In several moments we approached the consolidation of credits as a solution to reduce the monthly charge of several loans. The purpose of consolidation is clear and there seems to be no doubt that in the short term it is an effective solution as it allows one to alleviate the monthly finance charges. It seems
The lending rates have taken a pleasing course in recent years for the borrowers. They have continued to sink. It has never been cheaper than borrowing money from the bank. However, this is annoying for those who have older loans. Here, the interest rates are far too high. A loan refinancing can help solve the problem. However, it is important to
Business founders have a hard time. They carry the burden of their newly opened business and also have to reckon with financial bottlenecks. It is particularly difficult when a loan for the company is needed. The hurdles are very high in such cases and actually it is almost hopeless to get such a loan.