Archive October 2019

Credit Card Review: Orsbinbank Minima Visa

The fantastic thing about the Orsbinbank Minima Visa card is the fact that it is not only a low interest rate credit card but also offers a low rate as it is also a credit card with balance transfer. You can consolidate your debt with interest of 3.99% during the first six months. This will allow you to reduce your debt significantly.

Plus, if you have an unpaid balance and are nearing the end of the promotional period, you do not need to panic. After the promotional period, the interest rate will not explode upward like other cards on the market. The Visa Minima card at a low interest rate of 11.99%. This is a much more advantageous rate compared to traditional credit cards and credit cards with transfer of solve. This is an excellent opportunity to reduce the debt on your unpaid balance.

However

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you should know that there is a 1% charge for all balance transfers of more than $ 100 during the promotional period. You should also know that this particular credit card requires an annual fee of $ 29. However, the fee is probably worth it if you count the amount you will save in monthly interest. You will also receive a 20% discount on the rental of a vehicle with Avis, a plus!

Review your statements 

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Know how much you owe, how much you pay each month, and when each balance is due. Reviewing your statements is also important to ensure that there are no erroneous charges and that your payments are tracked correctly.

If you finish paying your credit card during the promotional period, you will pay much less interest than on your regular credit card. It is obvious that if you have a debt with a high interest rate and want to reduce it, the Orsbinbank Minima Visa card could be a good choice for you. Pay your bills on time – Now that you know the amount of your monthly payments, make sure you pay them on time. If you can not pay the entire balance, it is very important to make at least the minimum payment for each invoice. Failure to pay your bills on time will negatively affect your credit rating.

Debt and Thought Spending 

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Do I have to go through a broker for a mortgage?

The real estate project always requires to be very attentive in order to obtain the best financing. In this respect, borrowers have the choice: to approach their banker or to call on a mortgage broker to find a solution. It is obvious that a banker presents only his offer while a broker can present many offers of the partner organizations.

Use a broker: what are the benefits?

Use a broker: what are the benefits?

In fact, the broker is an intermediary between banks and borrowers who accompanies them in their choice of a mortgage. You can opt for large networks or for independent brokers. First, the broker helps you build your case by highlighting strengths. It analyzes your financial situation and your needs. Finally, he conducts the search for bank offers that can meet your requirements and sends your file to banks.

This saves you a lot of time when your knowledge and expertise help you get your real estate project up and running as quickly as possible. In addition, the banks rely on the brokers they work with. It is the broker who is often more likely to negotiate rates and conditions and defend your case. Keep in mind that if your borrower profile is complex, the broker can find a suitable solution for you through his network of partners. In this sense, banks are limited to their own offers. Finally, if you use a broker you can save money.

Indeed, the negotiation of the loan and insurance rate can be very interesting even taking into account the fees of your broker. Broker fees may vary from broker to broker. However, be aware that the accompaniment of a broker is cheap.

It is not uncommon for brokers to be paid by banks, which means you can apply for them for free.

It is not uncommon for brokers to be paid by banks, which means you can apply for them for free.

Otherwise, some brokers charge a brokerage fee of 1% to 2% on average of the borrowed capital. Note that the amount of these fees can be equivalent to the file fees usually requested by the banks. Of course, it’s up to you to compare the offers offered by your broker. You do not have to accept their offers and you do not pay any fees before signing a mortgage.