Category Archives: Credit

Make a good credit buy-back: tips and tricks

Credit consolidation is a banking mechanism that makes it possible to reduce your monthly credit charges.

Credit repurchase: plenty of online offers

Credit repurchase: plenty of online offers

The multiplicity of offers online or within specialized organizations does not necessarily make its research simple and it is sometimes useful to specify what are the main principles that should be observed so as not to be mistaken.

There are indeed a number of tips and tricks that it is good to know in order to optimize on the one hand your research and on the other hand the chosen  credit buy-back offer. Let us try to paint a picture here which aims to be general.

Negotiate conditions for loan repurchase

When you request a  grouping of loans, it is to find a single loan, a single monthly payment without changing your financial landscape, that is to say, not to change banks and direct debits. By contacting an organization  specialized in these operations, you opt for a certain number of criteria.

The credit repurchase organization  will indeed analyze your financial situation and offer you an  adapted offer that will best suit your interests. He will thus discuss one or more options which are optimized in terms of credit conditions.

It will allude to the interest rate, whether fixed or adjustable, but also to other elements such as possible prepayment penalties, application fees, cost of insurance or the nature of the guarantee taken on your property in the case of a loan with a mortgage, a pledge or even a mutual guarantee.

The repurchase of credits by banking intermediary

The repurchase of credits by banking intermediary

The bank operations intermediary specializing  in credit repurchase will therefore offer you a substantial range of banking products. He will, for example, offer you support that will allow you to reduce his monthly payments in the short term by means of an attractive revisable rate mathematically generating a monthly payment as low as possible. But he will undoubtedly offer you a product that will allow you to switch to a fixed rate without fees or penalties if you wish in the event of a rise in interest rates. Very effective capping mechanisms exist and you will not be able to discover them without its assistance.

Ask for simulations of the various options available to you, remembering that you are told the fees, the cost of the operation and any adjustments available to you.

These Are the Various Reasons You Must Have a Credit Card

The credit card has become a necessity because using this magic item, you can meet your needs. Almost all types of transactions can be done by credit card. Not to mention the benefits that come with making credit card payments like discounts and other promotions.

There are many pros and cons about: Do I have to have a credit card?

There are many pros and cons about: Do I have to have a credit card?

Well, guys, in this article will discuss the reasons why you should have a credit card. Even if you are a vulnerable credit card user, but if you know and understand how to handle it, you will find it helpful to have a credit card.

Transaction Easier

No one wants money that has long been lost or stolen by others. This is possible if you are still used to carrying large amounts of cash. A thief like this will surely harm you, which is why it’s important to make sure all your money is in a safe place.

Another thing is that if you use a credit card as a payment transaction, you don’t need to worry about the above. Because with a credit card you no longer need to carry cash. With just one card you can make payments anytime and anywhere.

More Flexible

More Flexible

With a credit card, you can easily make transactions anytime and anywhere. Just as you walk around the mall, find a promo of the things you want to buy and only apply for that day, a credit card will be your solution. You can still buy the things you want even when you have no money.

Helps Save Spending

Having a credit card can help you save money. Credit cards often work with shopping places, restaurants, hotels, and much more. The promotions they make are often very beneficial to the user. If you have a credit card, you can enjoy everything on offer, including promotions and discounts that will certainly be far more profitable than making cash payments.

Credit cards for foreigners What are they?

A credit card is a financial product that allows you to obtain an additional line of credit and even allows you to finance purchases and defer payments made with that card.

It is for this reason that practically everyone needs to have a credit card, but can credit cards be requested for foreigners? We tell you everything you need to know.

Credit cards for foreigners What are they?

Credit cards for foreigners What are they?

Online credit cards for foreigners are a convenient way for all people to finance purchases using funds borrowed from the bank. In addition, with a credit card the holder can make instant purchases by phone, in physical stores, and even make online purchases.

Credit cards for foreigners are the same financial product as conventional credit cards, with the only particularity that in this case the holder will be a foreign person residing in Spain.

The cardholder (that is, the borrower) must reimburse the financial entity for what they have purchased, along with interest charges if they have a balance on the card. The balance of a credit card is the amount that the cardholder owes for unpaid purchases.

Let’s say you get a credit card online or through your bank. After one month, you have charged $ 1,000 on your new credit card, so the bank will send you an invoice of all purchases you made within the last “billing cycle” (usually a period of 25-30 days).

Can I request a credit card for foreigners?

Can I request a credit card for foreigners?

Yes, it is possible that you can apply for your credit card online, and there are even several entities that offer various financing methods to foreigners such as mortgages for foreigners, credit cards, loans for foreigners, and others …

Applying for a credit card for foreigners is a completely simple process. You can do it from anywhere, provided you have access to the Internet, since you only have to fill out an online application, wait for approval by the entity and then receive your credit card.

However, before requesting your credit card online we recommend analyzing the various financial institutions. You should take into account some aspects such as credit limit, payment methods, requirements and conditions.

Requirements to request credit cards for foreigners

Requirements to request credit cards for foreigners

✅ You must be 18 years old, that is, be of legal age.

✅ Have a residence card from Spain.

✅ Have fixed and verifiable monthly income.

✅ Do not appear on any delinquency list.

It is important to mention that the limit of your credit card will depend on your monthly income and ability to pay. For example, a person with an indefinite contract and high income will not have the same credit limit as a person requesting a credit card without payroll.

Advantages of credit cards for foreigners


Credit cards for foreigners allow you to make large purchases and pay them in convenient installments. In addition, many online credit cards offer users reward programs, points or others that can be used at the time of purchase to obtain discounts.

They are necessary to make your purchases online, and they can even save you from any emergency. In addition it is also possible to request credit cards for trips and thus have financial support when you are on vacation.

Request your credit card and create your responsible credit profile, with this you will have the possibility of accessing various loans for foreigners with the best rates and incredible benefits.

Maximize Credit Card Profits with These Methods

Using a credit card gives many advantages, you know . Starting from paying bills with 0 percent interest, to giving discounts or cashback in every transaction.

The advantages that are then attracted a lot of people have credit cards. Calculations, these benefits can save expenses.

Although it provides convenience and minimizes expenditure, the fact is that there are still those who fail to use it. In the end, they concluded that this non-cash payment instrument made the financial wasteful.

For those of you who want to have this card, there are several ways you need to know to maximize the benefits of this non-cash payment instrument.

1. Choose the credit card you really like

1. Choose the credit card you really like

One of the considerations in choosing a credit card is that you have to know exactly what you want from this non-cash payment instrument. If confused, you can start from the benefits of what is expected.

Another story if you get a card whose annual fee is USD 200 thousand. Your initial intention to minimize expenses is a failure because of paying annual fees.

2. Apply for a credit card that offers more benefits

2. Apply for a credit card that offers more benefits

The average issuing bank offers a credit card profit that is more or less the same. However, the benefits provided are specifically different.

The point is different here, there are cards that are beneficial for dining . There are also cards that are advantageous if used for traveling .

This is where you have to find out more then choose which jelly card offers several benefits at once.

If you must have two cards for the sake of pursuing these benefits, choose a card that gives a small annual fee.

3. Perform routine transactions every month

3. Perform routine transactions every month

Once you have a credit card, don’t be unemployed. Routine transactions with cards every month make credit history on iDeb get a good score.

Just to note, a good credit score will help you later in applying for a loan to the bank. Because the credit score is a consideration for banks to approve or reject credit application applications.

In addition, card benefits, such as rewards or cashback are very useful to save on routine monthly spending. That is why transactions with a card are recommended for meeting monthly needs.

Let it not be too far, limit transactions to a maximum of 30 percent of your income. Don’t refer to credit card limits. Because it can make you potentially make minimum payments. In the end, because you don’t pay in full, your bill will be subject to interest.

4. Have a benefit when routinely used

4. Have a benefit when routinely used

Regarding point number three, find and get a credit card that gives benefits for routine monthly shopping. Because the routine monthly spending is usually associated with meeting basic needs every month, look for a card that offers these benefits.