The repurchase of credit is most often used to group several credits that they are real estate or with the consumption. But do you know that it can also be used to consolidate various debts? Overview of debts that can be integrated as part of a credit consolidation.
Buying back credit: a solution to reduce your budget
Simple and fast, the repurchase of credit makes it possible to group together several consumer or property loans . By negotiating a new rate and extending the duration, you benefit from reduced monthly payments and therefore you can find a more balanced budget. But the grouping of credits also makes it possible to group various debts, excluding credits, in order to settle them. To find out more, you can discover the steps to buy back credit to find out how it works.
A large panel of integrable debts
Taxes, co-ownership charges, family debts, employer loan. All these debts can very well be included in a credit consolidation. You just need to provide the corresponding documents: certificate of situation for taxes, statement of sums due to the co-ownership property manager, certificate of creditors for family debts, proof of the employer for salary advances or the loan contracted with him. And even sums due to a bailiff in the context of a procedure can be included in the buy-back operation with proof of a statement of situation.
Rent delays may also be included
One or more late payments may also be included in a loan buy-back transaction. The principle of redemption is the same, you will only have to justify your debt by asking your landlord to provide you with a document that justifies the total amount of your debt.
Bank overdraft: it works too
During a credit repurchase transaction, you can include the amount of your bank overdraft, whether authorized or not, in order to be able to fill it and avoid all the costs linked to possible payment rejections from your bank.
Don’t hesitate to include a new project!
Finally, a loan repurchase can also include an additional amount of cash to consider a new project. Just to find a balanced budget and be calm at the end of the month.