Easy Loans: Financial Aid You Understand | Loans Quebec

Image result for easy loansDo you feel that the world of finance is not for you? Are you tired of always consulting the financial experts for whom you are only a source of profit? If so, we understand the disappointment you feel. By talking to the experts for help, you realize that your financial success is of little interest to them. For this reason, Prêts Québec not only has your personal success at heart, but also, it is our mission to simplify the world of finance so that you get the help you need as quickly as possible.

We believe that for our clients to get the help and loans they want, they need to understand the process and work with us.

At Prêts Québec, getting a loan is easy

We have worked hard so you can benefit from a simple application process and fast file processing. Our 3-step service allows our clients to choose the service they need, fill out a form and be associated with the creditor who best suits their needs; all this from their home and in a very short time.

Step 1: Choose the service you need

We pride ourselves in providing our clients with a very wide variety of services. When you complete the application process, you have the choice of:

  • loans
  • mortgages
  • Assistance in case of debts
  • Credit Solutions
  • Entrepreneurial financing
  • Etc.

No matter what your credit history or credit rating looks like, Loans Quebec can help you.

Step 2: Submit your application online

Nobody wants to spend all their time filling out a form in an office of a loan company. That’s why our way of doing things is different. Simple, fast and secure, the application can be made on our website from home and at any time of the day.

Step 3: Be associated with the creditor who is best for you

Once your application is submitted, our system will analyze your file and will associate you with the creditor who will best meet your financial needs. Loans Quebec has a large network of creditors who are always listening to customers.

An excellent alternative to payday loans

Often, in case of emergency, payday loans seem the ideal solution to get by. But dishonest creditors take advantage of the financial problems of others to drag you into a circle of indebtedness. At Prêts Québec, we can offer you a loan repayable in installments. Our interest rates are low, the application is easy and fast. Loans Quebec offers you everything you need to get away and regain your financial health.

The application form

We have been working on our application form for several years in order to improve it and make it as easy as possible. Today, the end result allows you to apply for a loan quickly, in clear language and, most importantly, to have an answer in a short time.

10 Unnecessary money expenses that go unnoticed

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Some tips to save money are obvious, such as not flying first class, eating less times in restaurants, or giving up bad habits like smoking. On other occasions, there are opportunities for savings that are sporadic and do not allow consistent savings month after month as the choice of the cheapest hotels for vacation or the purchase of a used car instead of a new one; They are great tips, but they will not help lower your monthly expenses.

However, sometimes we do not realize that there are savings opportunities in everyday activities. Here is a list of 10 tips to save that you probably did not know:

1.        Do not buy branded productsImage result for expensive bags

Buy generic brands always when it is an option that does not significantly affect the quality of the product. When reviewing labels, in most cases, the ingredients of two products can be identical or almost identical, but have significantly different prices. For example, it is now very common to find generic medicines for patents on branded products that have already expired; They have the same components but they are sold at a lower price.

2.        Messenger Service

Anticipate the need to send and receive letters and packages by courier so that when the time comes you do not have to pay the extra express delivery fee to arrive from one day to the next. The fast service can cost you up to 10 times more compared to normal service.

3.        Pay a mechanic every time something goes wrong with the car

The basic maintenance of the car is something that less and less we have learned; One of the reasons is that we are getting busier and we prefer that someone else does the maintenance work. The money is flying out of your wallet if you take your car to a workshop for every small complication.

Several of the problems with automobiles are simple and do not need a professional mechanic to solve them; even many of the routine maintenance tasks can be performed at home. Research online if you can do the maintenance yourself before going to the mechanic’s workshop.

4.        Go buy food when you are hungryImage result for eating

If you shop at the supermarket every time you are hungry, even just a little, you are more susceptible to buying extra food that you do not need or that you will not eat. This also happens when you go shopping with too much free time and without a predefined shopping list. If you visit the supermarket with a defined list of products, when you have other tasks to do and only a certain amount of time to do them, you are less likely to spend time exploring all the islands and picking up more food than you need.

5.        The purchase of a snack in the store “from time to time”

Image result for in-store purchasesIt is a trap in which it is very easy to fall for the simple fact of not keeping a record of all the small purchases of snacks you make on the fly. All those bottles of soda and bags of chips that you consume when you refill the gas tank or stop at a convenience store make a difference not only in your budget but also in your diet. If you assign a small defined budget to moderate the consumption of snacks you will see that you can save a significant amount per month. You can also buy them by volume in supermarkets at a lower cost. With $ 20 in snacks purchased in volume you can substitute an expense of $ 50 to $ 200 in a corner store or a service station. In turn, to avoid visits to convenience stores, create the habit of carrying plenty of liquids (preferably natural water) and a snack or two with you every time you leave home.

How to save quickly for the first deposit? | Loans Quebec

Image result for save for first depositBetween renting an apartment and buying a house, the house is always a better choice. This is especially true nowadays because interest rates are extremely advantageous. The only disadvantage with acquiring a home is that you have to make a first deposit. Here are some tips to quickly raise the money needed for the first deposit.

Canadian banking laws require that you have at least 20% of the value of the house to make your first deposit. If you do not have that much money, you will have to buy insurance on your mortgage and you will have to make a first deposit of at least 5%.

The average price for a house in Canada is approximately $ 350,000. That means you will need at least $ 17,500 if you want to buy a house. If possible, it is better to have more than the minimum deposit. The bigger your first deposit is, the cheaper your mortgage will be at the end. For example, if you put only 5%, your monthly payments will be very significant. Remember that monthly payments are also added to all costs associated with repairs, renovations, taxes, notary fees and other costs. Finally, the lower your first deposit, the higher the cost of your mortgage insurance.

Save for the first deposit

 <b>Save for the first deposit</b>

When you start thinking about a house, you should also think about saving for the first deposit. A good idea would be to start making automatic payments from your checking account to another account reserved for savings. If you miss $ 1,500 or less you can also apply for a personal loan.

Savings options

Savings accounts with high interest rates are a good option for picking up money. However, it is rare to see the interest rate exceed the 2% threshold. Also, some additional fees may be associated with this account. Another disadvantage is the temptation to withdraw that money for use for other purposes.

Government savings bonds are another way to save money. However, make sure that these vouchers allow you to withdraw your money at any time, because if you find the home you need, you will need money fast.

The ICG also a great way to save money. The only drawback is the impossibility of withdrawing money at any time. However, if you do not plan to buy your home in the very near future, it might be a good idea to save for the first deposit.

The money market is another way of saving. Make sure you can withdraw your money at any time.

RRSP

Image result for rrspIf you are buying a home for the first time, the Canadian government allows you to withdraw up to $ 25,000 from your RRSP under the Home Buyers’ Plan. This $ 25,000 must be repaid within 15 years. When you repay this money, your retirement plan will not be improved because this money could not be invested and therefore did not generate any return.

If you buy for the first time, this program is for you. However, be careful about the amount you withdraw. It is best to save money and use the least amount of money from your RRSP. Save well and you will benefit from lower monthly payments, in addition to paying a little insurance. However, to get there, you must be disciplined and patient, the rest is just a matter of time.