When funds are piling up, it can be difficult to see clearly in your budget. The monthly payments and the rates are not the same for all the loans in progress. The repurchase of credit can be a solution to regroup them in only one and to balance its budget. Good Bank supports you in your project.
Tip number 1: pretend to buy back credit
Are you looking for a solution to buy back credit? Do you need to do simulations to see more clearly? With Good Bank, you can make them online and get a quick response. With a few clicks, you can do a lot of calculations to find out if this operation suits your situation.
Credit repurchase, credit consolidation, refinancing or debt restructuring; may relate to the repurchase of consumer credits (car credit, revolving credit, personal loan), but also tax delays and may include a mortgage. In the latter case, we speak of mortgage loan redemption. A guarantee will be taken on the property via a notary.
What are the credit buyback simulation tools?
Because the recommended debt ratio is 33%, the debt ratio calculator can help you better determine yours. One of the objectives of buying back credit is to decrease the borrower’s debt ratio.
Another calculation can bring you keys, that of the capital remaining due. In a few clicks, you will know the amount that you still have to repay to the bank and therefore the amount that you will have to redeem.
The amortization table simulator allows you to view your monthly and annual repayments in detail. You thus follow the evolution of the capital and the interests that you have to repay.
Last step: comparison of loan buy-back offers
Did you get the answers to your questions thanks to the simulation of your credit buy-back? The next step is to perform the credit buyout comparison on our comparator. This is non-binding and allows you to access solutions for your credit repurchase.