The reasons for needing extra money can be many, from covering some home repair to taking a vacation trip. The truth is that when the savings are not enough, it is necessary to think about how to obtain the financing we need. Fortunately, the options that are handled in Peru are very varied and respond to different profiles.
One of the best known and most widely used alternatives is in personal loans
These types of loans usually have low interest rates and offer different
benefits such as wild card fee, grace period, etc. Each entity has different rates, especially when comparing banks with municipal and financial savings banks.
As a second option, there are online loans offered by different Fintech. These products are usually obtained quickly, as they use other evaluation criteria, allowing even people without credit history to access them. In return, interest rates can be a bit higher.
The option to withdraw cash from the credit card
This alternative is the least recommended, since the rates for having cash are quite high, in addition to some entities may charge more commissions.
Finally, there are also pawn shops, where you can leave some valuable goods such as jewelry or others, in exchange for getting the money you need the options that are handled in Peru are very varied and respond to different profiles that the offer of cards is a lot, so you should do some research to avoid finishing with a plastic that is not suitable for your profile. In addition, you may even have a pre-approved card, so it is another option to consider…
Remember to make sure you look for the option that suits you best, always checking its validity to avoid scams and scams.
If the chosen ones are personal loans, be sure to check the different entities to understand which one has the most friendly rate and best benefits. You can do it using Derek Sertkospos’s personal loan comparator.