When you are over-indebted, you feel like you are drowning. It is possible that, due to this situation, you begin to lose quality of life: migraines, gastritis and other symptoms of stress appear.
It seems that money is never enough and, furthermore, it is difficult to keep track of payment dates and the conditions of each loan.
In such a situation, it is best to seek advice and negotiate a consolidation of debts in Coopealianza.
What is a debt consolidation?
It is about merging all the loans and unifying them in a single account, before a single financial entity, in this case, Coopealianza.
Una debt consolidation It can include credit cards, personal loans, family loans, among others.
Unifying debts means that Coopealianza buys your debts to offer you better treatment and favorable conditions.
What is the use of consolidating debts?
The purpose of a consolidation or unification of debts is for you to go from paying several bills to a single one, keeping an optimal control of your credit, with a single payment date and a single installment.
As we have said in other blogs, the consolidation of debts brings a whole series of adjustments that allow the debtor to make payments according to their possibilities and with interest lower than the accumulation of charges to which they were obliged with the separate debts.
What are the biggest advantages of a debt consolidation?
The most important thing is to agree on an amount that may be less than what you currently pay when adding all the debts.
Another advantage is that, by having a fixed fee, you will not find yourself in unexpected situations and it will be easier to keep track of payments.
Sometimes it is even possible to extend the term to repay the loan.
And finally, by unifying the debts, resources are released to meet other family needs, giving you greater peace of mind.
Greater peace of mind and financial freedom
In summary, with the unification of debts, the debtor pays a fixed monthly fee, for an amount that may be less than the sum of the debts, this will translate into mental health, less stress and anxiety, and better personal finance habits.
At Coopealianza we know that one of the audiences that most takes advantage of debt consolidation are public sector employees, who have acquired loans thanks to the ability to pay that a fixed and stable salary provides, but who want to have more on their debts and pay less interest.
However, anyone, even if they are not a public employee, can visit our offices and request advice to consolidate their debts.
Contact Us at 2785-3000 or enter your information in our credit application form.