Auto loan

How about changing your car today? Why hesitate? If it's a financing problem, know that you can take out a cheap auto loan to finance the purchase of your vehicle.

Our advice for obtaining a car loan

If want to buy a new or used car. The timing is right. This consumer credit is a great help for all French households. However, a good car loan is measured by its ease of access and its flexibility because it does not restrict the option at the level of brands and car segments.

It is the profile of the borrower that determines the quality of this type of loan. Any borrower should master his repayment capacity, his financial standing which exempts him from the famous personal contribution often required by banks.

A good auto loan exists

The borrower should check with the concessionaires or use the services of an agent to be able to present to the lending institution a proof of the project, validated by the seller.
An affordable APR, a large amount to be repaid over 24 months with a suitable monthly payment in relation to the applicant's monthly income, is called good auto credit.
According to the rate barometer, for a loan between 5,000 US dollars and 9,999 US dollars for 12 months, the average rate is 1.79% For 36 months, a loan of more than 15,000 US dollars is 2.59% .
A good auto loan benefits from viable borrower insurance that secures the purchase in the event of an accident or other unforeseen circumstances.

cheap auto credit

What is the right duration for your auto loan?

The repayment period must not exceed the official argus period of 5 years. Experts believe that a repayment period between 24 and 36 months is reasonable.

The borrower must imperatively know his possibilities. He connects to an online platform. He performs a credit simulation. What is the right amount to borrow? Answer: when the monthly payment represents less than 30% of his stable monthly income, it returns him the amount of the viable loan. From this amount, it will target the vehicle and the dealership.

Other consumer credits to enjoy

Works credit

As its name suggests, work credit is used to improve or fit out your home. This type of project requires a more or less substantial budget. This is why financial organizations and banks offer individuals a loan dedicated to work. The amount ranges from $ 5,000 to $ 75,000, for a repayment term of 12 to 120 months.

Personal loan

The personal loan is designed for the realization of your personal projects related to consumption. It allows you to have an amount ranging from $ 1,500 to $ 75,000, which will be defined according to your project. The rate varies in relation to the repayment term which can be done between 12 to 120 months. Online tools allow you to calculate the total cost of your loan.

Revolving credit

Revolving credit is designed to help you deal with unforeseen daily expenses. As the borrower, you decide how much money you need and how long you should repay. The revolving credit is reconstituted as and when repayments are made and can be renewed if money is needed with optional insurance.

Credit buyback

The repurchase of credit is a solution offered by your bank to simplify the management of your credits, and this, by regrouping them around a single credit. It is customizable and adapts to all situations and all profiles. It allows you to better manage your budget and reduce the amount by having monthly payments up to 60% lower.

Motorcycle loan

Motorcycle credit is a consumer loan allocated to the purchase of a two-wheeled vehicle, scooters or motorcycle. It is a financing solution for the acquisition of a motorcycle, it can be new or used. Thanks to this type of loan, you can afford the motorcycle you've always dreamed of for your everyday trips.

Wedding credit

There are loan platforms that are there to support you in your life plans, including marriage. They offer this credit with the APR twice lower than that of a revolving credit. Don't deprive yourself, now is the time to treat yourself. The marriage loan is an interesting solution to finance this unique moment.

Travel credit

Travel credit is an easy way to have sufficient financing to go on vacation. It is a loan that you could request from your bank or from financial institutions to carry out your travel plans that you have always dreamed of. Of course, the money you are going to borrow is not only used for your travel expenses, but also for your equipment.

Credit without contribution

Need funding for a personal project? Be aware that there are financial institutions that grant loans without requiring personal contribution. It is a simple, fast and transparent way to grant a loan. The procedures are even simpler when the requested amount is small. Most importantly, you can prove that you are capable of honoring your commitment to your bank.

Credit without inquiry

Credit without inquiry is available to the general public in urgent need of money. It remains special with its very short processing time and unrivaled accessibility. By opting for this type of loan, you can use the allocated funds as you wish, without you having to justify. The main thing is that you can repay your loan as agreed in the contract.

Easy credit

There are many steps that demotivate borrowers to make a loan from financial institutions, if we cite only the supporting documents, the too long processing time and complex procedures. With easy credit, all these procedures no longer exist. It consists of applying for a loan online. It only takes a few clicks for the borrower to receive a response.

CAF loan

The CAF loan is advantageous in the case where it allows to obtain a loan at zero rate. You can use the funds granted for your personal projects such as work on your house, the purchase of household appliances, the purchase of a car or even to provide for childbirth costs. On the other hand, the use must be as a first necessity, but not for comfort.

A loan commits you and must be repaid. Check your repayment capacity before you commit