To carry out a credit buy-back transaction, you need a certain number of documents (identity card, tax assessment or proof of address). Among the information related to your financial situation, account statements are thus necessary. What are they really for? Is it possible to request a loan consolidation without communicating your account statements?
Why do people ask me for my account statements?
The statements of accounts, that is to say the documents that list all the operations that took place on your bank accounts over a monthly period, are absolutely essential. In general, you will be asked for statements of your accounts for the last three months. Why ? Because they allow you to understand the structure of your debt. Both your expenses and your income can indeed be categorized.
Is your budget weighed down by fixed costs or on the contrary by current expenses that you could easily reduce? Do you tend to spend too much occasionally, with very variable amounts, for example for purchases of household equipment or even leisure?
With access to your account statements, the advisor in charge of your file will better understand the nature of your expenses, and will thus be able to provide you with a better solution. He will draw up your borrower “profile”.
Without the account statements, it is impossible to find the solution most suited to each person’s personal situation. Even if you have the same debt ratio as another person, the very structure of this debt can be very different. I
It is perfectly normal for you to wonder about the interest of communicating these account statements. This is indeed personal information, which you do not want, and this is understandable, to be made available to everyone. Note that at no time are account statements requested to judge a client. On the contrary. It is to help households who wish to restructure their debts that these documents are necessary.
What happens to account statements after buying back credits?
All the personal data that you communicate with our services is destroyed if your request file is refused. In the event of a positive response, the data entrusted, including account statements, are archived. The purpose of bank account statements is to properly understand the client’s debt structure in order to find the most suitable financing solution possible. They are not documents viewed daily by advisers, or even shared with other organizations.
Simulate a redemption of credits without account statements
If the account statements are essential to build a complete file and obtain concrete proposals from banking organizations (the repurchase of credit without bank proof is not possible), it is not necessary to gather these documents in first to obtain a simulation.
Thanks to our online request form to be completed in three minutes flat, you can make a study request to consolidate your credits into one without having to send us all your bank statements.
No other document is requested. Our advisers will assess the feasibility of the operation with this initial information communicated. You don’t waste time gathering all the pieces and then scanning them to communicate them to us.
If a positive feasibility response is given to you (within 24 hours of the request), then a dedicated adviser will contact you and ask you for the necessary documents. You can then consider a new management of your budget thanks to the new possible monthly payment.