A consolidation loan, or consolidation – consolidation of all your obligations to banks is a very advantageous offer for improving the home budget. If you have recently bought a car, computer, flat or scooter for a child or have you gone on holiday? And all this for a loan or a loan? So every month you repay installments of several loans, each in a different time and amount? There is a way to change it – it’s a consolidation of commitments. Repayment will be more convenient and you will avoid the debt trap.
You decide to pay only one installment in your bank instead of many in a different one. In addition, consolidation brings a number of other benefits, not just financial.
Visit payday debt consolidation companies today
In a situation where we have several loans, we can easily get lost with their repayment. Often, the installments of each loan are paid on another day of the month – it is not difficult to overlook any repayment. If we decide to consolidate all payday loans, we will pay installments only once a month – PDLC ..!! allow you to choose a convenient day to repay. Of course, the best time for a home budget is when you reach your salary account or a few days after that. Another advantage of the consolidation loan is interest – much lower than cash loans. A consolidation loan is a cheaper solution than a cash loan, bill limits or common credit cards. In addition, you can spread its repayment for a longer period, even 10 years.
And what loans can be replaced with a consolidation loan? There are a lot of them. These are cash loans, car loans, and loans, credit lines, installment loans as well as credit card liabilities. Banks offer consolidation loans mainly in zlotys.
Do you have a good credit history?
When consolidating, banks pay much attention to the customer’s credit history – if we have a delay in repayment and we do not regularly cover our liabilities, we can not get a loan. The Bank verifies the credit history at BIK – Biuro Informacji Kredytowej. There are also institutions that calculate creditworthiness in a different way – not on the basis of income, and under the simplified procedure. Such a possibility exists when we apply for a consolidation loan to our parent bank, where we document regular income for a longer period. In this case, the sum of all installments increases by 10%. – this surplus can be devoted to what we like.
Contact an adviser!
The offers of consolidation loans vary depending on the banks. Before making a choice, you have to carefully analyze several offers and choose the most advantageous one. We can always ask the financial advisor for help, who, thanks to knowledge and practice, will help us in everything and will make the loan installments lower by up to half.
Regardless of whether we are consolidating the loan ourselves or if we are helped by an adviser, it is worth thinking about it earlier – consolidation is not for people who already have serious financial problems. That is why you should prevent it from getting into the worst of problems and contact us today regarding the consolidation loan by completing one of the following applications.