For one reason or another, you have decided to take out a loan. You then ask yourself the following question: who to turn to, but above all which credit organization lends more easily than another? However, rather than looking for a credit organization that lends easily, it would be better to know “How to make a credit organization lend easily? Indeed, once you know how lenders work, it will be easier for you to obtain your financing regardless of the creditor of your choice. Below are some concepts and tips to help you.
The rule of acceptance: this is a principle according to which your debt ratio must not exceed a third of your income, at the risk of exposing you to certain precariousness. Despite your loan, the rest of your income should allow you to live decently but still rapid cash is best way to finance.
Scores: these are points awarded according to the borrower’s profile (age, marital status, number of children, profession, presence or not of savings, a guarantee or a surety, (a contribution, other credits in progress, history of typical banking incidents discovered, rejected payments, etc.). Scores allow creditors to assess the risk of default.
For example, the profile will be considered more stable if the person taking out the loan is on a CDI rather than a CDD or unemployed. The expenses of a family with two school-aged children will not be the same as those of a retired couple. Credit organizations will estimate that lending to a person with a history of overdrafts will be more perilous.
In short, unless there is a banking ban, a person’s request for credit will be successful if they are not in debt or if their arrears still leave they room for maneuver.
Easy credit for each project
To make it easier for a lending agency to grant you financing, you must choose the formula that best meets your needs. As a cartoon illustration, you’re not going to take out a mortgage to buy yourself a washing machine, are you? The easy personal loan (installment loan or consumer credit): this type of loan is suitable for various projects of daily life.
It can be used, for example, to acquire or replace any device – household appliances, high-tech, to prepare a family event such as a birthday, a birth, or even to face a death, a divorce, a move, etc. A personal loan can also be intended to pay for study costs, but also to prepare vacations, the list is not exhaustive.
You can take out a consumer loan with or without a particular reason (defining an affected loan or not), but the interest rate can be high. At the same time, the sums involved are less important than in a mortgage or for a professional project and the repayment periods are shorter. Note that depending on the type of purchase you want to make, a sales company can become a credit organization that lends easily through the “installment sale” or “credit purchase” system. You will acquire a good in return for monthly payments that you will pay directly to the merchant.
Another concept, that of revolving credit and prepaid credit card. These “systems” make it possible to borrow a small amount easily and quickly. A few remarks, however: management is easier with a prepaid credit card, as your spending can be controlled. With revolving credit (permanent credit or “reconstituting” credit or “revolving credit”), the ease with which one renews one’s loan can encourage the creation of needs and therefore overconsumption, with the risk of over-indebtedness.
The car loan is similar to a personal loan, this type of easy credit can be taken out from traditional financial organizations, but the offer can come directly from the dealers (who will tell you about a car leasing or leasing). You will quickly enjoy the car of your dreams by paying pre-defined monthly payments. Be reasonable: no financial institution will lend you more than you can repay. To get your hands on a credit agency that lends easily, make sure that the amount requested is proportional to your budgetary conditions.