Loans for the reunification of debts
Payments for loans, mortgage, credit cards … are some of the fees that can be accumulated at the end of the month.
And the truth is that having to make different monthly payments can be quite stressful; the reunification will allow us a greater relief and ease of paying the debts . We tell you what it is and which banks to reunify debts
What is debt reunification?
It involves grouping all payments into a new and unique loan that will group them all and whose amount will be the sum of all outstanding debts.
It also allows you to change the repayment term and their interest, so the monthly payments will be lower but we will take longer to pay off the debt, so we will pay the interest for longer.
Banks to reunify debts
We show you some of the banks to reunify debts , their requirements and conditions.
Specializing in home equity loans, they are an ideal option if you need financing to reunify debts and have a property free of property charges. You can get from $ 8,000 to $ 500,000 always depending on the value of the property that is put as collateral.
You can request from $ 4,000 up to $ 15,000 and return them within 12 months to 72 months. It has a TIN of 4.95%, a minimum APR of 10.43% and a maximum APR of 18.43%. It does not add opening commissions and you can also request it without the need to change banks.
It is another of the banks to reunify debts. In this case it offers special conditions, since when it comes to this service you can return it in up to 120 months. The amount can be between $ 6,000 and $ 60,000. Interest is a minimum TIN of 5.95%, maximum TIN 13.90%, minimum APR of 6.12% and maximum APR of 14.82%. To apply, you must have a monthly income equal to or greater than $ 1,200, be in possession of an indefinite employment contract and present the direct debit of a receipt.
With this bank to reunify your debts
You can request amount from $ 3,000 to $ 6,000. It offers an APR of 6.11% and a TIN of 5.95%. You can return it within a minimum period of 2 years and a maximum of 5 years. It’s 100% online, and you don’t have to pay opening, study or early cancellation or redemption fees.
This loan offers the possibility of requesting from $ 3,000 to $ 30,000, has a minimum repayment term of 1 year and a maximum of 8 years. The minimum APR is 723% and the maximum APR is 19.56%, and the TIN can vary between 7.00% and 18.00%. A fundamental requirement to be able to request it with Evo is that you cannot be in Financial Credit Institutions .
To reunify debts with this bank you can ask from $ 1,000 up to a maximum amount of $ 40,000. It has a APR of 5.00% and a return period of 24 to 72 months. To apply you must have a stable and demonstrable income and not be more than 70 years old.