How Online Loans Work most used financial alternatives

Online loans have become one of the most used financial alternatives in recent years. And it is not surprising if we think about the facilities they offer to customers and the speed of the concession. They are a very important option to consider for both individuals and companies. However, do you know how they work? At Crediting we explain it to you.

Online loans – financial products that are processed through the internet

Online loans - financial products that are processed through the internet

When we talk about online loans we do it to refer to those financial products that are processed through the internet. Private equity companies and lenders are responsible for offering these loans. Today we have at our disposal a large number of credit platforms that offer us money almost immediately and with fewer restrictions than banks. This has allowed the economy to not crumble during the years that banks stopped offering financing. Online loans have often become one of the most demanded outlets for companies that are in full development.

What to bear in mind when applying for loans online

What to bear in mind when applying for loans online

Getting a loan online can be really easy. But doing it with your head and avoiding getting into debt is something more complex. Precisely the ease of obtaining credit leads many users to request more from the account. For this reason we want to offer you some tips so that applying for loans online becomes a real success. Take note.

Show commitment

Just as we need information as soon as possible in order to verify if we will have access to financing, online platforms also need serious clients. In other words, if you are truly interested, you should be committed and help by providing as much information as possible.

Deliver information effectively

Which brings us to the next point. In general, the basic information requested by this type of lender is very easy to obtain.

  • If you are a company, gather all this documentation to be able to present it as soon as possible. In this way we will demonstrate our seriousness and interest in the loan.
  • In the case of individuals, it is usually necessary to present copies of the DNI, the current account and some documents that show that we have stable income. Either the copy of our contract or our income statement if we are self-employed.

Don’t ask for more money than we really need


Before contacting a credit platform, it is convenient to be clear about the amount of money we need and for what. Any self-respecting financial advisor will always advise you not to ask for more than is necessary. Since you will have to return it together with the interest and other possible expenses (such as commissions). That is, you will spend more to get money in advance. Hence, you must assess your real credit needs. Weigh if you can get the money without going to a loan in a short time. And if not, understand what is the total you need.

Find affordable repayment terms

Find affordable repayment terms

Don’t forget that you will have to have enough money each month to be able to pay the payment fees. And to achieve this we must achieve monthly deadlines that we can face without problems. The repayment term will be directly related to the total that we must pay each month.

Remember that the ideal is that your debts never exceed 40% of your net income. Otherwise you will not be able to pay them and you will end up in debt.

Savings Shopping with Credit Card

The presence of minimarket in Indonesia actually provides positive benefits for people to shop. Minimarkets are created to make it easy for you to shop anywhere and anytime. A clean, organized, and complete shopping location for shopping for daily needs and basic needs at affordable prices, practical and close to your location. Besides being comfortable, the convenience store also makes your wallet safe. Because, minimarkets often present a variety of economical promo prices, discounts to prizes directly just by shopping with a certain nominal.


Annual Fee Free

loan Fee Free

The advantage of a special cobranding credit card shopping is that it is designed with the primary purpose of providing greater frugality than when you pay in cash. For example, the Lite Lenders Cobranding Credit Card which has advantages such as free annual fees. Credit cards are generally burdened with an annual fee, the value of which is determined by the issuing bank. He exclaimed, the Lite Lenders Credit Card offers free annual fees the first year, and the following year, only with an average usage of $500,000 per month. For additional credit card users, you will get an annual fee free forever for 1 additional Lite Lenders credit card.


Direct Prizes Every Month

By making regular purchases at Indomaret using the Lite Lenders Credit Card you will be increasingly spoiled with benefits in the form of Indomaret i-coupons. Only by accumulating purchases using the Indomaret BCA Credit Card at an Indomaret outlet of $500,000, you will get an i-coupon that will be sent via SMS to purchase attractive products the following month.


Super Save Promo Every Day


Whatever method you choose to save on, do it the right way. Start learning to save money in a simple way at the convenience store, check and compare prices before and after promos when shopping. Optimize the use of credit cards that offer a variety of discounts, promo shopping for certain products at more affordable prices.

For example, the Lite Lenders Credit Card offers a variety of “Super Economical” promos, additional Three Day discount promos that apply every Friday, Saturday and Sunday, to Tebus Murah shopping, which is shopping for certain products at special prices every day. Shopping is more happy, moreover you can take advantage of an additional discount of at least 5% that applies every day to purchase Indomaret brand products. Saving on Indomaret is even more fun and easy, just use the Lite Lenders Credit Card.


Expenditure Becomes More Controlled

If at this time you have not been able to manage finances properly, and tend to be wasteful when shopping. Reasons for failing to manage finances are often because of mediocre incomes, monthly expenditures that are greater than the value of monthly income, accumulated debt, or large income but are often tempted to spend needs that are desirable but rarely needed. You must change all those reasons slowly. Cultivate awareness to train yourself to manage your personal finances well and maximize the offer of banking products designed to make it easier for you to shop in an economical way that is fun.

This is one of the reasons for the presence of the Lite Lenders Credit Card that will make you practice independently to arrange your own spending expenses, saving benefits from shopping with discounts, promos, and additional discounts every day. You can also take advantage of the installment shopping feature at the convenience store with low interest and set your own shopping limits. You can even do a shopping evaluation from your credit card transaction history every month.


Low-Cost Shopping with a Lite Lenders Credit Card

money loans

Already know what are the benefits of having a Lite Lenders Credit Card? This credit card will provide a number of positive benefits for your finances. Apply a frugal lifestyle in the modern way of having the right credit card, making optimal use of existing offers, and using them wisely. So what are you waiting for? Immediately have this credit card now!