The various consumption credits to finance all your consumer goods, car, motorcycle, boat, decoration, works, etc … as well as services or leisure, travel, weddings or any other event …
Renewable consumption credit (eg cash reserve or revolving credit)
The consumer credit includes revolving credit (eg cash reserve or revolving credit).
This renewable consumption credit puts at your disposal on your account a sum of money capped permanently. The monthly repayment is provided for in the contract. As you reimburse, you again have a supply of money that you can reuse as you see fit.
Rates of this type of credit are relatively high. This credit is expensive and encourages the borrower to use the money constantly. The problem is that the incentive to permanently use all of its cash reserve is large because the account is permanently credited, which is not to depreciate the capital and pay the maximum interest each month. Use with extreme caution, and if possible avoid!
Its opening is subject to strict regulation, because its operation is particularly risky and tends to put the borrower, the borrower in a situation of over-indebtedness. The lender must inform the borrower of the risks involved (monthly statement of all sums due, communication of the annual percentage rate of charge or annual percentage rate of credit, and the borrower too.
Consumption credit for the purchase of a car
For your car loan, if your credit is less than 75 000 $, it is likely that it fits into the legal definition of consumer credit and therefore benefits from the legal protection of the Scrivener law.
If the car loan is more than 21 500 $, it is not legally a consumer credit, this type of credit is no longer dependent on the Scrivener law. But other protection.
For you to choose the duration of the credit, the rates vary according to the duration. You have to have a comfortable living space to cope with when you need it. Do not hesitate to make different simulations because according to your profile an organization may be more advantageous and ultimately you can make great savings depending on the rate.
Whether you opt for a new car loan or a used car loan, you can contract it from a bank, a specialized credit agency or a car dealership. Depending on your decision, you have the choice between several types of auto credit: personal loan, credit affected or lease with option to purchase, the latter mode of financing can be very expensive depending on the use of your car.
Motorcycle loan for the purchase of a motorcycle or scooter
The motorcycle credit as the credit auto allows you to make your acquisition a motorcycle or a 2 wheels in the broad sense of the type scooter, moped … The conditions of subscription are the same as those of the credit car, do not hesitate to consult our online credit comparator adapted to motorcycle credit.
Just like auto credit, there are many different credit schemes to finance your bike. You can use a personal loan, an assigned motorcycle loan, or a lease with option to buy (LOA), but it is more expensive.
You can use a personal loan from a bank or credit institution, which allows you to borrow more than the price of the bike and thus finance additional equipment. This type of credit also allows you to choose between a new motorcycle and a used motorcycle. On the other hand, you do not have to present proof of purchase but know that in return, you will have to repay your credit even if the vehicle is not delivered. You can still make an early repayment.
You can buy a motorcycle credit at the dealership or garage that sells you the vehicle. Know that if you opt for this type of motorcycle credit, you will be required to buy a new motorcycle. The affected motorcycle loan gives you some security since, if you do not get your loan, the purchase is canceled and vice-versa: if the bike is not delivered to you, the loan is canceled, it is the application of the code of consumption. As for the personal loan, you can make an early repayment.
The credit works to finance the decoration or work in a housing
The credit works is a consumption credit intended to finance your work, and like all consumer credit it can go up to 75 000 $. But in some cases it can exceed them and go up to 99000 dollars, but in this case you benefit from the same regulations and protection as the mortgage.
Whether you are a landlord or tenant, you can apply for a credit works for large works or decoration, renovation, enlargement or redevelop a room kitchen, bathroom, improve its living environment, give the value to his home are desires shared by all.
The credit works is part of the consumer credit for which you have long enough between 72 to 84 months.
Unlike the consumption credits, the rates for work loans are lower than other personal loans because the financial institutions consider that the work credit is less risky because it contributes to the improvement of your habitat or to a gain in value. some way.
Discover the different credit rates works by consulting our selection of the best financial institutions for credit work.
The travel credit to finance your holidays
The consumption credit also makes it possible to finance a trip even if a trip can be considered as a superfluous pleasure.
A trip during the holiday season, however, helps to relieve fatigue and recharge the batteries to face the return in good conditions. Going on vacation is important that’s why the consumer credit has adapted to help you choose the most suitable holiday.
So do not hesitate, whether it’s hiking or relaxing by the pool or on the beach, it is important to choose your ideal vacation. According to your needs: rest, physical activity, escape? Depending on your pace or your personality, holiday desires may be different. Before choosing a holiday destination, you must ask the right questions about your needs and desires.
So take advantage of this opportunity offered to you to choose through the travel credit. Use our comparator to make your choice and travel at the best financing conditions.
The motorhome credit for the purchase of your motorhome
For your motorhome consumption credit, if your credit is less than $ 21,500, it is likely that it fits into the legal definition of consumer credit and therefore enjoys the legal protection of the Scrivener law.
If the motorhome credit is more than $ 21,500, it is not legally a consumer credit, this type of credit no longer depends on the Scrivener law. But other protection. It’s a personal loan.
For you to choose the duration of the credit, the rates vary according to the duration. You have to have a comfortable living space to cope with when you need it. Do not hesitate to make different simulations credit motorhome, because depending on your profile an organization may be more advantageous and ultimately you can make great savings depending on the rate.
Whether you opt for a new motorhome credit or a used motorhome credit, you can contract it from a bank, a specialized credit agency or a car dealership. Depending on your decision, you have the choice between several types of credit: personal loan, credit affected or lease with option to purchase, the latter mode of financing can be very expensive depending on the use of your motorhome .