The purchase of credit for civil servants allows state agents who have taken out loans reserved for civil servants to consolidate all their claims in one monthly payment. Credit redemption simplifies budget management while reducing the amount of monthly payments.
The official loan, a loan reserved for state agents
The official loan is a real estate banking product reserved for public servants of the State, territorial or hospital. It is specifically designed to allow public servants, who do not benefit from the 1% employer loan, to finance the purchase of their principal residence, whether new or old, with or without work. The official credit has several advantages:
- the surety can be paid by the employee’s occupational health insurance scheme;
- the amount of insurance is cheaper than in a conventional loan;
- it allows the borrower to retain his rights to Personal Housing Assistance (APL), if he has one.
The borrowing rate of the official credit, meanwhile, is identical to, or slightly higher than that of the market. However it is capped at 7%. To benefit, the borrower must first have a Social Action Loan (PAS), or a loan agreement. He can then apply for a loan from Crédit Foncier de France, the only organization authorized to distribute this product. The various professional mutuals in the public service are responsible for guaranteeing and guaranteeing credit for the borrower.
Simplify the management of its loans through the repurchase of credit
The purchase of credit is a simple and advantageous way to optimize the management of its budget, to preserve its purchasing power or avoid the risk of over-indebtedness. To obtain the greatest benefit, you must have taken out at least three loans, for example:
- a mortgage loan;
- a car loan;
- a consumer credit.
Rather than having multiple withdrawals, at various installments on his account, a credit redemption makes it possible to group all the debts contracted in a single monthly payment. This is particularly beneficial for revolving consumer loans, which have very high interest rates and are very difficult to get rid of. By consolidating all borrowings into one single rate comparable to the market rate, with only one insurance, and by extending the term of the debt, the redemption of credit can reduce the amount of its monthly repayments by more than 50%. It is therefore a particularly effective solution to free up a higher monthly budget, regain purchasing power for current expenses, and have a more secure visibility over time of its bank accounts and receivables.
Creditstair, an innovative solution that can be used for a credit redemption
Creditstair provides an online platform, money placed by individuals or institutions can finance the projects of individual borrowers. Without the intermediary of a traditional lending institution, interest rates are more competitive! Creditstair is remunerated by collecting only the expense of managing files from borrowers. It is an intelligent and innovative financing solution, perfectly transparent. Organization approved by the Prudential Control and Resolution Authority of the Bank of France, Creditstair offers all the guarantees and security of a bank. Flexible and fast, one application with Creditstair is made online, after having performed a simulation of repayment, over a generally period between two and six years, and providing all the necessary documents to study its banking situation. . Once credit is granted by Creditstair, the borrower is granted funds that he can use himself to repay certain outstanding credits.