ou have a project in mind but you lack money to finance it and do not know how to proceed? We will give you the keys to realize your dreams. Indeed, it is possible to turn to a consumer credit when you want to finance a project. And if you want to focus on administrative procedures remotely, we offer solutions to obtain credit directly online, without moving to an agency.
When you have a project in mind but the financial means are lacking, there are several options. One can, if one is patient and that the project is not immediate, simply postpone its project while waiting to have the means and to profit to save each month of the money. Obviously, if you are more of the impatient kind, this solution will not suit you.
The solution that seems the most suitable is the one that allows you to achieve your project by subscribing to a consumer credit.
What is consumer credit?
Consumer credit is a credit granted to an individual by a financial institution. The individual, as borrower, undertakes to repay the amount of money made available to him.
Consumer credit is intended to finance various projects that the borrower may have: the purchase of a new vehicle, new technological equipment, a new kitchen, the purchase of a piece of furniture or even leisure activities: outings, travel etc. Be careful, if your project concerns real estate, you will not be able to subscribe to a consumer credit. Consumer credit is indeed incompatible with real estate projects.
The amount of consumer credit remains limited, between 200 euros and 75000 euros, which allows to realize beautiful projects. Know that there are two types of consumer credit, the assigned credit and the unallocated credit.
What is the difference between allocated credit and unrestricted credit?
As its name indicates, the credit allocated is intended only for specific projects. It is then necessary for the borrower to specify his purchase. The credit assigned has the particularity of being completely dependent on the good to be financed and conversely, one can not exist without the other. Indeed, if the credit allocated was concluded for the purchase of a vehicle, it will lapse if the sale of the car is canceled.
When the borrower subscribes to an assigned credit, he obtains a guarantee with the latter: if the good or service is defective or not delivered the borrower does not have to start repaying the loan, the sale and credit can be canceled. It should also be noted that if credit is denied to the borrower, the borrower is not required to honor his promise to purchase. This is both an advantage and a disadvantage of the credit allocated, it is specific to a given purchase and can not be used to finance anything else.
Borrowed the amount as you wish. How?
The unallocated credit allows the user to use the borrowed amount as they wish. This is indeed a very flexible financing solution since it allows the borrowed money to be managed as it sees fit. This independence has the advantage of freedom but the main disadvantage is that in case of dispute with the seller and non-delivery of the property for example you are required to repay your credit under the terms of the contract. In addition, if you do not get your financing and you have already signed a purchase order you will be unable to pay the property if you do not have savings aside.
The personal loan, which is the most used non-earmarked credit, is a non-earmarked credit but can sometimes be called a marriage credit or a travel credit in order to talk to the consumer, but the amount of money can be used by the borrower as he wishes. It can therefore be financing of property, service or cash or other things (excluding real estate).
Choose your credit house online
If you decide to use a consumer credit but do not want to take time to move directly to a bank branch, you can manage your administrative procedures from your computer. We advise you to visit one of the many existing online credit comparators and take a few minutes to enter your information (type of credit desired, credit amount, repayment period etc.). The website compares in a few minutes hundreds of loan offers based on your request and then you choose the online credit house that best fits your needs.
