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Regain Financial Peace of Mind: Solutions to Manage Your Debts
Juggling multiple loans? Are your monthly payments too high? Discover how debt consolidation can ease your monthly budget and simplify your finances. One single monthly payment, one single point of contact, for a clearer financial future.
Simulate Your Debt ConsolidationLegal Notice
** A loan commits you and must be repaid. Check your repayment capabilities before committing. The rates indicated are for information purposes only and subject to approval of your application.
Recognizing the Signs of Excessive Debt
Having loans is a normal situation. However, when their accumulation weighs on your daily life, it’s time to take action. Over-indebtedness is not inevitable, and solutions exist. It often manifests through several of these warning signs:
Are You Affected by These Difficulties?
- Multiple payments: You’re losing track of your various loans (personal, car, credit cards…).
- Monthly payments are too high: The total sum of your repayments exceeds 35-40% of your monthly income.
- Struggling to make ends meet: You’re using your overdraft or revolving credit for everyday expenses.
- Constant financial stress: The fear of not being able to pay, payment reminders, and money-related anxiety.
- Unable to save or finance a new project: Your debt-to-income ratio is blocking any new opportunities.
If you recognize yourself in these situations, debt consolidation is a structured solution designed to give you breathing room and a clear view of your finances.
Free analysis • No obligation • Confidential
Solutions to Get Out of Debt
When facing accumulated debts, two main levers can be activated to regain control and secure your future:
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Debt Consolidation: This is the central solution. It involves combining all your consumer loans (personal loans, car loans, revolving credit…) into one single loan. You will then have only one monthly payment, often reduced by extending the repayment term, and a single point of contact.
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Loan Protection Insurance: Subscribing to an insurance policy is essential protection. Linked to your debt consolidation, it covers the repayment of your loan in case of a major life event (death, disability). It is an indispensable security for you and your loved ones, preventing life’s difficulties from turning into a financial disaster.
By combining these two solutions, you act on two fronts: you simplify and lighten your current situation with consolidation, and you protect your future with insurance.
How Does Debt Consolidation Work? The Key Steps
A structured process to guide you towards a healthier financial situation.
1. Free Simulation
Use our simulator to estimate your new single monthly payment by consolidating your current loans. It’s simple and non-binding.
2. File Submission
Fill out the application form and provide the documents related to your income, expenses, and current loans. A consultant will assist you.
3. Analysis and Offer
Our experts analyze your situation to provide you with a personalized consolidation offer, with a new rate and a new monthly payment.
4. Contract Signing
After accepting the offer, you sign the new loan agreement. The signature can often be done electronically.
5. Debt Repayment
We take care of directly repaying all your former creditors. You will only have one monthly payment to make to us.
The Concrete Benefits of Debt Consolidation
Debt consolidation is more than just a financial transaction; it’s a powerful tool to improve your budget:
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Reduced monthly payments: This is the main advantage. By extending the repayment term, the amount of your single monthly payment can be significantly reduced, giving you more purchasing power each month.
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Simplified management: No more headaches from multiple payments on different dates. You have just one loan, one monthly payment, and one single contact for all your questions.
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A single interest rate: Instead of juggling different rates (sometimes very high, like those for revolving credit), you benefit from a single rate for all your consolidated debts.
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Regain financing capacity: By lowering your debt-to-income ratio, you can once again consider financing a new project or simply building up an emergency fund.
Regain Control for a Serene Financial Future
Debt consolidation is not an end in itself; it’s the beginning of a new, healthy, and controlled financial management.
End Financial Stress
The clarity and simplicity of a single monthly payment significantly reduce the mental burden of debt management. Find peace of mind again.
Rebuild a Solid Budget
With lower monthly payments, you have the flexibility to better plan your expenses, start saving, and avoid falling back into the debt cycle.
Protect Yourself for the Future
Consider a loan protection insurance policy to safeguard your new financial balance. It is a provident act for you and your loved ones against life’s uncertainties.
Our advisors are here to guide you towards the most suitable solution and help you build a more stable financial future.
Testimonials: They Found Peace of Mind Again
“Between the car loan, credit cards, and a small home improvement loan, we were completely overwhelmed. The payments were due on different dates, and we were always overdrawn. Debt consolidation simplified everything. We have one, much lower, monthly payment, and we can finally breathe again!”
“Following a period of unemployment, I had accumulated several debts. It was impossible to see a way out. An advisor guided me towards debt consolidation. He took care of everything. Today, my situation is stable, and I can plan for the future again.”
What we hear most often from our clients:
- The immediate relief after the solution is implemented.
- The clarity and simplicity of having just one point of contact.
- The humane and non-judgmental support from our advisors.
Debt Consolidation FAQ
Find answers to frequently asked questions about debt consolidation, a solution to lower your monthly payments and simplify the management of your debts in Belgium and Luxembourg.
Debt consolidation is a financial transaction that consists of combining several of your existing loans (personal loan, car loan, revolving credit, etc.) into one single loan. This provides you with a new monthly payment, a new interest rate, and a new repayment term. The institution that handles the consolidation takes care of paying off your old debts directly with your various creditors. The main goal is to reduce your monthly repayment burden and simplify your budget management.
Pros:
- Reduced monthly payments: Often the main reason, it restores purchasing power.
- Simplicity: One loan, one monthly payment, one point of contact.
- Better visibility: A clearer and easier-to-manage budget.
- Single interest rate: Potentially more attractive than the average of your old rates, especially if you had expensive revolving credits.
Cons:
- Longer term: To lower the monthly payments, the repayment period is often extended.
- Higher total cost of credit: As a consequence of the longer term, you will ultimately pay more in interest. The goal is to improve your monthly situation, not necessarily to reduce the overall cost.
Loan protection insurance is a life insurance policy that guarantees the repayment of the remaining capital on your loan in the event of death. It can also include additional coverages such as for disability or inability to work.
Is it mandatory? Legally, it is often optional for a consumer loan. However, for a high-amount debt consolidation, the lending institution may strongly recommend it, or even require it, to grant the loan. Above all, it is a crucial security for you and your heirs, who will not have to bear the burden of your debt in the event of a major life event. Its cost is usually integrated into your monthly payment.
In general, most consumer loans can be consolidated. Here is a non-exhaustive list:
- Personal loans (installment loans)
- Car loans
- Revolving credits and lines of credit
- Credit card balances
- Home improvement loans
- Personal or family debts (under certain conditions)
Consolidating a mortgage loan is a more complex and specific operation. It is sometimes possible to include it, but this depends on your situation and the lending institution.
A negative listing on the Central Individual Credit Register (the blacklist) complicates obtaining a new loan, including a consolidation. Lenders are required to consult this file and are generally reluctant to lend to someone with payment defaults.
However, solutions may exist, but they are strictly conditional. For example, if you are a homeowner, a mortgage-backed debt consolidation may sometimes be considered, as the property serves as collateral. Each case is unique and requires a thorough analysis. Transparency about your situation is essential when you apply.