The loans offered are; It is generally examined on two bases. These; the repayment period of the loan and the interest rate applied. Also; There are also loans tailored to the need.
Banks giving credit with a deferral for 3 months
When looking at the loan titles offered as packages, some features may be more prominent.
Deferred loans: These types of loans can be applied to consumer loans or consumer-specific loans (such as vehicle and home loans). This application; is called deferred credit.
Reimbursement does not start in the following month after the loan is received; It offers attractive alternatives such as 3-month deferred credit and 4-month deferred credit.
Deferred Credit Usage Advantages
As with any loan package, the purpose of deferred loan packages is to make the use of loans attractive. In this way;
- If the credit requirement is urgent, it can be used immediately and the refund can be started after the specified time.
- By saving time on reimbursement, budget adjustment can be adjusted more easily and less compellingly.
However, the situation that should not be forgotten; is the interest rate on deferred credit. Therefore, for loans with no deferral loan; it would be useful to compare the maturity, loan amount and interest rates from the beginning. Their current control can now be done easily over the internet.
In banks’ web page or mobile applications; There are credit inquiry fields. Here; it is sufficient to specify the loan amount and the desired repayment term. Current interest rates to be applied are also specified in these sections.
What To Do To Get Deferred Loan?
Deferred loan opportunity can be used by following the loan packages applied by banks. However, when a loan application is made out of the bank’s loan packages; It should also be questioned whether there is an option to postpone credit repayment. If the bank; if it offers the possibility of postponement; this opportunity can be evaluated at the loan application stage.
In accordance with the current terms and conditions, there may be changes in the list of banks that give deferred credit. Therefore, when applying for credit, whether there is a deferral application; It can be learned from bank branches or banks’ websites.
We live in an era in which communities integrate to create greater opportunities. P2P loans or from person to person, are a way to obtain loans or credits with a lower interest rate than banks, from a private person without having to go to a bank or a financial agency. This financial tool also allows you to invest the money that you would normally save in the bank to obtain a much higher than average return.
P2P loans: a new financial concept
The possibility of requesting and obtaining loans from individuals or from one person to another without the intermediation of a financial institution, or a banking agency, is a possibility today thanks to P2P loans or from person to person. Through this credit modality, a private individual lends money to another, who will pay interest on his money and pay him the total amount owed. P2P loans are an option to obtain low cost loans and financing for those who apply for a loan. In turn, it helps generate extra income and greater profitability to those who invest or lend the money.
How do loans between people work?
Through an internet portal, people who wish to acquire a lower rate credit than in a banking agency and those who wish to invest their money to obtain a better return are contacted. When applying for a loan, a computer program analyzes the applicant’s risk and gives a score. The lender or person who wishes to invest evaluates the credit risk and decides whether he will take part of that investment or wait for another lower risk lender. Likewise, the applicant evaluates the credit offers that are granted and will choose the one that best suits their needs.
How to request a loan between individuals?
Requesting a P2P credit or between individuals is very simple, you just have to fill out a form on the website and provide the requested data. At the time your application is completed, it will begin to be analyzed and investors will offer you according to your needs.
What interest do P2P loans have?
The interest rate will depend on your credit history and risk, as well as the amount and term you choose to pay it. However, the interests are generally lower than those of public or private banks. Remember that credit simulators will allow you to obtain this information before applying for your credit.