Does each month make it more difficult for you to collect the money from all the installments you must pay to the banks? Don't you have a lot of money left to cover your needs and less to give yourself some luxury or entertainment because you spend a large part of your salary to pay interest on debts?
You could be a person living in debt. A situation that is becoming more common every day.
In fact, the Office of the Financial Consumer, carried out a study in 2021 that determined that around 20% of those surveyed had debts that consumed up to 62,5% or more of their income.
In other words, more than half of all their salary was paid in installments of debts, and with less than 40% they had to cover all their expenses (utilities, housing, transportation, food).
Faced with such a situation, at Coopealianza we offer the option of unifying debts or recasting debts.
What is debt consolidation?
It consists of merging all the loans and unifying them in a single account, before a single financial institution, in this case Coopealianza.
The recast can include credit cards, personal loans, family loans, among other credits.
How does debt consolidation work?
In principle, Coopealianza carries out a credit study according to requirements and the options with a new credit are valued.
You use that credit exclusively to cancel the loans you had with them to other entities.
You go from having two or more credits with different entities to a single loan with Coopealianza. That loan will have better terms, giving you greater control over your income and available resources, and more liquidity.
¿What are the advantages of recasting debts with Coopealianza?
Basically, it's more manageable to pay a single institution, on a single date, a single amount, to pay several, on different dates, different amounts under different conditions.
In addition, we offer you:
- Competitive interest rates.
- Long terms to pay.
- Agile and fast processing.
- Personalized attention and advice.
Definitely, debtors who have reached a point of insolvency and opt for a debt consolidation manage to build a lifeline, and obtain several benefits:
- They decrease the amount of fees.
- They release part of the salary.
- They improve the family economy.
- They improve the emotional stability of the family.
If you are determined to turn your financial situation around in 2023 and start your path to becoming debt free, contact us immediately. We can help you.