Loan repurchase in Brittany

Even a few years ago, the average Frenchman still had the option of saving. The savings he built up could help him finance his projects and deal with unforeseen circumstances . Today, with the crisis and the high unemployment rate, French people increasingly resort to consumer credit . The report issued by the Bank of United States on the region of Brittany proves it, even if a slight decrease in file deposits in over-indebtedness commission was noted in 2015. Good news for the Bretons even if the path to get his head out of this scourge is still a long way off. Can the repurchase of credits be considered as a plausible solution to rebalance its budget?

Brittany credits redemption

Opt for the repurchase of credits in Brittany!

Among the four departments that make up Brittany ( Côtes d'Armor, Finistère, Ille-et-Vilaine, Morbihan ), it is the residents of Ille-et-Vilaine who encounter the most financial difficulties. If we dig into the report of the Bank of United States, we see that there is a slight improvement since the Neiertz law . Rennes, Vannes, Quimper, Saint-Brieuc and all the residents of the Breton region are no longer affected by passive over-indebtedness, but by active over-indebtedness. What is the difference ? Passive over-indebtedness is caused by an increase in consumer credit while active over-indebtedness is caused by unpredictable life situations such as divorce or dismissal . To overcome difficult situations, households are obliged to draw on money reserves ( passbook, bank overdraft for example ), to make new loans or to no longer honor certain debts ... it is, from, of this scourge that begins the spiral of over-indebtedness.

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avantage rachat credits bretagne

Advantages of the consolidation of credits

Before the financial situation worsens, have you thought about studying the advantages of the consolidation of loans offered by the majority of financial institutions ? Credit consolidation is based on a simple concept: a financial institution buys all the credits from the various creditors of a household. The total amount of loans to be repaid is subject to a new interest rate with a new duration . This process makes it possible to reduce the monthly repayment installments and to have only one intervenor.
This reduction in the amount of monthly payments (sometimes up to 60%) allows the household to optimize the family budget . The rebalancing of the budget also makes it possible to recover purchasing power and to live in better conditions.

The consolidation of loans is, therefore, a credible option to get out of this dead-end maze of debt. However, it should be known that this concept remains a loan and that the household which subscribes to it must be able to ensure the repayment. In addition, some institutions offer the consolidation of consumer loans while others offer a renegotiation of consumable loans with real estate loans. It is therefore necessary to compare the different redemption proposals from different creditors.

Loan repurchase in Brittany
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