Consumer credit is one of the main factors driving many families into heavy debt. This implies the delicate and serious nature of this form of loans. See http://hitomi-gyousei.com/a-loan-can-help-you-achieve-some-goals-or-to-solve-eventualities-that-you-did-not-have-planned/ for a write-up
What is consumer loan?
This banking solution is intended to finance non-realizable consumable purchases. It can cost between 200 euros to 75,000 euros and lasts more than 3 months. Anyone can take out this type of credit provided they meet the criteria required by the banks. Note that there are mainly 3 types of loans that belong to the rank of this type of debt. Revolving credit is one of them. It is a form of credit with a variable rate that his debtor is free to use as he wishes during the year. Its amount is automatically reconstituted after each refund. The unaffected personal loan also adheres to this type of banking solution. As his name indicates, he is not assigned to the purchase of a particular property. Its rate and the amount of its maturity are fixed. And the last is the affected personal loan that is dedicated to a specific project such as holidays, leisure, buying a car, a household appliance or a piece of furniture. This credit can not be used for other purposes than what has been indicated to the bank. It is canceled directly if the purchase has not taken place. Loans for the rehabilitation and renovation of a house not exceeding the sum of 75,000 euros are also considered as consumer credit.
Why simulate consumer credit?
He is more erudite to make a simulation credit conso on simulation-de.credit in order to escape a future indebtedness. Simulation makes it possible to evaluate in advance the extent of the financial commitment that is expected in the coming time once the credit has been made, and thus, to prevent risks. To perform the act, you just need a simulator accessible on simulation-de.credit. It is a very simple tool to use which is able to spontaneously calculate the various data that will constitute our next contract. But for that, he needs to know the amount of the monthly payment and the repayment period that we want to obtain as well as the amount of our monthly income. Based on this information, it immediately reveals the total amount you can borrow, the interest rate and the corresponding total cost, our debt ratio and our repayment capacity.