Monthly Archive: July 2019

Rich&Wise loan benefits

Be always on Rich&Wise! For its clients, Rich&Wise Loan has prepared the Benefit Loan + Rich&Wise Program. Thanks to it, we can save money by borrowing! To become a participant in the program, all you have to do is pay the liabilities on time, and in return we increase the loan amount available to us, build your positive credit history, get points for each loan repaid on time, and collect 100 points on your account. 

Rich&Wise loan is an institution that has its roots in Lithuania. Operating on the market since 2010, it has been trusted by many clients. As part of lending with this lender, we can count on the amount of PLN 8,000. The time for which we can take a loan is 45 days.

 

Take a loan Opinions about Rich&Wise Loan

credit loan

Be always on Rich&Wise! For its clients, Rich&Wise Loan has prepared the Benefit Loan + Rich&Wise Program . Thanks to it, we can save money by borrowing! To become a participant in the program, all you have to do is pay the liabilities on time, and in return we increase the loan amount available to us, build your positive credit history, get points for each loan repaid on time, and collect 100 points on your account . Each loan repaid in the range of 150-600 PLN is 5 ptk, borrowing 700-1500 PLN and paying them back we receive 10 ptk, we receive 20 ptk for the timely delivery of the loan in the amount of 1600-2500, and after repayment of the loan in the amount of 2600 -4000 PLN, we receive 25 ptk

By choosing another loan in Rich&Wise Loan you will also avoid formalities!

 

First loan for free

First loan for free

Rich&Wise loan has another promotion for its clients! This time the company encourages new clients to take loans from them for PLN 0. Now we can take the first loan up to PLN 600 for free.

Rich&Wise loan offer

Rich&Wise Loan offers loans ranging from 150 to 4,000 PLN, for 15, 30 or 45 days . We will get the first loan up to PLN 600 and for a period of 15 or 30 days. To take advantage of the promotion, you must apply for a loan by June 30 and pay off your liabilities on time, and we will receive a 100% discount!

What is the Cost of Prepaying a Home Loan? Plus Mortgage Letter Information

As we have already discussed (here) that while you have a loan, it is best to invest it early because the interest on your savings is sure to be less than the interest you pay on your loans.

But how many penalties does the bank charge for early or early repayment of your loan?

He had been charging as much as he wanted

bank

Not so long ago, he had been charging as much as he wanted. Then, for loans started after March 2010, the maximum fee was already fixed, and in December 2010, if I interpret it correctly, it was extended to loans that were started earlier. (There are banks that interpreted this differently, and the HFSA fined it a couple of million forints.)

(Update: I read the banks’ announcements on how much they charge. I found the amounts mentioned in the article everywhere. Then a friend of mine explained that it is not obligatory for banks to redeem their previous loans at this price, but they do more. and include the closing fees on your debit loans in your “no longer sells” ads. The redemption cost is a sure point.)

Prepayment and prepayment fees depend on whether you are borrowing your own money or from another bank’s money, and whether you are bank-financed or mortgage-funded.

If you pay it off with your own money, the bank can charge you up to 1% and up to 1.5% if you have a mortgage.

If you redeem it from another financial institution, the maximum fee is 2 or 2.5%.

Some have a minimum fee, e.g. 1.95% plus 35,000 forints, but up to 2%

bank

If it’s been two years since you borrowed it and you haven’t repaid it, and your prepayment is less than half the amount you borrowed, then you can repay it for the first time for free.

If you have not paid off in the past year and your outstanding debt is less than one million US dollars, you can still pay it off in part or in full for free.

If the reason for the early repayment is that the terms have changed unfavorably for you, you still have the right to prepay your loan, unless you are a mortgage bank because it costs 1.5%.

Well, that was the workaround

If you want to invest at a relatively lower risk, you might also want to look around the mortgage market. to write a market outline of how much you can buy such mortgage letters Since only high quality loan real estate may be behind it (see also subprime crisis), you do not take too much risk. It also has an annuity, which pays capital and interest continuously for 10 years, plus monthly payments for a good pension. So, I’ll write about that soon.)

Returning to our original theme: As you can see, banks cannot limit the number of times you use the prepayment option, as the 1% penalty is usually worth it, cancel as much and as often as you can.

Alluring Personal Payday Loans

We have previously discussed personal payday loans. Indeed, it is quite contradictory when it comes to this. However, it looks very much like these credit agreements are getting more and more popular. Here, too, the banks are trying to please the population and provide various discounts.

Surprising popularity?

bank

In fact, the current high demand for personal payday loans is a bit surprising. Basically the most popular periods are September and December. Typically because of school and Christmas. Somehow, however, more loans were made this year than during the Christmas hit season.

As early as December last year, there was a 21.5% increase in personal payday loan disbursements compared to 2017 results, according to the National Bank of Hungary. In addition, loan amounts have also increased. There are two reasons for this. One is that wages are rising, so we can claim a higher sum . The other is that you no longer need money for everyday life, but to buy a car, a home remodeling and the like . That’s why different banks are luring us with different discounts!

The discounts

First, we recommend that you visit the personal payday loan calculator and see what your options are. You will find interesting differences.

For example, E-Money Bank will attract you with a 0% disbursement fee until April 2. This, of course, significantly reduces the APR.

Goodmoney Bank also has a credit assessment and disbursement fee of 0 forints. And Magnet Bank will not charge you until June 30.

Try to please us with interest discounts

For example, Goodbank gives us a discount of up to 2%. In addition, they also have an online voucher to cut 1% of the cost. E-cash Bank also offers a discount of 6 to 10 percentage points under certain conditions.

And Good Finance offers a price guarantee . The point is that if we apply for a contract with more favorable terms within 5 days of the loan being made, the bank will amend the contract to more favorable terms.

Personal payday loans are easy to misunderstand, so contact us! We’ll show you every little detail and explain it so you don’t get any unpleasant surprises.