Trust credit bureau for your auto loan redemption, it is also possible to finance a new vehicle with the best rates in force.
Credit purchase including a car loan The repurchase of credit allows to regroup several credits in one of which the auto loan. It is therefore possible to include credits of different types (consumption and real estate). This financing formula is for owners and tenants alike. The organization that implements a loan buyback purchases old loans (including the car loan) and sets up a new credit with a single monthly payment and lower. In other words, the borrower will repay a smaller amount per month through his new monthly payment. This operation helps to reduce the monthly debt ratio of the borrower and to facilitate the management of his daily budget. The operation may result in an extension of the repayment term and an increase in the total cost of the loan.
Grouping of credit and financing of a car
A loan consolidation operation may include credits, bank overdraft and a dedicated amount for new financing (such as the purchase of a car for example). This possibility is very limited because it can lead to an increase in the total cost of credit, just as the spread of the repayment period rightly. This assumption must be verified by a thorough study of the borrower’s situation. To do this, we invite you to fill out an application on the website of credit bureau.fr stating your need for financing a car, the latter will be transmitted to an expert analyst who can accurately establish the feasibility of the project.
Takeover of credit, car: the credit bureau expertise
credit bureau is a non-exclusive agent in banking transactions and payment services for loan consolidation. With its long experience and professionalism in the business, credit bureau is the partner you need in the redesign of your budget. The team of advisers is at your disposal to study your situation and offer you concrete offers to meet your financing needs. Anyone buying a car often takes care to try it before, for the purchase of credits with credit bureau it’s the same! credit bureau has put in place a simulation form allowing you to better visualize the effects of this credit operation on your finances.
NEW PROJECT: NEW VEHICLE OR OPPORTUNITY
Consolidation of loans reduces its monthly payments but also includes an amount dedicated to a new project such as the purchase of a vehicle. It can be a new car or used, just justify this project with a document type quote or invoice.
AUTO BUDGET: AN IMPORTANT SHARE
Every year, the French devote an average of 15% of their monthly budget to automobile expenses (source Barometer Drivepad 2016), a share, related to maintenance and use, increasingly important in the feeling of households. The average annual mileage is 11 800 kms.
CREDIT LOA: INCREASING FUNDING
Rent-to-buy is becoming more and more popular with households who benefit from new and maintained vehicles. This credit, which has been steadily increasing since 2015, can be grouped together in loans, that is to say included in the financing.