The simulator allows you to make a choice quickly and efficiently without wasting time. In addition, you can find answers to all your questions on the subject from a device connected to the Internet. The simulator has many advantages and allows you not only to save a lot of time but also to find the best offers.
The simulator is a tool that helps you find many types of offers that are mentioned very clearly and are simple. You can then choose the consumer credit that is adapted to your needs and your requests.
What is a consumption credit?
Consumer credit is a category of credit that is offered by banks or businesses in the financial field. It is granted to individuals for the financing of different purchases of goods and services such as automotive or home equipment. This type of credit is different from home loans for individuals because the latter is granted specifically for the financing of real estate.
Consumer credit is characterized by a lower loan amount and a shorter repayment period. In general, consumer credit is repaid from a schedule that includes periodic monthly payments.
The bank or financial institution that grants the consumer credit decides on the terms according to certain criteria, namely: the professional and personal situation of the borrower, his income (civil servants and people with a permanent contract are most often advantageous) and its debt ratio (total annual and monthly expenses).
Benefits of a consumer credit
The consumer credit has many significant advantages.
First, with a consumer credit, you have the choice not to pay for the good or service you buy at one time. In addition, you have a legal period of 14 days to retract.
Lending organizations must offer a classic credit if you make a purchase of more than $ 1,000 and the interest is lower.
The bank or financial institution must consult the Personal Credit or FICP Credit Refund Incident File before granting a consumer credit. This avoids the granting of a loan to an individual in an unstable situation, who will not be able to repay.