Are you going to a driving license course and need a quick cash injection? How do you find the right offer? Let’s see.mAre you tired of driving public transport and have you decided to take a driving license? This year’s summer and the smells in trams or buses have used all your strengths, but you still don’t have enough money to cover the course? In such a situation, it is worth considering investing in the future and thinking about taking advantage of the driving license loan.
What do we use loans for?
Non-bank companies allow us to take out loans for any purpose. Sometimes you only need to have an ID card. It is worth noting here that when applying for financial support for the first time, we will not receive a loan without this identity document. Undertaking the obligation on a passport or driving license will not be possible. Returning, nobody asks us questions about what we will use the borrowed money for.
Thanks to that we get freedom and great possibilities. However, can we use this potential? The research carried out by PBS and the report “Financial customs of Poles” clearly shows that most often we allocate financial support to current expenses. This means that when we fall into a financial hole, we try to get out of it with the help of non-bank companies. However, this is not about covering other obligations with a loan. 8% of respondents admitted to such an extreme. You can read more about why it is not worth doing in our article: ” How to avoid a spiral of debt? “.
The second most popular answer was household appliances and electronics, followed by repairs, car repair or purchase of a new one, home furnishings and holidays. There was no answer anywhere about education or training. However, it is worth remembering that there is such a possibility. A loan invested in yourself and your future will always pay off. That is why it is worth using the available solutions.
Why is it worth having a driving license?
If you still have doubts about whether applying for financial support for a driving course is a good decision, read about the benefits of this document. First, we become independent. If an important matter needs to be dealt with at the other end of the city, we do not have to check the possibility of traveling by tram and adapt to the departure times. We get into the car of our husband or parents and drive.
Secondly, saving time, we don’t have to wait for a late tram or bus. We don’t waste time stopping at all stops, we just go. Thirdly, by having a driving license, we become more attractive in the eyes of the employer. There are many more reasons why you should own this document, but let’s now focus on funding options.
Who applies for a driving license loan?
Driving course is most often done by people who are just before or after their 18th birthday. However, there are also many older students who choose to train because of commuting or just now have the amount they need.
If we have a stable source of income and adequate creditworthiness, we will not have any problem incurring liabilities for this purpose. However, what if we are still young students who do not work under a contract of employment. We have at least two solutions. One of them is taking installment loans by parents. In this case, the teenager will pay the debt to his parents. For example, only during the holidays from earned money in occasional work.
The second one is finding an offer with the possibility of repayment in installments that we will be able to earn while learning. When choosing an offer, we should definitely pay attention to the required age, because some lenders allow you to use their services only after completing, for example, 20 years.
Driving license online – how to choose?
The first thing we should do is choose a specific course and determine the amount needed. If you have done so, look for all available loans that offer the option of applying for such an amount. Then from among them we must select the most attractive offer for us. How to do it? First, we can use loan comparison websites and see the rankings available there. Once we have a basic understanding of classification, we should choose the best loans that meet our quota requirement and answer the following questions:
– What is the maximum and minimum repayment period? Does it meet our financial capabilities? Will we be able to give back the money borrowed during this time?
– What are the consequences of late payment? Is it possible to extend the deadline?
– What are the additional costs of the loan? Are there any hidden fees? Read the terms and conditions, loan conditions and framework agreement.
– What hours is the Customer Service Office open? If you have questions and doubts, you can count on a conversation with a consultant.
– How quickly are the loan decisions made? When will we get the money requested?
– What information and documents will be needed to complete the application?
In the case of taking a short-term loan, we must take into account the obligation to repay the liability in the form of a one-off payment. As the name suggests, we won’t have much time to collect the needed sum. Usually it is 30 days, sometimes you can find offers for a maximum of 2 months.
There is no doubt, however, that such a loan will be more easily available to us. Sometimes you only need to have an ID card. In addition, you can take advantage of the promotional loan offer for free. This means that the company gives us a discount on repayment costs and we give back exactly as much as we borrowed.