With some basic information, we shall see if we can afford to take a credit. Sometimes it is better to hear a NO from your banker because it will avoid you some problems. We can help you to:
- Acquire practical knowledge of banking, insurance, taxes or credit: What do you need to know when choosing a financial product like credit?
- Understanding your legal rights as a consumer: How to better defend yourself?
- Prevention of the risk of over-indebtedness: What is debt and what are the consequences?
- How to speak about money problems at home?
- Acquiring the basics of managing a personal budget and potential of saving advice in regular costs (utilities, rent, car, credits, etc.)
Tips & Tricks
We support you to keep a clear head in checking credit viability before choosing credit and before signing a contract. We are not a broker and can not advise on specific loans but support you to be more critical and to assess your real financial capacity.
Do not take a loan with too long a repayment period. Indeed, this way you can significantly reduce the amount of monthly installments, but it comes at a price. The longer you repay a loan, the more it will cost you.
Good debt is defined by three factors: – The money is used to purchase something that is a necessary part of your life. – Repaying the debt does not blow up your budget. You can afford the monthly payments. – You have a plan to repay the money in a reasonable amount of time.
There are a few laws that guide your rights in the credit world. If you’re not in the legal profession, you probably won’t read the text of each of these laws. You should, at a minimum, be familiar with your rights.