Credit consolidation follows 5 steps.
But how does credit consolidation work?
Simulate your credit consolidation
First step: First, you need to submit a credit consolidation request. This is always free and without any obligation on your part.
Second step: Taking into account various indicators (debt level, mortgage ratio, etc.), a feasibility study is conducted. This is an essential step to validate the credit consolidation project.
Third step: If agreed, you will receive an offer proposal, and a reflection period is then granted to the applicant before any signature. Ready to decide? Schedule an appointment -at the Credafin headquarters or at home- for the contract signing. Various documents will be required, including the last three pay slips and bank statements, as well as the loan schedules.
Fourth step: The credit consolidation file is sent to the bank for review and validation.
Finally, fifth step: After validation, the funds are released. Starting the following month, the deductions will begin as agreed upon by the new credit consolidation installment.
Find the frequently asked questions below:
- What is credit consolidation?
- How does credit consolidation work?
- What happens during credit consolidation?
- What is the interest rate for credit consolidation?
- How many times can you consolidate your loans?
- When should you consolidate your credit?
- What is the purpose of an assigned loan?
- What is the purpose of revolving credit?
- Why consolidate your credit?
- Why choose credit consolidation?
- How to consolidate your loans?
- Which bank to choose for credit consolidation?
