Blog http://www.ep-publishing.com Payday Loan Debt Consolidation Programs -Ep-Publishing.Com Wed, 10 Jul 2019 15:24:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.2 Repay loan at once http://www.ep-publishing.com/2019/05/13/repay-loan-at-once/ http://www.ep-publishing.com/2019/05/13/repay-loan-at-once/#respond Mon, 13 May 2019 13:18:23 +0000 http://www.ep-publishing.com/2019/05/13/repay-loan-at-once/ Loan slips off at once Would you like to know more about it? In this case, first check whether an early repayment of the Intrasavings bank loan makes sense. The loan is granted by the Intrasavings bank), to which it is to be repaid at a later date. Unlike the Crediteriol, student loans must be […]

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Loan slips off at once

Loan slips off at once

Would you like to know more about it? In this case, first check whether an early repayment of the Intrasavings bank loan makes sense. The loan is granted by the Intrasavings bank), to which it is to be repaid at a later date. Unlike the Crediteriol, student loans must be fully repaid to make the loan possible if you repay the loan as soon as possible.

The student loan at a glance

The student loan at a glance

Another plus: as a recipient of the Crediteriol you can also improve your customer account with the credit. Full-time or part-time students enrolled in the First, Secondary or PhD programs at the beginning of studies not older than 44 years, German nationals or EU citizens for a period of more than three years in Germany, without oath on disclosure (affidavit of the financial circumstances). You can also use the Intrasavings bank Student Loan to finance semesters abroad.

The basic requirement is that you continue to be enrolled at a state university in Germany during your stay abroad. There is no Intrasavings bank student loan for completely completed higher education programs in Germany. Who is a maximum of 24 years, can be supported for up to 14 half-years. With a maximum age of 34 years, there are only ten lectures and with a maximum age of 44 years six lectures.

Then you have to spend at least 20 EUR per month for interest and reimbursement. Then you can apply for the Intrasavings bank Student Loan on the Internet. If the decision is positive, Intrasavings bank pays the loan via a credit account, which you bring to Intrasavings bank. There is no legal basis for the loan of the Intrasavings bank student loan.

Frequently asked questions about the loan

Frequently asked questions about the DAKA loan

loans are given as start-up assistance and must be fully repaid. No. The distribution of funds is also in line with the distribution of funds available to the local Studentenwerk. Under the credit guidelines, funding is available up to 18 months before closing. Under the credit guidelines, funding is available up to 18 months before closing.

The expected closing dates are subject to proof. It is not planned to support trainees. The expected closing dates are subject to proof. The expected closing dates are subject to proof. In addition, the following questions: I would like to have a promotion for both final stages. Do I ask for it all at once? No. Decide for yourself which part of the final phase of the bachelor and master studies should be financed.

Then apply only for the loan business in the final phase of the bachelor. Now I’m in the final phase of my master’s program and need more funding. If the repayment start is before the scheduled financing phase, contact the office for a repayment lock. If you have not yet reached the maximum amount, you can then submit further funding to your local Studentenwerk.

Since I’m in the Master’s program, I do not need any further support or have already used up the maximum amount in the Bachelor’s degree course. Are subsidies possible for more than 18 months? Are subsidies possible after graduation (eg for changing from university to work)?

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Credit without advance costs http://www.ep-publishing.com/2019/05/11/credit-without-advance-costs/ http://www.ep-publishing.com/2019/05/11/credit-without-advance-costs/#respond Sat, 11 May 2019 13:11:05 +0000 http://www.ep-publishing.com/2019/05/11/credit-without-advance-costs/ Credit without advance charge Frank Theiss has selected the best providers for you. Rescheduling expensive loans, clearing or pooling old loans. You know the problem: You have bad credit, but you really need immediate credit, debt restructuring and immediate loan financing with no upfront charges and fees – but where do you find well-known lenders, […]

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Credit without advance charge

Credit without advance charge

Frank Theiss has selected the best providers for you. Rescheduling expensive loans, clearing or pooling old loans. You know the problem: You have bad credit, but you really need immediate credit, debt restructuring and immediate loan financing with no upfront charges and fees – but where do you find well-known lenders, when there are credits and who can you around the clock to make a loan application?

Theiss aims to find the best lenders for you. The Episode – The # 1 e-book for a loan without flutes!

The credit without advance guarantee!

The credit without advance guarantee!

Credit without advance guarantee! Free and non-binding credit without private credit offer in 24h! Loans even in difficult situations, if the bank has already canceled or negative bookings of private credit are present – this is the peculiarity of the credit-credit for more than 40 years. Creditery is Germany’s market leader for instant loans without private credit and without any initial costs!

Often a credit is required only if no credit can be found with “normal” funds and the applicant is already making many hopeless and failed attempts. Often borrowers then explicitly ask for a loan without it. Most of these people are amazed when they hear about the loan without the private credit mystery:

Credit without private credit secret, which gives up any of the banks! In 95% of all cases, a normal credit is possible, even if the client expressly requires a credit note without private credit! With a voucher, anyone who does not want to believe it can experience it. The credit is a free and non-binding credit within 24 hours!

If Creditery is asked for a loan without submission of private credit’s submission, in many cases a loan can be granted as a normal loan (with the private credit), which for the consumer is usually faster, cheaper and more flexible than a “credit without private credit “. If the check reveals that a credit using the scorecard does not work, the system automatically checks whether a credit without a scorecard is the second option.

Even if Creditery carries out extensive investigations at several banks within its partner network, the borrower never has to pay a penny in advance. Creditery guarantees this with its loan guarantee without up-front costs. This means: Your loan application is 100% free with Creditery. In addition, you get your individual offer 100% free. Unlike any other bank, Creditery handles every loan application with up to 20 credit institutions at home and abroad.

If the client otherwise asks a house bank for a loan, he only gets the bid of himself! In order for the borrower to get the same benefits as credit, he must make an appointment with 20 banks! In addition, at Bon-credit unlike the house bank and loans are awarded without creation. For a loan without private credit-request – so the loan without private credit secret – but in more than 90% of all cases a normal loan to approve!

Especially for loans without own financing, it is (too) expensive to replace the old ones with new, cheaper ones because of the currently low historical interest rates. The Creditery ranks first in the ranking of rescheduling! As an alternative to the house bank, you can also request the immediate credit by e-mail from Creditery instead of the online form.

More about receipt credits under: Receipt Credit – Frequently Asked Questions! All information on the subject loan refusal – private creditprobleme – private credit-free bonds – credit despite negative private credit – credits without private credit information can be found in our practice counseling loan without private credit comparison. With the loan without the private credit formula you can save up to 20% interest! Unlike the house bank are also very small loan amounts from 200 EUR possible!

With receipt credits, there are new credits without credit up to the value of about 7,500 EUR (previously limited to 3,500 EUR)! No statement: Do you know the contrast between credit without and credit despite that? Credit without or credit despite credit of credit of private credit? A credit without credit should always be only B!

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Debt consolidation for payday loans -How to consolidate payday loans http://www.ep-publishing.com/2018/11/23/debt-consolidation-for-payday-loans-how-to-consolidate-payday-loans/ http://www.ep-publishing.com/2018/11/23/debt-consolidation-for-payday-loans-how-to-consolidate-payday-loans/#respond Fri, 23 Nov 2018 11:53:45 +0000 http://www.ep-publishing.com/?p=85 As a general rule, nobody likes debt. These are always perceived as something negative and everyone tries to run away from them. However, not all debts are the same. There are debts that impoverish us, but also others that allow us to earn money. In this article, we will help getting out of payday loan debt. […]

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As a general rule, nobody likes debt. These are always perceived as something negative and everyone tries to run away from them. However, not all debts are the same. There are debts that impoverish us, but also others that allow us to earn money. In this article, we will help getting out of payday loan debt.

How to consolidate payday loans?

Bad debts arise when we decide to buy something that we can not afford to pay in cash. For example, the mortgage on the house, the car loan or the purchases with the credit card. These debts make us poorer since in practice they involve bringing money from the future that we will have to repay along with their corresponding interest.

Bad debts do not report any kind of benefit beyond the consumption of the good that we acquire with them. In short, they serve to buy liabilities, that is, things that do not offer us any economic return, but quite the opposite: they make us lose financial freedom.

If someone pays their vacation with a credit card, it is generating bad debt. The purchase of a 4K TV in 36 installments without interest but with an opening commission of 60 euros, is also a bad debt. Any consumer loan that is amortized over a period longer than the life of the financed product is a bad debt.

There are some debts that are not only bad, but they are very bad. We refer to those that have a very high APR. This type of debt is extremely dangerous since it tends to grow like a snowball if we get distracted and are not careful.

For example, very bad debts are discovered in account that some people use to finance the expenses of the last days of the month to wait for the payroll or deferred payments for a long time with credit cards.

Good debts

In contrast to bad debts, there are other debts that are considered good and that are unknown by many people. A good debt consists of borrowing money in order to acquire goods or make investments that will report a flow of money into our pocket.

With good debts assets are bought that give us a return, so they are useful to increase our wealth. Good debts also involve the payment of interest and commissions. However, the profitability that we obtain thanks to it is higher than its derived costs. Otherwise, they would be bad debt.

For example, there are people who go into debt to buy a home that later goes to rent. If the monthly payment for the mortgage is 400 euros and then rent the house for 700 euros per month, each month they get a profit of 300 euros. In this case, the debt with which they buy the house is good. We say that these people have leveraged.

In general, the purchase of any good whose value will increase with the passage of time is a good debt. The apartments near the beach, antiques and vintage vehicles are some examples. If a person goes into debt to finance an entrepreneurial project and create his own company, this is also a good debt.

However, it should be noted that good debts also involve risks. A bad investment can ruin a person. As a proof, ask those who invested in real estate back in 2007. Credit is a very useful tool to increase wealth if and only if it is used correctly and with a head. Otherwise, it could give us great displeasure.

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Loans up to 150,000 kr. Fixed low interest rate http://www.ep-publishing.com/2018/09/08/78/ http://www.ep-publishing.com/2018/09/08/78/#respond Sat, 08 Sep 2018 11:49:34 +0000 http://www.ep-publishing.com/?p=78 With zaemus you can borrow up to DKK 150,000 with a fixed low interest rate. No hidden fees, but full transparency. Easy, fast and safe. At zaemus you can borrow up to 150,000 DKK for a period of 1 year to 10 years. You decide on how much you want to borrow, and how long […]

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With zaemus you can borrow up to DKK 150,000 with a fixed low interest rate. No hidden fees, but full transparency. Easy, fast and safe.

At zaemus you can borrow up to 150,000 DKK for a period of 1 year to 10 years. You decide on how much you want to borrow, and how long you wish for the installment.

If you want to count on a loan from zaemus, go directly to our zaemus Loan Calculator or visit zaemus and calculate the loan there.

With zaemus there are no hidden fees, you get a low interest rate and you can pay off whenever you want. Make a non-binding application and get an answer right away.

Loans up to 150,000 kr.

zaemus Finans offers loans from DKK 10,000 and up to $ 150,000. Thus, zaemus Finans belongs to the group of large consumer loans, where you can borrow 100,000 DKK or more.

The other options for large consumer loans are as follows:

  • Bank Norwegian (Cheap loans up to 400,000 kr.)
  • Santander Private Loans plus (Loans up to 350,000 DKK at an interest rate of only 3.9%. You can also borrow as 18 years old.)
  • Lendme (Offer Service that receives loans from several banks – Loans up to 300,000 kr.)
  • Resource Bank (Loans up to 300,000 DKK at a low interest rate. Option to borrow as 18 years old.)
  • Spargo Finance (Loans up to DKK 150,000. Offered by Leasy / D | E | R Group.)
  • Smart loan (Loans up to DKK 150,000 with a low interest rate)
  • Phoenix Personal Loans (Loans up to 100,000 kr. Offered by leasy / D | E | R Group.)
  • D | E | R (The perhaps most well-known loan provider in Denmark – loan up to 100,000 kr.)

No hidden fees

At zaemus you pay a setup fee and then interest only. You will not find any other fees. Therefore, you avoid unpleasant surprises and things that you should have read with small ones. Here is everything visible. One fixed creation fee and then the fixed rate, which is fixed throughout the term of the loan. If you want to compare the loan with other loans, we recommend that you look at OPOP. These are all costs of a loan converted to a total annual interest rate. OPP is obliged to disclose to all loan providers. Therefore, OPP may be useful to you who will find the cheapest overall price.

Low interest rate

At zaemus you get an interest rate of just 6.93%. Your final interest rate depends on your credit rating. If the assessment is good, you can lock the interest rate at 6.93% throughout the term of the loan. This is regardless of whether interest rates generally had to rise during the loan period. The offered interest rate at zaemus Finans allows you to keep through the entire loan period.

An interest rate below 10% is usually considered for a very good interest rate on a consumer loan. The absolute lowest interest rate in Denmark is on a loan from Santander , where the interest rate can be as low as 3.90%

New loan, known provider

zaemus is a brand new loan. However, do not fear bad customer service or other bad surprises. zaemus is offered by the well-known Leasy / D | E | R Group. You will thus be secured new loan options, but from an experienced provider, you have been serving the Danish loan market for many years.

Pay the loan whenever you want

When you take a loan at zaemus Finans, you must of course pay the monthly installments with the fixed interest rate. However, if you have the option to pay the loan before time, you always have the freedom without costing you. You decide, therefore, whether you want to move on with the loan or if you want to pay it out, thus losing interest.

The most important thing for you is therefore to make sure that you can afford the monthly installments. If you get better advice than this, you will not be able to pay on the loan, but can always pay it free of charge.

Sign with NemID

Should it be fast, easy and safe? Then NemID is the way forward. At zaemus you can sign with NemID. This eliminates the difficulty with manual signatures. The loan can be approved and paid much faster, since you will not have to wait for your application to arrive with the mail. In addition, it’s a much safer solution when your connection is encrypted. The old manual solution with signature and mail shipment could in fact be lost and opened by unauthorized persons. You do not risk this with the secure NemID solution.

With zaemus you can get your loan application approved within 1 hour and the loan paid within the next 24 hours. It’s fast, easy and safe.

Get quick response to your application

When you apply for a loan from zaemus, you can expect to respond to your application within 1 hour. This requires that you apply within normal opening hours. In some cases, you will receive an answer immediately, even outside normal opening hours. However, if your application is to be reviewed manually (which is very normal), then an employee will review your application within 1 hour of opening hours.

The application is non-binding

When you apply for a loan at zaemus, it is 100% non-binding. Your application is purely a request for a loan offer. Only when you have the loan offer you can take a final position on the loan. Therefore you can freely apply for a loan and then in peace and peace review the offer. If the offer is satisfactory then you can agree with NemID and get the money in your account. If you do not want the loan, you just leave the loan offer, and therefore do not depend on any loan.

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Over-indebtedness file: How does it work? http://www.ep-publishing.com/2018/09/01/over-indebtedness-file-how-does-it-work/ http://www.ep-publishing.com/2018/09/01/over-indebtedness-file-how-does-it-work/#respond Sat, 01 Sep 2018 11:45:38 +0000 http://www.ep-publishing.com/?p=66 What is an over-indebtedness file? Anyone can be confronted during his life with financial difficulties due to the hazards of life. By definition, over-indebtedness is a very uncomfortable financial situation suffered by an individual and due to the subscription of multiple bank credits in the past. The borrower then finds himself with a very high debt ratio […]

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What is an over-indebtedness file?

Anyone can be confronted during his life with financial difficulties due to the hazards of life. 
By definition, over-indebtedness is a very uncomfortable financial situation suffered by an individual and due to the subscription of multiple bank credits in the past. 
The borrower then finds himself with a very high debt ratio preventing him from repaying the monthly payments of his various loans in accordance with his commitments with the banks. 
Generally, the most serious consequences of this critical financial situation are the freezing of bank accounts and possible seizures of wages or even real estate.

To avoid this extreme financial situation, the debtor has the possibility of asking for help from the Harris private debt commission. 
For this, the individual must fill out a form accompanied by numerous supporting documents relating to his personal, professional and financial situation and relating to his assets, if applicable. 
This cerfa form, which must be filled out with the utmost care, accompanied by all the supporting documents, is called an over-indebtedness file.

Where to withdraw an over-indebtedness file?

There are two main ways to remove an over-indebtedness file and everyone is free to choose the one that suits them best. 
The first way is to go to the Bank of France closest to home to directly withdraw an over-indebtedness file. 
The second way is to download an over-indebtedness file online to save time.

How to make an over-indebtedness file?

The mounting of an over-indebtedness file must be scrupulously done and it is essential to take all the necessary time to file a complete file and without inaccuracy.

An over-indebtedness file is composed of the following documents:

  • The cerfa form withdrawn from the Harris or downloaded online;
  • The credentials sent by each creditor;
  • proof of all household income, including social assistance;
  • bank statements for the last 3 months;
  • The copy of the family record book;
  • Proof of household income
  • The estimate of real estate held if any;
  • The copy of the registration certificate of each vehicle held;
  • The copy of the life insurance contract, if applicable;
  • The list of monthly charges;
  • The names and addresses of all creditors;
  • A letter explaining the reasons that led to this situation of over-indebtedness;
  • The copy of the last tax return;
  • The act of divorce for the persons concerned;
  • The copy of bailiff or eviction proceedings in progress if necessary.

Filing an over-indebtedness file

The easiest way to file an over-indebtedness file is to go to the nearest Harris. 
The file can be deposited at the reception who will be responsible for transmitting the file to the commission of over-indebtedness. 
For people who can not travel, it is also possible to send by simple mail the complete file to the Bank closest to his home. 
It is important to stress that the fact of filing an over-indebtedness file with Harris does not result in the suspension of monthly payments from creditors. 
Regardless of how the debt overhang file is filed, the debtor will receive a certificate of deposit within 2 days.

Who can seize the over-indebtedness commission?

Any person of major age who encounters significant difficulties in repaying their debts may apply to the over-indebtedness commission. 
In order for the application to be admissible, it is important to underline that the debts must not have been subscribed in the professional framework and it must therefore be only personal debts.

The consequences of filing an over-indebtedness file

The filing of an over-indebtedness file automatically generates a file at the Harris at the FICP which is the file of incidents of repayment of loans to individuals. 
A FICP person can no longer claim a bank loan for a period of 3 years and can no longer use credit cards. 
It is for this reason that we must think carefully before submitting a file to Harris and think about alternative solutions such as the purchase of credit.

In the event of an admissible debt overhang

In the event that the debt commission deems the request admissible, it then warns by registered letter with acknowledgment of receipt the person concerned and all the creditors of this decision. 
The over-indebtedness commission will then proceed to a more detailed study of the request in order to determine the most suitable solution.

The recovery plan

If the debt commission considers that the debtor has the possibility of repaying its debts in one way or another, it will then propose a conventional plan of recovery. 
The latter is spread over a period of 8 years but can be increased in certain cases such as for the repayment of a mortgage.

The debtor can benefit from the following arrangements:

  • Decrease of the debt;
  • Decrease or cancellation of the interest rate;
  • Lengthening the repayment period;
  • Deferral of monthly payments.

The over-indebtedness plan must be accepted by both the debtor and the creditor in order to be put in place. 
If this is not the case, the over-indebtedness commission classifies the request without further action and the person concerned has 15 days to issue a dispute.

Temporary suspension of debt repayment

In order to help the debtor to repay his debts, the debt commission may temporarily suspend the payment of the monthly payments of consumer loans and real estate. 
This suspension may be carried out for a maximum period of two years in order to allow the person concerned to recover financially. 
Only households with no property can benefit from this suspension of repayment. 
In the event that the debtor is still not able to repay his debts after this 2-year break, the personal recovery procedure will be studied.

Establishment of a personal recovery procedure

In the case of a total insolvency, the commission of over-indebtedness can decide on the total cancellation of the debts. 
In the case where the debtor has real estate or cars, the latter will be sold and this is a personal recovery procedure with liquidation. 
Money from different sales will allow creditors to recover some of the debt. 
In the event that the debtor has no property, all the debts are erased and the creditors will not be able to recover the money lent.

In case of inadmissibility of the debt overhang

In the event that the Harris refuses the treatment of an over-indebtedness file, the commission then explains to the person concerned the reasons for this refusal. 
The applicant then has the opportunity to contest the inadmissibility of his request by sending a registered letter with acknowledgment of receipt explaining the reasons for the appeal.

Following this, the District Court is then responsible for giving a firm and definitive opinion on the debt issue concerned. 
In the event that the court considers that the over-indebtedness file is admissible, the over-indebtedness commission is then in charge of proposing solutions to the debtor.

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Can we renegotiate a buyout of credit? http://www.ep-publishing.com/2018/08/10/can-we-renegotiate-a-buyout-of-credit/ http://www.ep-publishing.com/2018/08/10/can-we-renegotiate-a-buyout-of-credit/#respond Fri, 10 Aug 2018 11:37:39 +0000 http://www.ep-publishing.com/?p=60 The need to renegotiate a repurchase of credit All those who have pooled their loans in the past agree that this financial transaction has greatly eased their daily budget. Indeed, every year, many families see their monthly payments decrease by more than 60%, which allows them to better understand the future and to enjoy themselves more. However, […]

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The need to renegotiate a repurchase of credit

All those who have pooled their loans in the past agree that this financial transaction has greatly eased their daily budget. 
Indeed, every year, many families see their monthly payments decrease by more than 60%, which allows them to better understand the future and to enjoy themselves more. 
However, it is important to manage after credit redemption so as not to fall back into an over-indebtedness situation.

When a credit buy-out is implemented, the brokers in charge of the files warn individuals against this risk of relapse. 
Despite these caveats, many households are making new financial management mistakes. 
These people then want to renegotiate their purchase of credit to lower their monthly payments. 
There are also categories of people who want to renegotiate a loan buyback to take advantage of lower interest rates. 
However, renegotiation of loan redemption is possible only if the application meets certain conditions.

The conditions for renegotiating a credit surrender

Renegotiation of loan repurchases amounts to realizing a new repurchase of credit, which explains the difficulties of many people to be able to carry it out. 
Whatever the reason for which a person wishes to renegotiate a repurchase of credit, the request will have to respect several criteria in order to be accepted.

The date of the last credit surrender

In order to renegotiate a repurchase of credit, banks usually require a two-year time interval between the two operations. 
It is therefore not possible to cumulate several credit redemptions in the same year, even if its financial situation improves. 
However, even if it were possible, it is important to keep in mind that the repurchase of credit generates significant costs to the applicant. 
As a result, this renegotiation of credit redemption is only necessary if this is fully justified.

Overall household income

Having a positive credit redemption agreement does nothing to help secure a second loan consolidation. 
The applicant will have to reproduce the same approach by supplying all the documents again in the same way as in the previous application. 
He will have to be able to justify at least the same income as at the first request and it is preferable that his income have even increased. 
Indeed, banks do not like to make a second redemption of credit for the same person.

The fact that a person has a new need for credit redemption means that the banks did not know how to learn from their financial management mistakes. 
Thus, the greater the applicant’s income, the greater the chances of acceptance.

The number of banking incidents

As mentioned earlier, banks prefer to consolidate the debts of people who have never made a credit redemption in the past. 
If a person has already pooled their debts and has had their debits withdrawn in the last three months prior to the new application, it will be difficult for them to renegotiate their repurchase of credit. 
Indeed, the bank will consider that the individual in question has not improved his budget management and he is considered to be a risky client.

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Best Loan Insurance Rate http://www.ep-publishing.com/2018/07/02/best-loan-insurance-rate/ http://www.ep-publishing.com/2018/07/02/best-loan-insurance-rate/#respond Mon, 02 Jul 2018 11:46:26 +0000 http://www.ep-publishing.com/?p=73 The profile of the borrower, establishes the price of a loan insurance The age of the borrower and the capital loaned by the bank These two criteria are the essential components of the rate of a borrower’s insurance: the older you are, the more you borrow a large amount, the higher the price of your […]

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The profile of the borrower, establishes the price of a loan insurance

The age of the borrower and the capital loaned by the bank

These two criteria are the essential components of the rate of a borrower’s insurance: the older you are, the more you borrow a large amount, the higher the price of your insurance premium will be.

The profession of the borrower and his business trips

Depending on the risk represented by the profession performed by an insured person, the price will be more or less increased. Thus some profiles such as managers or TNS will be considered less risky profiles than employees and this will affect the pricing of ITT (Total Work Incapacity) and ITP (Partial Work Incapacity) guarantees.

In addition to this status (executive, non-executive etc ..), the profession will also be a criterion of increase or not the rate. Thus, it is important to qualify well at the time of accession to be certain to be covered in case of disaster: for example engineer will not suffice, it will be necessary to specify engineer in construction or sedentary engineer or mining engineer …

Certain professions such as the military, firefighters, people working in nuclear power plants or other professions called “at risk” will also affect the final price of loan insurance.

Activities related to the profession such as work at height (pruner for example) or heavy handling activities (which can induce disco-vertebral diseases) will also lead to increased premiums.

Lastly, professional travel abroad and by car are also criteria that can cause the price to go up or down. Thus a person spending the majority of his time abroad or doing 100 000 kms per year, does not have the same risks as a sedentary employee who will move only to come and go at his place of work.

Being a smoker and the state of health of the borrower

Being a non-smoker will lower the price of credit insurance because the health risks of not smoking are lower than for smokers.

A person with pathologies for which he takes recurrent treatments (diabetes, cholesterol etc …) or people with so-called “dreaded” diseases (cancers, specific serologies ..) will be subject to surcharges or exclusions. For people in remission of certain dreaded diseases, the right to be forgotten is however a way that will allow them to limit surcharges in some cases.

Sports practiced by the insured

Finally, a number of sports such as scuba diving, climbing, aerial sports (hang-gliding, microlight, parachuting, paragliding, bungee jumping …) can lead to a price increase. In this case, moreover, all the insurers will not cover all the sports (some contracts will exclude these risks and will not allow to buy them back) while those who agree to cover them (with a premium of “redemption”) will ask for additional information to properly assess the risk incurred.

Price of a mortgage insurance for a delegation of insurance

In most insurance assignment agreements, the cost of your credit insurance varies every year depending on the principal remaining to be paid and your age. Thus the insurance rate is calculated at the fairest rate according to the age of the insured and applied to the capital remaining due each year, according to the depreciation schedule.

Thus, in insurance delegation contracts, it is not uncommon for the insurance premium to be stable, or even increase, during the first half of the loan term (because the value of the outstanding capital falls little during this period). period when the interest is refunded in large majority, but against your age evolves) to see it fall in the second part of the credit (where the capital decreases quickly, even if your age continues to increase).

Price of a borrower insurance for a bank group contract

The group contracts offer all borrowers an almost identical rate regardless of their profile and a constant premium calculated on the initial capital of the loan contracted.

Thus some people may have an interest in taking out this type of contract: older people, smokers, people practicing handling or working at height in their profession, people taking out a relay loan or with a big delay etc …

Conversely, if you are young, non-smoker, executive and you take out a short-term loan (10 or 15 years), the method of calculating this type of contract will put you at a disadvantage.

In any case, to make sure you make the right choice, compare the contracts to see which one is best for your profile. To quickly understand the savings you can achieve between the group contract offered by the bank and the insurance delegation contract that you plan to take, you must add all the insurance premiums collected over the entire duration of the credit and compare the totals thus obtained.

Other criteria relating to the price of loan insurance to take into account

Is the price of my loan insurance contract guaranteed or revisable?

A “guaranteed” rate is a rate defined at the time of the subscription of the contract and which can not increase. Thus, the amount of the contributions that an insured person will pay during the entire term of the contract can not be increased or because of changes in the life of the borrower (change of occupation, practice of an extreme sport, become a smoker. ..), nor because of criteria internal to the insurance company (bad technical results etc …)

But be careful, read the general conditions of sale because some cases may change up the amount of contributions to a contract with a tariff yet mentioned as “guaranteed” (if the borrower starts to smoke or if must travel regularly abroad for his work). In this case, do not forget to make a supplementary declaration when the event occurs so as to be covered in case of disaster!

As opposed to the “guaranteed” tariff, we are talking about a “revisable” tariff. In this case, the rate is likely to vary according to uncertainties concerning the borrower or the company. The revision can intervene following a change of profession, the technical results of the contract, the practice of sports at risk. On the other hand, if the state of health is one of the criteria determining the rate at the time of the subscription, it can never be revised because of a degradation of the state of health of the insured.

So prefer instead the contracts whose price is guaranteed, it will save you worries in case of a change of situation that you would have failed to declare and you will shelter from the rate increases that a company could do following a clean event concerning it.

Would I be exempt from paying my loan insurance premiums if I am off work or on disability?

Some contracts provide for exemption from paying contributions in the event of incapacity for work. In this case, the company reimburses the subscriber for the insurance premiums paid under the policy pro rata temporis of the period of incapacity for work, as of the end of the Franchise period.

This option does not usually cost too much in the contracts that allow it and can really be worth it in case of disaster.

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