It does not seem to be consumer credit, but it is! Beware of debt

A leased car, a new smartphone linked to the subscription of a telephone operator, a key to connect to the internet, the cost of which is charged in monthly installments on the credit card: even if they may not seem like it, they are all consumer credit modes. Therefore, if for some reason we skip payment of an installment, the consequences are the same as when we skip the installment of any other loan.

To avoid unpleasant surprises when you need to get new credit, it is important to keep under control your creditworthiness and your debt in all its forms.

Accumulating many installments to pay, even if they are small, can be risky and send our finances out of control. The risk is that of over – indebtedness, which in some cases implies the danger of ending up in the hands of usury to try to obtain sufficient money to repay debts already contracted. Recourse to debt consolidation could be a hypothesis, but always carefully evaluated

We therefore evaluate our economic situation before deciding to sign a consumer credit agreement, whatever it is. If we believe that our situation allows us, we compare the offers on the market (analyzing contracts, real costs…) finding the best solution for us. Regularly registering your income and expenses will also allow us to have the situation even more under control.

We can also use dedicated consulting tools to keep our reliability under control and to manage debt, such as Mettinconto 365.

In a word, to live in serenity in the event of recourse to consumer credit: awareness!

What is debt relief?

Na czym polega oddłużanie?

We should take out loans and credits when we know that we will be able to cope with the repayment of such debt. If we do not donate money to the lender, then he may start charging additional interest and penalties. In this situation, we can take advantage of debt relief. What is it about?

We will not pay off loans and credits taken out by us, unless they were guaranteed . We will have to deal with indebtedness ourselves. However, it is not always as easy as it may seem, especially when we fell into a spiral of debt. Then, debt relief companies come to the rescue and promise comprehensive assistance to their clients in exiting their debts.

Currently, there are many companies that provide debt services that direct their services to indebted people. More and more people use their support because our debt is also bigger every year. According to the BIG InfoMonitor report published in 2016, as many as 7% of Poles have outstanding debts, while the average debt amounts to PLN 21,000.

Dehydration – what is it?

Dehydration - what is it?

We should therefore start by indicating what debt is all about. Many people, wrongly, associate them with paying off their debts or canceling them. However, in this case we have another service. Debt relief does not have a form of material help with repayment, but counseling that allows you to cope more easily with debt. Most often, the services are provided by law firms, but also by people without legal training, who, however, have a wide knowledge in this field.

Debt companies approach the matter comprehensively and not only advise, but also negotiate, representing their client in dealing with creditors. They also help in settling matters with bailiffs and debt collection companies more easily.

The lengthening is:

The lengthening is:

• negotiating with creditors

• restructuring of liabilities, for example, spreading them into smaller installments

• consulting in contacts with debt collection companies and bailiffs

• assistance in making further loans

• assistance in formalities in consumer bankruptcy

Unfortunately, we must be aware of the fact that cooperation with a debt company is not a guarantee of the effectiveness of the above activities.

Does debt relief pay off?

Does debt relief pay off?

Of course, debt relief services are not free. We must pay for them. The price depends on the complexity of the case and the scope of assistance offered. We can pay from several dozen zlotys up to even a few thousand zlotys, so we must remember that debt can also cause debts. Fortunately, many debt relief companies allow for spreading the obligation into installments due to the difficult situation of clients.

So, is it worth using the services of debt companies? It is worth reckoning yourself, because it is an additional cost for the activities that we can do yourself. However, when we do not have a head and do not know how to get organized in matters related to loans and credits, debt relief services can be a hit.

5 ways to invest in yourself

The standard of living does not always depend only on the factors of reality around. In practice, how we live is often the result of our efforts to be better, more effective, more productive in our work and our personal and social lives. Man is a social being, and everything around him can influence him in a certain way, of course.

That is why many of us want to achieve things to take them further, to meet them more, to provide them with more financial means to change their lives, to lead a much more meaningful, healthy and peaceful life .

Wishes could be countless, and changing your life depends on one very important thing, and it is to invest in yourself. Now, right away, without any delays and hesitation. Perhaps this is one of the most important investments you will need to make in your life. But what does that mean, and always requires the availability of money.

Of course, finances are not the whole thing to put into our lives and create our own reality, but they are often needed.

How can you invest in yourself in the right way

  • Set your goals. Something to pursue – this is a very important step. You have to keep in mind that when you aim for a certain purpose and avoid the aimless pursuit of life, the likelihood of achieving what you want is much greater. Of course, there are always times when you may not be sure what you want from yourself and your life, but it is good to make some effort and consider your personal priorities.

So any task you put will be much easier to achieve. To do this, of course, you need to be reasonable and expect from your fate and your possibilities attainable things;

  • Invest in your creativity. This means that if you have certain talents, strengths and personal skills, you must necessarily rely on them in your life as they define you as a person and provide you with the opportunity of happiness and work. When you invest time and money in your creativity, you ensure that you develop it to a high level, as it should be.

This is very important because otherwise you may regret that you did not do it when you had the opportunity. That is why in this logic the postponement is completely undesirable;

  • Read educational books. Even if you have long passed school or student years, it does not mean you have to stop being inquisitive, interested in different things, and learning more and more with the help of books and various other readings. Educational specimens will provide you with plenty of information that will not only be interesting but also vital if you want to invest enough in your skills and in what you are;
  • Visit seminars. Meetings with different people from environments of interest are absolutely important. In this way, you will be able to find new ventures, interesting people and professionals in an environment that you could learn a lot about. A good example of this is to say the desire to shoot. In this case, it is a good idea to attend various such seminars and exhibitions where you can get a good experience from experts in this field;
  • Eat healthy. There is hardly any point in convincing someone that there is nothing more important than health. Your health depends directly on how you eat. The products and drinks you use can and should be good enough and tasty to feel good and not to harm your health. It’s hardly as difficult as people often think;

All these conditions should be covered and serve as a short plan and lifestyle if you want to invest in yourself. Since this is a very important step that sometimes requires a massive amount of cash, we at Gandalf are fully aware of the difficulties you can face in your quest to be better and more capable in life.

That’s why we offer opportunities to get a different kind of credit to solve your financial problems and help you in the things you’ve planned for yourself.