They have no tax dependent children. Housed by the employer out of need for service, their home is acquired until their retirement.
All 2 civil servants on permanent contracts, they receive a total of $ 3,275.90 each month.
Being exposed has deeply disturbed them. To alleviate this budgetary discomfort , they wish to know their possibilities of obtaining a new loan repurchase.
- They want to start on new bases by reducing their monthly loan payments and closing their bank overdraft.
- The lower monthly payment would allow them to save a little money, save, anticipate their retirement, and ultimately finance new projects.
- They would like to obtain a comfort cash of 5,000 $.
- 1 The couple has already benefited from a loan buy-back.
- 2 However cautious, they had to borrow again to finance a vehicle. Unfortunately, Nathalie had a road accident and their insurance did not cover the costs on the whole. Forced to invest in a new vehicle so that Madame can go to work, they bought it on credit.
- 3 At the same time, an investment in household appliances proved essential following a serious breakdown. Here again, a consumer loan was necessary.
A new grouping of credits was proposed to them. They will now have to repay $ 872.73 each month to pay this new one-time credit.
Thus, their left-over is now $ 2,403.17, or $ 596.89 more than before the repurchase of their receivables. Previously almost 45% indebted, they are now 27% indebted.
The total amount of loan repurchase granted to them included, as they wished, comfort cash of $ 5,089.02.
For the record, we start talking about debt when a household pays more than 33% of its income in the repayment of its credits . Remember that your fixed costs are not limited to the loans you have taken out! Each month, you must also pay for your insurance, subscriptions and other recurring bills. Try not to exceed its famous 33% debt so as not to put your household in a fragile financial situation .
Aware of the sums that we have to repay to our creditor, the bank overdraft appeared to us to be the alarm bell! We did not want to wait until the situation got worse and therefore preferred to take things quickly to optimize our budget.