The accumulation of credits, a change of professional or personal situation, an unforeseen financial… The causes of difficulties of repayment of monthly installments are numerous. Before these difficulties settle and cause a chain reaction sometimes leading to the payment incident, it is better to favor alternative solutions. Among these solutions, it is now possible to restructure the financing plan for loans subscribed to reduce the total monthly payments (with a repayment extension most of the time). This reorganization is called the grouping (or redemption) of credits.
Why buy back his credits?
The repurchase of credit can concern all the credits subscribed, or only a part. The different organizations or brokers offer several solutions. The most common of these solutions consists in transforming the monthly payments into a single monthly payment, by lengthening the total duration of the loan.
For example, if you have 5 different credits, you repay 100 USD each for another 2 years, the organization can offer you, if your guarantees are sufficient ( salary, assets… ), a refund of 350 USD, but for a duration of 5 years.
If you are satisfied with the relationship with your bank, the bank may also offer you credit redemption offers. Knowing your personal situation, your wealth and your income, its offer will probably be consistent with your needs. If the difficulties you encounter are temporary, the repurchase of credit can be a good solution.
How to contact the right contacts in the Paris region?
The City of Paris, and more generally the Paris region, is one of the largest regions in France. In order to meet the right contacts, it is recommended to approach a broker specialized in your sector who will be better able to understand your personal situation and your temporary difficulties encountered.
Another solution for repurchasing credit is external organizations, which have the positive point of providing a quick response. The only difficulty in entrusting its plan to buy back its organizations, the mode of contact can only be done online or by telephone.
Do not hesitate to compare the different offers of redemption and to consult your relatives, whose eventual experience with the organization concerned will help you in your choice.