Redeeming real estate loan: rental investor

Rental investors have the possibility to use the purchase of real estate loans to benefit from a monthly payment in accordance with their income and to better manage their rental budget.

Real estate loan: rental and investment

Real estate loan: rental and investment

Investing in stone is considered a relatively safe investment, according to the world of finance. Many French people decide to embark on rental investment each year. That is to say, they subscribe for the majority a mortgage to buy a property (house, apartment), this property will be subsequently rented. In general, the rent collected by the owner is intended to repay the monthly installment of the credit. At the end of the repayment of his mortgage (s), the investor will receive annuities each month (rent paid by tenants) and accumulate wealth (value of real estate). On paper, the project is ideal but the risk is still present because some owners do not find tenants, or others receive rents lower than the monthly payments of their mortgages. However, solutions exist to reorganize the expenses of investors including the purchase of loans.

Repurchase of credits for rental investment

Repurchase of credits for rental investment

The repurchase of credits for rental investment makes it possible to regroup some or all of its mortgages to benefit from a loan with a single and reduced monthly rate. In other words, the investor can collect his credits, and depending on his income (conventional income and property income) he will pay a monthly payment perfectly suited to his needs and will find the balance of his budget. This banking operation is possible thanks to an extension of the loan period. The investor has the opportunity to turn to intermediaries in banking (IOB) who are specialized in the purchase of credit and offer very attractive offers on the market. It is also possible to be granted an additional amount for people with an assigned project (work, renovation, furniture, etc 


Loan or Financing When Buying a Car?

 When we begin to think about the possibility of buying a car, going on a trip or even starting a college, the first question that arises is: Will I have money to pay for this car in the long run? For this wish to become reality, you must start planning as soon as possible, just to measure the total costs and what value you must invest each month to realize it. 

In these hours, many people also end up confusing the loan options with the financing options, or even do not know the existence of lines of credit specific to each move. To better understand how it works, check out the expert tips:

Financing

loan-x-financing-buy-car

If you are looking for a loan to purchase a vehicle, be aware that there are specific lines of financing for these purchases. Because it is a durable asset of great value, the amount to be requested and the time to repay the debt will also be high. Therefore, it is necessary to research in many banks and financials what are the best interest rates and the installment conditions.

Loans

Loans

Loans, in turn, are loans offered by banks and financial institutions that do not have a specific purpose. That is, you can request it and, if approved, the use of this money is free and can be employed in the way that the borrower prefers. Personal loans and overdrafts (with a pre-approved credit limit) tend to have a higher interest rate than financing, precisely because of the lack of restrictions on their application. Your approval also depends on an analysis of the borrower’s good-paying profile and track record. The greater the risk of this client not paying the installments on time and becoming a defaulter, the greater the interest for him.

Which one do you choose?

Which one do you choose?

To know which line of credit is best for you, compare the interest rates on vehicle financing and the loans that you are eligible for.
If you are eligible for a secured loan, for example, you may be able to get attractive interest rates to buy a second car. To help you search for the best interest rates, visit the IQ360 comparator. In a few steps we help you to find the best loan for your profile.

 


Buying large family credit

Managing a budget for a large family is not easy, we must manage to meet all needs without abandoning a child and without unbalancing the budget.

Budget management with large family

Budget management with large family

A large family involves a more rigorous management of expenses. Who says more people in homes necessarily says heavier expenses, so it is essential to be very careful so as not to cause imbalance. According to the French state, a family with at least 3 children under 18 is considered to be numerous. It can also request the large family card, the latter entitles to reductions in rail transport (SNCF). According to public opinion, these are families with more children than the national average. The definition is not fixed, it depends on the socio-political context.

Grouping of credit for a large family

credit

A family with multiple children can freely apply for a credit surrender, the number of children is not a refusal criterion. It is the criterion of the remainder to live that is taken into account in order to establish the feasibility of a financing project. A study by an expert analyst will make it possible to make a complete point on the credit consolidation project and to preview the amount of the future monthly payment. Overall, this criterion corresponds to income minus current expenses. If the rate of this remainder to live is insufficient, the banking partner can rule negatively on the demand.