Whether you need help to cover the expenses of January or have decided to meet one of your goals this year, personal payday loans are an easy, fast and cheap option to get the necessary means to achieve it.
Financing a project, home remodeling and even travel, with a loan, is much cheaper than doing it with your credit card, since they offer you lower interest rates. In addition, there are some interesting options that you can access and that will help you to cancel your loan without problems, delays or drowning with the budget. Then take note of some of them:
Get lower rates when opening an account in the chosen entity
If you have a salary account in the bank or financial to which you are applying for the loan, you not only have more options to get it, but you can also access lower interest rates.
This can also happen if you have a credit card from that entity.
Reduce interest by paying extraordinary fees
If you are looking for keys to pay off your loan in less time, make use of extraordinary fees in July and December, that is, you will pay double fees that month using your bonuses. This directly impacts interest, generating savings.
Regularize your budget with grace periods
If you are looking for a loan, but you know that you will not be able to start paying it immediately, you can make use of grace periods that go up to 60 days. During these days interest will continue to run, so it does not represent savings, it simply allows you to postpone payment. If during the term of the loan you need to access this period and you have not done so before, you can talk to your bank to access a “flexible fee” or “wildcard fee”.
To access all these facilities, be sure to choose the entity that suits you, since they are all different options, with different interest rates and other benefits. Compare them before choosing.