Do you have many Loans in progress and would you like a single installment to pay? The Debt Consolidation makes it possible to merge the installments of all the Loans by obtaining new liquidity, a single installment and a single deadline to be remembered.
- 1 How can I pay a single installment?
- 2 Consolidation in the presence of reports to the CRIF
- 3 What are the advantages of a single installment?
- 4 Better Assignment of the Fifth or Mortgage for a consolidation?
- 5 Estimate to consolidate your debts in one installment
How can I pay a single installment?
The payment of a single installment related to several loans in progress, is possible thanks to the “debt consolidation”. The consolidation makes it possible to accumulate the installments of all the Loans (including the loan), obtaining liquidity , a single deadline to remember and a single lighter monthly installment .
Loans consolidation is also meant for those who have requested Loans at higher rates , in this way they can replace them with more advantageous rates , without having to worry that the request will be rejected as a matter of over-indebtedness.
This financial solution requires some guarantees. Employees need a permanent contract and a seniority of at least 3 months. On the other hand, as far as retired persons are concerned, a maximum age of 90 is required and a pension that grants the possibility of making a loan.
In general, for debt consolidation, we normally proceed with the Fifth Loans , instead, for larger amounts we sometimes need a Mortgage .
Consolidation in the presence of reports to the CRIF
To check your credit reputation, just request a CRIF request form . In the presence of reports to the CRIF, the possibility of requesting a consolidation will still be feasible.
The requirements that they will have to satisfy are only the majority age with a time contract or a pension. Due to the particular credit situation, a consolidation is what could give you more economic sustainability, extinguishing the Loans in progress and replacing them with Loans at a lower rate.
What are the advantages of a single installment?
The advantages vary according to the cases of the requesting consumers, among these:
- Lightest installment;
- The only installment to pay;
- Lower rate.
The payment of a single installment is meant for those who have more than one installment to pay and an unsustainability of monthly expenses. With this solution
Better Assignment of Fifth or Mortgage for a consolidation?
For the consolidation, obviously the choice is based on the needs and the amount to be extinguished. With a mortgage you can get large sums of money to pay off debts and get more liquidity.
In the case of the Mortgage, however, greater guarantees will be required, such as a guarantor or a mortgage on a building. The sale will allow the customer to reach amounts up to € 70,000.00 without the need for additional guarantees.