Cards or quick loans: money for the return to school

Cards or quick loans: money for the return to school

The return of the holidays is always hard but not because of the post holiday depression but because of the expenses that have to be paid. After a vacation where we commit excesses comes the return to school for those who have children. And that supposes an outlay of very important money that is financed with credit cards or fast loans, to avoid a difficult situation.

Because according to the Confederation of Consumers how much it costs the return to school 2016 can reach 1000 euros per child. Although most families will spend in 2016 an amount of money between 300 and 700 euros during the return to school.

But among all the expenses that families have to finance the return to school of their children, highlights the amount dedicated to textbooks and school supplies. Because it is increasingly difficult for children to reuse books. That’s the end of the big brothers giving the books to their little brothers on the way back to school. All this since the entry into force of the LOMCE that was applied to the elementary courses, the ESO, and the Bachillerato courses.

How to save money to successfully fund the return to school

How to save money to successfully fund the return to school

Since we can know in advance when we have to pay the expenses of the return to school, we can save money every month to finance the purchase of textbooks, clothing, and school supplies.

But the problem for the family economy is that September comes after the summer, and vacations are also one of the most important expenses for a family. Especially when there are children. That is why many families ask for personal loans or mini credits to finance the return to school.

The best loans to finance the return to school

The best loans to finance the return to school

But within all the financial offer you can find in an online loan comparison as SMS Credit. The best option to finance the return to school are credit cards, as long as we can return the money in less than 30 days.

Otherwise, the best option is to resort to personal loans, because the repayment terms are more flexible. This way we can return the capital plus interest little by little every month.

In addition the loans will allow you to get more than 1000 euros to be able to fund the return to school, while with mini credits we can get around 500 euros but no more. So choosing one or another financial solution will depend on the amount you need according to your number of children of school age.

But in any case the best way to find a financial solution is to use an online loan comparison tool. Because banks also give quick loans but they tend to take too long, so you can not get money urgently.

So if you want to have the income in the bank in less than 10 minutes, one of the best solutions to fund the return to school are fast online credits.

Private Internet lenders are specialized companies that can give money through forms 100% online, without paperwork, faster and simple to be done through web pages such as Vivus, QuéBueno, or Cofidis.

Credit cards, the easy resource for return to school

Credit cards, the easy resource for return to school

No doubt paying for textbooks with a credit card is the simplest thing. Everyone has some, although the credit limit and the conditions of return are very varied. Some may have a card with up to 3000 euros although they are very rare cases, so most of the individuals have a credit limit of less than 800 euros.

Either way, the biggest problem is that you have to pay for all the purchases at once, unless you have the Sandiloar, Candise, or Andep card and you finance the purchases in several months. Just like a private loan company would do, because even if you pay more interest at least you’ll get to the end of the month.

But if you need a credit card, the best option is to use the ones that offer the best forms of payment and interest, such as the Dom Direct, Bankate, or Bankinter card.

Although all these credit cards are reserved to customers of the bank that have their payroll registered. That’s why cards are not a good option to get credit without payroll or with asnef. Because banks do not usually put their money at risk with that customer profile.

Anyway, when using credit cards to finance the return to school, you have to be careful with the monthly fees. Choose well the maximum amount of money you can pay each month to repay your loan. And then choose the return period, so that the payment of the debt does not last for many months. Because that could make the payment of interest much more expensive.