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Usages and disadvantages of using credit or debit cards

It is the payment method that more people use and that we use more in our day to day. You no longer have to carry money in your pocket to pay at the neighborhood bakery or the corner kiosk. Buying (and spending) has never been so easy. There are establishments reluctant even to implant a simple dataphone (POS) to be able to collect through these “pieces” of plastic. They are debit and credit cards.

Making payments or withdrawing money

Making payments or withdrawing money

The cards provide a great service to the user when making payments or withdrawing money from an ATM, in addition to providing security, as they do not have to carry cash. Spain is one of the European countries with the largest network of ATMs and sales terminals.

But is it better to use credit or debit cards? It is important to know the usefulness of each of them, to hire the one that best suits our needs.

Differences between debit and credit card

Differences between debit and credit card

In both cases, they are plastic material elements with a magnetic strip on the back, a chip (those from a few years ago did not carry the chip) and an embossed numbering, as well as the name of the holder and the expiration date on the front of. The hiring of these cards oblige the client to accept the conditions established by the financial entities that issue them as well as to return the commissions and expenses derived from their use.

The difference between the two lies in the fact that while debit cards use the funds that the client has in his current account, without allowing the dreaded “red numbers” (although it is true that banking entities establish a maximum amount to be used daily ), the credit card is used rather to defer payment of a certain amount until the settlement date.

Amounts to be paid are higher

Amounts to be paid are higher

In general, the amounts to be paid are higher with [credit cards] than with debit cards, because in addition to the deferment they allow to divide the payments, but you have to be careful due to the interest that in most cases you have to pay for its use and check the balance of the bank account to avoid possible overdrafts in the bank account.

Debit cards have fewer protection and insurance measures than credit cards. A common feature is the ability to withdraw cash at ATMs and make deposits to associated bank accounts. And, of course, payment in commercial establishments that allow its use.

So, credit or debit card?

So, credit or debit card?

Currently, the greater control of spending forced by the precarious situation of Spanish families has produced a considerable increase in debit cards compared to credit cards. There has also been a decrease in purchases and therefore in deferred payments.

This, together with the rising cost of commissions in recent years, makes the use of the debit card better valued by users, especially for daily purchases and to know the bank balance at the time.

Another widely used option, mainly due to the need of banks to attract customers, is to have both cards. Many financial institutions offer the possibility of having both, and in the case of credit, do not pay any commission as long as a series of purchases are made per year (established by the bank). Thus, a person can use his debit card on a daily basis and for purchases of a greater volume he can use the credit card by postponing/splitting the payment.

In any case, the decision to choose between one and the other depends on each person and each circumstance. Some may find it better to use debit cards to control their spending, while others prefer to use credit cards for the additional services it provides.

 

How to get fast loans of up to 15,000 dollars

The Credit financial institution is one of the most recognized in the field of fast loans. It is one of the pioneers in the introduction of direct financing through the internet and telephone and today it is a benchmark in the contracting of loans in a few hours to be used for what you want.

Achieve their goals and projects

Achieve their goals and projects

With more than 20 years of experience, Credit has helped almost two million people achieve their goals and projects, even if their financial situation was not very favorable. With them the process is very simple and it is not necessary to meet as many requirements as banks request today.

To request a credit, all you have to do is fill out the online form and send the necessary documentation via fax or email so that your data can be verified. You must send a copy of your DNI, proof of income, either a payroll, a pension or form 130/131 if you are self-employed, in addition to a direct debit receipt with a bank statement.

Once the documentation is verified, you will receive a response immediately and if it is approved, the money will be transferred to your account and you will have it available in 24 hours.

Credit of up to 4,000 USD without guarantee

Credit of up to 4,000 USD without guarantee

The Credit Free Life Credit allows you to have between 500 and 4,000 USD without having to provide any type of guarantee and to use what you want. You will have a maximum of 41 monthly payments to return the money and the interest rate applied to all accepted applications will be 24.51% APR

Credit Project of up to 15,000 USD

Credit Project of up to 15,000 USD

The new Credit loan is called Project Credit and with it you can obtain between 4,000 and 15,000 USD to use in a personal project, whether it is the purchase of a vehicle, a trip, paying for studies or carrying out home renovations. The term to return the money will be up to 48 months and the interest will vary according to the type of project you want to carry out and the amount you request, and may be less than 8%.

With the credit shortage currently offered by banks, Credit quick loans are a good solution to finance purchases and personal projects that would otherwise be impossible or take a long time. Take advantage of the opportunity and make your wishes come true quickly and easily.

 

Quick loans with Credit Financial Institutions.

Next we will talk about quick loans with Financial Credit Institutions. They are one of the most popular alternatives today in terms of the different ways of obtaining financing for projects. We recommend that you read very carefully so that you too can benefit from all its advantages.

Crediting is a lending entity that can offer you quick loans. Loans that can even help you being in Financial Credit Institutions. Specifically, we do it through real property.

Features of fast loans with Financial Credit Institutions

Features of fast loans with Financial Credit Institutions

  • We can give you an amount similar to the value of said property up to a margin of between 25 and 35% of it. This amount will always be from $ 6000. We also give you all the advantages of flexibility. These advantages include that you yourself can choose whether to pay monthly, quarterly or semi-annual installments.
  • At the same time, you can also choose what kind of fee it will be. It could either be paying interest on the loan and a final amount corresponding to it or installments where both parties are together. The period that we give you for the return ranges from 1 to 10 years. A more than sufficient period taking into account all the tranquility that you will have during that period.
  • Our fast loans with Financial Credit Institutions have a very low interest rate compared to other offers that exist in the market. Specifically, between 9 and 12% interest. Our service is endorsed by the Ministry of Health and Consumption, a very important requirement that you should always look for when requesting a quick loan.
  • We extend our guarantees and your peace of mind beyond all this, allowing you to choose the notary that suits you best. It can be a professional of your own confidence or simply the one that catches you closest to home. The only requirement is that the property is free of charges. However, if this is not the case, we can give you a loan to settle the debt. It is a process known as debt unification and that benefits us by lowering the total interest to be paid.

Urgent loans with Financial Credit Institutions: what are they?

Urgent loans with Financial Credit Institutions: what are they?

First of all we must explain what these types of loans consist of. Probably you already know what Financial Credit Institutions consists of, although in order to explain the credits that we want to talk to you about, we have to give some preliminary notions. Financial Credit Institutions is a registry where consumers who have some type of debt with a company go. Therefore the granting of urgent loans with Financial Credit Institutions carries with it the provision of a guarantee to be able to be granted.

All people go to said registry regardless of their reasons, including whether or not they are right to have been included in said registry. Thus, many people are included in it for having a debt that they consider illegitimate with said company. It is often the case that pending invoices are demanded from us simply because the company has changed its debt manager and does not have its information updated.

In any case, inclusion in Financial Credit Institutions can have quite uncomfortable consequences that we want to talk to you about. To begin with, being in this registry means that we will not be able to access financing through traditional credit institutions. These are mainly savings banks and banks. Indeed, by being included in Financial Credit Institutions we will not be able to request credits with them. However, we want to talk to you now about how to get out of that vicious circle.

So can I get a quick loan while still in Financial Credit Institutions?

So can I get a quick loan while still in Financial Credit Institutions?

The answer is of course yes. In fact, Crediting offers one of the formulas with the greatest advantages in this regard. What we are proposing is a solution that thousands of people have already benefited from: by requesting an urgent loan while being at Financial Credit Institutions with Crediting we take care of removing you from the registry. Your data will be deleted from it and later you can choose to finance yourself with traditional credit institutions.

This is the method that many people included in said registry have followed. They do it because it is one of the fastest that exists and at the same time it is a way to get credit to face some type of expense or unforeseen.

As we have previously said, a real property is what you do as a guarantee. The process is very simple : that’s why they are precisely called quick loans or quick loans. Because simply by filling out a small form and sending some data we can start the process. Our experts will be on the other side to help you with everything you need.

This speed is based on the fact that a large part of the procedures you can carry out online. That reduces the paperwork and, naturally, also the application deadlines for your fast credit with Financial Credit Institutions.

Warnings to consider in fast loans with Financial Credit Institutions

Warnings to consider in fast loans with Financial Credit Institutions

  • The house is the one that gives the guarantee. Before requesting any quick loan, we advise you to weigh very well whether you will be able to repay it, since this property will guarantee you.
  • Urgent loans are more “expensive” than traditional loans. This is because in exchange they can offer us a series of advantages that traditional banks and savings banks do not give us. One of them is precisely to give us financing despite being on the Financial Credit Institutions registry. Another of them is the speed of the entire process and, in the case of Crediting entities, being able to offer us all possible guarantees and flexibility.
  • Always check that the entity to which we are going to apply for the loan is regulated and endorsed by the Ministry of Health and Consumption. This will prevent us from potential fraud.
  • Never accept advance payments. fast credits must be accepted if the entity previously asks us to disburse money.

Advantages of fast loans being in Financial Credit Institutions de Crediting

Advantages of fast loans being in Financial Credit Institutions de Crediting

As we have said, at Crediting we want to make things easy for you. Therefore, we can offer you a series of advantages that other entities cannot give you. We explain what they are and the reasons why we do have them.

  • Flexibility. One of the reasons for being at Crediting is to be able to offer flexibility. This extends not only to the terms that we give for the return of your quick loan with Financial Credit Institutions (between 1 and 10 years) but also to the type of fee that you will pay. You can either pay only interest and a final loan payment or installments where both parties are together. All this in monthly, quarterly or semi-annual periods.
  • We can give you credit financing with Financial Credit Institutions. One of the biggest advantages that Crediting has compared to traditional credit institutions is that we can offer you quick loans and credits with Financial Credit Institutions. The difference between a credit and a loan is simply that in the first you pay installments and in the second you normally make a single payment having previously paid interest. That is, the difference is in the form of return: little by little or at one time. For this reason we can say that at Crediting we offer you personal loans or personal loans with Financial Credit Institutions.
  • We remove you from Financial Credit Institutions. Another of the most substantial advantages of Crediting is that we can permanently remove you from the Financial Credit Institutions registry. We take care of the entire process from day one. That is the reason why many people choose to apply for personal loans with us to be able to leave the Financial Credit Institutions registry definitively and quickly.
  • You choose the notary yourself. The notary is an important part of the entire personal loan process. He is the one who gives the go-ahead and the one who can inform you if there is any failure. For this reason, and for your peace of mind, we give you the option of choosing the professional that suits you best.

How an urgent loan with Financial Credit Institutions is formalized

We now talk about how the process of applying for an urgent loan with Financial Credit Institutions is formalized with Crediting.

  1. You send your documentation, necessary to carry out a study and offer you the conditions that best suit you according to your circumstances. Said documentation includes the DNI, a simple note of ownership and a proof of income.
  2. A real estate appraisal is done to see the value of the property. This step is important considering that we offer quick loans starting at 6000 USD and up to 40% of the value of the property. This step is necessary and mandatory.
  3. The next step is to sign the loan at a notary. As we have said, you can choose the professional that suits you best.
  4. The notary will attest that the entire process is done with complete transparency and in perfect legal conditions.
  5. When the loan is signed, it is registered in the Property Registry and the property that acts as collateral is encumbered with said loan.
  6. When it has been registered in the Property Registry you will receive all the copies of invoices and expenses generated by said procedures.

How to request our fast loans with Financial Credit Institutions

How to request our fast loans with Financial Credit Institutions

Applying for a quick loan with Financial Credit Institutions at Crediting is very simple. So much so that in fact you have several possible alternatives that we detail below:

  1. Filling in the web form. On the website itself you will see the contact form that you have to fill out to start the process. Our experts will answer you quickly.
  2. Calling us on the phone or. You also have at your disposal a phone that you can use to start the process or request information about any questions you have.
  3. Send us an email. If you prefer everything in writing, you can also contact us by email: info@crediting.es.

Housing Loan Appraisal Fee Of All Banks

In the mortgage loan, the appraisal fee is one of the loan cost items reflected as an additional expense to the file expense.

Home Loan Appraisal Fee?

The bank asks for the acceptance of certain conditions from the consumers who want to get a mortgage loan. One of these conditions is the mortgage of the house to be purchased.

While the lawyer fee is collected for the mortgage transaction, an appraisal fee is collected due to the expert sent for the valuation of the house.

What is Appraisal Fee?

What is Appraisal Fee?

What is the appraisal fee? While calculating the housing loans, one hundred percent of the value of the house to be purchased is not used as a loan. The bank, which has to learn the value of the house in order to give a mortgage loan, has an expertise report for the valuation of the house.

For this, the bank, which has agreed with an expert company, sends an expert to the house to be purchased and determines the loan amount to be given after receiving the report of the real value of the house. The loan varies from bank to bank between 70% and 80% of the value of the house.

The appraisal value is shown in the annual cost rate, unlike the mortgage loan file cost.

Since the appraisal fee varies according to the bank in 2019 , there is no fixed fee. These fees vary according to the expertise companies agreed by the banks.

How Does the Expert Determine the Value of the House?

Home Loan

The title deed expert sent to the house to be purchased by the expert company that the bank has an agreement with, determines the housing assessment as follows;

  • The location and size of the architectural projects are determined in the municipality and land registry office to which the house is attached.
  • Zoning conditions, license and settlement documents are examined.
  • Risk factors such as demolition decisions, minutes, court documents, zoning cancellations and penalties, if any, are determined.
  • Building Age,
  • Housing type,
  • Building infrastructure,
  • The number and square meter of the house,
  • Location of the house (region, island, parcel, block, location on the floor and floor, social and economic location) and transportation opportunities,
  • The real estate market is analyzed using the peer comparison method.
  • After the examinations carried out, the value obtained is reported.

Can Appeal to Appraisal Report?

Can Appeal to Appraisal Report?

Sometimes the mortgage loan may be low due to the house being too low than the purchased value or the erroneous calculations of the adjuster. The bank and appraisal company may be sued for the mistakes made.

In case of acceptance of the case, the experts appointed by the court review the residence and prepare a report.

How Much Are Expertise Costs?

Appraisal costs vary according to the bank and the loan to be withdrawn. Appraisal costs are around 500 TL-850 TL. While the appraisal process of housing varies according to the banks, appraisal costs of some banks are approximately as follows.

And when you make a calculation by entering the loan amount from our housing loan calculation page, it shows you in the appraisal fees of all banks on our site.