Halting the asset with the debt consolidation loan

Over-indebtedness is a difficult situation in which a person finds himself unable to pay its expenses (payment of rent, electricity, loans taken ...).

Cases of over-indebtedness are now linked to the deterioration of the financial and social situation of households in contrast to the period 1990 - 1995 which was the original bank.

There are two types of debt:

_ The debt liability for accidents of life:

• Unemployment
• Lower income
• Separation and Divorce
• Sickness and accidents
• Death

_ The debt assets: related to the accumulation of charges, the excess credits without changes in income.
Excess consumption credit, personal credit, credit car, reserve money are often the main causes of over-indebtedness assets.

The debt can often find solutions in the acquisition of loans contracted.
However, the number of requests for redemption of loans is such that the selection is severe. In general, the new debt should not exceed 30-35% of maximum household income (including rent possible).
The ability to offer a solid guarantee (bond or mortgage) increases the chances of obtaining a debt consolidation loan.

The use of an intermediary bank or online broker can be very useful for obtaining a debt consolidation loan.

The intermediate bank (IOB) offers customized proposals advantageous because they are mandated with various financial partners.