Car Title Loan That Suits You

Pay attention, borrowing money also costs money!

Auto loan new and second hand

You dream of a new car or of a beautiful used car that you have seen standing, but you have doubts about the impact on your budget? A justified concern.
A car is an important purchase for which you do not go ice overnight. Moreover, you prefer to keep your savings back. Do not delay your dreams. Read consumer information and choose the car loan that suits you.

To finance the car of your dreams, we offer you the following benefits:

  • an attractive rate
  • you can borrow up to 100% of the value of your car
  • an interesting interest rate
  • choice from different maturities
  • wide choice of possibilities

Loan on installment

A new car, a distant journey, decorating your home. It all means a big bite out of your budget. In order not to be unbalanced, it is often better to spread the payment of your acquisition in time. This way you give priority to your projects without affecting your budget!

You will undoubtedly be full of plans: redecorating your home, renovating the furniture, financing the studies of your children or making the journey you have always dreamed of …

Why postpone until tomorrow what you can do today?

An installment loan can be the appropriate solution to realize the plans you postpone, or to cope with unforeseen expenses. And this without calling on your savings.

But when choosing your loan you cannot go overnight. As a specialist in installment loans, I suggest you take a look at your personal situation. Together we can put the conditions and possibilities at a glance. This way you can be sure that you choose the right formula, with complete peace of mind and knowledge.

  • we create a tailor-made solution based on your needs and needs
  • free choice of the day on which you pay monthly
  • we analyze your situation and draw up a balance to see if income is sufficient for a loan
  • we offer you a smooth and discrete service

With us, you will not get unpleasant surprises. Together with you, we thoroughly analyze your personal situation beforehand and we review the conditions and possibilities. This way you can be sure that you choose the right formula. In all serenity and with expertise.

Do you want to know more about it? Then make an appointment without obligation for a custom calculation. We are happy to help you to realize your plans!

 

Housing credits

You buy or build a house. It is a dream that is fulfilled. But also a dream that raises a lot of questions … Which financing formula is the best for you? Do you have to choose a fixed or a variable interest rate and in which period should you finance, what amount of mortgage should you provide? As a professional adviser with the necessary experience, we certainly offer you added value to bring everything to a successful conclusion.

We look for a custom formula for you, one that suits you and your real estate project. We are happy to show you the way through the maze of home loans.

  • we calculate the total cost of your project together with you
  • we are looking for the best financing together with you
  • we inform you about the premiums and the tax benefits that you may enjoy
  • we ensure that the protection of your home and your family evolves, always at the best conditions

Renovation loans

Insulate your roof or cavity walls, install a new kitchen, place a porch ..

When renovating your home you are often on your own to choose the best solutions, also financially. With us you get expert advice and the choice of a full range of credits.

Enjoy the following benefits for the financing of your renovation work

  • a very favorable rate
  • the possibility to repay 10 years or more
  • no file costs
  • no notary fees

A bike loan: electric bike, low rate

Have you always been a fan of bike rides?

You made it your favorite sport? Cycling has kept you fit while respecting the environment and saving money for your trips. Indeed, riding a bike has different advantages. In addition to regular physical exercise, you also spend fuel that can be on your budget. An economical, ecological and practical means of transport, what more can you ask for?

However, with your different monthly charges, you do not have enough savings to buy a new, better bike? With the credit specialist, you could apply for a loan with a specific and advantageous rate for this type of transaction. The purchase of your bike will go unnoticed and will not hurt your cash.

Bike Loan

If you want to buy a new bike or a bike for each member of the family to make fun ballads on weekends, consider applying for a loan at our company. This type of loan allows you to benefit from the best rate and you could of course ensure the repayment at your own pace.

You have our free simulator at your disposal. It will allow you to define the amount of monthly payments and the duration of your loan bike according to your repayment capabilities.

You could then enter the credit without having to move. Indeed, with the Loan House, the request can be made online or by phone.

If you would like more information on the loan loan offered by our company, you could contact one of our advisors. And do not forget that with our company, no down payment is required.

A low-cost electric bike loan

The electric bike makes more and more followers in urban environment. This two-wheeled vehicle has various advantages. In addition to being practical and economical, the electric bike does not require much effort and is easier to park. If you’re tired of traffic jams and want to move faster without having to spend too much, the electric bike can do the trick. By purchasing an electric bike, you will no longer have to submit to the various constraints of public transport. Especially since it is a means of transport that respects the environment.

 

If you are convinced by the different advantages of the electric bike, know that you can get a very advantageous rate electric bike loan with our company.

Naturalization in Switzerland: What are the advantages of loans?

What will change for you if you want to take out a personal loan in Switzerland after naturalization?

We have the explanations and advice for you.

Switzerland and naturalization in the country

What does it mean to be naturalized in Switzerland? It is simply a question of obtaining Swiss citizenship. There are two naturalization procedures, depending on the situation one comes into play:

  • The ordinary naturalization : It is the “normal” naturalization to obtain Swiss citizenship.
  • Facilitated naturalization : This is a simplified procedure that affects children and spouses of a person who already has Swiss citizenship (especially third-generation foreigners).

Naturalization processes

Making a request for naturalization involves certain administrative steps, which can be viewed on the ch.ch website. The procedure, the costs and the exact steps depend on the canton of residence, the municipality and also the situation of the applicant (regular or simplified naturalization).

Request for naturalization and loan

In terms of personal loan, successful naturalization means certain benefits. When a customer wants to take out a loan, banks charge a so-called scoring . This scoring serves as a simple indication of the personal financial situation of the borrower and depends on various factors, but above all on the nationality and the residence permit.

For example, a holder of the C permit and a Swiss citizen with the same budget do not have the same scoring. Making the naturalization and thus obtaining a Swiss passport can therefore be useful for a future loan inquiry . A Swiss citizen benefits from a higher scoring than a foreigner, even if he has a C-grant.

Citizenship Switzerland and loan

Although scoring is also heavily dependent on the budget of the applicant, Swiss citizenship can sometimes make the difference between accepting or rejecting the application. Swiss citizens benefit from:

  • better chances of lending
  • better loan conditions (lower interest rate)

An example

Even a small difference between two interest rates can make a big difference in the cost, especially when it comes to large sums that are repaid within several years. An example of a personal loan of 50’000 CHF per 60 months:

  • Corresponds to a total interest of CHF 8,967 with an interest rate of 6.9%
  • Corresponds to a total interest of CHF 7,645 with an interest rate of 5.9%

A 1% lower interest rate means a saving of 1’200 CHF!

Contact a specialist

Have you recently made a request for naturalization in Switzerland and would you like to use your new citizenship to obtain loan on the best terms? We recommend that you hire a specialist such as geldleihen.ch with your dossier . Often, going to a specialist not only gives you a better deal than the bank itself, you also benefit from simplified procedures and free consultations. Whether you are a Swiss or a foreigner, allows you to benefit from the confidential advice of an expert looking for flexible offers at the best interest rate!

Loans and Donations between Individuals

Nowadays, banks, savings banks, financial entities and all companies or individuals that lend money have a selection process to determine who they lend capital to.

Even the companies of online loans , loans without payroll or fast credits through Internet, can seem that they did not put great obstacles to grant the money, but when it comes to considerable sums they take a little more time to study the case and dismiss it , If necessary.

That is, access to money loans of considerable amounts is not for everyone.

Fortunately many parents and grandparents are there to give the push that many need to buy a house, a car or get out of debt. But that money that parents or grandparents can ‘loan’ does not escape the eyes of the Treasury.

Loans between individuals are growing in recent years, so it is normal that the state wants to regulate them.

There is no official statistics on this type of transactions, but the money leaves a trace and there are many who take advantage of family ties to commit fraud.

Whether you are lending money or receiving it from a relative, you have to know that the Treasury could confuse your loan with a covert donation, and force you to pay the Transfer Tax and the Documented Legal Acts that can amount to large percentages of the total, depending on the Autonomous Community where the parties reside. On the contrary, money loans are exempt from tax.
To avoid such confusion to the administrative body that watches our pockets and you a dislike, it is advisable then that the loan be made with all the requirements required by the laws in force.

A loan contract must be entered into between the parties that is registered either by public deed or by private contract. In any case, the document must be taken before the Treasury office of the Autonomous Community where the parties reside and the Tax on Patrimonial Transfers and Documented Legal Acts be self-assessed, with a zero cost (€ 0.00) since this operation is considered exempt from pay for it In this way, with a document in date and with seal of the entity to which it concerns, the operation is in law.

In the drafting of the document, the following are compulsory:

  • The parties involved
  • The loan amount
  • Form and time of return
  • The interests, or in this case the gratuity of the same ones

It is important, if you are obliged to file the declaration for Wealth Tax, that this transaction is reflected, as a debt and as a right to credit respectively at the end of each year of the life of the loan.

Many problems can be avoided when documenting a family loan. The borrower can always justify the money that has entered into his account without risk to be confused with a donation or an unjustified increase in his assets. Also, although family ties are very strong and no one believes that a loved one is going to misbehave, this type of loan certified to the administration can be claimed more easily in case of default.

Call-off Loans

In contrast to a traditional loan or loan, which is granted once in the amount of a certain amount, the call-off loan acts as a permanent credit line .

This form of credit is a little more complex, usually offered with slightly higher interest rates, and is nevertheless a very interesting alternative to other forms of loans and advances, as it focuses on the flexibility of customers in financial matters. How exactly does this story work with the call-off loan? Here you will learn more about the function, the advantages and disadvantages .

What is a call credit?

The easiest way to compare an on-call loan with a credit line . At the beginning there is a sum, which is granted by the bank for its own current account . The customer has the option of always putting this sum to the end and, logically, has to compensate it again in part until it can be used again. Now enjoys the Dispo with its high interest rates not very popular among customers and is therefore inferior to a call credit. This is usually granted when it is not clear what the actual loan amount is. Not infrequently, it is also given as a supplement when a borrower decides, for example, for a real estate financing and requires a little extra margin for the running costs.

Credit line

The call-off loan is set up by the bank as a classic credit line . It is agreed in the loan application so that a certain amount is made available to the customer at any time can dispose. The loan runs thereby independently of the account and should not be regarded as a Dispo, since it must be paid also separately. At the present time, for example, it is normal for a repayment of approximately 5 percent of the loan amount to be agreed each month.

Example

If, for example, the person has a credit limit of 3000 euros and irritates them directly, he would pay 150 euros each month in repayments. In addition, of course, the interest, which has also been agreed with the application together. The key difference to a normal loan is that it can use the money paid back anytime and the eradication continues. Therefore, there is no classic term , as it is for example in a normal loan.

Advantages disadvantages

Here you can find out more about the advantages and disadvantages of the call-off loan or call-off loan.

Advantages

  • The on-demand loan offers the advantage of providing the borrowers with the full flexibility they may desire from such a loan.
  • Because they have access to them at all times, they can use it for a variety of purposes and access the capital over and over again.
  • The automatic repayment allows the loan to be paid off unaffected for a few months and then automatically available again when the money is needed.

Disadvantage

  • Disadvantages can be found in the fact that these loans usually have higher interest rates than other types of loans.
  • In addition, it is possible that the automatic repayment becomes a burden on the account. But since this is actually the case with every repayment for a loan, that should not play too great a role.

Call-off loan makes sense

The on- demand loan can certainly be seen as a very good way to get more flexibility in your own finances. However, it is especially important for this loan that one agrees on a realistic sum in the eradication and also compares before the providers to obtain the best possible conditions.

Fixed or variable interest rate on loan? What are the pros and cons?

Applying for a loan is always a bit exciting.

It also requires some work to prepare you well . If you go to a bank, you should ask for both interest rates . This way you can compare them and determine which ones you will take. This can have a big impact on the interest you will eventually have to pay.

Option 1: fixed interest rate

A fixed interest rate means that you pay the same interest during the total repayment period . When you take out your loan, it is thus determined how much the interest rate will be.

Benefits

  • You know perfectly well at the start of your loan how much you will have to pay monthly.
  • With a low interest rate, you are sure that you will always continue to pay off this low interest rate.
  • You can have a loan with a fixed interest rate revised, the interest rate had to be very low compared to your interest rate.

Cons

  • If the interest rate drops after closing your loan, this does not affect your payments.
  • When reviewing your fixed interest rate, you have to pay a reinvestment fee on that part that you still have to pay.

Option 2: variable interest rate

With a variable interest rate you do not know this in advance and it will vary and how much . This can be either positive or negative.

Benefits

  • If the interest rate drops, you will also have to pay less. With a high interest rate you obviously have a chance that it will fall.
  • The maximum fluctuations of the interest rate are legally fixed. For example, the interest rate can double as much as it is higher. And he can drop to 0%.
  • You can also get an extra limitation on the swing at certain banks. In this case one speaks of a ‘cap’ or upper limit of the fluctuation. For example, your upper limit may be +2, which means that your interest rate can never rise more than 2%.
  • In addition, you can also limit your risk by, for example, adjusting the interest rate annually, but changing it every 3, 5 or 10 years. Each bank has different options in this respect, so be sure to ask for it .

Cons

  • You never know when you sign your loan how much you will have to pay in total.

Option 3: accordion loan

This type of loan combines the best aspects of both fixed and variable interest rates . So you know perfectly how much you will have to pay monthly. If the interest rate fluctuates, your repayment period will simply be shorter or longer.

So if you want to take out a mortgage loan then certainly weigh the pros and cons. And let different simulations make. Make an appointment with a bank in your neighborhood and calculate your loan in advance .

Save € 1000 on your loan with a mortgage guarantee

There are cheaper options, because you can quickly save up to € 1,100.

When you take out a home loan you have extra costs, for example for drawing up the notarial credit certificate and registering the mortgage deposit. 

For a loan of € 150,000, you can save € 900 to € 1,110 by limiting the guarantee in part to a mortgage mandate or a mortgage guarantee .

 

Mandatory visit to the notary

When you buy a house or building plot, you must pass through the notary to record this transaction. The transaction is recorded in an authentic or notarial deed . In this way, it can be directly opposed to third parties, which means that everyone knows about it and has to accept it.

In addition, you must also go to the notary for the establishment of a mortgage guarantee in favor of the bank that provides the home loan. This mortgage mandate is recorded in an authentic or notarial deed. A mortgage offers the right to a financial institution to sell the property in the event of a default by the borrower in order to collect the money together.

The recording of the mortgage loan in a notarial deed is not free. For example, for a loan of € 150,000 you pay € 4,200 to € 4,600. This amount includes the costs for the notary’s work allowance, but also costs such as the mortgage right, the registration fee, the right to writings, the fee for the mortgage custodian, etc.

 

Reduction of the charges

You have the opportunity to propose the banker to work partly with a mortgage mandate . For example, the mortgage is immediately registered for a first part of the loan. For the second part of the credit, you subsequently give the right to register an additional mortgage at the moment that he deems it necessary. You avoid extra costs by paying everything nicely so that the additional registration will not be necessary.

The cost of a mortgage proxy is lower than that of a mortgage. Even with a power of attorney, the intervention of a notary is mandatory, but in this case there are no mortgage rights and the registration fees are only € 50. In addition, the fee of the notary is one-fourth of that at a direct mortgage.

Suppose a credit of € 150,000 is split up into a mortgage of € 100,000 and a mortgage mandate of € 50,000, then the costs will drop to approximately € 3,300 to € 3,500.

 

Limitations on proxy

It is not appropriate to arrange everything through a mortgage mandate . If you want to enjoy the tax benefits of a home loan, you must take out a fully-fledged mortgage credit for this . This credit has a term of at least 10 years.

When the power of attorney is granted, no effective registration takes place. This ensures that other financial institutions establish a mortgage on the property so that they are the first to be entitled to the proceeds from the sale of that property in case of default.

In addition, you also pay a cost for converting a mortgage mandate to a mortgage registration . This cost can be slightly higher than if you would immediately take out a mortgage registration .

Dispo covered, what to do? Is switching to installment loan worthwhile?

Almost everyone has ever overdrawn his disposition loan , in short Dispo.

A dispo can be obtained in most cases directly at a current account opening. The prerequisite for this does not even have to be a regular income. When opening an account, most current accounts with a disposition loan of up to 500, – Euro preset. If you want a higher collection, the bank usually has to prove only a regular income.

Tip: The Dispo is by far the most expensive type of loan that you can use!

It is no problem to avail the discretionary loan, it is problematic only if the own Dispo is permanently overdrawn and no longer serves only for the short-term bridging of financial problems. In times of online shopping and must-have-out deals you can quickly tempt the customer to buy. People who permanently (more than 3 months) cover their Dispo must be careful not to run in the Dispo Trap. Even if the discretionary loan can be used without any effort, there are a few points that the consumer must pay attention to:

  • Debt loan is very high interest
  • loan approval is often the first step in the debt trap
  • Disbursement declines the disposable income and leads to overspending.

What should I do if I’m permanently in minus?

Anyone who uses the loan line permanently will see a negative amount on each bank statement. In addition, the bank either per month or per quarter, the interest on the loan also interest. As a customer you not only have to repay the borrowed amount of money, but also high amounts for the accrued interest. Despite the low interest rates, every bank still pays the interest on such disbursements very expensive. So there are hardly any offers that are below 6% disposition interest.

What to do against overdrawn account?

If the checking account is permanently overdrawn, you should think about rescheduling . Since the collection is the most expensive type of loan , it may be worth switching to a classic installment loan to make up for the negative account. A installment loan over 1000, – Euro, for example, there are already from 2.75% effective interest at 12-month term (Santanderbank as of 13.09.2014). A rescheduling of loan on debit loan but only worthwhile for people who know that they can not compensate for their loan in the next few months. This often happens when you permanently spend more than you take. In such cases, an installment loan will help to balance the account. With the payment of the installment loan, the expensive disbursement costs are immediately eliminated, since there are no minimum terms for the discretionary loan. These are replaced by the significantly lower installment loan interest. Another advantage of rescheduling an overdrawn account is the fact that the loan amount that is repaid monthly is freely selectable. If the borrower can repay the loan only in very small installments, the term is extended accordingly. 

Change from loan to installment loan

Switching from disposition loan to installment loan is very easy. In some cases, even the house bank and offers this change on its own. This happens rarely and only with customers who permanently exhaust their Dispo. At least one should take a closer look at this offer, because the change from disposition to installment loan within one’s own bank is often cheaper, but the savings potential is not fully exploited here. The own house bank offers the installment loan to often worse conditions, than this on the market is available. Anyone interested in a installment loan, for example, to get their own current account out of the red, should use the free interest calculator on the Internet. These are free of charge for the consumer and quickly show at which conditions a rescheduling would be possible today. If the installment loan of the bank is similarly good, there is nothing wrong with accepting this offer. Who asks the question: ” Do I get a loan ?” Should first make a free loan request .

Loan Insurance

In order to realize your project faster, you have chosen to take out a loan.

During an interview, your banking advisor suggests you use insurance to cover your personal loan . And there, you hesitate to accept or not the suggestion.

If you have not yet given your approval, find in this article some tips that will help you understand the importance of subscribing to a borrower insurance, even if this option is optional.

The principle of loan insurance

Loan insurance, also called borrower insurance is an insurance for individuals or professionals who choose to take out a loan from the bank or credit agency. Although this option is a legal requirement, it is a guarantee that credit institutions recommend to their clients during the preparation of their loan file.

Loan insurance is a guarantee that protects the borrower, his or her family and the lender against possible risks that could prevent the borrower from making a repayment of his loan.

As a result, when you take out loan insurance, you are primarily responsible for your own protection, in the event of partial or total disability: events such as job loss or illness may prevent you from continue to repay your debts in full. If you have taken out loan insurance and you may become disabled due to an accident or illness, your insurance company will take over and pay the outstanding balance with your credit institution.

Insurance Simulation

The type of reimbursement is based on what was agreed when you subscribed to your insurance contract: the insurance can take care of repaying the remaining capital that you could not pay or make the refund by the payment of monthly installments of the loan. Today, to minimize the risk of default, credit institutions advise their customers to always subscribe to loan insurance, regardless of the nature of their credit: business loans , consumer credit, revolving credit …

Loan insurance: a protection to ensure the full repayment of your loan

As a guarantee, credit insurance not only protects the borrower but also his or her family and even the organization that provided the loan.

Regarding the borrower, a loan insurance will allow him to take out a loan with more serenity, knowing that in case of illness or accident, repayment of his loan will continue. He will also be more serene, knowing that his relatives will be protected and released from debt, if he ever dies or becomes disabled, before the total repayment of his loan.

Indeed, some people who die before the full repayment of their loan can bring their loved ones to pay their debts.

With loan insurance, relatives or descendants of the borrower will not have to bear the expenses related to the repayment of the loan taken out by the deceased or invalid borrower.

In such cases, it will be up to the insurance company to fully or partially settle the credit contracted by the borrower. For an overview of the fees that loan insurance could incur, you will be able to simulate loan and compare loan offers that also offer insurance with cheaper fees. For the lender, your loan insurance is a sort of guarantee that the money it gives you will be repaid, even if the borrower is no longer able to continue its reimbursement.

Personal credit: the benefits it represents

Like most loans, personal credit can be of great benefit to the subscriber. In the majority of cases, it provides the subscriber with some freedom, since he does not have to justify the use of the credit with the financial institution that offers the credit.

The personal loan also allows the subscriber to better manage his financial situation, since the monthly payment remains fixed, the repayment period known in advance and repayment can often be spread over several years. With personal credit, the subscriber can finance his personal projects, without committing all his savings at once.

In addition, he generally has several years to make the repayment, which allows him to repay gradually while having the opportunity to build a cash.

Considerations to buy a car with a loan

Buying a car is usually an important investment.

Whether it’s second-hand or new dealership, buying a vehicle requires an outlay of money for which we’re not always prepared.

Fortunately, banks usually grant loans with special conditions to purchase a car. The concessionaires also usually do it and the percentage of loans that are requested in them has increased in the last years because their conditions are usually better than those of the banks themselves.

It is clear that whoever has the full money to buy a car is a lucky one. For those who are not so and have to resort to a quick online loan, a loan with bank or the same dealer, we will list the most important recommendations before buying a car:

Be honest and set a budget

Before making the decision to buy a car, it is essential to do a self-examination of our real possibilities. Knowing our ability to borrow and the ability we have to repay the loan, are the best indicators to establish a fixed budget and assess the options, brands and models available.

Analyze all the financing options that we have

As explained above, to finance a car there is the possibility of financing with the bank or with the same dealer. The most striking difference between the two is that dealerships are usually a little less restrictive with the loan requirements since their goal is to sell the car. Although they continue to look at their prospective buyers with a magnifying glass, the concessionaires will not ask for the loan to be associated with other financial products and may require less collateral than a bank, but the interest rate and loan costs may be a little higher. than in a financial institution.

Also quick credits without papers can resolve the amount necessary to complete the purchase of the car that interests us.

Find out about the interest rate and expenses included

Read, read and reread the conditions of the loan that is chosen and calculate on our own with an online loan calculator the total price that we will end up paying when returning all the capital. The small print usually hides expenses of opening and closing operations, commissions and other expenses that can make a loan much more expensive than choosing another loan with a higher interest.

The more input less money to finance

We know that it is not always possible, but giving a considerable amount of money will make the money to be financed less and therefore our economy will not be so resentful each month when having to pay a fee. Keep in mind that some dealers have a minimum and a maximum of money to finance depending on the total amount of the chosen car.

Have at hand the minimum documentation for the processing of the loan

Although it seems an irrelevant recommendation, many loans expire because they do not have the required documentation on time. Try to have your national identity document, driving license, the last 3 payrolls, the last declaration of the rent and any other document that shows payment guarantees.