Credit institutions have broader, more extensive acceptance criteria in products such as credit redemption, so easy acceptance can be considered, but it is important to know where to go to find the best deals.
Credit redemption and easy acceptance
The setting up of a loan repurchase case is complex, whether it is to buy a mortgage only or to buy several credits, in order to reduce the monthly payments. It is necessary to establish a request, that an adviser establish a feasibility and especially to make sure that the plan of repayment is adapted to the borrower. The investigation of the file will therefore require a dozen supporting documents to validate the final funding. What is more, old credits must then be repaid early by the buying agency.
Being accepted in the context of a credit redemption is not easy, but fortunately, online services offer to compare at the same time the different offers on the market and especially to direct its demand towards banks and banks. Brokers who accept more easily than others, simply because they better control this mechanism and have a better knowledge of the market.
How to accept a credit redemption?
In a loan buyback operation, there are several elements that are studied. The first is necessarily the current debt ratio and the debt ratio after redemption. It should be known that beyond 50%, the situation is critical and consumers will not find solutions through the consolidation of loans, they will have to turn to the Bank of France or restore themselves the situation. Another essential point, the rest to live. It is simply the sum that remains to be paid once the monthly installments of credits and the charges taken from the bank account, the acceptance can be done with a minimum of remainder to live.
The ability to borrow prefigures as the ultimate criterion of a credit redemption analysis, it is the data that allows to know which monthly installment the borrower will be ready to repay. All these elements are automatically calculated during a simulation of repurchase of loans, this allows to obtain quickly a panorama of the offers of financing proposed on the market and especially to direct its file towards the establishment proposing the best formula.
Simulate immediately your loan buyback
The simulation is called immediate, that is to say it can be done in an instant, just fill in the requested information and validate, the first offers can be received during the day, see in the 15 minutes that precede the validation. The idea is to provide a clear answer to the borrower, but also to observe the rates. The advantage of this approach is undoubtedly its free and the absence of commitment, which leaves the hand to the borrower to continue or not his steps and to obtain more easily his credit redemption. Finally, the evaluation of a credit contract offer is always done on the total cost of credit, so it is the key element to compare when we receive several financial offers.