For several years you have taken out several personal loans, and you now want to reduce your monthly payments while simplifying your life.
Buying credit is the solution you need to rebalance your budget.
In the short of life it is not easy to foresee everything, there are many unforeseen events and fortunately besides otherwise life will be monotonous. Making a loan for the purchase of real estate is inevitable. Happy events such as marriage or the birth of a child, accidents in life such as loss of work or death of the spouse, unavoidable expenses such as buying a car; so many reasons that can encourage you to make credits and therefore increase your monthly expenses.
After having read all the advantages and the limits of the grouping of credits, make a simulation of redemption of credits in order to see you too the solution which will be proposed to you.
The credit buy-back simulation: an essential step
A simple click and you are on the page to complete your simulation.
Make your credit buyback simulation:
Making a loan buyback simulation is an essential step in the loanbuyback project. You are the borrower or the co-borrower and you must fill in the online study form also called simulation, it is simple, quick to use and above all it is very important to do it correctly.
The simulation of credit repurchase at first makes it possible to get to know you and to become aware of your needs. The more precise the information that you communicate to us, the more we can simulate you as closely as possible.
The simulation is completely free and without any commitment. Save time, no need to run or travel, simulate your online credit buyout to have your proposal in the minutes that follow.
The advantages of buying back credits:
There are several advantages to making a grouping of credits, it all depends on how you are financially.
Account management is the main reason for redeeming credits. Once your credits consolidate into a single loan, it is much easier to have a single monthly payment of credit rather than several withdrawals from his bank account and from several credit organizations and on different dates.
The end of the month is much easier to manage and you no longer have to worry about knowing the amount of all credit withdrawals because there is only one line of credit. No more risk of default on your bank accounts because you know that your new monthly payment can be debited. The advantage of grouping your credits with one of our lenders avoids you changing banks, the withdrawal of the new monthly payment is made from your current bank account.
The drop in monthly payments:
Lowering your monthly credit is just as important as good financial management. The loan repurchase makes it possible to consolidate and redeem all the remaining capital due and the fact of extending the duration this makes it possible to reduce the monthly payment. The new monthly payment will be much lower than all the ones you currently have, if you stay on the same loan amount. The new term will depend on the type of loan repurchase whether it is a consumer loan or a mortgage, and also on the amount of cash backed by the new loan. Your remainder will be increased and you will be able to plan for the future again.
More advantageous rates also encourage a reduction in monthly payments. Revolving credits have very high rates and it is very hard to settle them because, conversely, it is very easy to be tempted to unlock the reserve of money as soon as a small grain of sand taints the account statements. The new loan buy-back is a repayable loan with a start date and an end date, so it is no longer possible to withdraw money as on a revolving credit.