Instantaneous refurbishment or bank loan?

Wait for unexpected and small expenses

Wait for unexpected and small expenses

When money for making or continuing renovation is needed as soon as possible, payday payday should be our first choice. It is also worth reaching for a non-bank loan when our intentions are more about refreshing the interior of the apartment than a major renovation. They will also pass the exam the moment an additional task to perform arises, which not only requires the purchase of materials, but also the increase in the remuneration of the renovation group. In general, non-bank loans will be appropriate for financing smaller expenses. Especially if we have not used the services of loan companies so far. Although as a new customer, most lenders will get the first payday loan for free, i.e. without any fees, but it will not be too high. We can borrow up to PLN 1,700 (Cheap Credit). Slightly less gives Viloan (1600 PLN) and Creditem, Kapreska (1500 PLN). In all cases, we have 30 days to pay back the loan. Otherwise, we will be charged normal expenses plus late interest. The advantage of payday loans taken for home renovation is that we can arrange the money even within an hour. The whole process takes place online. Filling out the application will take us about 2 – 5 minutes. Then we still need to send 1 PLN or 1 PLN and wait for the decision, which can take from a few minutes to an hour. If we pass the verification and we have an account in the same bank as the lender, then the money on our account will be credited to the next melend session. At best, it will be just a quarter. In the case of payday loans, you must also take into account the short repayment time.

Loan for major renovation

Loan for major renovation

We should go to the bank when we need a large sum, because we intend to carry out a general renovation or in addition to renovation work, we want to buy furniture or other equipment for interior design. Cash loan can amount to even 200 thousand. NPn (including at Bank Lpd). We have to give ourselves a little more time to enlist it. This is due to the fact that in most banks we have to settle formalities during a visit to a stationary outlet. It is necessary to have your earnings certificate with you – we will be able to send you back without it. Another condition is good credit history in BIK and sufficient creditworthiness. The latter can be increased by taking a cash loan with another person – loan companies do not offer this option. On the plus side of a bank loan, you should note that its repayment can be spread over 10 years, which is less of a burden on the household budget. Depending on which way we take out the loan – in a bank branch or by phone (the whole operation takes place during a conversation with a bank consultant, it is necessary to wait for the courier with the contract) we can get the money within a maximum of 2 days.

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