Thinking of asking for a consumer credit ? Before doing so, there are a few things you have to evaluate. We will now see what amount you should request for your consumer credit, and if it is related to your ability to pay, among other things. However, there is no reason to despair: there is a very simple way for you to calculate what amount you should ask for.
First, you need to look at what your total monthly income is . In this case, it’s about your salary, plus any other type of income you receive during that time period. For example, in this case you can add pensions, property leases, and more. However, this is not the total amount you have to consider.
Home expenses
From the first number you have to subtract your fixed expenses: your rent or dividend, the basic services accounts, the payment of the university or college, food, and transportation, among other things. If you have other fixed expenses per month, such as prepaid medicine, you should also include them here.
They also include other types of financial commitments you have. Term purchases enter this category. The corresponding fees must be entered as part of your expenses. Once you finish making this account, the balance will indicate what your payment capacity is to be able to take on a consumer credit .
There is another eventuality that you have to consider to control the amount
The expenses not included. In this case, it is recommended that you have an amount to cover these needs. When you apply for a consumer credit, this is the compatible income that you have to take into account in order to determine if you can pay the monthly fee.
What can you do before requesting a consumer credit ? You can run a simulation to see the amount of the fee and determine how many fees you will pay during the period defined for the credit. To do this simulation, you have to look at the interest rate and the final installment for the same term.
In Best Lenders you can simulate for free and without leaving your home a consumer credit tailored to your needs. What are you waiting for? You will save time and money!