By communicating and doing well, you will avoid unnecessary “over-adds” to your commitments, which you will ultimately have to cope with.
We live in a time when money is essential for the daily satisfaction of our needs. Exchange trades are over. Everyone wants to ensure a standard of living for themselves and their family so that they can be satisfied and enjoy the benefits of the present. If you do not have enough of your own funds and need more money at the same time, for example, to repair or buy a car, or to renovate or other unforeseen expenses, you will borrow. A simple decision that has some important questions that you have to answer right and sober.
If you are not willing to wait until you save, you are prone to borrow more than you really need. You will say, “After all, if I want to borrow, why not take” a little “more and do not travel with a new car for vacation.” In fact, you only need a car. Even if you have to wait a year to save your holiday, you can save it.
It is important to calculate the total current debt and add to it the future installment, whether or not the total debt does not exceed the family budget of income and a reasonable rate. Never “go” to the edge! Also, be sure to take into account whether the income you currently have is prospective.
You have calculated all your monthly expenses and earnings. You assume that you can handle your future installments without any problems. But what if there is a new unpredictable expense? Will you be on installments afterwards? I suggest you have a reserve for such cases. Statistics show that the reserve should be at least half-yearly.
After responding to all the questions and considering your real abilities, you decided to borrow. We offer some recommendations to avoid insolvency. Once approved, it is advisable to choose the method of repayment of the individual installments. The best way to do this is to set up a standing order from an account that is paid to you in the near future after its usual crediting. Of course, remember the due date of the repayment that the creditor has given you. Alternatively, you can ask your employer for a direct deduction from the wage to make sure that you don’t have money before the installment is due.
Keep in mind that someone has lent you to meet your needs. So the money that helped you is not yours and you are obliged to return it.
Despite all the vigilance and caution, if for any reason you cannot pay a monthly installment within the set deadline, you should immediately notify the creditor, that is, the one who gave you the loan.
Best Financial Euro understands the amount of day-to-day duties for which the repayment term can be missed. That is why Best Financial Euro will remind you in advance of its due date in the form of a short SMS. In case of delayed payment, the client will be contacted by phone or short SMS or e-mail and the escaped due date will be reminded. The maturity date of all installments in Best Financial Euro can be viewed at any time by logging in to “My Zone”. If, despite the warning, no arrears are paid, Best Financial Euro will send a reminder on the basis of the signed Framework Agreement. At the same time, a fee is charged in which additional costs incurred by the company through extra communication or administration are covered.
By communicating and doing well, you will avoid unnecessary “over-adds” to your commitments, which you will ultimately have to cope with. That is why it is important for you to have problems with defaults, to communicate with us without delay, as we always try to help our clients and agree with us.