More than 12 million French families have a loan in progress, according to statistics. Suffice to say that this boom in the world of finance has a more or less positive impact on the economy if however the family does not risk a case of over-indebtedness. Consumer credit includes all loans of money other than home loans and business loans. Thus, there is a multitude of credits for individuals.


The purchase of consumer credit, how does it work?

consumer credit, how does it work?

Loan work, auto loan, student loan, personal loan, revolving credit, each of these credits has its own requirements that condition them. The rates are different, the monthly payments as well as the repayment period. So the borrower gets lost sometimes in all these numbers.

Moreover, if this accumulation of credit over the years is faced with the difficulties of life, the borrower will no longer be able to cope with all the repayments. The purchase of consumer credit or credit restructuring allows you to group your different credits into one.

This grouping of credit has the main objective of reducing your monthly payments by simplifying your operations. But there are also purchases of a single credit even if it is less common.


The benefits of buying back consumer credit

The benefits of buying back consumer credit

Redeeming easy credit is therefore about finding better terms for credit or loans in progress and getting it redeemed by a single credit agency. Several benefits will come from this restructuring. For example, there will be a considerable drop in monthly payments and the general cost of some loans, a rate much lower than the cumulation of old rates, a debt repayment that will avoid a possible over-indebtedness.

The credit redemption will also allow you to anticipate a possible financial imbalance (loss of income, unemployment, accident leading to a work stoppage) and to carry out other projects. Indeed by reducing your budget, you recover a little of your purchasing power. Which will allow you to breathe a little. However, choose the organization that will buy your consumer credit by always using an online comparison.

Thanks to its network of partners specializing in credit, Werther can help you discover a wide range of products to finance your projects: personal loan, rapid consumption credit and without justification, real estate credit and revolving credit, which are available from € 500 to € 75,000. Feel free to use our free online credit comparison and no obligation to find the best credit for your situation and your budget.