to him repurchase of credit 2

If these appropriations have the merit to enable you to carry out certain projects which you could surely not have carried out without external contribution, they go guilty to support the over-indebtedness of the households. The latter, for the majority being already in a fragile financial position, cannot honor their monthly payments any more with refunding. Irony of fate or bad management, they loses soon all the goods which they acquired by the means of these same appropriations that they must refund! It should be said that there is what to become insane! It is what arrived at Sylvie, divorced, mother of two children, juggling between two employment, it gains what just to make live its small family. To equip her house and to make it a little more comfortable for the children, Sylvie buys with credit. Of needle and thread, the small family contracts nearly 3 appropriations and the budget is increasingly tight but Sylvie manages all the same to join the two ends thanks to the alimony. But it was without counting on the social services which threaten to place his/her children because its housing is too small. Child of the DASS, Sylvie wants under no pretext which his/her children revive the same course as it. His/her uncle, head of undertaking, propose to help it and go parking for it at the time of the contraction of a real loan which it could over 15 years. Its bank reaches its request and it can become purchaser of a more decent housing which will be moreover its property. Sylvie ends up finding a small apartment which is in suburbs but which meet the standards of the DASS. The family settles there. Unfortunately, three months later of work must be imperatively carried out and come to burden the budget with Sylvie. Following this unforeseen expenditure the monthly deficits are made increasingly important, the monthly payments of the various appropriations must be paid and the bank threatens to seize the apartment if those are not honoured. All its credit cards are refused, its accounts - turned over checks and it misses liquidity terribly. The financial position of Sylvie is desperate, it cannot any more what make and seriously thinks of all of reselling to go to settle in province in her aunt. It is at this time, which commercial, come to make of the door with door, proposes to him a new product which will be salutary for him with many regards. It represents a private financial institution which proposes the “repurchase of credit to him”. At first sight, it is the miracle solution of Sylvie. Indeed, the commercial one proposes to him to repurchase all its appropriations in progress, i.e. to pay in its place its credits in exchange of the contraction of only one and single loan within its establishment. More EC offer, it is that it makes it possible to find a financial position balanced by seriously decreasing the monthly payments by gathering them in only one. Admittedly, Sylvie rendettée herself to assume her preceding credits, but it can gain a little time and hope to keep all its goods. It will refund this new credit over 15 years additional and mortgaged one its house, but it can from now on balanced its budget and to manage it with more ease. The “repurchase of credit” is a new concept of the financial institutions in answer to an over-indebtedness of the households increasingly more important. It makes it possible to decrease the monthly payments being able to go up to 65% less compared with their preceding level, moreover, you made more face that with only one creditor and moreover you can even have a certain margin which you will be able to again save for a future project. Finished administrative worries, to and from between several offices, the letters of revival in all kinds, the “repurchase of credit” is the last option which can be considered when the refunding of the appropriations becomes difficult even impossible and that the bankruptcy watches for. Solution of the last chance, one should not misuse and know about it to use it advisedly. Indeed, the institutions which grant it are very careful and ask for sometimes wider security with interests definitely higher than those practiced in a normal credit because you are regarded as a placement at the risk. Then benefit from this new product which is the proof that even in the most delicate cases, there is always a solution! From now on, will know, however to manage your budget because the “repurchase of credit” can not be granted more. Thus avoid at all prices contracting other appropriations!