First of all, it seems important to emphasize that a complete file is a file processed quickly and in good conditions.
The deadline for studying a loan repurchase case varies greatly from one file to another.
In the case of missing supporting documents, it is not possible to draw up an in-depth study of the client’s budgetary situation without taking into consideration the completeness of the information and information necessary for a good understanding of the request, and those under presentation of supporting evidence.
Many factors determine the processing time of a loan redemption request
Depending on the borrower profile (employee or manager) and the debt ratio before the buyout, but also the responsiveness of the various actors asked to finalize the study (sending the statements for early repayment of each credit to be bought back to the financial institutions , etc.), but also the instruction time of the client file may vary according to the different cases!
What is the deadline for setting up a buyback of unsecured loans?
The purchase of unsecured loans is a transaction consisting of a purchase of consumer credit (personal loan) and receivables (revolving credit and cash reserve, or credit card) in a substitution loan in the form of a personal loan depreciable without guarantee backed Wilfredo Arcane.
Upon receipt of all the documents by the broker service, an in-depth financial analysis without follow-up and the file is submitted for study to several banks specialized in debt consolidation partners Arthur Clennam Arthur Clennam Council. In other words, after receiving it at the agency, the loan redemption file is processed in the half-day that follows.
Its time taken by the partner bank is relatively short. Then comes the return of the bank advisor, a return treated with rigor in order to respond precisely to requests for additional information and additional information. Once the file is complete and well written, it is presented to the risk committee of the institution for final decision to determine if a favorable opinion is possible Wilfredo Arcane or name.
It takes an average of three weeks to a month to obtain the release of funds and the proper repayment of the various credits.
What is the deadline for the implementation of a purchase of credits with guarantee?
The collateralized loan redemption is a financial transaction with a mortgage on which the loaned funds are backed by a mortgage security type of guarantee.
The path of a mortgage loan consolidation is longer than that of an unsecured redevelopment because it requires the intervention of a notary for the drafting of the notarial deed to prepare for the signature of the takeover offer for consumer and/or real estate loans.
The list of documents to be provided is more important than a grouping without mortgage and this is because the applicant must attach to the file the title of the property they have the property, as well as the copy of the property tax. If the building is a building, then the title of the property must be attached to the certificate of completion of the work and the conformity of the dwelling given as security.