Due to internal and external factors that have affected the economy in this year 2022, the situation of debtors in Spain continues to get more complicated.
What in January was seen as the definitive exit from the crisis caused by the pandemic, has ended in a context of global economic slowdown.
This situation is particularly reflected in the default statistics, which in July had already climbed above the Eurozone in Spain. Faced with such a situation, individuals and companies have been forced to seek formulas such as the reunification of debts to survive the storm.
Reunify debts and obtain a new loan
Reunificación.es is a company with services online whose operational headquarters are in Madrid and Segovia. The purpose of the company is to provide solutions to debtors to reunify their debts into one. This gives them a series of advantages, including access to new loans.
They explain that the reunification of debts is a financial process through which capital is obtained with which the debtor pays various commitments. In this way, all these debts are consolidated by paying a single monthly payment, which is generally lower. This occurs because the term to pay the debt resulting from the agreement is extended.
The support offered by companies such as Reunificación.es is focused on individuals or families with many monthly fronts at the same time. Car payments, credit cards, mortgages and other loans can be consolidated into a single monthly payment. It is a very convenient solution for families whose work situation has changed and it is difficult for them to reach the end of the month with their bills.
Why is it necessary to analyze the reunification of debts?
The firm says that, although this financial product offers relief for those who have multiple debts to pay monthly, it is always important to analyze. In Reunificación.es they maintain that there are immediate benefits such as reduced monthly feeBut there are other aspects to consider as well. By increasing the term to cover the debt, you end up paying more money at the end of the loan.
Therefore, they recommend go to companies specialized in the subject to explore carefully this option. In the office they also recalled that when accessing this product, some associated expenses such as appraisal and legal acts are incurred. must also be take into account notary fees, issuance of documents and novation commissions.
To qualify for debt reunification, this specialized firm warns that those interested must demonstrate that they have a stable income to assume the new commitment. Likewise, the amount of the new loan must not exceed 80% of the value of the asset that has been placed as collateral. Another common requirement that is made is that with the new loan all previous debts must be cancelled.
