In order to be able to contract loans in particular, it is important to know your debt capacity . This depends on your resources, your family situation, your other loans, your expenses, etc. To calculate whether you can take out a loan, in what amount and for what duration, it is useful to know how to calculate your remainder to live . This will let you know how much money you will have each month to live and support your family.
Leftover living is what is left in your household when all charges are paid . Charges are understood to mean, in particular , rent, charges related to housing, taxes, transport costs or even loan repayments . Once these charges are deducted from your income (salary and / or social benefits) you have a sum called by the bankers the remainder to live.
The rest to live should allow you to feed yourself, dress, entertain you , etc. It therefore makes it possible to measure your level of over-indebtedness. Indeed, if the rest to live does not allow you to live properly and you can no longer pay your bills , you will have to take out loans and your debt will be more and more important.
It is therefore important to be able to calculate the amount that you can spend per month in order to avoid unpleasant surprises. You can talk to your banker to find the best option to avoid deepening your overdraft . In the event of over-indebtedness, solutions exist to enable you to obtain payment delays , or even debt cancellation from certain creditors. In these particular cases, it is the bank of United States which will make the decision and will allow you or not to find a decent remainder to live. Do not hesitate to take the necessary steps as soon as you can no longer meet your debts.