All posts by Donna Walsh


What is the interest of a personal loan?

Some people have doubts when asking for a personal loan because they are afraid that interest will be too high.

In reality, the interest of a personal loan depends largely on who is the one requesting the money. So at present to have an affordable financial cost we must pay attention to other factors, for example the interest rate and the total financial cost.

The total financial cost is the most important of all, because it is, in short, what you are going to pay in total. How is it calculated? The interest rate is added to the charges for the costs of the operation (insurance, commissions, etc.).

Our advice is that you look at this number more than anything else: the financial cost is more important than the interest rate, because it may happen that a loan with a higher interest rate is the one with the best Total Financial Cost .


What exactly is the interest of a personal loan?

interest rate

As you know, the interest on a personal loan is the money you pay to use a foreign capital. To calculate the interest amount of any loan, the following points must be taken into account:

  1. Capital
  2. The time for which capital is lent
  3. The interest rate

In general, interest is reflected in percentage form, for example: 3% interest, and is usually presented in daily, monthly or annual terms.


What are the percentages of interest rates in Argentina?

What are the percentages of interest rates in Argentina?

Answering this question is not a simple task. Why? Because the rates vary from bank to bank and are tied to a changing economy like Argentina. The important thing is that, before applying for a loan, you look at the bank that has the lowest interest rate at the term that suits you best.

As you probably know the options are almost innumerable. Let’s see some examples. Suppose we access a loan of half a million pesos. In addition to the rate, we must take into account the cancellation period, if it is flexible, at the customer’s option or not, etc.

Then you have to check if the bank really gives us an extension or not in case we fall behind with the payment of the fee. This is important.

Some banks give up to 90 days without added interest. If you see a bank that offers this, it is a good sign and you should add it to the positive balance.

Now we go to the complicated: the cost of financing. Here are two important points: the annual nominal rate (should be of the order of 45%) and whether or not it is a fixed interest rate. But that’s not all: watch out for the total financial cost. Sometimes, together with all expenses, it reaches 60% per year.

Are you a little dizzy? It happens to all of us. The credits of traditional banks are complex. But take some air because this continues. To everything we told you we must add a commission of 4% in advance. Of course, this is in most banks. If you find one that doesn’t charge you, much better!

If you are a self-employed worker or a monotributista, perhaps at this moment you are wondering what happens to you. In traditional loans, workers in a dependency relationship tend to have more advantages than freelancers. But many banks accept monotributistas as potential clients. In general, you only have to present the latest proof of payment of the monotax, that of the CUIT and an invoice of a public service in your name.

Regarding seniority, for workers in a dependency relationship, it is at least one year, and at least two years for monotributistas.


What are the interests of Money4Keeps?

money loan

The amount that our customers are going to pay depends basically on two factors: 1) The amount of money you asked for 2) The time you requested for the money back

Money4Keeps gives you up to 30 days to pay (or a little more if you ask for an extension), but the longer the term, the greater the amount to be returned.

To know what the final amount you will have to pay will be, use the loan calculator that is inside your account once you enter your profile in Money4Keeps. If the final amount does not convince you you can choose not to apply, if it fits your budget the final amount will not change unless you request an extension or delay in payment.

The best thing is that you will not waste time trying the system, because one of the great advantages of these types of credits is that they are fast and zero complicated. You ask what you want, you decide the deadline and send the request.

Loans for people with bad credit -*CREDIT LOANS FOR BAD CREDIT TO $1000


Are you have bad credit? And do you want to borrow a small amount quickly? That is possible with the credit loans for bad credit on this web page. This loan is a loan where you borrow a relatively small amount of money with a short term. The required money can already be in your account in 10 minutes.

If you take out a bad credit loan, you can have the required money in your account with 10 minutes. In this case, you must be an existing customer of the mini-loan provider. If you are a new customer you will have to wait a little longer for your money. But even as a new customer, the money will often be deposited the same day.

Loan duration

The duration of a mini loan varies from 15, 30 or 45 days. If you borrow 1000 euros then you will have a term of 45 days. With a loan of 100 euros, the term is usually no longer than 15 days. These short maturities are no problem for most people since they only use the mini loan to borrow money as quickly.

Where to apply for a loan?

Where to apply for a mini loan?

What can you request for a mini loan? In principle, it does not matter for which you apply for a mini loan. It is possible that you have unexpectedly received an invoice, a household appliance has failed or that the garage bill was just as expensive. In these cases, it is useful if you can request a mini loan. It is, of course, better to set aside money for this type of business. Borrowing money always costs money.

Request multiple mini loans

Request multiple mini loans

Is it possible to request multiple mini loans? Once you have repaid your mini loan, you can immediately request a new mini loan again. You must have repaid the mini-loan properly at the end of the term. It is not wise to take out several mini loans at the same time. If you want to borrow more than 1000 euros, you can borrow money through other forms of borrowing. Such as personal loan.

Loan insurance for professional and personal loans


Guarantee your home loan with loan insurance

Guarantee your home loan with loan insurance

Cogilaw device, you are free to choose a non-bank borrower insurance to guarantee your credit, the credit insurance calculator allows you to compare the offer Sma btp insurance loan with the cheapest loan insurance policies offered by the broker Infant!

SMABTP Insurance

SMABTP Insurance

Founded in 1859 by and for builders, the SMABTP group is today the leader of construction and public works professionals. The insurer provides builders and individuals with a full range of customized products and services. In France, SMABTP holds a quarter of the construction insurance market and has more than 100,000 members. Its subsidiary SMAvie BTP is a mutual company specializing in life and health insurance.

The bank can not refuse you a loan insurance!

According to the cogilaw company of 1 September 2010, the bank can not refuse an external insurance contract if it offers guarantees equivalent to those of the group insurance contract it proposes. By delegating your credit insurance, you can benefit from the best guarantees at the most attractive rate.

Compare the bank’s insurance with loan insurance

Compare the bank

When applying for a mortgage loan, your banker must provide you with a loan insurance fact sheet so that you can compare your insurance offer with coverage formulas issued by others. insurers.

Use a broker to save on the cost of your loan insurance! The brokerage firm can negotiate the price and conditions of your SMABTP loan insurance and allow you to realize substantial savings on the total cost of your mortgage.

  • Companies recognized by banks
  • Dedicated management of your borrower file
  • Immediate and comparative calculation rate and guarantee
  • Response to any request for support

Cogilaw Banking

Better information and freedom of selection for borrowers, with banks being prohibited from imposing their insurance:

  • Equivalent guarantees
  • Explain the refusal
  • Maintain borrowing conditions

Bank  Fecrum law

  • objective towards improving loan conditions; the article “L312-1-2” stipulates that the “loan / borrower insurance related sales” of products and services are prohibited.

Subscribe to a non-bank loan insurance contract

Subscribe to a non-bank loan insurance contract

  1. Simulation on the online loan insurance calculator
  2. Free comparative loan insurance pricing
  3. Contractualization by an insurance expert
  4. Membership in the day if no health problem



Borrowing private money without review

You would only have it as a private individual, you want to borrow money but you have a negative bank registration. Fortunately, there is still a way out, because you can borrow money as a private individual without bank testing,

Such a credit is of course not comparable with a ‘normal loan’ such as a revolving credit or a personal loan, as a bank test is always performed. A possible listing there then gets a hefty mark on the bill because it is an important reason for rejection.

Borrowing Private Money Without bank Review

There is a big difference between private and business loans. Firstly, a private loan is registered with the bank and a business application and loan are not. Secondly, there are totally different rules for applying, and finally the use of the amount is very different.

Individuals borrow for a vacation, for a car, for a renovation, or for buying a house, while for business borrowing you need to think about purchasing equipment and renting business space.

Lenders without bank verification

There are a number of lenders active in the Netherlands who do not apply for a bank review when applying for a small loan, so you can qualify for borrowing a modest amount. You have to think of an amount that starts at 100 euros, with a maximum of around 1500 euros. Only private individuals can make use of this, borrowing for entrepreneurs is handled by other companies.

Why privately borrow

The concept of borrowing private money without bank naturally also creates some confusion, you can think that you mean to borrow money from a private individual. This is of course possible if you can go to family or friends, after all it is the cheapest solution to arrange it this way. You could also ask your employer if he or she is willing to give you an advance on your salary.

You actually do the same with taking out a mini loan or mini credit, but you do pay costs and interest, and you may not have to pay this to your employer.
But with the term described above, we actually assume that you want to take out a loan as a private individual. I will explain to you how you can do this.

Apply for a mini loan

If you are in the unfortunate position that you cannot borrow because of an earlier payment delay, then you are dependent on a mini loan, also known as mini credit. Here you can borrow a modest amount for a short period, you should actually see it as an advance on your salary.

You can request a mini loan from 100 euros. But beware, you must pay it back quickly within a maximum of 2 times, the maximum period set for this is currently 62 days.

Borrowing money without bank applies to the following amounts: € 100, € 200, € 300, € 400, € 500, € 600, € 700, € 800, € 900, € 1000, € 1100, € 1200, € 1300, € 1400 and € 1500.

What can I use a mini credit for

It may be that you suddenly come across a bill that should have already been paid, in such a case a mini loan can be a solution. But you can also temporarily be short of cash. You have to do groceries or fill up the car, or you have an expense to do that you didn’t expect.

Something has to be repaired that cannot wait, or there may be expensive days at the door where you have to buy everything. In such cases, private individuals can borrow money without offering a bank solution. Even if you go on holiday and want some extra pocket money it is a great solution.


Sale Belgium 2017: enjoy more with your credit card

We waited for months, they finally arrived: balances! You had not planned to buy something in particular but the rebates push you to the consumer? Discover how you can enjoy even more balances with your credit card!

Sale Belgium 2017: Credit cards with points

What is a credit card with points?

Much more than a piece of rectangular plastic as it allows you to save points when shopping.

And how?

You can redeem these points for discounts at affiliated Loyalty Program stores.

How many points?

The number of points will depend on the card and the loyalty program.

What are the loyalty programs?

You can participate in the Neckermann loyalty program only with Beobank. The Save & Pick program, meanwhile, is the most popular in Belgium and has more than 1,000 partners. Finally, the American Express Membership Rewards program allows you to participate in events, get gifts, discount coupons or transfer your points to miles from a frequent flyer program.

What is a cashback credit card?

This card allows you to recover a certain percentage on your purchases. Usually 1 to 2% on each euro spent, but this varies depending on the card.

And how?

The cashback will be directly transferred to your credit card.

How much cashback?

The amount will depend on the credit card. You can also take advantage of welcome offers with a higher percentage for the first few months or a free annual membership fee in the first year (as a welcome gift).

Which cards can recover cashback?

Do you want to know more? Check out our article on cashback credit cards and compare them to make your shopping smarter and save even more!

You’re not convinced yet?

Compare Cashback Credit Cards

Sale Belgium 2017: credit cards with insurance for your purchases

What is purchase insurance?

Purchase insurance allows you to protect your purchases against theft and accidental damage. You are insured on all your purchases of a certain value made with your credit card in Belgium and abroad. Coverage will be capped at maximum amount per claim and per year depending on the card you choose.

What is the best price insurance?

You have just made a purchase and you realize that you have found cheaper elsewhere? This insurance reimburses you for the difference in price, excluding items on sale and liquidation of stocks in Belgium. Coverage will be capped at maximum amount per claim and per year depending on the card you choose.

What is Extended Warranty Insurance?

You benefit from an extended warranty (the duration of which will depend on the card) on your devices benefiting from the legal guarantee of 2 years. Coverage will be capped at maximum amount per claim and per year depending on the card you choose.

What is safe online insurance?

This insurance covers you in case of non-delivery or damage to your product bought online within the European Union or in the United States. If no solution is found between the insurer and the seller, the coverage will be capped at a maximum amount per claim and per year depending on the card you choose.



How to make money fast

Knowing how to raise money quickly may be what is missing for the realization of your dreams! Learn Now!

Gathering money is essential to realize dreams and make your plans a reality. To create this habit, one does not have to give up all the pleasures of life, but rather learn to think in the medium and long term. To accomplish your desires, some lifestyle changes are necessary. Learn how to raise money quickly:

Have goals


One of the biggest motivations for joining money quickly is to have a goal. Taking a trip, buying an apartment or changing the car are some of the desires that can greatly contribute to make the habit of saving reality. Choose a goal, set the time you would like or reach you and the amount needed to fulfill your dream. From there, it is start to raise money to accomplish this goal within stipulated time.

Know your expenses

Know your expenses

Want to learn how to raise money? For this it is important to understand, first of all, what your income and principal expenses are. Bet on the use of financial software to evaluate the current situation of your finances. Do you spend more than you earn? Is there anything left at the end of the month? Where’s the paycheck going? Those who know their spending are more likely to decide where they can cut the excesses in the budget.

Cut expenses

Cut expenses

There is no way: anyone who wants to raise money quickly needs to cut costs. This does not mean that you have to end leisure in your life, but just change some habits in the name of a larger goal, be it a trip or simply have financial security. Start the cuts for the small expenses that, at the end of the month, can make a difference, like coffee after lunch, snacks on the street, sweets etc. Then leave for the excesses and unnecessary expenses, like the signature of the newspaper that you almost never read and the gym you will never will.

Do not share your purchases

The installment of purchases is one of the great enemies of those who seek to raise money quickly. By dividing the value of a good, you commit the budget for months on end, not to mention that, depending on the number of installments, you may still have to bear interest that makes the purchase even more expensive. The best option is to wait, raise money to buy what you want, and, of course, negotiate to cash discount.

Escape impulse shopping

Escape impulse shopping

Gathering money requires discipline. Even if you do not save a lot on a monthly basis, it is important to save at least part of your salary. Impulse shopping should be avoided because you can put all the effort to waste, causing you to spend what you have saved. Before you take out the card, stop and think if you really need that product or service.

Bet on the DIY Wave

Joining the Do It Yourself or Do It Yourself Movement, rather than a fad, is a tailor-made attitude for those who want to get together quickly. Want to do your nails? Awaken the manicure you have in you instead of spending in the salon. Need to paint the walls of the house? Call your friends and make a joint effort to save the money you would spend with the painter. Even small, these changes in everyday life represent significant savings in the domestic budget.

What are you waiting for to start putting together money and realizing your dreams?



To vouch for the loan of a close, judicious?

Does your brother / sister, your friend or your child ask you to be a guarantor for your loan? You intend to accept, of course. And yes, they are people close to you and also trustworthy. For you, there is no chance that they do not pay their debts. This commitment seems to be just a formality, an act to help get credit. Think again, stand surety is a real responsibility, a commitment to serious consequences. Do you really know what that entails?

What does it really mean to vouch for a loan?

When a person wishes to take out a loan, the banker can ask for a deposit. The latter will be intended to guarantee credit. If the borrower finds himself in a situation where he can not pay his debts, the surety comes to the rescue.

Who can vouch for a credit?

In principle, the person can decide to vouch for a loan that is unrelated to the borrower. This person must have the legal and intellectual capacity to be a surety; she must understand the scope of her commitment. It will also have to meet certain criteria: the bank will review the bond to see if the surety is able to repay the loan if the main borrower would be defective.

The person vouching for a loan signs a contract with the lender with all the details of the guarantee. She will therefore receive a copy of the credit agreement.

In principle, the contract of the guarantor is of a duration equivalent to that of the guaranteed main contract. If the credit agreement is of indefinite duration, the surety bond may not exceed 5 years (renewable period with the agreement of the guarantor).

The amount for which the bond guarantees a loan, can not exceed the loan amount plus interest. The total amount of interest to be paid by the surety may not be greater than 50% of the principal amount. The financial institution can not ask the guarantor for any additional cost or compensation.

What are the rights of the guarantor?

Engaging as a guarantor of a loan is a serious act of consequence. As a surety you have to be really and perfectly informed.

You have many rights:

  • Before earning the credit: the lender must inform you about the duration of the commitment, the amount and providing you with a copy of the loan contract envisaged. The surety bond must be written and you must also write mandatory information.
  • During the credit period: the lender must inform you of any changes that may be made to the contract. He must remind you every year that you have secured a loan. The lender must warn you of the fees and interest that remain to be paid. The lender must also alert you to the borrower’s payment difficulties as well as the payment facilities that may be granted.

What are the different types of guarantees?  

There are different ways to secure a loan:

  • The simple deposit: for this type of bond, the creditor may not turn against the bond for the repayment of the debt until after having exhausted his recourse against the main borrower. This means that the lender can not ask you to settle the debt for which you have got it without first demanding it from the borrower.
  • The surety bond: in this type of bond, you are jointly and severally liable, that is to say on the same basis as the main borrower. The creditor can claim the entire debt from one or the other. In particular, he may ask you to repay without having to prove that the main debtor is insolvent.
  • The limited deposit: in this case, you may limit the amount or duration of your guarantee.
  • The surety mortgage: in this type of bond, people give as security a real estate to guarantee the repayment of the loan.
  • The indivisible guarantor: In this case, different people decide to vouch for a loan. The banker reserves the right to claim the entire debt to any of the sureties.

Before you can be generous and offer credit guarantees, it is essential to advise your financial ability to repay a loan from a friend or family member.