Repurpose loans: How to do it right!

If it later turns out that a loan was the wrong decision, a rescheduling comes close. Mistakes can have many causes: Sometimes the timing was bad, sometimes the vendor turns out to be inappropriate. There is a solution for almost every situation. A critique at vins-jean-de-monteil.com

Debt restructuring

Debt restructuring

Urgent debt restructuring is often associated with late payments. If the bank has terminated loans, must be acted quickly: Without timely repayment, the credit rating is ruined. Help can be provided for mortgage loans that will be used to pay off the outstanding loans. In connection with an unencumbered property such loans are currently particularly interest-bearing.

Tenants can lend their life insurance and thereby replace prekore loans. The loan can be paid by the insurer as an advance on the sum insured. Alternatively, the policy can be deposited as collateral for a bank loan.

Sometimes a loan is prekor by one or both parties involved. This can z. This would be the case, for example, when the board of an industrial group receives a low-interest loan for its private villa and this loan is paid out by a bank that is the lead of the company’s two years back as the lead manager accompanied. If such transactions become known, negative headlines quickly follow.

Very cheap loan

Very cheap loan

Prominent and politically exposed persons often do not act with intent. They only shy away from “free” contact with a bank or several banks because they fear that their project will be treated confidentially because of their reputation. That’s why they like to borrow money in their personal and business environment.

Since loans are currently very cheap on the regular market as well, it hardly pays off. The obligation to the lender arising from the “affluence” can be unpleasantly large compared to the actually realized interest savings.

We therefore urgently recommend “celebrity” credit seekers to first consult a mediator. The place of business of the intermediary should not lie in its own business and private sphere of activity. Mediators can look for a bank that is “politically correct” and minimizes the risk of conflict of interest.The mediator ensures that treatment is absolutely confidential: he can send the loan application directly to the bank’s governing board if necessary For example, an unmotivated apprentice does not send confidential information to the press.