Personal offer for you we found 1 offer that might interest you
Personal offer for you we found 1 offer that might interest you
Ответ на запрос. Предложение (Offer)
Письмо-предложение обычно пишется компанией-поставщиком в ответ на письмо-запрос. Отвечая на общий запрос, он благодарит за проявленный интерес и обычно прилагает прейскуранты, каталоги или условия типового договора. Ответ на специальный запрос предусматривает ответы на все вопросы потенциального клиента.
OFFER 1
Umow Lawnmowers Ltd
54-58 Fern Road TIPLON
West Midlands B16 7AJ
Mr Richard Miles
Greenfingers Garden Supplies Ltd
Mill Lane DROSFORD
Thank you for your letter of 5 June.
We have pleasure in enclosing our catalogue of lawnmowers. Spares for all current models are readily available from us, and we also operate a regular free collection and delivery repair service for our dealers. Our terms are 30 days net from date of invoice.
We normally hope to make deliveries within three to four weeks of receipt of order. However, I am afraid that delivery of Model TE7 may take up to six weeks, due to production difficulties. We hope, however, to resolve these problems within the next couple of months.
Our Southern Representative, Mr John Spears of 15 Rose Way, Gromsey, Hants (telephone Gromsey 45219) would, of course, be pleased to call on you at your request.
OFFER 2
We thank you for your inquiry and your interest in our goods.
We are sending you our catalogue and the latest price-list. Large customers are granted a high discount of 15% off our prices. Should your purchases exceed the set level, you will qualify for a bonus of… at the end of the year.
We hope our conditions meet your requirements and you will place an order with us.
OFFER 3
Re: Your inquiry of 23 October, 2003
We thank you for your inquiry. We are pleased to make you an offer on the basis of our General Conditions of Delivery of
1 Plant for Filling and Weighing of Bags
Characteristics of the product to be filled | Weight Grain size Moisture content Temperature | 0.5-1.0 kg/dm3 powder dry +25˚C |
This offer does not include: | Erection work and erection materials Wiring Commissioning Freight | |
Delivery | 6 months after receipt of the Order and specification of all terms and conditions and payment of the first installment | |
Terms of delivery | Ex Works, including packing, VAT unpaid | |
Validity | 3 months provided there is no change in the cost of materials and wages | |
Payment | 1/3 + VAT with order 1/3 on receipt of Notification of the Readiness of the plant for shipment or after acceptance test at the manufacturing works 1/3 2 months after delivery |
Should you have any queries we are at your service at any time.
We will be happy to receive your order and guarantee its proper execution.
OFFER 4
Re: Balance – Offer
We thank you for your inquiry and are pleased to offer you as follows:
Balance FCS according to the characteristics given below:
The price is understood for delivery from Hamburg, including 15% Value-Added Tax.
Delivery: 14 days after receipt of the order
Payment: 1/3 with order,
1/3 at the time of readiness for shipment,
the rest – on delivery.
We hope that you will find our offer acceptable and look forward to your order.
OFFER 5
Re: Your inquiry – Forklifter for export
We thank you for your inquiry and are pleased to make you, as requested, the following offer:
Forklifter B 10-20
Prospectuses and the technical passport are enclosed.
The unit is equipped for the operation inside wagons/containers.
As to the time of delivery, we regret to inform you that the period of 12-14 weeks offered by us cannot be reduced, as at our warehouses there are no forklifters available which would meet your specifications; also, the holiday our Company will have in July will certainly affect the situation.
We hope our offer meets your requirements and would be happy to receive your order.
OFFER 6
Referring to the discussion we had with our colleagues, we have worked out for you a proposal based on your inquiry.
On the basis of our General Conditions of Sale we offer you:
1) 2 U-tube Manometers
2) 2 Monitoring instruments
Time of delivery: | 3-4 weeks |
Terms of delivery: | Ex Works, including VAT; packing excluded |
Price clause: | Prices are based on current quotations of raw materials. If prices increase by the date of delivery, which will cause the increase in production costs by at least 5%, we are entitled to raise our prices accordingly. |
Payment: | Strictly net, 30 days after the date of Invoice. |
We look forward to receiving your order.
OFFER 7
In accordance with your request I am sending you our offer for personal accident insurance.
The details are given in the table of rates and services enclosed with the letter. The amounts of payments are given only approximately as detailed description would have taken too much space.
Our rates include partly those services which not all other competitive organizations render.
I would be happy to supply you with more detailed information. Please, phone.
OFFER 8
Re: Increasing Insurance Coverage
Referring to our today’s talks with you and your insurance manager, we are pleased to make you an offer for the increase of insurance coverage, as requested.
The new rate of insurance premium for the transportation by railway from Russia border to your warehouses in Czech Republic as well as onward carriage to Western Europe amounts to 2.75%, including 10% insurance tax.
We hope you will find our offer acceptable and look forward to your order.
Should you have other queries, our Mr.Kruger is at your disposal for any information.
OFFER 9
We owe your address to the Agency “…”. We believe that you may get interested in our products. We are manufacturers of air compressors.
With this letter we enclose our catalogue in which you can find the Specification and the main technical information on our compressors, though it does not cover the whole range of our products.
You will also find our price-list with FOB prices enclosed with this letter. The prices are given in US dollars. We can give you a discount of 25% off these prices. The prices include seaworthy packing.
The goods will be delivered within 2-3 months after the date of the firm order. Payment is to be made by an irrevocable Letter of Credit to be opened in our favour.
OFFER 10
We represent Durango Boot Division of U.S. Industries, Inc., which manufactures a complete line of medium-priced, high-quality boots.
Your name has been given to us as an importer of a product of this type. Enclosed is a catalogue illustrating the line.
Prices Ex-factory Franklin, Tennessee.
We will be happy to quote CIF prices once quantity and method of shipment is known. Orders must be for a minimum of 50 pairs, which can be in assorted sizes and styles. Terms are net 30 days from receipt of shipment.
Orders will receive prompt and careful attention.
Looking forward to your valued reply.
OFFER 11
Re: Offer for service
We represent a Belgian transport company, located near Luttich, Belgium. The company is engaged in transportation of iron and steel. We have 12 vehicles for international carriage (mostly to Federal Republic of Germany, France and Benelux). Our storage space is about 6 000 m2.
As we regularly transport goods to Frankfurt and its vicinity for our French and Belgian clients, we are now looking for companies in this district for which we could undertake transportation services to France and Benelux.
If you find our offer interesting, we are ready to start negotiations in Frankfurt.
OFFER 12
J. WHITE & CO. LTD.
Many thanks for your letter of 5 May. We are interested to hear that you saw our advertisement in the Camera Review, and appreciate your interest in the DERVIEW products we stock.
We are enclosing our Terms of Business, where you will find details of our quarterly discounts, and our price list for the complete range of DERVIEW products. As you will see, we can grant special terms for orders of the value you mention.
I will be in Durban myself on 17 May, and will be happy to call on you at any time in the afternoon. Perhaps you would like to let me know whether this is convenient. I will, of course, bring the complete range of DERVIEW colour transparencies, which are described in the catalogue we have sent you today.
To have lost interest
having lost the concept
to speak with the applicant so unfriendly
speaking to the applicant so unfriendly
Speaking to the applicant in such an unfriendly manner
to speak so unfriendly to the applicant
upsetting the voted power
Upsetting the voting power
to upset the vote power
that we upset the power of voting
8 The tutors succeed …the results of their research.
to let the post-graduates publish
in letting the post-graduates publishing
when they let their post-graduates to publish
In letting the post-graduates publish
9 We know that …patient and polite always makes a good impression.
Being
trying to behave
10 I can’t understand why … sources of information.
does the student deny using unauthorised
the student denies to use unauthorise
The student denies using unauthorised
the student is denying the use of unauthorising
11 The possibility of career development encourages … higher school.
the most students to study hard in
Most students to study hard at
most students studying hard at
to study hard when most students are at
Are there
Shall we
14 Admission to the course will be announced …?
In the near future, will it not
in the nearest future, will it
in future, will it
Need I to … Yes, you may
Shall I … Yes, do it
Do I need … You should
Should I … Yes, you should to
offer the job to you like the most experienced candidates
are offering the job to you because you are one of the most experienced candidate
offer to you this job as you are the more experienced candidate
Are offering you the job since you are a most experienced candidate
17 The senator … that he thought the bill … by the committee.
rose up to tell … was to be checking
had raised and told … had to be check
raised and said … must be checked
rose up to say … had to be checked
made everything seem more excitingly than it was
I.3 СТАНДАРТНЫЕ ВЫРАЖЕНИЯ В ДЕЛОВЫХ ПИСЬМАХ
I.4 ТИПЫ ДЕЛОВЫХ ПИСЕМ
Письмо-запрос(Inquiry)
Письмо-запрос (inquiry, или enquiry) компания посылает, когда хочет:
— получить подробную информацию о товарах (goods);
— узнать, имеются ли они в наличии (availability of goods);
— уточнить время и сроки поставки (delivery dates);
— получить информацию об условиях поставки и скидках (terms and discounts), способе транспортировки (method of transportation), страхований (insurance);
— получить информацию о ценах на товары (prices of goods);
— получить каталоги (catalogues) и образцы товара (samples of goods), и т. п.
При написании писем-запросов следует как можно подробнее изложить суть вопроса (to give full details), что позволит Вашему деловому партнеру сократить время на составление ответа.
В случае если Вы обращаетесь с запросом в данную компанию первый раз, в письмо желательно включить следующие пункты:
1. Указание на источник информации о данной компании и ее товаре.
3. Краткие сведения о Вашей компании.
4. Выражение надежды на сотрудничество.
Причем совсем не обязательно строго придерживаться данной последовательности. При повторном запросе в письмо обычно включается только второй пункт. Как и большинство других деловых писем, письмо-запрос, как правило, печатается на фирменном бланке, на котором указаны название компании-отправителя запроса* ее почтовый адрес, номера телефонов и факса.
Образец письма-запроса
(Sample Inquiry Letter)
Printing Equipment Ltd. 180 London Road Exeter EX4 4JY England 25th February, 2006 Dear Sir, We read your advertisement in the ‘Pet Magazine’ of 25th December. We are interested in buying your printing equipment. Would you kindly send us more information about this equipment: — price (please quote CIF price) — dates of delivery — terms of payment — guarantees — if the price includes the cost of equipment installation and staff training. Our company specializes in publishing in Russia. We have more than 50 dealers and representatives in different regions and would like to start publishing cards. If your equipment meets our requirements, and we receive a favorable offer, we will be able to place a large order for your equipment. Your early reply would be appreciated. Yours faithfully, V.Smurov V.Smurov, Export-Import Manager |
Клише и выражения писем-запросов:
К п. 1:
К п. 2:
Кп.3:
—As distributors we have a large network of …- Как дистрибьюторы мы имеет обширную сеть.
—There is a large market here for your products. – Ваша продукция найдет у нас своего покупателя.
Кп.4:
Письмо-предложение(Offer)
Письмом-предложением поставщик (the Supplier) обычно отвечает на письмо-запрос. Отвечая на общий запрос, он благодарит за проявленный интерес и обычно прилагает прейскуранты (price-lists), каталоги (catalogues) или условия типового договора (Typical Contract). Ответ на специальный запрос предусматривает ответы на все вопросы потенциального клиента.
Структура письма-предложения:
1. Повод написания.
2.Ответы на вопросы потенциального заказчика.
3. Дополнительные предложения.
4.Выражение надежды на заказ.
Отвечая на вопросы, следует дать точное описание товара, по возможности сопроводить его фотоматериалами и/или рисунками и/или образцами
Письма-предложения посылают также без предшествующего запроса, если поставщик желает привлечь внимание потенциальных клиентов или найти новых заказчиков на конкретные продукты (special products) или их ассортимент (range). Твердое предложение (firm offer) предусматривает особые условия, например, конечный срок (deadline) получения заказа и систему скидок в зависимости от количества товара и других условий.
Образец письма-предложения
(Sample Letter of Offer)
Mr. Fred Stock Purchasing Manager Printing Equipment Ltd 2d March, 2006 Dear Mr. Smurov, Thank you very much for your enquiry. We are pleased to inform you that we have a new line of printing equipment that fit your specifications exactly. The most suitable of our products for your requirements is the 90876 Printer. This product combines economy, high power output and quick charging time and is now in stock. I enclose a detailed quotation, specifications and delivery terms. As you will see from this, our prices are very competitive. If you would like further information, please contact Mr. Limington: his telephone number is 01119876009. I look forward to hearing from you. Yours sincerely, Fred Stock Fred Stock |
Клише и выражения письма-предложения:
К п. 3:
Рекламное письмо(Advertising)
Основой торговли является реклама. Поэтому одним из шагов к установлению прочных деловых контактов является обмен рекламными материалами с целью дать как можно более полное представление о той продукции (информации, услугах), которая может стать основой будущего партнерства.
Известить делового партнера о высылке тех или иных материалов (приложением к письму или отдельной бандеролью) можно следующим образом:
Концовка с благодарностью. Различают общие и конкретные выражения благодарности. Например общие:
Конкретные:
Приглашение ответить на письмо является обычной концовкой.
Предложение помощи в дальнейшем:
Заключение с выражением доброй воли:
Письмо- заказ. (Order)
КДЗ по Английскому. КДЗ по английскому. Контрольная работа по дисциплине Английский язык Студент 1 курса заочного факультета
ФЕДЕРАЛЬНОЕ АГЕНТСТВО ВОЗДУШНОГО ТРАНСПОРТА ФЕДЕРАЛЬНОЕ ГОСУДАРСТВЕННОЕ БЮДЖЕТНОЕ ОБРАЗОВАТЕЛЬНОЕ УЧРЕЖДЕНИЕ ВЫСШЕГО ОБРАЗОВАНИЯ «МОСКОВСКИЙ ГОСУДАРСТВЕННЫЙ ТЕХНИЧЕСКИЙ УНИВЕРСИТЕТ ГРАЖДАНСКОЙ АВИАЦИИ (МГТУ ГА)» |
Кафедра специальной языковой подготовки (СЯП)
КОНТРОЛЬНАЯ РАБОТА ПО ДИСЦИПЛИНЕ
Студент 1 курса заочного факультета
Ст. преп. Пантюхова Светлана Владиславовна
Москва 2021 год
2.1.1. Форма №1. Контрольная работа № 1.
I. Лексические задания.
1. Дополните предложения одним словом, начинающимся с указанной буквы.
7 Flexible h______ are good for me, because I have to take the children to school before I start work.
22 If you have a broken photocopier, call Mike.- programming department
We offer many different services, but we specializein cleaning and hygiene.
27 Adidas has several competitors / subsidiaries / products, including Reebok and Nike.
Adidas has several competitors, including Reebok and Nike.
28 Generally speaking, our employees / sales / makes are very happy in their work.
Generally speaking, our employeesare very happy in their work.
29 The company is operated / produced / based in Slough, just outside London.
The company is basedin Slough, just outside London.
30 Last year, the company’s offers / sales / nationalities increased by 10%.
Last year, the company’s sales increased by 10%.
5. Прочитайте текст и выберите слово, подходящее по смыслу.
Our company does everything to 31 meet / keepthe needs of our customers. As the leading online electronics retailer, it is important we always 32 agree / keep to our delivery dates, and get the goods to our customers 33 on time / in time. When we receive complaints about this, we make sure we 34 provide / dealwith them immediately. Sometimes we have to give customers their money 35 away / back.
Of course, we try to 36 design / encourage customer loyalty in various ways – for example, returning clients receive a 10% discount on the second order. In a survey that we 37 made / conducted last year, we found that 98% of our customers are 38 satisfied / reliable. But we want to do better, and we are now looking at ways of offering a 39 personalized / loyal service to our long-term clients. Above all, it’s vital to 40 provide / design the service that people want.
Our company does everything to keepthe needs of our customers. As the leading online electronics retailer, it is important we always agreeto our delivery dates, and get the goods to our customers on time . When we receive complaints about this, we make sure we dealwith them immediately. Sometimes we have to give customers their money back.
Of course, we try to encouragecustomer loyalty in various ways – for example, returning clients receive a 10% discount on the second order. In a survey that we conductedlast year, we found that 98% of our customers are. But we want to do better, and we are now looking at ways of offering a personalize service to our long-term clients. Above all, it’s vital to 40 providethe service that people want.
II. Грамматические задания.
1. Составить вопросы к ответам, используя слово в скобках в вопросе.
1 I work in HR. (department)
What department do you work in?
2 About 15,000. (employ)
How many employees are there in thе company?
3 I’m planning a trip to Hong Kong. (at the moment)
Where are you currently planning to go?
4 Tea, please. (prefer)
5 About six times a year. (visit Japan)
How many times a year do you visit Japan?
6 He’s Swedish. (come)
7 I’m here until next Thursday. (stay)
How long do you plan to stay here?
8 In 2005. (move here)
what year did you start moving here?
9 Not very much. (know about the Australian market)
What do you know about the Australian market?
10 Parts for car engines. (produce)
What do you produce?
2. Составить предложения, ставя глаголы в Present Perfect / Past Simple.
The job was not as easy as we expected.
17 Marcia’s most hard-working employee in this company.
Marcia’s most industrious employee in this company.
18 Our sales figures are the most low they’ve been for twenty years.
Our sales figures are the most low prices been for twenty years.
19 Our rival BJT has the bigest market share.
Our rival BJT has the most market share.
20 Market conditions are more difficulter than last year.
Market conditions are more harder than last year.
21 The less profitable of our three divisions is Europe.
The less gainful of our three divisions is Europe.
22 We need to think of ways of making our staff happyer.
We need to think of ways of making our staff joyful.
23 Can you be carefuller in future?
Can you be watchful in future?
24 The new building is best than the old one in many ways.
The new building is pretty best than the old one in many ways.
4. Выбрать правильную видо-временную форму – Present Simple / Present Continuous.
25 This week John works / is working on a big contract with Nike.
This week John works on a big contract with Nike
26 How often does your company work / is your company working with outside consultants?
How often does your company work your company with outside consultants?
27 Sorry I can’t speak to you now, I expect / ’m expectinga call from our Paris office.
Sorry I can’t speak to you now,’m expectinga call from our Paris office.
28 Are you working / Do you work very hard at the moment?
Are you working very hard at the moment?
29 The Sales Director uses / is using this room every Tuesday.
The Sales Director uses this room every Tuesday.
20 I can’t give you a decision at this time. The Sales Director thinks / is thinkingabout your proposal.
I can’t give you a decision at this time. The Sales Director is thinkingabout your proposal.
III. Чтение.
Прочитать текст.
How can social networking sites help companies?
1 Facebook and MySpace are popular social networking sites on the Internet. Millions of people visit these websites and they make millions of dollars from advertising. People use social networking sites to make friends and now some businesses are asking employees to use them for work. For example, the company Serena Software employs nearly 1,000 people. Everyone reads the company news on Facebook and the site also helps internal communication because Serena Software employees work in different parts of the world. So one employee in California can quickly contact another in the Sydney office and build a closer working relationship. The company also believes they can create better teams between the twenty-nine offices in fourteen different countries by using social networking sites.
2 Social networking sites are good for your profits because you can network with clients and tell them about new products. Human Resources departments also use the sites to help them find out about new employees and recruit them. The sites can also allow more employees to work from home or from any location. Some companies also have lower travel costs because they use the sites for international meetings.
3 Not all companies want employees to visit these sites for two reasons. Firstly, employees might contact friends and plan their social lives during working hours. Secondly, many companies believe there are security problems – you can get computer viruses from the sites and you might not want all your company information available for everyone to read online. But many businesses now believe there are more advantages than disadvantages. As one business owner said, ‘If you don’t understand the importance of social networking in the business world today, you won’t have a business in the future’.
1. Прочитайте предложения и определите, правдивы они (True), нет (False), есть ли данная информация в тексте (Non-Stated). Найдите подтверждение ответам в тексте.
1 Social networking sites are a great opportunity to make friends. (True).
Firstly, employees might contact friends and plan their social lives during working hours.
2 Human Resources departments do not use social networking sites to check new employees before recruiting them. (False). Human Resources departments also use the sites to help them find out about new employees and recruit them.
4 Many businesses believe there are more disadvantages than advantages of using social networks. (False). But many businesses now believe there are more advantages than disadvantages.
5 One can get computer viruses from social networking sites. (True). Secondly, many companies believe there are security problems – you can get computer viruses from the site.
6 LinkedIn is a popular social networking site. (False). the LinkedIn network is not popular
11 Why do people use social networking sites?- People use social networking sites to make friends
12 How many employees does Serena Software have? work in different parts of the world
Прочитать 2-й абзац и пронумеровать последовательность представления информации:
0 increaseprofits_1_ 15working from home _4_
13 online meetings _5_ 16 employ new people _3_
14 advertise new products _2_
4. Прочитать абзац 3 и определить две причины нежелания сотрудников пользоваться социальными сетями:
17 Firstly, employees might contact friends and plan their social lives during working hours
18 Secondly, many companies believe there are security problems – you can get computer viruses from the sites and you might not want all your company information available for everyone to read online
IV. Письмо.
Прочитать фразы о предстоящей конференции и составить письмо-информирование о мероприятии.
Internet Service Provider Organization – 10th annual conference (1st time in Luxemburg)
Aim of conference: To share knowledge on how to make the Internet safer.
Local organizing committee (managed by Vincent Lemaire) has done very good job.
Special guest speaker: Leading Internet Security professional, Mike Myers
Creating a safer internet for everyone to enjoy is the focus of Safe Internet Day, here are 5 simple things you can do to help.
Don’t make it too easy.
If you use the same passwords for multiple accounts, use weak or easily guessed passwords, or give out your data as a result of email phishing, you are very easily allowing hackers to steal your personal information.
Personal information such as your name, address, and date of birth can be used to create your profile, which can lead to the theft of your accounts or even identity theft.
What is the name of your first pet?
The fun little quizzes you see on Facebook and other social media accounts that can generate the name of your wizard, Jedi, or new car by simply combining your mother’s maiden name and the name of the road you grew up on are the main goals of social engineering.
Do you think it’s a coincidence that the answers you need to provide are also general secret answers to questions that you may have to use to reset your password or restore your account?
Protect your fellow internet users
Clever links and malicious content can be spread very quickly. This can be a link to a site riddled with harmful ads, or images depicting bullying.
You should report this type of content, especially when it is posted on social media. Reporting is simple, allows the host to act much faster, and can save someone a lot of heartache.
Sometimes it seems like a very good idea to share something on social media, maybe you even automatically share some things.
It’s always worth taking a minute to think: Do I need to share this? What does it say about me to someone who can view my page? Can this be taken out of context and misinterpreted?
There is still a perception that you can be anonymous online. It’s still possible with the right know-how, software and hardware, but most of what you do online can be traced back to you.
Unsecured Personal Loan Options
How They Work and the Various Types
Nigel Carse / E+ / Getty Images
Unsecured loans allow you to borrow money for almost any purpose. You can use the funds to start a business, consolidate debt, or buy an expensive toy. Before you borrow, make sure you understand how these loans work and the other alternatives you may have available.
Basics of Unsecured Personal Loans
A lender that offers you an unsecured loan won’t require any property or collateral to secure or guarantee the loan. With a secured loan, such as a mortgage loan, the loan is secured by property. If you don’t repay the loan, your lender has the right to sell your home and collect what you owe out of the sales proceeds. With unsecured loans, nothing specific has been pledged as collateral. This makes them a little less risky for you, the borrower, because the consequences are not as immediate if you fail to repay.
Lenders, on the other hand, take more risk with unsecured personal loans. They don’t have any property to sell if you don’t pay the loan, but they have other options available if they want to pursue repayment—such as, for example, taking legal action against you and attempting to garnish your wages. Because lenders take on more risk on unsecured loans, they generally charge higher interest rates than they do for secured loans.
Your credit is one of the most important factors in determining whether you’ll receive an unsecured loan. If you have good credit, you’ll pay lower interest rates and have more loan options available to you. With bad credit, you won’t have as many choices, and you may need a co-signer to get approved for a loan. Whenever applying for a loan, it’s a good idea to learn more about how credit scores work.
Loan Types
Lenders offer several types of unsecured personal loans, and each one comes with tradeoffs. Look for the loan that best meets your needs while minimizing your costs.
Signature loan: This is the most basic type of unsecured loan. As the name suggests, the loan is secured by nothing but your signature or your promise to pay. You can find these loans through banks and credit unions, and you can use the money for any purpose you desire. Just make sure you are aware of any restrictions your lenders might have regarding how you are going to use the loans to avoid legal troubles.
These loans are generally installment loans that amortize over time, so you borrow one sum of money and pay it back with a fixed monthly payment until you’ve paid off the loan. These loans make a good choice if you’ve got good credit because they generally have relatively low-interest rates. Signature loans can also help you build credit so that borrowing becomes easier and less expensive in the future. To get a signature loan, tell your bank that you’d like to borrow money using a personal loan.
Credit cards as loans: Using credit cards is a form of borrowing for many people. When you use a credit card, you don’t get a lump sum at the beginning of the loan, as you do with a signature loan. Instead, each time you use your card, you effectively borrow whatever you need whenever you need it, as you would with a personal line of credit. If you need more money at a later time, you can charge more to the credit card up to your credit limit.
Credit cards make a popular solution because once you’re approved, you can borrow money practically instantly. Unfortunately, you’ll generally pay a quite high-interest rate on credit cards. Sometimes you can get a teaser rate and borrow at zero percent for a while, but those rates eventually end. It’s easy to get in trouble with credit cards, finding yourself paying hundreds of dollars monthly in interest charges alone.
To use a credit card as a loan vehicle, check your mailbox, which is likely full of offers if you have good credit. You also search for online credit cards that offer zero percent or low-percentage-rate deals.
Peer-to-peer loan: This newer type of funding allows you to borrow from individuals, as opposed to borrowing from a traditional lender such as a bank. Several websites allow you to post a loan request online, and people have the opportunity to step in and fund your loan. These loans, like signature loans, generally have fixed-rate installment payments and competitive interest rates. They also allow you to borrow a decent amount.
Student loans: These unsecured loans offer education funding to students. They’re often a good choice because student loans have features that you can’t find elsewhere, such as flexible repayment options, grace periods, interest subsidies, and more. With some loans, it doesn’t even matter if you have good credit. However, with student loans, you must be a student and use the funds for school costs. Also, it’s important to note that student loans can’t be discharged in bankruptcy court, so you are stuck with them forever until you pay them off.
To get a student loan, start by visiting the financial aid office at your school. The folks in that office, who work with these loans every day, will guide you through the process of completing the paperwork involved and help you understand your options.
Each one of the loans in this section will have its own unique rates and terms. Use your loan calculator to get an idea of what your repayment could look like:
Which Loan Makes Sense for You?
When reviewing your loan options, decide which criteria are relevant to your decision, and consider the following:
These loans can be more attractive and cost-effective, depending on your financial situation. However, you may not qualify for a larger loan if you don’t have enough monthly income to support the lender’s requirements.
Options If You Have Bad Credit
Getting an unsecured loan with bad credit may be challenging, but it’s not impossible. You’ll have fewer choices and will likely pay higher interest rates than a borrower with good credit. If you’re having a hard time borrowing, learn about getting an unsecured loan with bad credit. If you’re not approved for an unsecured loan, try a small loan secured by cash in the bank to gain momentum by building a positive credit history.
If it’s feasible, hold off on borrowing until you’ve built your credit up to the point where you can get loans on more attractive terms. You can strengthen your credit by borrowing and repaying loans, and even small loans can make a difference. If you currently have a low credit score, be proactive about rebuilding it.