Consumer credit, what is it?
The Consumer credit is a loan that relates to transactions other than those relating to real estate. In particular, it responds to a borrowing need of a borrower wishing to finance the purchase of consumer goods.
It is not necessarily a credit assigned, that is to say a credit that triggers the purchase of a product and the presentation of its invoice (as for credit auto).
onsumer loan is granted by a specialized credit institution or a bank to the extent that the borrower is able to repay it.
Thus, every borrower must know its capacity borrowing consumption before applying for consumer credit and learn about the borrowing rates offered by the consumer credit market.
What are the different types of consumer credit?
In addition to the previously mentioned affected credit, which obliges the borrower to justify the use of his loan, there are many other forms of consumer credit. The most common are personal loans and revolving credit, also called revolving credit, revolving credit or permanent credit.
Both cases, the borrower is free to use the amount of his loan as he sees fit, depending on his project (renewal of furniture or appliances, purchase of a new car, financing of construction works). embellishment or housing development, etc.).
The notable difference between revolving credit and personal credit
Rolving credit is distinguished from personal credit by its flexibility, but also by the fact that it is not or can not be depreciated. Specifically, the borrower has a certain amount of money, which he can use in full or in part. The available credit is then reconstituted as and when repayments. Interest , meanwhile, is only due on the sum actually borrowed: this credit can be an incentive to overconsumption and Creditstair, we recommend instead to opt for a quick mini credit.
Mandatory information to be provided by the lender
Regardless of the type of consumer credit, lending institutions (banks or credit institutions) are required to inform any potential borrower before establishing a credit agreement.
The borrower must have all the information necessary to know whether the credit is adapted to both his financial situation and his needs. Thus, the proposed contract offers must include:
- Of the total amount due.
- Interest rate.
- Monthly payments.
- Conditions for making available the sum borrowed.
- The cost of possible borrower insurance.
- The duration of the contract.
- The validity period of the offer.
- Minimum reflection time.
- The withdrawal period (14 calendar days).
Conso loan: how much is it possible to borrow, and for how long?
The mount of consumer loans offered by Creditstair is set between 1,000 and 50,000 euros .
The epayment duration depends for its capacity of borrower, but also the amount of the loan itself. At Creditstair, you can borrow between 6 months and 84 months .
Consumer credit at Creditstair, a quick loan offer and 100% Online
Creditstair, a quick loan offer and 100% Online” />
When you are looking to make a consumer credit to finance the purchase of a car, television or other consumer goods, Creditstair is here to offer you a different consumer loan.
he subscribe to a consumer loan, do not get used to visiting an agency or consult major banking institutions think of the alternative Creditstair.
Creditstair is a consumer credit platform that offers you another consumer loan experience where everything is done to offer you a credit conso simpler, faster, competitive rates and especially 100% online!
This new consumer credit player?
Creditstair is part of the French “FinTech” family, startups that are revolutionizing finance with new technologies. The credit platform has a banking license issued by the ACPR (Prudential Control and Resolution Authority) and the AMF since 2011, when Creditstair grants loans in France. This approval allows him to have an activity in other European countries.
France, the platform is emerging as a new flagship consumer credit player: in December 2018, more than 900 million euros in consumer loans were financed!
Creditstair a real consumer loan bank?
Creditstair is a consumer credit institution but does not operate as a bank; the platform positions itself as an intermediary between borrowers and professional investors. In other words, the consumer credits granted by Creditstair are financed by various investors (companies, institutions, associations or individuals).
Is, your consumer credit comes from a virtuous model where your money comes from an investment from our community!
What are the benefits of a consumer credit at Creditstair?
Creditstair wants to shake up consumer credit codes for borrowers by putting new technologies at the heart of its business. Creditstair offers a loan that comes in several parts:
- Simplicity : your consumer loan application is made online in just 4 minutes! In addition, we do not ask for any original proof or invoices or quotations for work, car purchases or other equipment.
- Online : all your request is done online, the signature and the downloading of your personal documents allows you to make your request at a distance in all simplicity
- Speed : Younited answers you once your application for funding is completed in less than 24 hours!
- Security : Younited has a robust system to protect your personal data, your application for funding can be done online safely
- Peace of mind : to enable you to benefit from the best financing conditions, Creditstair optimally adjusts the amount of your loan and its repayment period, taking into account your personal situation.
Do not hesitate to make your first consumer credit simulation at Creditstair, the new generation conso credit platform. In a few clicks, you can finally objectify the project that is important to you!
The three key points to remember about consumer credit:
- Cope of consumer credit responds to specific needs.
- The amount of our credit conso is between 1000 and 50 000 euros
- It is essential, upstream, to accurately assess its borrowing capacity.