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Rental Loan – Money for Bulgarian Students

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Cash withdrawal is unpleasant, but almost every young person in one or the other has had to get to that position. Most Bulgarian students put up relatively little money, which rarely gets to pay for the current monthly payables.

Parents usually help, but sometimes they themselves are in a difficult situation.
When faced with financial difficulties, students usually find it difficult to find a solution because it is more difficult for them to withdraw a loan.

Few of them have permanent income, and even if they are, they are usually quite low. Despite the difficulties, some companies offer students an online credit that is specifically designed to pay accommodation.
The company is CashCredit and the mission is to offer the best possible conditions to a group of people who are in most cases subject to deprivation that results in too much of the costs faced by students.

 

Is it justified to withdraw credit in order to pay the rent

Is it justified to withdraw credit in order to pay the rent

The public has created such an image of the credit that every withdrawal of money is viewed a little more rigorously than necessary. Still, we are all people and everybody can sometimes find themselves in a more difficult situation. Most of us avoid using this type of service unless it is absolutely necessary, however, sometimes a person comes to a situation where he can not cope alone.

 

Do we have to pay the loan with a loan

Do we have to pay the loan with a loan

This is a rather complex issue, which in most cases does not leave us a big choice. Rent is a major expense, and food costs. If we do not have relatives and relatives to live in, we certainly have to secure enough money to meet this cost.

Naturally, it would be best if we can deal with it without having to withdraw money, but this is not always possible. Wages are low, and rents are high. Of course, we could reduce our spending to the minimum we can afford next month, but at salary levels in our country, that is not really easy.

 

Why rents are so high

Why rents are so high

Generally, they are much lower in Bulgaria than those paid by people in other countries across Europe. The problem is that the youngsters and students who still have low incomes and not very well paid jobs live most often.

If we also add that they tend to target the most expensive cities in the country, the picture becomes even clearer. Poor college students and expensive big cities are a combination that naturally leads to an even more severe shortage of funds in the first. If we need to briefly sum up the reasons for the high rents and difficulties of the students, they are usually:

 

  • Need to live near the university (that is, most often in the center of
    city);
  • Living in a big city, such as Sofia, Varna, Plovdiv;
  • Low income;
  • Lack of permanent work;
  • Lack of free time for full-time;

 

What principles to observe when drawing

What principles to observe when drawing

Taking credit in order to pay our rent is actually one of the most justifiable circumstances for withdrawing money. This is still a cost we make to have a place to live.

What is important is, however, that we can avoid borrowing, because there is a closed circle and, ultimately, we are in a situation where we do not have enough money for the next month because we must first clear up our obligations for the previous one .

 

What does the Cash Cock Team do to us?

We at Cash Credit advise you to always be as reasonable as possible in allocating your financial resources and, as far as possible, to make sure you live with what you have as a budget. All withdrawn loan money must then be returned, so this is a timely solution. It is our advice to only pull as much as you need to do without getting into extra money for side things. If you do not have to pay 100 leva to pay for the apartment, draw only that. Any extra sum is a waste of money that is not necessary.

 

Find the Best Credit Loan

 

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Perhaps you have already been in situations where you stand and have lacked or dreamed of something special. It can be a new car, a vacation, an upgrade of the home or something else? Our dreams are different, but in many cases our lack of budget can make it impossible to realize them. In such cases, a credit loan may be a good solution. This type of loan gives you the chance to borrow a loan that you can manage yourself. With a credit loan there is therefore no requirement what the money is to be used for and you have total freedom. We need to take a look below on how to find the best credit loan for your situation today. Enjoy!

 

How do I find the best loan?

How do I find the best loan?

Fortunately, it’s not hard to find a loan. No matter what your situation is, you can find different types of credit loans to suit your needs. You do this by applying to the many different providers that you find online today. Today, there are many Danes who realize their individual dreams and desires by borrowing online. Online you will find a huge selection of different loan providers, but it is important to remember that there are different conditions and prices depending on which loan provider you choose. It is therefore also always a good idea to make sure to give yourself plenty of time to compare and investigate several different offers before deciding. After all, you probably want to make sure you get the cheapest loan.

Finding the cheapest loan can be time consuming. It requires that you take the time to compare the prices of all the individual providers. If you lack money now and then, you probably have no time or profit for it – the vast majority of Danes want the process itself to go as fast as possible. It can therefore quite well respond by using a comparison page . By using a comparison page, you get a complete overview of all available providers. All you have to do is enter a few individual information about yourself and your financial situation and you will then see a complete list of providers available based on your requirements. The smart thing here is that you don’t have to worry about wasting time. You only get shown providers that are relevant and where there is a chance that your application will be approved!

 

Is it easy to apply for a loan?

Is it easy to apply for a loan?

Although there are many misunderstandings about online loans, it is actually easy to apply for an online loan. As a general rule, few demands are also made on you for you to be granted the loan. There is usually no requirement for you with regard to security, but you must however expect that the individual providers often make a few basic requirements for you. The most common ones are that you earn or have a fixed income, that you are resident in Denmark and that you at least have reached the age of 18. However, some providers may also require you to be 22 or 25 years of age. It is therefore important to examine the individual terms in advance before you start applying. We also recommend that you submit multiple applications at a time, so that in this way you increase your chance of getting a loan. As a rule, you can expect to hear from the provider the same day, but please be aware that your loan agreement will not be valid until you have signed a contract with your digital signature.

 

Loans with or without security?

Loans with or without security?

As providers generally do not impose any special security requirements, you should also expect that the interest you receive on an online loan is slightly higher than if you had taken out a loan at the bank. In addition, of course, do not forget that it is extremely important to remember that the loan must also be repaid. If you do not pay the loan back in time, you can expect to be charged different interest rates and other penalty costs. These can quickly lead to your loan going very quickly and becoming extremely expensive for you in the long run. Therefore, always think about your situation before you borrow and settle with yourself even if you really have the opportunity to redeem the loan before the deadline expires.

 

Consider whether you need a loan

Consider whether you need a loan

Just as you should consider whether you really have the opportunity to redeem your loan, you must also make some other thoughts. First of all, consider whether you actually need to borrow money. If it is a small amount, it may be better to save on a smaller period. Of course, this also depends on how much you need the money. If you are in an emergency , it may be necessary to borrow money now and then, but if you just want to pamper yourself, it can be a better solution to wait until you have saved up. In this way, you will also not have to rely on a lot of interest, which can quickly become towering in length. Of course, it is possible to find cheap loans, but nevertheless you must remember that it will always cost you in the end.

In any case, we recommend that you prepare a comprehensive budget that describes your finances down to the last detail before starting to consider borrowing. This way you also avoid sudden unpleasant surprises. Once you have drawn up your budget, you will surely find out that you may be spending more and more time than you actually think. Consider your budget as a friend and not a limitation. Only by gaining control of your finances will you find out how much you benefit!

 

Employee Loans, How to Apply for the Best Loan?

 

What are the Employees Loans?

What are the Employees Loans?

Loans are forms of financing reserved for employees of this company. Thanks to the agreements that apply, Employees can apply for a subsidized loan, lowering interest and obtaining more liquidity.

Available Loan forms are:

  • Personal Loan
  • Employee loans
  • Delegation of Payment
  • Mortgages

 

What are the benefits of Employee Loans?

What are the benefits of Employee Loans?

Employees have the possibility to apply for Loans that enjoy large discounts . The main advantages are due to the interest rate , which is much lower thanks to the Cession of the Fifth and the Delegation of Payment. In order to obtain this loan, it is not expected to work long, it takes only a few months of employment and a permanent contract (without expiry) to obtain a high amount. This is why the Salary Fifth Transfer and Payment Delegation are the most attractive and most requested financial solutions for FCA employees.

 

 

What is the Cession of the Fifth? What is the Payment Delegation?

 

The Cessione del Quinto is a special form of non-finalized Personal Loan reserved for Employees (Ministerial, Public and Private) and Pensioners (former Public or Private Employees).

A fundamental characteristic that differentiates the assignment of the Fifth from the other technical forms of Loan is the particular repayment method, which provides for the direct involvement of the Employer / Pension in the payment to the bank providing salary / pension shares withheld from the customer on a monthly basis. In order to increase the net payable to the customer, the Delegation of Payment is assimilated to the assignment of the fifth, a type of loan that can be granted only to employees of the Ministry, Public and Private.

The assignment of the fifth is a right of the employee to whom the employer can not object . Instead the Delegation of Payment requires the consent of the employer . Summarizing, with the transfer of the fifth you can commit your monthly salary with a maximum payment of 20% and with the Payment Delegation you can take advantage of another installment of 20% of salary. For a total of 40% of the net salary. In this way, large sums of cash can be obtained (also with current mortgages or reports as bad payers).