Effortlessly started thanks to the green loan!

A green loan is interesting for many people. It means that you want to make an investment that is environmentally friendly and therefore benefits society. Ultimately, the benefits are for you, because you get a lot in return. An investment in a new heating system, you immediately reap the benefits. But of course also towards the future. And that’s what it’s about when we buy a new home or renovate an existing home.

Investment cost of money

Investment cost of money

Anyone renovating today should think about tomorrow. So do not stay with the old systems that may be handy to use, but are not profitable in the future. The energy bill must be reduced and you can do that by investing in innovative materials. There are many old houses that do not have any type of insulation, heating or double glazing. Three forms for which you can borrow with a green loan. A special cost rate has been drawn up which makes it interesting to borrow. These investments also cost a lot of money, of course, but what you get out of it is worth so much more.

So do not hesitate to make an appointment with your regular bank or to inform via the internet. Then you can quickly view all the information and you have a first idea of ​​what is possible. During a conversation someone can explain it to you and you can also explain the situation of the house yourself. That way you know exactly what is possible and whether it is feasible for your plans.

You can obtain a green loan for works that are at least 50% energy-saving. That way you use less energy in your home and that is what banks want to reward with this type of loan. It is therefore a double profit, since you can apply for the green loan and see the energy costs fall over time. It is really a huge difference if you have an efficient heating system, insulate everything well and have high-efficiency glazing installed. These investments are good for the rest of your life because they get very good scores on energy values.

Solar panels – green loan

Solar panels - green loan

Solar panels are also future-oriented and can be financed with a green loan. More and more people are having this installed because they ensure that your home generates its own energy. You no longer depend on the electricity grid or natural gas network to provide your home with electricity and heating. Make sure you have a few quotes from installation companies before you make an appointment with the bank. This way you know exactly how much you need to borrow and you can indicate this directly in the interview. You will see a complete plan from start to finish, how much the cost of the loan will be and what the monthly charge will be. That way you have a clear picture and you know what you are starting to do.

The Risks of Investing in Peer-to-Peer Loan

 

Lending sites and Peer-to-Peer (Lending P2P) platforms can give people the most affordable personal and business loans, as well as provide lenders with more rewarding means of investment with more decent returns. But let’s not forget that this comes with a small risk that you need to be willing to submit to.

 

How to Invest in Peer-to-Peer Loan?

 

 How to Invest in Peer-to-Peer Loan?

 

I like the idea of ​​having access to Peer-to-Peer (P2P) loan sites, such as online Biva, Nexoos P2P Lending, Kavod Lending, TuTu Digital among others that allow ordinary people to lend to others and micro, small and medium-sized enterprises.

Borrowers generally get a better rate than the bad interest rates offered by banks and street financiers. While borrowers can access personal loans that are not available by being (denied or dirty-named) or are prohibitive in other places.

Many people, when they hear the word “risk,” automatically think about the chance of being defrauded, losing all their money, or getting a return. This “capital risk” is important, but it is not the only thing to think about.

Other types of risk involve uncertainty and unpredictability. When you make an investment, it can be hard to say for sure what you will receive when you finally redeem it. Stock prices fluctuate, interest rates vary and inflation is also a risk.

Just focus on capital risk and ignore all other risk factors as well, it may mean you take a less cautious approach. The Risks Of Investing In Loan Between People Peer-to-Peer.

Understanding risk means identifying your own attitude and identifying different types of risk. So you can get tips to minimize the chances of things going wrong.

However, it is not as straightforward as it relates to “Peer-to-Peer peer lending”, this lack of public discussion about the risks involved in this modality is not of concern. But, everyone should know that in any type of investment there are a lot of risks, some bigger ones smaller.

Borrow or break

 Borrow or break

The good news is that if a commercial loan or personal Peer-to-Peer Lending site is interrupted or broken, it is likely that another company will step in to manage the receipt of existing loans. A loan granted to a person or small company has in the P2P site only an intermediary acting between the parties.

However, it may be a totally different story if you are an investor. As times become more difficult for many, unemployment increases and wages are reduced and frozen, it is likely that the number of defaulting borrowers in their loan repayments will increase, this reduces the return from which they invested their savings.

In fact, if you lend to riskier people, you may be putting not only your returns, but also part of your capital at risk.

Investing in Peer-to-Peer is not like saving

 Investing in Peer-to-Peer is not like saving

And that’s the problem with sites with loan alternatives like Peer-to-Peer. I used the words “savings” above, but this is inappropriate – lending your money to other people certainly you are not saving – you are investing.

And just as you can get higher returns by putting your money in corporate bonds and private bonds (ie, corporate loans), you too must accept that you are or are going to take a much greater risk.

Many more cautious citizens have had regrettable returns leaving their money stuck in savings rather than investing in Peer-to-Peer social loans. However, you need to understand the risk they will take.

If you do not mind the higher risk, Peer-to-Peer collective loans can offer you an investment route with higher returns than savings, but only as part of a balanced portfolio. And only if you know what and how much you want to invest.

This way you can take out a loan for your car or house for a good price!

Taking out a loan does not have to be difficult. And it is not, thanks to the efforts made by banks. Their websites are equipped with all necessary information and you can also make calculations. With this you know exactly what the loan will cost you per month. You will see a distribution of repayable capital and costs. You can do all that yourself from your own home, so without a visit to the bank in question. Many people use the internet to find services and products. If you want to take out a loan, you can also use this.

Take out a loan via internet

Take out a loan via internet

The applications have become infinite via the internet. More and more people are also using the smartphone to look something up, apps are being made to serve people even faster. Banks also make full use of this to allow existing customers to manage their services. But new customers can also simulate a loan with this. This way you can immediately see what a loan will cost you every month. In some cases you can also request the loan via the website or app. But that does not mean that it is immediately correct. The bank will first check who you are and whether you can handle the loan.

That’s why they need to know what your financial situation is. What are the income and expenses at the time of application. Income is of course from your regular job or an independent profession. And on the expenditure side, other loans and alimony count as fixed costs. Banks allow to spend up to 1/3 of the income on all loans together. For most families this concerns a home loan, car loan and possibly a personal loan. That means you already have enough loans. You also do not want to borrow everything, because you are always confronted with the high costs that you have to pay and that is always added. Also keep in mind that you want to keep your budget in order, there are many other invoices that you have to pay monthly.

Money goes directly to your account

Money goes directly to your account

Therefore, compare as many banks as possible and you will soon know where the best conditions can be found. That is of course at the bank with the lowest costs. That way you pay less per month and there are no more surprises. You can pay even lower costs by keeping the duration of the loan as short as possible. The disadvantage is that the monthly amount will be higher. Many people choose to take the duration longer, so the monthly amount decreases, but you pay more costs. It’s your choice of course. Banks allow you to choose this yourself with a minimum and maximum number of months. As soon as they see that you can still handle the loan and the application is in order, the repayment starts. The money comes into the account or goes directly to the seller, depending on the nature of the loan.

How to Apply For a Loan – Bank and Credit Loans

 

A loan of money is something that can be very useful in our lives, either because we want to start a new business, make a desired trip or settle any important debt we have. However, loans are not granted as easily because you have to meet a number of essential requirements to receive one. So if you want to request a monetary loan from a financial institution in Peru, we will show you how to obtain it.

steps

Part 1
Prepare to ask for the loan

 Part 1  Prepare to ask for the loan

 

 1 Determine if you need a loan. The best way to know how much you need is to balance your income and expenses. If your debt is greater than your monetary income, you probably need a loan. In this case, making a budget will be your best alternative.

  • If the loan is for a special event (for example, marriage, travel, device purchase), it is best to know how much you plan to spend so you don’t ask more than needed.
  • Talk to other people. Talking about it with other people can give you a better perspective on whether a loan may actually be needed. People who have previously requested a loan can give you better advice on this aspect.
  •  2 Access your credit history. Being clear about your debt and your credit history is an important step in the approval of a loan. To know this report, visit the Sentinel Peru website and follow the instructions to access the free consultation and find all the details.
  • Another method you can use is the “SBS Debt Report”. Complete the Superintendence of Banking, Insurance and AFP (SMT) website to obtain more information.
  • Be careful if you hire a person to carry out this process as you can be a victim of fraud.
  •  3 Have a savings account. Regardless of whether you are an independent or dependent worker, a responsible savings account can make the financial institution for which you have requested the loan more easily, as you would have good savings. In Peru, all banking institutions offer you the opportunity to create a savings account called “Cuenta Cero”, which does not charge a monthly card maintenance fee.
  • Every time you receive an amount of money for your work, an amount is saved in a savings account to have good savings.
  • With a savings account you can have responsibility for the various financial institutions that you can offer a loan.
  •  4 Evaluate your payment options. Before asking for a loan, make sure you need the solvency and job security to pay it off in due time. If the loan will be one more debt in the long run and it will not solve your financial problems, you can have serious legal problems.
  • The best thing would be for you to make a chart where you have to pay your gross income and debt to know exactly whether you can pay the amount borrowed within the set limit.
  • Keep in mind that loans are always long-term loans, which means you are willing to accept a debt of many months or years.
  •  5 Make sure you have all your accounts up to date. You may have an outstanding debt – but if you want the borrower to ensure that you have sufficient funds to pay off the loan, you need to be aware of your basic needs such as water, electricity, etc.
  • Depending on the province where you live, financial institutions will request proof of payment for basic services as well as for annual properties.
  • Remember that paying these services is the first step in approving the credit, as it is essential.

Part 2
Start the loan process

Part 2  Start the loan process

 

 1 Find out about the different loan institutions. In Peru, there are numerous entities to which you can request a loan, ranging from savings banks, municipal savings banks, cooperatives, banks and pawn shops. In Peru, the main entities to which people go are banks because of their reliability and solvency, although most interest rates are too high.

  • Some of the banking entities characterized by low interest rates are Interbank and Scotiabank. In addition, they provide fairly convenient payment methods compared to other banks.
  • Before applying for the loan, look for more information on the entity on your website.
  • Find out the TCEA (Annual Cost Effective Rate) to get an idea of ​​how much you will pay over the long term. With this rate you will know what the total cost you will have to pay for the loan and you will know which credit is best for you.
  •  2 Analyze the different benefits they offer you. Each financial institution offers different benefits so you can request a loan. It is advisable to analyze each one and see which one is best for you.
  • Among the benefits offered are the time it will take to pay the amount, the terms of payment, the ease of payment, among other benefits.
  •  3 Deliver all the requirements they ask you. Once you have chosen the best borrower, go to your nearest branch and submit all the documents you request. Generally, you need to raise a specific gross income that falls between 1,000 and 1,200 soles, in addition to presenting your age IDs, receipts and endorsements.
  • Remember to accumulate all the documents before approaching the borrower.
  • Make sure you ask for the amount you need. After submitting all the papers, you must sign the papers and complete the details so that you receive the quantity you requested.
  •  4 Caring for your money After receiving a large amount of money, it is best to be careful when leaving because there are always criminals who pay attention to all the movements of money.
  • It is better to open a savings account or deposit the money into an existing account. This step is easier if you have asked a bank loan, as they offer you this possibility.

Part 3
Determine the payment method

 

 

Part 3  Determine the payment method

 

 1 Check your loan agreement. The best way to know how much you will have to pay and how long the loan agreement will be reviewed, where exactly the fees you are committed to, is detailed. Of course, before you request the loan, the financial institution will inform you of the monthly amounts and the time when you have to pay the debt.

  • It will be good to install a borrower application that you have made the process so you can control everything about money.
  • Depending on your income, you can determine the amount you have to pay monthly to the financial institution and the amount of time you will have to do.
  • Remember that you can make full or partial prepayments at any time, with total freedom and without any penalty or cost.
  •  2 Determine the payment method. If you asked for the bank loan, you will not have major complications, you will be able to make payments via bank agents, cashiers, windows or internet banking. The savings banks and municipal savings banks also have an online bank, which allows you to make virtual transfers.
  • Search for an agent near your location as it is usually found in warehouses or minimarkets, which greatly facilitates your access to the bank.
  • You can also pay by making transfers, thanks to an application on your phone, you only need your account number, ID and password to enter.
  •  3 Always check the payment notifications. Each month you will receive notifications by email or e-mail about the amount of the debt and the expiry date of your next installment. Stay quiet, because if the payment is beyond the deadline, your interest may be charged.
  •  4 Enjoy your loan. These are all the steps needed to pay a loan. Remember, if you want to ask someone else in the future, pay attention to your credit history, because that’s what financial institutions use to approve that credit.

Things That Maybe You Miss In Your Finances | Entrepreneur Finances

 

28 Mar 6 things that maybe you miss in the calculation of your finances

 

 28 Mar  6 things that maybe you miss in the calculation of your finances  

 

The issue of finance is often challenging for many entrepreneurs and owners of small or medium businesses, due to the different movements of income and expenses that usually occur on a day to day basis. Therefore, we will tell you the 6 things that are commonly omitted during the calculation process, so that you can have a more accurate figure of the economic resources you manage within your business and make better financial decisions.

 

Current assets

 Current assets

 

Current assets are those that represent the amount that is available to be used or invested. It also includes all the different types of income and assets that can be converted into cash in the short term.

# 1 Accounts receivable

# 1 Accounts receivable

One of the concepts that you must take into account to be able to have a more real calculation of your finances, are accounts receivable. These are identified as part of the payments from customers to whom you already offered your services or products, are current assets. Since it is money that is about to be received in a short term and can be used within the cash flow.

# 2 Money in bank accounts

# 2 Money in bank accounts

In the same way, it is necessary that you add the amount you have in your bank accounts, even if you do not use it and you have it saved for some unforeseen event. This also can throw a positive result in the calculation, it will help you to know how much you have saved and set goals to increase it. An example of this can be, to set aside an exact figure for the month and every three months to increase it.

# 3 Inventory

# 3 Inventory

Another aspect that many omit not to perceive as physical money, are the objects that are in inventory. You must consider the total value that these assets represent, since as you sell them, you will be obtaining the money to be able to circulate it. It is good to mention that an excess of inventory can be negative if it represents much higher costs of its value in itself and the value it has in the market.

Short-term liabilities

 

Short-term liabilities are all those expenses that are held in a fixed manner and must be settled in the shortest time. These include payments for services, the purchase of material, and those outstanding payments that are held.

# 4 Taxes to pay

# 4 Taxes to pay

One of the short-term liabilities that many often forget, are the taxes that must be settled in tax matters. Since a business that is formalized, it must comply with the corresponding tax payments according to the transactions it carries out. Within these expenditures are the VAT (Value Added Tax) and ISR (Income Tax) payments.

# 5 Loan interest

# 5 Loan interest

Also in the financial calculation, the interests of the different loans that are possessed must be estimated, either credit cards or credits requested to invest in working capital. The amount that represents the payment of said interest must always be taken into account in order to pay in time and form and thus avoid that this concept increases due to delays.

# 6 Remunerations pending

 

# 6 Remunerations pending

 

Finally, remember to identify the exact amount of all the compensation you have pending to your employees. These are an important liability and in addition to the normal payment of the payroll, it must be calculated in order to have a good administration of economic resources and avoid future liquidity problems.

 

How to improve the state of your finances?

 

 How to improve the state of your finances?

 

If at the end of your calculation you get a negative number or you want to increase, there are strategies that can help you. For example, in the case of expenditures or expenses, you can begin to implement strategies that help you reduce them. Look for suppliers that offer more competitive prices, use your raw material efficiently or try to reduce the fixed costs of basic services.

To increase your assets, you can devise a new collection plan that is more agile, invest in offering a greater variety of products or even prepare a plan to take the next step and grow your business.

Now that you know how to calculate your finances in a better way, try to take advantage of your resources to increase the value of your business and generate more income.

Tip:

Tip:

You can use digital tools, such as Kompás, so that you know in real time the income and expenses that are being invoiced in your business.

 

They Are Threatening My Enforcers | First Debt

 

If you ignore reminders from your creditors, you can now expect to be asserted by professional enforcers. This can give your creditors the mandate to recover the amount owed. Another option may be to sell your claim to another creditor, which is currently the enforcement agency that is making a living. In order to be successful and feed on the market, they usually use law-edge practices. There are a large number of smaller companies in Slovakia, only a few are large collection agencies.

Although enforcement agencies do not have any support and options in the law (such as a bailiff), their actions are very effective.

What are the enforcement techniques?

 

The goal of the debtors is to break the debtor mentally and recover the debt in almost any way . In practice, these can be frequent and intense visits by borrowers at home, at work,… actually everywhere. By intense we mean intimidation and blackmail. Almost no one will endure such pressure for a long time, and in many cases they prefer to borrow to pay the debt. But as a result, the borrower only continues to debt and begins a vicious circle.

 

What can the enforcer do and what must not?

What can the enforcer do and what must not?

If you are approached by a enforcer, it must be proven whether he is acting on the basis of your creditor’s full power or whether he has purchased the claim. Whether it is actually eligible for recovery. Then you can try to find a friendly solution with him, which in most cases will fail. These negotiations can be very emotional and even aggressive. Therefore, keep in mind that:

  • Enforcer is not a bailiff, ie. is not an official
  • Enforcer must not enter your apartment / house
  • The enforcer must not confiscate property
  • The enforcer must not use police interrogation methods
  • Keep witnesses, ideally camera on.
  • Never pay anything in cash!

 

Change of lender

If the creditor is changed, you will be notified of the assignment (in terms of divestiture) of your claim to another creditor. You do not need your consent to do so (except when there is an agreement with the creditor that the claim cannot be transferred to another person). Upon receipt of the notification, it is your responsibility to repay the obligation to the new creditor.

solution

 solution

If you do not want to be under pressure and pay 100% of your debts, please contact us.

Our certified specialists will be happy to advise you for FREE.

Our separation of legal aid is able to reassess all of your commitments and find loopholes that make it possible for court claims against creditors to be challenged. Alternatively, we will be able to agree with the majority of creditors on better terms and payment schedules that will be acceptable to both parties. It depends on the particular case.

Do not wait until your debts grow over your head and contact us via our contact form or by calling 0800 221 331 . We will help you!

Personal bankruptcy | First Debt Consolidation

 

Are you over-indebted, failing to meet your obligations, and do you have an execution against you ? A possible solution for you could be debt relief, also known as the so-called debt relief. personal bankruptcy .

Personal bankruptcy is the way in which entrepreneurs and individuals can dispose of their debts by one of the two forms of law, either in the form of bankruptcy or in the form of an installment schedule.

 

100% debt relief can be achieved without any property!

 

100% debt relief can be achieved without any property!

 

Currently, the most favorable conditions are set for debt relief from all over Central Europe. Personal bankruptcy is possible even if you have no assets. As a result, almost everyone can reach it. However, this situation is unsustainable in the long term, so conditions are expected to tighten again. So do not hesitate to miss this unique opportunity to get rid of all your debts and start a new life.

 

Personal bankruptcy

Personal bankruptcy

 

The first debt relief service has been in operation in Slovakia for more than 6 years. We have great experience in debt relief and we can boast thousands of satisfied customers. This allows us to offer very fast, flexible and quality services. We will prepare all the documents within a week!

Do not postpone your problem solving and fill in request online *. The legal aid application will be ready within 7 days.

* Your operator will contact you within 24 hours. It will select the office of the Bailiff’s closest to your residence. We will arrange a free appointment for you to analyze and suggest the best option for debt relief. You will then submit the supporting documents and within 7 days you will have a request for legal aid for personal bankruptcy together with the necessary annexes to the relevant Legal Aid Center.

 

Conditions of personal bankruptcy

 

Conditions of personal bankruptcy

 

A personal bankruptcy application will be submitted to the Legal Aid Center (CPP). The Legal Aid Center is a state budget organization established by the Ministry of Justice of the Slovak Republic on the basis of Act no. 327/2005 Coll. on providing legal aid to persons in need.

Who is entitled to personal bankruptcy? Below is a list of terms a person must meet:

  • You must be insolvent – you must have at least one debt of more than 180 days overdue
  • There must be at least one execution proceedings against you
  • The amount of your debt must be greater than the value of your assets
  • In the event of a bankruptcy, you must return a loan of EUR 500 to the Center for Legal Aid for a period of 3 years after the debt relief is granted, which the Legal Aid Center will provide you with a fee for the administrator
  • In the case of a repayment schedule, you must pay EUR 670, – as a reward to the administrator and the designated lawyer
  • Within 6 years of permission for debt relief (from court ruling), in the event of a minor inheritance, donation or win from a bet or game, you are obligated to voluntarily offer at least half of that money to creditors to meet unenforceable debt
  • You have to have so called a center of major interests , that is, you must have a residence, family, relationships, property, economic and social ties that can be proven

Whether you are entitled to personal bankruptcy and meet the conditions you can verify in our unique bankruptcy calculator.

 

When is personal bankruptcy the appropriate way to deal with your debt?

Personal bankruptcy is an ideal solution for all those who are unable to pay their debts, whose debts exceed their assets, and the bailiff is conducting execution proceedings against them. By ordering the debt relief court, all court proceedings relating to your debts are brought to a standstill, and at the same time the debt relief is the reason why you can file a motion to suspend executions against you. Obviously we will make the necessary proposals.

Forms of debt relief

 

1) Bankruptcy

Bankruptcy is a form of debt relief for people who have no assets or are willing to give up their assets in exchange for getting rid of their debts.

2) Payment schedule

The repayment schedule is a form of debt relief for people who have property and want to keep it. The monthly income of a person wishing to use the installment plan must be such that, after paying for the basic necessities, he or she is able to pay 110% of the value of his property in installments over a five-year period. During permitting of debt relief in the form of an installment schedule, the so-called protection from creditors, ie executions against the debtor is postponed by law.

Our specialists and lawyers will consider whether it is more advantageous for you to have a bankruptcy or repayment schedule. They will prepare all the documents so that the administrative proceedings before the Legal Aid Center and the court proceedings before the bankruptcy court will be without problems.

 

 

The course of personal bankruptcy

 

Personal bankruptcy has several phases:

  1. Submission of an application for legal aid for personal bankruptcy together with the necessary annexes to the relevant Legal Aid Center
  2. Decision of the Legal Aid Center on granting legal aid: ( A) in the event of bankruptcy, the designation of the Bankruptcy Center; (B) in the case of a repayment schedule, the appointment of a lawyer for the preparation and submission of an application to determine the repayment schedule
  3. Submission to court (electronically), which should decide on the application within 15 days of service
  4. Court’s decision to grant debt relief , which decision will also be appointed by the trustee (the effects of debt relief are already made by a judicial decision)
  5. Another course of personal bankruptcy – A) in case of bankruptcy is the realization of the property . If the debtor does not have any assets, the trustee shall notify it in the Commercial Bulletin and the bankruptcy shall be canceled (terminated); B) in the case of a repayment schedule, a five-year period occurs during which the debtor is paying the intended repayment schedule
  6. Termination of proceedings

 

Do You Need To Use A Credit Card To Shop? Title Loans

 

Of course, you spend a lot of time shopping for household needs, especially before Idul Fitri. Although traditional markets offer cheaper prices, some of you may choose supermarkets or supermarkets as your loyal shopping buddies. In addition to a comfortable shopping atmosphere, supermarkets also provide convenience from the various payment modes offered, one of them is by using a credit card. But do you need to use a credit card to shop during Ramadan?

 

Consider the amount and type of your expenses

 

Consider the amount and type of your expenses

 

How big your nominal expenses and the type of goods you buy are things that need to be considered in determining whether you need to use a credit card or not. Some features of a credit card can indeed help you save on spending in Ramadan. However, it’s a good idea to consider ways to maximize these features so you can save more. For example, if you buy dinner and see a promo at a restaurant using your credit card, before deciding to use the promo, it’s a good idea to compare your initial dinner budget with the final price of the promo. Not infrequently the promo encourages you to spend more than you normally spend.

Cashback

 

This cashback feature is one of the most tempting features of a credit card. When spending money on shopping, you can get money back from the transaction. The example is this: for example there is a promotion with a 2% cashback feature in your subscription, then you shop for 2 million rupiah, so from this transaction you can get 40 thousand rupiah back to your pocket. To maximize this feature, of course you need to pay attention to the cashback percentage offered and the maximum limit of the cashback .

Promos and Discounts

 

Some banks work together with certain brands to provide benefits in the form of discounts. Here you need to pay attention to which brands give discounts on your credit card, so you can get the maximum discount. This is not only limited to physical stores, but also online stores and e-commerce.

 

Supermarket Special Credit Cards

 

 Supermarket Special Credit Cards

 

Some banks offer credit card offers that work directly with your favorite supermarket. This special credit card usually gives you benefits at a discount that is more frequent and with a greater percentage. It is also very useful to save your expenses in the month of Ramadan. Even so, don’t forget to make sure that the credit card you use has cooperation with your favorite supermarket, the most frequent and easy to visit, so as not to bother your shopping activities. Several available supermarket credit cards include Lotte Mart, Carrefour, and Hypermart.

Points Reward System

Some credit cards have a reward point system that will continue to accumulate during your shopping activities. With this feature, you can save expenses by exchanging points that have been collected on your credit card. Points can be exchanged in the form of prizes or even discounts on certain transactions. Before using this feature, it is also important for you to pay attention to the percentage of the discount you will get. Usually banks give a maximum percentage of the discount you can get.

0% installments

Getting THR in Ramadan might be a motivation for you to buy the dreamed item. Approaching the end of Ramadan, not infrequently you can find ideal items at lower prices, both in physical stores and online. Not only discounts, you can also use the convenience of 0% installments using a credit card. This feature can give you relief in buying ideal items, and can use your THR for other purposes. Before deciding to buy goods, it is also important for you to compare the price of installments with the ability to pay. Do not let you buy outside the ability to not be able to pay off credit card installments.

So, do you need to use a credit card to shop during Ramadan? The decision is in your own hands. You can indeed use the benefits of a credit card to help you save money, but it is important to ensure that the credit card bills that come out later can still be paid before maturity and avoid interest. Do not let your shopping activities currently make it difficult for you later.