When it is necessary to face a sudden expense it can be very useful to resort to a payday loan direct lender at https://www.purplepayday.loan/. The mistake that is too often made, however, is to go to your bank and to take out the personal loan that is offered to us. The risk, in fact, is to pay too high interest.
In this way, we are going to give money to the bank! How, then, to find the best personal loan even if you do not have a solid paycheck?
The best solution is to exploit the tools that the internet makes available to us. In particular, the search engines for loans, that is the FREE comparison services that allow you to quickly find the most convenient financing of the moment.
Yes, you got it right! You do not have to lose a whole day traveling from one bank to another.
Do you want an example? Here you are. One of the services that we usually recommend is that of Mr. Loan
Just fill in the required fields with your details, and you will be contacted with a free estimate and without obligation. In 95% of the cases, the loan that was proposed to our readers proved to be much cheaper than the market average.
Not bad right? But how much can you save by finding the best online loan?
Let’s try to make 2 accounts.
Let’s assume we need capital of 10 thousand euros to change our old car with a new one or a good used one. Our bank offers us a 5-year loan with a rate of 9%. The installment, in this case, will be around 207 euros.
We take 10 thousand euros and we return 12.455 approximately.
Instead, we hypothesize to do research and find cheaper financing, with an interest rate of around 6%. In this case, the installment will be 193 euros.
This means a difference of 14 euros per month. Of course, a good saving … but let’s try to calculate it over the entire span of the loan. Altogether we will return to the bank or the financial 11,599 euros, or 855 euros less than the first solution.
Here is an example of what it means to find the best online loan, save 855 euros in 5 years, money that you can spend for yourself and your family without giving up anything. And if instead of 10 thousand euros I needed more substantial funding? Obviously, the savings would be even greater.
This is to make you understand how important it is to always find the best loan and not be satisfied with the first solution offered to us by our credit institution!