Financial problems are commonly experienced by young families, especially in the first years of living the life Not to mention the little one soon comes in the midst of you and your partner. Is it true that the problem lies from family income?
“Often the problem is not located on the income is less, but the habit is wrong in managing the money,” expert financial in a some time ago. It turns out, in fact, a father who earn hundreds of millions of dollars could be experiencing shock when finding the money to stay at $ 500 before the end of the month.
Linage give some keys to managing their finances are simple:
- Understand your family’s financial portfolio. Do not let You do not know the contents of the savings, the number of utility bills, telephone, car services, shopping, doctor’s check fee, and others. You should know how much credit card debt, bank loan or mortgage the House and car.
- Arrange financial plan or budget. Realistic financial plan helps you be objective about the excessive spending. No need to be too ideal, so forget the needs of yourself. There is no harm in putting the needs of go to the salon, spa or clubbing. An important, realistic amounts and you must comply with the budget.
- think more thoroughly understanding between “need” and “want”. Oftentimes we are spending money for things that are not too important or just driven desire, not a necessity. Make a list in the form of a table consisting of columns for item shopping, needs and desires. After filling the item column, fill in the column “shopping needs” and “wants” with a check mark (V). From here consider with more mature, objects or things you need to buy/fill it or not.
At the time of submission of personal loan, the most annoying is when we again need and more – awaited the results, it turns out that comes even SMS or rejection letters ….. wah …!! plan would be used to pay for it so it paid off ….
For that perhaps this post can reduce disappointment ..!
To apply for a personal loan, in general terms, namely:
- With reference Slip salary.
- Reference credit card.
For submission with reference paycheck will take much longer process than credit card references.
Connecting from the previous topic about the rejected application or credit agreement which does not comply with the submission.
When banks lend money to customers, banks, of course, expect their money back. Therefore, to minimize risk (the money is not returned, for example), in providing bank loans should consider a few things associated with good faith (Willingness to pay) and repayment ability (ability to pay) for customers to pay back the loan with interest. These consist of Character (personality), Capacity (capacity), Capital (capital), Colateral (collateral), and Condition of Economy (economic situation), or often referred to as the 5C (five C).
Character, nature, customs debtor (party who owes) is very influential in the provision of credit. Creditors (the creditor) to examine whether the debtor entered into the Register of the disgraceful (DOT) or not. For that creditors can also be researching his bio and information from their business environment. Information from the business environment can be obtained from the supplier and customer of the debtor. Moreover, it can also be obtained from Central Bank information, but can not be obtained easily by the general public, because such information can only be accessed by employees of the Bank of credit by using the password and the computer connected on-line with the central bank.
Capacity is related to the ability of a debtor to repay the loans. To measure it, the creditor may examine the debtor’s ability in management, finance, marketing, and others.
By looking at the amount of capital owned by the debtor or to see how much capital invested in its business debtors, creditors can assess the debtor’s capital. The more capital invested, the debtor would be viewed more seriously in business.
In line with the theme of this year’s IIMS, Daihatsu’s theme is “Enriching Your Precious Life” is reflected in its goal to provide direction for a better quality of life through efficient automotive technology and environmentally friendly.
Unlike other car manufacturers, in this year’s IIMS Daihatsu introduced a new breakthrough in Indonesia’s automotive business, a loan package called “Happy Credit”, which is a special loan package with the installment of 50% of the price of the vehicle during the first 3 years. In addition, Daihatsu also introduced “Happy Passport”, which is a package of planned periodic maintenance and economical vehicles. On top of land 1008m2, Daihatsu showing 10 vehicles consisting of 1 unit concept model (Daihatsu OFC-1), 3 best-selling vehicle models in Japan (Daihatsu Tanto Custom, Move Custom, and Coo), and 6 units of some domestic models large has been dressed up. In the exhibition for 10 days, Daihatsu target number of sales of 350 units.
“Happy Credit” is a new credit system was first developed and introduced Daihatsu in Indonesia. With the package “Happy Credit”, customers can buy a Daihatsu vehicle at 50% only for the first installment in 3 years. While the other 50%, may be redeemed after a period of 3 years completed the first loan installment over 3 years from now, or consumers can exchange them with other new Daihatsu vehicles. With “Happy Credit”, customers get the payment down payment and installment loans is lower than normal. In addition, customers will feel at ease because periodic maintenance free and protected all risk insurance during the first 3 years of credit. For the first phase, “Happy Credit” applies only to Gran Max and Xenia Mi in the Greater Jakarta area alone. which will be developed for products and other areas after evaluation.
“Happy Passport” is a package of planned periodic maintenance and economical vehicles, which include maintenance costs, replacement of oil and spare parts for 3 years in all the official workshop Daihatsu. Benefits of “Happy Passport”, customers will spend the cost of care is much cheaper than the normal condition and free from rising prices and warranty care. “Happy Passport” is available in a variety of package options, adjusted for mileage and the customer’s financial condition.
Currently, Daihatsu is preparing for innovation in the concept of 1-stop shopping through a roof service system, which consists of sales of new vehicles, accessories, credit facilities, insurance, service, parts, and sales of used cars warranty. Official outlets for sales of used cars have warranty and support system is being prepared. It’s all part of Daihatsu’s commitment to always provide the best services to its customers.
The debt consolidation implies the withdrawal of a loan in order to pay other lenders off. This is generally done to ensure rate of below average, for the ease of maintenance or to ensure the fixed interest rate.
The debt consolidation usually involves a loan to ensure against assets that serve primarily as collateral; in most cases the houses are involved. In this case, a mortgage is carried out against the house. With the collateralization of the loan, the interest rate lowest is allowed in regard to them box when there is no collateralization of loans. The fact is that with collateralizing, owner of the asset agrees to allow the execution of a mortgage to restore the amount of loan. Therefore, the risks involved with the lender get reduced as eh interest is offering a lowest rate.
In many cases, companies that are based on the concept of debt consolidation can deduct the amount of loan. When the debtor is likely to be achieved ruined the consolidator of debt buy the loan in the discount. The debtors who are prudent in nature can even search for the consolidators that can pass along a proportion of savings. The consolidation can affect the debtor’s ability to download debts to the time of bankruptcy, so the decisions should be taken very carefully take things this. Continue reading
Asking for a loan? Know what bankers call today!
Have you recently applied for a loan at a bank or intend to soon? If so, is competing for credit in an environment of extreme scarcity, and is a good exercise walk in the shoes of the banker and think what they are set to consider an application?
Traditionally, there is talk that banks attach importance to the “Five Cs”: Character, Capacity, Capital, Collateral and Conditions.
Character: what kind of person are you?
* The credit report. Banks are going to assess whether it is “paying the debt” through your credit history. With the economic crisis, banks are much more demanding this and demanding payment history must be practically free from late payments and outstanding debts. Before applying for a loan in the bank, check your own credit report by going to Annual Credit Report.
* References and credentials. The bank may want more information about who you are, and can obtain information through personal or professional references, credentials, etc..