Autonomous Regardless of our profession, we all face situations where we need funds here and now. It does not matter for what purpose we need it, the question is how to get it as fast as possible. In this article we will see how to get a credit for a navigator. Our 5 steps to what, how to get it sooner, will undoubtedly help any seafarer to get the necessary currency methods.
Step #1: Fulfill all necessary requirements.
Before you can apply for a seafarer’s loan, you need to thoroughly investigate all your requests. In order to get a credit promotion in a short time, make sure you fulfill all your requests. Except for this, make sure you have all the paperwork you need, such as an identification card (issued by the government) and a birth certificate. Except for this, to get a loan in a short time, you need to give the lenders paperwork confirming their solvency. Between these documents, you can be advised by your fleet manager.
Step #2: Prove your solvency.
We have already mentioned this at the last boundary, but here we will see this nuance in more detail. It is not strange that the creditors do not give out and give out loans to all seafarers. If you want to get a loan, and especially if you want to get it sooner, you must give the lenders the necessary papers. The papers about your salary status have a good chance of working as proof of your ability to pay. With these proofs, your order will become valuable and you will have a better chance of getting a loan.
Step #3: Prove the status of your residence.
When considering an application for a loan from a navigator’s bank, usually inspect the personal status of your presence. Applying your own real estate as a guarantee on the loan, you have a better chance to get it very quickly and without problems. In case you don’t have a personal home, take care that you can justify the status of your residence. Whether you live in a rented apartment or with a guardian, you can still apply it to your own interests. For lenders, each of your affiliation will be an additional proof that you really intend to return to your home after the expiration of your contract. Except for this, you will be able to address a co-borrower, who is considered to be another collateral so that your loan will be repaid on time. How do I do that? Read the next step!
Step #4: Ask the co-borrower for help.
As we have already mentioned above, the co-borrower is considered to be a pledge of such that your loan will be repaid on time. How does it work?
- If you are unable to pay the loan, your co-borrower is responsible for this.
- In return, this person must pay the necessary amount of money until you can pay it offline.
For most lenders, the presence of a co-borrower is considered crucial when applying for a loan from a seafarer. As a consequence, if you want to be sure that you will receive a loan incentive in a short time, think about the support of the co-borrower. It is important to increase your chances and speed up the whole process.
Step #5: Specify the dates of your contract.
In order to get a seafarer’s credit in the Philippines, you need to give information about your contract. With a clear return date and cumulative employment status, you have a much better chance of getting a lightweight loan. Date of departure papers and a certificate of employment are proof of guaranteed employment. Except for this, these papers will work as an additional confirmation of your ability to pay. Lenders usually give loans to seafarers who are able to repay and whose work is fully equipped. You do not have to think that the actual duration of your contract may be an obstacle to obtaining a low-interest seafarer’s loan. Separately from the period of presence abroad (two, three, four years …), when providing the above documents do not need to worry about this.
Summing up all of the above, I would like to state that there is nothing very difficult and time-consuming to get a seafarer’s loan. Immediately afterwards, such as you will understand that this is the navigator’s credit and take into account all its circumstances, start collecting papers. Find out twice whether you meet all the claims and work hard not to miss anything relevant. A few moments of time and effort, and you will get the desired credit very quickly.