What are the charges taken into account in the calculation of the debt for a repurchase of tenant credit in over-indebtedness?

The debt charges which are recurrent and which you find in your budget will be quantified by the lender and totaled in your debt charges or over-indebtedness.

  • Rent for your main residence
  • Rental charges according to the banks and whether or not taking into account the APL
  • The monthly mortgage payments you keep (rental mortgage)
  • Any support payments made
  • Any compensatory benefits paid
  • Repayment of a family loan

These different charges are taken into account when calculating the subscriber’s debt ratio.
To build a file, do not omit any charge, specify all the amounts and the durations of the credits in progress. The proposal that will be made to you will take into account all the information that you provide or that the bank finds. The acceptance of your request for repurchase of credit by the lender will take into account the forgotten charges, voluntarily or not, this will have the consequence of delaying the duration of analysis of your file or even calling into question its feasibility.

How to build a tenant credit buyback file?

A borrower can build a tenant credit repurchase file by going through a broker or by going directly to a bank or a financial organization. But whether he chooses one or the other of these solutions, he will always need proof of his income and financial resources and his expenses. These documents allow the financial organization to assess the subscriber’s debt capacity.

Here is the list of these supporting documents:

  • a double-sided photocopy of his CIN or passport
  • a photocopy of his family book
  • a photocopy of his marriage contract or PACS or the act of divorce if he is divorced
  • the invoice certifying his residence dating back less than 3 months (EDF invoice, France telecom, etc.)
  • the three pay slips for the salaried borrower
  • supporting documents summarizing the annual amount of pensions for residents
  • supporting documents for child pensions, invalidity, property income, etc.
  • and if the borrower is already retired, he must bring his last three retirement bulletins
  • if he is unemployed, he will have to provide a photocopy of the compensation agreement and proof of his other income
  • if he is a self-employed worker (liberal profession, trader etc), he will have to bring his last three declarations (BNC) or his last three tax bundles (BIC) as well as the proof of his other income
  • in addition to these documents justifying his income, the borrower must bring the documents listing the total amount of his debts as his last three statements of his bank account, his RIB, his amortization tables of his loans. If it has taken out revolving loans, the bank will also need revolving credit transaction records that it has done recently.
  • the borrower tenant must bring a photocopy of the lease, his last housing tax, the last 3 receipts of his rent, and his latest electricity or landline bills

Who can benefit from this tenant loan buyout?

This debt exit for tenants is for people with a debt ratio below 33% of their income. Tenants with FICP filings or heavily over-indebted are very unlikely to be accepted for redemption unless they find a family member who can commit to bonding or paying off debt in the event of default of reimbursement.

In addition, to benefit from a tenant loan buyout, you should carry out a buyout simulation with the simulator tool at the top of this site. This free tool helps you find the most affordable buyout contract in terms of cost and repayment terms in just a few clicks.

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