All posts by Drennen Robert

Payday loan debt management -Online application for debt relief

Online application for debt relief

Have you come to a situation where you have too much debt and you are no longer able to pay your monthly installments? – Then there might be a help to contact by contacting a skilled debt advisor.

A debt counselor is a person who looks through your finances and puts a plan on how to reduce your debt in the best and cheapest way. He gives good advice on how to become completely debt free in the future.

debt Discount

Your debt counselor can in many cases find more ways to quickly and effectively reduce your debt. One method that is most often suggested is quite simple, to get a discount on your current debt, which means that the loans you have taken up are renegotiated and end up with some kind of discount.

Find a debt counselor

It’s not hard to find a Push Button for debt relief who can help you! And it doesn’t cost to contact them and get talk about how they can help you with debts.

Does it cost anything to become debt free?

Yes, it costs something to get advice on debt freedom, but often it is possible for the debt counselor to recognize the costs associated with the debt counseling in the solution he or she presents for you to be debt free in the fastest and cheapest way.

What helps it to become debt free

If we assume that debt liberalization is about less rapid loans of the type that you can apply for online, then getting debt-free means you are again what you call creditworthy, which means you can make serious and long-term loans again.

Being debt free or creditworthy also means that you can take out new small loans for various little things, but remember to make sure you find the best and cheapest loan so you don’t end up in a situation where you can’t pay your monthly installments.

Is It So Stupid To Create New Loans?

One cannot say unequivocally that it is always stupid to create loans, because the right loan at the right time can be the best thing to do if, for example, Make sure you get into an education that later gives you the opportunity to make a lot of money, and thus pay back the loan quickly.

Private credit free loans: not all offers are reputable

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Current statistics show that more and more consumers in Germany are seizing the opportunity to take out a loan without Private credit. It is a loan, which has the property that the award is not dependent on whether the loan seeker has a proper Private credit or not. While the non-fictitious credit is the last option for many consumers to finance, attention should nevertheless be paid to risks and dangers.

Who offers loans without Private credit?

Who has a negative Private credit information and has already asked his house bank, if he could get a loan in the context, which will have received a cancellation in most cases. In Germany, there are very few banks that are willing, in principle or in individual cases, to grant a loan despite a negative Private credit information.

MAXDA without Schufa wife

This raises the question for many stakeholders, who actually forgives Private creditfreie loans and what should be considered. Most of them are so-called credit intermediaries who have contact with banks that lend without Private credit. As a rule, these institutes are located abroad. For loan seekers, it is usually not possible to get in direct contact with the bank, but the entire process is usually through the credit intermediary.

The properties of the loan without Private credit

With regard to the type of loan, a debt-free loan is almost always an installment loan. The customer thus receives a loan amount, which is then repayable in monthly installments. With the loan, of course, an interest rate is agreed, which is however due to the assumed bad credit rating, which results from the negative Private credit entry, usually much higher than normal installment loans German banks. Otherwise, the Private creditfreie credit is awarded even in the negative Private credit information, but the more important is the presence of sufficient income as a credit check.


Beware of dubious offers!

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In no other credit sector, there are so many dubious deals on the market, as is the case with loans without Private credit. The reason is certainly that most consumers who have a negative Private credit entry are under pressure to finance. Since normal banks do not lend in this case, these individuals often have only the non-schaffa credit as a last resort.

In such a situation, many consumers do not pay attention to possible risks and pitfalls that exist with dubious offers. Also on this subject, there have already been various studies, which almost all came to the conclusion that a variety of credit offered on the market without Private credit must be regarded as not reputable.

Identify and avoid dubious offers

On the one hand, there are many dubious offers in the area of ​​loans without Private credit, on the other hand consumers have the opportunity to recognize these loan offers on the basis of a few characteristics. An indication that the loan offered without Private credit is not serious, is that the agency fee is payable before the conclusion of the loan agreement. On such a prepayment consumers should under no circumstances get involved, because for reputable loans without Private credit, it is almost always the case that the intermediary receives his commission only after the conclusion of the loan contract or payment of the loan amount.

Furthermore, attention should be paid to the specified interest rate. For some dubious offers, the trick is that the interest rate is not given per year, but per month. In these cases, for example, then the interest rate “2.5% pm” is listed. This means nothing else than that the customer has to pay 2.5 percent per month (!) And not per year.

Another feature that suggests a non-serious offer is too offensive and, under objective aspects, also dubious advertising with the loan. There are numerous advertisements in newspapers or on the Internet advertising unskimmed loans without income and up to 100,000 euros loan amount. However, no reputable lender will be willing to give tens of thousands of euros to a loan seeker with a negative Private credit and no proof of income.

3 financial traps from everyday life you should avoid


Imagine a situation where you are in a particularly glossy and dizzying shop that offers specific goods that are very difficult to say no. Probably, each of you was even at such a moment and not once in your life. This is perfectly normal considering the commercial world in which we live and the ways of advertising that make us buy more and more things we sometimes do not really need.

These are situations that we must be able to get out of, although there is evidence that a person often makes decisions to purchase a good or service unconsciously. That’s when mistakes happen. Whether you stand in front of a stand with expensive next-generation mobile phones, though you already have it or you choose to have dinner at a restaurant that is too expensive, you are often on the brink of making the wrong purchasing decision.

It is very important that we succeed in building our ability to judge in a real situation what we actually need and what we do not. That would save us from the financial traps of everyday life that are lurking at every step.

What are the typical case scenarios that would make us spend unexpected amounts on things we do not need at the moment

  • Furniture and home decoration that are not needed right now. Anyone could stomp on a beautiful couch or table with the idea of ​​replacing the old ones who actually still do a great job. By being able to judge the situation well, we will certainly take the more logical and less emotional solution;
  • Do not spend money at the pace your friends and the people around you spend. This is a huge trap in which we can get caught up and then we regret sorrow. The most important thing in such a case is to think soberly and to impose budget constraints if needed;
  • Do not overdo it by buying large amounts of food that you do not need. Frequently excessive spending of money on food and beverages in the supermarket can mislead you and knock at unnecessary costs to become a harmful habit.

Sometimes we do not just overtake the quantity, but also the kind of products we choose by making it more expensive without thinking soberly whether we actually need them and whether this cost would not detrimentally affect the weekly or monthly budget.

Such types of emotional costs are often taken under the influence of a certain feeling and are as often unnecessary and erroneous. This does not mean that we do not have to provide goods and services that rejoice and make life more pleasant, but in any case it is appropriate to keep in line with our budget and the real needs we have in everyday life.

This way, we will ensure stability in cost planning and a decent balance that can not break the personal or family bank account.