Know that you can do it now! With just a few steps you’ll keep your bills up to date.
You can say goodbye to the late bills. Negotiating debts is the best way to get rid of all of them. And to help you finish this difficulty, ask for a personal loan, without bureaucracy and 100% online.
Suffering from your pocket is over! You can place your credit order directly from your cell phone and from anywhere in Brazil. Do not stop for after what you can do now!
This way you get out of the red and get rid of high interest overdraft and credit card, switching to smaller interest like personal loan for example.
Hiring a loan to end the debts you can pay all at once, taking only one payment to be made monthly and breaking drastically reduce your financial worries.
After putting all your debts on paper and trying to negotiate them, the focus is to get a new loan with a lower interest rate to help pay off all your debts with overdrafts or credit cards that have high interest rates.
Usually the debts you need to take out first are debts with high interest rates. Paying late bills on your credit card and getting rid of the monthly interest rate of 19.9% using a personal loan rate of 10.5% per month, you are at an advantage.
There are specific programs available to help pay your debts, when you offer to repay the full amount of the debt in sight, it is common to receive a large discount on accrued interest and there it seems advantage to take the loan and settle everything at once.
You may also want to be a part of other programs outside debt consolidation, such as a debt management program or a debt settlement program, which can be a useful alternative if your credit situation is so great that you can not get rid of debts even by borrowing money.
But for those who already have a car removed and need even better interest rates, Refinancing is the best requested, where rates range from 1.5% to 4.8% per month, noting that to be approved in this line of credit you need to use a well as collateral such as your car or truck.
The main reason to negotiate debts is to get out of debt without a headache and get a loan with lower interest rates and a lower monthly payment, without having to discard some good. Making a loan application for debt consolidation is useful for people who have high interest debt and with high monthly installments. Stay within the main advantages of unifying your debts in one:
Let’s assume that you owe money on five points: renting the house, car financing, overdue bills, credit card and overdraft, being required to pay 5 high bills some already out of the due date. With consolidation your 5 debts will go to only one, since you start paying only every month with a lower interest rate. It will be easier to control your spending without getting into even more debt.
Reducing the interest rate with five different debts, interest rates vary, but will be between 4% and 22% a month. Once you consolidate, the debt starts to have a lower interest rate, from 1.5% per month, so you will reduce your spending every month.
Smaller monthly payments and with larger number of installments, you can pay a little bit each month without compromising all your monthly money.
There are companies that are focused on negotiating your debt, they work directly with your creditors to try to find a lower value for the payment of your debit balances to a value that you can pay.
Important to remember that although negotiating debts is helpful, this will not make you solve all your financial problems. Evaluate your accounts and if your problems with debt, and the reason for the cause of excessive spending and consumerism, you should make some changes in your financial habits. If you do not change your financial habits consolidate the debts will only solve your problems at first, and when applying for the loan, if you do not have control, it can worsen your situation and further disrupt your financial health.
If you are in doubt whether to take out a loan or not, know that by taking out a loan you are spending less and saving more to actually eliminate the root cause of your problems. To make the change to your monthly bills you need to focus on getting rid of your financial problems directly.
Our tip is, whenever possible, to save 50% of your salary for essential expenses, such as rent, water, electricity and telephone bills, transport, education, health and food expenses. fall into this category. To define what is an essential expense or not easy, just think about what expenses are necessary for you to keep up every day.
Try to save at least 25% of your monthly salary, and after you have been able to do this for months use this money to invest so your money will be profitable and when it’s time to get back it will be even bigger.
Make a category of financial priorities, it is crucial for you in emergency cases to be able to afford all the expenses without worrying or even scraping all the money from your bank account. If you do not go through any of these situations you help ensure your own a future with more peace and quality of life. Making the habit of saving money every month, without skipping any, you can set a good strategy for these features, perhaps buying the car you wanted so much you could even pay for the view and ensure a good discount, a makeover at home or even even the journey of your dreams.
Last important tip is “try to consume less”, spending an average of 15% of your salary for leisure and general shopping. Doing financial planning is synonymous with having money and knowing how to use it wisely, learn each month to use the deserved fruit of your work in the right way. Within your financial planning should include spending dinners at expensive restaurants down to the bread on the bakery plate, so you’ll gradually be able to look at where your money is going and how to manage it the best way possible.