The Debt Weblog » Loan

House loan apply procedure

Mindstream — Sat, 26 Apr 2008 04:15:18 +0000

House loan is the hardest loan any people can get and also people hardly avoid this kind of loan since it’s the most important one. Everybody needs to have a house and also not everybody can afford to buy a house in cash. The only way that people can be able to have a house is to make the home loan. I’m one of the people who have that loan as well and I will be very happy if I can pay off the entire home loan.

What’s more, I don’t want to make any debt but this is the only one debt that I can’t avoid even I don’t want to have it but it also hard for me to get it as well. In my case, I need to work as an employee at least for a month and also I have to get money in my account as same as the salary amount in the same day in every month as well. It’s very strict, huh? Sometimes, I just want to take the payday loan instead. The complicated process makes me forget about the high rate of interest.

Which country which allows people to make debt very easy?

Mindstream — Sat, 26 Apr 2008 04:14:54 +0000

For me my answer for that question is America. I have found many loan companies from America. I have to tell you, many or a lot. I think I know at least ten and also some other loan companies which I haven’t found out yet. The loan is quite simple and requires only zero documents. If you have the income at least $800 every month and also have an active bank account, you will be able to take a loan. It’s like that, very easy and simple.

For more detail of the payday loan in America, you can find out the deep details from my future blogs soon.

Organizing your Financial Documents

Tax paper is required to make a loan

Mindstream — Sat, 26 Apr 2008 04:14:18 +0000

Tax payment papers are also important if you want to make a loan. You might wonder why it’s important, it’s required only for employees of the company who get cash from the employers. If you are the employee and want to make a loan but you always get cash from your boss, so you will not have the salary slip or the bank statement to show that you have monthy salary to your account from your boss every month.

So the bank or the loan company will need the tax payment papers from you to prove that you really get money from the boss for sure. This rule is required by the country which they don’t set the social security number like in the States. For example: Thailand, all Thai banks or Thai loan companies need the tax payment papers from the borrowers to prove their salary if they got salary in cash.

So if you don’t pay tax, you have to start paying by now if you need to have a right to do a loan.

Find me the loan with such a short approval

Mindstream — Sat, 26 Apr 2008 04:13:52 +0000

I’m just thinking about making a loan and realize that it’s not that easy at all if we need to make a loan with night very high interest. Normally, some bank or loan companies need the statements or salary slips 6 months backward to prove that you really have money comes to your account or your saving. Moreover, if you need a lot of money of loan, they might require you to have some reference things like house paper or land paper which means they can take those things from you in case you can’t pay off the debt.

I have to say if people are desperate with money, the loan with the high interest but approve within a short time might be the only choice they can choose from.

Consider the interest rate of the loan before make a loan

Consider the interest rate of the loan before make a loan

Mindstream — Sat, 01 Mar 2008 09:25:59 +0000

There are many kinds of loans offering for the customers like us these days. For example, payday loan, house loan, car loan, debt consolidation loan, cash advance service, personal loan, secured personal loan and a lot more. But for each loan, they all have different rate of interest. Don’t think that a bit different rate means nothing because every point after digit costs money. It’s little money but if sum them up together at the end of the year, it costs a lot still

For the loan which charge the highest interest rate is payday loan or any loans which can approve you within a day. The faster you get the money approval, the more you have to pay on interest rate. So I warn you to think hard enough before you make a loan. If you don’t need money that urgent, avoid the loan with the high interest rate but better to wait for a little while to get approve but with low rate of interest.