Synonymous with a full contribution and hard years of work, retirement is supposed to be a positive passage marked by the end of an active life, but many young retirees have to face the difficulties of balancing monthly payments and lower incomes, relief is for many the solution to be seen.
For 80% of seniors, the transition to retirement will be accompanied by a drop in income, one of the rare reductions to which we would gladly oppose because for those who have loans in the process of being reimbursed, the equation can quickly seem difficult to solve. Retirement is supposed to be a time of celebration, a smooth transition to retired life and pleasures, but above all you have to settle the question of expenses and quickly find a balance in your finances.
If some have taken out a smoothed loan, they have anticipated the phenomenon and their monthly payments will follow, but for most consumer loans, these adjustments will not be made, solely at the request of the borrower, with an operation that the this is called credit consolidation. The principle is relatively simple since the repurchase of loans will make it possible to gather all the credits in one to reduce the monthly payment, with in particular an extension of the duration of repayment.
Fortunately, the repurchase of loans can be requested before and after retirement, ideally, it is better to worry about it before because it allows you to take the lead and avoid difficult months but it is still possible to seize your chance. once the drop in income has taken place. The most important thing is not to wait for the situation to deteriorate because loan consolidation has its limits and beyond 50% indebtedness, no solution will be possible outside the over-indebtedness file.
To benefit from it, it is enough to request an organization offering credit consolidation offers for retirees, it can be a bank, a banking establishment or even a broker who plays the intermediary. These structures will be able to study the situation of the senior free of charge and inform him of the possibilities of financing in less than 48 hours.
If these steps seem long and complicated to you, you should know that there are online services allowing you to simulate your credit buy-back, these are in fact comparators which offer to file a single request and canvass banking establishments at the same time. who can offer a loan consolidation offer for retirees.
This allows after validation of the request to receive several offers to buy back credits and to make a choice as to the proposals received, note that insurance can be expensive in these products and that it is also possible to request a comparator.
