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Month: March 2019

Consolidation of the Loan Without Secrets

Consolidation of the Loan Without Secrets

Credit consolidation is the only way for many people to get out of the financial spiral. If we have several loans already on our account and our financial situation is not improving – it is worth considering a consolidation loan. A consolidation loan will allow us to combine several debt into one installment. This will affect the amount of monthly debt, lowering it. We can apply for granting a consolidation loan even if the debt includes a credit card loan,…

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Loan Special Repayment

Loan Special Repayment

Many loan agreements today offer the possibility to make special repayments. A special repayment that is made outside the normal rate either reduces the monthly installment or shortens the life of the loan. In any case, special repayments ensure that the loan costs are reduced overall, because the interest burden decreases. Special repayments do not have to have notice periods, but often only once a year. For installment loans, borrowers usually have the opportunity to make a special repayment after…

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