Perfect Loans archives – what is it

There are no perfect loans

There are no perfect loans

That is how simple things are, whoever looks for perfect loans will tell you that you are just wasting time. Because as such there is no type of credit that is considered perfect by everyone. This financing does not exist, another thing is that each one of us has a different idea of ​​what a perfect loan is.

For some they will be all those fast credits with success rates above 99%. Others, on the other hand, may think that the ideal financing is that which does not take into account the debts in Financial Credit Institution. And so with everything, this is the reality in the financial sector.

In this way, those who seek to sign perfect credits in the end what they do is waste time. On the other hand, if they look for the financing that best suits their needs, then we see it differently.

All of us who may need money look for something specific given our financial, economic and employment situation. Therefore what for one may be the ideal credit for another may be the worst.

What are the perfect loans for us?

What are the perfect loans for us?

In our opinion they are all those that allow us to satisfy the needs of the clients. In this way we can consider the following as this financing:

  1. Quick online credits

For all those people who are looking for money instantly there is no doubt that this is the best. They can be signed in minutes, also having minimum requirements. Therefore, when recommending this financing, we will always do so from the point of view of speed.

  1. Loans being in default

If you are in any list of defaulters such as the Financial Credit Institution, it is evident that this is the financing for you. As well as few are the credits that can be obtained with Financial Credit Institution these on the contrary were created for it. To leave the Financial Credit Institution, cancel debts or simply obtain financing while on the register are the ideal.

  1. Financing within the banking system

Do you find it strange that we say this considering that we offer loans between individuals? There is nothing strange, especially when the first two loans are signed by private equity companies . The good thing about banks is that due to conditions they have no competition. If you are looking for cheap money this would be our recommendation.

Financial companies that claim to offer loans

Financial companies that claim to offer loans

So we can continue all day, you understand? Because there are people who have the feeling that there are perfect credits in the market? In our opinion it is the fault of the internet and the way in which the financial companies announce their loans. We see how there are financial companies that claim to offer loans without payroll, in minutes and also with Financial Credit Institution.  And of course, this as such is not real. They can have unpaid loans, loans with Financial Credit Institution and in minutes but they do not have any that meet all three.

There is no credit in the market that can be obtained with Financial Credit Institution, without demonstrable income and in minutes except perhaps we mini-loan. And even then these almost never get approved in case of being in Financial Credit Institution.  For things like these is that later there are people who believe that there are perfect loans.

Furthermore, the client’s point of view is always different from the financial one. For a client, the perfect loan is one with a minimum interest rate, in the long term, where also its approval rate is 100%. For the financial company, the perfect credit is one whose default rate is 0%, and is also managed by the Internet and with high interest rates.  As you can see at the end, everyone has a different opinion about this.

How to avail credit for young families.

Young families have to take out a loan for various reasons. Children cost a lot of money, because not only the clothes, but also trips, school trips and new pieces of furniture cost money, which is not always available. This means that financial equity is not always sufficient to be able to pay everything.

What are the requirements for young families?

For a loan to be granted to young families, they must always meet certain requirements of the bank. These are necessary so that the bank can assume that the loan will actually be repaid. A parent is often at home and takes care of the children. In many cases there is no salary that does not make things easier. A salary must be so high that all fixed costs are repaid and there is still money available for the loan to be repaid. If there is hardly any money, the creditworthiness deteriorates.

This can be improved with collateral so that lending is still possible. The loan amount always depends on the credit rating. The better this is, the higher the loan amount can be. But it is not always easy for young families at banks. The child-raising allowance and child benefit are not counted as income, so it can happen that the salary is not sufficient to secure a loan.

In this case, a guarantor for the loan can be provided, who will pay the loan installments in an emergency. Another option would be to only take out a small loan so that only the most important things are paid. This would make the costs manageable and the monthly installments very low.

Conditions of the bank

Conditions of the bank

If the income is high enough and the Credit Bureau has no negative entries, a normal installment loan can be expected. In the case of smaller quantities, it is often not necessary to know what the money is needed for. Should a loan be granted, the young family can assume that they can have the loan for young families within a few days. To keep costs as low as possible, the family can also do a loan comparison.

This can be started from home on the Internet and provides information about the cheapest offers. A loan contract should only be signed after a comparison. The loan for young families is repaid in monthly installments, with the interest rate always remaining the same. This means that families can count on fixed costs every month and include them in the budget planning.

Have More Than One Credit Card?

Running out of cash while traveling abroad, at the same time you want to buy an item that you’ve been after a long time. Plus the store only accepts payments from X credit cards, or by using these credit cards you get a bigger discount. Unfortunately, X credit cards are not popular in Indonesia. This is often the reason someone has more than one credit card.

From this description, it can be seen the benefits of having more than one credit card. But keep in mind that the more credit cards mean the more burden on bills that must be borne. You should be aware of this if you have the desire to have more than one credit card. Having more than one credit card is fine as long as you know how to use it properly.

Different Cards, Different Usages


You can manage expenses if you have more than one credit card by separating them. Like for example, there are special cards for shopping for daily needs, electronics, gadgets and so on. I take the example of you having a credit card specifically for shopping at supermarkets because of large discounts, special credit cards for buying plane tickets, and so on. So you can monitor and monitor spending on each credit card, and be more vigilant if there are unwanted events.

Suppose you have a credit card X to shop for primary needs monthly at the supermarket, they have a special credit card Y for shopping for secondary items, such as gadgets and electronics and so on.

Well, if for example on the credit card bill there is the latest gadget purchase transaction, you will definitely be confused and must find out who is using the credit card account.

Take advantage of Reward Points

Take advantage of Reward Points

Credit cards always offer a gift within a certain period. If you have 1 credit card, it means there is 1 gift, then having many credit cards means you have more opportunities to get rewards from the credit card transaction.

Credit cards that offer many benefits for shopping at supermarkets or that offer reward points for purchasing gadgets and other electronic products can be used to get as many reward points as possible.

Point rewards offered by each credit card are different. For example, credit card X can be discounted at Café A and credit card Y can be discounted at Restaurant B. So if you want to have dinner you should use a credit card Y at Restaurant B. Then to chat over coffee at Café A using credit card X. If this is done, then unwittingly you already have many reward points from each credit card because it maximizes usage based on the rewards offered.

Another example, for example, you want to buy the latest gadget with 0% interest installment facilities and cashback. It turns out that the facility only applies to credit cards X which happens to be one of the credit cards they have. Then the card can automatically be used to transact and get 0% interest installment facilities and cashback services.

Each credit card gives a different reward. For example this semester there is a camera reward from credit card X if it is able to collect a total of 2,500 points. If you want the reward, you should focus on using X credit cards to transact until you accumulate 2,500 points. For the next semester, please check the program of all credit cards that you have, because each semester the reward can change.

Use as a backup card, when the main card is lost

Use as a backup card, when the main card is lost

All people certainly do not want to experience sudden events that do not wear, such as: when having to pay for an item, it turns out a credit card problem, such as falling, stolen or even left at home.

If you experience this, then you must report the missing credit card, then block and secure the credit card. But taking care of a lost credit card and getting a replacement is apparently not enough for a day or two.

If you have more than 1 credit card, then there are other alternatives in paying for the desired item with the card. While waiting for a replacement card from the lost credit card, you can use another credit card to transact.

Symptoms of Credit Card Addiction and How to Overcome It

Having a credit card and using it often makes you complacent. With pleasure, you will always shop, buy this and that, no matter how many groceries bills go into debt. If it continues, over time it can be detrimental and endanger your financial condition.

Easy and practical, two words that describe the advantages of using a credit card. The use of credit cards lately is increasing. Of course, coupled with a number of attractive offers and programs from credit cards in circulation. If you use it wisely and make good use of all the programs and offers in it, it feels like a credit card is not a burden on your finances. But, in fact, most people don’t use it wisely. Your times are included.

Feeling Alright Even though Debt Swells

Feeling Alright Even though Debt Swells

Using a credit card without wise judgment and calculation only brings disaster to your finances. If this has happened, chances are you have experienced addiction in using credit cards. Here are the symptoms that appear from people who are addicted to credit cards.

There are many people who are shocked or distrustful when they see their credit card bills. In fact, the credit card is used by him in the absence of other additional cards.

However, not a few of them told themselves that everything was fine. Regardless of the number of bills that continue to swell and threaten its finances later. Obviously this is a fatal mistake. Being calm in the face of increasingly large bills appears to be a naive attitude. This problem will not end if these vices repeat again and again.

Always grumble and upset when a credit card is lost

When a credit card is lost, without a long wait you immediately call the bank and ask for a new card replacement. Even though this business has been resolved and resolved well, you always grumble and upset yourself. You also become uneasy and impatient waiting for a new credit card. Moreover, the time of your credit card loss coincides with shopping promos with a credit card.

Easily tempted to add a new credit card

Easily tempted to add a new credit card

There are many people who have credit cards so that the blank space in their wallet is no longer empty. Whenever a credit card is offered from another bank, they are immediately interested and hope to have it soon. This is a serious problem. Because adding a new credit card and continuing to use it without control accelerates the collapse of someone financially.

Underestimate the Credit Card Interest

Indifferent to the amount of credit card interest and always shop using a credit card. Of course, this is not a problem if you always pay the full bill every month. Conversely, if it turns out you are accustomed to delinquent bills, the interest will look like terrible cancer, right?

Easily tempted with discounts

You always see discounts as the toughest trials in life. In fact, the discount is not for items that you really need. Unable to hold back, you then swipe a credit card to be able to enjoy the discount and get the item that is not too important. This is also a mistake, moreover, the discount must be obtained with a number of other conditions.

Overcome Right


The various problems above might just happen to you as a credit cardholder. While this can still be overcome with appropriate preventive measures. Below are some actions you can take.

Understand and Admit Your Problem

Don’t be shy and cover up your problems by answering everything is fine. Swelling credit card bills are a serious threat to your finances. Need proper handling to overcome this. Understand the problem and acknowledge that your finances are in trouble.

That way, the desire to improve and change is even greater. Don’t make yourself look innocent when shopping with a credit card that has not been paid. Because this will create new and new problems.

Overcome Carefully

The number of credit cards that you have may not necessarily provide the benefits that you are really looking for. Therefore, it is very important to look at which cards are really useful to you. Having a lot of credit cards has the potential to turn you into a wasteful person.

Especially if the credit card offerings are different from one another. Just select one card and close the other. Use these credit cards wisely and carefully so that your needs are truly met.

Bank offers a fixed rate loans for everyone.

Not so long ago, fixed-rate loans were very rare loan offers. This was before the introduction of the consumer credit directive in 2010, when the banks were allowed to advertise their loans with enticing low interest rates. These low interest rates usually had little in common with the actual interest on a loan, which is why it was often referred to as decoy offers. However, the consumer credit directive made it mandatory for banks to name the actual loan rate, which is why fixed interest rates on loans have been offered again since then.

Fixed-rate loans protect against surprises

Fixed-rate loans protect against surprises

The fixed interest rate has the great advantage, of course, that you know the amount of the repayments exactly and that you don’t suddenly have less money available due to interest rate increases. This means that your own budget can be planned over the entire term of the loan and you know the conditions right from the start. A loan with a fixed interest rate is therefore particularly worthwhile in times of low interest rates, where an early rate hike can be expected.

The interest rates for a loan with a fixed interest rate vary widely and are sometimes assigned depending on the credit rating. Therefore, the interest is sometimes given in a range of 3.00 to 12.99% – with a very good credit rating, you can look forward to a lower interest rate, while a poor credit rating leads to a very high interest rate. In addition, one should pay attention to whether the loans with fixed interest are stated with the amount of the nominal interest or the so-called effective interest. Because only the effective interest rates are really meaningful here, since they take into account all factors influencing the total interest rate.

Requirements for the loan with fixed interest

Requirements for the loan with fixed interest

As with all other loans, the borrower needs a good credit rating on the one hand, which is usually checked by Credit Bureau. If the loan is still granted despite poor creditworthiness and the interest rate rises as a result, the pros and cons of such a loan must be weighed up. In this case, a credit-independent loan may be the right choice, but this usually results in a generally high interest rate level. In addition, of course, your own income also plays a role, because only with a regular income can loans with fixed interest rates be granted. The amount of the loan depends on the amount of income, with the loan amounts at most banks between USD 1,000 and USD 75,000.

Debt restructuring when interest rates fall

Debt restructuring when interest rates fall

If you have agreed on a loan with fixed interest rates at a time when the interest rate is relatively high and the general interest rate falls significantly at some point, then this is very annoying in most cases. But there is still the option of rescheduling, in which the remaining loan amount is paid off with a new loan contract.

Finance your real estate purchase

Your Fine Bank advisor intervenes fully at this stage to negotiate with banks the best offer on the market!

He keeps you informed at all times and remains at your disposal. We only leave you when you have signed your loan offer and the funds are in place to make your real estate purchase project a reality.

To each his own rate


Which rate should you choose? This is a very common question. Here is what we can teach you, technically, about the two main types of rates used in France.

The fixed-rate

You are not a big manager at heart, you like stable things, and you think “security” above all: the fixed-rate seems quite suitable for your project.
As the name suggests, it will not undergo any variation from the beginning to the end of the repayment of the credit. On the other hand, you will not benefit from potential gains if the rates were to fall.

The variable rate


This type of rate makes it possible to envisage downward variations and therefore potentially significant gains. You will then be recommended to follow the rate fluctuations carefully. This is obviously a less secure configuration than a fixed rate, but it allows you to make big savings on your reimbursements.

In all cases, a renegotiation of your loan will always be possible and will allow you to request the establishment of a fixed rate.

Your advisor will work with you to assess the different aspects of each rate and help you make the right choice.

To each his loan


Putting in place a mortgage, that is reflected. You must, of course, take into account your resources, your lifestyle, but also assess your current financial management. We will be there to direct you to the formula that best suits your situation.

Remember that a home loan will have a certain weight on your budget, but should not be a burden to carry for the next fifteen or twenty years!

The fixed-rate amortizable loan


It is the type of loan most commonly used by French individuals. The notion of depreciable credit means that there is a schedule of planned repayments of borrowed capital. You are of course required to honor each deadline.

In short, with this fixed-rate version, you are guaranteed to be able to repay a monthly payment with a stable amount, month after month, until the end of your loan.

The amortized loan at a fixed rate

It is the same principle as for the depreciable loan at a fixed rate.

The difference is that you opt here for a rate that will vary according to the fluctuations of the real estate market. The notion of the “capped” rate nevertheless allows you not to see it soar and exceed a certain threshold. It is a kind of railing that will give you some security.

The mixed formula

This is a formula that will allow you to go from a variable rate to a fixed rate.

Your first three to seven years of repayment start on a fixed rate, at a rate which is often advantageous, before switching to a capped variable rate which will follow the fluctuations of the real estate market.
It is a flexible formula that suits many borrower profiles.

The loan in fine

Mainly reserved for individuals benefiting from strong resources and for investors, this loan allows you to repay only the interest that you owe to the bank at first.

You then place, on life insurance, for example, the total amount of the property purchased. When the loan matures, you can then honor the capital borrowed with this investment in one go.

Currency loan on the border area

Currency loan on the border area

For example, if you buy a property in Switzerland, this formula may interest you.

The currency loan will allow you to make a property purchase abroad (in the border area) while staying in a French bank. However, be careful with the limited choice in loan insurance: some organizations only insure on amounts borrowed in dollars.

Consumers can avail loan for photovoltaic system.


In Germany, ecology and environmental protection have long been more than just a concern of green politicians or nature-conscious marginalized groups. But saving electricity, separating garbage and using the subway instead of the car is not enough – homeowners who want to make their contribution to environmentally friendly energy use in Germany can do so, for example, using a photovoltaic system on their roof.

In an average single-family house, the purchase and installation of a solar power system costs an average of 9,000 USD. However, consumers do not have to laboriously save the entire capital for the plant for years: various public and private banks offer environmentally conscious consumers cheap loans for photovoltaic systems.

Finance the photovoltaic system with a cheap loan

Finance the photovoltaic system with a cheap loan

Anyone who decides to finance the solar power system with a low-interest loan has the choice between public and private lenders: In addition to the state development bank Infra, there are various support programs from the state or the municipality and the photovoltaic loans from private banks. Consumers who choose financial support from a private bank can choose from different lenders. A credit comparison gives consumers a good overview of the current conditions of many different photovoltaic loans after entering the required loan amount and the desired term.

Similar to construction loans or real estate financing, private banks generally require credit security when granting photovoltaic loans. The bank uses this security as a “pledge” against a possible loan default. In contrast to construction finance, when a solar system loan is granted, the system itself is only deposited as security with the bank – as a rule, no entry is made in the land register for these loans.

Subsidized photovoltaic loan from the Infra banking group

Subsidized photovoltaic loan from the Infra banking group

Homeowners can also obtain alternative and particularly low-interest financing through the state credit institution for reconstruction, Infra-Bank for short. The development bank is currently granting the subsidized loan from an effective annual interest rate of only 1.41 percent.

According to the EEG regulation passed in 2009, part of the energy generated by the solar system has to be fed into the public power grid – with the remuneration of this power feed, owners of a solar power system can often pay the running costs for its maintenance and the repayment of the financing.

Calculate repayment and loan interest with repayment calculator

The low key interest rates

The low key interest rates

More and more consumers are currently being given the opportunity to carry out real estate financing. One reason is the low key interest rates, which the Meduim Centrum Bank reduced by 0.1 percentage points just a few days ago. Banks can now borrow money from the central bank at a rate of only 0.15 percent and are therefore able to provide very cheap loans. These inexpensive loans can be found particularly in the area of ​​real estate financing, i.e. in the form of annuity or repayment loans. Interest rates on the one hand are very low, but interested loan seekers on the other hand should not forget to calculate the monthly charge.

Low interest rates can also represent an interest trap

Low interest rates can also represent an interest trap

Ultimately, the low interest rates can also represent an interest trap, because borrowers can generally not secure the low interest rates over the entire repayment period of the loan. It can happen, for example, that the interest rate after the fixed interest rate expires in five or ten years will be significantly higher than the current one and that the monthly loan rate will therefore be difficult to bear or no longer affordable. A tool that can be used to calculate repayments and loan interest is the so-called repayment calculator. With this online calculator, the interested loan seeker can calculate the monthly loan rate at which certain repayment rates and interest rates would lead.

Customer only has to provide some information

Customer only has to provide some information

The operation of such computers is relatively easy, because the customer only has to provide some information. This primarily includes the desired loan amount, the term of the loan, the initial repayment and the loan interest rate that the respective bank requires. Based on this information, the calculator can be used to calculate how high the monthly rate will be. For example, if you need a loan of over 100,000 USD and decide to make an initial repayment of three percent, you will be charged an annual charge of just 5,000 USD at an interest rate of two percent.

Calculated monthly, this leads to a comparatively low credit rate of less than 430 USD. This number already shows that it has now become cheaper for many consumers to carry out real estate financing instead of paying rent. One of the advantages of the loan calculator is that the optimal repayment and interest payment can be calculated using various variables. As a result, repayment calculators can help consumers find the right amount.