Bad Credit Payday Loan Lenders -Puertasdelnoroeste.Com Wed, 04 Dec 2019 00:29:07 +0000 en-US hourly 1 Credit insurance Wed, 04 Dec 2019 00:29:07 +0000

The next time you apply for a mortgage or a personal loan, you may be asked if you want to buy credit insurance or it may already be included in your loan proposal.

Credit insurance protects the loan in case you can not make your payments. Credit insurance is usually optional, which means that you do not have to buy from the lender.

In fact, the Federal Trade Commission (FTC), the nation’s consumer protection agency, says it is against the law for a lender or lender to deceptively include credit insurance (or other optional products) on your loan without your knowledge or authorization.

There are four main varieties of credit insurance

There are four main varieties of credit insurance

Life insurance over credit (credit life insurance) pays all or part of your loan if you die. Credit disability insurance, also known as health and accident insurance, makes payments on your loan installments if you become sick or injured and can not work.

Involuntary unemployment insurance, also known as involuntary loss insurance, pays your loan fees if you lose your job for reasons unrelated to you and your job performance, such as a layoff or reduction of personal.

The property insurance in credit guarantee (credit property insurance), is one that protects the personal property used to guarantee the loan in the event that the property in guarantee was destroyed for reasons such as theft, accident or natural disaster.

Recommendations to compare and buy

Recommendations to compare and buy

Before deciding on the purchase of a credit insurance offered by a lender, think about your needs, your options and the rates you are going to pay. You can decide that you do not need credit insurance. If you conclude that you do need it, know that credit insurance is an expensive variant of insurance. For example, it may be less expensive and more practical for you to get life insurance instead of credit insurance. Before deciding on the purchase of a credit insurance, you should ask:

  • What is the amount of the premium (premium)?
  • Will the premium be financed as part of the loan? If so, this will increase the amount of your loan and you will have to pay additional interest and a larger sum for points (in case points are applied to your loan).
  • Can you pay it monthly instead of financing the entire premium as part of your loan?
  • How much lower would the monthly payments on your loan be without the credit insurance?
  • Will the insurance cover the total duration of your loan and the entire amount?
  • What are the limits and exclusions for the payment of benefits? That is, detail exactly what is covered and what is not covered.
  • Is there a waiting period before the coverage takes effect?
  • In case you have a co-borrower, what will the co-borrower have and at what cost?
  • Can you cancel the insurance? If so, what type of reimbursement is available?

Before signing any paper related to the loan


Ask the lender if the loan includes any charge for voluntary credit insurance. If you do not want credit insurance, tell the lender. If still, the lender will pressure you to buy the insurance, find another loan entity. Also, carefully review all loan paperwork to make sure it has been prepared correctly.

Loan institutions can not deny you credit if you do not buy an optional credit insurance and if you do not buy it directly from them. If a lender tells you that you will only get the loan if you purchase the optional credit insurance, report it to the state Attorney General, the commissioner or superintendent of insurance of the State in which you reside or to the FTC . Consumers should ask these same questions about the other extra products offered along with a loan, such as buying or automobile clubs, housing or automobile security plans, and debt cancellation products.

What happens if I do not pay my credit card? Sun, 01 Dec 2019 00:16:00 +0000

The efforts made by banks and specialized offices, contracted by banks, to collect credit card debts are often fraught with threats. They assure you that they will sue you, that your assets will be taken away and that they will get you in serious trouble. That’s why we decided to write this article, explaining the myths and truths surrounding this question that many people ask themselves: really, what happens if I don’t pay my credit card?

The first thing I want to recommend is that you continue paying your credit card. Although the high interest rates on credit cards are often far-fetched and even unfair, it is our responsibility to pay it. If you are having trouble paying your credit card debt and want a little help to achieve it, saving a lot of money on interest.

Now, let’s solve the myth. If I don’t pay my credit card, this is what could happen to me:


You will not get rid of the bank

credit problem

The first thing you can be sure of is that you will start receiving many calls from your bank a few days after your first delay. You will be asked to pay even the minimum and they will tell you all the benefits of doing so. As the days of delay pass, the frequency of calls will increase.


You will not get rid of the collection office

credit problem

If more time has passed, generally more than 60 days, the bank will contract a collection office.
The collection office will intensify the efforts to charge you, try to contact you by all possible means and even try to contact your references. As time goes by, the tone of your calls and contacts will become a little more aggressive and threatening.
These collection offices become really hateful.


It will seriously affect your credit history

It will seriously affect your credit history

Not paying your credit card will have a very important negative impact on your Credit Bureau. As the days of delay pass, the negative report will be more serious and will cause more damage to your history.
If the account is sent to collection, it is considered a breakdown to the financial system and will leave a negative mark for many years in your credit history.
This will make it very difficult for you to be a credit subject, at least in several years, so you could not get an auto loan, a mortgage loan or any other financing you might need.


They may be charged from your debit account

They may be charged from your debit account

In many cases, credit card contracts stipulate that the bank has the right to collect your debt by withdrawing funds from your debit account. This would happen in the case where your debit account and credit card are from the same bank.


And if I don’t pay my credit card, could I go to jail?

No, you will not go to jail for a credit card debt. If a collection office threatens you in this way, you can rest assured that it will not happen.


But could they get me?

But could they get me?

Legally there would be means to do so. However, in practice it is very unlikely to happen, since it would require you to be taken to a commercial trial. It is really nothing common for this to happen when it comes to credit card debts.

Now we know the reality. Not paying my credit card will definitely generate a lot of discomfort, stress and will have a very negative impact on my credit history. That is why we must remember that the best option is, and always will be, to pay my debts. This will allow me to live in peace, with others and with myself, and also keep my reputation intact to continue being the subject of financing.

In another of our articles, we share the 4 steps that will help you pay your credit card debt and as of today you will not have to worry about what would happen if you do not pay your credit card.

DEBTS- HOW CAN WE ELIMINATE DEBTS? Fri, 03 May 2019 12:42:41 +0000

Are you paying only the minimum on your debts? Do you have years paying interest without being able to eliminate your debts?

First of all, it is important that we have clear the difference between accounts payable and debts.

Debts are any account that can not be paid in a period less than 3 months or in which only the minimum is paid. Debts are accounts that generate stress. Those personal loans, loans that keep families distressed.

Accounts payable are simply payments that must be made in the short term. A balance of $ 120 on a credit card does not qualify as debt because:

For Donald Trump, a balance on his $ 15,000 credit card is simply a dollar to pay at the end of the month.



According to a study conducted by Fortune magazine to the 400 richest people in the United States where they were asked WHAT IS THE NUMBER ONE FACTOR TO BUILD WEALTH ?, the answer was unanimous, not what the cousin in debt says, nor the overdrawn neighbor, if not the 400 richest people in the United States responded, that the number one factor in building wealth is not having debts.

The reason is very simple, the factor that allows you to build savings so you can invest them later on. However, when this income is destined for financing, how is it saved? How is it invested?

Revenue is the engine of any financial plan but if the key to that engine is the lenders it is impossible for that engine to start.

One of the main factors of this epidemic is that we have been conditioned and accepted debts as something normal, as part of our lives.

As says WARREN BUFFET, the second richest man in the United States, “In my opinion, it is silly and inappropriate to risk what is important, economic stability and peace of mind for a return or extra satisfaction through debt that is relatively less important”

Debts are a game of fools, spend today to have to work tomorrow to pay. It is a proposition in which you will never win because some day you will not be able to work more but the debt will still be there, making you work like a slave. “The borrower buys things he did not have and did not need, risking what he had and what he needed.” To risk what is important for you and your family, your salary, for what is not important, something material that loses value simply does not make sense “. -Warren Buffett



Life is too short to be worried about money and monthly payments. Life has much more to offer than the financial anguish caused by debt. DO NOT LET THEY SELL YOU THE IDEA THAT LIVING IN DEBT IS THE NORTH AMERICAN LIFESTYLE. HAVING DEBTS IS NOT NORMAL.




  • Are you spending more than you earn?
  • Have you lost control of your income and expenses?
  • Are you an impulsive buyer?
  • You are unemployed?

What is the reason for the debts? Remember that debt is not the problem is the symptom, neither banks nor credit card companies are the problem , why are you in debt? is the question.


Focus ONLY on eliminating debt, do not make any financial transaction, initiate any kind of savings, retirement or investment plan before eliminating debts. (This part is very important since many people try to do several things at once, and in the end they do not achieve any.)

3 . ACCEPT COUNCIL ON THE MONEY OF PEOPLE WHO HAVE FINANCIAL SUCCESS, NOT THE BROKEN NEIGHBOR OR THE DEPRIVED, who generally recommend that you finance a car, or build your credit by making you become more and more indebted.

4. CREATE A PLAN OF MONTHLY EXPENSES (what many call a budget)

5. PAY WITH EFFECTIVE OR WITH A PRE-PAID CARD: Why only pay in cash or with a prepaid card? Because we only spend what we have, we avoid confusion.



First of all make a list of all your debts, credit cards, student loan, car loan, lines of credit on your property and any other debt, including the mortgage, in order from lowest to highest balance

In a column write the name of the creditor, in the following write the total amount of the debt, in the following the minimum payments

Then focus on eliminating the debts with the lowest balance first (regardless of the interest, I repeat you regardless of the interest, you must concentrate on the debt with the lowest balance, not the most interest)

Concentrate on paying the maximum in the account with the lowest balance and the minimum in the others

After paying the first, add the payment of the first account to the payment of the second and continue paying the minimum in the others

After paying the second debt, apply the first and second payment that you no longer have to the third debt and continue paying the minimum in the rest

Continue like this until you pay all your bills

KEEP YOUR MINIMUM PAYMENTS FIXED: when I refer to the minimum payment, it is the minimum you had to pay in each account when you started the program. What happens is that the more you pay, the minimum payment will be lower, keep the minimum payment fixed at the same amount as when you started the plan.

If you can not eliminate your debts, not including the mortgage of the house in a period of approximately 36 to 48 months, if you can only afford the minimum payment, if you are about to delay or you are already late, then you should consider the other 3 forms of eliminating debts.

1. Through the interest reduction plan.

2. Through the debt negotiation plan.

3. And as a last resort, bankruptcy.

Business loan, everything about borrowing business money! Tue, 23 Apr 2019 05:46:35 +0000

It can happen that you as a (starting) entrepreneur need extra financing at a given moment. To get extra credit, you can request a business loan from, for example, the Tahobank. However, it is wise to compare business loans with several banks. But how can you take out a good business loan with a low interest rate?

Business loan with the lowest interest rate

Business loan with the lowest interest rate

If you want to borrow money for business quickly, you will automatically look for a business loan with the lowest possible interest rate. Although this makes sense, there is a good chance that you will ultimately have more costs. If you are going to take out a business loan , it is therefore very wise to compare business loans and also to go through the terms of each business loan.

What requirements must you meet to be able to borrow business money?


As an entrepreneur you must be able to meet the requirements set by banks when taking out a business loan . If this is not met then there is a chance that the bank does not want to provide business credit. On the other hand, the bank may offer a business loan but with a much higher interest rate. Although banks are more cautious nowadays and want to take as little risk as possible, it is not impossible as a starting entrepreneur to borrow business money from the bank. To easily qualify for a business credit it is necessary that you:

  • have a clean credit history past
  • are prepared to give your house or business as collateral with a large business loan
  • can prove by proof and facts that you are able to repay the financing

If you can meet these requirements, there is a good chance that the bank will provide you with a loan.

Take out a business loan

loan business loan

When it appears that you can meet the requirements, you can see which business loan is suitable for you. The following is also taken into account here:

  • is it a small start-up company, a medium-sized company or, for example, a very successful company that needs extra financing to be able to grow?
  • the amount of the business loan to be determined determines, among other things, the interest on business loans. This is also the case with a private loan and actually goes without saying
  • the term of the amount to be repaid including interest
  • the repayment period. Repayment is usually possible per month, quarter or even another agreed term. (Also ask if there is a possibility to temporarily ‘stop’ the payment, if needed)


Business credit protection

Business credit protection

If you want to take out a fairly large business loan , it might be wise to see if you can insure yourself if there are ‘difficult times’, so that you don’t get in trouble.

Business borrowing with credit history

Business borrowing with credit history

Nowadays there are lenders where you can borrow business money with a credit history code, but of course at a particularly high interest rate. It is therefore only advisable if you really need the financing and you are sure that you can easily pay it off.

Borrowing money without credit history is not even possible?

Borrowing money without credit history is not even possible?

You may not be able to take out a business loan even without credit history coding, because you simply do not meet the requirements of a bank. Is there no possibility of taking out a loan at all? Yes, even then there are possibilities. Ask at various banks about a ‘Guarantee credit’ and the possibilities thereof. Perhaps you can take out a business loan in this way. Also pay attention to the conditions and whether you are able to repay the borrowed amount including interest within a predetermined period.

Making an Online Loan is Fast and Safe Sun, 24 Mar 2019 10:03:27 +0000 With the promise of being a quick, easy and no-bureaucratic way, online personal loan is catching the attention of many people who urgently need money: just search the internet to find various loan options online.

But all this practicality must go along with security. With care, it is easy to prevent scams and get a reliable loan.

What is online loan?

Financial institution websites offer personal credit services online. And that’s one of the most practical, quick, and convenient ways to get a loan, since you can apply for credit without ever leaving home.

Online loan is fast and secure

The main types of credits offered online are personal loan and credit card, but it is also possible to get other lines of credit like payroll loan , car financing and real estate .

An online loan works the same way as a personal loan: you contact the financial institution that offers credit through the website, fill in your personal information, ask for the amount you need and expect a return from the institution.

If you are in doubt of which loan is best for you check on the IQ360 platform which credit option is best suited for your profile.

The evaluation of the registration and approval is done in an agile and without bureaucracy, being a useful tool for those who need the money urgently. Once the loan is approved, the money is quickly transferred to the applicant’s account.

How does online loan work?

How does online loan work?

Any Brazilian citizen over the age of 18, individual checking account and proof of residence can make the loan process online, from request, sending documents to the approval.

All the loan application is done through the website itself, where it is also possible to make a loan simulation and choose the best form of payment. After sending the data and documents, the bank or financial chosen will do the credit analysis of the consumer before approving or not the online loan application.

For this analysis, some information is used to give a credit note for each person, which indicates the profile of the consumer and the risk of default. Based on this score, the credit will be approved or not, stipulating an interest rate.

One of the credit scores that can be used for evaluation is the Serasa Score, but some institutions formulate their own score or combine several methods.
If you want to look for the best loan option for your profile, check out the IQ 360 Loan Simulator below:

Fast and secure online loan

 Fast and secure online loan

The demand for online loan grows in Brazil mainly because of the speed and ease of service. With access to a computer or even a smartphone, you can apply for loans without leaving your home or facing long lines of bank. However, not all sites are reliable and many apply scams that can profoundly affect your bank account.

To keep your money safe, check out a few tips that will ensure the credibility of the credit institution:

  1. Consult the company’s CNPJ

The CNPJ is a registry that certifies the existence of the company for the Brazilian government, that is, if it is properly regulated. To check the CNPJ, just consult the website of the Federal Revenue.

  1. Check site security certificate

Browsers like Chrome and Firefox provide a security token next to the URL box represented by a padlock. Secure portals also have an SSL seal, a global standard in security technology that appears in the home page footer.

  1. Search for customer reviews that have already used company services

A great quality indicator are complaint sites, such as the Complaint Here, and social networking pages. According to consumer criticism, you will have an idea whether the company in question is reliable or not.

  1. Find out more about the financial institution

Find the maximum information when choosing where to apply for the loan. While there are several serious and secure institutions, there are also those who want to take advantage of the urgency and despair of users.

Unlike traditional banks that require borrowing a bank account to open a current account, which makes the process more time-consuming and not available entirely online, online personal loan options make the money available quickly in the bank’s current account. contractor.

How to make an online loan

 How to make an online loan

Here’s the step-by-step of an online loan:

  • Loan Simulation

On many websites it is possible to find a loan simulation tool. By informing the value, term to pay and purpose of the loan, interest is calculated and one can search for the best options offered.

  • Credit evaluation and document delivery

Once the institution is chosen, it is necessary to register online and send documents for credit analysis. Some sites carry out pre-approval, which consists of answering some questions and finding out what loan amount the institution can offer.

  • Loan and money approval on account

If approved in the credit analysis and all documents are correct, the money is deposited directly into the account of the applicant. Depending on the institution this may take a few days, while others will provide within 24 hours.

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Importance Of Controlling Your Personal Finances Thu, 07 Feb 2019 11:10:17 +0000 The personal financial control brings countless benefits to the life of those who want to adopt this management tool. Not just controlling spending and having more money to spend, gender attitudes also positively reflect a person’s behavior. And, therefore, the importance of controlling your personal finances should be one of the priorities of your life.

The whole process can be done with a few minutes every day, jotting down, analyzing and planning everything that impacts directly in your pocket. To further clarify the relevance of the topic, we have elaborated this article that addresses the importance of controlling your personal finances and the consequent advantages that this financial management tool brings as a whole.

Avoid debts

Avoid debts

There are 63 million people in debt in Brazil, according to data from the Credit Protection Service (SPC). The consequence of this is low purchasing power, inability to get out of the ‘snowball’ of debts and the famous dirty name. Controlling your finances is the way to stay out of debt.

Through financial planning, understanding which are the most urgent debts and paying the debts with the highest interest rates, rescues the possibility of having purchasing power even without earning a penny more for it – only with effective control of finances.

Superfluous expenses are eliminated

Business Financial Control

Even those who are not in debt may have trouble saving a small amount or getting what they want. Personal financial control, in this case, points out the superfluous expenses that can be eliminated, maximizing the available resources.

By putting your routine exits on paper, such as meals away from home, high fuel consumption or clothes that are forgotten in the wardrobe, there is the possibility of seeing what is burdening your resources, allowing you to close the tap of unnecessary spending .

It is possible to realize your dreams

Financial Manager

Stop and think: what is your goal in the short, medium and long term? Do you have what it takes to achieve your dreams? If the answer is ‘no’ to the second question, perhaps control of personal finances is the main way to turn something imaginary into concrete.

Buying a home or a car, traveling with family or friends, investing in retirement thinking, all goals and dreams are most palpable when you understand the importance of controlling your personal finances.

Greater purchasing power

Investment Manager

That’s where personal finances come in: having emergency funds and buying sight products, generating more discount, prevents you from having to borrow. Good planning in this direction can value (and much) the capital you have at your disposal.

Financial control is the first step to investing

Financial control is the first step to investing

The controlled personal finances bring the first step to start investing. With the money left over to pay interest or unnecessary things, you can invest in investments that make your money, literally, work for you.

This is because investing is one of the most compelling ways to learn to have financial control, understand numbers and metrics used by subject matter experts, apply in your life and make a profit – both for your accounts and for your personality through discipline.

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6 Reasons to Get a Personal Loan Sat, 26 Jan 2019 11:18:30 +0000

A personal loan is a type of loan in which the bank lends a fixed amount of money to a natural person who agrees to honor that amount in fixed and monthly installments. These loans are “unsecured” because you do not need to put any collateral (like your home, car, etc.) to get the loan; Instead, lenders use your personal credit and other factors to determine eligibility. The concept is simple and similar to the loan you are accustomed to: the bank lends and you pay that money back. One of the benefits is the greater flexibility in the use of money, since there is no predefined destination as it happens in financing. has more notes

Here are 6 situations where a personal loan can help:

1. Debt consolidation

Here are 6 situations where a personal loan can help:

Having different debts with multiple lenders can be quite difficult to deal with. Each debt will have its own interest rate, monthly payment and due date. For these reasons, among others, people may find themselves lost in their debts, resulting in missed payments, paying more interest over time due to higher interest rates plus more things to worry about. When taking out a personal loan , you can use this money to pay off your various lenders and restrict to only a single monthly payment to be made. Consolidation can save you time and money and is one of the best benefits that a personal loan can offer. If you’re curious to know how much you could be saving, consult one of our consultants.

1. Debt consolidation

2. Pay off credit card debt

Just like debt consolidation, credit card payment can be a great benefit of a personal loan. You may not have many different sources of debt, but having a credit card debt may be a reason to consider hiring a personal loan . Credit cards generally carry high interest rates that you could potentially avoid by exploring the possibility of a personal loan. Taking out a loan to pay off a credit card can be a smart way to save your money.

3. Home Improvement

Thinking of making some improvements in home but have no money available or do not want to mess with their savings? Personal loans can be a perfect solution for a home improvement project. It is not necessary to have equity to give as collateral for a personal loan, and you can simulate it from the comfort of your own home and receive your funds in just one week. Taking out a personal loan to do a makeover in the bathroom, upgrading your kitchen, or adding a pool or spa to your backyard may be a great option.

4. Medical Expenses

4. Medical Expenses

Okay, this is not an ideal scenario: you are sick, you need to undergo a procedure, but realize that you do not have the money available to pay for it. This is a situation where withdrawing a personal loan can be beneficial since you can borrow the amount you need and hire a portion that fits into your budget.

5. Paying Unforeseen Accounts

If you made a purchase bigger than your budget or are trying to figure out how to pay for a new refrigerator, because your suddenly stopped working, or the car repair was more expensive than you imagined, a personal loan may be a good option . Get the money you need and pay the balance in installments that fit your budget

6. Personal Loan for Holidays

We all need a break from time to time, but we know vacations can cost a little more than we would like. A personal loan can be a good way to finance your vacation, so you can pay over time, after all the good times in life do not wait.

There are many reasons to take on a personal loan and these are just a few. The credit history and financial health of each individual will influence the interest rates of a personal loan offered; however, it is possible that these rates may help you deal with the situations described here.


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Learn Why and How to Use a Loan to Expand Your Business Sun, 13 Jan 2019 15:19:07 +0000

How to expand my business? In fact, this is a frequent question in the mind of any manager. If this is your case, know that a business loan can be a smart way out, capable of bringing several benefits to your company in the medium and long term. A critique at

To help you, we’ll see in today’s post in which situations it’s worth borrowing , what advantages that kind of capital offers, and what you should look for to get credit. So keep reading to see how you can invest the money in your business!

When is it worth using a loan in your business?

Every business owner aims to grow his or her own business. However, when this expansion happens in an accelerated way, it is necessary to create efficient strategies to guarantee the maintenance of the good results – which requires capital. This, therefore, is a case in which it is worth evaluating the possibility of acquiring a loan.

How Fintechs are revolutionizing the credit market

 Another situation where a loan is welcome is the high level of debt. Overall, a business credit line may be the best way out to replace your debt with a cheaper one.

Also, if your company’s revenue is increasing, but your profit remains the same, it means something is wrong. In such cases, it’s time to hire a specialist consultant to do an X-ray of your business, to identify where the failure is – and this type of hiring also requires capital. It is precisely here that the use of a loan comes in intelligently.

Finally, we can still cite other reasons for using a business credit line, such as the lack of working capital, the opportunity to open a branch or invest in innovations and marketing to gain space in the market.

How to use this money properly?

The loan, even when for reasons of financial tightening, is a fundamental tool for the company to create an expansion scenario. After all, this credit is what will allow the manager not only to solve their problems, but also to invest strategically in the business so as not to need it again.

See How Not To Fall In Business Loan Scams

You just have to watch out so the solution does not turn into a big headache. After all, if you do not properly plan and study your company’s indebtedness, the financial health of the business can be compromised in the long run. Try to know all the loan modalities available in the market and do not forget to pay attention to the total cost of this operation.

Peer-to-peer , for example, is a way to raise capital with one of the lowest interest rates on the market. This type of loan consists of joining small and medium sized companies with potential investors (individuals) interested in making their capital available. Everything online, secure, and without paperwork!



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