Are you looking for a personal loan either from a bank or non-bank?
The following are conditions for applying for personal loans from banks and non-banks.
In everyday life you will definitely have problems. Both those that are emotional and various other problems that are often faced by humans. These types of obstacles can endanger your life if they are not resolved properly.
If you take the wrong step, your psychological condition will also be disrupted. When there is a need or problem related to finance and at the same time your financial condition is not good, then clearly your problem gets worse.
If you don’t have valuables such as gold to be used as collateral, then inevitably you need a personal bank loan or a non-bank personal loan. Check out the following review!
Now there are unsecured loan service facilities. With this facility, you don’t need to be confused when you run out of money or need money in an emergency.
This facility will give you services to borrow a certain amount of cash without having to include a guarantee in advance. You can also apply for loans in various financial institutions both banks and non-banks.
But there are still people who are afraid if they have to borrow money from the bank. If you are one of these people, then you can consider a place to borrow money other than a bank.
Basically, the way to borrow is the same. You can get a short-term, non-bank personal fund loan and a relatively sufficient amount to meet your distinguishing needs. Usually non-bank financial institutions will provide a loan nominal of around 3 to IDR 5 Rupiah.
Even so, you still need to be able to prepare the requirements requested by the non-bank institution so that what you submit is acceptable and you can also get the loan quickly.
Some documents as a requirement for obtaining cash loans without non-bank collateral are photocopies of ID cards, photocopies of NPWP, photocopies, family cards, work certificates and salary slips. Here we submit some special terms and procedures that you must fulfill in order to be able to apply for Unsecured Credit (KTA) by online, namely:
This one requirement is the first requirement if you want to apply for all forms of loans, both non-bank unsecured loans without a credit card. You are required by an Indonesian citizen as evidenced by your identity card in the form of a National Identity Card.
In addition to the obligation of an Indonesian citizen, you can make loans with a minimum age of 21 years and a maximum limit of 60 years until when your loan repayment occurs. Even so, there may be several financial institutions that still provide relief to prospective borrowers under the age of 21. There is a reason why prospective borrowers must be at least 21 years old, namely because the age is considered mature enough in terms of financial and mindset so that they can understand the terms and conditions that apply in making a loan well.
The income limit will also determine you to apply for this KTA non-bank personal loan. This refers to economic conditions in regions that are quite different. Thus, both banks and non-banks will apply a minimum income equivalent to the Minimum Wage (Regional Minimum Wage) in the local area.
For types of non-bak loans, especially KTA types, the repayment plan is usually not too long, usually around 15 to 30 days. With the nominal amount mentioned above which is around 3 to 5 million Rupiah. The interest charged is also quite large per day, which is 1% per day. So, you must be able to pay interest of 30% if you will loan funds with a period of 30 days. You also have to pay late payment fees if you are late paying a loan of Rp 50,000 for the first day and Rp. 10,000 for the next day.
Considerations Before Borrowing Personal Funds
- Ensure that the non-bank institution already has a business license. Many financial offices are open, but there are some that are not provided with a business permit so that if something bad happens, then you cannot sue the institution.
- If you want to make an online loan like Philip Carey on an online loan, you should know the office directly. Already many websites offer loans, but they can be just fraudsters and don’t have official offices.
- Understand syaarat and the conditions that apply. Many people still underestimate it. But you must read carefully and do not just sign the agreement. Because there could be conditions that don’t benefit you.
- Know exactly how to pay it off. There are several private bank loans that do not apply installments or installments in repayment, instead directly pay in cash between the amount you borrow and plus interest rates.