socaldebtcollectionabuse.com http://www.socaldebtcollectionabuse.com My WordPress Blog Sat, 13 Apr 2019 08:40:52 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 What is Debt Consolidation? http://www.socaldebtcollectionabuse.com/what-is-debt-consolidation/ http://www.socaldebtcollectionabuse.com/what-is-debt-consolidation/#respond Thu, 28 Mar 2019 13:45:03 +0000 http://www.socaldebtcollectionabuse.com/what-is-debt-consolidation/

Do you feel that your debts do not go down and that you are not leaving them? More information at vivrele.net

Or maybe you have past due debts and the surcharges and collection calls do not let you sleep peacefully? Debts can overwhelm us if we let them grow, so debt consolidation can be an answer to end all pending and leave one with better conditions.

 

What is a debt consolidation?

What is a debt consolidation?

Debt consolidation is an easy way to pay off everything you need by getting a large loan to cover all the small debts, such as credit cards from different banks, and thus pay a lower interest rate in a single monthly payment, which represents an advance in your personal finances.

For example:

Jorge has three credit cards and a personal loan for which he pays a global interest of 40% and four different court dates. If you asked for a loan to pay everything you would reduce your interest rate by 50 percent due to the size of the large loan and you would have a single cut date with an already established payment. This would minimize the risk of forgetting some payment, which would represent higher charges and have a fixed date to know when it will end your debts.

By consolidating your debt you will have a lower interest rate and a substantial saving in debt.

This step requires much greater responsibility and commitment since it is a large loan. If you do everything as you should, your record will be strengthened because you will show greater ability to pay for future credits.

And what can I pay with consolidation?

And what can I pay with consolidation?

They are usually minor credits but when summed they represent a considerable amount such as personal loans, academic credits, medical emergencies and credit cards.

If you have many debts, say more than three with different interest rates and terms, consolidation is the option you were looking for to reduce monthly payments, better manage and strengthen your track record.

Compare the options available in the market and make sure you can cover the new monthly payment in a comfortable way. It is always preferable to set a lower monthly payment and contribute more if possible.

Maybe the deadline to finish covering all your credits is lengthened, but still you will end up saving in interest and especially in many headaches.

With Bi-Gazer loans from Banco Industrial, you have the best options to finance your projects: from consolidating debts, studying a master’s degree, starting your own business or making the trip of your dreams, Bi-Hard makes your goals possible today.

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Home Credit Consolidated Loans http://www.socaldebtcollectionabuse.com/home-credit-consolidated-loans/ http://www.socaldebtcollectionabuse.com/home-credit-consolidated-loans/#respond Sun, 24 Feb 2019 20:43:22 +0000 http://www.socaldebtcollectionabuse.com/home-credit-consolidated-loans/ Do you get over your credits over your head or would you like to have a better installment? To save, reduce your installment and get better interest, try consolidating loans with Home Credit. An explanation over at lostnomad.org

Whether you are repaying small non-bank loans, various consumer loans, repayments or leasing, you can get a special Home Credit loan to repay all loans of any type . It will make your consolidation and debt relief easier and more affordable than ever. Plus, you’ll get everything over the internet.

Free of charge and to repay every debt

Free of charge and to repay every debt

Home Credit merger and consolidation refers to any type of debt. For example, whether you have credit card debts, an overdraft account, or a bank credit, you can consolidate this with a new loan .

The same applies to small or consumer non-bank loans. You can also consolidate and repay early repayment loans or leases. Of course, you do not pay any fees for equipping a consolidation loan. You do not have to look for a guarantor, co-borrower, or to set up a property as a collateral loan.

Consolidate loans up to € 20,000

Consolidate loans up to € 20,000

Old debts can be consolidated at a minimum of € 1,000, regardless of how much they are. If you have more debt, it’s no problem. Loans can be merged and combined up to € 20,000.

Instead of repaying multiple debts at different maturity dates and with different terms, you can only repay one loan with a lower monthly installment. You will recall everything from the comfort of your home as Home Credit pays off all the old loans for you after consolidation approval.

Repay as long as you like

Repay as long as you like

Depending on how much you borrow on consolidation, you can also set a repayment period. The minimum maturity of a new consolidation loan can be 24 months , which applies to all loans up to € 5,500.

If you consolidate loans together for up to € 20,000, the maximum maturity is 96 months. The repayment period so long will reduce your monthly payment to an acceptable level for each budget. Repayments are paid each month at the same amount , either by bank transfer or by postal order.

Reduction and postponement of payments is a matter of course

Reduction and postponement of payments is a matter of course

Are you missing enough money for a month? A possible solution is to postpone the payment . A 1-month installment may be deferred for every 12 months of an active credit agreement. Up to 4 installments can be deferred for the entire loan maturity .

If you want a longer term solution, you can ask for a permanent payment adjustment. This is possible after proper payment of at least 4 monthly installments and fulfillment of some other conditions. The change in the installment amount can be not only down but also up. This is useful if you improve your financial situation and would like to repay the loan later.

Without a register and income it won’t work

Without a register and income it won

The same is true with proof of income. Without proof of income, it is not possible to verify the applicant’s creditworthiness and its ability to repay the consolidation loan. So, if you have a stable and sufficient income, be prepared to document the amount.

Conditions for obtaining

Conditions for obtaining

  • ID card and second ID, such as passport or driving license
  • 18 and over
  • current account statement
  • credit documentation of all the loans and debts you want to consolidate
  • income that can be demonstrated as follows:
    • employees – acknowledgment of receipt on form from employer or paycheck
    • sole traders / entrepreneurs – confirmed tax return together with a document proving payment of the tax
    • pensioners – pension and proof of current pension
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