An application for consolidation of interest is a document that we should submit to the hands of our creditor when we do not deal with the repayment of interest for the debt incurred on our side. Let’s remember to write a letter about debt cancellation yourself. An individual presentation of the problem and arguments will be better taken away.…
Purchase of credits Companies offers you the possibility of grouping several outstanding credits like a real estate loan, a consumer credit or a revolving credit … and possibly a new project. Real estate loans are detailed in the section “The purchase of real estate loans “. With such a purchase of credits, you manage your budget more simply and thus…
If you can no longer pay off your debts, you can go bankrupt. A bankruptcy means that almost all your belongings will be seized and that these will be sold at a bankruptcy auction by the bankruptcy trustee. When do you go bankrupt? A bankruptcy is pronounced if you can no longer pay your debts. In the event that two…
Everyone may have experienced it before, in some cases it is almost impossible to meet their financial obligations. Hardly paying one loan, the next five are waiting to remind you of your former indiscretion with your interest. If you still have enough money and you live without much limitation, nothing really happens, you will repay everything in the foreseeable future.…
With the current financing conditions and the prospect of reducing its monthly payments, is the acquisition of loans an interest for French households? Our experts offer you a complete tour of the subject to give you a more precise idea of the consolidation of loans. How the loan pooling works Firstly, consolidation and regrouping of loans means the…
What is a consolidation operation? Definition Debt consolidation or loan redemption is a financial operation that aims to consolidate several loans of different durations and rates, in a single operation, in order to obtain a lower monthly payment , but over a period of time. longer repayment . Debts that can be grouped It is possible to integrate all loans…
Consolidation loans A consolidation loan is when you pay out one loan some smaller loans. In general, the interest rate will be lower, and a good consolidation loan will provide a fixed rate that will not fluctuate with the market. A consolidation loan can be a signature loan with no collateral or it can be linked to something like a…