4 Tips To Detect A Fraud When Applying For A Credit

Criminals do not stop at the need of people, but take advantage of it to make them fall faster and easier in their frauds. If you are looking for borrowed money, it is common that many options appear and some even offer you something hard to believe.

Today, fraud in the credit world is still present

credit loan

Many fake companies appear, even using names similar to those of known entities, in order to attract customers easier. Depending on the need, users can fall faster in these traps. The ideal is to learn to detect them in time, to avoid suffering losses.

These types of scams have some points in common that you should keep in mind:

These types of scams have some points in common that you should keep in mind:

1. They ask for an advance. 

credit loan

One of the most common forms of scam has to do with requesting advances from the client and then not giving them the promised money. No serious entity will ask you for any kind of money in advance.

2. They offer very low rates – almost impossible to believe. 

credit loan

The mechanics of the credits is that the client must pay an interest rate to access the money, no financial entity will offer it with rates that are almost nil, since there would be no profit.

3. You are asked for personal information such as passwords or account keys. 

Another sign of fraud has to do with requesting bank account keys, emails or some kind of routine detail, etc. You must be very alert, since providing this data can be used to harm it.

4. They promise to give you credit at all costs. 

credit loan

However ‘revolutionary’ the bank or financial company that offers the credit may be, there is always a minimal possibility – sometimes not so minimal – of being denied. None guarantee 100% credit.

One way to avoid this type of risk is to use web comparators such as William Boldwood’s, since you will get the list of alternatives available in the market, under the confidence that all have provided your data transparently.

Who benefit from our credits without credit bureau??

More and more people

money cash

Have sought a definitive solution to their money problems when having an emergency. This is very important for us because we are aware of the number of people who need to get out of trouble and do not have a reliable entity without many “buts” when it comes to helping them. That’s why and so you can get an idea of ​​who our customers are and how we have helped them; In this opportunity we will tell you some important figures and data that you can take into account when taking credits without a bureau with us. These data are 100% real and are part of an analysis of our website and social networks, which allows us to demonstrate the effectiveness of our services.

Both men and women have great money responsibilities today, so it is not surprising that there is a high number of users on our platform. Currently, of the services we provide, 44% are taken by women and 56% are taken by men. The reasons for this phenomenon are very simple and relate to the responsibilities that men and women have on a daily basis.

In the case of women, there is a high probability that at least half of that percentage corresponds to householder mothers who must ensure that they keep everything in order for their home and their children: pay for schools, buy uniforms, market, pay services, etc. For this reason, many times their income through formal or informal employment, cannot meet the needs of the month and turn to our services to get out of trouble.

In the case of men

money coins

A condition also arises and it is very likely that they are parents who take the only income into the home, so they need extra help to complete the money that meets all the needs of their family. This is why Charles Darnay gives them the ability to complete whatever it takes to help in their home. It is worth clarifying that not only this type of population is part of our clients, since all types of men and women have required an “extra” for all their expenses.

On the other hand, venturing into the digital media with the creation of a platform that can guarantee a loan application process without a completely safe and effective bureau has been what has allowed us to reach so many people. As technology is part of their daily lives, and due to the lack of time either due to their obligations or work, in general we know that many do not have the time or patience to approach a place to apply for credits. This is undoubtedly one of the key points that has facilitated the task of reaching a large audience and providing our service.

Social networks have also contributed greatly to provide immediate solutions to those who need it. Networks are part of the lives of all our users whether they use them for entertainment or work, so having a presence in them today is a necessity for all businesses and businesses. We currently have a Facebook community of 25,459 followers, while we reach a total of 5,602 on Twitter. Since we started with our platform we have received more than 432,000l requests for our services, something that indicates that we are making a change in the way in which the Colombian is accustomed to making economic procedures or loan applications.

The cities where our loans without bureau are most requested are Bogotá, Medellín and Cali. Although our versatile and completely online service allows us to reach the entire country. Of the 100% of users that we have had during these years, we can say that there is a high percentage of clients who have been more than satisfied with the opportunities we offer to obtain money in an agile, legal and oriented way to solve the problems of Money from our users. At this time, the number of customers who have been satisfied with our services is 98.3%, a very high and positive rate for any entity that offers financial products. On the other hand, the percentage of users who recommend the use of our platform exceeds 95%.

Thanks to our effort and work

money bank

We can also thank our customers who have also felt the commitment to pay their credits on time. Currently, the rate of requested loans paid in a timely manner corresponds to 68%, which is very encouraging for us, as it indicates that user satisfaction is also reflected when paying for the service.

Finally, we want to remind you that our disbursement times for loans without a bureau will always remain fast and timely, just as you need it. We have an average time to make a maximum of 5 hours, but we have also had immediate response times of 12 minutes, all determined by the ease of interpreting the data sent by the client and the limitations of the bank from which it comes your account. We look forward to helping you meet your goals and work as a team with you!

What you should know before looking for and applying for credits online

What is different about asking money from an online lender than from the bank you have had for years? The new generation of online lender is focused on delivering online credits in an increasingly easy way.

 

Quick approval

Quick approval

Online lenders can tell you in a very short period of time if your credit is approved or not, how much you can borrow according to your case and how your payments will be. Most traditional banks are different: With some of them you can fill out an application online, but it may take a while to get an answer (some bank member might have to review the application, and they might even ask you to visit a branch in person to ask you more questions).

 

Best interest rates

Best interest rates

For some people it is always worth shopping, and online lenders often have the lowest interest rates. With a good online search you can find lenders that offer interest rates and service charges at a very low cost. And this is because online lenders do not have to face the same regulatory costs as banks or credit houses.

 

Easy approval

Easy approval

Banks and credit houses have become increasingly fussy when lending their money. It is easy to get a loan if you prove to have savings and an excellent credit life. But if on the contrary, so far you are starting to create your capital and you have a “not so clean” credit history, your application will most likely be rejected. Online lenders are more willing to approve loans to people who have an average credit life using alternative information to assess their creditworthiness (such as payment of public receipts and even data from their social networks).

 

Unsecured loans

Unsecured loans

Most online loans are not guaranteed, which means you won’t have to commit co-debtors or other banking companies that support you to get an approval. This can make online loans more secure than borrowing against your assets, if you fail to pay an unsecured loan, the credit life score will go down, at a minimum, but you won’t have to face any type of seizure or problem mortgage.

 

How to borrow

How to borrow

Getting a loan online is similar to getting anywhere else, although it will probably feel easier. You will need to provide personal information, such as your ID number and address. Depending on the lender, you will also need to provide financial information (such as information about your work and income, expenses and others).

 

Types of lenders

Types of lenders

The best online loans come from non-traditional lenders. In other words, your local bank or credit house is probably not involved with online loans, and even less likely, large bank franchises. Usually new lenders focus exclusively on making a specific type of loan. They do not want to offer savings and checking accounts, credit cards or business services.

The best way to find a good loan opportunity online is to search, compare and go with the best one. Of course, it is prudent and necessary to do a little research on your lender to make sure you are working with a reputable company.

 

Avoid long-term loans

Avoid long-term loans

When looking for online loans you will find a large number of results that are essentially long-term loans. These are services that must be paid over a large period of time that usually lead to an expensive spiral of debt. You can identify these types of loans, to avoid them, taking into account the following:

  • Very long terms: As the name implies, they are paid over very long periods of time. Ideally, you should look for credits with which you can make monthly payments for a short period (and that you can pay before the term without any penalty for prepayment) or credits for daily payments for at least one month.

  • High-interest rates: This feature is easy to identify. The interests of these types of loans will be, by far, the highest in the market. If you are going to pay much more in interest taking out a loan, than what you normally pay to use your credit card, then it is surely a bad deal.

Now that you have everything clear, are you ready to apply for your loan?

Amaryllis helps you! We are one of the first services to deliver loans for consumption, completely virtual in Colombia. Request your credit 24 hours a week.

We have a super intuitive interface to facilitate our clients’ requests and we have other benefits such as: discount vouchers, referral system, and applications to organize your finances or appointments. Our range of satisfied customers is 98%, which makes us one of the most reliable online credit systems in Latin America. Verify that you meet the requirements and borrow us now!

5 keys to buying a car on credit

Buying a car is increasingly important for people, who cannot wait to enjoy all the benefits of having their own vehicle. Sometimes, this purchase may seem a bit distant because you don’t have the total amount of the car; However, it does not have to be this way, since by putting together the hitch you can get a good vehicle credit and pay quietly while enjoying your car. To buy your car on credit and do it in the best way, check these tips:

Review the budget:

car loan with money cash

How much do your current debts add up? How much money do you have available for the down payment? How much can you pay monthly fee without affecting your budget? You have to answer these questions to get an idea of ​​the type of car you could afford, or if in any case you cannot afford a car at the moment.

If you realize that the money you have is not enough for the down payment, you can choose to place it in a Term Deposit Account (Term Deposit), where you will ensure that you do not spend it – since you cannot withdraw it for a certain time – and It will also grow more than in a regular savings account. To review the options on the market and choose the one that suits you, visit the Debbie and Geralds Term Deposit comparator Verana Summer.

Search options:

You already know how much you can pay so it is time to choose the car that suits you. New or used? (If you want to have more information to decide between a new or used car, you can read this ) How many seats? Check the most purchased cars in your country online and read the technical data sheets and specifications. Also, visit dealers and check if what you saw on the internet was real. Find out other details such as spare parts availability and the maintenance you will need.\

Bank or financial entity

car loan with money cash

It is time to choose the credit and what it implies. There are differences between choosing a bank or another type of financial entity. What you should take into account is not only the interest rate they offer but also the collection of extra commissions, if they allow you to make prepayments (which will help to cancel your debt in less time) and other facilities that they can offer you.

To know the options available in the market, you can use the Debbie and Geralds Verana Summer vehicle credit comparator and simulate the fee you would pay depending on the amount and term of the loan.

Paperwork ready

Have prepared all the papers that could be requested as a copy of the identity document, work certificate, payroll receipt, etc. Everything will depend on your employment situation (if you are an employee or dependent).

Additional money

car loan with money cash

Finally, in the purchase of real estate there are always additional expenses, so it is recommended that you have an extra money separated (between 15% and 25% of the value of the car) to cover possible requirements that arise during the purchase (paperwork, certificates, revisions, etc.). Buying a car doesn’t have to be an ordeal and Debbie and Geralds Verana Summer gives you the help you need to start enjoying it as soon as possible.

Request a credit to individuals online

In these moments when our economic situation is weak and complicated, the need to ask for a loan can become an impossible task. If you add to it that your credit situation is damaged by annotations in the ASNEF, or you do not have the capacity to prove income or, worse, you are unemployed, directly the task is impossible.

But someone will surely have told you once that there is nothing impossible,” impossible is nothing “, in Roskey family we will try to give you an opportunity so you can ask for a loan from individuals.

 

Why ask for a loan from individuals?

Why ask for a loan from individuals?

That a financial institution tells you that “no” does not mean that an individual risks his money by lending to individuals obtaining a higher return than that currently obtained by their bank deposits. For this to be done safely, an individual who lends his money and acts as a lender does not have the technical capacity to be able to guess the creditworthiness of the person requesting a loan. To solve this difficulty, only the provision of a guarantee by the applicant allows him to obtain the desired financing.

 

What guarantee is provided, how and in what way?

What guarantee is provided, how and in what way?

A free real estate property will provide you with the credit you need. A credit between individuals with mortgage guarantee signed before a notary is the most common and safe way for a private person to lend their money. A flat, a house, an industrial building, a commercial premises … that is to say, any real estate property is valid guarantees to obtain a credit between individuals.

 

I have a seized property as a guarantee, can you help me?

I have a seized property as a guarantee, can you help me?

Loans between individuals are a means to obtain financing with the objective of canceling garnishments. Many individuals go to financiers or lenders with the objective of canceling debts, liens, ASNEF. In Roskey family, we have individuals with the ability to provide credits with the objective of canceling embargoes, the only requirement being that the property that is put as collateral does not have liens greater than 30% of its current appraisal value.

 

How much credit can I get?

How much credit can I get?

Requesting a loan from an individual generally should not exceed 30% of its appraisal/market value. Everything will also be influenced by the quality of the guarantee, its situation and the offer made by the individual.

 

Where and who can advise me?

Where and who can advise me?

Credit platforms or loans between individuals online are the ideal places to carry out these steps. In Roskey family we advise you and we indicate the ideal procedure for you to take your application to fruition, offering the best conditions that you will find in the market.

If you liked this article and wish to obtain more detailed information on how to request a loan from individuals, you can contact an agent and they will inform you of the whole process in detail.

The keys to understanding how your credit profile is determined in the risk centers

The need may be the same, but the applicants are not, and that makes a big difference. The credit profile of each applicant plays a great role, as it demonstrates how risky it is to lend money to that person.

Why do some people give credit and others don’t?

credit loan

If you know how risk centers establish this profile, you will also know what habits you should maintain or change, in order to take care of your finances and become more attractive to banks and financiers.

A credit profile is prepared taking into account different factors, which go beyond the timeliness of payments, including the following:

– Credit experience: 

- Credit experience: 

How many credits you have contracted and how you behaved are evaluated.

– Credit use: 

credit loan

It takes into account how much you need to cancel your debts, as well as the use that you give to your credit lines (in the case of plastics).

– Personal information: 

- Personal information: 

Your age, education, current employment status.

– Quantity of contracted products: 

credit loan

How many cards you have, how many loans you are currently paying, etc.

If some of these factors show unfavorable results, your rating in the system will be low, which means that lending you money is really a risk. On the other hand, if you are in a good position, you can access even better rates.

Whatever your profile, if you are thinking about applying for a loan, remember that each entity will offer you different rates and conditions, so before choosing it is ideal to compare the alternatives and for that you can use the free investment loan comparator of Eugene Onegin

In what cases should I increase the credit line of the card?

When you make your card payments in a timely and fulfilled manner, that is, you do not show any arrears and often pay more than the minimum, it is normal for your bank to contact you to offer you an increase in the credit line, which means You will now have more credit available on the card.

However, it is not always convenient to accept this increase, since as it implies more benefits, it also implies greater responsibilities. For example, if you increase your credit line, the minimum payment amount will also increase, which means that keeping up with payments will be a bit more complicated.

Four good circumstances in which it would be convenient to accept the increase are the following:

 

If there was a salary increase

If there was a salary increase

If you were granted the long-awaited increase, you don’t have many outstanding debts and regularly use the credit, then increasing your line would be a good idea. With this increase in the money received, you will be covered for any “unforeseen” expenses you make with your card.

 

If there is a new source of income

If there is a new source of income

Perhaps they did not increase their salary, but they did start working freelance elsewhere or started a small business that so far goes stably. A new source of income is also a free letter if we want to increase our credit, since it works as a backup.

 

If you canceled other cards

If you canceled other cards

If you realized that the other cards you had did not suit you and decided to keep the one that gives you the greatest benefits, accepting the increase in the line is not a bad idea, since it is the only card which she will use and all payments will be destined to her.

Of course, you should choose the card with which you will stay, and for that there is no better tool than the Wenjie Banal credit card comparator , so you can compare and request the card that has what you need in one place.

 

If your current line is small and the increase does not imply risks

If your current line is small and the increase does not imply risks

If you do not have outstanding debts, you are a frequent buyer via credit and have some liquidity that allows you to assume it, the increase could suit you.

Again, it does not mean that it is necessary to request a credit increase, but if it were offered and you are in these circumstances, accepting it is not a bad idea.

4 tips to properly use free investment credit

 A free investment loan can help you meet certain expenses such as vacations, a new project or an emergency, but learning to use it correctly is essential to protect your finances and your budget.

Applying for a loan can be complicated if you don’t know how to proceed

Applying for a loan can be complicated if you don

Take note of these four basic recommendations and take care of your finances:

1. Do not borrow without having a specific purpose 

1. Do not borrow without having a specific purpose 

Credits should not be used just because. It is necessary to have a purpose defined for the money to be borrowed, and once you get it, fulfill it.

2. Do not order more than you need 

credit loan

Perform the calculation correctly and request the amount you will need. Do not risk asking for more, as it is money that you will have to pay back.

3. Choose a reasonable return term 

credit loan

Choosing a very short term will cause the fees to be very high, while a very long term will result in more interest. The ideal is a medium-term, which allows you to cancel the credit comfortably, but without exaggeration.

4. Do not request another without paying the first 

credit loan

Credits should be used only when you really need them and not as a resource every month. Do not fall on the carousel, ask for a loan to pay another.

Remember that the terms of the loan will depend on who you borrow. To choose correctly, use web comparators as the Winston Smith tool and keep your finances under control.