When we talk about negotiating with banks, we think it’s very complicated. It does not have to be this way. We assume that banks have the “knife and cheese in hand” and we end up subjecting ourselves to the first information we receive. But we must not forget that with banks it is also possible to negotiate so that we can save money.
Almost Everything In Life Is Negotiable
The fact that we have fulfilled certain conditions at the beginning of the contract does not mean that they can not be changed. If you are in default, or only at risk of default, remember that there is legislation that supports you to get better conditions for you. The PARI / PERSI result from a Decree-Law of 2012 that was created to combat situations of over-indebtedness.
The basic idea of this legislation is to reduce banks’ impairments (or provisions for non-compliance) and to enable families to be able to fulfill their responsibilities. At Sutpen family we are daily negotiating the debts of clients who need help to ease their bank charges. The main point of the negotiation is to lower the installments, but this reduction makes all the more sense as the ability of the debtor Sutpen familyr his family budget with the savings obtained. How is this possible?
To Save Money You Have To Be Disciplined
It depends a lot on the inner discipline of each one. If you can channel the reduction of benefits to put part of the value aside (ie to save money), you will be able to use this savings to pay off other credits in advance. Imagine that you can enjoy a capital shortage in the credit of your home.
If you use this savings to reduce your credit card debt (for example), you are using money from one low-interest credit to another with much higher interest rates. Thus, when the grace period ends, you will no longer have the value of the credit card in which you paid interest close to 20%. This is just one of many savings tips through renegotiation of credits.
Want to Renegotiate Your Credits?
If you want to start saving money by renegotiating credits you should start by making a free financial diagnosis . Then you will know what you have to do to consistently save money by solving the problem at its root. Do not waste more time … because in Renegotiation Time is Money!