What credit for what? Solutions for financial needs
Various loans are tailored to meet different needs. Below is a brief explanation of which loan offer is best to use in various situations
When you build a house or want to buy an apartment – the best solution is a mortgage.
Almost sixty percent of loans taken by Poles are mortgage loans. They are secured by the mortgage of the debtor’s house or flat. This means that if the repayment of installments is stopped, the property may become the property of the lending bank, because until the last installment is repaid, it has the right to do so. A characteristic feature of mortgages is that they are granted for many years, often even for several dozen. A mortgage can be obtained in PLN or another currency (e.g. Swiss francs). The best cash loans – the only reliable and up-to-date online ranking.
When you want to have a new car – many banks offer loans for this purpose.
The lien is the car bought by the customer. It is usually low-interest. What will be the total cost of such a loan may also depend on the make and type of car. It should be remembered that buying a car with borrowed money means that you do not own it until you pay it back. When problems arise when paying off a car loan, the bank can simply take the car.
When you need money for various expenses – you should be interested in cash loans.
The period for which you can borrow money is up to several years, there are usually no such restrictive collateral as with other banking products. Cash loans are an opportunity to get cash for any purpose
If you want to have more money in your account – then it is best to use the account limit offered in many banks, i.e. revolving loan. Depending on the bank, the amount we can calculate in this way is different – on average, however, the amount of two or three salary receipts. All inflows to the account first cover the debt that appears on it. Harsh reactions from the bank should be expected when the debit on it lasts too long or the funds affecting it are too low
If you often use non-cash payments – it’s worth to take an interest in credit cards. There are many kinds of them. To get it, it’s usually enough to document regular revenues. There are about 60 days to repay the liabilities incurred on it. After this time, however, the calculation of very high interest begins. This is a good solution when you are able to settle your debt within the required period by the bank. The so-called. the interest-free period applies to transactions carried out without the use of cash (card payments in stores, online purchases, etc., etc.). However, if you decide to withdraw via an ATM using a card, the bank charges interest that would have only arisen during normal use of the card after about two months