Sometimes, personal finances need a boost that allows us to make ends meet smoothly or continue with our dreams without financial hardship. Personal loans are for that.
The steps to obtain a loan are very simple. Not only because you can order it online, but also because you don’t have to worry about anything else once requested.
Here are the 10 things you must take into account to obtain your bank credit:
WHAT HAPPENS IF AN ERROR OCCURS IN THE COLLECTION OF FEES
If you find out that there was an unauthorized payment in the installments, do not worry because you have three ways to solve it:
- Tell the loan issuing bank about your case through the web.
- Call the issuing bank at their Telephone Banking.
- Visit the issuing bank at any of its Interbank Stores nationwide and file your claim.
Did you pay your bank fee, but it was not registered in the system due to operational un coordination?
Then, the bank will not charge the fee again.
You can feel calm.
YOU CAN REQUEST CREDIT LIFE INSURANCE
Credit life insurance will give you the peace of mind that your loan will be paid off, especially if an unexpected accident occurs.
You can ask your loan issuing bank for the credit life insurance at the time of requesting your loan, you can also get it separately from any insurance company.
In case of not complying with contracting, renewing, or readjusting with the said insurance, the loan issuing bank will take the liberty of contracting it for you and include its cost in the installments of your loan.
Other points that you should keep in mind regarding credit life insurance are its terms and conditions. These must be equal to or higher qualitatively and quantitatively than the insurance offered by the bank, where the insured sum covers, at least, the amount of the bank loan that you have requested. And if the insurance requested is of a joint type, your partner must also order a life policy that has coverage and a similar or greater insured sum.
HAVING A LOAN DOES NOT MEAN BEING TIED HAND AND FOOT
A personal loan is a relief that comes in the most difficult moments of our lives. Even in those where the results are less desired.
If any unforeseen circumstance occurs such as accident or death of the person having the loan, the beneficiaries must contact the bank within three months of the accident, either by visiting its offices or by calling its insurance area. And in addition, they must present the following documents to the issuing bank:
In case of death:
- Certified copies of departure and death certificate.
- Police report, necropsy protocol, toxicological and alcohol analysis, in case of death by accident.
- Copy of DNI of the deceased insured.
In case of total disability:
- A complete and detailed report from the treating physician that supports the patient’s condition and indicates the start date of his situation.
KEEP THE FINANCIAL GUARANTEE INFORMED
It is important that the person who was your guarantor or guarantor is aware of the
current status of your loan. This way you can request a proof of no debt at the
right time and you will not have problems with your credit history.
Once they cancel all your installments, they will have the right to request the
delivery of the signed “security” or a certificate of “cancellation of the
DON’T DELAY YOUR LOAN PAYMENTS
It is important that you avoid being late in paying your fees. Otherwise, in addition to the interest and extra charges that the issuing bank will apply, your credit rating will also deteriorate.
In other words, you will enter the credit bureaus with a negative rating and you will have a history that will affect your future credit applications in the financial system. This is something that issuing bank cannot avoid because it is a part of the Regulations for the evaluation and classification of the debtor and the requirement of Provisions of the State Bank.
YOU CAN MAKE YOUR PAYMENTS ON TIME
You can program your card so that loan issuing bank can collect your fee automatically.
In order to join the automatic debit system, you must submit your request at any of the issuing bank’s Interbank Stores. Make sure that the account to which the collection will be charged is in the same currency as your loan, belongs to you and is not a CTS account, mutual funds or an installment account.
If you want to disenroll from this system, you can do so from the nearest Interbank store of the loan issuing bank.
WHAT HAPPENS IF YOU MAKE AN OVER-PAYMENT
If you make an overpayment of fee by mistake, don’t worry because loan issuing bank will refund it to you.
The loan issuing bank will give you the maximum amount for compensatory interest and arrears that have been agreed for the credit operation. Or, failing that, the legal interest.
You only have to present your request at the nearest Interbank store and that’s it!
YOU CAN CEASE THE CONTRACT WHENEVER YOU WANT
If you want to end your contract, you can do it whenever you want, but you must notify the loan issuing bank in writing. Don’t worry: if you have an outstanding balance, it will not be an impediment.
AT INTERBANK, BANK ALWAYS WANT TO LISTEN TO YOU
Every bank’s main motivation is to always provide you with the best of services.
Therefore, if you have problems with them loan, let them know as soon as possible.
To do this, you can write to loan issuing bank through its virtual Claims Book or in all its Interbank stores nationwide. You can also call the bank.
If you keep these ten points in mind after getting the loan, your personal loan will be the relief you needed to reach your financial goals.