when we take a decision for credit, we need to think again about our financial needs in depth, ban about getting a lot of money in a short time, but how so that we are trapped in a circle of debt that is likely to rise over time bunganyna, dengen this artikle we will discuss how to choose the right creditor with reasonable interest
Understand your needs: a solid credit Foundation is important to reassess the main needs of the loan whether it is for Education, home renovation or business capital after knowing the purpose of financing we can adjust the term kreidt how long we propose ppmfinance, do not even borrow more than necessary because it will increase the burden in the future
Types of credit after evaluating the next need we see also the types of credit types
This type of unsecured loan is often used because of its ease of access, even people who have Securities guarantees can easily get loans, but this loan has one disadvantage because interest rates tend to be higher than the interest rates set by Bank Indonesia
Credit with Collateral this loan requires the borrower to have a guarantee to be guaranteed if at any time the borrower has difficulty or does not pay the debt at all, the advantage of this jemis credit is that the interest rate is small
Personal credit one benuk credit that is suitable for all purposes with variable interest rates depending on the value of the interest rate BI Rate
Home Loan long-term loan home purchase with fixed interest rates and collateral in the form of Land Securities
compare the best offers from several financial institutions
studying the form of credit that you want the next step is to compare financial institutions, each institution offers different interest rates, fees, and requirements, this is very important to get the best offer with interest rate considerations, additional payment periods and make sure you have a good reputation and transparency, don’t let any PR be driven today because one institution gives interest
Learn credit agreement avoid high interest trap
check again carefully the credit agreement make sure to read the entire document carefully, check again every detail of the amount of interest rates, hidden fees, penalties if late payment, not infrequently as discussed earlier the institution hides additional costs by increasing the total loan, do not hesitate to ask if necessary ask for a copy of the document to be studied at home
Estimate Credit payments
take advantage of some of the features provided by platforms such as online calculators to calculate the amount of payments needed based on the loan amount, loan term interest rates with this we can estimate how much influence monthly installments have on our monthly expenses, review again as much as possible choose loans with minimal interest and long terms
memlikih credit requires careful planning is not quiet how to get a lot of money in a short time, but bagiaman to mengmbalik the money, and do not do debt loans again, it is important to avoid the trap of high interest by choosing a loan in accordance with the budget and the ability to finance, take advantage of online credit simulation to estimate
degnan lankgah is expected we are more selective in debt priority to productive debt than debt konslumtif, find credit that provides benefits, not ang be a burden in the future