My WordPress Blog Sat, 15 Jun 2019 17:21:12 +0000 en-US hourly 1 Here comes the micro loan for small business Sat, 15 Jun 2019 17:21:12 +0000 Read More


We know that the costs of everyday life are many. It is therefore not a novelty that sometimes a small financial aid is just what is needed. Yet accessing the services offered by banks and financial companies is not so simple. The result: the impossibility of obtaining liquidity for one’s projects, or even just to arrive at the end of the month. In such situations, the ideal solution is the mirco loan for small businesses . The name could not be more explicit. In fact, we are talking about small quantities that can be really convenient in times of urgent need. To find out more, stay with us until the end of this practical guide.

Why the micro loan for small business?


The micro loan is a relatively recent product. Born in the province of Naples in 2015 , he began to spread to the rest of the peninsula to the aid of the many families affected by the economic crisis. The initial project started precisely in the city of Nola and involved 50 families. The budget amounted to 10,000 euros, a sort of launch capital that was then increased over time to meet the needs of a growing part of the population.

As anticipated, the strength of the mirco loan is to include in this line of credit those who cannot access traditional financial solutions. The banks, in fact, ask for specific requirements before granting a loan. They are the so-called income guarantees, which in a period like the current one are certainly not the easiest thing to prove. If the pay slip or tax return does not completely convince the bank, the response will be a sharp “no”.

Thus the mirco loan is configured as a “buffer solution” in front of the denials of credit institutions. One of its aims, in effect, is to stem the risk that Italians in economic hardship fall into the trap of usurers.

The economic characteristics of the mirco loan

mirco loan

Because a loan is precisely “mirco” must not exceed 2500 euros . The advantageous condition lies in the APR, which is the Annual Global Effective Rate. With this acronym we are referring to the actual cost of the loan that weighs on the customer who requests it. The peculiarity is that this APR amounts to at least one percentage point less than the legal one.

The duration of the loan is variable, with a maximum limit of 30 months , or two and a half years. The capital will be repaid in convenient installments, the amount of which will not exceed € 100 per month . Therefore, the precise intent to alleviate the most disadvantaged economic situations is evident, offering practical solutions with interest rates that credit institutions would not grant, precisely because they are not convenient.

Following in the footsteps of the mirco loan for small business.


The example given by the mirco loan for small business was certainly positive. Indeed, this pilot project has given rise to various economic initiatives. This is a fund that grants microloans (greater than mirco loans), whose amount is between € 5,000 and € 25,000. The offer is really advantageous, as they are loans to be repaid at a zero rate. As for the amortization plan, it has a maximum duration of 5 years.

What to say? There are no doubts about the usefulness and practicality of the initiative. The clutches of the loan sharks are among the worst. With the mirco loan it is possible to stay away from it and obtain a valid financial support to be returned at advantageous conditions. 

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For all of you immediate budget need unsecured loan while in the UK Mon, 20 May 2019 19:58:29 +0000 Read More


The loan amount you will be able to use through these loans depends on the purchase price of the car. The interest on the loan that is secure is significantly lower than that of loans.

The term loan is determined by the type of loan

The term loan is determined by the type of loan

For the secured loan, the loan term is longer than it can be over 6 years. You must repay the loan in short term for the loans. The short term varies from 5-6 years. The interest rate is great for unsecured and short term loan. The cause of this is that the bank gets time to earn money on the consumer. You can get a decrease in long-term interest rates and guaranteed lending.

Everyone has their particular needs that must be met and also they must get the money to perform with them. There are moments, you can’t collect a good amount. Thus, people who prefer to go for cheap loans due to their usefulness. They are saved by these loans which are inexpensive from any economic crisis.

The key could be to look around to find the economic interest possible. It will be more complicated to locate a cheap mortgage, but – don’t simply take the primary one from the launch in case your credit can be a problem right now.
Provide viable examples of ways you will be able to try starting to reduce debt.

Debt consolidation plans

Debt consolidation plans

Different occasions you could discuss with you contain debt consolidation plans and different types of debt consolidation loans. Lenders usually target homeowners with financial difficulties to build them believe it is a remedy for debtrelief and providing high interest rates for them. In most cases, ie where foreclosures can be found in, or houses sell come into position. The answer is simply an option to acquire you in deeper debt.

Effective preparation

Effective preparation

Obviously, if you prefer to attack this race you should do your preparation effectively. Many people have abandoned their home loans a number of years ago due to weak planning, rather than fully understanding the terms of their home loans.
There are always many more reasons to use the loans.

In Britain, it is possible to find lending strategies that can accommodate and meet professional requirements and the entire private sector. But before looking for a low-cost loan, the three aspects must be considered. The main one is that how much you would like to buy; Subsequently, the repayment period for this loan; as well as PPI (Protection Insurance Transaction). Before buying a cheap loan these three components must be considered.

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How to return insurance on a loan in 2018 Thu, 25 Apr 2019 07:02:03 +0000 Read More


Even when submitting a request, potential borrowers are faced with the fact that an employee of the bank strongly recommends purchasing insurance when receiving borrowed funds. The borrower is warned of a high probability of rejection. You should not immediately accuse bank employees of exceeding their authority, as some loan products require mandatory registration of the policy. Return insurance for a loan in Good Bank is a standard practice used legally, subject to certain circumstances. It is necessary to understand the process, how and when the company returns the amount paid earlier.

Faced with persistent recommendations for insurance services, the client, who intends to increase the chances of approving funding, prefers to accept additional costs. Moreover, the current legislation provides for the right to refuse purchased services with the return of the transferred amount. In order to know in which cases it is possible to return insurance and with what amount the client will receive a refund, proceed from the provisions of federal legislation, paragraphs of the Civil Code, and the provisions of the agreement concluded with the financial organization.

Is it necessary to purchase insurance in Good Bank?


Despite the negative attitude towards additional costs when applying for a loan, in some cases the insurance payment is of great benefit, since it saves the client from serious financial problems and unpleasant proceedings with the bank, when the life situation does not allow you to repay the loan in a timely manner in accordance with the schedule and in full.

For Good Bank, credit insurance entails many advantages, allowing you to ensure repayment even in unforeseen situations:

  1. Financial protection in case of non-repayment of debt by the borrower due to deterioration of health, loss of a source of income.
  2. In the event of the death of the borrower, relatives will not have to repay other people’s debts in the presence of death insurance.
  3. Additional insurance coverage of a pledged object or property acquired on credit. 

Good Bank has several insurance programs based on loans:

  • the onset of disability of groups 1-2;
  • customer life;
  • mortgaged property;
  • disability due to illness;
  • loss of source of income.

One should learn to distinguish between cases when a policy is an essential requirement when applying for a loan, and when legislation exempts this need.

At the federal level, the obligation to execute a mortgage insurance contract is fixed. Since the bank needs collateral, the acquired property must be insured. Registration of personal insurance is considered an additional advantage, but not the obligation of the borrower.

If Good Bank draws up a consumer loan, it cannot demand insurance policy from the borrower, reserving the right to refuse to finance a citizen or increase the rate, protecting itself from the risk of non-repayment.

It is important to remember that even in the case of a mortgage, the service of the insurers becomes optional as soon as the repayment period of the credit line has ended. Thus, insurance on the loan has a limited duration – with the full closure of the debt, the need for a policy is no longer necessary.

If the lender refused to the borrower who rejected the insistent offer to insure, the citizens have the right to file a lawsuit in court. However, the probability of obtaining a positive verdict is questionable, since it is rather difficult to prove the fact that the reason for the refusal was the reluctance to insure. The lender has the right to make a decision on cooperation with a particular client at its discretion, without informing about the reasons for making this or that decision.

On the other hand, the borrower has the right to withdraw from the policy immediately after the bank has announced its consent to the issuance of the loan.

Features of insurance in Good Bank



After the borrower informed about the agreement to insure by taking a loan, citizens have two options:

  1. Leave insurance, guaranteeing coverage for the risks specified in the contract.
  2. Declare a waiver, if the loan does not provide for the obligation of insurance coverage, with the subsequent return of funds in whole or in part.

In some cases, when there is a high probability of deterioration of the client’s position, it makes sense to keep the policy unchanged, as the company pays compensation when an insured event occurs. However, if the reason for registration is caused solely by the perseverance of bank employees, the contract can be waived, using the right enshrined in federal law.

Before signing, you should familiarize yourself with the conditions under which the client can use the insurance taken or return the money paid for it. 

Despite the fact that Good Bank works with more than 30 insurers, the lender is primarily interested in promoting the services of its subsidiary organization Good Bank Insurance. As a rule, tariffs for services will approximately coincide, differing only in types of insurance and probability of risks. For example, if a customer is engaged in life-threatening activities, life insurance will be at a higher rate.

In most cases, the cost of services will amount to 0.3–4.0% of the value of borrowed debt for 1 year of the contract. If insurance is issued for loans for 5 years, the need for renewal persists throughout the entire period.

How much can I refund


The law does not establish what the refund of compensation will be, since each insurance contract is considered individually, and the price is calculated based on a variety of indicators. Nevertheless, a certain rule is in effect, according to which the share of the value returned to the client is calculated based on how quickly the client declares the refusal and how long he used the services of the company.

Assume the amount of insurance return on the loan in Good Bank can be based on the average cost of the client:

  • life insurance – 0.3–4.0% of the cost of the loan;
  • in case of an accident – up to 1.0%;
  • mortgage security – 0.7%;
  • from a disease in the field of oncology – 0.1–1.7%.

The following rates apply to Good Bank Insurance based on the risks included in the contract:

  • comprehensive security in case of loss of income, illness, at the death of the borrower – 2.99%;
  • personal insurance – 1.99%;
  • determination of specific risks at the discretion of the client – 2.5%.

The larger the loan amount, the higher the cost of the policy. A simple calculation allows you to determine that with a credit line of 2 million rubles, if you choose your own risks, the borrower will have to spend 50 thousand rubles annually. In view of the significant expenses, the question of how to return insurance on a Good Bank loan is topical, when insurance is no longer necessary and the client intends to return the money spent.

Depending on the term at which they apply for termination, the amount of funds received back will differ:


  1. During the five-day period after the execution of the contract, it is possible to receive the entire amount paid as part of the return of the “failed product or service”.
  2. During the two-week period after signing the contract, the full amount is returned.
  3. If the period exceeds 14 days, the money will be returned only if the client managed to pay them without having a valid contract, i.e., the chances of returning after 14 days are minimal.
  4. When closing the credit line, including early payment, return, taking into account the calculation of the insurance period remaining unused.

Return policy

Return policy


Thanks to the instructions issued by the Central Bank, the procedure for returning insurance from a loan at Good Bank has become easier. From June 01, 2016, a “cooling period” was introduced in insurance, which allows you to refuse insurance with a full refund if you report your intentions within 5 days after registration. Refund occurs no later than 10 days after the submission of the application to the insurer. The only condition under which a refusal with a full refund of the cost is actually possible is the individual execution of the policy.

Thus, when agreeing on the conditions for issuing a loan, it now does not make sense to refuse insurance services, if the acceptance of an approving decision by the bank depends on them. It is enough to apply to the department within the period established by the Central Bank and return the funds paid earlier in full. For the client, accepting insurance significantly increases the chances of lending, and provides the most favorable interest rate. After issuing a loan, the client will be able to quickly issue a waiver of additional services provided individually.

In case of targeted financing for the purchase of real estate, the borrower is legally obliged to issue insurance for the collateral, therefore, it will not be possible to refuse such insurance without serious consequences from the bank.

If, for whatever reason, the borrower did not have time to exercise his right to withdraw insurance, it is possible to obtain a return within the next two weeks.

The right to a refund within 14 days after the purchase of the policy applies to all Good Bank customers, as indicated in the current edition of the agreement. Previously, this period was a 30-day period, but assumed a 13 percent deduction from the amount paid as compensation for the services of a financial institution.

According to the provisions of clause 4.1.2. loan agreement, in case of an unsigned contract, the funds transferred under the insurance connection are subject to full refund in a later period. It is difficult to imagine a situation where funds are transferred to bypass the signing of the agreement, so it is almost impossible to achieve a full refund after the expiry of the 2-week period.

The actions to return the amount paid will depend on the circumstances in which the customer refused the services of the company: 

  • if the refusal occurred at the very beginning of the term, it is possible to return the entire cost in full, provided that the contract was signed on a voluntary basis and is not associated with obtaining a mortgage;
  • when contacting the company in connection with the closure of the credit line, the restriction on loans is lifted, and the amount to be issued to the client will be paid for the unused period of validity.

At the beginning of the loan period, it is quite simple to issue a refund – just an application, duly executed and sent to the department. Upon termination of crediting it is necessary to submit additional papers, giving grounds to demand partial compensation.

The main document required from the borrower in such situations is the application. It is compiled in accordance with accepted requirements and transferred to the department, accompanied with a certain list of related documentation.

It is possible that the insurer will refuse to transfer funds back to the client. In such a case, an additional application form should be secured, on which there will be a note on acceptance of the paper for consideration, with a further request for a written official response. If there is no response within a 10-day period, the borrower has the right to send a pre-trial claim to the bank. The success of the event depends entirely on the legal right to return and the correct alignment of the strategy of behavior.

Return Insurance Documents

Return Insurance Documents


You can realize the return of insurance after repayment of the loan in Good Bank on the basis of the application and submitted applications. The list of necessary documentation includes personal papers of the insured, as well as documents confirming the existence of grounds for presenting a claim for a refund.

To make an application for the return of insurance on the loan, you will need data from the main documents of the insured, copies of which are further attached to the official request. 

The standard list of applications in 2018 includes:

  1. Borrower’s civil passport.
  2. Bank loan agreement (copy).
  3. Confirmation from the bank about the closing of the debt (with early termination) or about the unpaid amount (at the very beginning of the loan period).

Since it is important for the borrower to have confirmation of the timely acceptance of the application for consideration, it is recommended that the appeal be personally submitted to the employee. The second copy is marked on the transfer of the document to the bank. Starting from the day of notification of the refusal of services, the insurer is obliged to respond within 10 days and inform about the decision taken.

Sample application



When preparing the document, it is recommended to use a sample application, which takes into account all the requirements for the details:

  1. On the right in the upper part indicate to whom the appeal is addressed (the name of the policyholder and the address of the company’s location).
  2. The following information is entered on the applicant – his full names and. I. O. and address.
  3. Below in the central part indicate the type of treatment – “statement”.
  4. Basically, the text part in any form describes the situation and the essence of the appeal itself. Pay attention to the introduction of comprehensive information on the details of the loan agreement, its validity period, the amount of debt, the payments made. Enter information about the insurance contract, the cost of services.
  5. Further, they formulate the purpose of the application – the return of funds, with reference to the norms of the law, the provisions of the current regulations that establish the right to receive compensation.
  6. For the organization of the transfer of funds contribute information on how you can issue a refund, and bank details.

You should also indicate how best the insurer to communicate with the client, specifying the mailing address and other contact information.

It is important to remember that the application will not be valid if the document is not signed by the client with the decryption and the date of preparation.

Return on early repayment


If the reason for the withdrawal of insurance becomes early repayment of the loan in Good Bank, the order of registration differs little from the client’s standard appeal for reimbursement, however there are some nuances:

  1. As from the moment of the conclusion of the agreement on connection to the insurance service until the full settlement with the lender, a certain period passes, this period is considered to be used, that is, non-refundable. Thus, if the borrower closes the credit line ahead of schedule, it will be impossible to get the money back in the amount of the full cost of the policy.
  2. The situation in case of early termination due to the termination of crediting requires an advance payment to the bank account of an amount sufficient to cover the debt obligations. This fact obliges to provide documents showing the absence of any financial claims from the lender after the repayment of the loan in Good Bank.

The urgency of the request depends on how long the unused period of insurance. If before the end of the annual policy there are very few, you should think about the economic feasibility of negotiating with the insurer the possibility of returning your money for insurance. 

When receiving a refund, it is recommended to follow the following procedure:

  1. Thoroughly study the points of the loan agreement. In most cases, for the application of Article 958 of the Civil Code, which allows you to receive the amount for unused insurance, there are no problems. However, in some cases, the agreement contains clauses that circumvent the provisions of civil law.
  2. From the contract reveal the exact name of the company providing insurance services and its contact information.
  3. In a free form, make a statement taking into account the basic requirements for the document. It is recommended to use a sample, so as not to forget to indicate all significant points on this issue.
  4. Prepare photocopies of contracts and bank statements.
  5. The application, along with photocopies, is sent to the insurer’s office. The best option would be a personal visit to the office and the transfer of treatment from hand to hand. If this is not possible (for example, the policyholder lives far from the location of the representative office), the law permits remote filing via mailing by registered mail with an inventory and notification.
  6. A notice of delivery or a note on the second copy of the application will be a confirmation of the fact and time of applying for termination of the insurance contract.
  7. Faced with opposition from the insurer, it is recommended to contact the higher management, having prepared an exhaustive legal justification for the legality of collection.
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Fast cash loans – Enjoy Urgent Credit Service Sat, 06 Apr 2019 20:11:00 +0000 Read More


This really aggravated me because of my background in the non-profit sector. There are hundreds of scammers who claim to have information on “free public contributions” claiming to get government free money that can be used to pay bills, within repair credit on their own, and never have to pay back .

The fact that you filed for bankruptcy will be your credit for 7 to 10 years and prove that you are not worthy of credit. Most lenders are not fully compensated for loans that have been resolved through bankruptcy and therefore are very cautious about lending to anyone who has a bankruptcy on their credit report. Furthermore, most applications for any type of credit ask if they have ever filed for bankruptcy and will no doubt consider that in their decision.

The concept of a loan is, to put it simply, to make money

The concept of a loan is, to put it simply, to make money

Banks and lenders want to give money to borrow for a while and when you pay them again you have to pay them more than you originally borrowed. This is a great trick to trick us all and of course we fall into their hands unknowingly because we have no other choice. Getting any kind of loan can be extremely difficult, but home loans are something completely different. Home loans change from country to country and place to place. It is difficult to know what is the right option.

Debt payment problem 

Debt payment problem 

When you are facing a debt payment problem for the first time, it is very difficult to understand what is happening to you and your finances. It is necessary to take reliable help from a reliable source or the market is very selfish and can be exploited. It is very necessary to have at least basic information on the methods that are available on the market for debt relief. Writing a Debt Relief order is a good idea and fits most debtors because it is a versatile method.

But before taking the help of this order, is it important that you need to know how it works and what are the essential elements of this method?

You pay your home loan and let the banks decide if you can get the money back. Millions of homeowners each year are not able to take money out of their home. Why? If the interest rate is not correct, then many times it is not worth refinancing your home or if the bank does not like your home, then you will not be able to get your money back. And the value of your home?

One thing that many people may be surprised by when doing an unsecured credit card debt consolidation is the extra charges that can be added to the payment. It may actually be a lower interest rate, but at the time you add all the taxes that your payment may be higher.

Cheap loans are obtainable for most borrowers

Cheap loans are obtainable for most borrowers

It will only take a little effort on your part to look around and be aware of the fees and charges before signing. This way you will have an excellent chance of getting that cheap loan you want. If you are going to start getting out of debt, you must stop going into debt.

One way to start is to start weaning yourself from nipple credit card if you think it is part of the problem. It is not necessary to cut all credit cards; which would be impractical and unreasonable. Start slowly but build to it and get strong. It can be done. The only way to stop going into debt is to stop going into debt.

You could even start now because the sooner you start, the sooner you get out of debt. The longer you wait, the longer it will take.

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How to pay a loan in Home via the Internet by credit card Tue, 02 Apr 2019 06:21:16 +0000 Read More


When making a loan in a bank, one of the most important parameters for choosing a program is the terms of debt repayment. Sometimes the credit organization that issued the loan has few branches where you can pay, or ATMs in the region where the borrower lives. Therefore, each tranche in favor of the bank represents a whole problem. Fortunately, Home Bank clients do not have such problems, as this issue has been carefully thought out in the interests of borrowers. In Home Bank, you can pay a loan in many different ways, the choice of which depends only on the convenience for the client and his preferences.

Payment Methods

Payment Methods

The lender proposes to choose one of the most convenient options, where you can pay the loan in a non-cash and cash way:

  1. Depositing cash through a bank terminal or one of its partners, for example, in branches or using a Sberbank card.
  2. Non-cash transfer by credit card “Visa” or “Mastercard” through various payment systems on the Internet.
  3. The use of special terminals for depositing cash such as “Eleksnet”, “Rapida”, “Kiwi”.

If you use the latter option – through payment terminals – you need to be ready to charge a fee, then when you pay with any debit card, no fee will be charged. Paying for commission is possible only in the following cases:

  1. Making the first two payments on any loan in any region of the Russian Federation.
  2. Repayment of the loan at any stage of lending through the terminals of partners Home Credit in cities and towns, where there is neither the lender’s office, nor its native terminals.

Each of the above methods has its own characteristics, which you need to know before you pay.

Use of Internet banking

Use of Internet banking


To pay using a specialized banking service Home Credit via the Internet, you will need to perform a number of preliminary steps:

  1. Dial the bank support phone number and transfer your passport information, contract number, card details. For connection use number 123-456-789.
  2. The client receives information indicating the login and password. This information will be required each time you log in to the user’s account in order to pay home credit.
  3. On the official website, the borrower enters Internet banking and selects the payment of a monthly payment.
  4. For the transfer you will need to enter data about the client, the number of his loan agreement and the details of the transfer.
  5. Payment identification and validation confirmation in 3D Secure format.
  6. The client is notified of the amount paid and payment details.

In addition to payment through a computer, for the convenience of borrowers, it is possible to pay through a mobile application. Both the entry and the payment procedure are as simple as through the lender’s website. Confirmation of payment and identification occur with a password and login, which the borrower transferred to the Internet banking.

Personal account features

Personal account features


On the bank portal, it is easy to access the monthly fee payment by entering the phone number associated with the loan agreement, date of birth and confirmation code. After the transfer of information to the specified mobile number comes a code consisting of 4 characters. After entering it, the borrower gets access to the personal information of the borrower:

  • information about the upcoming payment – its size and term of replenishment;
  • general loan payment schedule;
  • balance of debt to a credit institution;
  • current credit conditions.

The payment function is provided by the payment button. In the form of payment, the borrower enters the details of the contract, credit account, details of the debit card. By the simplest sequence described above, funds are withdrawn from the borrower’s card and transferred to the borrower’s account in Home Bank.

In order to prevent late payment, it should be borne in mind that the deposit period is one business day. Confirmation of enrollment will be a letter sent by the lender to the email address specified by the borrower.

Payment from the official site



An even simpler method of repaying a home loan is possible subject to the availability of a debit card and a sufficient amount for debiting its account. On the main page of a financial institution there is a section that allows you to pay a debt to a bank without any unnecessary manipulations with entering the account and authorizing a user.

In the transfers and payments section find the payment creation subsection. By pressing the transition button, the client goes to the payment window, where all the requested bank data is filled in:

  1. In the type of payment indicate “loan payment”.
  2. Enter information about the credit account number and contract. If the information is lost, you can restore it by logging in to your user’s credit account through authorization.

Payment details in Sberbank Online

Payment details in Sberbank Online


Paying Home Credit from the Sberbank card will not be any difficulty – you can make a payment through the terminal or organize a cashless withdrawal through the Internet program. Especially for customers who actively use Sberbank debit cards, it is possible to redeem them through the personal account of the Savings Bank payment resource.

For this, the user’s personal account is pre-verified with a one-time password sent to the number of the linked mobile.

In the payments section, the plastic holder of Sberbank finds a subsection for repaying a loan from a third-party bank. To make payment details, you will need information about the Home Bank, account number, loan agreement.

It is very convenient to use a quick search on the BIC Bank. This will allow you to do without the tedious recording of long account numbers and other details. After entering the BIC, the client will be provided with information about the payee, and all bank details will be entered automatically.

It remains only to enter the payment amount and indicate under which contract it will be paid.

It should be careful: the payment is made without commission only if the amount paid is less than 3 thousand rubles. If this limit is exceeded, the bank charges a 1 percent commission. If the borrower is the owner of the debit plastic of another bank, you can pay the loan using the corporate Internet resources of the banks that issued the card.

Making a loan in Home Bank, flexible credit conditions and depositing funds as payment for monthly payments allow you to use borrowed funds with maximum comfort for the client. To repay a loan, it is enough to deposit money in cash or have any debit card issued by a partner bank

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