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Borrow money for a one-time purchase?

Sometimes you want or have to do a large expense and prefer to pay it in one go without running out of your savings. Consider, for example, buying a new car, making a planned trip around the world or furnishing a baby room. You can choose to borrow money once. That way you can directly realize your dream.

Personal loan

Personal loan

The personal loan is the most chosen when it comes to one-off financing. You borrow the amount you need in one go and receive it directly on your account. This way you can make your one-time purchase. You then pay a certain amount in installments each month. You choose a monthly amount that you think you can pay off. The lender will calculate for you whether this is a responsible amount in your situation.

The major advantage of a personal loan over a revolving credit is the certainty that this form of loan offers. For example, with a personal loan, the loan amount, the term and the interest are fixed. This prevents you from borrowing more than you actually needed. You also know in advance exactly when you will have repaid the loan in full, because you also fix the term of the loan. And finally, you cannot be surprised by rising interest rates. This is fixed during the term of your loan.

Did you know that: the average loan amount for furnishing a home is € 12,500?

Revolving credit

Revolving credit

In addition to the personal loan, you can also opt for a revolving credit. This offers just a little more flexibility than a personal loan. It can be the financial support or just that little bit more freedom that you need temporarily. If you opt for a revolving credit, you agree a credit limit with the lender. That is the maximum amount that you can withdraw. Now with a revolving credit it is possible that you can withdraw the repaid amounts. You decide when and how much money you withdraw. And you only pay interest on the amount that you actually borrowed. The term is not fixed, so there is no fixed deadline by which the loan must be fully repaid.

Borrowing money on purpose

Borrowing money on purpose

When you have a new car in mind, you prefer to buy it immediately and pay it off at the dealer so that the car becomes your full property. A good option is to borrow the one-off amount of money that you need. Be careful not to take hasty decisions and not take the first loan that seems interesting. You will also have to take the time to compare different lenders. You do this by requesting quotations and putting them side by side. Do you have a specific offer that you would like to agree to? Then read the obligations and risks of this one-off financing carefully again. This way you avoid signing for something that you will regret later.

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Can I pay extra? | Repay loan

When you take out a loan, you also want to know in advance whether you can repay the loan in whole or in part. Are fines still attached to this or can this be done free of charge? In this article we will tell you everything you need to know about (accelerated) repayment of your loan.

Extra repayments in the meantime

Extra repayments in the meantime

Paying extra in between is always a good idea. You ensure that you pay off the loan faster than agreed. In other words; you shorten the term of the loan. By shortening the term, you pay less interest in retrospect and the loan is therefore cheaper. You also reduce your monthly expenses, leaving you with more money for something else.

Repay the revolving credit earlier

Fixed some extra repayments on your revolving credit ensures that you have repaid the loan earlier. You can make additional repayments with a revolving credit throughout the entire term. If you still need this amount repaid? Then you can record it again. Of course you should not continue doing this endlessly, you will never get rid of your revolving credit.

Paying extra on a revolving credit is always free of charge. You only pay interest on the loan amount instead of on the total amount of the loan. If you pay extra, the lender cannot earn less than expected.

Repay your personal loan earlier

You can repay extra on your personal loan by reporting this to your bank. The nice thing is that immediately after you have repaid extra your monthly expenses will go down. And it is just a nice idea that the debt that is still outstanding at the bank is already somewhat lower. Please note that you may not withdraw your repaid amounts, so you have ‘lost’ this money.

Nowadays, paying off the personal loan can be free of penalties almost everywhere. Do you choose to pay off your personal loan faster and to shorten the term? This means that the bank can charge interest for the borrowed money for less than expected. Do you decide to pay off the entire loan in one go? Then you have to take into account that the amount to be repaid is the loan amount excluding interest. After you have repaid this loan amount, contact your bank. They calculate for you how much you still have to pay in interest. If you have also transferred that amount, the loan is fully repaid.

How do I pay off my loan earlier?

How do I pay off my loan earlier?

You can make extra repayments on your loan in various ways.

  1. Repay via your digital banking environment.
    This is a personal and secure environment where you can manage your banking affairs from the comfort of your home. To make additional repayments, look for the ‘Repay immediately’ link.
  2. Pay off via iDEAL.
    If you do not like using your personal banking environment, you can also choose to pay directly via iDEAL. This option is often offered on the website.
  3. Repay by bank transfer.
    If you do not like both options, a transfer is a good alternative. The IBAN number to which you need to transfer the amount is clearly stated on the website and / or bank account. Do not forget to clearly state your contract number and name with the transfer.

How long does it take for a repayment to be processed?

How long does it take for a repayment to be processed?

It is difficult to say exactly how long it will take before an additional repayment is processed. This is because the processing time differs per bank. In general, repayments are processed within a few working days. This is also visible in your online banking environment. That way you can easily check whether the extra repayment went well.

Buffer left

Buffer left

Are you thinking about paying extra? First check with yourself whether you can really miss the money. It is important to always have a buffer available for unforeseen issues such as a broken car or dishwasher. It would be annoying if you could not have the repair carried out immediately because you had repaid too much of your loan with that savings.

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Big debt risky? – Loan consolidation

When you take out a loan you have to think carefully about the conditions that apply. Is the interest at the right level, how often do I have to pay off and of course: can I afford it all? If you think about this well in advance, there is nothing wrong. But some people do not always succeed.

Debt counseling by the municipality

Debt counseling by the municipality

For them, rising debts are a problem. Local governments are now trying to do something about this. For example, the Debt Lab started in The Hague last year. The municipality of The Hague and other parties are working together on this to help people who are stuck in their debt problems. This includes all age groups. The Debt Lab has something special for young people. The Lab takes over the debts from them and in return these young people invest in themselves. They work as a volunteer and follow a course. The initiative of The Hague seems to be replicated in the other major cities.

Government debt and its value

Government debt and its value

While the average debt of people involved in debt counseling is 39,000 euros, our national government seems to make it all a lot more colorful. Many citizens are afraid that our pivotal government will saddle the children with a future debt that is untenable. Yet it is just how you look at it. What is usually forgotten is the other side of the matter. After all, the government invests the borrowed money in our society. Our ‘improved’ society will also inherit our children. Viewed in this way, they will also receive extra value in the future.

Speed ​​with which government debt grows

Speed ​​with which government debt grows

The main thing is the extent to which the government exceeds its budget. As long as the speed with which the government borrows money keeps about at a pace that is consistent with the development of tax revenues, there is actually not much going on. Moreover, a large part of the government debt is also in the hands of Dutch residents. If our government repays its government bond, the money flows directly into our economy.

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Association for drug trafficking | Understand crime

Understand the crime of association for drug trafficking

The association for drug trafficking is, in fact, an association for the practice of the conduct defined in article 33 (both in the caput and in paragraph 1), as well as in article 34 of the Drug Law, which deals with machinery, instruments and other objects intended for the manufacture of drugs, for example.

Let’s see what the legal text says:

Art. 35. Associate two or more persons for the purpose of practicing, repeatedly or not, any of the crimes foreseen in arts. 33, caput and § 1o, and 34 of this Law:

Penalty – imprisonment, from 3 (three) to 10 (ten) years, and payment of 700 (seven hundred) to 1,200 (one thousand and two hundred) fine days.

Single paragraph. In the same penalties of the heading of this article incurs who associates to the reiterated practice of the crime defined in art. 36 of this Law.

It is therefore perceived that this is a crime that closely resembles that of criminal association typified in article 288 of the Criminal Code, because the two are plurisubjective crimes, that is, they require more than one agent for its configuration.

To be more specific, the two types of criminality require a union of persons aiming at delinquency, and the association of the Drug Law has a specific purpose (the practice of crimes in articles 33 and 34); while the association of article 288 of the CP refers to crimes in general.

It is also interesting to note that, with the criminal type creation of article 35 of the Drug Law, article 8 of the Law of the Hediondos Crimes was impaired, since this article establishes that the penalty of the crime of criminal association of article 288 will be from 03 to 06 years of imprisonment when the purpose is to commit the crime of drug trafficking.

Characteristics of the association for drug trafficking

Characteristics of the association for drug trafficking

With regard to Article 35, it is possible to cite as its characteristics:

a) minimum involvement of two people: as stated, we are facing a plurisubjective crime. Unlike the crime of criminal association, of article 288 of the CP (which requires a minimum of three persons), only two persons are required for their configuration;

b) specific purpose: in the present case, the association is not for the practice of any crime, it is necessary the intention to commit any of the crimes foreseen in arts. 33, caput and § 1, and 34 of the Drug Law.

c) unnecessary delinquency reiteration: the legal text states that the associates want to commit crimes repeatedly or not. Thus, contrary to what happens in the crime of criminal association of the CP, it is not necessary the intention of repetition of the crime.

Stable and lasting association

It should be pointed out that, since the criminal type requires an “association” to the practice of drug trafficking, doctrine and majority jurisprudence, although article 35 does not require the purpose of criminal reiteration, they consider that a prior adjustment is necessary between the parties, an asso- ciative animus, making the competition of agents merely occasional does not characterize said crime.

In this sense, the predominant understanding is in the sense that this association must have the objective of being stable and durable for the configuration of article 35, unless otherwise it will be a mere contest of agents.

It is worth mentioning that the STJ already has a thesis signed in this sense, namely that “For the characterization of the crime of association for trafficking is essential to associate with stability and permanence,” as seen in the judgments given in HC 235247 / SP; in HC 270837 / SP; in HC 286219 / PE; in HC 271723 / MG; in HC 260330 / SP; in HC 137535 / RJ; in HC 248844 / GO; and HC 239965 / RJ.

Consummation

Consummation

With regard to the consummation of this crime, the analysis of the type shows that it is a formal crime, which is consequently consumed by the mere union of those involved, that is, when they associate themselves (in a stable and lasting way for the practice of drug trafficking).

Thus, even if they are detained before the practice of the first drug trafficking, they will already be involved in the criminal type.

It is important to note that the STJ also has a solidified thesis on this issue, that is, that “For the configuration of the crime of association for drug trafficking, provided in art. 35 of Law no. 11.343 / 2006, the seizure of drugs in the direct possession of the agent “, according to the Judgments given in HC 441712 / SP, is irrelevant; in RHC 93498 / SC; in HC 432738 / PR; in HC 137535 / RJ; and HC 148480 / BA.

In turn, there will be material competition with the crime of trafficking when, after the association, they effectively come to commit any of the crimes of arts. 33, caput and § 1, and 34 of the Law.

Attempt

Attempt

As for the attempt, I understand that it is not possible, mainly because it is a formal crime, so that the agreement of wills between the members will consummate the crime; otherwise, the fact will be considered atypical.

Penalty and penal action

Penalty and penal action

The penalty provided is from 03 to 10 years imprisonment, in addition to 700 to 1,200 days-fine.

Moreover, according to article 44 of the Law on Drugs, we are faced with an unsafed and unsustainable crime of sursis, amnesty, grace or pardon.

Regarding the possibility of replacing the custodial sentence with a restriction of law, in spite of the fact that the specific law states that it is not possible, the STF declared the unconstitutionality of that part of article 44 when judging HC 97.256 / RS, in September 2010.

Thus, if the sentence set in the sentence does not exceed 4 years, it will be possible to substitute a restrictive sentence, in accordance with art. 44, I, of the Criminal Code, provided that the circumstances of the crime indicate that the measure is sufficient for the prevention and repression of crime (article 44, section III, of the CP).

With regard to conditional release, the provisions of article 44, sole paragraph, of Law 11.343 / 06, that is to say, provided that two thirds of the sentence is fulfilled (and provided they are not specific repeat offenders).

The Superior Court of Justice has already ruled that, although it does not have a hideous nature, the rule in article 44, sole paragraph, of the Drug Law remains intact:

Regardless of whether it is heinous or not, there is a law defining a more rigorous lapse to obtain conditional release in conviction for the crime of association to trafficking. It is necessary to fulfill 2/3 (two thirds) of the sentence, in accordance with what is established in art. 44 of Law no. 11,343 / 2006, not applying the provisions of art. 83, incs. I and II of the Penal Code. (STJ – AgRg no Resp 1,469,504 / RJ, Rel. Min. Reynaldo Soares da Fonseca, judged on 01/09/2015, DJe 08/09/2015).

It should be mentioned that, after the advent of Law no. 11.464 / 2007, which no longer prohibits provisional release for heinous crimes, there is an understanding that the concession is also applicable to trafficking, even though the special law says otherwise in relation to such an offense.

In addition, since 2012, in the judgment of HC 104,339-SP, the STJ has declared the expression “and provisional freedom”, contained in the caput of Article 44 of Law 11,343 / 2006, mainly because it is “incompatible with the constitutional principle of presumption of innocence and due process, among other principles. “

Heinous crime

Heinous crime

Lastly, with regard to the heinousness of crime, both the Superior Court of Justice and the Federal Supreme Court have understood that the crime of association for trafficking is not treated as heinous for not being mentioned in art. 1, sole paragraph, of Law no. 8,072 / 90.

Thus those convicted of this crime will be entitled to progression of regime according to the common rules of the Criminal Code, that is, 1/6 and not 2/5 or 3/5, as established by the Law of Heinous Crimes.

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