newburydaylilies.comnewburydaylilies.com

Personal loan online - Personal loan November 2020

Updated on 17 / 11-2020
Amount: Loan amount:
1
Cofidis
$ 500 - $ 35,000 Loan amount 1 - 20.81% APR (from)
6 - 84 months Duration 18 years old Minimum
9.8 / 10 - Rating is based on user feedback, popularity of the organization, loan conditions and procedure
For a personal loan of € 10,000 (excluding optional insurance) over 48 months at a fixed APR of 3.30%: 47 monthly payments of € 222.45 and a final one of € 222.21. Total amount due of € 10,677.36. Fixed borrowing rate of 3.25%. »Address: Parc de la Haute Borne, 61 avenue Halley, 59667 VILLENEUVE d'ASCQ Cedex, T / +33 (0) 3 28 09 20 00
2
Zero Card
$ 500 - $ 5,000 Loan amount 6.04 - 20.6% APR (from)
4 - 60 months Duration 18 years old Minimum
9.9 / 10 - Rating is based on user feedback, popularity of the organization, loan conditions and procedure
For a credit of 1,000 US dollars (single use) made 31 days before the issuance of the invoice and a payment of the amount on the scheduled dates, you repay 35 monthly installments of 37.37 US dollars and a final monthly payment of 19.47 US dollars dollars at the APR of 20.60% (revisable borrowing rate of 18.88%, i.e. a monthly rate of 1.57%) for a total amount due of 1,327.42 US dollars. Total amount of interest due: 327.42 US dollars. Address: 9, rue Gabriel Lippmann, L-5365 Munsbach, Luxembourg
3
Younited Credit
$ 1,000 - $ 50,000 Loan amount 0.5 - 17.79% APR (from)
6 - 84 months Duration 18 years old Minimum
9.3 / 10 - Rating is based on user feedback, popularity of the organization, loan conditions and procedure
Example of a personal loan for a total amount of € 1,000 repayable in 72 monthly installments of € 15.35 (excluding optional insurance). Annual Global Effective Rate (APR) of 6.82% (excluding optional insurance). Fixed borrowing rate of 3.34%. Service charge: 90 €. Total cost of the loan: € 194.97 (including service charges). Total amount owed by the borrower: € 1,104.97. Address: 21 rue de Châteaudun - 75009 PARIS - RCS de Paris 517586376 - ORIAS number 11061269.
Cetelem
$ 500 - $ 99,999 Loan amount 1 - 21.15% APR (from)
6 - 96 months Duration 30 years old minimum
9.7 / 10 - Rating is based on user feedback, popularity of the organization, loan conditions and procedure
For a personal loan of $ 12,000 over 48 months at a fixed Global Effective Annual Rate of 3% and a fixed lending rate of 2.96%, you repay 48 monthly payments of $ 265.4, total cost of credit: $ 739.20 (including $ 739.20 interest and $ 0 administration fees), total amount due: $ 12,739.20 Address: 1 Boulevard Haussmann - 75009 Paris United States
Floa Bank
$ 3,000 - $ 40,000 Loan amount 0.5 - 10.51% APR (from)
6 - 84 months Duration 18 years old Minimum
9.4 / 10 - Rating is based on user feedback, popularity of the organization, loan conditions and procedure
For a personal loan of $ 12,000 over 48 months at the fixed Global Effective Annual Rate of 5.40% and at the fixed lending rate of 5.27%, you repay 48 monthly payments of $ 277.83, total cost of credit: 1,335 , € 84, total amount due: € 13,335.84. Address: 6, Avenue de Provence - 75009 Paris.
Cofinoga
$ 500 - $ 99,999 Loan amount 1 - 20.83% APR (from)
12 - 119 months Duration 30 years old minimum
8.4 / 10 - Rating is based on user feedback, popularity of the organization, loan conditions and procedure
For a personal loan of $ 5,000 over 48 months at the fixed Global Effective Annual Rate of 4.2% and at the fixed lending rate of 4.12%, you repay 48 monthly payments of $ 113.16, total cost of the credit: 431, $ 68, total amount owed: $ 5,431.68. Address: 1, boulevard Haussmann - 75 318 Paris Cedex 09
Kreditiweb
$ 1,000 - $ 50,000 Loan amount 0.5 - 17.79% APR (from)
6 - 84 months Duration 18 years old Minimum
9.1 / 10 - Rating is based on user feedback, popularity of the organization, loan conditions and procedure
Example of a personal loan for a total amount of € 1,000 repayable in 72 monthly installments of € 15.35 (excluding optional insurance). Annual Global Effective Rate (APR) of 6.82% (excluding optional insurance). Fixed borrowing rate of 3.34%. Service charge: 90 €. Total cost of the loan: € 194.97 (including service charges). Total amount owed by the borrower: € 1,104.97. Address: Calle Ruzafa, 28, 1-2 (46004) Valencia, United States
Loading ...
Loading ...
Loading ...
Loading ...
Loading ...

Faq

❓ Who can apply for a personal loan?

The requirements of organizations regarding the profile of borrowers differ. However, you must still be at least 18 years old and reside in United States.

In general, you will need to ensure some financial security so that organizations can grant you a personal loan. However, some organizations are much more watching than others. Also, it is important to make your personal loan requests with several different organizations and not to give up following the first refusal from an organization. You must also be careful not to be registered with the FICP (National File of Personal Credit Repayment Incidents) because, as long as you are there, you will no longer be able to take out a loan.

💼 What are the conditions for obtaining a personal loan?

Once again, the requirements of organizations differ. Some require a minimum age of 21, others require financial stability such as a CDI or minimum monthly income.

In addition, although the latter is not mandatory by law, some organizations may require the subscription to insurance when you grant a personal loan .

Finally, for many organizations, it will be important that you are not registered with the Bank of United States. Although it is not illegal to grant a personal loan to persons on file or in a situation of over-indebtedness, in practice, few organizations risk it. It is therefore recommended to turn to specialized organizations which, even if they are a new solution and therefore sometimes difficult to envisage, remain very good alternatives.

🔎 How will I receive payment for my personal loan?

Whether you apply for a personal loan online or directly from a credit institution, an amount granted through a personal loan will generally be directly transferred to your bank account. There are legal deadlines to respect, in case you wish to withdraw from the operation. Then, it will take between 7 and 15 days after the acceptance of your file to receive the money.

On the other hand, the affected credits will not pass, most of the time, through your bank account, but will be paid directly to the seller of the good or service that you wish to finance. Finally, in the case of revolving credits, the money is, in most cases, paid to a bank card that you can use at your convenience.

✅ Can I take out several loans at the same time?

The different credit offers are not necessarily presented in the same way by professionals. Each tries to draw the attention of the individual to the most attractive aspect of their offer.

The borrower is free to make several requests for a personal loan in order to be able to compare them and choose the one that seems to him the most advantageous. Each situation is specific to each borrower, some identical offers will be advantageous for some and will not be for others. It is therefore important that the individual pays careful attention to the offer that has been made to him. During the comparison, however, he must take certain precautions to avoid being at fault and unconsciously committing to a project for which he only wanted to be informed at the base.

Personal loan online: discover and compare personal credit

Do you have projects in mind but your finances are not keeping up? This is not always inevitable, and there are even solutions that can change your life. Indeed, it can sometimes be interesting to take out a loan to help you achieve your dreams. However, some caveats are necessary. We will therefore discuss the general definition of a personal loan, the best way to choose it, how to find the best offer and how to successfully apply.

What is that ?

Are you in a financial situation that does not allow you to invest in new projects, but you still have some that are pending? It may then be interesting to learn about personal loans. These are nothing but cash loans which can be fabulous ways to get your plans done.

Warning

However, be aware that they are one of the main causes of over-indebtedness, so be careful. The important thing is to prepare your budget well before taking out a loan application (personal or not) to be sure of knowing how to repay it.

Limits

There are different loans you can take out, all of which are governed by different laws. In the case of a personal loan, the amount released can be used as you see fit. This may seem trivial to you, but it is the only loan with this option (a mortgage will only be used for the purchase of one or more real estate, as a car loan will only be used for the purchase. specific transport vehicle).

Non-affected projects

The only projects that cannot be financed with personal loans are real estate and professional projects. In the vast majority of cases, the money is used for a wedding, a new vehicle or a household appliance. Another factor is that the loanable amount can vary from 200 € to 75,000 € and it is possible to repay it between 4 and 84 months (in United States anyway).

Who is eligible?

Anyone taking out a personal loan is not necessarily in a complicated situation where this loan is a need. On the contrary, many candidates have the necessary funds but think of a personal loan so as not to use all these reserves at once, and to keep a certain margin of safety.

Multifunction financing

As the nature of the acquisition should not be specified, the borrower can even finance several projects at the same time, while keeping enough money in the event of a hard blow. In addition, the money that remains in savings earns interest that would not exist if the money were directly withdrawn. In the current context, rates are quite low and individuals may be advised to borrow rather than save as the remunerative rates are very low.

Some numbers

In 2015, 85% of French households had a savings account with their bank. On average, households save 14.5% of their gross disposable income. In reality, the most modest households do not have the capacity to save 14.5% of their gross disposable income. So, even if they have a savings account, it is not really provided and does not allow the financing of the purchase of consumer goods. These households are obliged to turn to loans in order to be able to purchase the goods or services they need.

Example of an online personal loan

Amount

$ 10,000

Duration

48 months

Monthly payments

$ 232.66

APR

5.72%

Amount of interest

$ 1,180.37

Total amount due

$ 11,180.37

Personal loan - How to choose it Personal loan - How to choose it

Which situation is favorable?

The best situation for taking out a personal loan is when you want to finance a purchase for which you do not yet know the final amount. Since you don't have to justify your purchase, you can borrow the amount you want to put in a new vehicle, for example, but have not yet found the one you need.

Reminder

We are still talking about the same projects here, but it is necessary to remember that the personal loan allows you to finance what you want, without limit apart from those of real estate and professional project.

Other cases

However, the personal loan is not always the most suitable. There are other cases where it is more interesting to turn to other loan offers. The key element in your loan contraction is the interest rate. Often times, the personal loan will be higher than that of other consumer loans, which makes sense for such a flexible offer. This is why it is advisable to turn to the credits assigned to the specific purchases you want to make.

Example: the new vehicle

For the purchase of a new vehicle for example, it is more interesting to take a car loan because the latter has guarantees that the personal loan does not offer:

  • The release of funds when the funds have been properly delivered
  • The release of funds when the property meets your expectations
  • The sum is blocked in the event of failure of one of these two conditions

Other types of financing are also recommended for this type of purchase. The car dealership will be able to provide the buyer with various solutions, such as Rental with Option to Purchase.

Revolving credit

The last alternative to the personal loan, the revolving credit. It is a system where the lender (often a bank) will make a sum of money available to the borrower that the latter can use as he sees fit. The refund is only made for the amount actually used, but the maximum amount cannot be exceeded.

Repayment deadlines

This credit is renewed each year. Regarding repayment terms, there are several scenarios:

  • Amount less than € 3,000: 36 months to reimburse
  • Amount greater than € 3,000: 60 months to repay

Due to the great flexibility of this contract, the loan rate used by this type of credit is higher than that used by personal credit. In addition, it is variable, it is not fixed when the loan is concluded, unlike the personal loan which has fixed rates.

A troublemaker

Revolving credit often goes hand in hand with a credit card, which has caused a great deal of debt distress in the United States especially. You have to be careful because revolving credit is much more interesting for banks, which is why it is much more emphasized by the latter at the expense of personal loans.

Find the best deal

Since this is one of the most preferred loan terms for the French, it makes sense that the offers are diverse and varied. It is therefore important to optimize your request, and increase your chances of acceptance.

Find the best deal

Inquire

Knowing the subject well and not going headlong is essential, in order to obtain the best interest rate and therefore pay as little as possible. This is why we are going to review the various concepts relating to credit in general.

The interest rate of the personal loan The interest rate of the personal loan

You must have heard about the interest rate before, but do you really know what it is? It is nothing more than a percentage applied to the amount of money loaned, which will tell you the interest you will have to pay out at regular intervals. When looking for the best deal, you should rely primarily on the APR, the Annual Global Effective Rate. This is the most significant rate, that is to say the one to take into account, because it corresponds to the totality of the costs of the loan.

The components of the APR

It includes: bank interest, application fees paid to the bank or those paid to intermediaries in the event of a broker's intervention, the cost of compulsory insurance as well as all other fees imposed for obtaining 'a loan of money. This is why the APR is the rate for calculating the real cost.

Which organization to choose

When it comes to borrowing money, you are certainly thinking of borrowing from a bank. This is quite logical, because banks are empowered to release funds under credit.

New solutions

This is the so-called classic solution, but it is no longer the only one. Indeed, you can now find organizations on the internet, which are not banks, but which also allow you to borrow money in a secure manner.

The pros and cons

Turning to a bank or an online organization is the question that more and more people are asking themselves. However, both have advantages and disadvantages that it may be interesting to list:

Banks:

  • Physical reception, interview with an expert
  • Banker can give his opinion on your project, help you and warn you regardless of the nature of your loan
  • All the clauses will be clearly explained, and his duty to advise will require him to tell you about anything that comes back.
  • Possibility of having a personalized offer according to your financial capacity, which will best match your budget
  • The banker is trying to do the best while trying not to put you in a difficult financial situation

Online organizations:

  • Often higher rates
  • More flexible and faster
  • Optimized performance, which allows you to get the money without leaving your home
  • If the need is really urgent, this is often the solution to consider
  • For small amounts, expert advice is not essential
  • No constraints

A new alternative - personal loan online

In recent years, large retailers have also started to offer personal loans to their customers in order to finance their various purchases. Thus, the customer can be offered a personal loan directly by A new alternative - personal loan the store where he buys his washing machine or his TV.

Operation

They will be presented as payment facilities. The seller, during the transaction, will take an interest in the finances of his customers, in particular their self-financing capacity. He will not hesitate to direct his client to a personal loan. These brands have the legal authorization to deliver banking services including mini personal loans to their customers. Each will have a banking partner, generally with the same name as the brand.

A double-edged blade

Having the property to buy and the loan in the same physical location is a real time saver, which many will find more interesting than looking for slightly lower interest rates. However, you have to take into account the fact that salespeople are not specialists like your banker might be, which implies that they will not be able to guide you and advise you on the risks and commitments to which you are exposed.

Comparator sites

If you finally decide to turn to the banking solution, you will be faced with a host of offers which will all be very complicated to decide at first glance. To help you in this heavy task, we are here. Indeed, New Buryday Lilies is a loan interest rate comparison site (personal or not), which will help you make the best choice.

Comparator sites

Very easy to use

You will only have a few simple pieces of information to provide, and you will instantly have a list of the most suitable banks to meet your demand which you can sort by interest rates. Of course, this does not commit you and the banks mentioned in any way. This is just for informational purposes, to help you make the best choice.

How to successfully apply for a personal loan

We will then talk about the most important section, which is to pass your request. This in itself isn't overwhelmingly complicated, but there are some details that you shouldn't overlook if you want to maximize your chances of saving money. For this example, we take the case of a person wishing to contract this loan with a bank.

How to successfully apply for a personal loan

Choose the offer that suits you

Define the project

You have one or more projects, but you do not (yet) have the necessary funds to carry them out. You are thinking about a bank loan, which makes sense. The first step is then to examine your project and define its nature.

Affected credit

If you want to buy a new car or change your kitchen, for example, it will be more interesting to turn to affected loans such as a car loan or a renovation loan.

The personal loan

If you don't have a specific price in mind or are still unsure of what the money is for, then you can opt for a personal loan. You will not have any time or usage constraints, which can be beneficial to you as the opposite.

Define your financial situation

Before you flare up and look at all the offers on the market, be clear about your repayment capacity. Will you be able to fully assume your loan at the end of his term? Then, try to determine the optimal repayment period for your loan, even if it is not easy to project 5 years or more.

Questions to ask yourself

  • Will I still be employed at the same location?
  • Do I have big plans in mind?
  • Will I have children at that time, and therefore additional costs?

These are of course not obvious questions to answer, but they can nevertheless enlighten you in your approach and make you avoid rushing.

Find the loan that meets your expectations

When your project is defined as well as your financial situation, comes the time for research. You will inevitably need to find out about current offers, which vary daily. As we explained to you, there are loans allocated to specific projects and loans without supporting documents. For both, we advise you to go through an online loan simulator, a tool on our site. Once you are sure you've found the right one, it's time to prepare your case.

Prepare your file

Documents to provide

To receive an offer that meets your needs and your financial situation, the bank concerned will ask you for certain supporting documents in order to put together a case worthy of the name.

As an employee

As an independent

  • Your up-to-date identity card

  • That of your co-borrower (if there is one)

  • Your bank identity statement (IBAN & BIC)

  • The last two payslips

  • A copy of your bank statement to prove your other sources of income

  • Proof of address

  • Contracts for other credits (if any)

  • Your up-to-date identity card

  • That of your co-borrower (if there is one)

  • Your bank identity statement (IBAN & BIC)

  • A copy of your bank statement to prove your other sources of income

  • Proof of address

  • Contracts for other credits (if any)

  • The last 3 role snippet warnings

Optimize your file

If you want to put the odds on your side, optimize your file.

Do it in advance

Except in an emergency, the loan application should not be done on a whim. It does mean money, but it also means payback over years. If you've finally made up your mind to subscribe, your best bet is to set aside six months in advance while keeping your expenses in order. It is important to have a profile of “model student”, banks will obviously find it easier to lend their money to someone in the know. In addition, gather the documents cited above from the start, to give a good first impression, which is fundamental.

Wait, if necessary

Sometimes you may not have the best of profiles. If this is your case, be patient and save money, so that you can make a personal contribution. If you do this, you are once again proving your seriousness and making a good impression. In general, this contribution constitutes 10% to 50% of the amount borrowed.

Make sure you have a plan B

The first impression, never forget that. Look like a thoughtful, confident, and far-sighted person. So ask one of your relatives to act as guarantor for you in the event of difficulty, and to help you repay certain monthly payments that you may fail.

So here we are at the end of this article on the personal loan. After having explored it in depth, we hope that you will now know how to go about it so as not to make mistakes and to maximize your chances of success.

en