31000 Euro credit – small monthly installment with long term possibleUncategorized
No matter for what reason a € 31000 loan is taken, the credit rating is very important. Moreover, the loan with 31000 euros can not be taken up by anyone. The salary is crucial, whether the loan is granted or not.
31,000 euros record – realize great wishes
Purchases are made daily. It is not always everyday things that are bought. Sometimes a new car has to be bought or a holiday should make the year more enjoyable. In addition, the credit rating also plays a role in the credit bureau.
A low-income person can not borrow a € 31000 loan without collateral.
This collateral must be present if the income is just above the seizure allowance. If you subtract the monthly installment from the low income, you do not have much left in the month.
If there is an invoice that needs to be settled, it may be difficult to pay for it. Therefore, banks pay particular attention to a regular income, which comes from a permanent job. Should the bank require collateral, a guarantor should always be found. This guarantor must choose the borrower and can be a family member or a friend.
What matters to a guarantor is that he or she has regular work and an income that is high enough to cover the € 31,000 loan. If there is no collateral for a € 31,000 loan, then the credit bureau will be checked in each case. An old loan that has not been redeemed will appear negative in the credit bureau. However, if this is paid, as well as all the bills that are noted there, that is rated by the bank as positive.
The application need not be made to the bank where the checking account exists. Often there are many offers that are much more attractive and can be made at a foreign bank. Here, however, the applicant must expect that the account statements must be submitted. Not all providers do that, but it happens more often. The house bank can see immediately in the computer, as it is ordered to the finances of the applicant. A house bank can not do that, so it needs the bank statements of the last few months.
Borrowing often only with purpose
In the case of a small loan, it is often not necessary for a purpose to be specified. It is different, however, with a loan with 31000 euros.
31000 Euro credit – small monthly installment with long term possible
Here, the banks often want to get a purpose specified. That’s because of the amount of credit.
The higher this turns out, the higher the credit default risk becomes. This is mainly due to the high maturity. No one can guarantee the bank that in five or six years the income is still the same.
Some change jobs or lose their jobs. Therefore, the bank examines how important this loan really is with 31000 euros and if the collateral is sufficient. The purpose is thus often decisive, whether a loan with 31000 € is awarded or not. Banks take a high risk when lending.
They earn the money from the interest when they give out a loan. No bank will want to renounce this money, so that with a high sum, as with a 31000 euro credit, the requirements are higher, than with a 3000 euro credit.
31000 Euro Compare credit – save money
With a loan with 31000 euro a comparison is always important. This is no longer a small loan and there are numerous offers to choose from.
To make the selection easier and not drown in the jungle of supply, a loan calculator can be used. With a € 31000 loan, the term is critical to how expensive the loan actually gets.
With a credit comparison with a term of 84 months, which corresponds to seven years, there are already differences between the individual offerers. At first glance, the difference may not be high, but every euro can be too much.
The Bankcot currently offers a loan with 31000 euros for free use. The interest rate here is currently at 1.95 percent, so the borrower must pay monthly amount of 394 euros.
The Barleycard also has a fairly low interest rate of 1.99 percent on the € 31,000 loan, with the monthly amount varying by only € 1, unlike the Bankcot. The interest rates can vary greatly, so you can see an offer from the Bankate, whose interest rate is already at 6.98.
It may not seem high, but if you compare this offer with that of the Bankcot, the 464 euro difference is quite high. A credit comparison is not always used.
He is important because every euro counts for a loan that is taken up. Especially with a high sum like with a 31000 Euro credit a comparison is very important.