A repurchase of credit is an act that can produce unfortunate consequences, such as over-indebtedness or the impossibility to repay the credit redemption itself! That’s why it’s important to choose your bank to redeem your credit, whether it’s a traditional bank or an online bank that can redeem credit online. But which bank to choose, and on what criteria?
The advantage of banks known to buy back credit
Requesting a debt consolidation or a credit buyback to a bank in which one already has an account and / or other financial products is a definite advantage. Thus, these banks buy less expensive credits than specialized agencies, which can be a good selection criterion. These banks are the French banks whose agencies are spread over the territory.
Even if you do not have an account in one of these banks, it is still possible to request a credit redemption: banks are always looking for new customers!
Credit buy offers abound in the market
Banks are competing ingeniously to offer ever more services in the field of credit buy-back: personalized support, buy-back of a special employee credit, preferential rates for certain professions, repayment spread over time.
Thus, it may be interesting to select a bank according to his profession: civil servant, artisan, military, liberal. Read also Credit purchase for professionals A bank specializing in the purchase of credit from a Liberal will take into account the highest salary of this type of professional, but also the highest charges of the latter. It will be able to take into account the particular aspects of this professional category and its offer will be better adapted.
Online credit comparison comparators
These tools are free and allow you to compare several credit redemption organizations, all in a few minutes.
It is also possible to turn to a broker. The broker geared towards the activities of repurchase of credit has a perfect knowledge of the market of the banks and an access to the rates of interest practiced by these banks. In addition, through a broker, the borrower will be more likely to see his file succeed.
But the steps of the borrower do not stop there: after selecting a few banks, he will have to make simulations to know which bank will give him the best rates and monthly payments adapted. The simulator is therefore an important tool, which the bank must offer to its client. The goal is not to go into debt even more!