Cheaper rate financing – how to find the cheapest loan based on your personal needs
It is usual to read and / or hear advertisements that “promise” financing & financial loans with cheaper rates on the market. In hindsight, the most convenient phrase has entered normal media communication so as not to be considered as misleading advertising or at least so thinks a judge who rejected an appeal by a consumer who complained that he had accepted the provision of a loan because the bank advertised it as the one with the cheapest rate of the moment, except, later, to find out that it was not so … In the present case, the Judge believed that the consumer should interpret the complaint with the “medium diligence of the good family man” . What about a sentence like that … let’s hope it doesn’t happen to that Magistrate: only in this way, perhaps, will he understand what it means to be taken for a ride! Without this premise, that is to promise the provision of loans at cheaper rates does not constitute a deceptive message, we establish a principle: there is no financing or loan at the cheapest rate (in the singular) ever!
In fact, there are many loans and loans at cheaper rates (in the plural) whose convenience, mainly determined by the taeg (but not in certain cases), varies according to your personal needs, it would be to say what is the motivation behind the financing ? What do you need it for? Let’s make a series of hypotheses.
Personal loans with more convenient taegs : in these, the main parameter to rely on is the taeg; bank or financial loans ? in general, the most convenient financing is that of a bank even if some offer by a financial company cannot be excluded; finalized financing : in this case the “taeg zero” counts for very little as it is enough to get around it simply by increasing the price of the financed asset (eg a motorbike, a bimby type robot, etc.) and goodbye to the convenience praised by the seller;
Cheapest loans and loans online
Cheaper car loans: same as the finalized as it will be enough to increase the final cost of the vehicle to reset the benefit of the rate 0; ditto for photovoltaics; convenient loans for young people : in these, precisely because they are aimed at young people and students in general, you must not only look at the taeg but also the contractual conditions of the loan which could provide for heavy repayment methods; convenient loans for retirees : stay away, where possible, from the transfer of one fifth of the pension as it is normally less advantageous than the common personal loan; finally, are those online or cheaper at the bank’s and / or financial headquarters? In general, online ones are preferable as the network gives the possibility to compare several offers at the same time, keeping in mind, however, what we have read above.
Ultimately, what are and who makes the cheapest loans and loans online ? or how to find the cheapest loan according to your personal needs ? So, we are not aware of who does or what is the most convenient financing as this varies from period to period! While, we can indicate how to find it: the most effective way to find the convenience of a loan is to do an online search that usually lasts a few minutes. An alternative system is to read some specialized forums in which users post what from time to time represents the most convenient financial product of the moment. For some other advice on how to get the cheapest possible loan is how to choose a cheaper loan by UtiFin.com