Sometimes, you allow your opponent a small win, it’s tactics! 😉 Great to be here with all of you, readers and friends: the US, Russia, Hungary, France, the UK, India, Germany, Romania, Mexico, and Nigeria! 😉
Loans are the last resort to many of you when it comes to the end of the year period. For reasons!Any loan may encounter an issue or two. It’s normal like any other thing you do in your life. In order to succeed in getting what you need for the least possible risk, you need to have your armors up.
Bobby: the most common problem for borrower is the large down-payment. This issue is now solvable. I saw many companies now requires 5% down or 0% down if that is what you want, which is really great.
Another one is monthly payments. If your down is 0% what do you expect? A larger monthly payments. does it make sense? Yes, but even that many lenders overcome that issue by giving the borrower a chance to choose longer periods of time which will help decreasing the monthly amount required to be paid.
A remaining issue is the fees. Many banks and lenders used to mount your loan with fees that may get up to 2-3% of your loan amount, which is crazy and unfair to endure. You’re trying to build up something and you need to be given all the help possible. A good lenders wouldn’t cost you any extra fees.
The question is how to know that any given loan is the one that you should take over other options that are open for you?
Excellent question and here’s your answer:
. Make sure that you know well your own financials.
. Your documents should be ready and well-organized.
. Educate yourself about the type of loan you’re seeking.
. Check on the reviews of the lenders you’re considering.
. Compare quotes that lenders give you.
. Ask questions and take notes: dates, names, or others. Most probably you’d forget those later on, and you might need to go back to any piece of info for any reason.
We hope that Bobby made it simple for you and if you need any further question pls feel free to ask for his email/phone number. It’s holidays time and may be a small personal loan would have a lower interest rate since it’s the end of the year.