The revolving credit consolidation is undoubtedly the most effective solution to solve the problem of money reserve and permanent credit. The revolving credit is an offered to individuals, which is framed by the law of consumer credit.
Too easy to access, it is the trap of the infernal spiral of credits that leads right over indebtedness!
The solution: the revolving credit pool
It is strong to note that many customer requests presenting a file with a debt ratio exceeding 50% find solution with the repurchase of revolving credit. Anyone facing the vagaries of life or mismanagement of their budget can at any time find themselves in financial difficulty.
Group all these credits whose management is dangerous for the good performance of the budget of the home. Through the revolving credit consolidation, convert all of your remaining capital into a single fixed rate amortizable credit. One monthly payment adapted to your repayment capacity. You manage your budget with peace of mind!
In order to avoid recourse to credit in the future, the revolving credit consolidation transaction offers borrowers the possibility of obtaining a cash flow envelope. A cash integrated into Sancho Panzament’s plan. It can be a comfort cash or a cash assigned to a specific project.
In addition to revolving loans and cash, it is possible to combine other types of loans (personal loan, work, auto, etc.). But to buy back family or personal debts, excluding professional debts. This is the opportunity to collect all your debts and credits in one credit!
Revolving credit and household debt!
We note that the majority of credit buy-backs processed by our service generally have a minimum of two revolving loans in repayment. Revolving credit is a credit easily obtained from banks and financial institutions. It is presented to consumers as the solves all problems!
This is why the law was implemented in two thousand and ten, it aims to frame the distribution of revolving credit to protect consumers and avoid abuse by lenders. Although the a Act hans reduced consumption on revolving credit, the latter still remains high, and too poorly framed.
This is confirmed by the fact that there are too many loan repurchase files for which the income submitted by the plaintiff (s) is too low. Revenues that do not theoretically allow access to such significant credit consumption.
How to explain a client file (s) which has a debt ratio of 70% while banks and financial institutions are theoretically supposed to refuse a consumer credit to individuals with a debt ratio greater than 33%.