Unsecured Credit Products (KTA) are consumptive debt products whose collateral is in the form of a person’s monthly salary. Actually KTA has collateral. Well Jolezz Marget will discuss about collateral-free loans (KTA) which actually have collateral.
Collateral consists of two types, namely principal collateral ( first way out ) and secondary collateral ( second way out ). In productive loans such as Working Capital Loans, principal collateral comes from current assets, such as inventories, cash, accounts receivable and others. Secondary collateral ( second way out ) in productive debt is fixed assets ( fixed assets ) such as machinery, equipment, motorized vehicles, land, buildings and others.
What about unsecured loans?
Basically Collateral Credit (KTA) has collateral, namely salary or income from prospective credit recipients (debtors). Every company that provides unsecured credit services (KTA) always requires proof of salary or income from prospective debt recipients. Unsecured loans only recognize basic collateral ( first way out ) without secondary collateral ( second way out ).
What are the consequences of Personal Loan? Of course, because the bank receives a greater potential risk, then the cost or interest of Unsecured Loans (KTA) tends to be higher than other loans. Following this, Jolezz Marget will present general requirements if you want to apply for Personal Loan (KTA)
General Conditions for Proposing Unsecured Loans (KTA)
General conditions for Personal Loan (KTA) according to bank Mandiri:
As Jolezz Marget explained above, Personal Loan (KTA) always requires a paycheck for employees and a copy of a savings account for entrepreneurs.
There are also many loans without Aguanan (KTA) offered on the internet. Many websites provide services to help propose unsecured loans. Independent financial planner Jolezz Marget found a website (the result of a search on Google.com) that offers Personal Loan (KTA) services:
Loan interest or Personal Loan (KTA) is 1.29% per month or 15.48% per year (rough calculation). There are several banks that charge interest up to 3% per month.
Unsecured Credit (KTA) is one type of consumer debt. Basically Unsecured Credit (KTA) has collateral in the form of salary or income from prospective recipients of debt.