Monthly Archive: August 2019

How does new projects through the redemption of credits? | Loans

Credit redemption is without context the number one financial solution for over-indebted households. It is also a privileged way to use a new cash envelope without much impact on the family budget. More and more French households are seeking the advice of a mortgage broker. This demand is now motivated by reasons other than the fear of over-indebtedness.

Anticipate a change of situation thanks to the purchase of credits

Anticipate a change of situation thanks to the purchase of credits

The redemption of credits has returned to the mores of the French. From now on, this financial transaction is set to face a change to come with confidence. Indeed, an upheaval in personal or professional life can trigger financial problems and lead to budgetary asphyxiation. To avoid such a situation, the financial restructuring is very useful. The aim is to reduce the burden of financial burdens in the family budget in order to prepare for a possible decline in income. As a result, many borrowers have taken out loans in anticipation of an impending retirement, which is synonymous with declining household income.

Redeeming credits for a new life and get off to a good start

Redeeming credits for a new life and get off to a good start

Without having a debt ratio that exceeds the established standards, it is possible to wish to reduce its indebtedness to benefit from a new breath. Household debt remains a very subjective subject. It depends on the number of people in the household, their age and of course the lifestyle. In this sense, the purchase of credit is a solution for everyone including borrowers with a low debt ratio. All the same, that in this case the offer panel will be wider.

A new cash flow to continue to realize its projects

A new cash flow to continue to realize its projects

The main reason cited by loan consolidation applicants is the need for new cash. Indeed, it is not uncommon for borrowers whose debt ratio is critical, are denied another Harry Angstromment by their bank. In this case, it is necessary to use the services of a broker specializing in the purchase of credits. The latter establishes partnerships with the banks specialized in financial restructuring to find the most suitable solution to the wishes of the borrower. The repurchase of outstanding loans is often coupled with the release of new cash to materialize new projects in the short term or to provide a safety mattress in order to face the risks in the future.

Don’t fall into a debt trap. Borrow money only for essential things?

Loans today are something that is as readily available as when you go to shop for rolls. Of course, this is a bit exaggerated, but it largely reveals the accessibility of the credit market. Yes, after all, banks are more armored against all clients and do not lend to everyone. Conversely, non-banking companies with their higher interest rates are open to almost anyone.

Even a small loan can be a big deal!

Even a small loan can be a big deal!

This is to say that it is quite easy to get a loan at present. Every person with a different life situation achieves at least one of the commonly available loans.

Short-term loan in the amount of several thousand crowns with maturity for the next month. Long-term loan in the order of tens to hundreds of thousands of crowns with maturity for long years.

There is no problem to create a financial obligation to a bank or non-banking company. But the important thing is to know if something like this is good to do?

You must always think about loans!

You must always think about loans!

Do you need as much money as you want to apply for? Do you spend them on a useful thing or is it just your whim and disinterest in saving your own savings for a long time? Do you have sufficient financial income to be able to pay such obligations even in the event of an undesirable life situation, a loss of work, a child being born and so on? You have to answer all of this before succumbing to the euphoria of easy money or things.

 

You have to realize that loans for Christmas gifts, holidays and other things of this type are just a short-term delight that you will repay for many more months to years. And it will not be as pleasant as at Christmas when you unwrapped gifts that you did not have and which may be unnecessary. A loan is an important decision and should always cover meaningful things that relate to existential problems, are inevitable, become an imaginary investment and benefit you in life.

  • Repair a broken car that you drive to work every day.
  • Investment in housing. You build it according to your wishes and increase the value of the property.
  • Pre-payday loans for unexpected expenses such as gas, electricity and the like. Always with a short maturity to the next month.

Rules of reliable lending

Rules of reliable lending

If you are in the category of applicants who really need and help money, then remember that the market is indeed diverse, and besides reliable lenders you may come across a lot of disadvantageous products. If you do not have enough money reserve to finance any things, always choose a loan based on one important parameter. This is the APR, or annual percentage rate of charge. This tells you a lot about how much you will overpay. You should also find out from the clear terms and conditions. Beware that the provider does not reserve the right to too high fees for individual operations associated with the loan and how it resolves subsequent disputes in the event of default. Basically, you should always know how much you borrow and how much you will ultimately pay back to your bank or non-banking company. Rules to stick to.

 

How to manage my debts? | Debt consolidation

Do you want to think about how you are going to pay your debts? Perhaps what you need is to have a financial management plan, organize with payments, prioritize accounts that have higher rates and, if necessary, ask for a Good Finance advance at a more convenient rate so that interest doesn’t kill! So this article will be useful if you recently notice that your finances have gone astray and you need to be economically ordered to manage your debts and income. Here are some tips that will help you:

Keep a list of your debts

Keep a list of your debts

Either a debt you have with the storekeeper, with the bank or with which the gas provides you. Any debt you have must be accounted for on your list. This will be your guide to know the exact amount you owe and the interest rates you have to pay. Do not be scared by the total, but in order to manage your debts in an intelligent way, you have to be able to study it and set priorities.

Keep in mind the payment dates

It is important to pay on time so as not to continue accumulating debt! Try to plan to have the money before the expiration date, so if an unforeseen event arises you will not be racing and cutting expenses from other sectors.

In other articles we talked about the importance of keeping a daily budget that helps you distinguish which expenses are a priority and where you can cut or save some extra Good Finance. No one better than you will be able to detail this type of expenses, so you will have clear accounts.

Avoid temptations to spend too much

If you want to win in the management of your debt you have to avoid spending more! so stick to the expenses you have in the budget and don’t be tempted to pass the credit card! Better leave her at home.

Reduction of luxuries and leisure plans

Reduction of luxuries and leisure plans

Saving implies sacrifice. If you do not want to spend your life paying debts, you must give up certain luxuries, at least for a while. Here are some ideas where you can save money ex a: Take your lunch to work for a while, try to eat at home and avoid taking taxis to transport you. Then there will be time to buy clothes, makeup, decorate the house or leisure trips every festive bridge.

An extra Good Finance ticket

An extra Good Finance ticket

If, despite the fact that you follow all these tips, you cannot cancel your debts, it may be time to think about another strategy. In Good Finance you can access a quick personal loan so you can use whatever you need. In this way, you can get extra money and cancel debts that generate more interest or you need to cancel urgently.

If you want to know more about how to cancel your debt, we recommend you read “How to get out of debt, discover what you should not do”. We hope that all these tips help you succeed in managing your debt!