Loans can allow you to buy goods, finance projects… but be careful, they must be repaid. This
goes without saying, but it’s important to repeat.
Do you dream of buying a house? The mortgage loan allows you to do this, but be careful, the
house remains a guarantee for the lender until the loan is fully repaid! They generally extend over
15 years, or even up to 30 years. They can be fixed or variable rate. But above all, the rate can
vary enormously depending on the lending organization. Compare, compare, and negotiate!
A new car ? This is the Auto loan. And this can serve as a guarantee until full reimbursement. They
can be granted by banks, credit organizations, and even by dealers. Interest rates vary greatly,
depending on the term, the amount, and even your credit score.
Student loans finance higher education, student housing and other expenses . They can be
subsidized. In this case, they are of no interest.
Personal loans are often used to pay for unforeseen events (breakage, repairs, illnesses), as well
as vacations. Be careful to negotiate carefully and do not rush into quick and easy loans with very
high interest rates. Many left feathers there!
Payday loans are short-term loans that help you deal with unforeseen difficulties. But be careful,
the rates are often very high.
Small businesses can also benefit from entrepreneur rates to start a project or develop their small
business. Here too, know how to compare and negotiate.
Above all, whatever your needs, carefully calculate your repayment capacity. We can never say it
enough: a loan must be repaid.
