Quite on credit, financing and debts
The financial market is a market very complicated to understand due to the quantity of elements and hardware that surround it, but there is something that we must always have in skylight, three are the elements that always go of the hand: credit, financing and debts. These three elements always go of the hand because each one is a consequence of the previous one, and although there exist professionals who devote themselves to handle them, we are we who we have the responsibility of giving them a use precisely responsibly, often the same ones us go away of the hands, being able to cause many problems in the personal financial and economic area. To explain in a clearer way, we must say that a credit serves the financing of some product or service, which if the most probable thing is not planned carefully is that we end full of debts. Exactly, to manage to use the credit and the financing avoiding debts, the principal key is the planning. It is important that whenever it goes to an entity he was financing in search of a credit for the financing of some product, realizes a refunding planning for the above mentioned credit, obviously bearing in mind all the characteristics of the same one.  In this sense we can say that the planning can be realized by us, or, or by some adviser or financial planner if what you want is to have a major precision in every calculation that it should to realize.
For it it must always bear in mind all the both negative and positive circumstances that could appear, be already the possibility of losing part of his income, or on the contrary that the same ones increase, the possibility that he is incapacitated somehow not to be able to keep on paying the debt, and fundamentally it is very important that it realizes an administration of all his income to know specially of that way will be paying the carried away debt. Since well we have said credit, financing and debts always go of the hand for it it is important that it bears in mind these three elements at the moment when I realized any type of financial deal. If we speak a little about the credits like financing, already we have revised in our place that as well as there are different types of credits for different types of occasions, the same ones work with different money-market rates as well as also with different period and plans of payment.  This is something that we must consider important since basically it is what will help us to develop a correct planning. It is important that we have in mind that whenever a financial duty is not fulfilled, the same one was finishing in consequences that will turn out to be quite unpleasant to us, for it it is so important to avoid to be in this type of situations.
This way well, if for example, we request a credit for the financing of a car, and the carried away debt will not be fulfilled by the corresponding obligations not only it will be the entire total more the interests of the credit for financing but the debt also will add another type of money-market rates for slowness, that is to say for not paying the carried away debt. Also we must think that while more there are the months that happen without paying the debt, the money-market rate will be much higher and consequently the debt will be increasing increasingly up to not leaving option to us than resorting to a refinancing. In conclusion, the principal thing to be born in mind when it talks each other to resort on a credit for financing avoiding the debt is the planning.
Finally we do not want to allow mentioning that at present the request of a credit for financing is a motive for debts, since unfortunately only 3 of every 10 persons expire with all the economic obligations that a credit implies. For it the responsibility of the individual is important opposite to these factors since as well we said at first, independently of the professionals' quantity that they exist to offer to us the help that we need, after all our finance is going to depend on our aptitude to administer them. When we say this it is important that it is known that it is not necessary to have any type of knowledge with regard to the financial management, simply we can appeal to our common sense to be able to realize it. For it precisely the fact is that we insist on realizing so much a correct planning of the payment of accounts, since as we were saying, this will be the key to be able to escape of the bad combination that can prove of between credit, financing and debt. |
