“A high standard of living is that we spend money that we don’t have yet for things we don’t need to impress people we hate.”
- You must eventually return all the money.
- Never, really never beat a loan with another loan.
- Each loan costs money, either directly or indirectly. Even free loans have high costs if you don’t pay them on time.
- Do not borrow more than absolutely necessary. First, it increases the interest paid, but most importantly – as you already have money, it attracts you to spend it.
- A loan is just a tool to use – it is wrong to use, it is good to use and is not worth abusing.
- The loan should not be stretched more than necessary; however, it is still better than choosing a too short repayment period and getting into trouble with your ability to meet the agreed obligations.
Several main mistakes
- Every second Czech looks only at the speed of money. If one company charges 8% interest but pays off the next day, it chooses 300% interest payable within a few minutes.
- Ordinary Czech does not read contracts and terms of service.
- Bad reasons for a loan – as a source of income or loans to pay loans.
Each of us will need to borrow sometime in our lives. However, there are a lot of sharks in this sea, and the less money you have, and the more you need to borrow, the more you bleed.
Online loans have the advantage that the company can operate fully virtually and does not have to support many branches and sales representatives. This reduces costs, which translates into lower interest rates.
1) First, there is a firm decision that you really need a loan and there is no other way. If you are sure that you can repay it without any problems, proceed to the second step.
2) Next is the selection of a proven and above all quality company.
Features of a good lender:
- well crafted page
- available and clear business terms and conditions and all loan documents in an understandable form
- contact information – you know who is behind the company and you can contact the company at any time
- helpful and helpful staff
- acceptable interest
- fair play
3) Application and Loan Procedure
One of the trusted and trusted companies is Good Finance.
We will guide you through the loan application process until it is paid out.
A) The first step is to select the loan parameters – maturity and the amount you want to borrow.
B) Next is registration – filling in a simple form on the company website.
C) Uploading of documents and verification of identity (uploading a copy of a valid identity card) and verification of the bank account by sending 0.01 USD to the Good Finance account. This is the easiest way to verify that your account is really yours and in your name.
D) After all documents have been processed, it is sufficient to wait for confirmation and, if approved, for the payment of money. Good Finance pays the money within 15 minutes of approval of the application.
Accepting money is far from over – you have to return the money.
Always make sure your payment is clearly identifiable and with all the essentials your business requires. There is nothing worse than to find out that you have sent the money without a variable symbol.
Everything can be resolved, however, it may take several days for the business to match the payment and if you pay the loan at the maturity date, there may or may not be a minor problem.
Whether it is a penalty payment or a contractual penalty, it is always unpleasant and unnecessarily expensive. Better to avoid it.
Use loans wisely, but don’t bet on your life. You can burn very badly.