It is also possible to change loan insurance every year at the anniversary date of the current contract through the law or Bourquin Amendment. Be careful, in both cases, whether in the first twelve months of the life of the contract with the Hamon law or on each anniversary date with the Bourquin law, it is fundamental to do the…
Real estate loan insurance When you subscribe to a long-term loan, as is the case for a mortgage, loan insurance is required to obtain your mortgage. These guarantees allow the bank to guard against a default of payment but they also protect the borrower in case of a hard blow. Few banks will take the risk of granting you a…
Since the last ten years, it has been noticed that the field of the loan has increased considerably; a large number of households use this system to try to improve their standard of living; and at this moment, some people are thinking of adopting it. Moreover, if you are not very aware of the reality, know that getting a loan…
Is it possible to borrow money without credit costs ? It sounds quite fantastic and seems impossible. Banks, savings and credit unions, non-bank companies, that is, all lending institutions also have to earn, do not act charity, but commercially and expect profits. However, non-bank companies often propose ” first loan for free ” promotions. This is mainly aimed at attracting…
For many people it does not really matter whether the same financial product is a loan or a loan. And the difference is really diametrical. Above all, when deciding on a loan, we almost always have to say what money is needed for. That is why we take a consolidation, car or housing loan. The exception in this situation is…