November 22, 2018 admin 0Comment

Consumers who struggle to transfer expensive loans to providers that are much cheaper.

Dure leningen oversluiten

This can have various causes. One of these causes is that the banks have changed the acceptance criteria so that it is not possible to transfer the loan. Another reason may be that the current monthly term is “so nice and low” because at this moment only interest has to be paid.
Exchange expensive loans, however, often generates money in the long term. But how do you deal with it if you want to make expensive loans possible.

Look critically at your expensive loans

If you really want to do something about your financial burden, it is important to look critically at your loans. What is the interest rate at this moment? What is your monthly payment? How long have you been paying the loan ? How much did you actually pay in interest? Make a clear list of this. It is not always fun to do, but certainly educational. You get clear insight into your financial situation, and immediately see what you pay a lot. Take everything with you. Also your overdraft on the payment account, your credit cards and your loans at Otto, Wehkamp or Neckermann. For all these parties you simply have to pay interest, and so are also loans. Usually with an interest rate of 14%!

How do you subsequently switch your expensive loans?

After you have an insight, you can easily check how you can switch your loan. The stage of requesting offers has then arrived. We recommend that you always request multiple quotations so that you can make a good comparison to find out where you can borrow the most advantageously.
Do not only look at the lowest interest rates, but also look at the additional conditions, duration and total costs.
Even with a higher monthly payment you can still borrow more advantageously. Or perhaps actually more advantageous to borrow. This is because a higher monthly installment ensures more and faster repayment, and therefore less interest paid over the entire term.