The government credit of Tille is a public institution that offers mainly pawnshell loans. This financial product allows an individual to obtain cash against the delivery of an object of value. The municipal loan of Tille also offers aid for the financing of your projects , including the purchase of credits. A social organization , no loan will be granted without an object pledged. Let’s do a check in.
The redemption of credits proposed by the government credit of Tille
The solution of credit buybacks appeared thirty years ago. It goes without saying that this new financial product is linked to the overconsumption of consumer credit. To make a quick point, you must know that the end of the First World War put families in financial situations perilous. In fact, the financial organizations have proposed offers to finance the projects (purchase of furniture, purchase of the first cars …). These are consumer loans. Over the years, credits have taken on new forms such as the ability to obtain cash from a store loyalty card (these are revolving credits). These funding opportunities had a snowball effect, as they were poorly framed by French law. The consequence: the French are indebted . It is to help consumers regain purchasing power that credit buybacks are born.
Refund the interests to be able to renew the loan
Other organizations such as the government credit of Tille have chosen to offer other products: pawnshell . What is that ? Pawnshell is a financial transaction that consists of putting a sum of money at the disposal of a consumer against the deposit of an object of value. This object is kept in the premises of the government credit of Tille and will be returned when the money lent is fully reimbursed. In case of non-reimbursement, the government credit is entitled to sell the pledged object.
Why apply for a pawnshop with the government credit of Tille? The pawnshell can be requested to pay credits as for dealing with unforeseen events. As a guide, only municipal loans offer this solution. In addition, you should know that the reason for the loan will not be requested. The applicant is free to use the sum of money as he wishes. It has the advantage of being flexible and renewable. Indeed, it is enough to refund the interests to be able to renew the loan .
At the moment, the pawnbroker is the only solution proposed by the government credit of Tille to pay off consumer loans in advance. This product is not a redemption of credits .