How big is the difference between women’s and men’s preferred loan purposes

We make it possible to compare and see clearly before you borrow. But what do our customers actually borrow money for, and are there different women’s and men’s preferred loan purposes?

The biggest loan purposes are the same for men and women

The biggest loan purposes are the same for men and women

Although some loan purposes are the same for both men and women, we still see a difference when comparing the top 5 loan purposes among our male and female customers.

The most popular loan purpose for both men and women is the “Other” category. It covers many different things and can, for example, be anything from collective loans to loans to a horse. In the same way as the loan purpose “Other”, loans for the refugee’s second place are in both sexes. Renovation occupies second place in both sexes.

The purpose “Consumption” is generally also a fairly large loan purpose, both in terms of women and men. Men have consumption as the fourth largest loan purpose and women have consumption as the third largest loan purpose.

Apply for a loan Fill only one loan application and receive loan offers from several banks. Completely free and no obligation Apply now

More men are applying for car loans

More men are applying for car loans

Where we see a difference between men’s and women’s loan purposes, this is, among other things, in relation to cars as loan purposes. The loan purpose car is the third largest loan purpose among men, where it is completely down to an eighth place among the women.

Top 5 Loans for Men:

  1. 1. Other
  2. 2. Renovation
  3. 3. Car
  4. 4. Consumption
  5. 5. Mortgages

More women are applying for loans for medicine and surgery

More women are applying for loans for medicine and surgery

Where a significantly higher percentage of men borrow money for cars, it is the women’s loan for medicine / surgery that stands out. The women’s fourth largest loan is precisely medicine / surgery, which in men is in eighth place. On the other hand, home loans are a fifth place with both women and men.

Top 5 loan purposes for women:

  1. 1. Other
  2. 2. Renovation
  3. 3. Consumption
  4. 4. Medicine / surgery
  5. 5. Mortgages

How does social trading work and what is it?

Securities trading appears to many to be far-reaching, especially new entrants. Both beginners and professionals are always looking for the best possible strategy that will bring them to the destination of their choice in the long term. Investors can benefit from each other by sharing their experiences with each other. Social trading is the magic word here.

How does social trading work?

How does social trading work?

In social trading, securities portfolios are published on special platforms by investors. Other participants in these networks can then, for example, track transactions or simply observe which securities certain traders buy or sell and when. Every user is free to imitate successful investment strategies: a special form of social trading is copy-trading. Investors take over the complete strategy of well-known traders with all trading orders. Likewise, there is the possibility to take only selected actions.

Social trading makes securities trading more transparent and comprehensible even for beginners. Investors can share experiences and benefit from each other’s knowledge. So how does social trading work? The trading platforms use the principle of social networks like Facebook or Twitter on which participants share their opinions. Social trading is all about securities trading.

You should pay attention to social trading

You should pay attention to social trading

Successful investment strategies can make securities trading quite lucrative. However, there is always the risk of loss, in the worst case the total loss. Of course, this is also the case with copy trading, even if you rely on experienced traders. Before you go into social trading, you should always weigh all the pros and cons against each other.

The benefits of social trading

  • Profit through many years of experience of others: With social trading, you can fall back on the experience of long-standing traders and profit from it. This is especially true for newcomers to securities trading. Individual trading platforms offer you the option of a demo account, with which you can first gain experience in trading without the risk of losing money.
  • Investing capital profitably: Bet on the right traders, participate in their success and have the chance to different levels of profits, with which you have the opportunity to build a long-term fortune.
  • Success Fees: Some social trading platforms pay traders bonuses for successful investments. That way you can earn extra profits if you’re the one who makes his portfolio accessible to others.

The disadvantages of social trading

  • Risk of loss: Even if you are dealing with experienced traders on the platforms and following a long-term successful trader, there is always a risk that it is wrong in its assessment and a loss is the result.

How does social trading work in principle? With social trading platforms, you can benefit from the experiences of other traders and interact with the community in the network. This can be a helpful support, especially for new entrants. Especially with demo accounts trading in securities can be practiced without risk. Remember, however, that a risk of loss when using real money is not lacking. For further advice, you can always contact experienced brokers or your bank.

 

Loans for students without payroll: honorary funding for university students without income

Not a few banks offer loans without pay for students, which have an agreement aimed at completing educational activities; they are called honor loans and can be obtained only with specific requirements: we find out which banks make them available and what needs to be done to be able to obtain them.

Honor loans without pay for university students

Honor loans without pay for university students

The credit bank was one of the first to set up this system for the provision of money for young unemployed students and clearly without pay, but eager to complete their university studies. In fact, the credit proposal is called not at home, Ad Honorem Loan, and to obtain it, it is sufficient to simply request the opening of a current account at one of the bank’s branches. the loan, like any other personal loan, is repaid in monthly installments that the bank takes directly from the customer’s account. Sometimes the agreement also grants the possibility to take advantage of the possibility of extending the so-called amortization plan, and this basically means that instead of the month immediately following the request, the student will begin to pay after a certain predefined amount of time. Requiring the opening of the Ad Honorem loan to the credit, also means not taking on any extra costs, or insurance for the purpose of obtaining the agreement. The loan can be repaid starting from a minimum of 12 monthly installments, up to a maximum extension of 180 months. But how far can you get with the loan in question?

Funding for students without income generally starts from a minimum of 4 thousand euros and reaches a maximum of 27 thousand euros. As for the interest rate that will be applied, this will remain fixed for the entire duration of the loan and can even reach 9%. On the other hand, according to the reimbursement modalities, assuming that a young student is given the opportunity to receive the requested amount of 20 thousand euros, here it can be returned in one of the following ways: in 180 monthly payments and with a fixed installment per month which is just over one hundred euros, or even in 48 monthly installments worth 420 euros each, or simply in 36 monthly installments of around 500 euros a month. Fundamental requisites required are at the time the loan request is sent, the following: a minimum age of 36, the possession of guarantors able to fill the loan installments to be paid monthly. To apply for a loan, you can make the request via the web simply from the official website of the bank, or book an appointment in one of the nearest branches. In general, to complete the request for acceptance of the loan, 6 to 10 working days pass, as the loan without pay must be justified and all the necessary checks will be carried out.

Reaching your goals is also possible thanks to the loan offered by the bank

Reaching your goals is also possible thanks to the loan offered by the bank

Which as you will now find out proves to be far more efficient than a normal loan that could be granted by other credit institutions. Let’s understand why. The bank honor loan can easily be requested online also by filling in the form that will open automatically once you have navigated the site, in the appropriate section dedicated to this project. Unlike other loans, this will be repaid in full at the end of the master’s degree, so it will not be necessary to request an extension of the amortization plan in order to settle the payments of the various monthly installments. As if this were not enough, the loan to honor without a pay slip can also be requested in this case to cover the costs of any courses to be taken abroad, unlike the one previously described by the credit bank, which instead had an agreement only with the largest university of Italy. The bank loan can be repaid in a maximum duration set at 84 monthly installments, not as many as other financial loans are offered, and among the expenses covered by the loan there are also those that will be subsequently destined, in the case of studies abroad, to the accommodation of the student, even if in this case we must pay attention to the percentage that the bank decides to allocate, and of which we will deal later.

But let’s see more clearly; the maximum amount of euros obtainable through the agreement of the bank is that of 30 thousand euros, which the student can allocate at will in the sectors described above. An observation is to be addressed to the method of payment of the accommodation, which the bank will cover up to a maximum of 10%. The method of extending the payment, which must necessarily be equal to 84 monthly installments, is not to be extended, and here is the regulation of the various monthly installments will be: € 422.61 at a variable rate, which is generally between € 4 and 5%. We should not underestimate what we could define as extra financing costs, and which can all be read in detail in the leaflet downloadable online. The expenses include those that will be sent to the customer by paper, and that are: the summary of the payments, the installments to be paid and therefore resulting as unpaid, the costs for interest certification, issued at the request of the customer, and also the relative expenses to those documents for which the customer will request a copy. These costs start at a minimum of 0.60 euro cents, and can even reach 6 euros. To get more information on this, just go to the official website of the bank and fill in the form at the bottom of the page by entering your name and an email or phone number to receive the information you need, because the site also comes specify special terms and conditions reserved for particular categories of students.

How to apply for a student-free loan at the bank

How to apply for a student-free loan at the bank

Not only banks, but also credit institutions are available and provide their customers with the honor financing service. One of them is the financial company Bank, which offers the loan not only to university students who need money to complete their university studies, but also to secondary school students. Bank financing without a pay slip can be obtained unlike the others even in just 2 working days, and the client must clearly have a current account on which he will then automatically withdraw the money monthly. To apply for the honor loan on the Bank, simply fill in the form which opens automatically by navigating on the Bank website and wait for the reply from the financial institution. For example, let us assume that the student receives a sum of 10,000 euros to be used to complete his studies; here the money can be repaid in one of the following ways: in 48 monthly installments worth slightly more than 200 euros, or in 60 installments worth 165 euros a month, until reaching a maximum extension of 108 installments of 121 euros per month, and lastly 120 monthly payments of just over 100 euros per month. Finally, as regards the interest rates to be applied, these are equivalent to the following: tan to 5.59%, and taeg to 6.30%. Unlike other loans, however, Bank does not give the customer the opportunity to extend the amortization schedule, nor to be able to start paying the installments only after completing the master’s degree or any other course of study. It is for this reason that in addition to demonstrating the motivation of the financing by showing itself as students, it will be necessary to appoint parents or other tutors as guarantors of the financing, in order to guarantee the total extinction of the loan to the Bank, despite the student being unemployed and for this reason is not able to receive the pay slip and therefore to declare an income.

The completion of the university studies can also be carried out with Bank, which offers clients the so-ca