purchaseonlineretin-a.com http://purchaseonlineretin-a.com// My WordPress Blog Fri, 15 May 2020 16:33:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.6 The payday loan as a private loan http://purchaseonlineretin-a.com//the-payday-loan-as-a-private-loan/ http://purchaseonlineretin-a.com//the-payday-loan-as-a-private-loan/#respond Fri, 15 May 2020 16:33:54 +0000 http://www.purchaseonlineretin-a.com/the-payday-loan-as-a-private-loan/ There are a number of different types of credit, including the Payday loan as a private loan – a loan where the lender is not a commercial provider. However, since banks today often also offer private loans designed as consumer loans, there is often confusion when talking about Payday loans and private loans. If you are looking for a payday loan as a private loan, you can look around among friends, acquaintances or relatives, for example.

This is, however, very practical and uncomplicated via one of the new internet platforms for arranging private loans as a private loan. You don’t have to advertise money lending in your personal environment.

Payday loan as an alternative

Banks and credit institutions today offer loans for buying a car, buying real estate, renovation work and much more. But not everyone wants to borrow money from banks and would prefer to do so from a private provider who may not charge as much interest on the borrowed money as a bank.

Such a loan, which is not granted by a commercial provider, is often referred to as a Payday loan or Payday loan. However, the designation as a Payday loan can quickly lead to confusion, since many banks today advertise the Payday loan as a product.

Online platforms help private borrowers and lenders find one another

Everyone knows the Payday loan as a private loan. For example, if a friend or relative lends a money, i.e. a loan, it is such a loan from a private person. If the money is from a relative, it is often referred to as a relative loan. The Payday loan as a private loan is also possible from a previously unknown donor. Help is provided by new internet platforms for loan brokering from private to private.

Here private money lenders and money lenders can come together very easily. Those looking for lenders can advertise their concerns and lenders can find out about different potential borrowers here. If a lender and a borrower are found, they can use these online platforms to agree on conditions for Payday loans as private loans.

http://purchaseonlineretin-a.com//the-payday-loan-as-a-private-loan/feed/ 0
How to Borrow Money from a Bank for Approval Directly http://purchaseonlineretin-a.com//how-to-borrow-money-from-a-bank-for-approval-directly/ http://purchaseonlineretin-a.com//how-to-borrow-money-from-a-bank-for-approval-directly/#respond Wed, 01 Apr 2020 04:48:53 +0000 http://www.purchaseonlineretin-a.com/how-to-borrow-money-from-a-bank-for-approval-directly/

There are many factors that affect your bank’s credit rating. If you want your application approved, you must meet these principles:

The first way to lend money to your bank for approval is to meet the character principle. Characters are like personalities. The essence of this principle is to evaluate your characteristics.

Can you be trusted if your loan application is approved?

Can you be trusted if your loan application is approved?

Banks usually conduct checks through Good Finance Checking as well as interviews or verification.

For those of you who don’t know, Good Finance Checking is your personal loan history information, either in leasing or banks across Indonesia.

Don’t be surprised if your loan application is rejected because of this time, many companies are working with financial institutions such as Good Credit. So make sure you have a good loan history, dude!

The second principle is the capacity


This principle is your benchmark in paying credit and assessing your good Financelity to run a financially viable career, whether as an employee or a personal venture.

Let’s take an example if you are an entrepreneur or an entrepreneur. When you claim to own a business whose finances are run by family members such as in-laws or siblings, of course, this will be a question mark for the bank if you are the owner of the business.

In addition, the bank will also question your capacity for managing the business which will ultimately depend on your financial management capacity. So make sure that you meet this capacity to get your loan approved quickly.

This capacity is closely linked to those who feel they have good credit or have never applied for credit but are still being rejected by the bank. Before you argue with the bank, it is best to understand this principle first.

Capital refers to the condition of assets and wealth owned by a person, especially a business owner. Simply put, banks can easily verify the progress of your business by looking at how much profit you make each month and compared to the total assets you have.

For example, if you lent a bank loan of USD 200 million, but you have a total business capital of $ 50 million and assets of $ 100 million and a loan of another bank of $ 50 million, then the loan amount of Rp 200 million you can make sure will be rejected.

The way to lend money to your bank for immediate approval

The way to lend money to your bank for immediate approval

Is to comply with the fourth principle of collateral or collateral. Did the assets you transferred to the bank cover the filing? Does your collateral have legible documents and according to the bank procedure in which you lend?

Customers who fail to make a submission usually do not consider collateral value. So make sure you comply with the principle of collateral so that your loan is approved by the bank yes Dude!

The last principle is Collateral. This principle is a condition that is influenced by factors outside the bank or the customer. The economic condition of a country or region is also one of the considerations when a bank will liquidate a loan. Whether it’s an employee or an entrepreneur. For example, banks have not been able to provide loans for political conditions in areas where government policy is less stable.

http://purchaseonlineretin-a.com//how-to-borrow-money-from-a-bank-for-approval-directly/feed/ 0
Make Online Direct Money Loans Liquid for Your Business Capital Injections http://purchaseonlineretin-a.com//make-online-direct-money-loans-liquid-for-your-business-capital-injections/ http://purchaseonlineretin-a.com//make-online-direct-money-loans-liquid-for-your-business-capital-injections/#respond Thu, 26 Mar 2020 04:07:21 +0000 http://www.purchaseonlineretin-a.com/make-online-direct-money-loans-liquid-for-your-business-capital-injections/

Lack of capital when running a business is always a daunting obstacle. Although we want the business to go well, what about the capital budget? Fortunately, you can take advantage of liquid cash loans online for additional business capital. Discover the advantages and disadvantages, ways of applying, and the choice of providers!

Being an entrepreneur can really make us earn more than our regular employees. However, this does not mean that entrepreneurs can earn more without such hard work.

You need to be aware

You need to be aware

That there are many obstacles and barriers to running a business, from the tighter competition, illiquid merchandise, to less capital to production. Capital is one of the biggest things that can make a business head turn. This is why almost all entrepreneurs must lend money to get business capital.

As the world becomes more sophisticated, entrepreneurs are more likely to lend themselves to liquid loans online. Exactly, what is a direct cash online loan? Liquid direct online money loans are a type of loan that is given in cash and applied online. This type of loan is so popular that it is not surprising that many lenders prefer liquid money online loans over other types of loans.

Advantages and Disadvantages of Liquid Online Cash Loans

Advantages and Disadvantages of Liquid Online Cash Loans

Just like any other type of loan, liquid money online loans also have their advantages and disadvantages, namely:

  • Easy process

The main advantage of liquid direct online money lending is that it is much easier than offline lending which requires you to come to the nearest bank branch first to apply for a loan. Just by using gadgets and internet networks, applying for a direct online loan can be done right away. That way, you can save more time and energy as the submission process can be done anywhere and anytime.

  • Liquid Funds in Days

Loan funds can be liquid in a period of only 1-3 business days. If you’ve already applied for a loan, the process can even take just a matter of hours. So when you are in a state of desperation and need a sudden amount of money, a direct cash loan can be an advantage. This is because there is no guarantee given that there is no need for the asset valuation process first. Plus, all data is digitally provided so it can be processed immediately.

  • Conditions Not Slick

The paperwork requirements of these liquid direct online lending requirements are also sluggish as they basically want to provide loans that can be easily made by anyone. Most of the terms provided by a direct online lender provider include ownership of a National ID (Resident Card), a Personal Identification Number, a tax slip or income statement, and savings account. With requirements that are flexible and easy to fill, anyone can apply online.

  • Limited Floor

With the immediate liquidity of your online money lending can be diluted within 1-3 business days, the lending floor of the loan is not too large. Unlike unsecured loans that offer up to $ 50 million in loan applications, liquid cash online loans can only offer you up to $ 20 million in the loan. But actually this, not a very large loan plaque can be an advantage because for unsecured credit, the minimum loan requirement is $ 5 million so those who need funds under $ 5 million will not be able to apply for a loan. In contrast to the liquidity of online direct money lending which holds at least USD1 million.

  • Short Term Loan Duration

The not-so-large loan ceiling also affects the tenor of the liquidity of the online moneylender. Typically tenor offers range from 10 days to 180 days. The longer the tenor period you take, the greater the installment interest must be paid. So it is best to take a liquid loan online immediately, you also take into account the tenor of the deduction and adjust it with the ability to pay the installment.

How To Apply for A Cash Flow Online Loan


Interested in lending online money directly? You can follow some of the steps below:

  • Specify the Loan Nominee and the Loan Period

First, determine the nominal loan that will be used for business capital. Don’t let your borrowed funds fall short so you’ll have to look for extra loans or more borrowed funds so that the debt burden becomes more. In addition to loan nominations, you must also specify the term of the loan. It is best to take a long loan period so that the installments are lighter and can be repaid.

  • Select Trusted Provider

The second way is to choose a trusted lender. Don’t just look for one provider. You should look for at least two to three lenders in order to compare which offers are best. That way, you won’t feel bad and regret it later.

  • Meet the Required Document Terms

Next is to meet the necessary documents. Since the conditions are not so great, you can immediately set them up. Although the terms provided by the provider may vary. But on average they provide ID (Resident Identity Card), NPWP (Taxpayer Identification Number), original payslip, and personal bank account.

  • Read the applicable Terms

The last is to read carefully any provisions that apply to liquid direct lending. There are a few conditions to keep in minds such as payment date, payment method, the penalty fee, fine, administration fee, and more. By reading the conditions clearly, you will not be confused during the loan process.

http://purchaseonlineretin-a.com//make-online-direct-money-loans-liquid-for-your-business-capital-injections/feed/ 0
Loans from Private Individuals http://purchaseonlineretin-a.com//loans-from-private-individuals/ http://purchaseonlineretin-a.com//loans-from-private-individuals/#respond Mon, 16 Mar 2020 04:50:38 +0000 http://www.purchaseonlineretin-a.com/loans-from-private-individuals/

It’s no secret that fast loans are much more expensive than other loans. You can also borrow a home for a few percents of annual interest. And fast credits can cost even more for one month! It’s no wonder that people are looking for some cheaper alternatives in these circumstances.

The traditional alternative – a consumer loan from a bank – is hardly the solution. They may be cheaper, but the conditions for their issuance are much stricter and the issue time is quite long. Such conditions do not necessarily apply to everyone. Therefore, people try to look for something similar to instant credit but at the same time much cheaper.

Suggestions are not just elephant dreams – they really exist

Suggestions are not just elephant dreams - they really exist

Therefore, such human searches are certainly not fruitless. These are loans from individuals. These types of loans are comparatively cheaper than average fast credit and may even be more flexible. Where’s the dog hanging? Well, truth be told, there is none.

You will repay as much as you have borrowed and there are no additional terms in such an offer. This may seem unusual, but the reality is exactly that. Why are private loans much cheaper than creditors? We will try to answer that question now.

Why loans from individuals are so cheap

Why loans from individuals are so cheap

It has already been mentioned that the annual interest rate on quick credits can even reach the statutory ceiling. Which means a few tens of interest a year. A loan of USD 100 per year may require repayment of USD 150 or more. Such an enormous annual interest is common practice. Offering quick loans online justifies the fact that no one borrows such interest for a longer period of time, so this is normal. No one is traveling from one city to another in parallel with a taxi, so complaining about high taxi fares would be illogical. Therefore, long-term loans are incomparably cheaper than short-term, fast loans. Maybe there is truth in that. While this position could be criticized, this article is not about it.

Whatever the practice of this business and how they justify it, there are certainly alternatives for them. One of them is loans from private persons. That such loans are cheaper should not be surprising. In addition to earning a profit, creditors must keep their capital, pay their salaries, and so on. Therefore, their desired profit (which is already high among businesses) is huge. Compare that to a regular, small investor who just wants to put some of his savings somewhere where he can safely make a dollar or two. Such a person will definitely not want to pluck your last penny under any circumstances.

And when we have a lot of these people in one place and let them compete in lending money, the result becomes fabulous. The interest rate then falls to such an extent that even consumer loan interest rates become comparable. And that’s wonderful. Due to high competition and lower expectations, not only will those seeking a quick loan online get it quickly enough (though not within 15 minutes), but with significantly lower interest rates.

Where to borrow from people?

Where to borrow from people?

Where should I go to borrow money from private individuals? Such credits are provided on a peer-to-peer lending platform such as Savy. It is a platform for small investors who compete with one another when applying for credit, offering the lowest possible interest. The lower the risk of default on your loan, the better terms you will be offered. It is these individuals who guide how much and how cheap they lend.

However, as always, check several times that you are offered the best terms. Even with the best terms, you can earn more by borrowing where your free loans are. This way you won’t even have to pay interest. And here no matter how cheap the credits from individuals will be.

One way or another, getting a loan from people can be really helpful even when offering a loan for free. You see, sometimes it is more profitable to borrow with interest than without them. The reason for this is very simple: some records just add a great deal to your credit history. There, a record of people getting a loan that is properly received and repaid can be much more useful than a record of another free loan. Therefore, if you want to get a loan with a bad credit history and both options are available to you, definitely borrow directly from the people. This will simply secure a good record in your history and help correct it.

http://purchaseonlineretin-a.com//loans-from-private-individuals/feed/ 0
How the credit of the withdrawing consortium member is updated http://purchaseonlineretin-a.com//how-the-credit-of-the-withdrawing-consortium-member-is-updated/ http://purchaseonlineretin-a.com//how-the-credit-of-the-withdrawing-consortium-member-is-updated/#respond Sun, 01 Mar 2020 05:31:22 +0000 http://www.purchaseonlineretin-a.com/how-the-credit-of-the-withdrawing-consortium-member-is-updated/ Leaving the consortium group means giving up your dream. It is missing the opportunity to achieve something so desired, be it a house, a car, a trip or any other good or service. But, if this is the only possible way, understand what happens to the credit of the withdrawing consortium member.

There are two ways to leave the consortium group. One is failing to pay the installments within the term specified in the contract. The other is to request the immediate exclusion directly from the administrator. In both cases, the consortium member will be considered excluded and will continue to participate in the monthly drawings to be refunded the amount to which he is entitled. However, in the first situation, the consortium member will only begin to participate in the drawings after the contractual term of defaulted installments has expired, while in the second situation, participation in the drawings is immediate.


To what value is the withdrawing consortium member entitled?

money loan

The withdrawing consortium member is entitled to receive the amount paid for the common fund, from which a fine for breach of contract will possibly be discounted. Amounts paid for the administration fee, reserve fund and / or insurance (if contracted) are not returned to the excluded.

As already explained, in Consortium Systems, the portion is calculated as a percentage of the updated price of the asset. Thus, the amount to be refunded referring to the common fund is a percentage of the value of the asset in force on the date of contemplation by lot, or on the date of the last Ordinary General Meeting, if it has not been contemplated within the term of the contract.


Interest and adjustments

Interest and adjustments

A huge disadvantage of financing is the very high interest rate that comes with the Selic rate and is often heavier over longer terms.

Real estate financing by SFH is the one that charges the lowest rates, but can still make a big difference in the home budget. In the case of late payments, fines and even more interest are charged, which can lead to the unpleasant snowball effect.

The consortiums, in turn, do not charge interest on the monthly fees. But then you might ask yourself: So why is the value of a particular monthly fee higher than the previous one? In practice, during the consortium period, the asset may vary in price, requiring adjustments in the installments so that the amount of contemplation does not lag behind. If not, how could the consortium members buy the good?

In the specific case of real estate, this adjustment is made annually, according to the National Construction Cost Index (INCC). Meanwhile, the readjustment related to movable goods, such as cars, motorcycles and trucks, is made according to the manufacturer’s table.

http://purchaseonlineretin-a.com//how-the-credit-of-the-withdrawing-consortium-member-is-updated/feed/ 0
Credits sold by consortium grow almost 25% http://purchaseonlineretin-a.com//credits-sold-by-consortium-grow-almost-25/ http://purchaseonlineretin-a.com//credits-sold-by-consortium-grow-almost-25/#respond Fri, 14 Feb 2020 05:25:22 +0000 http://www.purchaseonlineretin-a.com/credits-sold-by-consortium-grow-almost-25/

From January to May this year, the volume of credits sold by consortium grew by almost 25% compared to the same period in 2016. The business exceeded $ 36 billion. Adhesions to the consortium also grew: in the period, 912.5 thousand shares were sold, 7.8% more than last year. The System has been increasing in several indicators in 2017.

May registered the second best sale of the year, behind only April, which was an annual record, with 195 thousand adhesions. In May, 185 thousand shares were sold, compared to 165.7 thousand in 2016.

“The economic scenario has signaled positive perspectives. There is always the confidence that the consumer, when feeling the changes, can choose to plan their goals via consortium. In fact, a recent survey by Quorum Brasil, carried out at the request of CredNow Finance, showed that in 2017 82% of participants planned to join the mechanism. This represents an increase of 15 percentage points over the previous year ”, explains CredNow Finance executive president, John Kossi.


Credit trade

Credit trade

The Consortium System registered an average ticket of $ 40.7 thousand in May, a value 10.6% higher than the $ 36.8 thousand recorded in the fifth month of 2016.

Credits traded in May showed an increase of 16.4%, from $ 6.47 billion to $ 7.53 billion. In the accumulated result for the year ( $ 36.3 billion), the increase was 24.7%.

From January to May, five of the six segments of the consortium showed an increase in sales. The exception is the motorcycle consortium. Despite the 3% increase in commercialized credits and 9.6% in the average ticket, it has been registering constant decreases.


Active participants, contemplations and credits granted

credit loans

Even with the positive balances in the various indicators, the total number of consortium members in the consortium fell, as in previous months. The total in May was 6.93 million (2017), 1.9% less than the 7.06 million (2016) recorded in May 2016.

Contemplations in the first five months of the year totaled 503 thousand, 12% less than the 571.8 thousand in the same period last year. Also in the corresponding loans granted, there was a 6.5% retraction, decreasing from $ 17.11 billion to $ 16 billion.

http://purchaseonlineretin-a.com//credits-sold-by-consortium-grow-almost-25/feed/ 0
You Can Only Apply for a Personal Online Loan If You Have Done These Things! http://purchaseonlineretin-a.com//you-can-only-apply-for-a-personal-online-loan-if-you-have-done-these-things/ http://purchaseonlineretin-a.com//you-can-only-apply-for-a-personal-online-loan-if-you-have-done-these-things/#respond Fri, 07 Feb 2020 05:50:32 +0000 http://www.purchaseonlineretin-a.com/you-can-only-apply-for-a-personal-online-loan-if-you-have-done-these-things/

Personal online lending is often the solution when it comes to needing funds. But before applying, there are a few things to do first. Check out the full explanation here!

You must have heard many personal online loans are being talked about these days. This is because a personal online loan can be a solution or a helper when we are in a state of urgent need of funds. For example, when paying for hospitalization costs, childcare costs, home renovation costs, and repairing damaged vehicles.

Although they are in good economic condition, in fact, the average Indonesian people tend not to have the savings, savings, or insurance that can help when they are at risk of unwanted things. If this is the case, then a personal online loan will be the solution.

Introducing Personal Online Loans

Introducing Personal Online Loans

Before talking about personal online loans, you should first consider what private online loans are. Personal online lending is one of the kinds of loans that give people money online so you can do it anytime and anywhere without having to go straight to the lender’s office. For a private online lender, it can be a bank or fintech company.

Both have different conditions, ranging from the loan amount, loan term, interest rate, as well as the terms and documents requested. In general, the average bank loan amount online is larger than a fintech company because it can reach hundreds of millions to billions.

But of course, getting a personal online loan from a bank takes longer than a fintech company that can liquidate your loan within 1-7 business days. In addition, the requirements provided by the fintech company are not as numerous and as strict as the requirements provided by the bank. This is why Indonesian people are now more interested in applying for personal online loans through fintech sites.

Things to Do Before Applying for a Personal Online Loan

Things to Do Before Applying for a Personal Online Loan

Although it offers a lot of conveniences, it doesn’t mean that you can apply it without proper preparation. Rarely do people who have their applications rejected or feel sorry for applying for a personal online loan in one place because it feels like a better place. Therefore, you can only apply for a personal online loan if you have done six of the following:

Find a Safe and Trusted Loan Provider

The first thing to do is to find the right and reliable lender. There are many private online lending providers currently on the market, but not all are safe. You must have heard many cases of online fraud in the name of online personal loans. Then how do I choose it?

First, make sure that your lender is registered with the OJK (Financial Services Authority). Private online lenders who are already registered with OJK can be safe as they are monitored and operating in accordance with the rules set by the government. One example of an OJK registered personal online lender is Good Finance.

Select the Gifted Friend

If you are looking for a secure and trusted online personal loan provider. Now is the time to look for a personal online lender that can offer low-interest rates as well. That’s why you need to compare more than one private online lender. That way, you can get the best flower offer. Remember, there are some providers that distinguish interest based on nominal loans. The larger the nominal loan, the less interest a loan is given. So you have to pay attention to it.

Choose the Right Tenor Time


Next is to choose the right tenor or term of the loan. Why should a tenor watch? It is not just the interest that can affect the monthly installment of the nominee, but also the tenor term selected. If you do not choose the right tenant, you may have difficulty making the installment payment because you cannot pay the amount.

The longer the tenor period, the less the amount of installments per month payable. But the total debt will surely increase. On the contrary, if you choose a short term tenure where the loan is larger but the total amount of the debt is less because the interest payable is also less.

http://purchaseonlineretin-a.com//you-can-only-apply-for-a-personal-online-loan-if-you-have-done-these-things/feed/ 0
Financial advisor: 6 tips for your loan discussion with the bank. http://purchaseonlineretin-a.com//financial-advisor-6-tips-for-your-loan-discussion-with-the-bank/ http://purchaseonlineretin-a.com//financial-advisor-6-tips-for-your-loan-discussion-with-the-bank/#respond Sat, 25 Jan 2020 05:52:37 +0000 http://www.purchaseonlineretin-a.com/financial-advisor-6-tips-for-your-loan-discussion-with-the-bank/


Every home buyer should determine exactly what type of financing he is before the first interview. What does his risk profile look like, which risks is he willing to take? Is it particularly important for him to have a cheap loan rate, or is long-term financing with constant installments particularly important to him? With this information, the advisor can develop individual financing strategies.

These documents are important

At the first appointment, all information about the construction project or the property should be available. This includes the floor plans and cost estimates as well as the total cost statement for the project. The advisor must be able to get a comprehensive picture of the financial situation of the borrower. It is therefore helpful to bring along a list of income and expenses as well as your existing assets. Good advisers ask the future homeowner to bring the necessary documents with them when making an appointment.

1. Funding request

1. Funding request

As part of the financing request, the financial advisor records all key data on the project and the client’s financial and income situation. The consultant can then submit various product or solution suggestions.

2. Information and risk education

In the second phase, the financial advisor explains possible forms of credit and financing. Important: He provides detailed information about the opportunities and risks of the various ways of financing Tom and Daisy Buchanan, always with reference to the personal life situation and planning.

3. Advice on financing and hedging

3. Advice on financing and hedging

The heart of the advisory process: In the third phase, the financial advisor and the client go through the amount of the financing costs and remaining debts in relation to the chosen form of financing and term. Customers should make sure that the adviser also goes into detail about the time after the fixed interest rate has expired.

This is particularly important when there is a low repayment and a possible rate hike. The advisor should also explain the termination options and the associated costs, for example in the form of a prepayment penalty. Also important: possible difficulties in terminating the ten-year fixed interest period, the risk of the property falling in value and further financing after the fixed interest rate has expired.

4. Self-disclosure

The customer’s written self-disclosure covers in detail all income and expenses, the financial situation and the individual security situation. The data serve as the basis for the loan or financing contract.

5. Preparation of the consultation protocol

5. Preparation of the consultation protocol

In contrast to investment advice, financial advisors do not have to prepare an advisory protocol for tom and daisy book financing. Still, customers should ask for it. In this protocol, which is signed by the consultant and the customer, all consultation steps are documented and the jointly selected solution is described.

6. Completion and quality assurance

Once all of the customer’s documents have been submitted, the contract is concluded. The Tom and Daisy book purchase or construction project can begin. Even after graduation, the advisor should be available to the Tom and Daisy book purchaser for questions. In most cases, it is important to hedge other risks, for example with a building owner’s liability, a salary protection or other liability products.

http://purchaseonlineretin-a.com//financial-advisor-6-tips-for-your-loan-discussion-with-the-bank/feed/ 0