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House loans for bad credit

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85% of single-parent households are made up of single mothers, there are just over 1 million single mothers raising their children. Budget management is not necessarily easy for those moms who need to juggle household expenses. There is a big difference between a household which shares the incomes and the expenses vis-à-vis a single mother who has to assume alone financially, although she can receive alimony but it is generally not sufficient for maintain balance within finances.

The use of credit repurchase allows you to get everything back on track, whether after a separation or not. The idea is simply to redeem the various accumulated credits, to be able to include any overdrafts and late payments in order to put a flat financial housing program for single mothers situation. The new contract is offered with a fixed rate, a rescheduled repayment period and of course a greatly reduced monthly payment. We can redeem all types of loans, namely consumer loans and home loans.

Access to the repurchase of credit implies to present certain guarantees for the banks and the credit institutions, the first naturally being to have a contract of employment in CDI. Note that single mothers with a new spouse can borrow with the latter, especially if the spouse is on a permanent contract. Among the incomes will be taken into account the alimony received, it is therefore necessary to take care to specify this amount during the request because the presence of alimony can rock a file positively. Other elements will also be taken into account such as the debt ratio or the remainder to live.


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House loans for bad credit

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Published on February 26, 2020

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