Crowdfunding goes into real estate

After music, books and, more broadly, cultural goods, after taking a stake in innovative projects and SMEs, crowdfunding extends to real estate.

There is still something new in the crowdfunding world! The evolution of the regulations announced by Sean Cole in February will favor the development of the crowdfunding model in the form of investment. And the investment will soon concern real estate.

First crowdfunding platform

cash

Still embryonic, this new model is already exploding in the United States and will grow in the coming years. In France, the first crowdfunding platform specializing in real estate is Lymo, a Toulouse start-up launched in 2013.

The concept is simple: rather than going through a bank to finance real estate projects, Lymo speaks directly to individuals. If enough people decide to fund one of these projects so that the goal of the collection is achieved, the project will see the light of day. Lymo takes care of the rest: buy the land, build the houses, sell the residence and provide you with your profits: a return of about 10% excluding taxes! Moreover, based on the “all-or-nothing” system, the investor takes no risk if the collection or the project does not succeed.

Makes markets accessible

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This new financing model makes markets accessible to individuals that were previously reserved for professionals: everyone becomes a little real estate developer. Moreover, by removing the intermediaries, it is directly possible for the investor to know in what he invests and what will be the final result. Not to mention the remuneration, much more interesting than a classic savings booklet!

Crowdfunding is everywhere

money

Since the development of the loan between individuals, banks were already more essential to borrow, they will not be anymore to finance real estate projects! The exit of the banking network is more and more frequent and seems to bear fruit where crowdfunding has taken over. The height: To ensure its development and open new projects in 2014, Lymo has raised USD 500,000 on the crowdfunding platform Wiseed. Decidedly, crowdfunding is everywhere.

How much does it cost to withdraw from the loan agreement?

Usually we go to the bank to set up a bank account, settle some formalities, or conclude a loan agreement. The latter option is usually the most thought-out decision from which we rarely withdraw. But sometimes it happens that we want to give up credit . Then you should know what procedures await us and what you need to do to cancel your loan and whether it costs anything at all.

 

Consumer loan agreement – here we can cancel within 14 days

Consumer loan agreement - here we can cancel within 14 days

If we are talking about consumer credit, then we must remember that such a commitment may not exceed $ 255,000. A bank customer who has a loan has the right to cancel the loan agreement within 2 weeks. In addition, you must remember that after you cancel your loan, we have 30 days to return your money to the bank.

 

How can we withdraw from the loan?

loan withdrawal

A credit cancellation form is attached to each loan agreement. You only need to review the documents attached with the contract. It is worth remembering that the bank’s customer is not obliged to state the reason for resigning from the loan. Up to 14 days can cancel the loan without consequences.

 

How much does it cost to cancel?

credit loan

The procedure of resigning from a bank loan does not entail any additional costs or legal consequences. We only have to pay interest for the period for which the money was on our account. In addition, we must remember that we have 30 days to return the money borrowed.

If we do not return them on time and we give up the loan, the bank will start charging us penalty interest or for payment of a payment request.

 

Mortgage and withdrawal from the contract

financial problem

Unfortunately, it is not as easy here as for a consumer or cash loan. We cannot use the withdrawal for loans taken out for the purchase of an apartment or for loans taken out against real estate. The same applies to employee loans or leasing contracts.

Both of these types of loans are granted on special terms, so it is not a simple procedure to cancel such a contract. However, you can opt out of a housing loan. The borrower may terminate such a contract without giving any reason for his decision. The cost of resigning from a mortgage is interest plus all fees accrued until you use the loan.

Loan without creditworthiness – where to look?

Life is unpredictable – everything can turn upside down in the least expected moment. It can happen that you will be out of work overnight, and all your savings have to be used for everyday shopping and fees.

Therefore, it was not enough for you to cover the current loan installments, which put you in the debtors’ database. What to do in that case? First, read my guide on How to get out of debt , and secondly – find out what loans are for those in debt without creditworthiness.

Creditworthiness – why is it so important for banks?

The borrower’s creditworthiness is one of the basic criteria that banks thoroughly analyze when examining loan and loan applications. The bank looks at the client’s financial situation by examining and analyzing his:

  • age, number of dependents, occupation, etc.,
  • income,
  • monthly expenses and living costs,
  • current debt (the number of loans, credits, credit card debt, guarantees, account limits obtained, etc.),
  • credit history – to check how a given client is dealing with the repayment of current and current financial receivables.

Inquiries about a potential customer are sent to the Credit Information Bureau and debtors’ databases so that the bank can learn about it as much as possible. Each of the above criteria is appropriately scored – the more positive for a database, the higher the credit applicant’s credit score is. A very common mistake made by borrowers is sending applications to many financial institutions. Each inquiry is visible in BIK, which means only one thing for the bank – the client is not very reliable, because no bank wants to provide financing to him.

What do you have to do? First of all, compare offers and choose the one that is the most favorable. If you know that your creditworthiness is not the best and banks and loan companies will not necessarily provide you with financing, check loans for those in debt.

A loan for those in debt without creditworthiness

A loan for those in debt without creditworthiness

If your current liabilities are overwhelming you, credit and loan installments are too high, you can’t cope with repayment, and banks reject your applications for further loans, first of all remember that this is not a reason to get nervous and give up. There is no situation without a solution.

Initially, you can check what a consolidation loan is and analyze if this option is right for you. If the deadline for repayment of a non-bank loan is approaching, then you should also familiarize yourself with the option of refinancing the loan . If none of them is for you, then know that there are loan offers on the market without creditworthiness. What does it mean?

A quick loan with no creditworthiness online

I analyzed the offers available on the Polish market of non-bank loans and found several of them that enable financing for indebted persons. These companies do not check clients in the Credit Information Base and allow them to have liabilities in another institution (credit or loan).

There are not many of them, but thanks to them you will be able to apply for additional funds without checking your credit history in the debtors’ databases. It is also worth checking the latest payday loans, because new loan companies often offer more favorable terms and promotions.

Instant message on SMS loan – who can use it?

Instant messaging for SMS is a solution aimed at maximally simplifying the procedure for obtaining a payday loan. See how easy you will receive payday SMS.

SMS instant message – what is this?

SMS instant message - what is this?

At present, non-bank companies grant payday loans without leaving home . This is one of the most frequently chosen forms of obtaining a loan by potential clients. Lenders make it possible to provide financial assistance by completing the application on the lender’s website, during a telephone conversation with a company consultant or at the client’s home. Recently, SMS payday payday has also become quite popular, thanks to which customers have the chance to get quick cash into their bank account. The quick payday SMS is mainly addressed to regular customers of the company who, when taking out a loan for the first time in a given non-bank company, were previously required to complete the form and register the customer’s account on the lender’s official website.

Lenders guarantee the loan up to several minutes from sending the loan application. Choosing an SMS payday product can reduce the time it takes to decide whether to grant or reject a loan application. If you are interested in quick payday loans, all you have to do is find a company that grants this type of loan and send the appropriate text message to the lender’s contact number. If we are new clients, we also have a chance to get financial help by sending an SMS. Among the most frequently chosen products by borrowers, we can distinguish a long-term loan, whose repayment can be divided into equal, monthly installments.

Payday loans, in which the loan period is 30 days from the date of signing the contract with the lender, are quite popular. By sending an application by SMS, the payday loan on our bank account can be found quickly. After sending the application, we should receive a reply with the application code. The next step will be sending a message to the non-bank company confirming the submission of the loan application.

Instant SMS as proof – how to get it?

Instant SMS as proof - how to get it?

Currently, by sending an SMS, it is possible to obtain an instant SMS for proof. The borrower must have a valid ID, which is equivalent to being an adult, capable of legal transactions. Applicants for a product, which is an SMS payday certificate, must also live permanently in Poland, have their own bank account number and an active mobile number. Non-bank companies in Poland verify their applicants in the debtors’ bases, which largely contributes to the decision on granting or rejecting a loan application. The first step to getting a loan is to visit the lender’s website.

On the website we can find information about all costs and a model loan agreement. To get the lender’s number, we must enter the “contact” tab. The next step is to send a text message to a non-bank company, in most cases companies with similar content, providing your number, the loan amount you want to obtain and the loan period. After receiving the text message, the lender verifies the customer, among others in debtors’ databases, checking his credit history. If the applicant meets all the requirements, he will get the money into his bank account. Payday loans obtained from non-bank companies can be used for any purpose.

Instant message via SMS – important information?

Instant message via SMS - important information?

Instant delivery via SMS is available only in non-bank companies. Banking institutions do not currently offer the product of short-term pay-as-you-go SMS. This is certainly one of the most convenient and fastest options for getting money from a loan company. We receive instant messages via SMS only if we have an active mobile number through which we will send a text message to the lender. Applying for instant messages via SMS is very convenient.

SMS payday loans without BIK and KRD, i.e. payday loans without verification

SMS payday loans without BIK and KRD, i.e. payday loans without verification

SMS instant messages without BIK and KRD are ideal for people who do not have a very good credit history in the debtors’ databases. As is well known, non-bank companies verify loan applicants in indebted databases, which in most cases has a huge impact on the final decision to grant or reject a loan application. If our name is in the debtors database, e.g. in the Credit Information Bureau, the Economic Information Bureau or the Polish Bank Association, it is worth looking for offers of non-bank companies in which we will find SMS payday loans without BIK and KRD. To clarify the term debtors’ bases, we must point out that these institutions collect, process and disclose financial data of individuals and enterprises. Each borrower as well as a company providing financial assistance can independently verify user data.

Payday loan without BIK can be a good alternative for people who need financial support. Often, borrowers are not able to obtain financial assistance from their family or close relatives, which is why loan companies that help pay payday SMS without BIK, i.e. for so-called debtors. When deciding to take payday loans via SMS without BIK, it is worth analyzing your financial budget first. If we have already signed a contract with another non-bank company and want to use the loan to pay off the debt, we must remember not to fall into a spiral of debt, from which it is so difficult to get out. Instant messages via SMS without BIK can become a lifeline for many people.

Payday loans home – who gives payday loans at the customer’s home?

Payday loans to the client’s home are most often chosen by people without a bank account. Check what else distinguishes these payday loans ?!

Payday loans at the customer’s home – what makes these payday loans different?

Payday loans at the customer

Non-bank companies operating on the market in Poland provide financial assistance to people who are in a difficult life situation and need an injection of cash for now. In the lenders offer we can find quick, short -term payday loans or long-term loans, whose repayment can be divided into equal installments. Both products are currently very popular and widely available. The process of obtaining a loan is simple and should not cause anyone major problems. Customers of non-banking companies have a choice of various options to undergo the entire contracting process. Non-bank companies grant payday loans at the client’s home, during a telephone conversation, in a stationary office or online, after completing the loan application on the company’s website. Today we will try to discuss what exactly is the payday loan in the customer’s home. It is certainly an ideal alternative to getting financial help if you do not have your own bank account or do not have permanent access to the internet.

Payday loans at the client’s home are also popular with the elderly, who prefer traditional contract signing when a non-bank agent is present. People who have debt with a bailiff can also get a positive response to getting money from a loan company that provides their financial services at the client’s home. Compared to banking institutions, lenders have lower requirements for customer creditworthiness. However, we should remember that loans at the client’s home will certainly be much more expensive than those taken online. The non-banking company adds an additional fee for the consultant’s visit to the client’s home. The liability is also repaid in the borrower’s apartment, after arranging the repayment dates. For some companies, repayment may take place weekly. Before choosing a lender, it is worth checking all the fees that will be associated with using this form of loan. We should pay special attention to the interest rate on the loan, APRC and additional fees. It is also worth verifying the lenders on thematic portals by reading the opinions of former customers about the non-bank company service.

Payday loans home – who will receive them?

Payday loans home - who will receive them?

Home waiters are intended for people who meet the relevant criteria and are defined by the non-banking company. The borrower can be people who have a valid ID card, which means they must be at least 18 years old. It is also necessary for the client to have Polish citizenship and permanent registration in Poland. Non-bank companies providing payday loans to the client’s home operate in selected cities throughout the country. The priority for the customer is to verify whether the non-banking company will grant loans in the city in which the borrower is registered. During the company’s agent’s visit, we may be asked to provide additional documents or provide information. In some cases, we may be asked to confirm our regular income by presenting, for example, a bank statement or a certificate from the employer. Instantaneous home can also be provided on the basis of the presentation of documents from work.

Borrowers who have a permanent contract are certainly more likely to get a positive decision regarding payday loan. Often, companies verify their borrowers in the bases of indebted persons. Wait time limits to the client’s home can, however, be granted to indebted persons, depending on whether the company will verify the client’s data in the database in which his name appears.

Payday loans home – what else is worth knowing about them?

Payday loans home - what else is worth knowing about them?

If we are interested in taking the payday loan home, there are some details to note. The most important thing for the borrower should be to familiarize himself with the content of the contract and the table of fees that await us when paying the liability. The content of the loan agreement is very important. Companies providing a product, which is a housewife, collect fees for a company agent’s visit to the client’s home, his time spent, as well as the fuel they need to spend on traveling to the borrower.

To obtain a loan, contact the customer service office and arrange the date of the company’s agent’s visit to the recipient’s home. After determining the date of submission of the contract, the borrower waits for the agent’s visit. During the conversation with the agent, he can ask questions and review the initial loan agreement. If the borrower meets all the conditions of a potential client, he will get the money into his own hands. Obligations also takes place in the customer’s apartment. Non-bank companies that grant loans to a customer’s home usually arrange to pay off their liabilities weekly. We should remember about regular repayment of the loan, otherwise we will be charged additional costs in the form of interest and commissions.

A non-banking company may report a person in debt to the debtors’ bases, which in the future may result in a refusal to obtain further financial assistance in non-bank companies and banks. Debtor databases collect, process and share data on the financial sphere, persons who have incurred a financial commitment in the past. The databases also contain data on enterprises. If we are not sure whether our name is in the debtors database, we can register on one of the websites of the selected institution and download the report. Often, reports can be downloaded twice a year for free.

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What Is The Tax On Financial Movements?

income tax

The tax is still applied to financial movements (GMF), or the well-known 4X1000 in Colombia. Tax charged to financial transactions made as withdrawals. It is made to savings accounts, checking accounts, withdrawal in management check and deposits of the Daisy Bank.

It is a tax of the National Government created to cover the crisis and for having in the country. The collection is done by all banks, but then sent to the government coffers. Its history begins towards the year 1998, in order to raise money temporarily to stabilize the economic system crisis. But when problem after problem arose in the economy of the country, the tax was settled as permanent.

The attempt to dismantle it has been in vain, the financial crises have achieved their decree to follow. With the law 1819 in 2016, it was implemented as permanent. Due to their excessive collection for all financial movements, people began to take out all the money from bank accounts. The affectation caused the lack of money circularization. Therefore, the government proceeded to make some exceptions to the movements .

 

Tax exemptions to financial movements

Tax exemptions to financial movements

  • Each holder has the right to exceptionally mark a savings account. To avoid charging 4X1000, you should not exceed the amount of $ 11,994,500 for the year 2019.
  • Also exempt from 4X1000, all transactions in the form of transfer between accounts of the same holder. Whether savings, checking, collective accounts that are in the same bank.
  • All movements made to a single holder from stock brokerage companies, fiduciaries or investment managers. Of course they are monitored by the Superfinancial.
  • Pensioners are exempt from the account opened to receive the pension from the entity that, as a pension fund, records their allowance.

 

An incentive to the assessment of financial movements

financial movements

Finally, companies have the right to have five exempt accounts, as the government gives them the opportunity to encourage investment. So they can access credits and maintain good relations with financial institutions.

With the tax reforms currently made it has not been possible to dismantle this tax. Most likely it will be for a long time.

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Save money being the smartest | Debts

You are one click away from buying what you want! And, of course, that in principle sounds like an excellent idea until that moment when, in the middle of the month, you don’t have a euro. Of course, you have new games for the console, two great jeans and even a musical instrument that you will probably never learn to play …

Does that happen to you Keep reading! You are one of the more than 11 million Spaniards who have been seduced by online shopping, perhaps part of that 50% of e-buyers who buy from their mobile phone in Spain , according to the ABC , and from Good Finance we want to help you passing through AllShop and other similar sites is an adventure road that never becomes a valley of debt. ?

Purchase discounted items

cash

You want to buy on AllShop, but you don’t always have to buy < > per se: its AllShop Warehouse Dealer offers section can give you a lot of joys by allowing you to purchase discounted items by up to 50% thanks to a broken wrap or inventory renewal , so stop thinking about buying with one click and think in doing so with six or seven, it can save you some euros … come on, you can, hunter-barking!

Threaten them … in a good way

What would you do if someone offers you to buy something you sell and then leaves without taking it because the money is not enough? Exact! AllShop is almost as smart as you, so if you add your desired items to the shopping cart and then do not buy them, it is possible that from the platform, days later, you get an offer that could be reduced by up to 20% what You are trying to buy . A case of skill and patience whose success is totally unpredictable, but it’s worth a try!

The comparisons are not good, but …

cash

When it comes to money, you have to put aside manners a little: Compare, compare and compare, that AllShop is not necessarily the cheapest place to buy. Just like when you go to physical stores and check prices, looking for the same product in different places can help you know if you are making the right choice. There are endless Websites like specialized in looking for AllShop products in other retailers and snatching in smiles what you are not getting snatched in money.

Low …

Sadness? Sadness is buying you something at a price and seeing it much cheaper just a few days later! It has happened to all of us, that’s why they have already invented ways to reduce this risk, such as the HunchHunch Website, which evaluates the evolution in the prices of the same object in AllShop to help you know if it tends to stay, lower or increase its cost. In some cases you can witness a real downturn at a price that allows you to even access some extra whim, try it!

Subscribe and save

Tell AllShop what you would like to buy in the next month and the platform will be in charge of reminding you thanks to its little known “Subscribe and Save” section, thanks to which you will receive a monthly email reminding you of the items you wanted and offering you benefits such as free shipping or discounts of up to 15% on the original cost .

Oulets, oulets, oulets!

Say you don’t love oulets and you’ll break our hearts … Every good saver loves to buy previous seasons, broken boxes or imperceptible factory faults that make prices plummet! The great news is that AllShop has its own Oulet so that mortals can do their best without plucking: we are talking very seriously, up to 70% off !

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Savings tips for university students | Loan for Students

cash

University studies allow you to develop the skills you need to face the labor field you have chosen. During this stage there are expenses that you must control, otherwise the situation would threaten the achievement of your academic goal. To help you with this task, we present this article, which contains some important savings tips for university students.

Some savings tips for college students

To keep your personal budget in blue numbers, during your university studies, keep in mind the following tips.

Use the libraries of your university

Use the libraries of your university

Even in the digital age in which we find ourselves, physical books are still of great support in studies. Acquiring all the bibliography you need during the study of your career means a high investment. To avoid such expenses, you can go to the libraries of your faculty or any other where you find the books you need.

Buy second-hand books

Buy second-hand books

There are always some bibliographies, which because of their importance, we must have on hand all the time. For example, it is the case of codes, laws and regulations, which you will use even in job performance. In this case, the best option is for second-hand purchases, always making sure they are still valid editions.

Download the electronic version of your bibliography

It is possible that part of the reference material you need for your studies is published on the web. If it is a free version, it is only a matter of downloading it.

Use the camera of your cell phone

Say goodbye to expenses in photocopies of texts and study guides, use your cell phone camera to capture the information you need.

Minimize transportation expenses

Minimize transportation expenses

Transportation is a fixed expense, which if you do not control, will take much of your monthly budget. In the city where you study, surely you have several transport alternatives, which you must evaluate to determine which of them are the most economical for you.

Take care of your food expenses

By properly selecting among the available options, you can feed yourself better at a lower cost. Take the food prepared in your residence, or eat in the establishments of your faculty, since the last are subsidized. And above all, avoid fast food or junk, since apart from expensive, it does not do well to your health.

And if you can’t save enough to continue your studies?

And if you can

If after applying these and other college savings tips the accounts do not add up, do not despair. The time has just come for you to evaluate the application for a loan to help you finance your studies.

Fortunately, there are several financial institutions that offer this type of personal credit. You just have to study the options, and choose the one that is most convenient for you.

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What do you do if you win the lottery and why spending money on others brings you more joy? Online Loan

Inspired by our popular FaceLife game Lucky Fridays, in which we award one winner each week with $ 50 based on his answer to how he spends the prize, we asked the question why spending money on others makes us so much happy.

Win the jackpot

Win the jackpot

There are not particularly surprising examples of those who have spent what they have earned on new cars and dream homes, but there are also many shared experiences for the benefit of the public.

For example, the one for the winner, who gave a vacation to Florida to a 13-member family, or for a construction worker who decided to keep working and donate money to a food bank, and to the winner, who opened a fund for the benefit of his family .

We at Good Finance have also witnessed many generous and publicly useful examples since we organized the Lucky Fridays game.

Money for others

Money for others

Many studies show that spending money on others makes us happier than spending it for ourselves. Sean Cole, an associate professor at Finance School, confirmed this theory in his lecture at the TED Talks seminar.

As one posting on the Positive Psychology Program website states, spending money on others makes us feel good because our brains have a built-in reward system called oxytocin, which is responsible for our relationships with others. When we spend money to make our friends and family happy, our brains reward us, which in turn makes us feel good.

Survival costs

Spending money on experiences with our family and friends provides us with lasting happiness compared to the brief moments of joy we experience when buying tangible goods.

In our previous article Life is for you to try – 25 experiences to try today, we told how our lives are enriched when we create pleasant experiences and how it reminds us that we are alive.

It is easy to get a grip on your routine, but if you do not make a conscious effort it is possible to go through life, living each day as one and the same. On the contrary, whenever you try to do something different, the likelihood of creating lasting memories increases. It’s not even something vital, it’s that every thing you do outside of your everyday life becomes an experience.

A gift that is not exhausted

A gift that is not exhausted

Want to increase your experience even more? Share them with a friend or your loved one. An ordinary dinner with friends and family creates a memory that can be reborn again and again.

Whether it is a memory of a vacation, of your childhood, or of a magical evening spent with a friend, this experience has left a mark and meaning sufficient to be remembered.

Do you need more incentive to spend time with your family or friends? A study of more than 300,000 participants of all ages shows that frequent social networking, such as going to the movies, having dinner or drinking with friends, prolongs life and reduces stress.

The best investment you can make is spending time with your family and friends – this is a gift that never runs out.

And if you are not among the lottery winners and need additional resources to create your unforgettable memories, count on us. Good Finance is a fast-paced online loan company dedicated to helping people make their dreams come true. Enter ferrratum.bg and choose the amount you want, fill out the quick online application form and expect a response within 10 minutes! It’s easy to be happy!

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How to save money?

budget money

Look, if your child’s life depended on a vaccine that costs $ 10,000 pesos and you cannot borrow from your neighbor or family member.

This saving has to do with priority

budget

If you only had 30 days to raise the $ 10,000 pesos, do you think you could do it? Of course they could. Moreover, there would be no one to stop him to raise that $ 10,000. Why? Because saving became a super priority. Saving has nothing to do with your income and everything to do with the importance of doing so. Saving is one of the biggest solutions for financial problems. If you had saved up for that craving that drowned you in payments, you could be enjoying the little thing instead of living in crisis.

I want to talk about 3 reasons why we have to save.

I want to talk about 3 reasons why we have to save.

First we have to save for emergencies because life kicks and needs a financial cushion to protect itself. You very well know that if something can go wrong, it will most likely happen. But if you have money saved, emergencies become inconveniences.

Number 2 needs to save for cash purchases.

When you buy with cash it hurts and you do not spend too much because when you deliver that ticket it is as if your arm was amputated, little by little?

Finally we need to save for retirement. But Andres, I’m going to depend on the government and my children in my old age. Really? Are we talking about your children who still have them in the house? Please!

The savings have to be part of your financial plan.

The savings have to be part of your financial plan.

You have to plan because if you are not going to end up looking for the book on how to prepare dog food and that you like it.