Ask for personal loans to pay off debts? Nowadays, to ask for loans to finance our purchases is not something out of the ordinary, but to ask for loans to cancel debts is something that, unfortunately, is also present in many homes.
The summer could have been very long … and with the arrival of September, the divorces increase a lot. According to a study by the University of Washington, January, June and September are the months of the year when there are more divorces. But … Eye! The separation does not cancel the debts, reason why both members of the couple continue maintaining their debts in common; so: “What has not joined love, will unite the debts.”
So, in this case or the loan is canceled, that would be the easiest thing; the debt is transferred to a single owner, or like the children would touch sharing custody, but this time custody of credit.
LOANS TO CANCEL DEBTS BEING IN Phineas, IS IT POSSIBLE?
Maybe you hope that the answer to this question is yes, because I have to tell you that you are lucky, because there are several companies that currently deal with the reunification of debts, that is, to manage loans to cancel debts with Phineas.
The reunification of debts means that all your pending payments are combined in a single installment, so the repayment period is extended and the monthly payment is reduced.
However, if you are in a file of defaulters, the last option you should ask for a loan to cancel debts should be the Bank, as they will check your history and if they see that you appear in one of these files, they will reject your application.
Therefore, one of the solutions we offer you from Gandalf , the online comparator of financial products that offers you several options so that you can choose the one that best suits you, is the request for personal loans to cancel debts that support Phineas.
ARE THERE BANKS THAT GIVE LOANS TO CANCEL DEBTS?
Most banks do not grant loans to pay off debts and the reason for this is simple. You, when you ask for a loan to the Bank, is usually to finance a car, to finance a house, to finance a mobile, etc … so the Bank has a guarantee, an asset, something that supports that loan, the car, the house and the mobile respectively. On the contrary, if you ask for a loan to cancel debts, reunify debts that are called, the Financial Entity itself has no value, no asset that is worth them “endorsement”, but, on the contrary, this would entail that in the In case of non-payment of this loan, the Bank would assume associated debts.
FINANCIERS THAT GIVE LOANS TO CANCEL DEBTS
As we have talked before, the reunification of debts is the method by which the financiers give loans to cancel debts; Thanks to this, you can reduce the interest on your debts, and, in addition, allow you to remain solvent in the banks.
By unifying the debts, the debt itself becomes longer so that the loan repayment time also lengthens. And not to change the third, in the long run too, we will be paying more money than we really should. But in spite of that, this is the most used way by those who need to request loans to cancel debts.
With the different financial institutions that Gandalf offers you to ask for your personal loans , you can take charge of your debt without going crazy looking for which is the best for you.
The only requirements that you will be asked for when applying for your loan are: being of legal age, having income that guarantees the repayment of the loan, having a bank account, being a resident in Spain and having a telephone number where you can be located.