Consolidation Loans Programs -Zoovideosite.Com / Sat, 07 Mar 2020 07:54:38 +0000 en-US hourly 1 Debt loan – what is it? /debt-loan-what-is-it/ Sat, 07 Mar 2020 07:54:38 +0000


The results of statistical surveys prove that we are increasingly using all forms of financing of investments and purchases. Advertisements of banks and non-bank loan companies tempt with the attractiveness of their offers and the simple form of concluding loan agreements. Therefore, we are happy to make our dreams come true and repair our budgets with external financing. Excessive amounts of liabilities incurred, lack of caution in concluding contracts and unforeseen random situations may become a source of loss of financial liquidity.

When is it worth using a debt loan?

When is it worth using a debt loan?

Life is full of surprises, the effects of which we are not always able to predict. It happens that the only way to settle your existing obligations is an additional loan, then another credit card, then another loan. The accumulation of liabilities may lead to loss of fiscal sustainability and we problema associated with logistics support for all liabilities. Sometimes a small stumble is enough and new problems are born. In the end, it turns out that we are falling into a debt loop, which we are no longer dealing with. At this point, it would be best to consolidate all liabilities into one repayable debt. However, this is not always possible. We lose our creditworthiness as a result of delays with repayment of subsequent obligations. Each request for a new loan at a bank or loan company entails changes in the credit history records in credit checker. This means that the conditions for obtaining additional financial support are becoming more and more excessive, and the unsuccessful credit checker report, whether it effectively prevents their acquisition or consolidation. A debt relief loan can be a salvation for this situation.

What is a debt loan and who can apply for it?

What is a debt loan and who can apply for it?

Loans and debt relief loans are designed to permanently heal the client’s financial position. This is an earmarked loan, intended for the repayment of the entire existing debt. A detailed financial analysis makes it possible to determine one installment, adjusted to the borrower’s condition, installments of all liabilities and spread their payments over repayable, extended loan period. It can be used by anyone in a difficult debt situation and adverse credit history, or even in debt collection and debt collection proceedings.

What documents should be prepared when applying for a debt loan?

What documents should be prepared when applying for a debt loan?

Applying for a debt loan requires meeting certain conditions.

  • It will be necessary to provide documents confirming the borrower’s identity.
  • Filling out the statement regarding the financial situation and sources of earning. When concluding a contract with a banking institution, it usually has to be confirmed by the employer’s stamp and signature, or by attaching a PIT declaration.
  • Documentation of having an active bank account and receipts existing in the account.
  • A detailed, real and contractual description of your current debt situation. This involves specifying the total amount of debt, number of existing creditors and their names and kwo this period, and the resulting debt to each of them.
Problem with loan repayment, what to do? /problem-with-loan-repayment-what-to-do/ Thu, 13 Feb 2020 16:53:14 +0000

Very often, when we enter the so-called adult age, we are forced to take a loan. For some it is a temporary solution that will stabilize the household budget, for others it is the only way to own a flat. Credit installments are often quite high amounts that have to be repaid on time.

While in the case of small loans with a short repayment period, we are able to predict our financial future, when it comes to housing loans, often extended for several dozen years, it is hard to be sure of our future. What to do if we are unable to pay back the next loan installments?

How to get out of trouble?

How to get out of trouble?

The most important is dialogue with the bank. There is nothing to pretend that the problem does not exist. We should remember that the bank also wants us to pay our debts, which is why we are able to work out an appropriate solution to the problem with it. Let’s report to the bank and let him know about our problems.

Cases of this type are considered individually and there is no single path. Most often, we can expect a proposal to suspend the repayment of installments for a few months, which will allow us to light financial reflection. Another option that is often used is to extend the repayment period so that we can pay off the lower loan installments. You should always talk to the bank, this is the only way to a sensible solution to the problem.

What else?


If we do not inform the bank about our problems and we do not pay the installment, then first of all the bank will start charging penalty interest from the first day of delay. The next step is to contact us to clarify the situation. There are prompts, a phone contact, information displayed on our bank account (when trying to access the Internet).

The last step is the termination of the contract by the bank, which results in the recovery process. This is the worst possible solution, which is why dialogue with the bank is so important. Inability to pay your debts is an extremely uncomfortable situation, but we must resolve it in the best possible way.

Loan for part – time workers /loan-for-part-time-workers/ Thu, 23 Jan 2020 16:52:31 +0000


Part-time workers have to settle for a lower income. This is not always easy, because when larger purchases have to be made, the money is usually missing. The situation is different if a fully working partner is available. Nevertheless, a loan may be necessary for part-time workers. Not every bank is ready for this. Credit calculators on the Internet can be used to find cheap loans that are also suitable for part-time workers.

Loans for part-time workers

Loans for part-time workers

Many part-time workers ask themselves whether they can even get a loan. However, it depends on the personal situation of each applicant whether a loan is granted to part-time workers. Having a part-time job does not necessarily mean a low income. It also depends on the professional position of the employee how high the monthly income actually is.

In a managerial position, of course, a different salary can be expected than a normal employee in a non-managerial position. Therefore, the question of a loan for part-time workers cannot be answered across the board. It is therefore always worthwhile to take a look at the offers of the direct banks, which also offer better conditions than the branch banks.

What else to consider?

What else to consider?

Before the banks make a loan approval, they first check the data in the credit rating, and if there are no noteworthy entries, there may well be a loan approval. However, this is only successful if the income has exceeded the garnishment exemption limit. With a good position in the company, an employee can have a minimum net income of around 1,100 dollars. This is enough for a loan approval if the loan amount is not too high.

Loan for part-time workers through installment purchases in retail

Loan for part-time workers through installment purchases in retail

Ultimately, it depends on the purpose, but trade also offers financing. If the washing machine, the TV, the computer or the car breaks down, this can also be financed through trade. In the latter case, however, the income is checked. But in the multimedia markets it is sufficient to be able to present a card. The seller then also checks the credit rating, but nobody asks about the income here. Smaller things can be financed in installments without the income playing a role.


How to Prove a Debt Is Not Yours /how-to-prove-a-debt-is-not-yours/ Tue, 21 Jan 2020 17:01:26 +0000

Collection agencies are quite serious. These companies, hired by other companies, have the responsibility of collecting arrears. Debt collectors have a number of tactics they can use to collect a debt from you, such as calling, sending letters, listing the debt on your credit report and completing to you. These are strong enough to deal with when the debt is yours, but what do you do if the collection account is not yours?

The incorrect collection may be the result of someone opening an account in your name and not paying the bill.

money saving

Sometimes debts are paid to collections by accident. And, in some cases, unscrupulous collection agencies make fake debts hoping consumers will be scared to pay without ever asking if the debt is real. If you have doubts about whether a debt is yours, it is important to follow the correct steps.

Sometimes debts are paid to collections by accident. And, in some cases, unscrupulous collection agencies make fake debts hoping consumers will be scared to pay without ever asking if the debt is real. If you have doubts about whether a debt is yours, it is important to follow the correct steps.

Determine If the Debt is Yours

Do not assume that because the collection seems strange and you no longer know with an account with that creditor that the collection is not yours. There is always the possibility that a bill slipped through the cracks or that you simply did not recognize the name of the original creditor. For example, a loan may have been sold to another manager. Or, in with retail credit cards, the bank that has a credit card has a different name than the store you signed up for with the credit card.

The two most important terms for debts

debt saving

The amount of effort you put into debating the debt depends on how much the action of the collection agency against which you can take to take the debt based on the credit reporting time limit and the statute of limitations for your state. The credit reporting time limit is the maximum amount of time that a debt can be reported to the credit bureaus; it is 7 years after the last date of delinquency for most accounts. In 2017, for example, collection agencies cannot report debts from 2009.

The limitation period is the time that a debt is legally enforceable. Simply put, it is the amount of time that a collection agency can use the court to force you to pay a debt. It is much less likely that a collector will sue you once a debt is outside the statute of limitations. Of course, you will have a great defense if the collector has sued you – the fault is not yours.

Dispute the debt with the Collection Agency

You have the right to request proof of debts from collection agencies if you have to pay. Once you have requested the evidence, the collection agency has to stop collecting efforts until it can prove that you are to blame and that the collector is in his right to collect the debt. This means no more calls, letters, credit bureau updates, and no lawsuits.

You can dispute a debt with the collection agency by sending what is known as a debt validation letter. In this letter it simply says that you do not believe that the debt is yours and that the debt collector must provide proof of the debt to you. Send your letter via registered mail so that you will have proof of when the letter was sent and received.

Check if your credit is affected

debt saving

If collection agencies are contacting you about a debt, there is a good chance that the debt has been reported to the credit bureaus. Check a copy of all three of your credit reports to check if the collection account has been reported to the credit bureaus. You must check all three, because some collection agencies report to all three agencies, while others report to only one or two.

Collection accounts can hurt your credit score, keep you from being approved for credit cards and loans, and cause you to pay higher interest or deposits on accounts that you have been approved for. It is one thing to damage credit for collection accounts that yours are suffering. It is unacceptable to have credit issues for collection accounts that do not belong to you.

Dispute the debt with the credit bureaus. You have the right to an accurate credit report, which means that you dispute collection accounts that are not yours. Write a letter to each of the credit bureaus that shows the incorrect collection on your credit report. Explain that the account does not belong to you and copies of any evidence that you support your claim.

Why you can’t just ignore the Debt

Out of sight, from the heart is not necessarily a good strategy for dealing with collection, even collections that are not yours. If the debt is not on your credit report, is beyond the credit reporting time limit and is outside the statute of limitations, you have less to worry about. Even if all of these are true, you cannot be mistaken that the debt collector will not reset the age of the debt and add it to your credit report. Or, they may file a lawsuit anyway with the hope that you will not appear in court and they will win an automatic judgment against you.

You can stop a collection agency from calling you with a simple cease and desist letter.

debt saving

The name sounds like luxury legal jargon, but the letter is very simple. In the letter, you just have to request that the collection agency stop contacting you regarding the debt. Once the collection agency receives your letter, it can only contact you once more to let you know which action, if any, the collector will take next. After that, it’s against the law for that collector to take you over that debt. Send your letter via registered mail and you will be able to keep track of when the collector receives.

Note that asking the collection agency to stop calling you is not stopping the use of other collection tactics – such as filing a lawsuit or listing the debt on your credit report. It is best to let the collector know that the debt is not yours, a proof of any payments you have made, or a request validation from the collector.

When collection staff Misbehave

dabt saving

You may be able to sue a collector who is still collecting a debt after you have followed all the appropriate steps to contest the debt and request validation. A lawyer with experience in dealing with debt collection cases will be able to tell you if you will have a valid trial and assist you further with court filings. You also need a lawyer involved if you are sued by the collection agency. Do this even though the fault is not yours so that you have the best legal defense possible.

Click here for the Consumer Financial Protection Bureau involved if the debt collector or credit bureaus do not respond well. For example, if the debt collector continues to collect you, after a failed attempt to respond to your debt letter validation or if the credit bureau continues to list the debt on your credit report after you have disputed it. 

Credit despite minus on the account. /credit-despite-minus-on-the-account/ Sun, 29 Dec 2019 16:50:44 +0000

Many people wonder whether a loan is possible despite a minus on the account. When answering this question, different fractions must be taken into account so that no clear answer can be given.

Credit conditions

Credit conditions

A loan from a German bank or savings bank can only be granted if there is a regular income and if the private credit checker information does not show any negative entries. If these conditions are met, a loan should be possible in principle despite a minus on the account. The chances are particularly good if all or part of the loan is to be used to make up for the minus in the account.

If the income is high enough, the customer can contact his house bank and ask there to set up a new or extend an existing overdraft facility. If you do not want this and prefer an installment loan instead, you should inquire about the maximum loan amount and what the interest and monthly loan installments are. The term of the loan also plays an important role.

Application, approval and repayment

Application, approval and repayment

The application process for a loan despite minus on the account does not differ significantly from the application process, which is also common for another bank loan. If the bank has a branch, the loan application can be submitted personally. Otherwise, the application via the Internet would be the appropriate way. The creditworthiness is checked on the basis of various documents. Whether the minus on the account plays a decisive role depends on what the other credit requirements are.

A secure income, a permanent employment contract and a positive private credit checker information should be given in any case. A specialty is the installment loan, which is to be used to compensate for the negative balance in the account. As a rule, it has the consequence that an overdraft facility – if it exists – is canceled and that the account may not be overdrawn until the loan has been repaid in full despite minus on the account.

Debt Register: Therefore, you should check the debt register /debt-register-therefore-you-should-check-the-debt-register/ Mon, 16 Dec 2019 17:07:49 +0000

When the banks are to grant new loans, it is now obliged to check the information in the debt register. Earlier this year came new rules, which say that you as a customer will not be granted a loan if you have more than five times the annual income in total debt. The Debt Register helps banks to follow up on this rule, in addition to helping banks to quality assure the information provided in the loan application. But what does this mean for you as a customer?


1. You may be denied your loan application when you apply for new credit

loan application when you apply for new credit

If you have more than five times the annual income in debt, you will not be granted a new loan or credit card. The register ensures that banks do not lend money to customers who are not eligible for more loans. This is also an added security for you as a customer, as this will help you to service the debt you have. The new register, on the other hand, does not show mortgages or other pledged debt.


2. You should delete open credits that are not in use

If you have an unused credit card lying around, you should delete it now. The credit limit on the card is considered as part of your total debt, which creates problems for you if you later wish to apply for a new loan or credit card. To terminate a credit or credit card, you must contact the bank through which you received the credit to cancel it. You can find an overview of all open credits in the debt register.


3. You can get a better overview of your loans.

debt loans

The Debt Register helps you get an overview of all the debts you have, so it can be a great opportunity to clean up the economy. If you have many small loans, you should apply to refinance everything in one loan. You save money on refinancing, while getting fewer bills to keep track of. It is your total debt that has something to say when applying for a loan, but it looks more neat if you have a larger loan with a bank, than many small loans.


4. The register is updated daily

The debt register is constantly updated, so if you have canceled a credit this will be visible in the debt register shortly. If you are in the process of applying for a new loan or credit card, this will not slow down the process very much – if you immediately delete debts and credits that are not in use.

There are three different debt registers in Norway today, Norwegian debt information and Exporian Financing. Your debt information will be registered on all sides. In order to terminate a customer relationship, it is important that you contact the financial institution you are the customer in to terminate. It is never enough to cut the card in half.

What is a black hole in debt? /what-is-a-black-hole-in-debt/ Wed, 11 Dec 2019 17:39:05 +0000

You may have seen the photo of the black hole rolling over the internet. But come here, do you happen to know what a black hole is? As a very important object of science study, black holes are surrounded by a mysterious air, and when we think about it, imagination goes a long way. And have you ever fallen into a black hole in debt? Yeah, this is more common in our day to day, but as strong as it is and pulls you in, don’t worry, we help you out!

On Wednesday, 04/10, a black hole was photographed for the first time. The team consisted of 200 researchers from around the world, led by Amanda Claw, an American scientist. After years of work, they were able to record the image of the black hole that is 3 million times larger than Earth. It is also important to emphasize that such an achievement has empirically provided by Albert Einstein’s Theory of Relativity, according to which time and space are relative, as well as the mass of a body and its energy are related.

What is a black hole in debt?


But after all, how is a black hole made up? Well, it is the result of a large amount of mass concentrated in a small space. Moreover, because of its extremely strong gravitational field, everything that comes close to it is attracted, including light. Once inside, the light fades, which explains the dark center. And where does this light come from? According to scientists, it comes from an overheated gas that falls into the hole.

Did you know that there is a limit point from which nothing comes out of the black hole of debt? And with debt is no different, is not it ?! We are sinking to the limit and we no longer know how to get out of that situation. But rest assured, that’s where FindmeCredit helps you. By registering on our site, you can receive up to 10 pre-approvals, which will get you out of this black hole debt like a rescue rocket. Joking aside, getting a loan can be a great option for those who need to rebuild their financial lives, renovate their homes, travel with their families or propel their businesses into space!

How to get out of the black hole of debt?


Like Amanda Claw’s team, you need to do a whole planning and study of your situation in order to know the possible options for getting out of the black hole of debt. To do this, start by writing all your inputs and outputs somewhere, be it a notebook or an Excel table. This will make it easier to see where your money is going, as well as where you can insure and save. It goes that every two saved dollars your bank account inflates, as the saying goes: “from grain to grain the chicken fills the talk”!

If you are in debt and wonder why the hell you would borrow even more, let me answer. Sometimes it pays to take an amount that can be repaid more often and at lower interest rates to settle an already acquired debt. Credit card or overdraft fees, for example, are abusive, and it’s not worth spending your hard-earned money on it. So if you plan, make a simulation here on our website and leave the worries behind! No more insomnia and get out of the black hole of debt.

FindmeCredit helps you!

We at FindmeCredit will help you if you are in a debt black hole. We work with three types of credit, they are:

1- Personal loan. As the most famous line of credit in Brazil, the personal loan does not require any collateral and has its rates starting at 2.0% per month. The whole process is fast, free and online here at FindmeCredit. When the loan is approved, the money goes into account within one business day.

2- Refinancing of vehicles. When you refinance your vehicles, you leave your car as a bank or financial guarantee. This gives you confidence in the institution in question and achieves lower interest rates and more installments. At FindmeCredit, you find rates starting at 1.69% per month.

3- Refinancing of property. This is the ideal type of loan for those who need large amounts of money to invest in their own business, for example. Here at FindmeCredit, rates are from 1.09% per month, and the loan can be up to 60% of the value of your property. In addition, the debt can be repaid in up to 20 years!

Compass Debt Consolidation – Is It Convenient? /compass-debt-consolidation-is-it-convenient/ Thu, 28 Nov 2019 17:20:57 +0000

The name Unica indicates the debt consolidation solution offered by Hardwork Nature Finance. It is a product aimed at helping those who have various loans already in place and who wish to make it easier to manage the due dates and repay the installments themselves by merging them into a single loan and having only the repayer in Hardwork Nature.


What does it allow you to do?

What does it allow you to do?

Let’s recap: as debt consolidation, Unica di Hardwork Nature, allows you to pay off the loans already in progress with other banks or financial companies in advance, to have only one loan with this bank of the Lendlink group. So there is an immediate benefit, which is given by the relief of having only one deadline per month to be repaid (even more useful if the repayment of the loans took place not with a bank account but with a postal bulletin).

In addition, by carefully choosing the duration, it is also possible to obtain a single installment whose amount is less than the sum of the installments that were previously repaid monthly and therefore economically easier to sustain.



debt condition

Although the information sheet is not available online, Hardwork Nature does provide some information related to its debt consolidation solution. In particular, on 10 October 2018, the following specific and/or general characteristics and/or advantages are available on the official website:

  • from the moment in which all the necessary documentation requested is delivered, rapid delivery times;
  • aged between eighteen and seventy years to proceed with the request;
  • maximum amount limit of up to $ 30 thousand;
  • customization of quotes and solutions, according to the amounts and economic needs.

For the latter aspect, we cannot even identify general economic conditions advertised on the site. To obtain need information, it is necessary to request a quote directly from Hardwork Nature. An operation that for some time can also be carried out online.


Request for quote and loan?

Request loan

That said, using the tool on the site (accessible by clicking on “Calculate your installment”) you can get a rough idea of ​​the economic conditions applicable also to the Hardwork Nature debt consolidation request. It is a simple procedure to use as it is enough:

  • indicate the amount you would like to ask for (provided it is between 5 thousand and 30 thousand dollars);
  • select the ‘ideal’ installment amount;
  • click on the red “Calculate” button.

In our case we have chosen 20 thousand dollars and an installment equal to about 350 dollars. The tool is accessible to everyone, customers and non-customers, much less login or access to a personal area.


What does it take to apply for funding?

debt consolidation

The debt consolidation loan for Hardwork Nature or another bank or financial institution imposes as a first condition the existence of loan installments already in progress. As mentioned, however, it is necessary that the applicant is also an adult but is not over 70 years old and has Italian residence (and not necessarily citizenship). Resident foreigners must be able to show an unexpired residence card.

When making an appointment by telephone, the operator generally remembers the documents that must necessarily be brought from the first meeting. These are indicatively represented by:

  • an identification document (driving license, passport and identity card are all fine);
  • the tax code or health card (as already said for foreigners also the residence card);
  • the documents certifying the income which are the paycheck for employees, the pension slip for pensioners, while for the self-employed the Unico model and the receipt certifying the payment of taxes has been requested.


Delivery and refund

refund loan

The sum granted is not paid to the applicant, but it is Hardwork Nature that extinguishes the other loans which it replaces with Unica. For reimbursement, on the other hand, it is possible to choose between a bank rid, or the payment of postal slips.

NB The reimbursement of the bulletins must also include the cost for each payment, so the APR will tend to be slightly higher.