Consolidation of Loans | Credit Card Debt Installment How?

How to make credit card debt installment, credit card debt payment transactions and credit card debt configuration, credit card debt installment? we will give detailed information about credit card debt installment and configuration procedures in the following article.

In the declaration issued by the Banking Regulation and Supervision Agency ( BRSA ) in the official newspaper, all banks have the right to restructure and install their credit card debts by revealing their own profit and interest rates. No matter what credit card you use at this point, in case of high debt, you have the opportunity to contact with banks to configure and transfer your current debt to a much wider installment system.

This can also become a versatile advantage for both banks and card users. Likewise, people do not have troubled periods when paying their debts, and banks reach a more efficient order both financially and communicatively with their customers. At this point, we want to provide you with some information about the application stages to install the credit card debt. Credit card debts are structured in the same way in almost all banks.


Credit Card Debit Installment How?

Credit Card Debit Installment How?

The installments of the credit card debts are made according to the conditions determined by the banks where the current debt is. In other words, there is a system put forward by banks in this regard. For this reason, it may be possible to say that each bank has developed its own unique application and that these applications have changed from bank to bank. However, it should be kept in mind that many banks are proceeding with a basic criterion in credit card debt restructuring.

The credit ratings of credit cardholders also decrease in the installment stages of the debts accumulated in banks. The reason for this is the desire of the banks to avoid submerging in this borrowing system as in other loans. Long story short, banks will take the steps you will take to restructure your credit card debts completely and make your transactions quickly.

However, you may not be able to continue using the credit card after the installment of the debt. Some banks will close your credit card completely and install your debts. If the debts that are already delayed proceed to the execution process, the credit card is automatically closed.


How Many Months Installment?

How Many Months Installment?

Bank of existing credit card debt there are up to 48 months installment and configuration facilities. However, credit card installments have only 12 months of installment and 48 months of configuration. You should always consider the distinction of these two elements. It is also important that you pay your debts on time to improve your credit rating.

Credit card installment is always important for the citizen. Particularly, the stages of payment of a product that is purchased over the internet in advance by dividing into installments appear more attractive. In such cases, you can start the installment phases by contacting the related personnel of the banks.


How to Configure Credit Card Debts?

How to Configure Credit Card Debts?

Generally speaking, each bank has a range of options for its customers. In terms of these options, you can configure your current debts up to 48 months and start paying within a regular system. However, in order to ensure that your credit rating does not fall, we consider it important that you pay your debts regularly on a day-to-day basis by complying with the existing systems of banks. How to install credit card debt?

You can say that you want to configure your card debt by calling your bank directly by phone or visiting your branch in the same way. Credit card debts may not be taken into the configuration process by call centers. Therefore, it will be the most logical and fast way to visit the branches. You will be informed about your transactions by telephone within 1 to 2 working days. After you configure your credit card debt is paid in installments you pay your installments in case you need to forget the past will be considered unpaid.

4 tips so that death does not make you indebted

Soon we will celebrate our deceased children and adults in Mexico, on days 1 and 2 respectively. On this holiday the Mexicans receive their dead with the traditional altar, where they are delighted with their favorite dishes, drinks, desserts and some vice they had.

Mexicans to death call him “catrina” “calaca”, “bony”, “skinny”, “grim reaper”, etc. And when he dies, he is told to “petate”, “stretch his leg”, “peel”. This is how Mexicans worship death. In 2008, Unesco declared the Day of the Dead as Intangible Cultural Heritage of Humanity.

However, despite being so aware of death and knowing that, it is the only sure thing you have in life, paradoxically you have neglected the financial part to face it when the time comes.

It is thought that one is immortal, that it takes a long time to get to knock on the door, or simply dodges out of fear, without a doubt, it is a sensitive issue. And for those same reasons, it would be necessary to provide for family care.

# 1 Talk about death

# 1 Talk about death

It is imperative to discuss this in order to design a savings plan to cover the expenses that result from the death of a family member.

# 2 Save


Target a certain amount for this fact that will be irremediable, do not leave worries. If in life you always procured his well-being , in death he would not have to be the exception.

# 3 Hire funeral services

Prevention is the common denominator for any adversity. Therefore, it is important that you quote packages at the different funeral homes because doing so from one day to the next could be more expensive. Since the mind is in other situations, and not necessarily in the care of the economy.

The list of expenses is made up of transfer, coffin or urn, burial or cremation, flowers, wake, coffee, bread, among other expenses family members have to face.

# 4 Hire insurance

# 4 Hire insurance

Most insurances have funeral expense coverage . Quote which one suits you, but if you’re flat and you’re not sure where to start; A good tool is to use a service comparator.

Consolidation Loan – A non-bank execution loan as a solution to problems?

Although it seems that a quick loan to repay a loan is a quick solution to problems, the opposite is true. Over time, you will find that you owe even more than at the beginning. Indeed, the indebted client no longer lends responsible institutions and those irresponsible only at high interest.

Mrs. Anna, who borrowed CZK 200,000 and at the end owed a million and lost her house, was convinced . She sent her story, which includes rogue creditors and the addictiveness of loans, for publication. She wanted it to serve as a warning to all those who would find another non-bank loan a suitable solution for an older loan. Because it’s not.

Mrs. Anna has repaid loans with loans and today she has nothing

Consolidation Loan

Mrs. Anna comes from a village where she lived with her husband and daughter in a family house by her parents. The house needed repair, so Mrs. Anna took a loan of 200 000 CZK. They repaid the loan with her husband in order, but they didn’t have much extra money.

When her daughter later announced that she was going to get married, her parents wanted to dress her up for a wedding. It occurred to them that another non-bank loan could help – this time CZK 300,000. They thought they would pay the wedding and the previous loan.

But so much money in her account attracted Anna, and so she gave much more money for the wedding than she originally wanted. The previous non-bank loan thus remained unpaid and, in addition, repaid one higher. However, the installment money was missing and so it stopped paying electricity.

When they disconnected, they took another loan and the debt gradually climbed to one million crowns. Mrs. Anna lost her house from her parents and now she and her husband live with her daughter in a small apartment. She applied for debt relief and is still awaiting a verdict.

The execution loan does not stop the debt spiral

Consolidation Loan

Doubtful providers offer a so-called execution loan, but fortunately, Mrs. Anna resisted. Although it was a difficult decision, she gave up the house and property. But now he has a chance to start a new life without debt. The execution loan is nothing more than another non-bank loan to repay the loan and you will not stop the debt carousel with it.

This product is offered by providers who only benefit from the unfortunate life situation of borrowers. Their interest certainly not helps, on the contrary, they are susceptible to your property when you are behind the door executor. Therefore, do not forget the basic rule that repaying a loan with a loan is not a solution.

7 tips for safe money lending

Consolidation Loan

Any non-bank loan should not be considered without thought, and although many articles have been written on this topic, it will certainly not hurt to recall the most important advice:

  • Do not borrow more than you can repay.
  • Borrow only the necessary things.
  • Read the terms of the agreement carefully.
  • Borrow only from trusted institutions.
  • Keep a reserve in case of loss of income.
  • Solve repayment problems as soon as possible.
  • And most importantly – do not repay loans with loans.

Myths about loans

Applying for a personal loan or for your business lends itself to many rumors or ideas that are shared and that are not necessarily 100% accurate.

Before requesting a safe one you go with your neighbor or relative to ask for their opinion and they are likely to answer something that they also heard that happened to the cousin of the neighbor of her sister’s boyfriend. We want to clarify some false beliefs about these services:

Ask for a loan only when you have little money

Ask for a loan only when you have little money

Many people believe that applying for a loan is only a good idea in emergencies, “when you really need it,” when in reality it should be the other way around. Wouldn’t it be better to request one when you have healthy finances and can pay what you asked for? This way you could grow your business or get what you need without borrowing.

It’s about changing your approach to loans, but you would change it to a more beneficial one for you and your projects.

Have a loan is expensive

Have a loan is expensive

This depends on the amount and term you request, since the interests, which often do not make you clear at the beginning, make you end up paying much more than what you requested.

Obviously, but at this time when we have access to more information thanks to the internet, knowing which loan is the one that best suits your needs and abilities makes us live in time when you can make the best decisions.

Getting a loan is difficult and time consuming

Getting a loan is difficult and time consuming

Of course we would love it to be immediate, but have you tried to take out a loan at a bank or other type of financial institution? They almost asked for your grandpa’s dog’s blood test. The fact that with a loan like Good Credit you can receive authorization in up to 48 hours would be inconceivable in some other financial institution.

Hopefully, having some false myths about loans help you to encourage yourself to apply for yours. Once you are convinced you can enter here to apply for your loan now of up to $ 10,000 without guarantee and even your home. That is not a myth.