Month: November 2019

Get Money Today without Borrowing

by Raymond Goforth

Earn money in 1 hour

If you want to earn money within such a short period of time, there are only a few ways you can do that. Websites where you can earn some money online often give you a starting bonus even when you sign up.

So do you have your first euros in before you start? And these are easy ways of earning even without any risk. After that you still earn $ 500 per month... not wrong.

Fill in surveys

Fill in surveys

This is in fact the best additional income you will find on the internet. Gives the most, goes faster than the other 2 options below and is actually often fun too. You participate in surveys, questionnaires and surveys of companies about their products and advertisements.

Sometimes you can even test products or evaluate commercials that still have to be on TV (or not if you break them off). Pretty cool right? It is also useful that you are always informed for each study how long it takes to participate and what the reward is.

Make sure, however, that you register yourself with the 10 best paid survey sites , because the rest is a lot less good and may actually be a waste of your time.

Savings programs

Savings programs

The funny thing about this method is that it is so ridiculously simple. You will receive money for things like reading emails, clicking on links & banners and giving likes on social media such as Facebook through these sites.

Here too we have drawn up a top 10 best savings programs for you. Certainly if you participate in several of these so-called get-paid-to sites you will still be able to click together a reasonable amount with all those clicks!

Cashback sites

Cashback sites

Through these types of sites you can get free money back on your purchases at all kinds of web shops. And not a few, no more than 2000 web stores in the Netherlands including all the big guests.

That cashback can even go up to 15%, but is often a bit lower though (2 to 3%). But you always get this, so also on top of discounts on promotions and current offers. And you don't have to do anything except go to the webshop via a link from the cashback site, so little effort for free money.

You can read why you can get this, how it works exactly and what the best cashback sites are in the Netherlands on our page about earning cashback. Technically, you can also say that saving with cashback is a good thing.

Foreign currency loans – Together-PM: Regan admits no action until spring

by Raymond Goforth

According to Együtt-PM, Anjo Regan, leader of the Fidesz faction in the Magyar Nemzet on Wednesday, not only admitted that Fidesz-KDNP is no longer sure of converting foreign currency debtors into forint, but the article believes the government will nothing in the matter.

Clemente Rupa, the economic politician of the Alliance PM, said in a statement sent to the MTI that the cabinet continues to postpone and do nothing, and is still unwilling or unable to solve the social crisis caused by the collapse of retail currency lending.

The union's economic politician has stated that Together-PM insists on the need to convert foreign currency loans at market rates. This will only be possible if the government and the central bank change their policies so far, and the forint exchange rate reaches a more stable level than at present, he continues.
Clemente Rupa also said it was unacceptable to "reward the more affluent once well-off with early repayment," which is why Együtt-PM continues to insist that regulations do not apply to loans that have already been repaid.
They summarize their view that the social crisis resulting from the collapse of retail foreign currency lending can only be tackled by a "three-legged" solution, in which the state, banks and the general public must be involved. In addition to the financial solution, there is a need for targeted social policy measures that provide real help in the housing crisis, which the government says.

 

The government will submit the bill

foreign currency loan

Anjo Regan stated to the Hungarian Nation that the government will submit the bill to the Parliament on Friday, following the decision of the factional meeting, the hearing will begin on 16 and the members will vote on it on 24.
The leader of the Fidesz faction said in an interview published in the newspaper Wednesday that the task of the legislature is to create a law that sets out how much debtors will repay, how they will be paid to them, and what will happen to these loans in the future.

“I consider it important to look at the possibility of returning to the original interest rate. We also need to decide whether to put in place a moratorium on interest rate increases while we work out the rules for a fair banking and credit system, ”the group leader said.

 

Not only live-denominated foreign currency borrowers

foreign currency loan

This will be able to recoup the amount they consider unfair, due to unilateral increases in interest rates and exchange rate margins, but also those who have previously paid off their loans without a discount. For the former, the bank credits the return as a reduction in capital, the latter receiving the cash in cash. Those who have been made redundant and have been unfairly sued, according to today's position, have to sue individually, he added.

The credit card can be used for loans – How to use your credit

by Raymond Goforth

If you need to borrow quickly to cover an unexpectedly expensive car repair or something more urgent, you have several options. The alternative most people probably get in the head is to apply for a loan in the form of a high-cost credit as a fast loan. Which option feels most appropriate is usually determined by the size of the amount that needs to be borrowed. A unsecured loan, a private loan, can be an option if you need up to USD 100.00. However, there is one additional option, and that is to avail the credit on a credit card.

Cheaper than a loan

Cheaper than a loan

If you have a credit card with a credit line, you can withdraw from any ATM in the same way that you withdraw money with a credit card directly linked to your account.

The costs incurred for your loan / withdrawal need not be more than one withdrawal fee (see below). However, for the sake of this, we should also count on the annual fee you pay for the credit card. Of course, you should also be clear that your withdrawal will be repaid sooner or later. How long interest-free credit you have is determined by what card you have, but normally the interest-free period is at least 45 days.

Note that you cannot use this “method” to borrow if you have a pure credit card, ie a card where you have to pay your entire debt according to invoice and cannot split the payment.

Compare withdrawal fees

Compare withdrawal fees

If you already have a credit card, you will have to deal with the terms that apply to it when you make a withdrawal. If you do not have a credit card, and are considering purchasing it - perhaps specifically to be able to make “loans” in the form of withdrawals - it may be an idea to compare cards with regard to withdrawal fees. There are quite large differences between different cards.

If you choose a major bank, you will have to pay at least an amount in the order of USD 35-40 per withdrawal. At BES, for example, you pay USD 35 if you have a MasterCard and 3% (at least USD 40) of the amount withdrawn if you have a USDcard. For  MasterCard, a fee of 2% of the withdrawal applies (at least USD 40). If you choose one of the niche banks instead, you may not have to pay anything at all. 

Compare interest rates

Compare interest rates

Of course, there are more things to compare when choosing a credit card. The annual fee is a factor, but the interest rate is probably all the more important. If you need to take advantage of the possibility of credit for a longer period than the interest-free period, a relatively high annual interest rate runs on the amount. At the time of writing, the difference between the cheapest and the most expensive card is almost 10%. The major banks are at the top, while a couple of niche banks that act as credit market companies offer the least favorable interest rates.