Service providers do a good deal at many weddings, and couples have to go deep into their pockets before the big day; arranging a wedding for 80-100 people can cost up to 2 million HUF.
In many cases, despite careful planning and a helpful relationship, the couple may slip out of the money for the lags during the organization and ask where else to carve for the cost. In this case, a good personal loan can be a good solution, so that you don’t have to make painful compromises so that no dear friends are left behind.
The Best Affordable Loans – The Calculator Helps You Make a Choice
The advantage of free-standing personal loans is that the amount claimed can be spent on anything, so there is no need to prove anything to the bank. The application process is quicker and simpler compared to mortgages, for example, because there is no need to have real estate collateral and justify regular monthly net income.
With the Personal Loan Calculator, you can sort the current offers of credit institutions so you don’t have to browse the banks individually or look in person at the bank branches.
Banks typically get the most favorable terms if our earnings are above $ 250K / month and if we transfer our earnings to a current account with a selected bank – these parameters can also be set in the calculator.
This is worth paying attention to when applying for a loan
One of the most important factors when comparing the currently available offers is the APR, which is the total APR. Many credit institutions generally focus on low interest rates in their ads, but interest is only part of the APR.
Comparing the APRs gives a more realistic view of the cost of the loan, as it not only includes interest, but also the possible management cost and expresses the annual cost of the loan. The APR is also an important indicator along with APR, so this is something to consider when comparing promotional offers.
Under these conditions you can apply for a personal loan
In order for your bank to accept your loan application without any problems, you will need a fixed job and regular net income, as the more secure you are in repaying the loan, the less risk you have for the bank. The following aspects are taken into account when assessing creditworthiness:
- work at your place of work for at least three months (this condition may vary from bank to bank, where 1 month is required and at least half a year is required elsewhere)
- your payment must reach the minimum income needed to apply for a loan; this is always determined by the respective financial institution
- you can prove your income with an employer certificate
- preferably have a contract of indefinite duration (if your contract is overdue, or your fixed term contract is regularly renewed, this is usually not an obstacle)