For many people, a garden is pure relaxation. Flowers and shrubs are planted there, some also have a vegetable garden. Seating groups are set up and figures are positioned. A pond area with residents rounds off a beautiful, well-kept garden. But this design costs. For this reason, many garden owners ask for a loan for garden design.
The garden through the ages
A property can get an increased value with a garden design. A well-kept garden conveys seriousness and prosperity. The design of the garden is also a question of age and with it comes the question of a loan for garden design.
Young families love to make their garden child-friendly. There are bouncy castles and swings to see, and the sandpit shouldn’t be missing either. However, garden design must not be too expensive, since incomes are often not yet so high at a young age, and there are children and they also cost. So there are no big issues here. A loan for garden design is sufficient as a small loan to fulfill the wishes for a child-friendly garden.
The middle phase of life is often shown in celebrations in the garden. From the children’s playground, the garden turns into a party area. A garden house has to be built where celebrations can take place but the garden tools are housed. Income has increased and there is more scope. Since the house is often paid off soon, garden design can still cost a little more. The loan for garden design can be a little higher.
Then come the last changes in the garden. The garden owners have retired and many trees and bushes have grown into the sky. They have to be shortened or removed entirely. The garden should then be designed so that it brings as little work as possible and can still be pure relaxation. This work can often no longer be carried out by yourself and the professional has to do it. A loan for garden design is sufficient as a small loan.
The loan and financing
Especially the garden design, which is not so expensive, would like to finance many customers through the overdraft facility. The overdraft facility is provided by most banks to their solvent customers and can be up to two or three months’ salary net. In most cases, this is not a good decision. The overdraft interest can be between 13-14%. House banks in this country calculate this high overdraft interest.
Despite the fact that loan interest rates have not been as low as long, the overdraft facility is as expensive as before. If it can be repaid quickly, there is nothing to be said against the use. But in most cases it stops and gets more from month to month, but in a negative sense.
In this case, a loan for garden design is an installment loan. The customer can go to his house bank, but experience has shown that this bank is not particularly cheap. But if you value comprehensive advice, you are in good hands with this bank.
Direct banks from the Internet are better. With a credit comparison, the customer can find a cheap provider. The best banks are at the top of the list and can then be selected. The loan application can then be made immediately via the comparison.
The customer should know that the interest rate level stated on the pages is not relevant for all customers. Interest is calculated depending on the creditworthiness; if you have a good credit rating, you will also receive good interest and vice versa. The customer will only receive his interest rate with a personal offer.
If only a small loan of around 1000-3000 dollars is required, an installment loan of this amount can already be approved with an interest rate of 1.99%. The terms are between 12 months and 36 months. They can be chosen freely. However, with a long term, the interest rate is higher, but the rates are lower.
If you want to make your garden particularly beautiful and comprehensive, you obviously need more credit. Loan amounts of up to 10,000 dollars are often required. Just think of the construction of a garden house, which can be 5,000-6,000 dollars and more. If you take out a loan for garden design in the amount of 10,000 dollars, you can count on an effective annual interest rate of 4.99% regardless of creditworthiness, the term is then 60 months.
The credit check
Before banks give a loan for garden design, whether large or small loan amount, they will check the creditworthiness of the customer. Income is put to the test. The credit rating is also queried. A permanent job or a corresponding pension are required.
There is no special form of credit for garden design. A normal installment loan that is not earmarked can be used there. If the conditions offered by the house bank are correct, then the customer can do so. But experience has shown that the conditions at direct banks are more favorable, as the credit comparison will show. The loan can be applied for online and is easy, convenient and easy from the couch.
If the general conditions are right, the customer will soon be able to dispose of his money. Of course, a loan for garden design depends on the creditworthiness of the customer. The income must have an attachable portion of at least 100-150 dollars. For a single person that is 1,100 dollars. With every additional person living in the household, the limit shifts upwards.
The bank will also draw up a budget. In doing so, she compares the income with the expenditure and checks whether there are any resources left. If this is the case, the loan is approved.
Before a customer concludes a loan contract, he should in any case obtain a personal credit rating query. This shows whether negative entries are noted or whether the credit rating is clean. If there are negative entries, the customer can take a different way of obtaining credit.
The credit rating-free loans are available as a solution for this clientele. The customer finds the loan offers on the Internet.