The simulation itself is possible if the borrower plans to apply for one of the following loans:
Personal loan work
This credit is ideal for homeowners or tenants who are considering doing work in their homes. The personal loan works may be suitable for renovation, improvement of decoration, the layout of a room, the purchase of new equipment, etc. The borrower can apply for up to 75,000 euros. This amount is immediately paid into his account as soon as the contract is validated. The applicant has the opportunity to spend it for any purpose as he does not need to justify the use of this money. The bottom line is that he will repay the loan according to the agreed time, and this with the expected interest rate. This varies generally between 2.5% and 10% depending on the establishment chosen.
Personal auto loan
Auto credit is suitable for those who want to invest in a new car or opportunity. To be more specific, this loan is perfect for the acquisition of a city car, a sedan, a vehicle without a license, a minivan, a family car, etc. However, many customers request it in order to finance two-wheelers, motorhomes, caravans, quads, etc. In short, the individual who borrows the money has the opportunity to use the money as he sees fit. Logical when one does not need to justify the use of the sum. After simulating a personal loan, you will find that the interest rate, for the same credit, changes according to the bank or credit institution concerned. However, it does not exceed 10%.
Personal leisure loan
This is a credit that does not require any proof of use. The unsupported personal loan is ideal for meeting the expenses of leisure. In practice, this loan can be used to buy a home cinema or high-end computer equipment. It is also an alternative to finance a trip abroad for the holidays. As with the other personal credits mentioned above, the client of the bank that applies for this loan can receive a maximum of 75,000 euros. He must repay the amount he has borrowed on time, according to the period of time stipulated in the contract. This period can be up to 5 years at some institutions. Also, it should not be forgotten that the interested party has the obligation to pay interest, defined in advance by both parties concerned.
Cash personal loan
This type of loan helps individuals realize their projects. It also helps to meet unforeseen expenses in everyday life. Many people opt for this credit to guarantee the organization of an important family celebration such as a wedding, birthday, baptism, etc. Others, for their part, decide to apply for this loan to finance the education of their children. The advantage with this offer is that the interest rate is set upon signing the contract. In other words, unpleasant surprises, including the rise of this famous percentage, are not to be feared. Of course, one must always perform a loan simulation before formalizing the request. The purpose of this maneuver is to make sure you make the right choice.
A simulation by appointment is also possible
To simulate a personal loan, some customers prefer to trust a direct expert. They make an appointment with an advisor from the bank or financial institution in question. This alternative seems perfect to guarantee the veracity of the given information. However, it requires a lot of effort, the person must move to the premises of the provider to discuss with the specialist. In any case, everything depends on everyone’s preferences.