bdevinemanagement.com http://www.bdevinemanagement.com My WordPress Blog Fri, 07 Jun 2019 18:31:47 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.2 A Payday Loan For The Population: A Tendency to Increase http://www.bdevinemanagement.com/a-payday-loan-for-the-population-a-tendency-to-increase/ http://www.bdevinemanagement.com/a-payday-loan-for-the-population-a-tendency-to-increase/#respond Fri, 07 Jun 2019 18:31:47 +0000 http://www.bdevinemanagement.com/a-payday-loan-for-the-population-a-tendency-to-increase/ Read More

]]>

A payday loan for the population to become more popular. According to the CBB Bank, 2015 was quite successful for microfinance organizations. A certain increase in the issuance of payday loans was recorded, mainly due to the activity of individuals. The number of loans to legal entities from Payday Loans, on the contrary, decreased. But this did not prevent an increase in the total amount of payday loans issued by 6.5% compared with 2014. According to experts of the financial market, in 2016 we should expect about the same growth and still due to the increased interest in Payday Loans of ordinary citizens.

 

The reasons for the growth of issued payday loans

The reasons for the growth of issued payday loans

Persons consider two important aspects. This is the need of the population for microcredits, that is, small loans for a short time – “before pay”. And a clear refusal of individuals to cooperate with banks and other credit organizations other than Payday Loans, due to the tightening of credit conditions.

Without state support, most likely, the number of loans issued to small and medium businesses will gradually decrease further. And Work with individuals will also increase.

The same growth as in 2015 takes place this year. In addition to the same reasons that influenced last year, the fact that at the end of March a new amendment to the law was introduced, complicating the work and existence of the Payday Loan, should also contribute to this. In short, according to this amendment, microfinance organizations should be divided into two groups: microcredit and microfinance. The first can not attract money from individuals, while how, the second, on the contrary can. This and similar amendments are introduced by the regulator intentionally, for tighter control over the Payday Loan. Accordingly, such actions of the CBB Bank, simply, weed out illegal and gray companies, and the rest will receive greater confidence of citizens, which contributes to the growth of loans issued.

]]>
http://www.bdevinemanagement.com/a-payday-loan-for-the-population-a-tendency-to-increase/feed/ 0
Borrow to pay off debts – Debt Consolidation http://www.bdevinemanagement.com/borrow-to-pay-off-debts-debt-consolidation/ http://www.bdevinemanagement.com/borrow-to-pay-off-debts-debt-consolidation/#respond Fri, 17 May 2019 07:07:50 +0000 http://www.bdevinemanagement.com/borrow-to-pay-off-debts-debt-consolidation/ Read More

]]>

Life is not always easy, and right now, you have to deal with a creditor or a bailiff? The ability to borrow money to pay off debts can give you the opportunity to breathe a bit.

Whatever the size of the accumulated debt, borrowing money to pay the debtor, allows you to spread over a longer period, repayments. Loan money to pay his debts.

Why borrow to pay your debts?

Why borrow to pay your debts?

When a debt file is transmitted to a bailiff, this means that a quick settlement is necessary. If you can not pay the debts incurred, the risks of foreclosure or even termination will suddenly be very real. Borrowing to pay unpaid debts means that you do not have to pay the full amount at once. You create a financial respite by spreading your payments over a longer period.

Take advantage of the loan to pay your debts

Take advantage of the loan to pay your debts

  • You are able to repay unpaid debts and avoid any problems of non-payment.
  • The monthly amount you have to pay back is fixed from the beginning
  • The interest rate is determined in advance

Do you want to know how much you will pay each month for a mortgage? Simulate your loan online.

Borrow money to pay off debts through Personal Credit

Borrow money to pay off debts through Personal Credit

The confrontation with a judicial officer is not only unpleasant, it can also have serious consequences. That’s why Credit-Personnel looks with you, which loan suits your personal situation. Borrowing money to settle your debts and all the extra costs are perfectly accessible thanks to our loan formulas. With our convenient online simulations, you will be able to calculate your monthly repayment amount yourself.

]]>
http://www.bdevinemanagement.com/borrow-to-pay-off-debts-debt-consolidation/feed/ 0
Loans To The Population http://www.bdevinemanagement.com/loans-to-the-population/ http://www.bdevinemanagement.com/loans-to-the-population/#respond Thu, 02 May 2019 17:58:44 +0000 http://www.bdevinemanagement.com/loans-to-the-population/ Read More

]]>

A representative of the IO Finance spoke to the media and promulgated new standards for payday loan and the rules they must follow in order to work in the market and issue loans to the public.

The microcredit organizations must be listed in one of them. A total of 2.3 thousand organizations are registered in the register of the GV Bank. Any payday loan may offer to submit any rules of work for review by an IO Finance. All three IO Finances actively participated in the creation of new basic standards and rules.

 

Impact of the Innovation to the Market

impact of loan

Other experts say that the main changes within companies will be purely organizational in nature. It will be necessary to train the staff, to refine the business process. Due to the fact that in small companies the staff is not large, then it will be easier, faster and cheaper to train them. Based on this opinion, we can conclude that small companies will not rapidly leave the market due to innovations.

The same changes will affect the work on scoring borrowers. New requirements for customers will be added and, consequently, processes for processing customer information will be added. Employees of companies issuing loans to the public will have to deal with methods that they have not operated on before.

 

Loans to the public will become more transparent

Most likely, many companies will change their status after the introduction of new standards. Perhaps, some organizations, nevertheless, will leave the market, not agreeing to accept new duties. IO Finance experts believe that there will not be a massive reduction in the number of payday loan. It is planned that innovations will make loans to the population more transparent, which will attract many investors in this segment of the financial market.

It was decided to limit the number of loans “in one hand”, which should prevent the development of “predatory” lending and provide better protection for the borrower. There will be an increase in checks made, both towards the payday loan themselves, if there are complaints against them, or towards individual employees of the company to check their competencies.

Loans to the public will become more transparent

According to statistics, annually from 10 to 15 thousand claims are sent to the QW Bank in the direction of the payday loan. The same complaints to self-regulating organizations receive almost 5.000.000 each year. An interesting fact is that loans to the population are improving in quality, and at the same time the number of negative calls is growing. Most likely, the fact is that consumers of microloans are beginning to understand that their complaints are really considered and influence the improvement of the situation.

In the title documents are prescribed and measures in case of violation of the new rules. Companies that provide loans to the public can receive an order to eliminate the violation or a fine. The latter is planned to be increased several times so that it can really act on the organization and its directors.

The most serious punishment provided for in the new basic standard is the exclusion of a company from an IO Finance. To do this, the company must commit a very serious violation that infringed the rights of the client or investor. Just do not abuse the minor violations, if they are systematically repeated, it can cause an exception.

In the future, microfinance organizations will have to adopt new rules and standards in order to issue loans to the public. It is planned to introduce rules that describe each stage in issuing a loan, as well as attracting funds from individuals. It will be necessary to disclose information about its activities. As well as to assess the solvency of its customers, according to the new regulations.

]]>
http://www.bdevinemanagement.com/loans-to-the-population/feed/ 0
Can Bankruptcy Help Everyone? http://www.bdevinemanagement.com/can-bankruptcy-help-everyone/ http://www.bdevinemanagement.com/can-bankruptcy-help-everyone/#respond Wed, 01 May 2019 18:07:50 +0000 http://www.bdevinemanagement.com/can-bankruptcy-help-everyone/ Read More

]]>
Last year, almost 30 thousand applications were filed, which were submitted with the aim of starting a bankruptcy procedure in favor of the applicants.

Recall that the bankruptcy law began to work actively since 2015. According to the rules, a citizen who has debts worth more than 500 thousand and has a delay of more than 90 days has the right to declare himself bankrupt. In addition, the bank or the organization that issued the loan or tax authorities can start the procedure. If the amount of the debt is somewhat less, and the sale of the property held by the debtor will not allow to pay off the debts, you can also apply for an application.

 

How is the bankruptcy procedure?

How is the bankruptcy procedure?

After collecting all the necessary documents, you should apply to the arbitration court, where you can file for bankruptcy, before paying the state duty of 300 rubles. Keep in mind that in case of a positive decision, it will be necessary to pay for the services of an arbitration manager, which is estimated at 25 thousand rubles.

Bankruptcy procedure takes a lot of time – from six months to 12 months. During this period, the debtor is appointed arbitration manager, he will be entitled to dispose of all available funds, bank accounts and property. In addition, his duties include tight communication with creditors, he will have to restructure debts, and maybe even make amicable agreements with some creditors.

In some cases, the decision is made to sell off all the property, except that in this case prohibits the law, and transfer the proceeds to creditors. You should be aware that all transactions conducted by the borrower over the past three years can be canceled by law. Therefore, there is no point in trying to change the owner to friends or relatives. In addition, the arbitration manager may press charges against the borrower for deliberately bankrupt or concealing property.

Of course, even if the bankruptcy procedure helps to deal with the financial problems that have come, getting the status entails negative points. Having the status of a bankrupt will not be able to occupy a leadership position, will receive a ban on leaving the country during the entire time that the procedure lasts. In addition, the citizen will be obliged to indicate the early receipt of such status if he needs to take a loan or loan in the future. And his credit history will be ruined forever and it is unlikely that there will be an opportunity to improve it.

]]>
http://www.bdevinemanagement.com/can-bankruptcy-help-everyone/feed/ 0
10,000 Monthly Installment, Or Life For A Loan http://www.bdevinemanagement.com/10000-monthly-installment-or-life-for-a-loan/ http://www.bdevinemanagement.com/10000-monthly-installment-or-life-for-a-loan/#respond Sun, 21 Apr 2019 01:38:45 +0000 http://www.bdevinemanagement.com/10000-monthly-installment-or-life-for-a-loan/ Read More

]]>

Experts cites the sad story of Mr. M, 45-year-old owner of an advertising agency from Pabianice, one of a multitude of people who have been converted. His debts due to several loans reached 350,000, and the monthly installment – 10,000. The situation exceeded him so much that he saw the only rescue in suicide. Every year, there are up to 5.5 thousand in Poland. suicides, more and more for economic reasons.

 

Best accounts – Ranking of bank accounts

It’s worth changing your bank account for better and free. The standard is already access to the account via the Internet, the possibility of earning on high-interest bank deposits and the ability to use the credit line in your account. 100% on-line service – ATMs for PLN 0, account keeping PLN 0, card PLN 0, transfers PLN 0. Set up the best personal account!

 

Cash loans via the Internet

Cash loans via the Internet

Here we have prepared a special offer of cash loans without leaving your home: via the Internet, telephone or SMS. Loans for evidence, without certificates and unnecessary formalities. Fast, convenient and convenient. Compare quick loans online.

 

A quick cash loan for every 24/7

Online loans, online payday loans – this is an excellent solution for people who need cash quickly. Loans without certificates for individual clients and companies with a transfer to the customer’s account in 15 minutes. Just ID card, bank account number.

 

Comparison of cash loans

Comparison of cash loans

Compare cash loans and choose the best, most advantageous cash loan with a low installment. A cash loan will quickly help you patch the hole in your home budget. Check which banks will lend you money under the best conditions and how much will the monthly installment of the loan. Choose the best cash loan and order it online. Fast credit decision! 

 

Comparison of housing loans

Compare housing loans from 25 Banks. Calculate installments, compare offers. Choose the best mortgage for yourself. A mortgage loan with a low margin will allow you to fulfill your dreams of own accommodation.

]]>
http://www.bdevinemanagement.com/10000-monthly-installment-or-life-for-a-loan/feed/ 0