Debt consolidation

Credit repurchase, consolidation or restructuring is a broad term whose exact definition may vary depending on the context. Debt consolidation is when all of a person's loans and debts are combined into a single loan.

Avantages du regroupement de crédits

Would you already like to receive an overview of the monthly payment of your “credit pool”? Nothing could be faster and easier with the online simulation request. Would you like to obtain more information? Do not hesitate to contact us by phone or email so that we can arrange an appointment.

Benefits of credit consolidation

Consolidating all your debts into one loan brings a number of benefits:

  • You pay off most of your debts in favour of a single, usually larger, loan
  • You only make one monthly payment
  • As far as possible, you get a better interest rate

This solution is available to you if you have financial problems due to multiple repayments, but it can also be very beneficial in other cases. For example, the interest rate on your existing mortgage may be fluctuating. You may have taken out a mortgage aa few years ago, thinking you were getting the best rate on the market. What if interest rates have fallen since you took out your loan? The price of money is constantly changing, and the interest rates offered by credit institutions track these changes. It may be to your advantage to review your mortgage, car loan, home improvement loan or any other loan if market conditions allow.

LR Finances has over 20 years of experience as a credit broker and insurance office, and has been collaborating with a large number of financial institutions for many years. Our team of professionals has all the tools they need to examine your application, analyse your personal situation and offer you the best solution for you.

What if interest rates had dropped since your loan?

The price of money fluctuates constantly, and the interest rates offered by credit agencies follow this variation. It may be to your advantage to review your mortgages or other loans as market conditions permit.

Beware, however, of refinancing and the "hidden" costs associated with it: welding a mortgage loan before term generates, in most situations, reuse indemnities. In addition, refinancing your loan with another lender involves other additional costs such as the costs of release, opening of credits, file and expertise.

It is therefore necessary to study your request carefully and to propose to a specialist who can tell you if it is preferable for you to proceed with a grouping of credits or not.

Contact us for a personalized offer

Consolidation of credits a product that is customizable according to the loans to be consolidated and the personal situation of the applicant. Our know-how as an independent credit broker allows us to offer you personalized advice and to obtain an offer advantageously adapted to your situation. Contact our agency without delay for more information and to obtain a personalized offer according to your needs.

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Experience

At LR Finances, we put our XX years of experience in the credit and insurance sector at your disposal.

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Special service

We do everything we can to establish relationships of trust with our clients and work hand in hand towards the successful completion of their projects.

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Availability

Our offices are open every day of the week from 9 am to 5.30 pm. Our team can also be reached by email or telephone.

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