Whether it is to meet unforeseen expenses or to finance the purchase of a property well beyond our income, borrowing money helps to get out of trouble. And with the easing of the conditions of access to credit, the room for maneuver is always greater and the advantages numerous.
WHY SHOULD I TAKE OUT A LOAN?
Using a loan helps you to calmly face the moments of life when you do not have sufficient financial resources. Better still, this solution is recommended even if you have enough cash. This is particularly the case when it comes to investing in real estate. Banks and credit companies apply rates between 1 and 2%, which is below the profitability of up to 6% which can result from an investment in the rental. As a result, analysts agree to recommend the use of real estate credit, even if we have all or part of the amount of real estate to buy.
But borrowing money is not only advantageous for the acquisition, renovation or construction of housing (to live there or to earn rents). In fact, consumer credit, under its “earmarked loan” variant, helps cover one-off needs such as the purchase of a new car or the replacement of household appliances, without having to wait for savings or draw on them. this. This type of loan is generally contracted with a commercial entity, which supposes an outright cancellation of the contract, in case the purchase has not taken place.
In addition, the personal loan, granted exclusively by a banking or credit organization, without the need to justify the reason, gives total freedom. He can be assigned to any needs or situations. Revolving credit, another type of consumer credit, involves making funds available in the form of a credit card. The borrower can then have this reserve to finance his needs.
BORROW MONEY WITH PEACE OF MIND
The decision to borrow money is often met with apprehension and doubt. The fear of being in over-indebtedness makes many hesitate. However, mechanisms exist and make it possible not to be unable to repay. In order not to get there, it is entirely possible to terminate the credit, under conditions which may vary from one lender to another, but become more and more flexible. Upstream, you can subscribe to a credit repurchase, to group all your loans in one, repayable in different monthly payments, with the possibility of negotiating more advantageous rates.
THE CREDIT SIMULATOR, AN UNWAVERING ALLY
Practical tools help you find the borrowing formula that best fits your profile. This is particularly the case with the credit simulator. The latter is indeed an effective solution that helps you access the best offers on the market.
A well-used comparison tool is sure to save you money. And for good reason, the competition of several offers makes it possible to identify the most advantageous. Added to its practicality: no need to move, everything is done online, in a few clicks. In one and the same place, all the opportunities are presented to you, without you having to go around the sites of banks or financial intermediaries.
If you want to take advantage of the credits with the most flexible conditions currently, use our free online simulator, accessible here.