Which way is easier and how to get money with loans ? Depending on the situation of the applicant, it can be a very embarrassing situation, especially if the citizen has problems with financial restrictions, unpaid debts with banking institutions or a name registered in SPC Brazil, FineCheck Experian. So the question remains, is there a formula for facilitating a “personal loan application” to “borrow money”?
When the individual or family financial system collapses with banks and creditor companies, borrowing money from people close to them is still the best way to get money without bureaucracy. Family and friends depending on the level of proximity can be an extremely efficient alternative.
The big problem of personal loans with family members, relatives or friends is the fact of credibility, moreover nobody today likes to expose their financial weaknesses, failure in finances or lack of money because of indiscipline in dealing with income.
Easy loan risks
Are there risks in personal loan to get money borrowed from friends and relatives? There is yes, this is even the biggest fear of who lends money . Although the loan between family members does not have interest rates, charges, fines and all the processes of a conventional loan, many borrowers put the lender into debt situations if the repayment is not made as agreed.
Personal loan complications
When “borrowed money” is not repaid, the worst that can happen is the indisposition between the lender and the borrower, in which case a hostility is almost always generated due to non-compliance. It is worth remembering that the lender many times do not have much money, the resources that have been released just for consideration, are part of monthly budgets or resources saved for some time for emergencies.
Money lent between person and family
Repayment of borrowed money is the most sensitive factor in this type of borrowing money between family members. How to get rid of insolvency or default in this form of credit? Form a contract or simplified term informing the values, deadlines and mainly the signature of the lender confirming the request of the money lent.
Another way is to ask for the signature on a promissory note, in case something goes wrong, just protest the title. With these simple methods, the familiar lender puts a little discipline on the transaction, avoiding at least 50% the chances of not receiving for the money.
Other Ways to Get Easy Money
In Brazil the social loan is not yet a formalized operation, but it is possible with little demand to find ads in online classifieds, websites and companies providing this type of loan, besides the social loan, make the collective loan, including money.
Social and collective loans are viable solutions for those who need loans, the problem is trust, there are many mockers in the network, to get rid of it is necessary to be very careful not to participate in predatory lending schemes, illegal loans or bad loans.
The Peer to Peer Loans
Not that it’s easy but that’s easy. Peer to peer is a form of loan where one person lends money to another without the intermediation of a bank or institution and investors can use their money to profit by borrowing with low interest and stable profitability. In peer-to-peer loans, also called social loans, between people or P2P loans, are one of the highlights of entrepreneurs in the new economy and have changed the way one takes personal and business credit.
Continue accessing the blog, what is not lacking here are relevant information on everything that happens in Brazil related and credit and loans, see also the most comprehensive guide on online personal loan and collaborative loan platforms.