Consolidation loans for bad credit -I need to consolidate my loans todayPayday loan debt consolidation
Applying to a payday loan consolidation allows you to compete with several loan buying organizations to select the best financial offer based on your situation, your income, your monthly expenses, and your needs. After more than 20 years of expertise and practice, Bolanos now has a sophisticated master’s degree in loan consolidation and creditor insurance.
I need to consolidate my loans today
The repurchase of credit makes it possible to group several loans in one to simplify the management of its budget and to lighten its monthly payments. This makes it possible to obtain a loan at a lower fixed rate than before and at the same time lengthen the repayment period. The loan consolidation is, therefore, a solution to reduce its monthly payments and to free itself from the weight of the monthly debts too important. We are specialists in loan consolidation, we know how to help you.
The lightening of the monthly payments also makes it possible to save and obtain additional cash which meets a particular need, such as the financing of works or the purchase of a car … The redemption of credit applies to the credits revolving, fixed-rate credits, floating-rate credits, mortgages, personal loans, tax arrears, tax liabilities, rent arrears, bank overdrafts, redemption of cash, LOA (if greater than 1 year), Notary fees … and all types of profiles: individuals, professionals, tenants, owners and housed.
The purchase of consumer credit
Lighten up your monthly payments with the purchase of consumption credits, this type of transaction concerns both tenants and owners. Single, couple, divorced, civil servant, employee or independent, whatever your family or professional situation, the purchase of credit can concern you. It allows you to find optimal budget management with simplified monthly payments: a single loan, at a single fixed rate, over a specific period to a single interlocutor.
You can group your credits if you are between 18 and 84 years old and if all your credits are between 1500 € and 150 000 €. We talk about consolidation of consumer credit when the share of real estate loans to buyback does not exceed 60% of the outstanding capital, beyond that, it is a grouping of the mortgage loan.
Redeeming real estate loans
Grouping your loans in order to access the property for the first time or to buy a second home is possible! A request for cash integrated into a loan buyback process can be a way to finance real estate with the possibility of including the various credits already contracted (conventional personal loan, revolving credit, car loan, mortgage, project credit works).
If you are already a homeowner, consolidating multiple loans with an immo loan can also be a way to renegotiate the rate of your current home loan. We are talking about the purchase of consumer and real estate credit when all the loans to be taken back concern both consumer loans and one or more mortgage loans with or without mortgage guarantee.
The purchase of credit with a single salary
The purchase of credit alone or with a single salary is possible, contrary to popular belief, it is quite possible to make a loan buyback with a single salary, to the extent that you are on a permanent contract and that you respect the prevailing conditions set by the banking institution. But before making a consumer credit with a low income or a single salary, it is useful to make a quick history of your account.
Indeed, creditors look at things like your debt ratio, for example, to determine whether or not they can lend you the money you need. The debt ratio is determined by comparing your monthly resources against your monthly expenses, it must not exceed 33% of monthly income.
Renegotiate your mortgage
With the rate cut announced by the ECB for 10 years, it is now possible to take advantage of this rate cut to renegotiate the rate of your credit and your borrower insurance. If you have real estate loans with credits, the repurchase of credit can be a way to renegotiate the rate of your home loans, to lower the total cost of credit since the overall rate or fixed taeg of all of your credits will be renegotiated.
Redeeming credit with a cash reserve
As part of a credit redemption, you can get an extra amount of money included in the total amount of the new credit. It makes it possible to concretize projects while remaining in its capacity of refunding. When a cash loan is redeemed, this additional amount is included in the total amount of the new and single credit obtained.
This formula is a way to build up working capital to carry out future projects such as the renovation of his house, the purchase of a car, the financing of studies, the anticipation of his retirement … but also to guard against unforeseen personal or professional life.