Store or supermarket credit cards are another variant

of the credit card, and in some cases, they can only be used for purchases in their establishments. These cards can work for purchases of durable goods, such as appliances or electronic equipment with promotions or exclusive benefits of that store. In both you can take advantage of promotions for months without interest and other additional benefits; consult and compare which card is the one that best suits your needs.

We recommend that before requesting a card,

 You always review the total annual cost, the interest rate, the commissions, the promotions and other benefits, as well as the other terms and conditions.

They are characterized by being open credits that are not anchored to a specific purpose. This means that when requesting it you should not explain what you will use it for and you can also fragment it into different objectives.

For example, you could use one part for renovations

 and another part for a trip. They are offered by banks, financial institutions and there are even companies that are exclusively dedicated to granting them. You can use them to go on a trip, remodel your house or open an investment account. Basically, for whatever you want, since you are not usually required to declare what you will use the money for.

As a precaution, make sure it is a reputable company and check the stipulations of your contract before signing. As with credit cards, consult, compare and review the total annual cost, annuity, commissions, as well as all the terms and conditions. It also prepares your budget and checks your ability to pay.

Specific credits

Many institutions offer specialized financing, for example, mortgage, educational and automotive, among others. This means that the amount they offer you can only be used for one purpose and you must be able to verify that you used it for that purpose.

The advantage of these credits is precisely their specialization, since the amounts and payment plans are designed according to the objective. Check the different alternatives very well before hiring and calculate the percentage of interest that they will charge you.

Payroll loans

They are very similar to free investment loans, only in this case it is essential that you receive your salary through a payroll account in a bank. Thus, the institution can grant you an amount based on the salary you receive each month and will deduct the payment directly from your account.

Loan for durable consumer goods

The usefulness of this credit is related to the acquisition of goods that have a commercial value and a determined useful life, such as automobiles, computer equipment, household appliances, furniture and equipment. They are granted to complement the lack to acquire them, that is, the borrower must contribute a percentage of the total cost and the bank lends him the rest. These assets can sometimes serve as collateral for the 직장인대출.

There are many types of credits, so do not stay with the doubt and ask, investigate and evaluate everything you need before committing.

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