If the borrower takes too many loans for people working abroad, you can use the consolidation loan option. Due to this solution, repayment of liabilities may turn out to be less burdensome.
Real debt consolidation: quick app and instant decision
First of all, we are specialists in banking products. We know the latest offers, we can compare them and we will certainly understand all the records incomprehensible to customers. What’s more, we will share this knowledge with you, if you only want to cooperate. So what exactly can we do for you?
- After consulting with you, we will help you choose a bank offer that will suit all your requirements and possibilities.
- We will present to you the terms of the specific offer and explain all your doubts.
- We will calculate your current creditworthiness.
- We will tell you what to do to make your BIK exemplary so that the bank will not have anything to “stick to”.
- We will negotiate the best loan terms for you. Nobody, like us, knows what they can afford in negotiations with the bank. We know exactly what arguments to use. We know your strengths, which we will definitely use to negotiate the best loan agreement for you.
- We will inform you what documents you need to apply for a loan and where you can get them.
- We will help you complete the applications and answer all the questions that will arise during this process.
- We will deposit all the papers with the bank, you will not have to bother with formalities.
- We will do everything to make the bank’s response positive. If not, we’ll find out why and let you know how to prepare for submitting your next application.
- We will be with you when you sign the loan agreement. Then you can also count on our help. If you have any doubts – just ask.
- You pay nothing for it. We receive a commission from the bank, but you don’t lose anything. On the contrary – we act in your interest.
As you can see – you can act alone, but for what? The help of a specialist is not only free but also convenient. It can also be profitable because you will not necessarily choose the best offer for yourself. Not everyone knows about banking products. Not everyone knows that the interest rate given in the advertisement has nothing to do with the APRC, which you should really pay attention to when choosing a loan. Be smart about it and contact someone who will guide you through the credit process from start to finish in a professional manner. Do not risk that you will regret the decision to consolidate loans. Financial experts will make it a step forward and not backward.
A consolidation loan can be a huge relief if you choose the offer wisely. However, it is difficult to do it yourself. However, it is worth contacting someone who has experience and knowledge about the products offered by banks. It will save you time and money. We will consolidate your debt – call.
Consolidation loan – how does it work?
The worst loans are that were incurred to pay back previous liabilities. Very often, the loans we take one after another are becoming more expensive. When we realize that loans taken out for people working abroad are too much of a burden for us, it is worth asking a financial expert or directly to the bank to prepare a consolidation offer for all loans taken.
A consolidation loan combines several loans into one. If a borrower is struggling with several loans for people working abroad that have relatively high-interest rates, it is worth considering taking a consolidation loan in one bank. We can repay only one loan in this way and – what is important – at a lower interest rate. From the moment of taking a consolidation loan, the borrower must only remember about one loan installment, thanks to which no loan installment will escape. We have one repayment date, which we must watch over. In modern times of fast life, unfortunately, many borrowers forget about paying their debts regularly, especially when there are few loans. This involves further costs – penalty interest. In this way, you can get into debt very quickly.
The consolidation loan is certainly profitable. Very often it can be proved by much friendlier installments. Statistically, more and more borrowers on the Polish financial market decide to transfer all their liabilities to one bank.
Nowadays, a consolidation loan enables repayment of loans, including loans for people working abroad.
What are the conditions for obtaining a consolidation loan?
In addition, after calculating the installments, before consolidation and after consolidation, it often turns out that the consolidation loan has positively influenced the reduction of these installments.
A consolidation loan is based on the condition that you will have to repay the remaining liabilities for which the loan is incurred. The bank automatically, after receiving the consolidation loan, taking into account the contracts previously provided to the borrower and certificates of arrears in other institutions, repays all these items. These loans are repaid immediately and in full.
Of course, an important factor to keep in mind when considering taking a consolidation loan is an important parameter in all loans, i.e. creditworthiness. Being in a very advanced spiral of debt, you can apply for loan consolidation, however, it is more difficult to realize. For example, a guarantor is required in many banks in this situation. Very often a person with several debts does not have sufficient creditworthiness because all their loan installments outweigh their monthly income. Therefore, no such bank will grant a loan in Poland without such collateral.
What is worth remembering?
Okay, but what are the specific conditions for obtaining such a loan? Well, the first and most important condition is, of course, having creditworthiness. This should not come as a surprise, and yet many people still think that since they have received previous loans, it will not be a problem to make a commitment to repay them. Well, such thinking is wrong. With every loan application, the bank will check the applicant’s creditworthiness from the beginning (after all, it may have changed, e.g. by losing a job or incurring even more liabilities). Another thing that the bank will check is your BIK. And here you have to remember that the more regular you were in repayments of previous loan installments – the greater the chance that now you will get a positive response from the bank.
Consolidation loan – is it profitable?
That’s a good question. You really need to recalculate all this and of course, choose a good offer. Of course, you can do it yourself, but it is quite difficult to do and you may not include something. Omitting something can significantly affect whether or not a consolidation loan pays off. Fortunately, there are financial advisors who can calculate this for you.