People who have already subscribed several credits are rarely granted additional credit for a new project such as the completion of work. Grouping credits can be an effective alternative.
Credits: when the works occur
In France, a significant number of homeowners are faced with the problem of financing the works because it is difficult to be granted a loan for works when the customer has already contracted several credits (real estate, consumer). The borrower then finds himself unable to perform the desired work for lack of funds for this type of project. The personal loan is not the only recourse for households, they can turn to other solutions such as loan consolidation.
Up to 60% off your monthly payments Your project
- Redemption of credits Finance a project Renegotiate an immo loan Currently, do you pay back mortgages?
- * No Yes Real Estate Credit (s) Remaining amount (s) to be reimbursed
- * € Amount of monthly payments * € Currently, do you pay back consumer loans?
- * No Yes Examples: auto loan, loan work, revolving credit, etc … Consumer credit (s) Remaining amount (s) to be reimbursed
- * € Amount of monthly payments
- * € If you want to include an amount for a new project, please specify New project € Project type
The purchase of credits and the financing of works
Borrowers with a defined project such as construction work (roofing, masonry, furnishing, extension, finishing, etc.) can benefit from an amount allocated when their credits are repurchased. Intermediaries in banking operations offer attractive loan consolidation offers, ie the customer can redeem a part (only its consumer credit) or all (real estate and consumer credit) its outstandings to benefit from a lighter monthly payment thanks to an extension of the duration of the loan. The share of income devoted to the repayment of credits is then reduced, an additional sum is granted to carry out the work. The borrower therefore remains within the limits of the authorized debt. It is easy and quick to perform a free simulation online, to obtain quantified results that can give an idea of what can bring this banking operation.
- Include a work loan in a home loan