Recalculating a credit card with an installment loan

Credit cards are very popular and commonly used. While the so-called prepaid cards are only usable when you charge them with credit, conventional credit cards offer a certain amount of credit. However, this can also lead to an accidental over-indebtedness. Credit Card Debt: Why? Due to the overdraft framework of a credit card, which is often asked by the banks, an accidental over-indebtedness …

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Loan application – what should be considered in the form

The loan application is always submitted in writing. It contains information about the person, the financial situation, the legal status, the amount and duration of the loan, repayment requests and the intended purpose. The information for the application may vary depending on the type of loan. The applicant must assure that his information is correct and complete. The borrower must also give consent for obtaining information from private credit. The creditworthiness, which is …

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Calculate loan interest rates in advance

When buying a property, there is a lot to consider. This includes, for example, not only the question of who the best credit offers, but also that credit institution the lowest interest rate offered. But for borrowers is also important to know how to calculate the interest exactly. The interest amount The business activities of …

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Consumer Loan: Buyback Conditions

A credit surrender can be made by an individual, even if retired, as long as certain conditions have been met. Who can benefit from the purchase of consumer credit? A purchase of consumer credit allows a person to consolidate all its credits as well as its debts such as taxes, debts, late payments or bank …

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