Credit providers have set a maximum for the time that you can withdraw money with a revolving credit. So you can no longer borrow ‘infinite’ money.   Extra spending room with a revolving credit With a revolving credit you can borrow money during the term and repay it whenever it suits you. Handy, because that way you have extra spending space. However, there is also a risk here. Because you can withdraw a repaid amount, it requires self-discipline to become completely debt-free.   No more withdrawing ‘infinite’ money Credit providers have now set a maximum for the time that you can withdraw money with a revolving credit. Among others, SEDAM,…

The consumer proposal is a very effective solution to financial problems that allows an over-indebted person to settle their debts without losing their assets (house, vehicle, etc.). Despite its growing popularity, the consumer proposal remains a solution little known to the majority of Quebecers. It is often easier to explain this solution in detail by using an example. Here is a typical example that will allow you to better understand the consumer proposal.   Indebted Couple Troy, a construction contractor, is married and has two children. He owns a house with his wife, Liza, and they both have paid vehicles for their respective names. For some time, Troy has had…

“What should I look out for if I want to borrow money? “I regularly see that question come by. An important question, because you don’t just borrow money. With a loan you usually enter into a commitment for several years. So think about it beforehand. To help you on your way I have collected the best money lending tips 10 tips to make the right choice and to borrow money responsibly. Borrowing money, costs money Therefore, consider whether a loan is really necessary. Saving money for an expense is cheaper. Is saving not an option? Calculate how much you can set aside each month for the repayment. Determine your loan…

We set up its credit management expiry for individuals in debt distress, late payment and filed as contentious credits at the National Bank in Belgium. Our mission is to evaluate their borrowing capacity so that they can once again reach credit, from the sources of loans in the recovery and refinancing of credits in litigation.Good Finance gives solutions to people in litigation stuck in the Bank Nationale of Belgique and prohibited banking. You thought it was impossible to find a credit agency for anyone? Be proves the opposite thanks to its open loan to litigation. nYou are not mistaken, to present to arrears of payment or to be the object…

An accumulation of debt on credit cards, personal loans and other forms of credit at high interest rates can quickly outbalance a budget. The minimum monthly payments are getting heavier and the interest paid is huge. We just do not see the end!   Why refinance your property? Refinancing your property can be good for your budget: monthly payments on debts are reduced Refinancing your property to consolidate your debts may seem like an interesting avenue at first sight. The net worth of one’s property (the market value minus the balance of the mortgage) is used to repay debts and reduce the interest rate and monthly payments. For example, if…

It is possible not to accept the use of cookies, by selecting the settings for this purpose in the browser, however, it is important to take into account that if some features of the site are disabled, they may not be available in full. The rates and payments of the ARM adjustable-rate mortgage do not assume increases in the financial index after the initial fixed period of the loan. The proposed monthly payment and rate do not include anticipated tax payments or monthly flood insurance premiums or homeowners. Ask for a loan to buy a commercial space We have the possibility of buying a central location at an unbeatable price…