With a clearing loan, you can get loans and refinancing even if you have bad credit, debit or ongoing debt collection issues.
One clearing loan or a restart loan will be a good opportunity to get a fresh financial start even if you have poor or no credit from before.
I have written a more in-depth article on how restructuring loans work, but in short it works like this:
A tidy loan can be given to people with security in a home or property even if you have a payment note from before. The lender will clean up your finances and collect non-recurring debt by paying off debt collection companies and pooling all debt into one new, non-recurring loan, hence the name “clearing loan”.
- A tidy loan can be given to people with bad credit
- You can get a loan even if you have a payment note and debt collection.
- You can apply online.
- You must be 25 years or older.
- The loan can provide an easier, transparent economy for those who have long struggled with debt collection or expensive small loans.
Benefits of a tidy loan
A mortgage loan allows you to refinance your debt with one new loan even if you have a bad credit and bad credit.
The mortgage loan allows you to refinance and collect old debt, small loans but also debt collection.
Collecting old loans into a new tidy loan or a restructuring loan can often give you better interest rates, a simpler overview and also lets you drop expensive fees. Especially if you have ongoing debt collection cases, a tidy loan can be profitable.
How To Get Loan With Payment Note
At Finanstipset or Mybank you can apply for a tidy loan and get a non-binding offer back.
To refinance your mortgage or other loan-deferred loan you must have a home or other property that you can provide as collateral, as well as some other requirements:
- Be similar / taxed to Norway for over 3 years
- Have a minimum gross income of USD 250,000 per year. year
- Have turned 25 years
- Own a home and have a rate / eTax / valuation available
- Submit the last tax return and your last three pay slips
Example interest rate: Effective interest rate 6.79% v2mill o / 25years, costs USD 1,895,969, up to 3,895,969. Remember that the example interest rate on a tidy loan is intended as a guide.
Your current interest rate is calculated based on debt ratio, risk, credit score and many other factors. The current interest rate you get through a personal review and a non-binding offer.
Get better credit rating
Even if you have bad or low credit today, there are solutions to repair it. But first, you should actually investigate what kind of credit score you have.
Moneydefend Bank offers a free credit check and at the same time personal tips on how to improve it.
In short, you can improve your credit score and credit score, including the following:
- Have a stable living situation with a permanent place of residence.
- Pay bills on time.
- Get a lower debt ratio.
- Increase your income.
For a more in-depth article, read more about credit score, how to check and improve it.
Comparison of loans & refinancing Conclusion
A mortgage loan or a restructuring loan can be a good option to refinance your debt and debt collection even if you have poor or no credit rating today. The clean-up loan can give you control of your personal finances and get rid of expensive debt collection and collect other loans.
On the other hand, you should go through your personal finances to prevent deeper debts in the future. I myself have discovered how important a personal budget can be for gaining control of the private economy, and you can save large sums every single year simply by being more conscious about money.
You should also consider increasing your income, such as with a side job or a part-time position. The good news is that in today’s modern society, finding a flexible job to make some extra money is easier than ever.