An immediate need. A plan or goal for the future. A way to grow and become independent. The reasons for applying for a personal loan cannot be limited to a simple list.
But we can evaluate the moment when you meet the requirements that allow you to take on this product. In this post we give you tips on what is the ideal moment to apply for it.
The first thing is to assess whether you have a steady income stream, either from a salary or from benefits from a business.
| Positive Points | Negative Points |
|---|---|
| No bureaucracy or sending of pay slips | Proof of employment is required for loan release |
| All the privacy and security of your information | To obtain your personal loan, you must confirm your nationality |
This will help you to deal with the installments more calmly. Of course, let's assume that in three months they will give you a raise, in which case you might consider postponing the application until your salary increases, because then you can borrow more money. However, the advice doesn't apply if you need the money immediately.
Next, you should identify your debt capacity, that is, the percentage of your income that you can set aside to pay off the loan. Ideally, it should be less than 20-30%.
If you will use the money to pay off these debts, it is worth the effort, but if it will just increase your liabilities, our recommendation is that you think twice.
Take a few seconds and be honest with yourself. Look at it this way, medical emergencies or repairs to your home after a weather phenomenon are situations that justify applying for a personal loan, but buying the latest refrigerator when yours is working fine may not be a wise decision.
Knowing this information, you can now determine if it is the right time to take out a personal loan. If so, consider the following recommendations: Research the different financial institutions offering the product to determine which one best suits your needs.
Ask for the amount you really need, choose the appropriate term according to your ability to pay, make sure you have all the documentation requested by the bank. Pay your loan on time.
| Benefits | |
|---|---|
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No hidden fees
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No hidden fees for applying for the loan |
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Online Application
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Fully online loan application process |
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Support
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24-hour customer service |
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Security
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Security system in place to prevent scamming |
So, get to know a little more about the Tangerine Personal Loan, one of the most sought after in the country.
Interest Rates
The interest rates of the Tangerine Personal Loan have variable rates, but they are at a maximum of 7.20% per month, remaining competitive in the market.
To find out more, click on the button below and apply for a loan.
I Want My LoanCustomer Service
The Tangerine Personal Loan service is totally online, being one of the most praised of the segment for having service 24 hours a day, 7 days a week.
Free use
The use of the Tangerine Personal Loan is free, and the applicant does not need to inform the purpose at the moment of contracting. This makes it easier for those who need money for some emergency. So if you need money quickly and safely, click on the button below.
I Want My Loan
