The personal loans are experiencing a new boom with the Internet. This is, for example, micro-credits offered by a large number of financiers, and usually have some basic characteristics: it is granted only to residents, no extensions are automatically made, there are surcharges for non-payment and late payment interest, etc.
The personal online loans are fast and very easy to get: no payroll or endorsement, paperless in minutes. It is something that can be found in the financial websites that offer them but, what can be considered of the loans and credits online?
Conditions Of Personal Online Loans
Online loans website is a showcase of the finance company, states in its terms and conditions that, after the acceptance of the loan, the amount will be automatically entered into the bank account provided, with the acceptance of the recipient.
Depending on the amount and conditions of the borrower, the lender will assess how the loan has been repaid, passing through the Remote Service according to the requirements. The day of the expiration will be able to opt for the return or for the extension, considering that the minimum of this will be 7 days (costs of 7%) up to 30 (costs of 20%).
The penalty for non-payment or fine is, in the case of the indicated entity, 1% per daily default as of the third day of non-payment, plus 30 dollars. In any case, the borrower can avail the right to withdrawal, without having to indicate reasons and without penalty, within 14 calendar days from the date of issuance of the decision.
In this case, personal loans are up to 1200 dollars that can be returned by credit card, by transfer or cash, within a period of 5 days or 62. Both in this and in other cases, pay attention to the type TAE, but also to commissions and bonding.
Online personal loans application
You will find many finance companies that offer a certain service proliferate, so you should do the comparison websites of personal loans online direct lenders.
It will be necessary to specify the amount, the desired time of return, the reason why you need the money, the employment situation, the time taken with this type of contract, the profession, the net monthly income, the fixed expenses, the date of birth, the marital status, the number of dependent children, the type of housing and the postal code.
Once the process is finished and taking into account the geographical location, the personalized proposals of the different entities will be sent to the e-mail.
Other options to get money
The truth is that the new information technologies have opened many opportunities to develop a business idea, which does not mean that there are not the same problems as a few years ago. Mainly, the lack of funding.
Although having money is not the first step (you should first study a good business plan), liquidity will be needed in the long run. That it is not the lack of it that stops an entrepreneur. Next, we collect other proposals.
1) Micromanagement: It has become a popular option in recent years, especially after the banks closed the credit tap, in the midst of the economic crisis. It is anonymous contributions directed to the project, and then the advantage is that you do not have to pay it back with the corresponding interests. The most difficult thing, however, is to get the attention of the community with an innovative project that interests them as much as to support it.
2) Public and private institutions: Tools for the entrepreneur are offered by different institutions, at the state, regional and local levels. One of them is the Directorate General of Industrial and Small and Medium Enterprises, which through its channel “Entrepreneur” offers a lot of information: project simulator, business plan, constitution process … Local development agencies, schools business or chambers of commerce are other examples. Also private investors.
3) Help from relatives and friends: Having the help of a close person may be a good idea, but it is best to consider certain aspects, such as selecting the person well, being transparent with the purpose and development of the plan and, if of high quantities, count on more than one to support the load. In addition, it would be advisable to formalize the loan, even between individuals and without interest, to avoid possible problems with the treasury in the future.