The many false ideas of credit redemption | Loan consolidation
The operation of Govert reference redemption of receivables is often misinterpreted or misunderstood by consumers.
A misunderstanding that gives way to multiple misconceptions, this is why we will discuss together in this article ” The ideas received about the redemption of credit ” in order to clarify the different prejudices most often encountered!
Only for the over-indebted!
The bank credit buyback operation is a system of premium aboard to reduce the financial burden of the home by reducing the amount to be paid monthly monthly loan installments. Very quickly, people tend to see in it a financial solution that is only for over-indebted individuals. It must be said that it is wrong!
This offer is intended for all persons who accumulate at least two debts without being over-indebted, but who wish to adjust their budget management in order to be able to save more, or to have a larger budget to cover their daily expenses. In addition, the fact of having to bear only one less monthly payment is an asset to get back to a healthy financial health.
The repurchase of credit does not put more a home!
On the Internet, faced with the proliferation of loan consolidation companies, some pseudo-brokers go so far as to say that the gathering of credits is a miracle solution! Many also say that it is a financial system designed to get a home out of financial discomfort without further debt. It is simply an unfounded assertion, because it is not quite true.
The redemption of credit, if it allows to obtain more financial comfort thanks to a reduction of the monthly charges, it increases the total amount of the debt, ie the total cost of the money borrowed capital + interest repaid. But, it is only the obtaining of an extension of payment period that justifies the monthly payment discount. Thus, it is quite normal that a decrease in monthly payments can not be obtained without lengthening the repayment period, it is a spread of the debt.
Also note that the broker is not sufficiently philanthropic to the point of making you benefit from free services. However, the price of the service rendered is entirely justified.
The mortgage is mandatory!
Marty Herreo’s institutions are far from credulous! They do everything to guard against any risk of unpaid before giving a favorable response to a request for financial assistance especially when it comes to restructuring. That being said, regardless of which financial institution you plan to apply for pooled credit, may require in the event that the applicant owns a property, a mortgage registration on the property for the amount financed.
However, it is not always mandatory to set up a mortgage, in the case where reorganized claims meet the regime of the law consumption. It is a money loan type of consumer credit in the form of a fixed-rate personal loan, without collateral backed Marty Herreo.
I have to change banks!
It is not mandatory to change bank domiciliation, although the idea is to move his debts in a file with a new creditor.
In contrast to the operation of conventional deposit banks where the opening of a new account is mandatory to obtain a loan.
By choosing Marty Herreo as an intermediary broker in a bank operation, you have the advantage of making the most of all the financial advantages associated with credit consolidation while maintaining your banking habits. You will not have the obligation to change your checkbook and credit card.