New guidelines for student lending and repayment

Mistake: Keep your head in the student loan after graduation.

Eventual loan consolidation

UKM or commonly known as Small and Medium Enterprises in Indonesia has been proven to be able to absorb workers who need jobs, UKM also helped Indonesia during the crisis experienced a few years ago. Now we can also see various types of capital that are devoted to helping small and medium businesses. The form of capital also varies from investment, working capital or SME loan loans.
For the latter, there are many types of SME loan loans, some of which are based on utility, some are based on collateral. We will discuss further each of the SME loan loans themselves. But before discussing this matter, we first know the classification that has been regulated by Law number 20 of 2008 concerning micro, small and medium enterprises. Of the three, each is also distinguished according to their respective income each year.
The government has also relied on SMEs to continue to make positive contributions and help the national economy. Now we will discuss the types of SME loan loans.
A working capital credit is a loan that can be used as initial capital in a business. Usually these loans have a term of one year and can be extended. Some banks also have many products that can develop this SME business.
This one credit is an SME loan which is more investment-like where it is used when the debtor wants to use the loan to develop his existing business. This investment credit is given to those who have a business for at least more than 1 year. Because, in this investment credit, business actors have a maximum term of up to 5 years and the funds proposed are also quite flexible.
This one credit is a credit that has a condition of having collateral or collateral in the form of assets such as houses, land, vehicles and others. This loan has a fairly low interest payment compared to the others, also has a longer term and a greater nominal. But besides that, the drawbacks in this credit are that the disbursement process takes a long time, because usually the bank conducts surveys and so forth. What is rather difficult on this credit is the guarantee to get the loan.
In this case banks usually need a guarantee of course to ensure that a Borrower can pay off in accordance with the agreement along with the guarantees that he has guaranteed.
Loans without collateral or as you are familiar with the name of this KTA has credit without using collateral meaning that when you apply for a loan you do not need to use collateral. However, don't think that they cannot confiscate your assets even if you don't pledge them. The bank can still do the legal process if you are coming not to repay your loan.
This loan can be used if you have a problem with funds, but it is advisable to apply for a KTA if you do not need capital that is not so large because usually the interest from this KTA is quite high. It's just that in the process of disbursement only a short time. In addition to the relatively high interest rates, the other shortfall is the short term of the nominal loan size.
The paycheck loan can be a great alternative for those who need a credit to settle debts or fulfill a dream.
Today, millions of Brazilians are in a difficult financial situation and access to credit is the way these people find themselves out of it.
There is a payday loan modality for employees of private companies, but many still have doubts about how it works and how to help the employee at that time.
In this article, we are going to give you some tips on how HR can act to facilitate employee access to a loan. Look.
This is a type of credit that can be requested by employees of a specific organization. In fact, it works for retirees, pensioners, civil servants and employees of the private sector, but we will focus on the latter.
Companies enter into an agreement with certain banks and institutions and offer this type of credit to employees.
The installments are deducted from the payroll and passed on to the banks, according to the payment method chosen.
We must remember that the interest rates of this modality are lower than those of traditional loans.
Passing on all relevant information to the employee is a great help.
Many people, in the time of despair, apply for credit without knowing for sure what they are doing and for this reason, it is very important if the HR sector can help.
Take the employee's doubts about the form of payment so that there is no doubt.
Currently, on the internet, there are numerous financial education courses that can be accessed for free. Refer some to employees and encourage them to practice this.
It is extremely important to prevent more debts from arising in the middle of the road.
HR can show employees what are the best options when choosing which institution will provide the loan.
Make an analysis of the amount of installments and interest charged for each of them. After that, show the employee all the results and help him identify which one best fits his situation.
1. Fast credit and no paperwork. It does not require the presentation of numerous documents, just the basics.
2. The fees are fixed and the employee will not have any unpleasant surprises when receiving his payment, after all, the values are informed at the time of hiring.
3. It has the lowest interest rate on the market. It is a great option for those who cannot compromise their monthly income.
4. This modality prevents the consumer from defaulting, as the amount is automatically deducted from his payment.
5. Payments are made on a fixed date and already discounted. Therefore, the customer does not need to be concerned about receiving some form of payment slip or facing a queue to make payment.
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