Month: March 2020

Consumer credit: production fell in August.

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Consumer credit: production fell in August (ASF)

Consumer credit: production fell in August (ASF)

The production of consumer credit recorded by the ASF was again negative in August. The association, which covers almost 60% of the market in France, nevertheless sees signs of stabilization.

A 3.3% drop in production over one year

A 3.3% drop in production over one year

After a brief increase in July (+ 4.3%), the production of consumer loans by establishments belonging to the Association of Financial Companies (ASF) reached 2,496 million USD in the month of August 2012, a decrease of 3.3% compared to August 2011.

In cumulative data, since the start of 2012, the total production of these loans thus amounted to 23.442 billion USD, a difference of -5.9% compared to the production recorded for the first 8 months. from 2011.

As a reminder, the member companies of the ASF cover almost 60% of consumer loans in France, the monthly balance sheet carried out by the ASF therefore paints a fairly representative picture of the activity linked to these loans.

Slight signs of stabilization of production

For the ASF, this monthly assessment is not intended to be negative, the association observing slight signs of stabilization.

"For the first time since May 2011, the average development over the last three months thus returns - even timidly: + 0.3% - to positive territory," notes the ASF.

The association of financial companies also highlights a certain balance "in terms of mobile annual cumulation". According to the ASF, "the fall in production appears to have been halted and has since May balanced around 36.4 / 36.5 billion USD, an amount which remains however nearly -20% lower than the high point reached in September 2008 ".

Restricted funding up

Restricted funding up

With respectively 896 million USD and 761 million USD, revolving loans and personal loans represent the majority of consumer loans produced in August.

This production is also down, in annual variation, for these two categories up to:

  • -6.0% over the month and - 7.6% over the whole of 2012 for revolving loans;
  • -4.9% and -8.3% for personal loans.

The funding earmarked posted an increase in August 2012 compared to August 2011 (+ 2.6%) with 686 million USD. In cumulative data over 8 months, production for these loans remained negative by 2.6% compared to the same period a year earlier.

3 Ways to Make a Credit Card Today, Guaranteed Fast!

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Credit cards are one of the most popular banking facilities. It is no secret that so many people want to have this one payment facility. There are many advantages and also convenience that can be obtained when using a credit card, so it's only natural that the number of users is increasing every year.

For those who want to have a credit card, it never hurts to immediately apply for this one facility. Until now, there are many banks that provide credit card services in Indonesia, so you will have many choices that can be taken into consideration.

Not always difficult and requires a long time, you can even apply for a credit card in a way that is so easy and fast.


1. Submit at the Bank Where You Save

credit cards

Already working and having income, you certainly have a savings account at the bank, right? In general, every employee will receive their salary through a bank payroll, and can use this to apply for a credit card. It is no problem accepting salaries through any bank, because at present almost all banks in Indonesia have credit card facilities in their services.

In the process of applying for a credit card, the bank will check the financial history, including cash flow on a savings account that is owned. If you apply for a credit card at the bank where you save and receive a salary every month, the bank will be much easier to see cash flow in your savings account.

This will make it easier for banks to make decisions. If the cash flow in a savings account is current and feasible, then the credit card application will certainly be approved by the bank.


2. Submit Through Direct Sales

Applying for a credit card by going directly to the bank will certainly be a difficult thing to do, especially for those who work all week and find it difficult to leave the office. The submission process like this will also take up a lot of time, considering the bank is always crowded with visitors and queuing up.

But don't worry, you can still apply for a credit card through credit card sales that are easily found in many places, such as: ATM machines in banks or even in malls when they hold exhibitions. You can easily apply for a credit card there. Complete all data requirements and contents correctly, so that credit card applications can be processed and approved by the bank.


3. Submit Online Through the Lite Lenders Financial Site

Pay Attention to Interest in Every Credit Card Cash Withdrawal

Nowadays the online system has become the lifestyle of most people. Not only when shopping, but many financial products can also be accessed online, including credit cards.

You do not need to bother to look for credit card sales or even visit the nearest bank that provides it, because enough by visiting financial websites can also access banking services on this one.

Lite Lenders is a fintech website that provides a variety of banking products, such as: KTA, KPR, credit cards and others. In this case, Lite Lenders will act as your intermediary with the banks, as befits a salesperson .

You can find many credit card options there and apply for one of the credit cards at the bank that is most appropriate and suits your needs. Fill in the personal data and complete all the requirements requested, so that the credit card submission can run easily and smoothly.

Furthermore, you only need to wait for verification from the bank. It's so easy and practical all these processes can be done online without the hassle, right?


Complete the Terms and Personal Data Correctly

Complete the Terms and Personal Data Correctly

Having a credit card is often the desire of many people. For the submission process, you can choose several easy and fast ways without bothering to go to the bank. Be sure to complete all the requirements requested and also fill in all personal data correctly, so that the credit card application process can be processed and approved by the bank.