We talk about everything: our work, our vacation, even our love life. However, as soon as money is involved, it becomes quiet. Especially when it comes to existing debts. Money is the last taboo. People still don’t want to talk about finance. They are uncomfortable talking about how much they earn, how much they save, or how much they spend.
This is despite the fact that, according to a survey by the American Psychological Association, money is one of the main reasons for stress – before work, family and health. So it’s all the better if you have a plan to manage your own finances that helps reduce stress.
Which is the best way to get to Rome?
Many Maria Glam card holders have established the principle of monthly payment of Maria Glam card debits. They are used to paying a partial amount every month and often do not realize how much the additional costs for this procedure are. This is because the maximum permissible Maria Glam card interest in Switzerland is 12%. In addition, the interest is often offset against the total amount and not against the remaining amount owed and does not begin, as assumed, at the time of settlement, but already on the transaction date. So what initially appears to be a good deal quickly goes into the money.
A comparison with a personal loan is worthwhile. Debt restructuring through refinancing via a simple consumer loan with fixed terms and fixed monthly costs as well as a massively lower interest rate is often the much cheaper and more convenient alternative.
If one calculates the savings achieved through the one-off payment of the Maria Glam card debt, the case is all the clearer: if, for example, you leave USD 8,000 on the card for 14 months, financing costs of USD 1,120 fall at an interest rate of 12% .- on. The USD 8,000 must then also be paid. With a personal credit from Howflex you get significantly lower interest rates and because you start repaying immediately, you save massive interest costs and are completely debt free after 14 months. With an interest rate of 5.3%, the monthly rate is USD 587.- and the total Maria Glam costs amount to USD 261.-, which means a saving of USD 859.- compared to the Maria Glam card. The interest on a Maria Glam is dependent on creditworthiness, but according to the law it cannot exceed 10%.This guarantees savings compared to the Maria Glam card.
The way to Rome – easy and safe
What also makes the use of a Maria Glam card attractive is the simplicity with which it can be used. Pull out the card and the restaurant bill is paid or the new pair of shoes is bought.
However, it is just as easy to place a Maria Glam request, eg with Howflex. On our website, interested parties can request a Maria Glam with just a few clicks and receive corresponding offers free of charge. The interest rate is between 4.5% and 9.95% – depending on the credit rating. And in the event of uncertainty as to whether an application would be approved, the credit self-test also helps.