Looking for a loan is one solution when it requires substantial funds and sometimes suddenly. For example, for the purposes of business or a business, school fees of children, hospital fees and so forth. No problem looking for a loan to cover the shortage of funds, the problem is where to get a secured loan.
Make no mistake in choosing where to borrow money. Choose a safe place to borrow money in order not to be trapped amount of lending that could make your debt. You can visit the website http://www.bestoftopcreditcards.com/. Where is a safe place to get a loan these funds? Here are good places to get a loan:
- Loans to Family or Friends Close
Before applying for loans to financial institutions, we ask loans to relatives or close friends first. These loans are certainly safe because it does not give flowers. If you apply for a loan to the family to open a business, a family must have a better understanding of your needs. Starting a business from scratch would be very risky to borrow money from financial institutions. Especially not have business experience, the shadow of failure caused concern throughout the day. It will disturb the focus of doing business, but a business like a “war” that has two possible, win or lose. Winning means businesses succeed and make a profit. Failure means losing business, although it did not fail soon, but often made worse financial condition and unable to pay the loan on time.
Of course, the family will better understand your condition when it could not repay the loan on time, due to business failure. Families will not be yelling like a debt collector or money lenders who are to collect debts. But that does not mean you can relax in repaying loans. You have to find other ways to pay off the loan and show sincerity to repay the loan as soon as possible.
In order to avoid misunderstandings, treat the affairs of borrowing was so objectively as possible. Discuss the terms and conditions of the loan and then make a written agreement. This written agreement contains information of both parties (lender and borrower), due dates, payment methods and if necessary sanctions for failure to repay overdue. Although in practice the imposition of sanctions is not as firmly debt collector or moneylenders. The written agreement can save your relationship and family in the future. Remember, the unpaid debt can ruin family relationships and friendships.
- Borrow to Pawnshop
The pawnshop is one of the government-owned company that provides loans to pawn system. Their slogan which reads “to solve the problem without any problems” says something about that, you can get a quick loan to cover the financial needs, and the amount depends on the value of loans received from the insurance adjuster. The collateral can be electronic appliances, jewelry, and car or motorcycle by mortgaging reg.
When he wants to borrow money at the Pawnshop there are some requirements and steps that must be passed. Came straight to the pawn shop carrying goods as collateral. The guarantee goods will be examined to assess their quality and the price is determined. After assessed, the cashier will loan the collateral value appraiser, without any deductions except insurance premium discount. Be sure to pawn the goods in the state-owned pawnshop. Do not pawn the goods to the person or financial institution that is not known, it can put you in a precarious position.
- Lending to Banks
Lending to the bank of choice for most Indonesian people, because the Bank provides much convenience for its customers to get loans. Before the choice of the bank, you should look for information as much as possible and the smallest details about the bank. Starting amount of interest, the tenor of the loan, she wants to repay the amount of the penalty.
Borrowing money is not weighing it back, plus the amount of interest to be paid. The bank loan can be withdrawn at any time, provided that all the procedures and the terms have been met. Before applying for a loan, you should note the following points:
- Do not overdo it, meaning do not ever apply for a loan in excess of needs. Do not be tempted to offer large loans, remember all of the money that is not yours, but a loan from the bank to be paid fully with interest.
- Payment Plan, which means that before applying for the loan plan in advance how to pay, from any source to pay, and how the payment system later. This is to avoid financial problems in the future.
- Interest Rational, that note the amount of interest charged by the bank issuing the loan. Choose a bank that provides a rational interest, so that the loan repayment does not swell due to the additional interest is not rational.
- Pressing expenses, meaning you should be able to balance its finances by holding daily expenses. Because in addition to a daily fee, must provide the money for the payment of installments.
- Think of a guarantee, you should think first guarantee to be given and the risks that will be accepted in case of problems repayment. It would be better if applying for loans without collateral.
I hope this article can help you in overcoming financial problems, Good luck.