……………………………..

About one week ago, I got personal credit loan offers from a bank. Fortunately to me, because I was in need of funds to extend my house rental fee. So, I agreed to prepare the application forms proposed by the bank.

A personal credit loan can be one of several different types of financing offered by companies lending, such as bank. It can be unsecured cash of up to $ 1000, depending on the lending agency, and can include quick cash, payday loans or grants that around $ 500 to borrowers with repayment on the consumer’s next payday. The individual circumstances of each consumer will depend on the type of financing that should be sought.

General requirements that needed usually includes: a copy of id card, copy of our credit card or monthly paycheck, and a copy of our savings account. After that, we fill the credit application form that includes our personal data, data about employment and income as well as emergency call, the brothers could not be reached in the same house when there is an emergency condition.

After all the requirements submitted by those personal loan marketing, then the verification process of the bank began. Verification usually done by phone. Sometimes there is also a survey team came to review the location, both to the house and also to the office or workplace of a borrower. Then they asked all the things they need to process the personal credit proposal.

For the process is usually about 1 to 2 weeks. And if the data was appropriate and also the calculation of banks generate value “proper to be approved”, then there will be a notification from the bank that our credit application is approved. Here also informed about the amount of approved the bank credit limit, the payment period, loan interest, provisional or early pieces, insurance, payment methods, and others.

There are a few tips that can be considered if you want to submit personal loan and credit to be approved.

1. Compatibility of data in applications written with the “real” condition. However, sometimes the fact that there are not expected by the bank. So, what is “real” here is how we are “conditioned” our situation to be in accordance with the application data that we add before.
2. Financial condition of potential borrowers, the amount of income compared to expenditure of financial history, such as: relationships with other banks, credit at other financial companies, as well as the number of dependents such as wives, children, or relatives who still bear the financing of his life must be so noted. This will affect the credit limit will be approved by the bank.
3. Preparing the data for face verification by phone. Namely: the contact person in the home, office or workplace, and relatives who offered as emergency call. Because only by phone, then try to prepare a copy of the application data in all of three place to be in accordance with the data that has been filled.

And lastly and the most important, after receiving the transfer of personal loan funds, use it wisely. Because remember, it’s not a free inheritance money we spend, but is the money we have borrowed steadily each month until finally got paid.