MÉLENCHON - THE GREAT DEBATE OF THE PRESIDENTIAL
No general loan guarantees are called the Consumer Credit They come in different forms, both in the short term, renewable or permanent.
The most common form of loan is a personal loan that can be granted for a period of three months to five years, and for any purpose.
At current time rate for these loans is about 7 per year, although if the loan is less than 1500, it can be much higher than that rate.
Loans for home improvement, while those are called credit for work buying a car credit car.
You may be able to borrow up to 100 of the purchase price of the article or use the loan to meet cash flow needs during a constant amount per month is repayable over a fixed period.
A loan offered by a supplier by a finance house to buy a car or any other important element is called affected loan.
They are generally more expensive than personal loans and the lender may take a charge, called a gauge on the goods purchased.
You may find major retailers and distributors of cars that offer loans at 0, but look at the small print for expenses.
leasing credit arrangements are known as lease with option to purchase LOA loans are often made by a finance house linked to a supplier, rather than a bank.
Under this type of installation the products are actually to hire you and grants you the right to buy later a deposit of 15 of the purchase price is normally required.
Finally, there is also a range of credit facilities, called permanent revolving credit either by credit card or one of the biggest selling points are no guarantees given on a fixed rate with a credit this type, so that the rate is likely Expect to pay at least 16 range per year.
If you have multiple debts and want to unite them under one loan, this can be done by a credit redemption process called.
When considering refinancing loans of this kind, you must be particularly attentive to the costs.
Provided that the loan is of a personal nature for more than three months and for an amount in 21500 borrower has a strong consumer credit legislation.
Thus, borrowers have the right to full written offer which shall contain, among others, the real interest rate they pay the TEG and the total cost of the loan.
Once you have signed the contract you have the right to withdraw within seven days if you change your mind.
You also have the right to redeem at any time without penalty.
If you have difficulty making repayments later there is a capped interest on late payments in severe cases, you can ask for help or by a special body of public debt based on each department See 9 6 below.
If you are low income and unable to obtain a bank loan, you can make a social character loan application under the Social Cohesion Fund These are loans offered by banks, whose government underwrites 50 of loan, guarantee all banks are part of this national initiative are key partners Caisse d'Epargne, Banque Populaire and Crédit Agricole.
Types of loans in France PREF personal credit consummation, loans, credit, personal.