The best method for a quiet holiday shopping or even madness will be regular saving for this specific purpose. Regular even means raising funds throughout the year so that you don’t stay empty with your pockets or with your friends’ debts during the upcoming Christmas. It is not appropriate to borrow money from your family to buy a Christmas present later for this loan, which they will receive.
Already at the beginning of the year, after intense Christmas time, New Year’s party, we should specify how much money we will want to spend on gifts for loved ones in a year. If we organize Christmas Eve for the whole family, we must also include food expenses in our calculations.
If we put aside a small amount of money every month, at the end of the year we will receive comfort in the form of specific funds allocated for organizing holidays and buying gifts. These increased expenses will not reduce our current family finances. Of course, the method we are writing about will not work when we start saving right now. But we can use it for the next Christmas.
There are situations in which, even if we try very hard to save money regularly for a specific purpose, unfortunately as a result of random events we have to use the accumulated money
Expensive car repair, a sudden expense for the necessary household appliances such as a washing machine, fridge, etc. – can make our savings fade at a rapid pace. It is difficult to accept the fact that we will not organize dream holidays for the whole family. Fortunately, there are still ways to get out of the difficult situation. Talking about a loan for the holidays.
Online non-bank loan
We can look for money for Christmas presents at companies providing quick loans online. Non-bank loans are a quick way to receive additional funds. They are a very convenient solution because we receive a financial injection into a bank account without leaving the house, and the verification of the client’s application takes relatively quickly. There are companies on the Polish market that can grant loans in 15 minutes.
However, it should be remembered that the easiest way to get a loan is if we can boast of a positive credit history. Online lending companies check our previous financial obligations in the same way as banks, especially how we dealt with their repayment. Most companies send an inquiry to the debtors’ databases such as KRD, BIK, BIG or ERIF, looking for information about our credit history. Have we repaid previous financial obligations? If so, that’s half the success of getting a loan.
An important issue when applying for a loan online
Is also to correctly complete the application. Usually, the lender asks about our personal data, home address and bank account number to which the money will be transferred and the mobile phone number in order to verify the correctness of the declared information. We should always provide only true information, e.g. on the state of our employment and remuneration. Loan companies use internal scoring that assesses our ability to pay back the amount borrowed by the date chosen when applying.