• The Reserve of money, also called Revolving credit, revolving credit, or revolving credit, is the provision of an amount of money, usable entirely or partly, within the limit of an authorized maximum amount.
The Reserve available reconstitutes refundings progressively.

Money, car,
travels, work house, houses...

• The personal loan is a credit intended to finance personal needs or the purchase of current consumer goods.
Contrary to a revolving credit, the monthly payments of refunding do not reconstitute a reserve available.

• Advice It is at the organization of credit that you will borrow money to buy the car of your dreams or your dwelling.

It is with the organization of credit that you will engage for many years. Also to avoid the nasty surprises, here some councils for choosing well.

First of all, you inform about the organization of credit which you aim. That perhaps your bank, and you know then which relations you have with your banker.
You also could see offers more enticing elsewhere. But before launching you, do not hesitate to consult your neighbors, friends, and even the forums over Internet.
Even if comments are to be taken or leave, you have a general idea in the way in which the organization treats its customers.

 

LOANS for the ACCESSION
with the PROPERTY

• The loan on real property makes it possible to obtain solutions of financing on 10, 20 or 25 years for the acquisition of a principal or secondary dwelling.

TO MAKE Few organizations SHORT Preferably as the Building and loan association in particular do not hesitate any more to lend over 25 years to see 30 years. You will understand easily that the motivation of the borrower will not be then the cost of credit, but advisability of becoming owner whereas it could never have been it! The rate over one long duration is inevitably raised approximately 0.30 to 0.60%.
The risks of accidents of the life increase over a long duration.
If you wish to resell your good in the 10 years, and that you make a loan over 30 years, will know that you will have refunded only the interests and not the principal capital.
You will thus have as much as at the beginning!!!
While passing from 15 to 25 Years, one decreases the monthly payment of 20% but one increases the total cost by 40%!!!

 

REAL INVESTMENTS

• LAW OF ROBIENS official Text

The law of Robien allows you :
- Not to pay the income tax rental generated by this apartement
- Cause a drop in, even to cancel the amount of your income tax.

That is to say a profit which can go up to 5.000 €/year on your taxes.

Conditions to fill :

- The naked hiring must relate to a 9 years minimum to use of main home (ascending and downward ones can profit from it)
- The monthly rents are reached a maximum according to the geographical localization of housing.

Tax advantage :

 

- The rents income profit from a standard abatement of 6 % during the amortization period then of 14 % for the following years.
- A damping of 8 % of the price of acquisitin raised, possibly, expenses of act during the first 5 years (either 40 % during the 5 years) then of 2.5 % during the 10 year's following (or 25 % for the 10 years).

Note : Few managers can envisage, in their lease of hiring, an income guaranteed Net of all loads and indexed on the index of the cost of construction. Should be made a personalized study.

 

• The repurchage of loan is not used cause a drop in the accumulated amounts of refundings of appropriations, tax liabilities and bank overdraft which represent too heavy loads, and not to have any more but one allowing loan of the reduced monthly payments.