The different combinations of credit

The excessive debt applies to all categories of family, the more modest rates. The operation is well known and often usual:
Loan after loan, the money needs lead the family to live on the "tightrope". The difficulties in repaying their loans to deadlines cause costs. Revolving loans are made available to restore the accounts and is the downward spiral that can lead to the liquidation of assets so hard up.

The consolidation of credit is intended to consolidate your loans (personal loans, purchase mortgage, tax liabilities, etc.). Into one loan, which reduces the monthly credit to 60%. It allows you to recover a stable financial situation and quality of life in relation to its resources, while preserving its heritage. It encourages the purchase of savings and may include funding for new projects.

HERE ARE THE PURCHASE OF CREDIT you can subscribe to:

-Back of all credit short for owners: You own your property or home ownership, your debt load is too heavy or simply, your budget becomes too burdensome to administer.

-Back of all credit in short, no guarantee: You get regular income from a stable situation and your current debt is out of proportion to your current resources.

Renegotiation of mortgage-only: Your debt is less than or equal to 40% of your earnings and you want to take advantage of lower interest rates.
Generally two types of formulas are available. There is the classic formula that combine all your loans into one loan spread over a defined period of 10, 15 and over. The formula also includes saving your credit, but on a constant prime rate loan over a period of up to 30 years. It is combined with a savings account which allows you to repay this amount over the life you want. It allows you to enjoy a monthly credit lowest and administer the duration of your rebate based on your financial situation by increasing or decreasing your monthly payments. This has the effect of lengthening or shortening the term of your consolidation loan.

To carry out its takeover of credit in the best possible conditions, it is important to respond as soon as possible. Even under a very high debt consolidation loan is feasible, but the treatment of this type of file consolidation loan is usual a little slower.