Can I Get Credits With Proper Interest?


What every citizen actually wants in terms of credit is to get a loan with the appropriate interest and repay the money he received with the lowest interest. As a hyperactive credit consultancy firm, we investigate which bank you can get a loan with at what percentage and reach a conclusion with a single application.

Is It Possible To Get Loans At The Right Interest?

Is It Possible To Get Loans At The Right Interest?

What are the main things that we should be careful about while taking credit, it is necessary to look at them;

  • The amount of the loan we will take
  • From which bank we will get credit
  • How many months we will get our loan
  • How much money remains from income when paying loan installments.

As a credit consultancy firm, it prepares the whole process for you by calculating the interest rates that the banks give you specifically, it remains only to use the loan from the bank.

The question of whether I can get a loan with the appropriate interest rate is an issue that every citizen wants to take a loan.

Banks reduce their loan rates and run certain campaigns in certain periods. what kind of campaigns;

  • Holiday loan
  • Health loan
  • Education loan
  • Moving credit
  • Under many campaign names, such as e-credit, banks can lend with appropriate interest.

As the maturity ratio increases, the interest rate generally decreases.

As the maturity ratio increases, the interest rate generally decreases.

Because banks do not want to lose you and want you to be your customer in the long run. Therefore, the interest rate decreases as the maturity increases in general.

However, when taking our loan and determining interest installments, we should determine our other needs and determine the amount and installment option we need in the most appropriate rate. Let’s not forget that banks are a commercial institution and they will gladly give us more money than we need.

While taking a loan, we should consider the attractive offers offered by the banks. However, it should not be forgotten that we should know that when we apply to each bank, we see this in other banks. Because every application that results negatively is registered in our registry and all banks can view it. We handle this job with a single application and ensure you get the credit you need in the fastest way.

Credit Cards Can Make You “Rich” with These 5 Bonuses

There is a reason credit cards are often touted as magic cards. Although often considered “dangerous”, this card has a number of features and facilities that make financial conditions even healthier. Of course with the right use and not used as a backup of money, aka debt cards. If this is just dangerous to the financial condition.

Credit cards are ideally used as a means of payment, so transactions are more practical and convenient. Especially for purchasing goods at high prices, so we no longer need to carry a lot of cash. You can also view transaction records and track expenses easily. As a result, financial budget management is easier. For those of you who like to travel abroad, this card can be used to transact worldwide. So, no need to bother exchanging money with the currency of the destination country.

But besides the series of benefits above, do you know that this magic card also has additional benefits that can make you rich? At the very least, the best credit card should be able to provide these five “bonuses”.


Free airplane ticket

Free airplane ticket

For those of you who like to travel, both at home and abroad for business or pleasure, a travel credit card can help budget travel to be more efficient.

You can get various rewards in the form of promos that can be used for various traveling activities. Ranging from facilities at the airport, hotel discount promos, to free airplane tickets.

These attractive offers are usually given in the form of reward points. You will get points for every transaction made using the card. The more transactions with cards, the more points can be exchanged with airmiles on a number of airlines. Later, these airmiles points can be exchanged for airline tickets or other travel promos.




At present Digibank offers cashback of up to 20 percent. There is also Lite Lenders Platinum which provides cashback of up to 25 percent or a maximum of $ 1.2 million a year, as well as a row of cashback promos from various other cards.

Pretty tempting, right? You can get a variety of cashback by transacting through this magic card. Cashback is generally in the form of bill deductions in the following month.

To maximize the benefits, don’t just choose the card with the highest cashback offer, but also adjust to your lifestyle and needs.

For example, you who are married can choose a card that offers high cashback for transactions in supermarkets, restaurants and online transactions.


Discounts and shopping vouchers

Discounts and shopping vouchers

Who can resist the temptation of discounts and shopping vouchers? There are many offers that make spending cut from credit card issuers. Ranging from discounts to shopping vouchers hundreds of thousands of rupiah.

Using this discount offer can certainly make savings. Just as long as you don’t buy goods or use services you don’t need.


0% installments

Want to buy electronic goods or gadgets worth tens of millions, but have insufficient money?

Borrowing money from bad loans or loan sharks can make you get high interest rates and even exceed the price of goods purchased. Leave this option far.

Now, with a credit card, you can take advantage of the 0% installment program. That way, you can divide large payments into installments over a period of time without being strangled with interest.

Not bad, so lighten your expenses. Even so, you still must be careful of administrative costs or taxes that may be borne.


Prize submission

credit loans

Even since you first submitted, you have had the opportunity to get a variety of prizes, you know. Prizes can also be in the form of cash loans, shopping vouchers, to free tickets. For example the main Lite Lenders Visa Signature credit card that provides round-trip tickets or cashback worth $ 1.5 million.

Despite having a series of added values, unfortunately not a few are still often mistaken for the use of credit cards. As a result, instead of being profitable, debts have even piled up to the point of going bankrupt.

To avoid this, plan and limit transactions carried out using cards. Also make sure to always pay the full bill so that you do not incur additional fees or interest.

So, in order not to feel disadvantaged, always check the bill to make sure there are no stealth transactions or misuse of cards by others or internal banks. When you find the irregularity of the bill, immediately file a complaint with the issuing bank.

Tips for Secure Transaction with a Credit Card

In connection with this fraud case, there are several modes of credit card fraud that often occur. But, fraud by skimming is the number one fraud and most often occurs. Skimming occurs because there are unscrupulous elements when you use a credit card when shopping.

Where he will swipe your credit card to the payment machine that is equipped with a skimmer. This will allow the offender to get all personal information about your credit card so that it can be used at any time.

From this fact, it is clearly necessary caution in maintaining the security of our credit cards. To help you, here are 8 important steps we take to maintain credit card security:

Treat Your Card Like an Important Item

Treat Your Card Like an Important Item

Are you among those who are careless in holding an item? You should be a person who cannot hold a credit card for long. Why? Imagine if you lost your wallet somewhere due to carelessly putting it? Then there are irresponsible people who take it and make your credit card (which does not have a pin) as his property. How much loss will you receive? To avoid this bad possibility, start to think about and make your credit card like cash.

Do not leave credit cards lying around or in the hands of strangers/strangers. This behavior makes life a little more annoying, but it will be even more annoying if you are bothered by the loss of a credit card and all data including the limit value.

Perform Online Transactions from Trusted Sites

Shopping online has become a normal thing to do in the present. When doing so, we often enter credit card information to make payments without thinking whether your data security is guaranteed or not. Imagine if it turns out the security of the online site where you shop was very weak and was used by unscrupulous elements to steal transaction data. Then, most likely you will be the victim.

To keep the case from happening, you have to make certain of these things. First, check the position of the site on Google. Sites that have a good reputation will certainly appear at the top of the search engines.

Second, make sure you check the security signs of any site, where you will shop. Sites with good security usually start with ‘https’, not the standard ‘HTTP’. With the sign ‘https’, it means the site uses an encryption code when transmitting data online.

Be Careful When You Travel / Vacation

Be Careful When You Travel / Vacation

Beware of hackers who can open your personal information from anywhere in the world. In this case, you must be extra careful when traveling abroad. Use your credit card only at Bank ATMs and trusted retailers.

Also, before leaving, make sure the bank knows where you are going. So they can tell you if there is a suspicious purchase. Try to always update your antivirus protection if you carry a laptop on the go.

Avoid using free wifi in public places

To be able to surf in cyberspace, sometimes people are willing to do anything, including using free WiFi anywhere without knowing the risks that may arise. You need to know, free WiFi often does not get good network protection, so anyone can use it to commit cybercrimes, including credit card data theft.

What’s the solution? In this case, we strongly advise you not to shop online using a free WiFi network. Because hackers often install malware on public computers specifically targeting online buyers. Plus a computer cache can store your personal information, making it easier for the perpetrators to steal it.

Never Store Credit Card Numbers on Personal Devices


In this case, do not store credit card numbers and PINs on personal laptops. Indeed, sometimes people like to forget to remember important things like PIN numbers, but that does not mean you can be haphazard in finding solutions, namely by writing them in a personal note application on a laptop.

Imagine if someone else saw the number and he has bad intentions to steal the data. Of course, you also lose right? Remember, anyone can commit a crime if there is an opportunity.

Beware of Fake Emails

Ever received a strange e-mail from someone claiming to have a problem with your order, and you need to re-submit your credit card information or enter the last 4 digits of your Social Security number? Leave it alone, and immediately delete the email. Never tell that number to anyone, including the bank though, because it is very confidential. If you receive an email like that, and you are in doubt, call the customer service number from the bank or shop where you shop to talk directly about the problem mentioned in the email.

Keep Your Credit Card Data Well

Some of the motives for credit card data theft that occur at this time may still be a lot that you do not know about. Therefore, extra caution is needed from you as a credit card holder in maintaining card information so it does not fall into the wrong hands.

Do not let you become another victim of this cybercrime. However, if it turns out you have become a victim, immediately report to the bank and the police so that this problem can be resolved immediately.

Your Credit Card was declined? Try Checking Your Credit Status!

As a means of payment, credit cards have many uses, ranging from paying for groceries at merchants, paying for electricity, water, depositing accounts at brokers, to paying taxis.

So no wonder, credit cards are excellent among modern society. In addition to being safer because there is no need to carry large amounts of cash, credit cards are also considered more practical and more efficient, as well as facilitating financial records.


Apply for credit cards to the bank

Apply for credit cards to the bank

So, do not be surprised if many are competing to apply for credit cards to the bank. But, did the bank then grant credit card requests for every prospective customer who came?

Of course it’s not that easy, it is not uncommon for these excited prospective customers to have to bite their fingers because their credit card application was declined by the bank. Not only was it rejected by 1 issuing bank, but it could be 2, 3 to 4 issuing banks. Then why did this happen?

Do not be disappointed, there are many components that are considered by the bank in determining whether a person is eligible for credit card facilities or not. Well, one of the important ones is credit status or the smoothness index. Credit smoothness index is often known as Cream Bank Checking.

Cream Bank checking is a report issued by Cream Bank and contains a customer’s credit / loan history to a bank or non-bank financial institution. This credit history information can be accessed by all banks and non-bank financial institutions registered as members of the SID (Debtor Information System) throughout Indonesia.


Credit collectability classification

Credit collectability classification

In general, your credit history will be classified based on the smooth return of the loan and referred to as credit collectability. The collectability classification looks like below:

  1. Current credit

This means that your credit history is considered satisfactory, you are a client who is obedient and obedient to all obligations to pay installments of principal and interest.

  1. Special attention credit (DPK)

Namely loans for 1-2 months the mutation is not smooth, the debtor starts in arrears.

  1. Non-current credit

Your credit is considered not smooth if within 3-6 months the mutation is not smooth, the payment of interest or principal debt is not good. The bank approaches but the results are still not good.

  1. Doubtful credit

Credit is in a non-current stage and the debtor cannot complete the credit even though it is due.

  1. Bad credit

Efforts to settle or reactivate non-current loans but these efforts have not been successful, these loans are classified as bad loans.


It is also terrible if the credit is bad

It is also terrible if the credit is bad

So, for my friend, both those who already have a credit card and those who do not have a credit card, pay close attention to the matter of Cream Bank checking, not until the credit history actually makes you difficult in the future.

But, you don’t need to be afraid of credit cards, because there are still many benefits to be had if you have a credit card. C’mon, the spirit of applying is chosen card ^^.


General information about loans – loans and their importance for private individuals, entrepreneurs, banks and the economy

Loans and their significance for private individuals

Loans and their significance for private individuals

The word “credit” is derived from the Latin creditum – the trust entrusted to good faith. Of the various meanings that the word carries, the most socially relevant is classic money and commodity credit . The lender leaves the borrower a certain amount or goods with confidence that the borrower will repay the value according to a contractual agreement. The lender’s profit usually consists of a certain interest rate, which is due in addition to the installments to be paid.

National and private sector loans

National and private sector loans

Loans are a driving force in our economy. The granting of loans by banks is understood as a process of creating money in the existing banking system. There are various reasons to take out a loan. Private individuals usually endeavor to obtain a loan if they want to fulfill certain wishes and the financial means are not available. In the classic case, it is a purchase and installment loan that is paid off in monthly installments. This is usually not earmarked, unlike a car loan or a building society contract. The type of property to be financed is specified here.

For lower sums, such as to finance some occassion or a vacation, there are small loans. If you want to have a certain amount quickly and easily, you now often choose an instant loan that can be applied for online from a direct bank.

Credit check

The process of lending almost always includes a credit check, in which the lender is convinced that the applicant is able to repay the loan. Too little income or a negative entry at Credit Bureau can put obstacles in the way of the borrower.

In the meantime, some loans without Credit Bureau are also possible, but when they are granted, the credit rating is also checked to protect both sides. In the case of existing debts with very high interest rates, rescheduling can make sense.

Financing for companies

Financing for companies

Banks also offer certain options for lending for start-ups and business customers with existing companies. These often apply even stricter requirements because the risk of financial bottlenecks and even bankruptcy can be relatively high. For larger companies, the transition to other forms of financing is fluid if they have access to the capital market.

For business customers, a distinction is made between investment loans, which correspond to a classic installment loan, working capital loans and goods financing loans, which each function similarly to overdraft facilities, as well as discount loans for the purchase of bills of exchange.

As an alternative to business loans, there are other financing strategies such as the leasing of equipment, machinery or vehicles or strategies such as factoring, mezzanine capital and private equity.

Calculate and compare credit

Calculate and compare credit

In cooperation with our partner finance check, we offer you the opportunity to first calculate your monthly rate based on your desired loan amount and term. You can then submit a serious loan request and also apply for the loan directly.

How to make a mortgage without contribution?

Personal contribution is often presented as the cornerstone necessary for the success of any real estate project. By putting on the table 10 to 30% of the total amount of the transaction, you instantly reassure the banker as to your seriousness and your savings capacity.

However, is it totally excluded to obtain a mortgage without any contribution, and financing more than 100% of your future main residence? Although it is often similar to an obstacle course, the validation of a file without contribution remains possible in some banking establishments… Subject to presenting in addition a profile of impeccable borrower and knowing how to find the right arguments to convince !

Obtain a mortgage without contribution? Difficult, but not impossibleObtain a mortgage without contribution? Difficult, but not impossible

In the context of a mortgage without personal contribution, the lending bank advances all of the funds necessary for the acquisition of the property. “We are talking about 100% financing, or even 110% financing when the borrower does not assume the notary, brokerage and guarantee costs either,”

  • 100% financing : the bank pays the purchase price of the property. The borrower must still assume the payment of the notary, guarantee, file and brokerage fees;
  • 110% financing : the borrower has nothing to settle from his personal savings. The costs of guarantee, brokerage, file and notary are assumed by the bank loan. Concretely, the “100%” are dedicated to the real estate while the remaining “10%” allow to pay the various costs.

Good to know : notary fees represent around 7% to 8% of the sale price of an old house or apartment. Or for a property of $ 200,000, approximately $ 15,000. A substantial sum that not everyone can assume. 110% financing then has its full role to play.

Very widespread at the end of the 2000s, home loans without personal contribution have become much rarer since the economic crisis of 2008 and the tightening of selection criteria at many banks, which favor solid borrowers who already have a good level personal savings.

By looking well, it remains possible today to get a mortgage without advancing a single penny, or almost.

Indeed, all banking establishments wish to develop their clientele and not all have the same granting criteria.

Who is granted a mortgage without contribution?

In fact, three types of borrowers may have to request full financing for their real estate project:

  1. Young households, very recently entering the job market, who want to buy two without necessarily being married and who have not yet had the time to build up a substantial savings. Older households may also be affected by this lack of savings. However, it is necessary to justify this problem: recent divorce, real estate purchase, etc.
  2. Borrowers with significant savings (passbooks, stocks, life insurance, etc.), but who do not wish to divest it to buy their property. This strategy can be all the more coherent and profitable when mortgage interest rates are at their lowest, as is currently the case. If you get a 2% loan, for example, what good is it to empty an investment that earns you 3.5%?
  3. Investors in rental property. For the latter, 100% financing makes it possible to take full advantage of the leverage effect of the credit and the tax deduction of loan interest.

How to apply for a mortgage without contribution?

The absence of any personal contribution can be envisaged, but must in this case be absolutely compensated by an exemplary file concerning the other criteria examined by the banker.

The latter, for example, will be ready to hear that your recent arrival in working life has not yet allowed you to save significant amounts, as long as you justify a stabilized professional situation (permanent contract for more than a year)., employment in the public service) and a comfortable income or expected to increase rapidly. The same applies if you come out financially affected by a divorce or a long illness.

In addition, a borrower without contribution must manage his finances responsibly to reassure and convince the bank. Account statements for the last three months must not show any payment incident or direct debit rejection. Respond sincerely to the questions asked if you want the slightest chance of obtaining real estate financing without any contribution.

Mortgage without contribution: what interest rate?Mortgage without contribution: what interest rate?

In fact, there is no precise distinction between mortgage loans with and without contributions. However, the bank advisor’s analysis is often different. Indeed, without contribution, the risk for the lender is higher.

In case of default by the borrower, the amount of the loan to be repaid through the activation of the guarantee (mortgage guarantee or surety) is higher. This is particularly true in the case where the financing includes the amount of the real estate purchase and the ancillary costs (guarantee costs and notary fees), an operation which is otherwise called 110% financing.

A higher risk is then compensated by an increase in the margin of the banking establishment and therefore in the interest rate applied. To obtain the best conditions, the file submitted must therefore be very well prepared. In addition, it is essential to contact several banks or to involve a mortgage broker.

Finally, it is important not to focus only on the nominal interest rate, but also on the cost of borrower insurance and on the APR (annual effective annual rate).

You want to finance your real estate project but you have not contributed? Borrow the full purchase price and associated costs! Our financial analysts work with you to find the right financing for your project. Free study without commitment.

Mortgage without contribution: how to properly prepare your application?Mortgage without contribution: how to properly prepare your application?

Obtaining the best mortgage loan offer without input necessarily involves a good preparation of your file. It is therefore necessary to highlight the strong points linked to the project itself (quality of the property, potential, purchase price, etc.) and its personal, professional and financial situation (income, low debt, etc.).

All these elements must be supported by convincing supporting documents such as salary statements, account statements, photos of the property financed…

It is possible to apply directly to financial institutions or to use the services of an intermediary specialized in real estate financing: the broker. This last possibility makes it possible to ensure the quality of his file and to refine it according to his advice.

How to make a mortgage simulation without contribution?How to make a mortgage simulation without contribution?

Do you want to know the amount you can borrow or the associated monthly payment? Performing a first mortgage loan simulation is an important step during an acquisition project.

Indeed, this allows you to project yourself and know what type of house or apartment to select. By targeting a specific budget, future owners save precious time.

To get a mortgage loan simulation, the quickest solution is to use a simulator available online. To refine this first draft, it will of course be necessary to approach a bank advisor or a broker.

Make a first draft of your financing plan

Do not hesitate to use one of the many simulators or calculators available on the Internet to make a first projection of your financing plan, and judge for yourself the realism of your project. In general, a loan without contribution will be more likely to be validated if it presents :

  • A zero or moderate increase in your expenses. If your future monthly payment is equal to or very slightly higher than the rent you are currently paying (and without any incident of payment of course!), The project will seem much more viable to your banker.
  • A “living space” large enough to allow you to easily cover everyday expenses.

It is also essential to draft a financing plan. The financing plan consists of balancing the following two points:

  • Jobs, i.e. all expenses: the purchase price of the property, the work to be carried out, agency fees, brokerage fees, notary, warranty and folder…
  • Resources, which correspond to the constituent elements of financing: the mortgage, the contribution, the subsidies, etc.

Subsidized loans: a winning strategy

Subsidized loans: a winning strategy

By extension, the bank considers as a personal contribution any amount of money that it must not advance itself. This is particularly the case for all “assisted” or “subsidized” loans such as the zero rate loan (PTZ), the housing savings loan (PEL), the housing action loan, CAF credits, loans to civil servants, etc.. Take the time to find out beforehand about all the devices you can benefit from.

The zero-rate loan, in particular, is enjoying an undeniable popularity among first-time buyers or for all those who have not owned their home for at least two years. Since 1 January 2016, the eligibility requirements have been made less stringent and the supported amount can now reach up to 40% of total funding.

Obtaining a mortgage without contribution: the advice of your expertObtaining a mortgage without contribution: the advice of your expert

If you have no personal contribution to support your file, the use of a mortgage broker is highly recommended ! This professional will take care of canvassing for you the various banking establishments from his address book, generally well stocked, and will come back to you with the most attractive offers. His bargaining power can make the difference and give you the little help you needed to gain access to property.

The bank, moreover, will be less choosy if you offer not only to host your income there but also to subscribe to some of its “house” products… To start of course with the borrower insurance that it offers.

Better to finally be realistic about your acquisition project. It may be wiser to give up, for example, incorporating certain work into the loan requested, which will have the effect of reducing the financing required as well as your future debt ratio.

Housing Loan Interest Rates are Falling Rapidly

After Mr. Prime Minister Sean Cole made a statement about the interest rates, Good Finance Bank announced the current housing loan interest rates.

Mortgage loan interest rate


The mortgage loan interest rates changed from 1.15% monthly to 0.99% for a 10-year (120 months) maturity for 500 thousand USD loans. Good Finance, another public bank, announced current housing loan interest rates as 0.98%.

In addition, the 18% VAT rate, valid for housing loans, was reduced by 8% until 31.10.2018. The sudden fall in mortgage interest rates has been good news for home buyers. This discount for people who want to own a house will provide a good profit.

Good Finance Bank significantly reduced its current housing loan interest rates by 17 basis points. Starting from 11.05.2018, monthly interest rates dropped from 1.15% to 0.99%. Good Finance Bank reduced its home base by 17 basis points and mobilized home and housing loans.

Below we made an example calculation with the current housing loan interest rates of Good Finance bank.

Reduce the interest rates on housing loans after the Good Finance bank

Reduce the interest rates on housing loans after the Good Finance bank

There are public banks, Cooperative Bank, Good Finance participation bank, which we expect to reduce the interest rates on housing loans after the Good Finance bank and the public bank.

How long will this interest rate reduction campaign last? The duration of interest rate discount campaigns in housing loans will be valid for at least 3 months.

Another question that comes to our mind is whether those who have used housing loans before can benefit from these discounted interest rates?

In fact, these interest rate cuts were made to activate the construction sector, albeit a bit. In short, it will be valid for new housing purchases to benefit from these interest rate cuts.

Configure the mortgage loan, we have previously taken

Configure the mortgage loan, we have previously taken

We do not have the opportunity to configure the mortgage loan we have previously taken. Even if we transfer the mortgage loan we received from another bank to banks that cut interest rates, we cannot benefit.

Housing loan interest rates fell. But everyone is asking questions such as whether interest rate interest rates will decrease. Decreasing the interest rates of the housing loan will certainly not affect the loan interest rates.

Our previous article that Good Finance Bank Instant Loan Application We encourage you to read our article. You can browse the topics that may be of interest in our Consumer Loans category.