Without a doubt, Peru is a country of entrepreneurs, which was fully demonstrated during these last two years of the pandemic, as many were also forced to generate their own businesses as self-employment to cope with the current economic situation.
In this sense, obtaining financing is one of the main ways to grow and expand your ventures in the short, medium and long term. However, sometimes, for some reason, it has not been possible to comply with the payment of a loan on time, which not only affects the credit history of the entrepreneur, but also limits the opportunity that he can obtain capital to invest and move forward. your business.
Bearing this in mind, Rebajatuscuentas.com, a financial adviser that grants mortgage-backed loans, shares four tips for getting a loan even when you are in a credit bureau:
1. Consolidate your debts. If you have more than two loans and your budget does not cover the monthly payment amount for each of them, you could carry out a debt consolidation, which may involve a secured loan with a longer term and a lower rate, which provides increased monthly liquidity.
In this way, you will only pay monthly to a financial institution and you will be able to request another loan for your business later, while you regularize your situation.
2. Mortgage guarantee. If a financial entity refuses to grant you a loan because it is reported in a credit bureau and you have other income that is difficult to sustain, questioning your ability to pay, Rebajatuscuentas.com offers a second chance through a credit with a mortgage guarantee, which will allow you to obtain a loan of greater value, a lower interest rate and that you can pay in up to 10 years.
3. Lenders. Avoid falling for false lenders who, in addition to charging you high interest, put your physical integrity and that of your business at risk. Nowadays, not only banks provide loans, there are formal finance companies that can grant you a secure credit. Take some time to evaluate the requirements that they request and the benefits that each one of them offers according to your needs.
4. Reintegrate into the financial system. After you acquire the loan you needed for your business, prioritize paying off all the commitments you owe. In this way, your credit score will improve and you will progressively reinsert yourself into the financial system, which will later generate new financial opportunities for you to continue implementing and developing your business.
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