Installment Loans

Buying a car: installment loan versus dealer financing

Get real bargains from car dealers this year./h2>

Get real bargains from car dealers this year

If you are thinking of getting a new car, you can also get real bargains from car dealers this year. As before, most manufacturers and the retailers associated with them continue to pass high discounts on their new models to potential buyers. However, there is always the question of how you can actually get the highest discount.

It remains unchanged that cash payers in particular can usually get the highest and therefore the best discounts from car dealers. Anyone who can put the sum of the final purchase price on the table in cash is in an excellent negotiating position and can thus achieve a discount of up to 20 percent on the purchase price. A savings that can pay off to finance the planned cash payment using a classic installment loan.

The installment loan has decisive advantages over dealer financing

The installment loan has decisive advantages over dealer financing

Many retailers also advertise with apparently attractive financing models, but these need to be considered with particular attention. Because dealer financing is much less attractive than an installment loan and the resulting cash payment option. Why is this so? With dealer financing, the installment loan offered for the purchase of the vehicle is already heavily subsidized.

As a result, generally available dealer discounts are more or less clear. In plain language, this means that the room for negotiation between the dealer and the prospective buyer is significantly narrower than with a possible cash payment. This means that the cash payment is also worthwhile if the purchase amount is to be financed through an “external” installment loan. In addition, installment loans have the general advantage that the loan terms can generally be chosen freely. A flexibility that is not given in most dealer financing, because there they are often fixed from the outset.

Is it time for a new car? But how to finance? By installment loan and cash payment or via dealer financing?

No installment loan without prior comparison

No installment loan without prior comparison

If you want to use an installment loan to buy a car, you should carefully compare the products of different providers. There are clear differences between the individual loan offers, particularly in terms of credit terms and flexibility. A large number of credit institutions in Germany offer so-called final installment financing for their offers for a cheap car loan.

This is a form of installment loan that leaves a balance at the end of the term, the so-called final installment. This gives the borrower the opportunity to lower his monthly financial burden in the form of a lower repayment amount. The monthly budget for the payment of the accruing loan installments is thus significantly relieved during the loan term.

Decide whether the higher final loan installment due at that time

Decide whether the higher final loan installment due at that time

At the end of an installment loan with a final installment, it is then up to the borrower to decide whether the higher final loan installment due at that time – for example, with the sale of his car – should be paid or financed. With this form of installment loan for car purchases, it is also important to note that special repayments can be made to the bank at any time without any prepayment penalty.


We need fast money and up to 1000 Dollar – mini loan

Among the mini-credit options Good Lender offers personal loans online of up to $ 1000.

However, like most Fintech, what this entity does is limit the amounts obtained the first time the client requests a loan.

So although through Good Lender loans you can get up to $ 1000 this will only be possible once you are a client.

Good Lender Finance is a microcredit company

If you want to apply for an online loan with the financial Good Lender tell you that it only offers personal loans of a very small amount. Here we show you the conditions and characteristics of your credits.

From there the credits of this financial company can be said to be similar to those of other companies in the sector.

One of the characteristics of entities that offer online microcredits like those offered by Good is that they usually apply the same requirements to their credits.

We see this both with this company and with the rest.

Whether you have an idea of ​​requesting one of your credits without paperwork or if we do not advise you, keep reading.

Who knows if in the future you may want to apply for one of these loans online .

Good Lender, what money company is it?

Good Lender, what money company is it?

It is a money company which what it does is offer 100% online loans.

Do not expect to be able to apply for your credits by phone and even in person as it will not be possible, Good Lender fast loans usually works via online.

If you want to be able to request your credits you must do the processing from their website.

Something that in our opinion should not cause a problem as it is an easy type of credit to process.

The advantage of going to online finance companies is that they offer two things above anything else:


Nobody doubts that the loans offered by these companies are used when we need urgent money.


What conditions do Good Lender loans have?

What conditions do Good Lender loans have?

Now that we know that it is a mini-loan company, we are going to know the financing it offers.

What we at Lite Lender Company are going to do is show both the conditions and the requirements of your credits.

1. You must be a resident in Spain and have both a mobile phone and a bank account in Spain.

  1. You have to be able to justify income to the financial company.

As much as it is a mini credit this is something that more and more entities are asking for.

3.It is possible to request your credits 24 hours a day and any day of the year.

Something that only the entities that offer loans in this way provide you.

4.You have up to 30 days to return the credit.

5.You can request up to a maximum of $ 1000.

6. They are loans thinking for the short term.

7.You cannot apply for financing while at Financial Credit Institution.

This is above what the Good Lender financial offers to all those people who need fast money.

As you can see, although it has its requirements, they are minimal compared to other credits.

Good Lender does not accept Financial Credit Institution or debts in delinquent listings

Good Lender does not accept Financial Credit Institution or debts in delinquent listings

It is common in companies that offer online loans on the other hand.

We will not only see it with Good Lender credits but also with those of the rest of the financial companies.

Even with all the financial opinions we can say they are positive.

We can see it in the opinion of some of its users who point out that these are useful credits.

As much as the APR is high, this financing has allowed them to solve their financial problems.

Easy loans with success rates above 90%.

What are easy loans and credits from the market for customers? Why are you looking for this type of financing, what advantages do they have, how are they processed?  At Spin Lender we would like today to be able to explain what is happening with these credits.

There is always a reason behind it and of course with easy credits it will be no different. There are more than enough reasons to explain why they are popular loans among the population. Let’s get to know them a little better.

Easy loans in Spain – why are they in high demand?

Easy loans in Spain Why are they in high demand?

Because the first thing that catches your attention about these fast loans is their high demand. Many people want to be able to access these loans every day. And of course, this is something that not everyone understands and more when the APR of their credits is usually high. Loans that people consider easy to get are also often expensive credits.

The APR in this financing is usually much higher than that seen in other financial institutions. However, what these people do not understand is that cost is only one of the variables to analyze. Clients who insist on signing cheap loans in the end have a really low success rate. And of course, people realize this.

We have affirmed it other times in Spin Lender, wanting to sign a cheap loan and not getting it is useless. This explains why credits with low APRs have such a low approval rate. Not because there is no demand but because the APR is directly related to the difficulty of obtaining credit. Of course this will also be reflected in all types of financing, banking and private equity.

Easy types of credits offered by financial companies

If you are looking for easy money, your best option is undoubtedly Financial Technologies. That is, it is those accustomed to making loans online and online that can offer the best results. This is something that is taken into account when borrowing.

And speed is also related to how easy it is to sign them. In other words, quick loans are usually easy credits. Thus, to obtain financing that is simple, you will have to go to companies that grant quick loans.

And who offer fast loans online in the market?

It is the online finance companies or Financial Technologies that do it. Most of them by signing mini loans and other similar products.It is this financing that we can consider as easier at least if we are talking about signing personal loans.

Because if what you are looking for are loans with collateral then if private capital will be a better option. Especially those signed through loans between individuals. Although they are somewhat slower than the former, we can also consider them as easy to get.

Providing a guarantee (property or vehicle) is usually more than enough. Consequently, private loans can also be said to have approval rates of over 90%. As long as the guarantee is valid at least it is the usual percentage. The same can be said about fast online loans which have a similar approval rate. From Spin Lender, therefore, if someone asks us for advice, our answer is clear. If you are looking for easy credits to get loans online with and without collateral they are your choice.

Why take out a mortgage loan?

In life, you can sometimes want to acquire something, without necessarily having the necessary amount for this purpose. If you want to buy a house for example or get a new car, know that it is possible to request a loan from banks or various credit intermediaries.

The loan you take out is generally called a “mortgage loan”. For this purpose, the lenders may possibly lend you the amount of money that you lack. You will then reimburse the latter in installments and in exchange for this loan granted, you will pay interest as well as costs. Find out why it is worth taking out a mortgage loan.

Useful information on mortgage credit

Useful information on mortgage credit

Mortgage credit is a type of bank loan that can be granted to you, by guaranteeing one or more of your real estate. This loan can be set up both for the acquisition of a new property and for an investment in an old heritage. It should be noted that the pledged goods must belong to you in your own name and no joint and several guarantees can be accepted.

This means that you do not have the right to guarantee, even simply a mortgage, for property belonging to third parties. Furthermore, the mortgage allows your bank to be sure that it can recover the entire amount. the amount you have loaned if you stop repaying. Thus, it will seize your property and then sell it, in order to restore the loan that you initially expected.

The mortgage is open to anyone who is experiencing financial difficulties. It can also be granted to a person who has an essentially real estate heritage, wanting to constitute investment, without giving up his personal property.

The borrower can be a simple employee, a trader, an executive in a company or even a retiree. The amount of the loan is determined via a technical examination of the value of your real estate assets. This amount is generally between 50 and 70% of the estimate of the property and is thus quite limited.

What are the types of loans?


There are two different types of loans for an individual like you. Indeed, financial institutions can offer you a mortgage loan or a consumer loan. A mortgage is the amount of money you borrow especially when you want to buy a house, land or finance work for your home. It is generally a fairly large amount, with a repayment term extended over time.

When it comes to applying for consumer credit, you can apply for it if you plan to buy a new car, finance personal needs, and even plan your wedding. Unlike the mortgage loan, you will, therefore, have understood that the amount borrowed will often be less and the same will be true for the duration of repayment, which will also be shorter.

The advantages of mortgage credit

The advantages of mortgage credit

  • Thanks to a mortgage loan, you have above all the possibility of financing your property purchase project, in particular when no conventional loan has been granted;
  • Even the elderly can aspire to obtain credit in order to acquire a new or old property;
  • No loan insurance is required, but you can sign one if you wish, without it affecting your credit application;
  • No domiciliation of income or request for investments is necessary, even if you only have property income instead of arrears or professional activity. The evaluation of intrinsic income will be even more interesting;
  • If you are a business, you can buy real estate, for example, to help children with their studies. Later, you will be able to rent the property or make a donation to the children themselves.

The special features of a mortgage loan

In the event that you are not the sole owner of the property that you wish to cede as a guarantee, those who are in bare ownership or in usufruct will have to vouch for your commitment.

A mortgage credit can also be fine. This is a loan for which you will only pay interest during its term. This period is included between 7 to 15 years and the notary will give you a cash agreement when you sign the notarial deed concerning the loan. Be careful, however, because you will necessarily have to sell real estate so that you can repay the amount borrowed in the prescribed period. You cannot request the transformation of a loan in fine into a repayable loan.

P2P loans or peer to peer through loans between people.

Surely you’ve ever heard of P2P loans or peer to peer on the market.  Basically these are loans between people where the person who lends the money is another individual.

It can really be a private individual or company, what is certain is that it is not a financial company, as if it were the banks. Unlike years ago, more and more people know the uses of this financing.

This is most likely considering the growth that private loans are having in the financial sector.  It is this type of loan signed by investors and other private lenders that increasingly represents a higher percentage of financing.

Unlike banks, p2p loans continue to offer new financial alternatives as the years go by. Not only that, through this financing applicants can get money in impossible situations by bank. Which is certainly one of the reasons why people request this financing. It is not the only thing that is all said, in fact this type of credit has one of the best business loans seen in the market.

What are P2P loans?

What are P2P loans?

They are credits between individuals where both creditor and debtor are people. Instead of being the creditor a financial entity (bank, financial establishment) they are private individuals. For this reason, they are called this way.

Not only this way, if we talk about private, private or private equity loans, we are talking about the same type of financing. The difference perhaps is that people associate p2p loans with other types of credits. Many times this financing is actually associated with crowdlending or crowdfunding.

That is, a type of credit for entrepreneurs where the person who asks for the money is a company / entrepreneur.  They are also lenders who lend the only thing is that they do it not so much on the basis of guarantees but on the basis of the business project.

Characteristics of p2p credits signed by people

Characteristics of p2p credits signed by people

When talking about these credits, the first thing people want to know is their characteristics. They want to know to decide whether or not they might be interested in carrying out the procedure.

From Spin Lender what we can say is that everything depends on the processed product. In the same way that there are private loans without collateral, there are also those that will require guarantees.

Now there are a series of characteristics that if we see how they are repeated in all p2p loans

  1. They are always faster than those signed by traditional financiers. In this way they can be seen as fast loans .
  1. The processing of the same will always be carried out on the internet.At least what is the processing of the credit because the signature if it is in person many times.
  1.  The APR of these loans between people is usually higher than that seen in banks. However, this cost difference has been decreasing in recent years and is currently small.
  1. These loans are offered by private financiers and financial platforms.
  2. There are business loans and loans for individuals.
  3. They can be processed in situations of all kinds, not having as many problems as instead if we see in a bank. It is possible to obtain financing being in Financial Credit Institution, without demonstrable income or not having financial stability. Even so, from Spin Lender we recommend that clients consult in advance as each loan is different. That there are loans with Financial Credit Institution within the p2p credits does not mean that all of them can be processed in this situation.
  1. They can be considered as loans without paperwork because compared to other financial companies, little is requested.

Requirements to obtain financing between individuals

Requirements to obtain financing between individuals

Despite being an increasingly recommended type of loan, not everyone will be able to apply for this financing.  Whether you are a company or an individual, you are interested in reading this section if you have in mind to request one of these particular loans.The requirements of this financing may not be as high as that of the banks, but they also apply. 

Among some of the main ones we can point out:

  1. In case of being a company you have to go to a Crowdlending financial platform also having to have a business project . If you do not have any project do not go to any of these platforms because it will be a waste of time. Having a business plan, feasibility study is mandatory for all companies and entrepreneurs who want to obtain loans without collateral. If you do not want to provide such documentation, what you will have to do is process with a guarantee where it will not be necessary.
  1. For medium or high amounts it will always be necessary to provide guarantees. P2p loans being private lenders who lend is something that they will demand from a certain amount. In amounts less than 6000 USD if it is relatively easy to get without a guarantee. When the amount is higher the situation will be different.
  1. If you want to obtain financing without a guarantee, it is necessary to have demonstrable income of some kind. It does not matter if they are low income, if you can justify something welcome it is. The most complicated thing is to get loans if you do not have any kind of proof of income. Before if it was possible, nowadays after the changes in the financial sector it has become more complicated.
  1. Financial Credit Institution may or may not be a problem depending on the credit processed. If you provide guarantees it is indifferent, it depends on personal loans. There are some that can be signed while in a register.

Who goes to peer-to-peer loans?

Who goes to peer-to-peer loans?

All kinds of people do it, also those who by bank could obtain financing. There are also people who turn to this financial alternative because they think that by bank it will not be approved but they are the least.

A significant percentage of those who resort to this financing do so for other reasons. Speed ​​is, in our opinion, the main one of all of them because the difference in terms between financials between people and banks is abysmal.

Just as a private equity mortgage can be signed in 7 days a bank mortgage we speak of months. This difference at the end is noticeable and marks one before and after in the financial sector.

Advantages of private loans

We can talk about the possibility of signing complicated loans as the option of obtaining financing for companies . As for the processing requirements, they are also small, thus being fast loans without paperwork.

And what are most people looking for today when they are looking for a loan?  So we have been able to check speed, ease and little paperwork.

Credit and loan – what is the difference between a loan and a loan?

Every day we use the terms “loan” ( cash loan ) and “loan” (cash loan) interchangeably. We take out a loan for a flat or a car at the bank, although it is usually a bank loan – mortgage or housing loan and car loan, respectively. Are credit and loan one and the same? It turns out not. Contrary to appearances, there are several quite significant differences between these products.

What is the difference between a loan and a loan?

What is the difference between a loan and a loan?

At first glance, the terms loan and credit mean the same thing. However, they cannot be used interchangeably because they have a different legal basis and subtle differences in meaning.

For example, a cash loan is granted under the Banking Law only by banking institutions, and the legal basis for granting loans is the Civil Code, which is why any natural person, entrepreneur or even a bank can grant loans to customers. However, this is not the only difference between a loan and a loan – the others can be found in the table below.

Credit and loan – legal regulations

Credit and loan - legal regulations

The loan agreement is a financial agreement regulated by the provisions of the Civil Code. The code also regulates the amount of maximum interest.

In art. 359 it was established that if the amount of interest is not otherwise specified, statutory interest is equal to the sum of the reference rate of the National Bank of Poland and 3.5 percentage point, and the maximum amount of interest resulting from legal action, including from the granted loan may not exceed twice the statutory interest rate per annum. Currently, when the Good Finance reference rate is 1.5 percent, the maximum interest is 10 percent. per year.

For loans, especially those granted by non-bank companies, the Civil Code is the most important legal act. However, loan companies must also comply with the provisions of the Act of May 12, 2011, on consumer credit, which includes provisions regarding fees and commissions, the possibility of withdrawing from the contract and the need to inform the customer about the most important product parameters, including the actual annual interest rate (APRC) ).

In addition to the Civil Code and the Consumer Credit Act, there are also provisions of the Banking Law Act and other legal acts directly related to a specific type of loan (e.g. the Act on Land and Mortgage Registers and Mortgage for Mortgage Loans).

Credit and loan – parties and subject of the contract

Credit and loan - parties and subject of the contract

Credit is the domain of two types of institutions: banks and cooperative savings and credit unions, i.e. banking institutions in total. They are under the supervision of the Polish Financial Supervision Authority (KNF). In Poland, KNF approval is required for every institution that wants to grant loans.

The loan agreement, in turn, can be concluded by any two parties, not only the bank and its client. They can be two private persons, they can also be companies not supervised by the PFSA, such as non-bank loan companies.

All non-bank loans, including payday loans, are, in essence, loans rather than loans, although they are often referred to in this way. They have no specific purpose and are not subject to either the banking law or PFSA supervision.

Social loan services, i.e. platforms that associate a private lender with a private borrower, work similarly.

The subject of the loan agreement can only be money, as opposed to the loan agreement, where it can also be things specific to the genre.

Credit and loan costs

Each time the loan agreement is a paid agreement, which means that the customer always has to pay the bank for granting the loan. A commission is usually paid for joining the loan (for its granting), credit interest and fees related to repayment of the loan or establishing its repayment security.

The loan agreement may or may not be payable, as the best example is free cash loans. The parties may agree that the loan will be made available free of charge.

Purpose of the loan and loan agreement

Purpose of the loan and loan agreement

In the vast majority of cases, with bank loans, customers must specify in the loan application and in the loan agreement the purpose for which they want to receive money from the loan. The bank has the right to know and control the distribution of the loan amount by the client.

If it turns out that the money was spent not in line with the purpose set out in the loan agreement, the bank may require the customer to repay the entire amount of the liability.

The same situation is completely different in the case of loans. Borrowed money formally becomes the property of the borrower, so he can spend it for any purpose.

Duration of the loan and loan procedure

While a cash loan can be obtained from a non-bank company even within 15 minutes of submitting the application, the credit process at the bank when granting the loan may take several days. With high-value mortgages, the duration of the loan procedure is extended to several weeks.

Extending the time to make loans available is due to the fact that banks must carefully examine the customer’s creditworthiness and creditworthiness, collect employment, earnings and income certificates, and then verify them. They are also required to control the client’s credit history at the Credit Information Bureau, and unfortunately, it all continues.

In the case of loans, the procedure for making funds available is maximally simplified and therefore shorter. The most time can take the verification of the customer’s identity by means of e.g. a transfer for a symbolic amount: USD 1 or USD 0.01. However, there are companies that will grant loans without transferring a penny.

Real estate loan: borrowing at 1%, the new standard?

The return of September is also the return of the real estate market. Credit brokers say banks are being offensive with further rate cuts to lure borrowers. So that credit at 1% is no longer a good deal but a standard in the making, even over the longest durations.

From 1.43% in February 2019, on average and all durations combined, to 1.17% in August 2019: the Credit Housing-CSA observatory confirms the exceptional level of real estate rates. The records are broken every month, but rates have also been clearly falling in recent weeks. Even if it delivers data with a certain delay, the Banque de France confirms this new drop-out: an average fixed rate of 1.35%, all durations combined in July, against 1, 51% in March.

More concretely, in this back-to-school period, the banks are once again posting declining borrowing rates, in order to seduce borrowers. To summarize the purpose of brokerage networks having published a barometer in early September, banks offer on average and without negotiation rates around 1.10% over 10 years of 1.30% over 20 years and 1.50% over 25 years.

Average rates charged in banks in September

Average rates charged in banks in September

Average rates, or market rates, based on the scales provided by the banks. These are only the rates observed, and not the rates negotiated by these brokerage networks.

Like every month, the averages announced vary from one broker to another. But all note a decrease of 0.05 to 0.10 point, approximately, for the average scales in September.

Beyond the three networks mentioned above, Fine Bank announces banks on the offensive in September (1.05% over 15 years, 1.25% over 20 years and 1 , 50% over 25 years on average), and the Central Finance Office reports a steeper decline in loan terms of 20 years, to 1.14% on average, against 1.42% on 25 years.

One observation: if the banks agree to lend over 25 years, or even more, this loan duration intended for more modest households and new owners remains the least attractive. , with a slightly higher rate.

A shy renegotiation window

A shy renegotiation window

With rates falling ever lower, brokers logically record increased activity on credit redemptions and renegotiations. Some borrowers are now buying recent loans, from 2016 or even 2017, which were considered to be loans obtained at record rates at the time. around 2%, says Sandrine Allonier, spokesperson for Good Finance, a network where requests for renegotiations increased by 40% in summer 2019 compared to 2018. Today these credits can be renegotiated to less than 1%! The biggest winners are those who renegotiate over short periods of time, at rates sometimes below 0.5% over 7 or 10 years

Alban Lacondemine, founding president of Loan-Direct, confirms that the significant rate reductions for the best files, in this return, allow to restore the appeal to the operations of repurchases of credit or renegotiations.

According to Banque de France statistics, the share of redemptions and renegotiations in the flow of credit files went up again in July: they represent almost 20% of files, compared to 17 % approximately in previous months.

Flat calm, new record or negative rates on the horizon?


And then? Will rates go lower and lower, even if they are already approaching the floor? “ September 12, 2019 will be a pivotal date, ” insists Sylvain Lefevre, president of the Central Financing Office. The Capital Lender should indeed announce its measures to support the economy, which should prove to be very accommodating and move in the direction of the further decline in rates. Up to negative rates? The rates, now lower than inflation, already allow for enrichment through credit.

More extreme models, such as those applied in particular by Japan and by Germany have not so far proven themselves, and our French banking system is not not ready for such a shock.

Philippe Taboret, Deputy General Manager of Agree bank, also points to the crucial day of September 12 in his rate meteo, and is very optimistic for borrowers: In view of the political announcements and the market trend, by the end of the year all banks should align themselves with rates below 1% up to 25 years, and this, whatever the profile of the borrower. s by our banking partners. All the same, it slips a forecast for September or even fall: The rate at 1% could become the norm in the coming weeks.

Loans to cancel foreclosures and paralyze executions.

Among the different private loans available in Across Lender, loans to cancel foreclosures are a reality.  While by traditional finance companies this would never be possible for private capital if it is. Being also one of the advantages of processing these private credits over other options.

Traditional financing, being the one we see in banks, is not a solution in these cases.  It is through financial companies and private lenders that we can freeze liens.  If you need to obtain financing of this type, here at Across Lender we explain how it works.

Where to get loans to cancel foreclosures?

Where to get loans to cancel foreclosures?

From our website we in such a situation would recommend the loan to pay debts.  It is the one we usually use when clients need to settle an unpaid debt. As for unpaid debts, they can be of all kinds. Financial debts for unpaid loans, debts with the state, commercial debts between companies.  Our loans to cancel foreclosures can be valid in any of these situations.

Being private equity loans this means that default situations will not be taken into account.  That the client is included in some delinquent registry for example does not have to be a problem.  However at Across Lender we also have to clarify that everything depends on whether or not guarantees are provided.

Let me explain, the credits to freeze embargoes usually require guarantees. This is because the lenders ask for it. Being by the way what we are going to explain in the next point.

Characteristics of credits to freeze embargoes

Characteristics of credits to freeze embargoes

If you want to cancel an embargo on finances, social security, with a financial or any other type, this is the option that you are interested in processing. Now, the first thing is to know the characteristics of this financing to see if you can process it or not.

Because not everyone will be able to access this financing given the characteristics of these credits.

  1. Being difficult loans, almost always will have to provide guarantees. No lender is interested in making a complicated loan except by providing guarantees to the client.
  1. The financing is destined to the cancellation of debts.
  2. It is the client who receives the money, then taking care of the cancellation of the embargoes he has. At least as long as the liens are not affecting the warranty used.  If there is a lien on the property that is put in guarantee, this task will be carried out by the financial institution itself. It will do so through the payment letter issued by the creditor.
  1. They are usually signed by a mortgage.
  2. Those who offer this financing are private equity companies along with lenders.

What types of embargoes can the financial company cancel?

What types of embargoes can the financial company cancel?

The good thing about private financing is that it is valid for any situation. No matter what type of embargo the client has, as long as the operation is viable it can be signed.

We can talk about different types of embargoes finding all of them a solution for private capital:

  1. Finance foreclosure loans
  2. Social security liens
  3. Financial liens
  4. Garnishments on debts with commercial companies

All these situations can be solved through the corresponding loans.

Then it is the customer’s decision whether they prefer to cancel the debts on their own or want the financial company to carry out some management in this regard.  If you want the finance company to take steps, what it will do is request the letter of payment from your creditors.

With this information, a notary public goes to the public deed stating where the credit money will go. As you can see the procedure itself is very simple, being nothing out of the ordinary.

Lenders’ opinion when paying debts

You already know our opinion very well when defending the use of lenders in this type of situation.  Being able to get loans to cancel foreclosures, auctions and others make them useful financing.

And although it is true the APR of your credits is higher than the bank we cannot ask that they be perfect credits. Therefore the opinion that we have in Across Lender of the credits for embargoes is positive.