The principle of the repurchase of credit is to merge all the loans in progress
In order to decrease the monthly repayments and thereby lower the debt ratio. Anyone can access it from the moment people meet the conditions set by our lender bank. Therefore, even a person alone or with children can qualify for this banking service, as long as they respect the terms of their new loan.
First, she must perform like everyone else, what is called a simulation, via a specific and free form. This consists of answering certain questions in order to have a first opinion from the financial adviser who will deal with your credit repurchase file. Above all, the person must work and receive a fixed salary every month. Without this, his file cannot be taken into account, therefore refused. It is also the same for married and unmarried couples, one or the other of whom must be paid monthly.
The advantages of buying back credit
If a mother is single following a divorce and she has custody of her child (ren), she must above all report this when building up her credit repurchase file. Indeed, if she receives alimony, it will be integrated in the “income” part which will in a way increase the amount of her monthly salary. This is very important for the mother, because in this case, her request is more likely to succeed. On the other hand, if it is her ex-husband who takes care of the children and it is she who pays this pension, it will appear in the “charges” section. At that point, his salary will really have to be higher than his expenses, so as not to risk a refusal from the bank.
All the elements will be carefully studied by our organization, such as the debt ratio which should not exceed a certain criterion according to the law in force, and mainly the amount of money remaining which the single person will have to live on a daily basis, outside reimbursement of his new contract. It should be known that a request for repurchase of credit remains a serious step like for the other loans, but that thanks to this, a single person can set out again on good bases.