Credit repurchase without broker

Obtaining your credit repurchase without a broker is quite possible, you just have to go directly to a bank or a credit institution.

The objective of a loan repurchase may be different depending on the borrower’s situation, some will seek to save on interest repayments by negotiating a better rate while others will seek to reduce their monthly payments by redeeming consumer loan and home loan at the same time. In both cases, it is important to find the best offer and this is what a broker usually offers, that is to say, canvassing banks and credit institutions for the borrower to make him win time and get an interesting offer.


The loan repurchase without having to resort to the broker

loan repurchase

Simply, not all brokers are equal, some are more experienced than others, and above all they will be paid on the amount of financing, a mandate which can quickly climb depending on the amount of the loan. In order to avoid these additional costs in the financing of the repurchase of credit, certain borrowers will deposit a request for the repurchase of the loan without a broker. Note that it is also possible to obtain a mortgage without a broker.


How to obtain a credit repurchase without a broker?

credit loans

Without a broker, you have to get started in the process and for this reason, there is a service that saves time and especially to prepare your case by targeting the relevant organizations. This service is the online credit buy comparator, it allows you to file a single request and to be contacted by banks and credit institutions that can respond favorably to the file. The interest is first of all to compare the offers received in terms of proposed rate, total cost of the repurchase of credit and insurance borrower, it is what generally proposes a broker.

After selecting one or more interesting offers, all that remains is to complete the file with the bank (s) to validate the financing. At this stage, it is possible to play on several tables, that is to say, to build up a file with two credit institutions in order to obtain two proposals to buy back credit. After obtaining contracts, it is finally time to choose between one or the other financing offer. Note that one can also perform this type of approach with three banks, but it becomes more complicated to manage for the borrower.


Simulate your credit repurchase without a broker

debt credit

Whether for a home loan repurchase or a credit consolidation, credit repurchase brokers are not essential, it is, therefore, possible to carry out your own procedures and start negotiations with banks and establishments of credits. It is especially necessary to remain vigilant on the total cost of the repurchase of loan, it is this element which determines (more than the rate) the value of a financing offer. To start the comparison and find the best offer of the moment, just complete the loan buyback simulator.

Credit repurchase over 12 years, 144 months

Reduce your monthly payments with a credit repurchase over 12 years (144 months), get the best deals now by simulating your credit consolidation, it’s completely free and fast. The best rates of the moment are on this site.

Within the framework of a credit consolidation operation, it is possible to choose the duration, that is to say, during the simulation, to determine the number of years of repayment desired, if borrowers often speak of years (example: 12 years), financial institutions systematically speak in number of months (the equivalent being 144 months). It is therefore possible to define the duration of his choice, the only limit being the correspondence and the feasibility with his repayment capacities, an answer which can be answered by the credit buy-back simulation, it is completely free and non-binding.

Credit repurchase over 12 years

Credit repurchase over 12 years

The repurchase of credit makes it possible to regroup all types of loans, namely consumer loans and mortgage loans. In both cases, it is possible to leave over a period of 12 years and even add an amount of “cash”, an amount allowing to finance a personal project, without having to resort to a new loan. The loan repurchase simulation allows you to have an estimated result of the future monthly payment, this step also involves specifying the number of loans to be bought back as well as the amounts of the current monthly payments, this is valid for borrowers with only home loans or borrowers with both home and consumer loans.

How to set up a 144 month credit buy-back?

The first step is logically that of the online credit buyout simulation, it will simply allow you to first verify the feasibility of financing taking into account the situation of the borrower. It is therefore essential to fill in all the information relating to outstanding loans, monthly payments currently reimbursed, but also to information specific to the borrower. All of these elements will make it possible to send the borrower financing proposals over a period of 12 years. Whether for a consumer credit buyout or a home loan buyout, the duration is valid for both financings and one can also add an additional amount.

Financial institutions will have certain requirements on the situation of the borrower, namely whether he is alone or accompanied by a co-borrower. Another point is the professional situation of the household. Ideally, you should have a permanent contract, permanent civil servant, retired or manager with 2 balance sheets. Beyond income, expenses are important as is the debt ratio. All of this will be verified during the request for repurchase of credit and the financial institution will offer a financing offer taking into account the duration of 144 months. It will be possible to adjust the duration according to the needs of the household, some have for example the desire not to exceed a certain amount of monthly payment. Note that the credit buyback simulation is offered free of charge and without any commitment.