Showing posts with label loans. Show all posts
Showing posts with label loans. Show all posts

Friday, November 22, 2013

Popular alternatives for a personal loan!

When you are in the urgent need of cash, the easiest option seems to be taking a personal loan. But with the raging interest rates these days, it’s not quite wise to get into the vicious cycle of debt. Banks also tend to look at your entire financial profile before accepting you for eligibility. What if you could have an option apart from personal loan in times of crisis?

Here are some quick fixes as alternatives to personal loans –

Loan against fixed deposits – This is the quickest possible loan because banks lend against their own fixed deposits. The repayments of this type of loan should be done within the fixed deposit tenure. The biggest advantage is there is minimal documentation required and loans are available over 80% of the fixed deposit value. Also, your fixed deposit continues to earn interest even during the tenure of the loan. However, you must discipline yourself to repay the loan every month like an EMI.

Gold loan – Initially started off as a popular source of finance in rural and semi-urban areas, gold loans have off late become extremely popular in metros as well. This type of loan provides immediate liquidity on the basis of one’s jewellery without having to sell it away. Further, there are no processing charges and prepayment fees. The loan amount depends on the purity and weight of the gold that is given. Although this loan does not necessitate previous credit history, banks are going stringent on these after recent RBI regulations. Further, the interest is not cheap and is comparable with personal loans.

Loan against Property – You can borrow against your property and the loan amount is calculated on the basis of value of property and the borrower’s capacity to repay. Refinancing the property is an option if the value of loan is to be increased or the property value has risen over a span of time. Failure in prompt repayment can result in loss of ownership, and hence absolute care must be taken, as a property is usually of higher value than any other form of security.

Loan against shares – Banks lend against the shares of specific companies which you hold. However, not all shares you hold qualify for such loans. Each bank has a different list of approved securities which qualify for such loans. The amount depends upon valuation of security and ability to repay and service the loan. Although you can receive money without liquidating your investments, the amount granted as a proportion of the security offered is much lower compared to other forms of loans. With present volatile stock markets, this may not come cheap as well.


Loans against Life Insurance policies – Loans that are granted on the basis of life insurance deals have lower rates of interest and easy options for repayment. Loan amount is dependent on the value of the policy. It can be repaid anytime during the term of the policy. In the event of an unpaid loan amount, interest will be deducted from the claim. This is a quick loan with minimal documentation.


Loan against Public Provident Fund (PPF) – Loans can be taken on the basis of PPF but with tenure only up to 2 years. If the first loan is repaid, the borrower is entitled for another loan if they are within 3 to 6 years of opening an account. The benefit of this loan is that you can borrow without breaking your PPF and also with minimum documents.

You can take a look at the above mentioned options see which one might suit you best. If you are in urgent need of cash but for a short period of time, you might want to consider these alternatives. Evaluate your need and financial position before deciding on any kind of loan, as these will have direct implications of your financial plan.

Wednesday, October 9, 2013

Get Your Loans Here

All we know that acts of lending money are loans. Technically, it is "a contractual promise of a debtor to repay a sum of money in exchange for the promise of a creditor to give another sum of money." It is true if we look at above explanation. But who will give you such things when you are in economical crisis?

Here I would like to offer a word called “First Amerigo”. Yeah! It is the instant and number one loan consulting institution to offer personal loans in America.

I know that to arrange temporary provision of money is quite difficult for everyone. Naturally, everyone run behind personal loan. The truth is that no one could conceive of about the prospective occurrences. I think “First Amerigo” is one of the best reservoir and solution to repay the disbursements.

Guys if you are looking for the personal loan then there is simple method and procedure to have your needs in your hands from this number one institution. So, go ahead and get your needs at First Amerigo.

Wednesday, February 15, 2012

Bad Credit Loans : Get The Loan You Need

Bad Credit Loans
Loans the term comes into existence in everyone’s mind in a cash emergency. All we know that many of us aiming a loan are desirable to asking family or friends for a loan, which adds friendless pressure to the relationship. Yeah! It happens many times when he/she in emergency to avail some sort of cash to fulfill the requirements. It is true that there are many times when getting a loan is absolutely essential.

In such cases Personal Loans is one of the best solutions to avail cash emergencies. Now there are many online institutions ready to offer you personal loans on easy installments. But remember one thing it should be trustable online assistance. Here I am exploring such trustable online assistance what the world called it as ‘Unsecured Loan Services’.

It also happens many times that one cannot maintain his/her clean credit history and fall under bad credit ratings. But you need not worry about it. Here you have option to get Bad Credit Loans to fulfill your cash emergencies. It thinks it is worth to get fast and easy services to get the loan you need.

Wednesday, October 19, 2011

Personal Loans : Today's Need!

Yeah! It is true that discovering personal loans these days is tough, but for those with bad credit, personal loans are truly a great deal only available under convinced financial situation. I think all you are at right place that will expose fundamental information about loans for bad credit.

First AmerigoI know many of us looking for loans in today's fiscal market which is a severely testing one’s stamina. As the economy seems to be more and more uncertain each day, the general feeling is that only those with the best credit scores can even qualify for a personal loan these days. While it is true that bad credit will cause a roadblock. What to do in such situations? Yeah! Personal loans are still available for you with just three easy steps. So no need to beg at friends or relatives (in fact, by the experience, they never help you out in emergencies). The trick is to find out where to go, who to talk to, and what to look for.

One more point I would like to add here is – you can avail installment loans too. Yeah! The #1 name in personal loans “First Amerigo” covers such a possibility due to a favorable combination of circumstances to accomplish your financial needs.

Yeah! Friends these are the some key facts about the personal loan market today that I have tried to explain how even with bad credit, personal loans are come-at-able at a not excessive rates. I am sure it can even help your financial practicality in the future.

Monday, October 3, 2011

Payday Loans : Apply Today

Yeah! It is true that life has full off uncertainties. No one can judge what happen next. When we talk on the issue of hard cash or monetary funds then I think it is very critical condition to explain. To get rid off such situations and circumstances payday loans comes into existence as a best option.

Payday LoansYeah! Many times it has been seen that payday loans are not worth due to its confidential aspects. But here this is not the case. The thing I am exploring here with is 100% safe and secure. I think this one of the best payday loans I come across here before.

Truly, there is no need to beg at your friends and relatives in emergencies. Because I am sure no one help you out in such circumstances. So, without any hesitation all you must shake your hands with payday loans and relax about the worries. Yeah! All you can check and compare one of the more enchanting factors about payday loan offers for you to get accepted it. So, go for it in emergencies.

Surely, payday loans are now more popular than ever. You can apply online for a payday loan today now.

Monday, August 8, 2011

Loans for People With Bad Credit

First Amerigo
Yeah! All we know that loan is a type of debt. In fact, it is the temporary provision of money (usually at interest) that one can borrow from banks or other institutions. It is the truth that all we are in need of hard cash to fulfill our requirements. But it is also a truth that no one can help us in emergencies. Just leave about our friends. But even they could not help you out in so many cases when matter pertaining to the money.

Many of us experienced earlier that they are in need of personal loans. They run behind such agencies, banks or institutions with trust. But finally they returns with empty hands. Such situation arises only because of an acute insufficiency of monetary funds. What to do in such critical situation? Is it there any way out? Off course! The name FirstAmerigo will help you out from such crucial condition. Yeah! Here is the way what the world called it as loans for people with bad credit. It is not a wonder; just a truth. You would like to have an experience? Just check it out.