Borrow money through Money for Each Other

Money for each other is a proven platform for individuals and companies that want to borrow money. The platform has been around since 2011 and has many completed projects. Until 2014, the platform raised an amount of more than 40 million euros in loans. The ambition for 2015 is to double this amount.

Private loans

Private loans

Although the platform is open to private individuals, there are more loans for companies. The bar for consumers is somewhat higher than that of companies (also because as a private individual you pay 125 euros placement costs) and it is easier to be accepted as a company.

Moreover, the amounts for loans from companies are considerably higher than those from individuals. In addition, you will encounter people with a high level of education at the platform, in contrast to Senduci, for example, which focuses specifically on consumer credit.

The type of loans that you can apply for here varies considerably. You can think of loans for renovating your house, loans for refinancing, loans for medical expenses, for transport or luxury consumer products. But if your application does not fall into this category, then there is always the “other” category.

Interest costs

Interest costs

What also makes this platform interesting is that you can determine the interest costs yourself. You choose a certain percentage for which you think you should pay back the loan. Of course you cannot opt ​​for a very low interest rate, because then investors will not be very happy to give you credit. You must therefore choose this carefully.

Besides the interest you also pay other costs. You also pay a placement fee of 125 euros. You therefore pay this regardless of whether your loan is accepted. That is not so nice if you do not have a lot of money. This is a way of the platform to set the bar high. If you are unable to pay this amount and you want more certainty, then you should contact Senduci.

In addition, you also pay so-called inheritance tax. This amount is based on the total credit sum that you receive. You will therefore receive less money than what you ask for. This inheritance tax is not that high, it amounts to just over 2 percent of the total loan that you request. At Senduci you also pay these types of costs, but the percentage depends on your risk profile and is between 0.5 and 3.75%.

Investments

Investments

One of the biggest advantages of Ferloan is the large number of investors. Many investors are active on this platform. New subscriptions are sometimes ‘filled up’ within a few days, which means that there are enough investors for the loan. That is very special of course.

Gecoan Is therefore a proven platform with a large community of lenders and lenders. It is a good alternative for the banks that works. If you want to borrow money without a bank and see what it is like to borrow money through Crowdfunding, then Gecoan is a great platform for this.

 

Radioactive risks and loan insurance

The nuclear professions

The nuclear professions

The nuclear professions are numerous and may present high risks depending on the position occupied: welders, boilermakers, pipe mechanics, electricians, computer scientists, engineers, physicists, managers, chemists.

Your job is considered a risky profession?

Your job is considered a risky profession?

Our brokerage firm offers the cheapest solution for the insurance of your mortgage because we have negotiated with the insurance companies a loan rate without markup
for trades exposed to risks:

  • radioactive
  • nuclear
  • X ray
Guaranteeing your mortgage when you work in the nuclear industry

In order to choose the best insurance contract that will guarantee your mortgage, it is recommended that you carry out a credit insurance comparison using a loan insurance simulator.

Real estate loan insurance aggravated risk

Real estate loan insurance aggravated risk

It is essential but also essential to join a loan insurance when one subscribes a mortgage. It is a guarantee generally requested by the banks to grant this type of loan because it engages the borrower over a long repayment period. Protecting the bank in the first place in case of death, disability or incapacity of the borrower, it also avoids the relatives of the latter to inherit the debt. The Lagarde law of September 2010 allows you to take out your loan insurance outside the credit institution. It is therefore possible for you to compete with insurers to find a cheaper and better suited contract than the group contract proposed by the bank.

Insurers facing trades in the nuclear industry

Insurers facing trades in the nuclear industry

If you work in the nuclear field (x-ray, radioactive elements), some insurers will refuse to cover you because your job is part of the “exclusions” of their insurance contracts. Those who will agree to insure you will have to apply to your contract specific conditions and therefore increase the amount of your contributions.

Cheap loan insurance specialized in loan insurance with aggravated risk profession of borrowers and risky occupations, such as nuclear professionals or in contact with radioactive sources.

Radioactive risks and loan insurance

The nuclear professions

The nuclear professions

The nuclear professions are numerous and may present high risks depending on the position occupied: welders, boilermakers, pipe mechanics, electricians, computer scientists, engineers, physicists, managers, chemists.

Your job is considered a risky profession?

Your job is considered a risky profession?

Our brokerage firm offers the cheapest solution for the insurance of your mortgage because we have negotiated with the insurance companies a loan rate without markup
for trades exposed to risks:

  • radioactive
  • nuclear
  • X ray
Guaranteeing your mortgage when you work in the nuclear industry

In order to choose the best insurance contract that will guarantee your mortgage, it is recommended that you carry out a credit insurance comparison using a loan insurance simulator.

Real estate loan insurance aggravated risk

Real estate loan insurance aggravated risk

It is essential but also essential to join a loan insurance when one subscribes a mortgage. It is a guarantee generally requested by the banks to grant this type of loan because it engages the borrower over a long repayment period. Protecting the bank in the first place in case of death, disability or incapacity of the borrower, it also avoids the relatives of the latter to inherit the debt. The Lagarde law of September 2010 allows you to take out your loan insurance outside the credit institution. It is therefore possible for you to compete with insurers to find a cheaper and better suited contract than the group contract proposed by the bank.

Insurers facing trades in the nuclear industry

Insurers facing trades in the nuclear industry

If you work in the nuclear field (x-ray, radioactive elements), some insurers will refuse to cover you because your job is part of the “exclusions” of their insurance contracts. Those who will agree to insure you will have to apply to your contract specific conditions and therefore increase the amount of your contributions.

Cheap loan insurance specialized in loan insurance with aggravated risk profession of borrowers and risky occupations, such as nuclear professionals or in contact with radioactive sources.

Law | News Loan Insurance

Tax on new insurance loan contracts:

Tax on new insurance loan contracts:

Questioning the interest of the Rokins and Mahon laws?

The interest of devices Rokins and Mahon is it questioned? A loan insurance tax, a special tax on borrower insurance agreements, must soon apply to all the premiums paid by policyholders in the case of mortgages, and no longer to a small part of them. Action Logement thus provides

Law Seapos II new measure that could save you thousands of euros

Law Seapos II new measure that could save you thousands of euros

Realizing a loan insurance change after taking out a home loan can save you up to more than 10,000 euros, depending on your profile. A measure of the law “Seapos II”, adopted Tuesday, November 8, now offers you the opportunity to play the competition to replace your insurance borrower, even

Banker and insurer: how do you know who you have to do to negotiate your loan and your insurance borrower?

Banker and insurer: how do you know who you have to do to negotiate your loan and your insurance borrower?

You plan to meet your banker and perhaps an insurer to buy a mortgage and then guarantee it with a borrower insurance. So, here are some indications that may be useful to you in order to decipher the behavior of the person who is in front of you and manage to arrange with you well. So,

Solution to make money on your loan insurance

Solution to make money on your loan insurance

Depending on the type of loan insurance contract you buy, there are several ways to lower your insurance costs and can save you money. The formula allowing you the biggest savings by carrying out a operation of repurchase of credit, or a repayment by anticipation, is the contribution on

Health Law 2015: good progress but also failures

Health Law 2015: good progress but also failures

On December 17, 2015, the Health Bill was adopted by the National Assembly. Called “Bill to modernize our health system”, this text presents a certain complexity as well as a real ambition. It aims to organize and improve the health system for the decade to

There is no dependence between credit and the pledge of a life insurance

There is no dependence between credit and the pledge of a life insurance

Credit and life insurance A borrower decided to open a bank account in an institution while signing a current account system pact attached to a budget instrument account. He subsequently adopted a life insurance policy with an organization and made a first payment from this account. The banking establishment

Top 7 reforms of 1 October 2015

Further reforms came into effect on 1 October 2015. An overview of the main provisions: TOP 7 reforms of 1 October. Standardized information sheet (ISP) loan insurance Prior information of borrowers Information on bank charges Compulsory insurance of real estate professionals Financial guarantee of travel agencies Thresholds of the

Borrower wins court of appeal

A borrower who complained about his bank’s refusal of his request for termination of loan insurance was successful in the court of appeal. This complainant decided to appeal after losing in the trial court. Application for termination of loan insurance to

How is the Mahon Loan Insurance Law challenged?

Some banks, says the AEC (Association Borrower Insurance Citizen), do not allow real estate borrowers to change their loan insurance. The AEC denounces some banks not to apply the law Mahon entered into force on July 26, 2014 and defend their meadow. Yet this law entitles every real estate borrower to change his

Loan Insurance: Your Rights

Loan Insurance: Your Rights

The insurance of a mortgage is not a legal obligation, but the banks however require it in a systematic way for a mortgage, especially regarding the cover of risks related to death and disability. The borrower can freely choose the insurance company that will cover it and is therefore not obliged to take out the contract

Where should the borrower insurance be declared?

You have an apartment in Scheleer law managed by a management company and you must declare your credit along with interest as well as loan insurance and management by the company. You may be wondering if you need to complete the document 2044 Specific to Management and you are also asking the question

Credit conso: the rights and duties of the consumer

Credit conso: the rights and duties of the consumer

When he subscribes to a credit, the borrower’s first obligation is to repay his loan. It is therefore important that he is well informed and advised before signing the credit agreement. And the lender must ensure the solvency of the latter. The borrower must provide all the requested items If the institution

Safety: new measures

Interior Minister Bernard Cazeneuve recently unveiled new road safety measures. These should apply before the summer. New provisions: the ban on hands-free kits, parking causing discomfort more penalized, lower blood alcohol levels for young drivers … Hands-free kits and parking On April 4, 2015, Bernard Cazeneuve

Lower taxes for the non-resident owner?

Lower taxes for the non-resident owner?

Recently, the Court of Justice of the European Union (CJEU) issued a decision on the payment of taxes. She ruled that all owners of real estate in France did not have to pay all the taxes claimed by the state. It is more specifically a question of the CSG (Generalized Social Contribution) and the

 

Law | News Loan Insurance

Tax on new insurance loan contracts:

Tax on new insurance loan contracts:

Questioning the interest of the Rokins and Mahon laws?

The interest of devices Rokins and Mahon is it questioned? A loan insurance tax, a special tax on borrower insurance agreements, must soon apply to all the premiums paid by policyholders in the case of mortgages, and no longer to a small part of them. Action Logement thus provides

Law Seapos II new measure that could save you thousands of euros

Law Seapos II new measure that could save you thousands of euros

Realizing a loan insurance change after taking out a home loan can save you up to more than 10,000 euros, depending on your profile. A measure of the law “Seapos II”, adopted Tuesday, November 8, now offers you the opportunity to play the competition to replace your insurance borrower, even

Banker and insurer: how do you know who you have to do to negotiate your loan and your insurance borrower?

Banker and insurer: how do you know who you have to do to negotiate your loan and your insurance borrower?

You plan to meet your banker and perhaps an insurer to buy a mortgage and then guarantee it with a borrower insurance. So, here are some indications that may be useful to you in order to decipher the behavior of the person who is in front of you and manage to arrange with you well. So,

Solution to make money on your loan insurance

Solution to make money on your loan insurance

Depending on the type of loan insurance contract you buy, there are several ways to lower your insurance costs and can save you money. The formula allowing you the biggest savings by carrying out a operation of repurchase of credit, or a repayment by anticipation, is the contribution on

Health Law 2015: good progress but also failures

Health Law 2015: good progress but also failures

On December 17, 2015, the Health Bill was adopted by the National Assembly. Called “Bill to modernize our health system”, this text presents a certain complexity as well as a real ambition. It aims to organize and improve the health system for the decade to

There is no dependence between credit and the pledge of a life insurance

There is no dependence between credit and the pledge of a life insurance

Credit and life insurance A borrower decided to open a bank account in an institution while signing a current account system pact attached to a budget instrument account. He subsequently adopted a life insurance policy with an organization and made a first payment from this account. The banking establishment

Top 7 reforms of 1 October 2015

Further reforms came into effect on 1 October 2015. An overview of the main provisions: TOP 7 reforms of 1 October. Standardized information sheet (ISP) loan insurance Prior information of borrowers Information on bank charges Compulsory insurance of real estate professionals Financial guarantee of travel agencies Thresholds of the

Borrower wins court of appeal

A borrower who complained about his bank’s refusal of his request for termination of loan insurance was successful in the court of appeal. This complainant decided to appeal after losing in the trial court. Application for termination of loan insurance to

How is the Mahon Loan Insurance Law challenged?

Some banks, says the AEC (Association Borrower Insurance Citizen), do not allow real estate borrowers to change their loan insurance. The AEC denounces some banks not to apply the law Mahon entered into force on July 26, 2014 and defend their meadow. Yet this law entitles every real estate borrower to change his

Loan Insurance: Your Rights

Loan Insurance: Your Rights

The insurance of a mortgage is not a legal obligation, but the banks however require it in a systematic way for a mortgage, especially regarding the cover of risks related to death and disability. The borrower can freely choose the insurance company that will cover it and is therefore not obliged to take out the contract

Where should the borrower insurance be declared?

You have an apartment in Scheleer law managed by a management company and you must declare your credit along with interest as well as loan insurance and management by the company. You may be wondering if you need to complete the document 2044 Specific to Management and you are also asking the question

Credit conso: the rights and duties of the consumer

Credit conso: the rights and duties of the consumer

When he subscribes to a credit, the borrower’s first obligation is to repay his loan. It is therefore important that he is well informed and advised before signing the credit agreement. And the lender must ensure the solvency of the latter. The borrower must provide all the requested items If the institution

Safety: new measures

Interior Minister Bernard Cazeneuve recently unveiled new road safety measures. These should apply before the summer. New provisions: the ban on hands-free kits, parking causing discomfort more penalized, lower blood alcohol levels for young drivers … Hands-free kits and parking On April 4, 2015, Bernard Cazeneuve

Lower taxes for the non-resident owner?

Lower taxes for the non-resident owner?

Recently, the Court of Justice of the European Union (CJEU) issued a decision on the payment of taxes. She ruled that all owners of real estate in France did not have to pay all the taxes claimed by the state. It is more specifically a question of the CSG (Generalized Social Contribution) and the