Redemption of credit | Loan consolidation

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Presentation of Credit

Presentation of Credit

Sassie pargene is one of the oldest banks in France. Its acronym of the squirrel is well known to the French. Until 2009, the banking group was formed around 17 French savings banks. Then he merged with Banque Populaire. Sassie pargene offers solutions tailored to the needs of its clients, drawing on the personalized advice of its network of experts. In order to best meet the profiles of its customers, the bank has chosen to adapt and to decline in the form of more than 4,200 branches spread over the French territory and 17 online agencies accessible at any time. Services are also available on the Internet, by SMS or by phone.

The bancassurance organization intends to support all the economic players in their projects. In this context, he communicates a lot about his credit redemption solutions. This financial institution offers, among other things, restructurings of fixed rate loans for individuals.

Purchase of credits with Sassie pargene

Purchase of credits with Sassie pargene

Sassie pargene specializes in the purchase of consumer credit. It offers you the opportunity to consolidate several consumer loans in progress such as a personal loan, loan assigned a revolving credit or a loan for a new project. The real estate loans, meanwhile, have a specific credit redemption that is detailed in the section “The repurchase of mortgage with the Sassie pargene”.

With such a purchase of credits, you manage your budget more simply and thus more efficiently. Indeed, it allows you to benefit from both a single rate and a single interlocutor for all credits but also to pay only one monthly payment, the date, duration and amount are defined according to your needs and your projects. The credit repayment period is between 4 and 120 months (10 years) while the loanable amount can vary between € 1,000 and € 50,000. The fees are negotiable.

This financial product offers you the opportunity to reduce the total amount of your monthly repayments by extending the repayment period. This is a viable solution against over-indebtedness, but it can affect anyone who wants to optimize their credit management.

Purchase of real estate loans

Purchase of real estate loans

Sassie pargene’s real estate buy-back allows homeowners to consolidate all their loans and take advantage of the many benefits provided by loan consolidation: lower monthly payments, contact with a single contact person, etc. Your advisor will suggest a rate fixed or variable which will vary between 2.20% and 2.80% for your real estate loan buyback. This rate is calculated without the borrower insurance, the file and management fees. The repayment term of the credit is 15 years.

Rate of repurchase of real estate credit calculated except borrower insurance, expenses of file and expenses of management.

Benefits of Sassie pargene

Benefits of Sassie pargene

The credit restructuring proposed by the Sassie pargene allows French households to control their debt. Many families have opted for this refinancing solution and have emerged from their problematic situation after a few years. They have even been able to envisage new projects thanks to the adaptation of the monthly payments according to their incomes.

Sassie pargene offers tailor-made follow-up as part of the credit buy-out with a single advisor to communicate. Sassie pargene’s credit buy-back is a real financial solution since it allows people to combine into a single credit, at a fixed rate. The fixed rate remains the advantage in this financial solution to avoid any unpleasant surprises.

Once this new loan is subscribed, you have all the facilities for managing a traditional personal loan. You have the possibility to pause the repayment of this credit, to make an early repayment, partial or total, credit and increase or decrease the monthly payment (within the limit of the initial monthly payment). The Sassie pargene offers you the possibility to postpone the repayment of your first monthly payment up to 3 months to give you the time to clear the current credits.

The financial institution also offers optional insurance tailored to your situation. They will be able to take care of the payment of your monthly payments in case of Death and Total and Irreversible Loss of Autonomy and Total Temporary Incapacity of Work.

The Sassie pargene makes available to each of them an online personal area accessible at any time. This space will serve you, among other things, to contact your advisor, to follow the progress of your refund and the debit of your monthly payment. Your advisor is there to listen to you and support you whatever your needs.

Example of redemption of credits with Sassie pargene

Example of redemption of credits with Sassie pargene

For a Personal Loan Regroupement de Crédit for an amount of € 10,000 and a duration of 48 months, you repay 48 monthly payments of € 239.93 (excluding optional insurance). Total annual percentage rate of charge (APR) of 7.89% (fixed annual lending rate: 7.10%). Total amount owed by the borrower: € 11,516.48 including € 1,516.48 interest. File fee of 100 €.

The amount of the monthly payments indicated above does not include the optional insurance usually offered: Death and Total Loss and Irreversible Self-Insurance, a monthly amount of € 7, or a total amount over the duration of the credit of 336 € and an effective annual rate of insurance (TAEA) of 1.62%. The monthly cost of insurance depends on the guarantees offered, the age and health conditions of the borrower.
Example for illustrative purposes and without contractual value.

Simulation of credit redemption with Sassie pargene

Simulation of credit redemption with Sassie pargene

Sassie pargene offers you an online loan simulation. This free and personalized service will guide you in your choice of financing so that it is the most adapted to your situation. Targeted simulations will enable you to better prepare your loan redemption request by indicating in particular the total cost of the operation as well as the cost of the credit at the fixed interest rate.

This tool, available 24 hours a day, gives a good overview of your future request for consolidation and is not binding. If the balance sheet is right for you, make an appointment with a bank advisor to make a more personalized study of your situation, by phone or agency. It is recommended that you go directly to an agency to study your situation as a whole and to negotiate some elements such as the fees.

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