Good Finance is one of the first choices of those who do research on banks to attract credit. Good Finance creates a road map to its customers in a short time thanks to its loan calculation.
Good Finance is expanding the customer network that it appeals to day by day with its favorable terms of credit facilities and various advantages.
What are the Types of Good Finance Loans?
It provides services to fully meet the needs of individuals with many loan types within Good Finance. Among these, the most widely used loan type is consumer loan. The general purpose loan, which is around 5-10 thousand USD, allows the person to draw a loan that the person can pay thanks to the Good Finance loan calculation system. Also, the housing loan within Good Finance is the first choice of people who want to own a home.
Thanks to this loan type, people like paying rent can own a house. With car loans, up to 70% of zero and second-hand vehicles can be covered by the bank. Regardless of the loan type, Good Finance loan calculation is an important road map for the person before applying, either from the customer representative or from the bank’s internet or mobile branch.
How is Good Finance Credit Calculation Made?
Good Finance loan calculation must be done before applying for a loan. This can be done easily from the internet and mobile branch, as well as through a customer representative at the banks. Good Finance loan calculations can be carried out very easily.
The amount of the installment that comes after entering the loan amount, the number of installments, loan costs and interest rate reveals the monthly payable amount. According to this amount, it is possible to change the number of installments or the amount of the loan to make it more convenient to pay the loan. For this reason, the first thing to do to take a loan is to visit the Good Finance loan calculation tool.
Good Finance Loan Application
Applications to withdraw loans from Good Finance are received from internet, mobile banking and branches. Telephone banking is also another alternative in this regard. First of all, the identity card and the phone number registered in the system must be available. Afterwards, the repayments that will arise from the loan applied through Good Finance loan calculation are determined. If it is approved after notification to the customer, the application is recorded. After a period of 1 hour during working hours, the loan results.
If the loan is not approved, if the reason arises from the loan amount or the disproportionality of the installment and income, a suitable amount and the number of installments can be determined again by using the Good Finance loan calculation tool. Since the loan installments, which correspond to one third of the documentable income, will not be a payment problem, the loan is approved. For this reason, a Good Finance loan calculator should be visited to ensure that the loan is not approved and the credit score does not decrease .
What is Credit Score?
Credit score is a scoring system that documents a person’s bank history. Thanks to this system, all relationships and payment habits that the person has previously experienced with banks are determined. For example, if a credit or credit card was received from a bank and there were problems with its repayments, the bank would then consider the new incoming credit application negative.
However, a person who regularly pays his loans without having any problems with the bank in the repayments of the loan product will get positive results in a short time if his income is at a good level. This is a standard practice for every bank. Good Finance loan calculation is purely preliminary.
Banks may not lend money to someone with a low credit score, even with high documentable income. Therefore, when using the Good Finance loan calculation tool, it should be known in advance that this does not mean that the loan has been approved by the bank.
How to Increase Credit Score?
Credit score is a system that documents individuals’ relations with banks. In this system, the credit scores of people who have a low score, that is, have a bad payment history with banks or do not work with banks on any loan products, are determined as low or zero. Any credit product must be used to increase this score. If there are not enough credit points for the loan product to be used, there is only one alternative solution. For this, shopping should be done on this card by providing a cash-blocked credit card.
The amount of cash attached to the card constitutes the limit amount of the credit card. Shopping can be done up to the limit created. The amount of shopping made is paid before the deadline. A cash-blocked credit card used in this way increases the person’s credit score after a certain period of time. When the credit score required for the loan is obtained, the cash blocked credit card can be canceled and the blocked money can be withdrawn.