People who have and currently pay off a few financial obligations can combine them into one consolidation loan and get additional cash. Thanks to this solution, they will be able to pay only one installment per month and thus reduce their expenses by up to 20%. In addition, when applying for a loan with a closer person, we get a better chance of consolidating your debt.
Search for payday loan consolidation program? It is here
- ID card
- documents confirming the amount and source of income under a contract of employment, pension, pension, pre-retirement allowance, running own business, agricultural and civil law contracts (eg as a rental)
- all documents that confirm the currently repaid loan obligations: loan agreement, account statement confirming the settlement of the last installments, etc.
To apply for payday loan consolidation, just go to the selected PaydayLoanConsolidation branch with the documents prepared. During the visit, the credit counselor will estimate and confirm our creditworthiness. The final stage is signing the contract, after which the money for repayment of obligations will be transferred to the applicant’s account.
Berger gives you the chance to lower your monthly liabilities
The bank offers a consolidation loan in the amount of PLN 2,000 to 150,000 for a period of up to 9 years (108 months). When applying for this commitment, you can additionally get cash, whose purpose is arbitrary. When a customer decides to apply for a consolidation loan together with a close relative, they can apply for a higher amount.
Annual Actual Interest Rate (APRC) is 21.27% of fixed interest, while 7.5%. On this basis, we can calculate an example of the installment of the incurred debt:
- with the loan amount of PLN 15,000 for 24 months, the installment will amount to PLN 754.83
- with the loan amount of PLN 25,000 for 46 months, the installment will amount to PLN 759.58
- with the loan amount of PLN 50,000 for 80 months, the installment will amount to PLN 921.48
- with the loan amount of PLN 100,000 for 96 months, the installment will amount to PLN 1636.92