While interest rates have risen slightly at the beginning of the year, it is still very advantageous to proceed with a credit redemption in 2017 thanks to still very low rates.
Buyback of consumer credit
The purchase of consumer credit is a solution that can find a new breath for the management of the monthly budget. Indeed, as consumer credit accumulates, the household debt ratio increases and the end of the month can become difficult. In order to avoid daily pressure to make ends meet financially, consolidating consumer loans helps to cope with everyday expenses.
If you are home ownership, it also helps to find a balanced budget management while maintaining your mortgage. Ownership often entails the use of work loans, personal loans and revolving loans to undertake work for home improvement. The purchase of consumer credit is the solution to transform all consumer loans subscribed in parallel with the mortgage to obtain a single monthly payment adapted to your ability to repay.
Purchase of real estate credit and consumption
With relatively low interest rates, it is still very advantageous to buy real estate and consumer credit. Restructuring consumer credit with home loans is an opportunity to rethink the entire budget. Unlike the purchase of consumer loans, this financial transaction is an opportunity to have only one monthly payment to manage.
But also, the purchase of real estate and consumer credit is the opportunity to obtain a real estate interest rate for all the remaining capital due from different credits, including consumption. It is also possible to obtain a cash envelope in the plan for the purpose of doing work for example, or simply as a cash of comfort that can be placed in savings to cope with the vagaries of life and avoid to re-purchase consumer credit in the future.