There are no perfect loans in the financial sector.

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?

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. So we can continue all day, you understand?

Because there are people who have the feeling that there are perfect credits in the market?

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.

Mini-loans of $ 500 without paperwork.

When recommending microcredit companies, online loans may be an option.

When recommending microcredit companies, online loans may be an option.

At least if you are looking for urgent money of little amount and processed instantly.  So if the credits of this Financial Technologies can be useful as they are mini-credits that are signed on the same day.

For little more we can recommend the loans of this financier.  Basically because both the APR of your credits and their short repayment period makes it not always make sense.

Only when clients seek very small amounts and for the short term can we defend them.  Not only the Lite Lender Company credits, by the way, those of the rest of the mini-credit companies.  All micro loans must be used with the short term in mind and for specific moments. We should never use this financing for anything other than this.

Why do we talk about Lite Lender Company loans?

Why do we talk about Lite Lender Company loans?

Well, just like we have done with other Financial Technologies companies.  There is nothing wrong with showing the characteristics and conditions of these online financials.  And today it is Lite Lender Company’s turn being one of those that have been on the market for years.

Its financial offer is limited to the signing of micro-loans of up to $ 500, therefore not being the best option.  We can say that the loans of this financial company meet the usual characteristics and requirements of the sector.  And of course, we don’t like that because the financial variety is always welcome.

Who can apply for the Lite Lender Company credits and what conditions do they have?

Who can apply for the Lite Lender Company credits and what conditions do they have?

Being the first thing that customers are interested in, we will know both the requirements and their conditions.

  1. We can request up to $ 500 without guarantee.  However the first time the amount will be limited to $ 250.
  1. New clients will be able to request the first free loan.  Even if the limit is $ 250, they will not have to pay interest for the first signed loan.
  1. The return terms are from 1 to 30 days.
  2. Customers can get the money in minutes.
  3. You have to be able to justify income.
  4. You must have a DNI or NIE if you want to be able to request one of these loans online.
  5. The applicant’s age must be at least 18 years old.

Request one of these mini loans at Lite Lender Company.

Next we want to show you the steps that are followed to process one of these credits online.

Processing as it could not be otherwise is very simple and consists of the following.

  1. You enter the official website of Lite Lender Company at Lite Lender
  2. Within its website you will have to fill in the information requested by the financial company.

On the one hand term and amount and on the other your financial, labor data…

  1. The finance company analyzes the operation.
  2. If it is approved, you will have to confirm your information and once done, transfer the money to your bank account.

This whole process usually takes no more than 15 minutes, being quick and without obligation.  The process that is followed in these microcredits is the same in all Financial Technologies by the way.  Just take a look at all the companies that offer financing to realize this.

Lite Lender Company’s opinion by its users

Because you already know our Lite Lender Company opinions.  For us, all credits that contribute something to the market are positive.  At least as long as its processing makes sense, which is what happens with the mini loans of this financial company.  Users from what we have seen also have an acceptable opinion of this company.  And although it is true they do not offer anything different for urgent money needs if it can be valid.

Currency Now opinions Are you trustworthy in your online loans?

The financial company Across Lender Now, belonging to the Capital Lender group, offers online personal loans of up to 5,000 USD. These are loans without collateral processed online where customers can access that amount. At Lite Lender Company we have to point out that this financing is similar to that seen in microcredits.

With a difference to highlight everything is said, both the deadlines for returning the money and the amounts are longer. The advantage of Across Lender Now loans is that you can get money in the same day without having to provide guarantees.

And although it is true that the APR of these online credits is high, many people can use it for the short term. Because that is one of the recommendations that we always give at Lite Lender Company. Never apply for loans online but it is to return the money in a short time.

Currency Now as a Financial Technologies that makes loans online

Currency Now as a Financial Technologies that makes loans online

As we said at the beginning, Across Lender Now is one of the brands with which Capital Lender operates. This is a money company dedicated to offering online paperless loans online .

The main characteristic of this financing is that the processing is online. This can be positive or negative depending on who watches it. Because just as there are people who appreciate being able to process loans without posting, there are those who prefer traditional processing.

For us this is secondary, the important thing is to see if the financing is adapted to what the clients are looking for. This trademark is very similar to another from the same group named Good Lender.

The Capital Lender Financial Group operates under different trademarks. In the same way that we have named Good Lender, there is also this Across Lender and even for a while there was Panda.

And although each brand usually offers different types of credits, the truth is that the first two are almost exact. The only difference between Good Lender and Across Lender Now is that the second one allows a longer period to return the money.

What characteristics and requirements do Across Lender loans have?

What characteristics and requirements do Monedo loans have?

The first question that people may have is about the characteristics of this financial product.

What we can advance you at Lite Lender Company is that they are similar to any other online loan .

  1. To be able to apply for the online Across Lender Now credits, you must have a DNI or NIE and have residence in Spain.
  2. The processing of credits will always be carried out online
  3. They are seen as personal loans and without collateral since they do not have to look for guarantees to put as collateral.
  4. Speed ​​is also one of the strengths of this financial as we see in Lite Lender Company.
  5. Customers can get amounts ranging from $ 750 to $ 5000.
  6. They do not accept the ticket except when the ticket is for small amounts and by telephone or the like.
  7. It is necessary that you can justify demonstrable income of any type.

A payroll, pension or self-employed income may be valid.

  1. The term to return the money is a minimum of 1 month and a maximum of 48 months.

We are surprised to see how more and more online financial companies say they can offer loans with Financial Credit Institution. Something that sincerely makes us laugh because we know internally the operation of each of these entities.

Basically because we collaborate with many of them and we know that their codes have them programmed to deny with Financial Credit Institution.

If you are in someone list of defaulters it is better that you take a look at the different financial companies with Financial Credit Institution that there are.

What are our Currency Now opinions?

What are our Currency Now opinions?

Even being considered as easy loans to get, we cannot forget that these will have their requirements. Compared to mini-credits, for example, this financing has high requirements. Now, if we compare it with bank financing or that of consumer loans they will be few. As a formula to get fast money if we believe that they can be a good alternative. It all depends on what each one prioritizes in the search for financing. We rate our Across Lender opinions as good because we do so taking into account the processing speed. We also take into account the requirements, but here there is not so much difference with other personal loans

As for the disadvantages of the financial currency, it has to do with its cost or APR. It is not necessary to forget that they are loans without endorsement by Internet and consequently it will have an APR similar to the one of these. Still for those who are looking to sign a loan in a short time if it can be valid.

Process to request financing in Across

Process to request financing in

If you want to process any of these personal loans online, you are interested in knowing the process that is followed. Also add in Lite Lender Company that this process will be similar in all Financial Technologies financial companies. One of the characteristics of these money companies is that they all work the same way. And in that sense the processing of your credits will not be different.

1. Enter the official website of Across Lender Now to request any of your credits.

2. Upon entering you will see that there is a kind of contact form where you can put both amount and monthly fee to pay.

What you will have to do is indicate the credit you need both in amount and in installments. It is necessary that you adapt the financing in that phase because later you will not be able to make modifications.

3. As soon as you enter the information, Financial Technologies already tells you what the financial cost would be.

In other words, it will indicate what monthly fee you get, what the APR is, the interest rate applied. With this information you can decide whether or not you are interested in continuing with the financing.

4.If it is in your interest you go to the next phase in which you will have to fill in the rest of the information.

ID, names and surnames, information about your income …

5. With the information, the financial institution analyzes the viability of the requested credit.

6.Response of the company, being able to be approved or denied.

This process is the same as that followed in any microcredit company. It happens in this way because as we have said before, it is usual for those who sign loans online to work the same. You can see it by analyzing what process is followed in the processing of other credits.

Currency does not accept Financial Credit Institution almost never

We say almost, we do not say that it is 100% because in some cases it can make the exception. If a person with fixed and stable income is in Financial Credit Institution for $ 50 with a telephone company, it is likely that they will not value it.

On the contrary, if the debt is a medium or high amount for financial debt, it will always be rejected. This is the case both with this financial institution and with the rest of the microcredit companies .

Those who say they can offer microcredit with Financial Credit Institution are a minority. And those that claim to be able to offer financing even when the debt in the registry is for an unpaid loan will only be possible by private capital. Never through online credits in the form of mini-credits and the like.

Conclusion of Personal Loans Currency

After all, we can make use of this financing when looking for money in a short time. For those who may need money on the same day and without having to provide too much documentation, it may be a good option.

What we do not advise in Lite Lender Company is to sign these credits and make the return in the long term. It is not what they were created for, their main mission being to cover unforeseen events.

A loan in spite of maternity protection is usually supposed to help

Legislators around the world recognize the time immediately after the birth of a child as a special and worth protecting situation. That is why there is so-called maternity protection in Germany. In this situation, the woman can stay at home and take care of the child without fear that her job will be assigned elsewhere.

At almost the same time, however, the financial needs of the young family, which is now one member larger but has to make do with a salary, is also increasing. A loan in spite of maternity protection is usually supposed to help, but it is not easy to get.

The necessary money is missing

The necessary money is missing

In principle, a loan is lacking money in spite of maternity protection, which has a negative impact on the family’s creditworthiness. The mother can return to her job, but by then the family will probably live on the father’s income. Its credit rating drops because the living expenses for the maintenance of the whole family have to be deducted from its income. In the case of a loan despite maternity protection, the situation is presented in the form that what is left of the money afterwards must be sufficient to pay the loan installments.

So a loan is possible despite maternity leave

So a loan is possible despite maternity leave

However, it is not entirely impossible to get such a loan despite maternity leave. Banks react flexibly to this situation because, on the one hand, they are socially required to help families, and on the other, it also makes economic sense. Because the mother has the guaranteed right to return to her job and the economic situation improves again for this reason.

If a bank does not accommodate the loan, another financial institution is guaranteed to do so. Many financial institutions therefore grant a loan, the repayment of which begins only after maternity leave. In this case, it is pretended that the mother is still in wages and bread. So far, this system has proven itself many times, which is why it is offered by almost all banks after a few negotiations.

5 Things to Look For Before Applying for a Loan in an Online Loan Application

Money has become one thing that is needed for many people. Money can be a solution when people want to open a business, to develop a business that they have, to buy daily necessities or use it for emergency needs. It is this emergency need that sometimes people never expect to come so there is no emergency fund preparation that can be used.

However, as time goes by there are many conveniences that you can feel when you need emergency funds, namely by using an online loan application. With this online loan application, it is easier for many people to apply for loan funds more easily and quickly, but this ease is sometimes used by some individuals to commit fraud and such.

Therefore, before using the convenience of online loans you must first understand the 5 risks involved in online loan applications.


Things to Look Out For in an Online Loan Application

High Interest Rates

High Interest Rates

Usually some online loan platforms apply at relatively high interest rate compared to the specified interest rate. Therefore, the high risk is due to the ease of the requirements and the fast approval process. However, if the customer understands and can make calculations at the beginning of the loan agreement, it should not be a problem.

The problem is that most of these prospective borrowers immediately apply for loans without thinking about the risks in the future, without doing calculations then making late payments and finally confusion in returning the loans.

Therefore, the most important thing for prospective borrowers is knowing the interest rates of the proposed loan and the conditions that exist in the loan application.


Personal data

loan data

Usually when downloading an application on your personal cellphone, of course there is agreement for the downloader regarding the data that will be used by the application developer. This is what is sometimes used by unscrupulous individuals and make your personal data finally exposed.

Actually it is not entirely wrong if indeed the data is used for credit applications that have also been approved by you. A trusted online loan application will also certainly use this personal data for the right purposes not to be used for other purposes.

The most important thing is that the prospective customer understands and understands that he has given approval for the use and access of personal data for the purposes of applying for loans not for other needs.


Approval Process

loan Approval Process

This is not merely fast and not always long in the approval process. It depends on how many loans are filed on the platform, some online loans that we often know will certainly offer a promise to disburse funds in less than 24 hours. It is indeed not impossible, but sometimes the mistake is approval that ‘hang’ is sometimes complained of potential borrowers. The intention is that the submission submitted by the prospective borrower is accepted or not.

These conditions need to be considered and understood by prospective borrowers when applying for loans online.


Billing Administration Fee

credit loans

This is also something that is often forgotten by prospective borrowers. Remember! When you are in arrears, the risk is not only facing the collector, but there are also late payment fees. This risk can be reduced by ensuring that online payment access is good enough and providing more payment access is easier.

One thing to remember is that the amount of this fee is quite large when compared to the loan ceiling. The problem is that the provisions regarding the fees that need to be paid if the prospective borrower is later in arrears, are not clearly stated on the website on some existing online loans. However, there are also some online loan applications that clearly display the conditions.

The most important thing is that prospective borrowers must understand clearly all credit agreements carefully so that misunderstandings occur that cause you to lose money eventually.


Online Loan Application Not Registered Financial Services Authority (OJK)

Online Loan Application Not Registered Financial Services Authority (OJK)

Many application services offer online loans quickly and easily. However, of the many existing services, not many have pocketed a permit from the Financial Services Authority (OJK). Well, because of this permission from OJK is very important considering applications that already have licenses from financial institutions such as OJK certainly make these applications have more credibility and are more secure with the supervision of institutions such as OJK.

Then, how to see which online loan applications already have licenses from the Financial Services Authority? You can see it through the OJK website directly, because currently there are only 25 companies that are licensed and registered with OJK. One of the 25 companies is Lite Lenders Credit.

Lite Lenders Credit is a Lending Indonesia Peer-to-Peer (P2P) platform that connects SMEs who need loans to develop their business with a group of lenders to fund these loans. Lite Lenders Credit also provides access to business capital loans to SMEs with competitive interest rates and flexibility in loan tenors, payment models and collateral participation. Not only that, the Lite Lenders Credit also provides an opportunity for prospective lenders to obtain attractive returns in accordance with existing risks.

The grouping of credits in 5 questions

The grouping of credits often challenges … Between television advertisements, the reality on the ground and that of the profession, many questions often arise among our customers. We will answer the 5 most common questions.


Why carry out a grouping of credits?

credit loans

We are all looking for controlled budget management. But when we have projects in mind, we are all inclined to take out loans. Grouping them into a single monthly payment allows you to:

  • Reduce your monthly payments rather than accumulating them
  • Include your current loans (real estate, consumption…) and also your personal debts
  • Invest or finance new projects (purchase of real estate, children’s studies, preparing for retirement, etc.)
  • Reassure your banker about the solutions you adopt to better manage your budget

Quick to set up, credit consolidation offers you a simple and effective solution to give new impetus to your budget.


What are the steps to take for a loan consolidation?

The first thing to do is to clearly present your situation and clearly express your needs (Will the grouping be used to improve your cash flow and / or to finance new projects?).

Then, you must provide all the administrative documents necessary for the study of your file.

And that’s all! It is up to your broker to question the various banking partners to meet your needs and find you a suitable solution.

Practical information:

You do not have to change banks during a credit consolidation.


Do I have to put several brokers into competition?

credit loans

There are only 7 banks specializing in credit consolidation. They all work with different brokers.

You are very likely to have your file deposited at the same banks at the same time and only the first file deposited counts. So multiplying contacts with several brokers will not help.

Practical information:

Check that your broker is properly mandated by these 7 banks to offer you all the existing solutions


Consolidate its credit, how much does it cost?

All people with so-called “stable” incomes (permanent contracts, pensions, etc.), of all ages, whether or not they are owners (remove files from French banks), are eligible for credit consolidation.


Who is eligible for a loan consolidation?

Consolidate its credit, how much does it cost?

All people, of all ages, owners or not, including those registered with the Banque de France, are eligible for credit consolidation.

Credit consolidation is a simple solution to reduce your monthly loan payments and finance new projects. Any more questions?

Real estate credit: bank criteria

Is there a possibility of being an owner? borrow how much? will the credit application be accepted? When we decide to start buying apartments in Bayonne, there are many questions that arise. Above all, the amount of your home loan depends on your income and your personal contribution. These are the two criteria that will determine the estimate of the amount you can claim. Lending institutions pay a keen interest in the debt ratio of their customers, which must not exceed 33% of their income. Normally this is the case, but as soon as the buyer has comfortable income, the banker, taking into account the “remaining to live” will increase the debt ratio.


How much can we apply for?

loan apply for?

Each rule has its exception. Regarding the 33% rule, households with substantial resources will escape the fateful threshold of 33%. Banking institutions are integrating another parameter into their calculation rules: “the rest to live”. It is defined by the amount that remains in the household, when the monthly mortgage loan has been paid. This remainder must be sufficient to cover the expenses of daily life (food, clothing, etc.). Also, in the event that you have considerable income, the bank can possibly grant a more substantial mortgage, in spite of raising your debt ratio to 40 or 45%.


Personal contribution

Theoretically, having sufficient personal input is frequently the cornerstone of successful funding. Personal contribution is a sum of your own and available to you before borrowing. The larger this contribution, the better the conditions agreed by the bank.



online loan

To obtain a mortgage, it is best to first contact your bank. Indeed, she knows you better. However, it is not absolutely certain that she will offer you the best product. Checking other offers at other lender establishments may be wise. Do not hesitate to compare and let the competition between banks play. Your bank can align itself with the proposals of its colleagues, or you opt for the offer of another lender more advantageous for you. You can also ask a broker who will present your file to the various banking establishments that work with him. You can make sure you have the best rate and you will escape the numerous steps of banks.


Bank administration fees

In the range of 600 and 1000 dollars, the administrative costs represent approximately 1% of the borrowed capital. Its administrative fees differ from one bank to another, the rates are not regulated. As a result, they are therefore negotiable. Try to get a discount especially if you find that the frauds offered by the other bank are cheaper.