The arrival of the money in your account is undoubtedly good news. With their help, you will finally be able to realize the dream project or solve the financial problem that prevents you from sleeping at night. So far so good. At the same time, however, taking out a loan is also a serious commitment. The following recommendations guarantee you more peace of mind when it is paid from เงินกู้ด่วน .
Review (again) your budget
We believe you already did this before applying for a consumer loan. However, nothing prevents you from doing it again. If you are not entirely sure whether you will be able to handle the monthly installment, it is a good idea to reconsider your intentions. Regulatory authorities allow you to forego a loan within 14 days so that you do not make a hasty wrong decision, the consequences of which will haunt you for years.
The completely free online tool will help you easily keep track of your budget. And if you received consumer credit from Cleary, you can easily opt-out of it online – in the self-service area of your account. With just one click. And we will cancel your fee.
Check the insurance conditions
Although not compulsory, you probably also got insurance along with your loan. However, this is an extremely lucrative product for the bank (you can read more about it in our article Credit Insurance: Yes or No).
It’s a good idea to know how much you pay, as well as to get a closer look at coverage. If you work freelance, for example, you obviously don’t need unemployment insurance. Also, read the list of diseases that the insurance does not cover. If you suffer from any of them, it is better to refuse insurance and think even if the idea of a consumer loan is reasonable.
At Cleary, we do not sell insurance, but our product includes an option to terminate your liability in the event of death or permanent disability. It is not associated with additional costs. However, if you are on the exclusion list, then we think it is more reasonable not to take consumer credit.
When consolidating consumer loans, check that the old liabilities have been deleted
If the purpose of your loan is to consolidate and repay old liabilities, you must be sure that they are canceled, especially if they are loans from different banks or financial institutions.
When transferring money to cover one of your obligations, be sure to explicitly ask for its early repayment. Contact the bank to check the exact amount due at the moment, and to make sure that the process of early repayment of the loan has started. You may need to sign an additional annex to the contract in order to be able to repay the loan in advance.
Keep in mind that in the coming months, the institution that financed your new consumer loan will check with the Central Credit Registry that your previous loans have been repaid. Failure to do so will adversely affect your chances of obtaining a loan in the future. You can learn more about credit pooling here.
With Cleary, early repayment and closing of a consumer loan can happen online through the self-service area. No excess paperwork and bureaucracy.