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Month: February 2020

Credit rates again below 1% … over 15 years and a resumption of demand for loans in June!

Paris, July 5, 2018 – In July, the rate scales hardly changed, after the cuts practiced in June … But the banks again grant very low rates to attract the best customers, back on the market since mid-May. So it is now possible to borrow at less than 1% over 15 years, negative real rates with regard to inflation at 2.1%! In this context, Lite lender company notes a real recovery in loan demand in June, returning to its level in June 2017, but with half the loan renegotiations, confirming the resumption of real estate transactions and the desire of the French for Pierre.                                                                                    

Rates posted overall stable, but big discounts and rates at less than 1% over 15 years!

Rates posted overall stable, but big discounts and rates at less than 1% over 15 years!

In July, banks generally left their rates stable, at the same level as in June, the month in which many of them had lowered them. However, in a context of renewed demand for credit and revitalization of the real estate market, banks are granting large rate reductions to the best profiles, or to young people, with a return to rates close to the lowest historic levels of the 2016 year! “In a context of return of buyers since mid-May, the banks are competing strongly to attract the best profiles and young people, by offering them very attractive rates! Several of them have launched in recent days special operations valid all summer long with “broken” rates… We are again seeing loans granted at less than 1% over 15 years and less than 1.3% over 20 years ! The market is currently clearly in a recovery phase, boosted by rates close to the lowest historic levels at the end of 2016… ” analyzes Sandrine Allonier, spokesperson for Lite lender company .

Average rates are currently 1.30% over 15 years, 1.50% over 20 years and 1.70% over 25 years, but with negotiated floor rates at 0.68% over 15 years, 1% over 20 years and 1.35% over 25 years for the best profiles.

Examples of profiles currently benefiting from rates of less than 1% over 15 years in Lite lender company agencies:

  • 0.68% over 15 years in Nantes for a couple of first-time buyers of 35 years with $ 5,500 / month of income and 60% contribution
  • 0.89% over 15 years for a CSP + couple with more than $ 150,000 in annual income and a lot of savings in Paris (14 th )
  • 0.90% over 15 years to finance a rental investment for two 55-year-old executives with $ 85,000 in income and $ 250,000 in savings in Mayenne
  • 0.95% over 15 years for a single person with income above $ 30,000 / year or $ 50,000 for a couple in Rhône-Alpes, but also in Orsay
  • 0.96% over 15 years for a borrower with more than $ 60,000 in income and less than 35 years via an online bank
  • 0.98% over 15 years in Lorient for a couple with $ 3,000 / month of income
  • 0.99% over 15 years for a couple of seniors with $ 6,500 / month of income and only $ 5,000 contribution to Saint-Etienne

But also 1% over 20 years for first-time buyers of 32 years with $ 65,000 / year of income in Laval!

Negative real interest rates, but not an immediate impact for the borrower…

Negative real interest rates, but not an immediate impact for the borrower…

While inflation is currently at 2.1% in June, against 1.4% again in January, most loans are currently granted at real interest rates (nominal rates offered by banks “minus” the rate inflation) negative! Admittedly, this is theoretically the case, but for the borrower, negative real interest rates have less impact than they have for an investor who sees the theoretical purchasing power of his savings decrease when consumer prices are increasing faster than the return on savings …

In the case of a negative real rate credit, it is not because consumer prices increase that the weight of the fixed monthly payment for the borrower decreases… It just means that the burden of repayment of the loan will weigh relatively less than other consumer spending rising in the borrower’s budget … What really matters to him is in fact the evolution of wages … For example, the minimum wage increased by 1.24% only in 2018, a figure below inflation … “Beyond the evolution of inflation, it is the evolution of wages that must be observed to assess whether the burden of repayment of a credit falls for borrowers … It is only when wages increase that the monthly payment of the credit, which is fixed, weighs relatively less each month … But as inflation is taken into account in the revaluation of the minimum wage and certain wage negotiations, there will indeed be a positive effect but i ndirect, for the borrower, provided that inflation remains at this level in the coming years … “explains Sandrine Allonier.

The return of the credit request to the same level as in June 2017!

The return of the credit request to the same level as in June 2017!

While the 1 st quarter of 2018 was marked by a wait-and-see attitude by buyers with a demand for loans down by 20%, in recent weeks, the real estate market has regained unprecedented dynamism in 2018, with a level of demand equivalent to June 2017 …

“Since mid-May, we have observed a return of buyers, particularly in connection with the level of very attractive rates … In June, the number of loan requests returned to the same level as in June 2017, with 2.5 times fewer renegotiations, which testifies to the resumption of transactions and the dynamism of the real estate market in this summer period. In this context, the banks do not want to miss this window of fire which should enable them to progress rapidly in their objectives of production of credits, after a more complicated start to the year… Hence a particularly attractive rate policy which should be to continue again at the start of the school year, a key period for banks because it has traditionally been rich in real estate transactions ” concludes Jerome Robin, CEO of Lite lender company

Apply for a loan online or in person

Today everything has to be quick and easy. However, it remains to be seen whether this will lead to a better result. It is important to inform yourself and to strive for the best solution for achieving personal plans. Applying to Steph Pickner is important in order not to pay unnecessarily high interest rates and not to get yourself into debt.

There are many so-called “loan sharks” on the Steph Pickner, meaning dubious intermediaries. They often advertise with low prices, impossible payment times and thus empty promises. It is important to our team to provide targeted advice and support to customers.


Apply for a loan online or not?

Apply for a loan online or not?

In the Steph Pickner calculator online, you can simply fill out and send a Steph Pickner request from home. This saves the possibly tedious route to the bank counter with short opening times. An additional factor is the anonymity that many people prefer today. These are some points that are beneficial when you Steph Pickner online. Despite the speed of email contact, our employees are always looking for personal contact. In the end, however, the customer decides how to respond.  

If some prefer it anonymously, others prefer to go to the counter and get personal advice. Individual questions can be answered directly in a personal conversation. Many customers feel safer in this situation to speak about personal concerns.


Required documents for the Steph Pickner request

loan document

Various documents are required to process a Steph Pickner request effectively. If these are available from the start, the work of the Steph Pickner agent will be easier and faster. You can effectively get feedback from financial institutions in less time. This in turn means that Steph Picknerkunde gets the requested money faster.

The following documents are required for an initial assessment of the financial situation:

  • Copy of a valid ID (Swiss passport or ID, foreigner ID)
  • Copy of the last three salary slips
  • Copy of the health insurance policy

Other documents can be requested at a later date, but they vary depending on the case.


Loan processed in 24 hours and paid out in 14 days

money Loan

Our team processes incoming Pett ‘s sniff request in 24 working hours. During this time you will be contacted via email or phone. At the end of our Steph Pickner request, you have the option to upload documents. This helps us to process your case quickly. In some cases, the bank decides on the Steph Pickner award within 48 hours. This if the complete documentation is available from the start.

The legal waiting period for the payment of personal loans is 14 days. Then the money is paid directly to your bank or postal account.

Beware of Naughty Online Loan Applications, Know the Characteristics!

Online loans are on the rise as they are easy to apply and the process is fast. But if you’re not careful, online lending is extremely vulnerable to online scams. To avoid getting caught, be aware of the features of online loan applications that you should avoid!

Anyone unfamiliar with online loans

Currently, online lending is being talked about by the Indonesian community. The reason is that this type of loan is very much a fan. In terms of one’s financial condition, it is not always excessive. There are times when we have economic problems that make us have to lend. Not only because of economic problems, when there is an unwanted risk such as hospitalization, accidents, and so on, people are more likely to lend money.

Online loans are one of the types of loans you can get by applying online, either through a website or an application. This loan was provided by a fintech (financial technology) company. Since these loans are not provided by the bank, then, of course, you have to be extra careful as there are many fraudulent practices that name online loans.

Features of Naughty Online Loan Application

Features of Naughty Online Loan Application

Actually avoiding the risk of fraud from this nasty online loan application is not difficult as long as you look at some of the features below!

  • Not Registered in OJK

One way to recognize a nasty online loan is to check if the name of the best online loan application is already registered with the OJK (Financial Services Authority). Once registered, the online loan is secured as the OJK will oversee all processes involved in lending activities online, from the process of filing, disbursement, payment, to billing.

  • Information About Incomplete Loan Products

One of the characteristics of a nasty online loan is that it does not provide information on loan products clearly. Usually, they only provide information on the loan product they offer. Therefore, when reading product information, be sure to include interest rates, installment tenure, payment method, any additional fees, sanctions imposed if late payment, and so on.

  • Ask for Cash

The next feature is the requirement to provide a certain amount of funds if you want a fast loan. You should know, when doing online lending, there are some administrative costs, but it is only a small amount of money and much less. So if anyone asks for up to $ 1 million in funds, they definitely intend to cheat you.

You have to ask yourself, why would anyone want to borrow money instead of borrowing money? Most people who lend money fast are in desperation or really need a large number of funds right away. So they would definitely be willing to spend $ 1 million to get a loan of $ 100 million. So be sure to be careful about things like this when applying for a loan.

  • Request Banking Data

You should be suspicious and be wary of lenders who ask for a bank pin or password that you have for a reason for lending data. In most cases, the requested data is just a name, phone number, email address. Banking pins or passwords are personal and should not be disclosed to others. Especially if they ask for credit card numbers and so on.

  • Send Unauthorized Email

Keeping in mind every single detail is a must. But sometimes we are unaware of such things. Let’s say that the email sent by a low-interest online loan application. When confirming and following up, the usual procedure is to call or email. Company email with a legal alias always uses the registered email address of the company because they represent the company, not a personal email address. So if they appear to be using a personal email address, then you have to be suspicious.

  • Office Names and Addresses Not Available on Google

An easy way to find out if the online loan application you are aiming for is to check Google’s office and address. If you can’t find your office name and address on Google Maps, then the online loan application you’re referring to is not a registered company because it does not have a physical office. By searching Google for your name and office address, you can also find comments or opinions of people who have used this online loan application.


  • Existence of the Force

The last feature of a naughty online loan application is the coercion directed at you. Usually, some people make long-term decisions so when they ask the lender, they do not immediately apply for a loan and say they will contact the lender again if they have made the decision.

The lender will definitely follow the follow-up process to reconsider your decision. When asking this question you should pay attention to the lender’s behavior. If they are overreacting by forcing and constantly calling, then we definitely have to avoid it. Because it could be that the lender is illegal.

Secure and Trusted Online Loan Application

Secure and Trusted Online Loan Application

Now you know that these are not the features of a liquid direct online loan application that you must avoid. If you want to secure a secure and reliable online loan, you can apply it through Good Finance. Good Finance is an online application that has been registered at the FSA since 2017.

There are two types of online loans granted by Good Finance, the Short-Term Loans and Installment Loans. Short-term loans are divided into two loan Loan Fast Way and providing loans from funds from $ 50 to $ 5 million with a 10-30 day installment period.

As for the loan, the installment is also divided into two loans and loan Premier Way + + which provides loans ranging from Rp 4 million to Rp 20 million with maturities of installments ranging from 3-6 months.

  • Download the Good Finance app on the PlayStore or AppStore
  • Sign up by filling in your personal information in the form of your full name, email address, and phone number
  • Do logged into the application
  • Fill out the requirements of the requested document
  • Determine the loan amount you want and the tenor of your loan
  • Click submit and wait for Good Finance to process your 24-hour online loan application

If you already understand how to do it, just ask a loan online in Good Finance yuk!