Licensed Insolvency Trustees
Licensed Insolvency Trustees
Personal loans
Do you have questions about personal loans? Mallette Redressement financier is here to help you find the answers you need. With our in-depth knowledge of insolvency, we understand the financial difficulties you may be facing and can help you manage your debts.
Services offered by Mallette Redressement financier
Our team of experts can provide you with essential information to help you evaluate personal loan solutions, offering you a highly-personalised and empathetic service.
We offer a complete assessment of your financial situation, taking into account all the personal loans you have taken out. With this overview of your debts, we can help you draw up a repayment plan that suits your situation.
If you're struggling to repay your personal loans, are overwhelmed by debt and don't know what to do next, a meeting with one of our advisers can help you get your head above water. We'll look at all the options available, including consolidating your debts, refinancing your assets, renegotiating interest rates and even filing a personal proposal or bankruptcy if necessary.
Frequently asked questions
What is a personal loan?
A personal loan is a loan you take out with a financial institution or private lender to finance your personal needs.
What is the difference between a personal loan, a car loan or a mortgage?
A personal loan is used to finance personal expenses and is not tied to a specific asset. A car loan is specifically used for the purchase of a car and is usually secured against that car. A mortgage is used to finance the purchase of a property and is secured against that property.
How do you realise that it has become too difficult to repay your loans?
Generally, this is when you realise that you don't have enough cash to meet the monthly repayments. Also, if you use one of your credit facilities to repay another, you are entering a dangerous downward spiral. This can happen when you have taken out too many loans, when your income has declined or when you are faced with unexpected expenses. If you're struggling to make the minimum payments on your loans for several months in a row, it's important to seek professional help to assess your financial situation and find appropriate solutions.
Meet with an advisor to sort out your debt problems
Are you concerned about your financial situation? Our advisors have several solutions to help you regain peace of mind.
Our qualified team will listen to you and answer all your questions. Call us today!