When you save a little money, there are people who want to keep the money and pay interest.

It is important to note that such unlicensed interest rates are illegal. If you have a complaint, you may be worried. In addition, the money was lost due to non-repayment of loans. I feel bad. I have to worry about my own money. I get angry. What is (usually) unwholesome is money laundering. If you find it difficult to repay, Do not overpay if you feel sorry for yourself.

It is worse then worthless, it consumes time and resources but returns no sales. If you have to repay your loan, you will lose your life.

Even if it is done with a contract, “I can't give it. If you want to complain, you have to complain. It is not easy to get your money back immediately. It can take up to two years to sue. In the meantime, before you can get your loan back, you will have to spend all your money on lawyers' fees. Time is running out. People will be tired and depressed.

But suppose you have to borrow money. Suppose you want to get a loan for a small interest rate. If so, keep these points in mind.

You could offer a slight reduction for timely payments, to encourage late payers. If you have a large amount of money, you need to be careful.


(1) Reason for wanting to borrow money

Avoid getting a mortgage loan that you can afford to pay off. Make sure you ask the reason why you want to borrow money first.

Depending on the reason you want to borrow money, you have to decide whether to lend or not.

For example, an online lender may offer you a down payment. Don't lend money to people who will lend you money because of the lure of online profits. If they are cheated, it will be difficult for them to get their money back.

To do business; If you need money to expand your business, you can get one. It helps. But ask specific questions as well as what they liked and did not like about the contractor. Examine their calculations. Ask them to calculate their monthly profit. Do your own rethinking. Do not lend money if your long-term profits do not even cover the interest. Some know they want to do business and are unskilled. There is no preparation. I do not know for sure. Financially, they often lose money because of poor management.

Borrowing at low interest rates to help pay off high interest rates due to unjustly high interest rates can help. But first you need to find out if the borrower is able to repay the loan.


(2) Ability to repay debt

Another question to ask borrowers is where can the interest be repaid with regular income? The income of the borrowers and their spouses (or parents, children); Expenditure You need to know the current debt, even if it is not accurate.

Loans should only be given to those who are able to repay interest on a regular basis and who are able to repay their principal on a regular basis. Debt settlement can make the difference between success and failure.

How to disburse capital? Be sure to ask when the payment will be made. You also need to be able to weigh the pros and cons of what he says. Because there are people who lie and borrow. (People who are good at paying interest are less likely to lose money.)

Before you lend money right away, you need to find out about the financial situation of the borrower.


(3) Make a contract

If you borrow money without a contract, you may lose money when you meet people who do not keep their promises. So you need to sign a contract. An interest-bearing loan agreement can be invalid without a license and can even be used as evidence by the police to arrest you for an unlicensed loan.

So we have to sign a "trust deposit" contract. We need witnesses. In addition to the borrower's signature, the fingerprint must be included in the contract. Registration copy required. Do not lend money to someone who cannot do it. (I would like to interrupt borrowers from others to avoid signing up for the next loan at a price that you can not repay.)

The contract must include the exact date of repayment agreed upon by both parties.

It is better to hire a lawyer to make the first contract more complete. In later contracts, you could copy the first contract and do it yourself without hiring a lawyer.


(4) Mortgage

It is safer to take out a mortgage than to just borrow money. For example, gold. Motorcycle car, Mortgages are accepted as real estate. Yes. (In this case, consult a lawyer who specializes in the details and precautions to take to sign a contract.)

5. Do not lend beyond the border

If you lend money to people in remote areas who are hard to get along with, it may be difficult to get it back.