Subject to a special regime, the liberal professions must obey the rules of their corporation. Constraints that imply investments. Which are sometimes mixed with personal investments. The repurchase of credit for the liberal professions proves to be an ideal solution to facilitate the management of their budget.
The liberal professions and the risk of debt
Lawyers, notaries, accountants, psychologists … The income of people who practice a liberal profession can be high, but they are also random from one year to the next depending on the volume of activity. If we add the heavy loads incurred and the various credits incurred to meet the requirements of the profession or honor taxes, the liberal professions are then faced with a high debt ratio. Debt on a personal and professional level, since the place of activity is often the place of residence and that investments then have two vocations.
A risk that banks are aware of, which prefer to offer short-term loans with a high rate. A solution that presents an additional risk of increasing the debt of the liberal professions. A credit consolidation offer then appears as the solution to the problem!
The buy-back of credit adapted to the liberal professions
In order to meet their needs, there is a solution for buying credits for the liberal professions. It makes it possible to cover loans committed at the professional and personal level. However, the consolidation offer goes even further, since it can also include the amount to cover:
• late payment of social security contributions and tax charges;
• bank overdrafts;
• late payment of property charges;
• professional or private debts.
As for the repurchase of credit to the private individuals, the repurchase gathers all the credits in progress under only one product, thus only one monthly payment with a negotiated APR and adapted to the incomes. This solution requires providing supporting documents: the status of the liberal profession, supporting documents for current loans, balance sheets and tax notices for the last three years and salary statements.