TV loan – is a TV loan a good solution?

If you do not have great requirements then you will certainly be able to find a TV set for a few hundred dollars, but let’s not hide – when you decide on new equipment, you count on the fact that it will serve you at least for the next few years.

Therefore, when buying a modern TV, you have to take into account the expense of a thousand dollars up. Usually, however, this type of equipment does not even have the Smart TV function, which means you will not be able to connect to the Internet on it. You will pay around USD 2,000 for a 40-inch TV with the Smart TV function.

How much will you pay for the new TV?

How much will you pay for the new TV?

In turn, when deciding on the functions of the Android system, and at the same time the equipment of a well-known brand, you should take into account the costs oscillating around 3000 USD.

In addition, if you would like to have a clear, high-quality picture and a diameter of 55 inches up, then examples of TV prices increase to about 5000 USD.

Theoretically, everyone will find something in the price shelf of interest to them, although if you dream about a modern TV set, then you rather have to prepare for a strong strain on your home budget or taking a loan online. When it comes to modern TVs, the price can be really high, depending on the expected functions and the warranty period.

Choosing a TV – what should you consider?

Choosing a TV - what should you consider?

When it comes to choosing a TV set, the most important parameters are primarily the size and quality of the image. Many people will not even think about buying a TV below 50 inches.

Of course, we also have larger diagonal screens up to 75 and even 85 inches. However, it is worth considering whether you need just such a huge TV. Its size should be adjusted to the room in which it will be located. To do this, check the distance between your sofa and the wall. For 50-inch TVs, this distance should be approximately 210 cm.

However, when it comes to ultra HD TVs, then at a distance of 105 to 210 cm the best will be a 50-inch screen, and at a distance of 158 to 315 cm – 75-inch.

Resolution is another issue here. Currently, standard TV sets are Full HD models, whose resolution is 1920×1080 pixels. Increasingly, it also puts on 4K equipment, i.e. Ultra HD with a resolution of 3840×2160 pixels. The higher the resolution, the better the image quality.

If you decide on a modern TV, the characteristics of such equipment are also based on backlight technology. Lots of devices currently use OLED technology, which is characterized by deep black and clear, juicy contrast.

The alternative here is LCD TVs that have a full backlight and show the HDR effect well, although they offer a worse viewing angle and much lower black quality.

The golden mean is QLED TV, which is an LCD device with quantum dots.

In addition, it is good to pay attention to additional functions such as Smart TV, thanks to which you can easily connect the TV to the Internet. A convenient solution is Android TV, which makes it easier to use the Internet on the TV.

How do you finance the purchase of a TV?

How do you finance the purchase of a TV?

Spending a lot of cash on a new TV is not easy. If you have the opportunity, saving money on your equipment will be the best solution.

It happens, however, that the device breaks down suddenly and you do not have the opportunity to save money for this purpose. Then you have several options. You can borrow money from family or friends, but many people are reluctant because of the fear of judging the purchase of expensive equipment. So what other options do you have to choose from?

An easy way to quickly obtain funds is a cash loan, which, however, usually involves extensive formalities and large repayment costs. A non-bank loan, i.e. payday loan, is a fairly common and slightly faster solution. The purchase of a new TV set can also be supported by a non-bank installment loan.

Buying a TV in installments or a non-bank loan?

When you buy a new TV, you can also decide to spread out the costs in installments. It is a relatively convenient solution that most RTV stores offer.

Then the price is divided into several – several parts, which must be repaid every month. Interest is often added to this, although some stores now offer 0% installments.

In addition, it charges your home budget every month and requires us to pay you regularly, otherwise, it spoils our credit history. In addition, it happens that additional costs in the event of a split into installments are hidden in the contract. Examples include credit commission, repayment insurance or payment for application assessment.

We also have a solution to choose from, which is a TV loan installment. This falls under non-bank loans. The point is that the loan taken out in this way can be repaid in installments, especially in the case of not very excessive amounts. There are not many formalities here and the application can be submitted online. The repayment period is quite affordable here, as it can be up to 48 months.

Which solution is better depends primarily on the interest rate? In both cases the repayment period is similar, but the differences are visible in the case of formalities. When it comes to buying in installments in the store, the formalities are a bit more than in the case of non-bank loans, hence the second option will simply be faster.

Remember that you do not have to decide on the cheapest TV installment, because in the case of a non-bank loan it is usually possible to easily take a loan for TV installment of up to USD 5,000.

Receive express credit in 60 minutes – these are the providers & how it works …

Where can you get an Fast Loan in 4 hours and without Credit Bureau?

Where can you get an Fast Loan in 4 hours and without Credit Bureau?

If you want to be absolutely sure that the loan can be paid out in 4 hours, only the provider Best Bank comes into question. With this provider, a loan payment can be made in 30 – 60 minutes if the requirements are met. You can also apply for a bonus + certificate from Best Bank (for an additional charge). With this certificate it is possible to get an Fast Loan if you have a negative Credit Bureau entry. Regardless of this, Credit Bureau is also queried for a loan application at Best Bank. With all providers a payment is possible within one working day.

There is no guarantee that the loan will be paid out in one, two or four hours.

Is there an Fast Loan from Nice Bank?

Is there an Fast Loan from Nice Bank?

You can always read on the web that you can get an Fast Loan with instant payment at Nice Bank. We took a closer look at the Nice Bank offer and can say that Nice Bank currently does not allow withdrawals within 24 hours. If you are looking for a similar provider for an installment loan, we recommend the Fine Bank or the Cream bank benefit loan.

The waiting time for an ordinary installment loan from the house bank can be very long. It may take a few weeks before the conditions are negotiated and all the necessary documents have been checked. If you need a loan very urgently or just don’t want to wait that long, express loans are an alternative to the conventional methods. However, there are some points with such loan offers that you have to consider and which we would like to briefly introduce to you below.

What is an Fast Loan?

The term Fast Loan is interpreted differently depending on the provider. There is no precise definition for this type of loan, so you should always look carefully at the offers. Some providers understand an express loan as a loan with an immediate payment. If the requirements are met, you can have the loan amount in your account within a few days. However, some understand just a loan with immediate approval. This simply means that your loan application will be checked quickly and you will receive the confirmation by email within a very short time.

There are also differences in the type of loan. An express loan can be an ordinary installment loan with terms between 12 and 36 months. Loan amounts of 1000 to 10,000 dollars are paid out. But it can also be a so-called mini loan, in which even smaller sums are transferred. Such loans are used to bridge the next salary entry.

Express loan as installment loan

If the Fast Loan is paid back in installments as normal, it is a small loan. In order for an immediate payout to take place, some technical requirements must be met.

  • Applications can be submitted entirely online
  • Identification via videoident
  • Document upload or account analysis
  • Signature of the loan agreement with a qualified electronic signature (QES)

The entire application process must be carried out digitally so that you can get your Fast Loan into your account immediately. This is the only way to ensure that your documents are checked promptly and that the money is transferred quickly. Make sure that the provider offers a completely digital contract. 

If you have found such a provider, you must first fill out an online form. In it you describe your financial situation, your monthly income and your regular expenses. Once you have submitted this information, the data will be checked automatically as far as possible. In addition, the providers obtain information from Credit Bureau. If this check is positive, you will receive a loan approval after a very short time. Up to this point you have at least one loan with an instant commitment.

Fast Loan: identification with Videoident makes it possible

Fast Loan: identification with Videoident makes it possible

After you have received a confirmation, you should, if it is offered, identify yourself using Videoident. This can usually be done directly after the loan approval. So far, the Postident procedure was common instead. You had to bring all of your contract documents to the nearest post office and have your data checked there by an employee. It then takes a few working days for the documents to reach the bank by post. With Videoident, you can significantly shorten this process and identify yourself to the bank in just a few minutes.

To use this service, in addition to a stable internet connection, you only need a PC with camera or your smartphone. You will then be connected to a trained employee using software for video telephony. This compares the data in your loan application with you and will ask you to keep your ID clearly visible to the camera.

Looking for a mini loan provider, Fast loan is a good choice

If you are looking for a mini loan provider, Fast Loan is a good choice. The provider, which belongs to Best Bank Bank, offers small loans between 50 USD and 600 USD for first-time customers. The term is up to 62 days. With the second loan application, you can apply for a sum of 1,500 USD as a short-term loan. A mini loan is ideal for bridging until the next receipt of money. You cannot make big leaps with it.

Loan offer from Fast Loan

Loan offer from Fast Loan

  • Short-term credit up to 600 USD for new customers
  • Existing customers can apply for up to 1,500 USD
  • up to 62 days of credit
  • Identification by PostIdent or VideoIdent
  • Requests for credit are free and do not commit to anything.

Overview of Best Bank conditions

With Fast Loan you get a loan with terms of 30 and 62 days. If you choose the two-rate option with 62 days, this is subject to a fee. After you have paid off the first loan on time, you can apply for another one. The loan amount is then up to 1,500 USD. Such short-term loans only serve as an alternative until the next receipt of money. You should also borrow only the amount that you do not get into trouble with the repayment. If there are any doubts, then leave it.

How does the loan application work with Fast Loan?

How does the loan application work with Fast Loan?

You only need to enter the desired amount and the duration on the page. You will receive an answer within a short time. Identification is done using PostIdent or VideoIdent. Many banks are already using the VideoIdent. This saves customers the way to the post office counter. This not only saves time, but the money is also in the account earlier.

What about the additional services at Best Bank?

With Fast Loan it is possible to receive the money within 24 hours. You will get a credit decision within 60 seconds whether a loan is even possible. As soon as you visit the bank’s website, a live chat starts. You can clarify any questions directly with an employee. Due to the fact that the bank is based in Malta, you can hope for a loan approval even if the entries in the Credit Bureau are no longer so good. You do not need to submit salary certificates.

Other additional services include the two-rate option, which is associated with additional fees. You usually pay back the amount within 30 days. Choosing the two-rate option gives you more financial leeway. You then only have to pay the last installment after 62 days.

How does identification work?

How does identification work?

The bank offers the conventional PostIdent, where you can identify yourself with your ID card at the post office counter. The new VideoIdent is less time-consuming. All you have to do is hold your ID card in front of the camera. An employee checks the data and compares your photo. This saves a lot of time, which affects the payment of the loan amount. All you need is a stable and fast internet line, a camera and software for video telephony, such as Skype.

Are there reasons that can lead to a loan rejection?

There are. For example, if there are entries in the Credit Bureau that are serious, there is no loan from Fast Loan either. These include, for example, affidavits, ongoing seizures, warrants and bankruptcy proceedings.

Conclusion on mini credit from Best Bank

Conclusion on mini credit from Best Bank

Fast Loan is one of the few providers of mini loans. In the background is the Best Bank Bank from Malta. As a first-time customer, there is a loan amount of up to 600 USD. If this loan has been repaid properly, you can apply for another loan with a higher loan amount of up to 1,500 USD. The term is up to 62 days, whereby the two-rate option is chargeable.

Difference mini loan small loan amounts

If you search the internet for offers of smaller loan amounts, you will come across various terms. There are two that are particularly common: mini-credit and micro-credit . At first glance, it is not necessarily clear what the difference between the two is. Is there one at all or is it ultimately the same financing product? We would like to briefly examine this for you afterwards.

Smooth transitions between mini and small loans

Smooth transitions between mini and small loans

As numerous as these two terms can be found, their definitions are just as diverse. In any case, these are not specified. There are no precise requirements as to which requirements a mini or small loan must meet. Both have in common that it concerns smaller loan amounts that would not be granted with normal installment loans.

A small loan is basically a normal installment loan. Only the payout volume is not quite as high. In some places ceilings of 10,000 USD are mentioned, elsewhere only 5,000 USD. In terms of level, the amounts are always lower than those of larger-scale installment loans. Otherwise terms and interest rates will be set as usual. However, small loans get less collateral due to the lower loan. Most providers already need proof of a regular income and positive Credit bureau information. In addition, you should be of legal age and have a permanent residence in Germany to be eligible for a small loan.

Small loans are often particularly flexible when it comes to repayment. You can use unscheduled repayment options to repay parts of the loan, for example.

When do we start talking about a mini loan?

When do we start talking about a mini loan?

As I said, there are no fixed terms for these terms. Somewhat more special offers for mini loans have emerged in recent years. These let the term appear more selective. A mini loan is basically a small loan with a maximum payout volume of 1500 USD. From this limit, many providers no longer speak of a mini loan. The repayment models are also different. A mini loan is considered a short loan to bridge the next salary. The terms are, for example, 30 days and the loan amount is repaid immediately after expiry. Rate options are usually chargeable.

A mini loan can therefore be seen as a special form of small loan. Ultimately, you should always read exactly what the individual provider means in detail. At least in the case of mini-loans, certain standards have now been established, which has made the offers easy to compare.

What is special about such loans?

What is special about such loans?

Since these are relatively small loan amounts, these can be applied for in a significantly less bureaucratic manner. Many of the offers are now handled entirely online. This saves providers, for example, personnel costs, which means that the loans can be offered with better conditions. By applying via the Internet, the loan commitments are granted much faster. The loan amount can also be paid out in just a few working days. With mini loans, the transfer can even be made within 24 hours. In most cases, you have to pay extra for such a service.

Credit requirements, loan amount and take out credit online

Credit by check credit in check

Credit by check credit in check

The provider Best Bank Credit can look back on 40 years of experience in arranging loans. In addition to the instant loan, Credit Bureau-free loans and small and real estate loans are also included in the product portfolio .

You receive the instant loan with loan amounts between 1,000 and 100,000 USD. The terms can be chosen from 12 to 120 months. Depending on the creditworthiness, the annual percentage rate is between 3.90% and 15.99%.

Requirements for a credit via receipt credit

Requirements for a credit via receipt credit

Bon credit generally promises a high level of acceptance for loan applications, but the following requirements must always be met:

  • Minimum age of 18 years
  • Permanent residence in Germany
  • Regular income as an employee, civil servant, pensioner or self-employed

A complete Credit Bureau file is not absolutely necessary to obtain a loan. Basically, Best Bank Credit first tries to arrange a loan that depends on the Credit Bureau score. If this is not possible, the desired loan amount can or must be adjusted. Loans without Credit Bureau entry are only paid up to 50,000 USD with Best Bank Credit.

How do I get a loan from Best Bank Credit?

How do I get a loan from Best Bank Credit?

First of all, you have to fill out an online form by formulating your loan request and providing information about yourself and your financial situation. If there is no problem with your loan request for the banks in question, you will receive an offer from Bon-Credit within 24 hours. If further negotiations are required for the agent, the commitment can take 2 to 3 working days.

Once you have received the loan offer, you must send the signed contract together with proof of your regular income.

Repayment & repayment on receipt of credit

Repayment & repayment on receipt of credit

As part of the application, you can select a desired rate model. How the exact terms and rates ultimately turn out depends on your creditworthiness and the offer that the banks can offer you.

When you request a loan, you can also specify whether early repayment should be possible. Accordingly, it depends on the final loan offer whether special repayments are possible and are free of charge.

Together with an installment loan, you can take out residual debt insurance with Best Bank Credit. This will protect you or your relatives in the event of unemployment, incapacity for work or death.

The specific offer is based on the partner bank that provides the loan when brokering. That is why Best Bank Credit does not work with just one insurance partner, as is the case with banks. Taking out such insurance is basically optional.

Washing machine loan – why should you take out a washing machine loan?

Failures of household appliances often surprise us at the least appropriate moment – when we have many other expenses and our wallet is empty.

Did your washing machine break? It is difficult to function normally without a functioning device, which is why many people decide to reach for external financing sources. Is a washing machine loan profitable? Where can you get funds for buying a new device?

How much does the new washing machine cost?

How much does the new washing machine cost?

The prices of washing machines are very diverse – it all depends on the model, brand, and parameters of the device. Prices of front-loading equipment start from USD 800 – these models usually have basic programs, capacity 5-6 kg, 1000 revolutions per minute during centrifugation and energy class A +.

In the case of more technologically advanced devices, prices increase – models with a capacity of 7-8 kg and a spin speed of 1,400 rpm cost from USD 1,500. Top – loading washing machines are also popular – they are small and economical. The cheapest models can be bought from 800 USD.

Unfortunately, many people cannot afford to pay for the washing machine from their own pocket – then they have to reach for loans, e.g. from a non-bank institution.

How to finance the purchase of a washing machine?

How to finance the purchase of a washing machine?

Loan companies from the non-banking sector allow you to get cash quickly and without unnecessary formalities . In the event of a washing machine breakdown, time counts – we want to buy a new device in a short time. In this situation, many people may be put off by the procedures governed by loans or bank credits – the need to provide certificates from the employer extends the formalities.

Cheap non-bank loans are a convenient alternative to traditional offers. Funds can be obtained without leaving your home – you can apply for a loan online.

The persons entitled to receive the loan are:

  • of age,
  • having Polish citizenship,
  • full legal capacity,
  • Phone number,
  • personal bank account.

Another condition is stable income. Most companies, however, do not require certificates from employers – a client’s statement about the form of employment and the amount of earnings is enough.

The companies also check the debtors’ databases and the data available at the Credit Information Bureau. There are, however, offers that do not require verification. The credibility of the customer is checked quickly, and the funds are on the account even within a few minutes of the decision. A non-bank loan is a good solution in cases of emergency when we care about time.

How to apply? All you have to do is enter the parabank website, register on the website and then complete the short form. Provide personal data in it:

  • first name and last name,
  • address,
  • PESEL number,
  • series and number of ID card,
  • Bank account number,
  • Phone number.

Next, enter the amount of income and the form of employment. The loan can be obtained by persons employed for:

  • employment contract,
  • contract for specific work,
  • contract of mandate.

Parabanks also accept the applications of pensioners as well as persons conducting business activity.

A broken washing machine and a loan – is it worth it?

A broken washing machine and a loan - is it worth it?

Often, household appliance failures do not require replacement of the entire appliance, but only repairs, e.g. the purchase of a small part. Washing machine repair can cost us USD 100 to even USD 500.

Modern washing machines with advanced functions can connect wirelessly to the diagnostic application and assess what part has failed. The cost of replacing the V-belt is approximately USD 150, the programmer – approximately USD 350, and bearings – USD 400.

If a device failure surprised us at the wrong time, e.g. when we have a lot of other expenses, it is worth considering taking out a loan.

 

Best loan restructuring: how to find the right loan?

Best loan restructuring: how does it work?

Best loan restructuring: how does it work?

Is there the best restructuring loan in the absolute sense? And are there any differences between a first and a second home, perhaps being able to access subsidized loans?

Let’s first answer these questions, before giving any advice on how to find the best restructuring loan.

Best loan restructuring for you or me?

If you are looking for the best home renovation loan, you risk being disappointed or making the wrong choice. What is “best” for one person does not necessarily mean it is for another person.

This is because there are many jobs that can fall within the scope of a renovation such as:

  • ordinary maintenance (to beautify and make your home more comfortable);
  • extraordinary maintenance (improving energy efficiency, renovating systems, changing fixtures, insulating and insulating);
  • heating work (e.g. changing the boiler, the whole system or changing the type of heating used, etc.).

It is quite clear that between one or the other type of renovation work there can be a big difference on the economic level, with disbursements of a few thousand euros up to several tens of thousands of euros. In some cases you can take advantage of tax deductions (with tax bonuses) including those on mortgage interest expense.

Best restructuring loan with special terms

For the first house, and especially for the execution of some works (especially improvement of the energy efficiency and therefore of the energy class of the property), loans can be obtained with reduced rates (which obviously add to the deduction for the renovation bonuses or interest expense if applicable). However, these are possibilities that are only accessible in specific cases, namely:

  • amounts allocated by local administrations;
  • offers from some specific banks.

To find out whether or not it is possible to obtain the best rate available by virtue of these favorable conditions and what specific requirements must be met, it is necessary to inquire locally. It is certainly worth the effort but it is not certain that you will be able to get what you need.

Best loan restructuring: 3 useful tips

Best loan restructuring: 3 useful tips

To understand what the best home renovation loan can be, you must first identify the type of work that you must or want to do (and not the other way around, or starting from what you can get and then decide the type of work ).

So based on this research you have to ask for estimates of actual costs and inquire if there are any financing agreements with who should carry out the work.

At this point, however, it is advisable to request more estimates from various banks and financial institutions, and in parallel to request more estimates also on restructuring loans.

In this regard, it is necessary to compare the conditions meticulously and pay attention to the conditions and requirements necessary to be able to make the request (type of cost estimate or invoices for costs already incurred, etc.).

Holiday loan – where to get a holiday loan?

A holiday loan is sometimes the only way to be able to go on your dream vacation. It’s easier to get than depositing funds to your bank account regularly. However, is it really a good idea to use it? Where is the best way to take such a loan? When is it worth doing? Advice!

How much do holidays cost?

How much do holidays cost?

Many people are looking forward to holiday trips. They are an escape from everyday duties and a chance to relax after long months of work. However, they are also a heavy burden on the family budget. In 2019, 41 percent of Poles planned to spend more than four thousand dollars on vacation.

According to a survey, 26% of respondents planned to spend four to nine thousand dollars on vacation. Among them were mainly young people between 18 and 22 years old. Older people, between 26 and 55 years of age, were ready to spend even more on holiday trips. Every fifth person in this age group declared that they planned to allocate over nine thousand dollars for this purpose.

Importantly, however, as many as 70% of respondents admitted that they had to regularly save for holiday trips. Therefore, every third person gives up going out of town or certain purchases, 15% take on additional work, 11% sell unnecessary things, and some also save on fuel and streaming platforms.

But what if you dream about a vacation, but you have not started to put aside money early? The solution can be a holiday loan! A holiday loan or installment holiday at a travel agency can give you the chance to fulfill your dream of rest.

Installment holidays in a travel agency or loan – what to choose?

Installment holidays in a travel agency or loan - what to choose?

One of the options that travel agencies prepare for their clients is installment holidays. The repayment of such holidays begins either at the time of purchasing the offeror immediately after returning from the holiday. The conditions for using such an offer are determined by each travel agency.

Therefore, installment holidays can cost you extra if the installments pay a high-interest rate or require expensive insurance. Travel agencies wanting to attract customers sometimes offer interest-free holidays in installments. The downside of the offer, however, may be a limited number of vacation destinations financed in this way, and thus a restriction on the choice of vacation destination.

What’s more, not every travel agency offers holidays in installments, which means that you may not be able to use the services of the office that you have used so far. The second option is a holiday loan, which you can spend at any travel agency. You can also use the loan funds for your own trip.

The limit may be the amount you can borrow. However, if you are a new customer, you can take advantage of the free loans that many loan companies offer. Often, however, these are payday loans, and therefore obligations that you will have to pay off immediately after returning from vacation.

Vacation loans abroad. Is it possible to take out a loan for a trip outside the holiday season?

If you are looking for a good loan for a holiday abroad, remember that it does not have to be so straightforward. An ordinary cash loan can be issued for any purpose. It can, therefore, be treated as a loan for a holiday abroad.

You can take out a loan at any time, not just during the holiday season. By most of the loan you will finance a trip also out of season.

Is a holiday loan a good solution?

Is a holiday loan a good solution?

A holiday loan is a good option if you want to leave and you don’t have enough savings saved. Thanks to it you will pay for example a favorable last-minute offer. On the other hand, you must remember that you will have to give back the funds shortly after your return. An unpaid loan may have unpleasant consequences for the borrower.

For most loan companies, you can benefit from a maximum thirty-day repayment period. If you fail to pay on time, you will remember your vacation for a long time because of problems with the debt collection company or bailiff.