Month: April 2020

Credit Card Is a Necessity or Wish?

Who doesn’t know a credit card? Yes a card which functions as a transaction tool in general. But there are things that are different from debit cards, in bank credit cards such as lending consumers money and not taking money from accounts. A credit card is a payment instrument in lieu of cash in the form of cards issued by banks to make it easier for customers to transact.

The development of credit cards is fairly fast because of the growing public interest every day. The initial credit card serves to help the community in their daily activities, but increasingly here credit cards begin to function as a lifestyle. Not infrequently many employees who use credit cards to meet their daily needs.


Benefits that you will get when using a credit card

credit card

  • Practical and easy

The presence of this card also aims to facilitate the public to carry out buying and selling activities

  • Relatively safe

Because this card is accompanied by personal data when registering, frauds or losses can be detected quickly when there is fraud.

  • Simplify managing the budget

Because this credit card system is available in installments, it will facilitate the customer’s financial planning.

  • Simplify online transactions

With the digital age like now, not a few people have switched from manual transactions to online. Using a credit card will make it easier for employees who will conduct online transactions.

  • Can be used all over the world

With rapid development, making credit cards can be used in transactions throughout the world. With so many benefits provided by banks to customers, it is not uncommon for employees to be tempted to transact using credit cards. But besides the many benefits provided there are also risks that must be borne by the customers.


Procedures that must be performed for making a credit card

credit card

  1. Include a photocopy of KTP
  2. Minimum age 21 years with minimum salary of USD 3,000,000
  3. Photocopy of salary slip
  4. Photocopy of NPWP
  5. Photocopy of bank book last 3 months
  6. And for those who already have a credit card before, they can include credit card bills in the last 3 months

But with the convenience provided in the registration and usage there are things you must consider before using a credit card. Like the interest to be paid every month, this is before it has been agreed by both parties but mistakes that are often made by users Credit cards are late in paying installments.

This makes interest accumulate more and more which eventually will harm the employees themselves. This, of course, is not to help employees instead become financially burdening employees. With a tempting offer when we can use the money first, then it is paid at the end of the period that ensnares some “naughty” employees who cannot control themselves.


Does the use of credit cards make a person become entangled in debt?

Does the use of credit cards make a person become entangled in debt?

If that event occurs, it will make someone become in debt, even harming themselves. Therefore it is advisable to use a prepaid card very wisely because it can bring you to a pretty heavy risk in the future.

Not infrequently some employees make fatal mistakes to do. Mistakes such as considering a credit card as an extra salary which is a very tricky concept. If someone considers a credit card as an additional salary, in the end, they will run out of their own basic salary. This is in addition to harming ourselves also makes us like the proverb “dig a hole close the hole”. this of course is dangerous because we will accumulate debt continuously in the long term.

In addition, another mistake that is usually made by some employees who are customers of a bank is tempted to pay the minimum installments provided by the issuing bank. This is of course wrong because in fact this statement is very tricky, when we pay the minimum installments, the more interest we have to bear. It could be that the interest we have piled up is more than the credit card nominal we submitted before. Of course this is detrimental to customers.


Reimbursement with Lite Lenders!

Reimbursement with Lite Lenders!

We usually use a credit card to buy an item which sometimes we can’t buy on a normal day because of financial limitations. But the reimbursement feature in Lite Lenders can help exist. When you buy something for office needs, but office funds are not yet disbursed, you can immediately use this feature. This feature makes it easy for you to buy office equipment. Reimbursement is now even easier because it can be used with a personal cellphone so it doesn’t take much time.

The reimbursement feature is in Lite Lenders from Lite Lenders. Lite Lenders makes reimbursement activities easier and more fun. You can submit directly via your personal cell phone and it will be received directly by your boss who is connected to the finance department. Lite Lenders will process the reimbursement directly to your personal account. Thus reducing fraud and mistakes. In addition, Lite Lenders can also improve a company’s financial management efficiency by up to 76%.

Bank employee loans: also personal and online?

Are there any products specially created as loans for employees of Lite Lender Company? Certainly the category of employees in general is the subject of a greater possibility of choice in terms of financing, being the only ones who can also access the assignments of the fifth. If we are dealing with employees of large companies and companies, as in the case of joint-stock companies, the alternatives increase further.

Fifth assignments and subsidized loans

Fifth assignments and subsidized loans

The transfer of the fifth has been extended for over a decade to private sector employees as well. So if until recently only the employees of Lite Lender Company with public or state participation could request a transfer of the fifth, today this limitation has been definitively eliminated.

However, even for personal loans, sometimes even for online ones, if we are dealing with employees of Lite Lender Company of a certain size and importance, we can meet better conditions than those that the bank or financial company offers to anyone. These differences must be carefully evaluated on a case-by-case basis thanks to the request for quotes.

Rates and types of concessions

Rates and types of concessions

Why should loans for Lite Lender Company employees have advantages and benefits compared to those reserved for employees of srl or other companies (beyond the assignment of the fifth)?

The law of large numbers makes this situation quite clear: the possibility for a bank or a financial company (especially at the branch level or for a strongly regional presence) to have a certain number of customers almost guaranteed can push it to file some accessory costs (for example for example, the preliminary or collection costs) or a few tenths of a point on the interest generally applied.

This type of facilitation passes through agreements that are made with Spin Lender or other organizations within the company itself. So to know its existence, any conditions and to know exactly who to contact, just go and ask the managers of the Recreational Workers Club of the Lite Lender Company or similar realities. In some cases, it is also possible to find info on the Intranet or via Newsletters created specifically for recipients.

Under what conditions?

Under what conditions?

This speech can also apply to the assignment of the fifth. In both cases, however, it should be considered:

  • convenience in the strict sense, asking for some quotes to compare;
  • the conditions that must be respected in order to obtain the concession.

Referring to the latter aspect, it may happen that in order to obtain favorable conditions, you are forced to open a new account, take out a policy or other products that are not particularly suitable for your situation. In these cases, convenience in a broader sense must also be assessed, i.e. whether or not to proceed with an external product, less limiting or binding in one’s choices.

In some cases, the concessions can be obtained not only for personal loans, but also with those aimed at them. In this regard, the purchase must generally be made in specific points of sale, dealers or chain stores.

Ease of obtaining?

Ease of obtaining?

Based on what has been said so far, being or not being employees of a large company, as in the case of Lite Lender Company, can make a difference especially if you go to request a transfer of the fifth. For this type of loan, in particular, both the lending company or the bank and the insurance company must in fact evaluate the solidity of the employer. So usually the bigger the company, the more favorable their opinion will be.

In these cases we can therefore speak of loans for Lite Lender Company employees that are “easier” to obtain, intended as an excellent business card because the whole process closes in the best possible way. This does not mean that if you do not work for a Lite Lender Company, you will not get a fifth.

Regardless of company name, companies that are in good health and are ‘equipped’ with at least 15 employees are generally rated positively. Obviously, large companies (generally speaking of at least 50 employees) have greater negotiating strength in ticking the best reserved conditions. From this point of view, the weight of the negotiation applies above all to financial companies.



To summarize, therefore, the loans for employees of the Lite Lender Company offer a range of choices that employees of smaller companies could hardly have. However, this does not mean that you will be sure to find the best solution in an absolute sense. In fact, you must always opt for the product that best meets your needs, in the most flexible or easily manageable way, with the highest level of probability that the sum you need will be granted in the necessary and acceptable times.

All these answers must necessarily go through a series of personal evaluations, which should not overlook a new reality such as that of social lending.