10 things you should buy new ALWAYS to save money

At Clesteron Verdosars we like to save every euro that goes into our pocket. That’s why we usually recommend that you buy in the second-hand market. Almost everything you need is on these platforms at cheaper prices than if you bought it again. But today we talk about things you should buy new , ALWAYS.

There are certain products that we do not recommend you buy second-hand , but new ones. Are these.

Footwear

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For obvious reasons, shoes, boots or sneakers are not the best thing you can buy second-hand . In addition to hygiene, a used footwear will be worn and will have the shape of the foot of its previous owner, so you will not be comfortable with it on.

Kitchenware

Glasses, plates, pans, pots … The kitchen utensils you buy should also be new. In this case the reason is simply hygienic . You do not need to drink, eat or cook in utensils that you do not know who has previously used.

Mattresses

Mattresses

You will spend a large part of your life lying on a mattress, resting and recovering strength. These usually take the form of the person who uses them, so surely the one you buy used does not have a uniform surface. Also, do not forget that mattresses have a life cycle and if you buy it second-hand you risk being in the latter . The same happens with pillows, it is better to buy them new. This is one of those things that you should buy new yes or yes.

Robot vacuum cleaners

Vacuum robots are very fashionable and more and more are sold. The problem with buying a used one is that you do not know how the previous owner has used it . Think of it as a device designed to vacuum dust and dirt of all kinds. However clean it may be on the outside when they sell it to you, you will never know the good or bad use they have given it. This advice is extensible to any type of vacuum cleaner.

Tires

The tire is the only part of the vehicle that is in permanent contact with the ground. For your safety and that of the people who travel with you, it is very important that your state is the right one . A used tire cannot offer you guarantees. Your condition may look like a new one but it may be hardened. This is another one of those things that you should buy new ALWAYS.

Home appliances

If you buy a used appliance at a good price, two things can happen: that it works perfectly, in which case you have a bargain; or that they sold you cat for a hare, in which case you threw the money. You should only buy it used if you are sure that its operation is correct .

Some baby products.

At this point there is a great debate. Is it worth paying dearly for products that the baby will use for a few months or is it better to buy them second-hand? A stroller, a cradle or a high-chair used can be found in an unpolluted state, with little use, or to throw them away, depending on how their owners have taken care of them and how restless the baby has been. If you buy second-hand, be sure to check in person that the structure is in good condition or that the wheels spin correctly .

Jewelry.

Unless you are an expert in jewelry, the likelihood of being scammed and sold to you by a hare is quite high. However reliable the establishment that sells it to you may seem, you may be placing pieces of 18 carats (75% pure gold), and even less, at the price of pure gold, and you will not notice the difference.

Speakers and sound bars

Speakers and sound bars

The speakers and sound bars break down over time. If its previous owner was a music lover and used them at high volume, the most normal thing is that when you buy them they are worn and do not sound with the highest possible quality. Rate if this is an important factor for you before closing the purchase.

These are for us all the things you should buy new. It’s your turn, is there any product you recommend not to buy used ? We would love to know your experience.

Looking for the mortgage loan that suits you? 4 ways to get it easily

Being a homeowner is, for many, the particular fulfillment of a dream, as well as if you don’t believe it, keep in mind that have to be more complicated than performing any other procedure. Since this really is one of the most important purchases you might make, the information is key, therefore knowing as much as you can concerning this tool will be vital to find the credit that suits you.

So , what steps in case you take to get a mortgage that best suits you and do it easily plus quickly?

credit loan

1 . Create accounts 

credit loan

The first step would be to know how much you can spend, that way you will know how many years will be needed to finance the home. The recommended term will be 15 years, if it requires more time, maybe you are looking at a house that is beyond your means.

2 . Compare banking institutions and financiers 

credit loan

Banking institutions are not the only ones that will grant loans, so do the particular financial ones. Ideally, make use of web comparators – the is that of Odette : to have all the options in a single place, and can verify very best interest rate offered by each enterprise, as well as the benefits or various other conditions. Once you evaluate the options, you can see which one suits you greatest.

3. Understand the total cost of credit 

credit loan

Another way to verify the most appropriate choice is to compare the total amount you can pay for the credit. A few entities offer lower rates of interest, but require the getting of insurance or commission rate payments, which, month simply by month, generates a larger quantity.

4. Be certain of the future 

Finally, something that you should keep in your mind to guarantee the success of your home loan is the hiring of particular insurances. Some banks or even financiers offer it inside the credit and it is about insurance policy against natural disasters or even accidents, as well as unemployment insurance plan, which covers your debt in the event you lose your job. For greater reassurance, it is worth analyzing these types of options and see if it is practical to hire them directly with all the bank or look for all of them on your own.

Choosing the ideal mortgage does not have to become a challenge, just inform you to ultimately make a responsible choice.

Bank loans, personal loans and Reunify or refinance debts and loans

The unstoppable rise in job destruction, mortgage payments and the maintenance of high-rate consumption have pushed the ability of many families to meet their financial and economic commitments to the limit. It is estimated that the savings will be only 7.8% of the available family income.

 

Advantages of debt reunification

Advantages of debt reunification

  • A single monthly payment fee.
  • Monthly fee to pay significantly lower.
  • Reduction of interests in comparison with other consumer financial products.
    Alternative valid against an imminent seizure or auction situation.
  • Way to obtain liquidity with long-term amortizations.

 

Disadvantages to take into account before a reunification or grouping of debts.

Disadvantages to take into account before a reunification or grouping of debts.

  • Considerable increase in the term of the new reunified mortgage loan.
  • Greater interest settlement as the credit period increases.
  • The high payment of commissions towards intermediaries or brokers of financial products.
  • Lack of foresight when exhausting a resource that always offers us a good alternative.

 

The need to reunify or group your debts

The need to reunify or group your debts

At present, there are families that, receiving a net income of 1,400 euros, have to pay more than 1,200 euros every month between consumer loans, the letter of the car and the mortgage. An unsustainable situation. The financial formula that we recommend from Albayno Credit Real is the consolidation of debts, a financial instrument that consists of grouping all the loans they have into one, of a mortgage type.

 

But is it really a recommended financial option or is it just a desperate solution to get by?

But is it really a recommended financial option or is it just a desperate solution to get by?

In general, this formula offers a good alternative for families who have exhausted their credit access or have seen their income fall. The drawback is that, although lower interest and fees are paid, the holders will bear the new credit for a longer time.

The main feature of debt consolidation is that, by adopting the mortgage loan genealogy, the new mortgage loan is granted for a longer term and with lower interest than personal loans or consumer loans. The final indebtedness will also be altered upwards, since in addition to canceling the debts, the holder of the loans must pay the expenses of the new operation and will have to be paying for longer. However, monthly payment ends up paying considerably less.

The reunification allows to change personal or consumer loans applied over 9%, or the so-called fast loans to 26%, for a single loan, of mortgage type, at an interest of around 3.50%

Why buy an interest-subsidized loan if it is more expensive?

An interesting phenomenon is unfolding in home loans. In many cases, interest-subsidized loans are more expensive than market offers from the same bank. Should we choose a lower installment or a higher security?

For example, at Katharina Bank you can get a home loan with a starting installment of 51 thousand forints, while under the same conditions you have to pay 55 thousand for a month if you choose the interest-subsidized version. Similar differences may exist in any bank, but what should we decide between the two constructions?

In the case of interest-subsidized loans, there is a lower threshold beyond which there is no State aid. This line, drawn at 6 percent, is a watershed, because if it goes under the market loans, it is no longer worth choosing a subsidized construction. Unless for the security these constructions provide against possible interest rate hikes.

But is it worth paying $ 4,000 a month?

But is it worth paying $ 4,000 a month?

If there is a big interest rate increase, of course, but the National Bank of Hungary does not intend to increase the base rate for one and a half years, which indirectly determines the cost of loans. If we trust them, we will be less willing to pay more to the bank to avoid being so afraid of interest rate increases for 5 years.

Namely, interest-subsidized loans will not be more expensive in the first 5 years even if market interest rates start to rise. Namely, if interest rates were above 6 percent, then there would be state subsidies and we would get away with the extra costs.

The question, then, is whether we believe that interest rates will rise in the first 5 years of the term, which is why it is worth paying a higher installment now.

How do we decide?

How do we decide?

  1. If the bank’s personal offerings are cheaper than interest-rate subsidies, we should clearly choose it.
  2. The longer the term of the loan, the more worthwhile the interest-subsidized construction is, since the principal is slower to decrease and the interest may be higher.
  3. For the same reason, in the case of shorter maturities, we can easily choose market designs with a shorter interest period.
  4. If market credit is significantly cheaper, so choose it, then try to prepare for interest rate increases. Let’s set it aside. The best way to do this is to save a home.

We help you make a choice if you are looking for credit

Surely many of our readers have already been temporarily embarrassed. There are many reasons why we need a bigger sum quickly. If we can’t get a loan from relatives or friends, we have to go to the banks.

However, borrowing requires prudent judgment and it is worth looking at banks’ personal loan offerings, as there may be significant differences between repayments. We’ll show you how BankRation can help you with the search process, and how we can get from interest to credit.

There are many reasons why we need some credit

bank

In such cases, of course, we can also ask relatives, but we may not be able to do so. So all you have to do is apply for a personal loan. Only at which bank and which loan should we borrow? Many people tend to believe in advertising, or think that it is enough to go into a regular bank branch and inquire about personal loans. And the bank clerk can understandably only offer the loan they sell, even if it costs us much more than borrowing at another bank.

The best solution is to choose the loan best suited to your needs from all banks. And with the help of a comparative calculator , we can set the exact amount of credit, maturity, and other important information that we need to help you.

First of all, we need to clarify a few things

First of all, we need to clarify a few things

We often get comments, messages on our Facebook page saying “I am interested”, “Are you lending here?” And similar comments. First of all, you should know that we do not offer one particular personal loan, but show all the offers and those who have to choose from. BankRacation is not a bank, but a bank comparison website. Our intention is to help you make choices by showing the financial products of all banks. From the banks’ offerings, it is up to the interested person to choose the one that best fits their search criteria.

It is also important to clarify that there are times when the bank will not lend.

How to Choose a Personal Loan?

How to Choose a Personal Loan?

Now let’s see how BankRation can help you find the best personal loan. For example, let’s look at a case where we need $ 1 million and choose to repay the loan over a 2-year term.

In our calculator you will find all the personal loan offerings, along with all the important information and fees. We need to write down how much money we need and how long it takes to repay the loan.

Of course, you can leave the calculator as default, but you may not want to see exactly the preset amount or years, so you might want to enter your own values ​​in the fields above. With a longer maturity, the monthly repayment will be lower, but the total repayment amount will be higher than assuming the same loan amount for a shorter maturity.