To meet all the needs of everyday life or to invest in a particular project, a consumer may request a financial institution to make available a sum of money for a specified duration and rate. This transaction is contractual between the borrower and the lender.
A borrowing corresponds to a method of financing granted to legal or natural persons so that they can carry out their projects. It can be a credit allocated to the purchase of a property (car loan, motor home loan …) or the provision of a sum of money to use freely (personal loan or revolving credit).
The different types of loan
Buying a vehicle, a house or organizing a trip or a wedding are projects that may require the purchase of a credit. It can take an unaffected form (ie personal, for its current expenses), or on the contrary, be dedicated to a specific purchase (mobile home loan, caravan, motorcycle, etc.). In revolving credit, the beneficiary may also have payment facilities or a credit card.
Subscription to the loan involves obligations for the beneficiary. It has to pay repayments, usually monthly, including a portion of the capital allocated, interest and sometimes
Optional insurance can also be taken out to guarantee to the lender that all the deadlines will be honored and to the borrower an assumption of the monthly payments in the event of accidents of the life.
Where to ask for a loan?
Specialized institutions are licensed to finance credits. With Pre-finance, customers are sure to call on a professional organization that has proven its seriousness since 1951! The various products and insurance offered by Pre-finance are available in an agency where your advisor will guide you best to your needs or online independently.