When you make an online credit redemption, are you sure you have the best bank for your credit redemption ? It is difficult to answer this question especially if you are not specialized in banking.
First of all, all the banks are very controlled and they must scrupulously respect the rules of ethics among others. They then apply credit criteria in accordance with their internally defined policy. Do not wait, a credit redemption or credit consolidation can allow you to balance your budget again.
How to define the best bank for a credit redemption?
Whether for a home loan buyout or for a consumer loan buyback, the best bank will be the one that applies the lowest fixed rate and the lowest fees. But also the bank that gives you the opportunity to take out insurance borrower delegation, much cheaper in the majority of cases.
A mortgage credit rate can not be compared alone with another credit rate. The conditions attached to the real estate loan are also studied, namely: the application fees, the prepayment penalties, the monthly payment with insurance.
When buying a consumer credit loan
Once the award criteria are met, we can conduct credit simulations. Then we will choose the pool of credit where the fees are lower and where we can ask for a delegation of insurance to save.
Beware of banks that require insurance to be subscribed at home: they have everything to gain but not you!
When redeeming real estate loans
It will be necessary to place a conventional mortgage on your house. The best debt consolidation rate is obtained if your home has a much higher estimate than the requested buyback. Your file must show the last 3 months of impeccable statements of account (without rejection of deduction or check rejected or too much expenditure). The best terms will be obtained for an official loan buyback because job security reassures banks.
New Loan is specialized in credit consolidation since 2003. We know the best banks and we can sometimes renegotiate for you criteria if your file is good.