with them to the appointment. We also need the train pass, the service booklet and all the keys. In return, you will receive the agreed credit in cash or we will transfer the amount to an account you have specified.

During the credit period, the vehicle is safely parked so that you can get it back in the condition that you brought the vehicle to the Swiss car pawnshop.


Take precautions

credit loan

Our goal is to support our customers during financial constraints and to enable investments. The deposit principle has proven itself for a long time and not without reason: everyone knows short-term costs that were not anticipated in advance – be it due to health problems, delayed sales or one-off and short-term investment opportunities.

But we also know that everyone likes their vehicle and it would be a shame to sell the car they loved quickly and badly at a loss, especially if they would like to have this vehicle again later. For this reason, the Funhouse Finance offers you credit flexibility. The originally agreed contract of three months can be easily extended, or the vehicle can be bought back before the agreed contract term expires.

So that everything goes as smoothly as possible for you, we advise you to draw up a plan to generate the money in advance so that you can buy the vehicle back as soon as possible and drive it yourself. If you stick to the plan and the necessary money is available to you again, you can contact us. We calculate the amount of the buyback, which is made up of the loan and the agreed interest rate, and we inform you of this before the meeting. So you can get to the pawnshop directly with the necessary means and start the return journey in your car.


The next steps

Are you interested in a fast, flexible and discreet loan without ZEK / Schufa information? Then visit our website today and find out about the options available to you. We would be happy to advise you and look forward to your visit!

What is a Personal Credit? Find out if it suits you or not

Solving an emergency requires speed. A payroll credit can be authorized up to 5 business days and provide you with the amount you need. However, there are some details that you should evaluate before deciding if this type of loan is best for you. Are you interested in acquiring this kind of credits? Here we give you the details.

What is a payroll credit?

What is a payroll credit?

This is how fast loans are known that do not have a guarantee and whose payment is constant as it is charged directly from your payroll account. Hence its name.

The bank notes that these loans represent 23.5% of the total consumer credit portfolio. This is explained because no external person is required to serve as a guarantee, instead your payroll account is used as a guarantee of payment.

Although this ease of placement makes it a very attractive product, it does not exclude you from generating debts if you choose a type of credit that does not match your income and your lifestyle.

Advantages and disadvantages of payroll credit

Advantages and disadvantages of payroll credit

To make your experience with a payroll credit the best, we recommend you consider the following.


  • It is essential that you have a payroll account.
  • Consider that the convenience of payment should not sacrifice your payroll savings, your current expenses or jeopardize work benefits that are deposited in that account.
  • The loan amounts are based on your seniority and your salary.
  • Includes extra insurance payments and account opening fee.
  • Losing your job or leaving your account without funds would seriously affect your credit payment.


  • The terms, in general, can be up to 60 months.
  • The money they lend you has no specific destination, you can freely dispose of it.
  • If you forget to pay for water or other services, automatic charges for this type of credit may be best for you.

Payroll credit or personal credit, which one suits me?

Payroll credit or personal credit, which one suits me?

Personal credit is an authorized monetary amount that a debtor or client must pay in full, together with the interests stipulated in their contract. A payroll credit and a personal one can mean different use situations. Based on this, we recommend that you consider what is best to occupy.

For example, if you need to make the payment of an urgent medical intervention and you do not have the guarantee and care of medical insurance, but with a payroll account, payroll credit may be an option.

The speed with which these types of loans can be approved and their low interest rates mean that their use does not represent a great risk to the economy of those who request them. Unless, as mentioned above, do not consider what your payment possibilities are without neglecting daily expenses.

Depending on the type of investment you need, you can occupy a personal credit . This, unlike the payroll, lacks a guarantee that facilitates its placement. Therefore, it is likely that the interest rate is higher, in addition to the payment of the monthly payments will not be made automatically, but will depend on the credited.

It is best to look for an option that suits your finances

It is best to look for an option that suits your finances

This option offers amounts of up to 350 thousand pesos with an average interest of 12%. This varies depending on the credit history and the person’s ability to pay, therefore, those with the best credit score will be able to get their credit at a rate of 9.9%.

It considers that, although the bank has registered the average interest rates of payroll credit as lower than that of personal credit , it is important that you look at indicators such as the CAT that includes additional costs to the rate of these products.

How to compare between one payroll credit and another?

How to compare between one payroll credit and another?

Something very common for payroll credit is the collection of life and unemployment insurance. The first is to pay off the debt if you die. The second works as a payment amount in case a labor crisis occurs. Therefore, your monthly payments will not only impact capital, you will also cover these additional costs . Hence the importance of carefully reviewing your contract.

Remember to compare different offers to avoid overindebtedness. If you do not have the financial solvency to make these payments, you may want to find another form of financing that does not involve credit.

Following the recommendations of the National Commission for the Protection and Defense of Financial Services Users, to have a reference of the money we can invest in a payroll loan, all your expenses and your monthly savings are subtracted from your total income, and the result will be the money you can use to pay the credit.

If you still have uncertainty about how to find a credit option that suits you, we suggest you take advantage of the Personal Credit and Payroll Simulator. This page provides you with answers and comparisons to concerns about which is the cheapest CAT or what interest rate suits you depending on your income and the amount you wish to acquire.

Following these recommendations you will have a broad overview of the options available to get your payroll credit and reduce the chances of getting hooked with loans that harm your economy and leave you with unpayable debts.

Instant Commitment Loans – What is it?

Brokering a loan is a rocky road. There are many individual stages to be taken on the way to a suitable loan: Not so when it comes to loans with immediate approval. Loans with an instant commitment are primarily loans that inform the customer of an immediate decision about lending. As a result, the prospect does not have to endure long waiting times, as is the case with a conventional loan request without immediate approval. But how does the potential borrower recognize instantly approved loans?

The offer of instant loans:

The offer of instant loans:

As a rule, credit intermediaries and credit institutions that offer instant loans also use it to advertise. There are numerous providers on the Internet who advertise with such instant loans. In principle, most of these providers also offer instant credit, but there are still a few things that should be considered before or during the application process. First of all, you should deal intensively with the modalities of the instant loan.

What matters most is the term and the interest. Interest is the amount that is added to the desired loan. The borrower has to pay this in addition to the nominal amount in mostly monthly installments. In general, the amount of the monthly repayment is an important issue.

Modalities, risks and seriousness:

Modalities, risks and seriousness:

The borrower should only accept loan arrangements that he is able to repay. Many people who apply for a loan face financial difficulties. Especially with instant loans, they need money as quickly as possible. Some people tend to overextend due to the financial pressure involved.

This means that they also accept modalities that not only weigh heavily on them, but may even worsen their financial situation. In this context, it should be mentioned that there are many providers in the business with instant loans that mercilessly exploit the plight of people through exorbitantly high interest rates.

It is also not uncommon to observe that, in addition to the high interest rates, there are also particularly short terms of the loans, which put additional pressure on the borrower. Reputable providers can usually be identified by fair interest. The best offers of instant loans can be found quickly when comparing loans, for example on the Internet.

A careful credit check is also a basic requirement for lending. Should this completely disappear or be carried out inadequately, this is a first indication for the interested party that it could be a dubious provider.



Loans with an instant commitment improve the financial situation of the borrower in the short term and can therefore be a real help. Due to the large offer and the different modalities, you should keep your eyes open and always check the offer carefully.