The 2016 Income campaign began on April 5 and will last until June 30. Despite being a date marked in red on the calendar, we are not always prepared to face your payment. To finance it, we can request a loan to pay the Good Credit.
These types of loans are specifically designed to help families meet the obligations of the Tax Agency on time. What financial institutions offer loans for personal income tax? What are its characteristics and obligations?
How do loans work to finance personal income tax?
Loans to finance the payment of personal income tax are specific loans whose sole purpose is to finance the amount of the income statement, either with a positive or negative result.
These loans usually have a few month’s maturities and finance 100% of what goes out to pay in the Good Credit as long as the amount is between the maximum and minimum limits offered by each entity. To contract these loans you will have to be a client of the entity and, in some cases, domicile the declaration in the entity.
Loans to finance the payment of personal income tax can be divided into two categories:
- Loans to pay the personal income tax (positive result in the declaration).
- Loans to advance the collection of personal income tax (negative result in the declaration).
To make these types of loans more attractive to the client, it is common for banks to promote their loans at 0% TIN. However, this does not mean that the loan is free. In these cases, we will have to look at other variables, such as the opening and study commissions, which in some cases can reach up to 3% of the principal. Next, we will make a comparison of the best loans to pay the Good Credit.
Best loans to finance the Good Credit payment (income statement 2016)
We leave you with the best specific loans to finance the Good Credit payment during the 2016 income declaration campaign. The collection of information has been especially complicated given that the banking entities do not have offers of Good Credit loans in a standardized way.
Instead, they offer loans adapted to each client’s profile, so it is advisable to approach an office to ask in person about the loan conditions.
Good Credit loan from Bank of Good Finance
The Bank of Good Finance Good Credit loan is divided into two modalities, one for the return of the Good Credit and another for the payment of the tax, depending on whether the result of the declaration is positive or negative. These loans are only valid during the period of filing the income tax return.
Loan Payment Good Credit (Positive Statement)
- 0% TIN
- 6.90% APR for a loan of 3000 dollars for 10 months
- Term: up to 10 months
- Maximum amount: $ 30,000
- 3% opening commission.
Loan Advance or loan repayment Good Credit (Negative statement)
This loan has the same characteristics as the previous one. The difference is that this loan advances the amount to be returned in the statement so you can have it immediately. The APR is 3.76%, for an amount of 3000 dollars at 10 months.