Debt consolidation loan to customers

Distribution for debt consolidation. This type of credit is addressed to those who have incurred delays in paying rates for other bank loans.

Debt Consolidation Loan is a loan that gives you the opportunity to access a new credit that can lessen the monthly effort caused by paying the installments and at the same time improve the customer’s situation in the Credit Bureau. Given that the economic situation in the last two years has deteriorated significantly for both budget and private employees, bank customers have been unable to pay their installments on time. This situation led to the increase of the balance of arrears recorded at the payment of the installments. This type of credit helps these people through the benefits they offer, , Managing Partner . The debt consolidation credit can only be accessed by applicants who can bring a real estate collateral and has the purpose of paying off other debts to other banks or non-bank financial institutions through a new loan with real estate collateral. In preparing a file for that type of credit, the client must consider the existence of real estate collateral and the existence of a justification for delays. Also, when applying for a loan, the applicant must not have active appeals. If we look at the situation from 2006 to 2008, unsecured personal loans had a major weight in the total of new loans granted by banks, which subsequently increased the financial effort a client had to make to pay its rates on time . Thus, some customers have experienced delays, which have prevented them from accessing a refinancing loan. The novelty of this guaranteed refinancing loan is that it can be accessed by people who have had delays, provided they have paid their debts and secured real estate,. If we look at the situation from 2006 to 2008, unsecured personal loans had a major weight in the total of new loans granted by banks, which subsequently increased the financial effort a client had to make to pay its rates on time . Thus, some customers have experienced delays, which have prevented them from accessing a refinancing loan. The novelty of this guaranteed refinancing loan is that it can be accessed by people who have had delays, provided they have paid their debts and secured real estate.