Category Archives: Debt Settlement

Financing or loan? Which one is the best? – Credit or debit

Whether it is a real estate mortgage, a car loan, or a personal loan, there are differences between financing and loans that should be understood before choosing the best way to get the funds needed for the purpose you want.

Loan and financing: similarities

Loan and financing: similarities

Let’s take a look at the significant differences between the two types of financial assistance you can get to make your payments. There are many similarities, however, that deserve prominence.

Banks and financial institutions, in general, are known to be particularly strict in their lending and borrowing processes, requiring a handful of documents that need to be presented. These documents are usually proof of income, income tax, work permit, payslip, CNPJ of your company (if it is a loan or financing for Legal Entity), and valid identification documents.

You must have a solid job, with a sufficient income to guarantee the payment of the installments of the financing, besides that the employment is stable, or that your company has reported profit for the last months. Both loans and financing depend on the assessment of the bank or financial institution, including the loan or financing limits that you are entitled to. This evaluation ensures that whoever gets the loan or financing is able to pay the installments, and exponentially reduces the risk of default by the borrower.

Loans and financing are different, but both can be good options for those who need to make payments with resources that are out of sight at the time. (Photo:

Loan and financing: differences in approval

Loan and financing: differences in approval

An initial difference is in the ease of loan approval or financing.

Approving a loan is much easier than approving a loan. The loan almost always does not have a specific purpose, that is, the person can use the loan for any purpose, from paying bills and debts to making purchases of products, services, and other things more. Generally, when making an account at a bank, you will have a pre approved loan limit to use. Although there is this limit also for financing, the financing limit will need a new analysis when you use it.

In funding, on the other hand, approval is more difficult, and it must, necessarily, be used for the purpose for which it was approved. For example, you can not use a car financing to pay for a home, just as you can not use a business machinery financing to buy a particular car. For financing, more documents are required at the time of approval or use of the same, ensuring that the borrower will be able to pay the installments.

Loan or financing: which is the best?

Loan or financing: which is the best?

Bank loans, because they are easier to obtain, have a higher cost for the borrower’s pocket. On the other hand, they give greater freedom to those who take the money to use as they wish.

Since financing, such as automobiles and real estate, interest rates are lower not only because of the more rigorous approval of financing, but also because financing has access to guaranteed funds that are more “cheap” for the bank to lend. However, the financing has a specific purpose, a guaranteed purpose, and can not be used for other purposes. In other words, the borrower will be limited in the fate that will give the money. In addition, certain financing, such as the automobile, has some limitations for approval, as the requirement of the vehicle not having more than 10 years of manufacturing. In the case of real estate, it may be required that it has never been occupied before, in order to obtain cheaper financing.

Another difference is the time taken to pay off loans and the time taken to pay the loan. While a loan has short repayment terms, usually no more than two years, a vehicle financing can go from 60 months of repayment term. A real estate financing can take up to more than 30 years to get paid. The longer the term, the tendency is for the parcels to be smaller and easier to pay.

Loans also give access to a much lower amount than financing. So consider this carefully when you decide.

Considering the right choice of financing

Considering the right choice of financing

The process of obtaining a loan or financing should take into account your specific demand. For example, you may want to finance an older car, but there is no line of credit available for that car. Your only option will be the loan. But if you have how to choose between financing and the loan, financing is the best option.

Have you taken out a loan or a loan? How was it? Could you choose or were you limited?

Debt settlement- Start your payday loan debt settlement application today

When dealing with your debts, it is very important to weigh the pros and cons of different debt relief options that are available to you. Here are some questions to ask you in order to help you clarify the situation:

  • Am I willing to damage my credit rating in order to end the debts?
  • How long am I willing to follow a debt settlement program until my debts are settled?
  • How much am I willing to spend on such a program?

If you are considering a debt settlement because you are tired of being harassed by debt collection agencies or simply because you can not afford to repay your debt in full, you must first know if you qualify or not.

Start your payday loan debt settlement application today

Understanding debt settlement

In Canada, there are many options for debt relief. In parallel with the debt settlement, there is the financial follow-up, the debt consolidation, and the consumer proposal, just to name a few. Debt settlement is an option for people in a very particular financial situation.

In other words, debt settlement programs via Push the button are designed for those whose debt is so severe that they no longer qualify for debt consolidation or financial tracking. On the other hand, your debt is not serious enough to be the subject of a consumer proposal or to declare bankruptcy. In general, debt settlement is better suited for those with less than $ 10,000 unsecured in consumer debts.

Other issues and qualifications for debt settlement

Although there is an approximate amount of debt that makes you eligible for a debt settlement, your total debt level does not dictate exclusively whether it is the right option for you or not. Here are some other relevant factors:


Obviously, your income is very important because it allows you to make payments on your existing debt. In general, if you are not able to make at least the minimum payments on your debt, at this point you should declare bankruptcy. Fortunately, these laws are not cast in the concrete and each situation is different. Even if you still can not make your debt payments, you could still qualify for a debt settlement program.



The amount of your savings or the active capital of your assets can work in your favor for a debt settlement. Know that most creditors ideally prefer a debt settled by lump sum payment, if possible. For example, if you have a few thousand dollars in an unrestricted account (such as a retirement savings account), debt settlement could be a very good option for you.



The outcome of your debt settlement may differ depending on the creditors you work with and the history you have with them. The chances are that if you have dealt with a specific creditor in the past, the negotiations will be more favorable.

Qualify or not

That being said, there is only one way to know if you will qualify for debt settlement or not: just contact a professional for a free consultation. From there, you will complete the debt relief form and you will be able to know which option is the best for you.

Low Taeg Loans 3 Tips for Getting Online Financing!

Low taeg loans

Low Taeg Loans: Save now, it’s easy!

New options for Low Taeg Loans now available ! That’s right! Thanks to Financemm, your projects will be more profitable thanks to loans in Taeg low.

It presents an important opportunity to exploit if you are looking for liquidity for your projects (moving house, new car, first house). Contact us to access a Low Taeg Loan.

Are you interested in a free consultation without obligation? Fill in the contact form that you find on our site and within a few moments you will be contacted by one of our experts. Our consultants, upon receipt of your request, will contact you to offer you a financing quote with Taeg that is more convenient.

In case you like the proposed solution, then you will agree an appointment, also wanting to your home. The network of our collaborators is present throughout the national territory; so that you live in Milan, Naples, Salerno, Verona, Vicenza, Bologna, Palermo, Rome or Messina, contact us!

Do you have a doubt? Write us a comment. You can do it for free using the space at the bottom of this page. We will soon answer your question.

Now let’s see some in-depth analysis related to this topic.

What is Taeg and what does it include?

What is Taeg and what does it include?

Here is the explanation of what is the Taeg. This is the global annual percentage rate also known as ISC (synthetic cost index). Expresses as a percentage all costs related to a loan, loan or loan.

The taeg includes everything that constitutes the calculation of the interest applied to a loan then the tan (cost of money), the costs of preliminary investigation, the stamps, any commissions applied to the distribution network, insurance costs (if a policy is provided), installment costs.

Once you know this, you can determine the convenience of a loan. It is important to highlight that every quarter Banca Italia publishes the new thresholds on the maximum applicable interest rates. Every loan, loan or mortgage contract must not exceed these thresholds, otherwise the contract will be null and void.

Low Taeg Loans Why choose Financemm?

Low Taeg Loans Why choose Financemm?

You will have asked yourself why choose us? The answer lies in 15 years of experience in the field of credit mediation! Experience that has allowed us to meet the needs of our customers, with different loan solutions, throughout the national territory.

If you ask us for a quote, you can save money twice: you could access one of the lowest loans with a lower taeg.

That’s right! For the first 100 customers who send us the contact request, we have the best loan taeg available ! This is a limited offer!

Lower taeg financing How to do?

Lower taeg financing How to do?

To save money by getting a Low Taeg Loan you only need a few clicks from the comfort of your home!

Exactly. Click on the quotation and the page will open to formalize the request: enter your data (will be treated in the maximum respect of the law on privacy) that will serve to propose the loan solution that best suits your characteristics.

Within a few minutes of sending the request one of our experts will contact you by phone and will point out in a completely free way the directions with which you can benefit from this advantageous financing.

Important Notice! The request is totally free and without obligation: it will not involve any expense but above all makes you free from any commitment. Credit data will not be reported to banks as Crif.

Low rate loans, who can request them?

Do you have the appropriate features that allow you to apply for the loan? Let’s see it now!

In addition to the value of the installment, the total cost of the entire loan (including the necessary expenses) must also be assessed to find your Taeg Low Loans. Only considering the Taeg is it possible to understand the convenience of our Low Taeg Loan.

It is important to verify that the rate proposed by the lending institution is not only a rate provided only for the first installments but is a valid Taeg for the duration of the loan. This is called a full rate.

The Loans solution in Taeg Basso includes the sum of the initial rate together with the necessary expenses. Check all this by asking us for a free quote without obligation.

Not only! The rate proposed by Financemm is placed at the best conditions on the market and you can choose the loan installment to be repaid and its duration.

Other advantages! By choosing Financemm you will have guaranteed insurance cover in case of death or loss of employment in an involuntary manner.

If you want to pay off the Taeg Low Loans you can also do it in a period of 24, 36, 48, 60, 72, 84, 96, 108 and finally 120 months. The installment already includes all expenses and in any case can never exceed one fifth of your salary, can only be minor.

With regard to the provision of low rate loans can be made by bank transfer or, if not in possession, by check. All this is allowed by the transfer of the fifth, which also allows you to renegotiate the loan early, thus recovering all the interests that have not been accrued. The assignment of the fifth can be requested by employees with permanent contracts and pensioners.

For more information on the sale of the fifth lowest taeg on the market proposed by Financemm visit the page dedicated to the sale of the fifth.

How to calculate the taeg?

The Taeg calculation system is based on a very precise formula. If you are wondering how to calculate the loan taeg, here you will find the possibility to download, for free, an excel file. By entering the data in the file, the computer will automatically give you an example by which you can check the annual percentage rate applied to your financing.