Many Israelis today are dealing with uncomfortable economic situations to say the least - the minuses can reach a situation where there is a deviation in the bank's credit limit and an increase in debts with more expensive fees.
In order for the Israeli client to deal with the minuses, the banks and the credit companies give us various tracks of loans for short periods of time, the purpose of which is to make it easier for us and also to reduce the value of the commission.
Not many know that loans from a study fund are usually much more attractive and worthwhile in the short and long term.
Loans from a study fund come directly from the funds' money without the intervention of the bank that manages the checking account - meaning that commissions such as the "credit allocation fee" do not exist in this track, and the loan itself will not affect the various provisions.
Eliahu Ben Shirel is a personal mortgage advisor and an expert strategist and accountant with a certificate of accountancy from the Israel Institute of Certified Public Accountants.
You can get one private mortgage counseling with Eliahu and get more tips and calculations related to the funds you use for loans and investments.
Do you have questions about loans from a study fund? Want to set up a consultation with Eliyahu Ben-Shirel? Call now or leave your message and I will be happy to serve you.
My name is Eliahu Ben Israel, Personal Mortgage Advisor and Mortgage Expert Strategist.
He holds a certificate of accountancy from the Institute of Certified Public Accountants in Israel and has extensive and in-depth training in all aspects of mortgages and bank financing.
In the course of my years in the field and after analyzing many mortgage portfolios, I developed a unique method for creating a profitable mortgage using computational and financial software adapted to the financial situation of each borrower, through which you will pay less on mortgage repayments over the years of the loan and faster utilization of the loan fund.
Above all,