Do you intend to make a financial reorganization through a consolidated credit?

A Consolidated Credit is a type of credit that aims to reduce your monthly payments. If you have, for example, a personal loan, an Auto Loan, and a Credit Card, you can combine the three loans into one and start paying just a single installment.
The consolidated credit can be with or without a mortgage. Financial Vision can assist you in both options.

- Identification document
- IRS declaration from the previous year
- IRS settlement note from the previous year
- Copy of payslips from the last 3 months
- Proof of address (electricity bill, water bill, etc...)
- Proof of IBAN
- Credit Responsibility Map from the Bank of Portugal
- Proofs of debt for all credits to be consolidated

In the case of self-employed workers, the following will be necessary:
- Print/Summary from the e-fatura portal for the current year
- Information or declaration of commencement of activity

In the case of self-employed workers with organized accounting, the following will be required:
- Recent trial balance for the current year
- IES from the previous two years.

Normally between a minimum of €5,000 up to €75,000 but, on a case-by-case basis and depending on the analysis of the banking institutions, other amounts may be considered depending on your income and the guarantees provided.

It depends on the solution found and also on you.
In this type of operations, it is important to assess the risk of potential losses, that is, sometimes consolidating your loans may be the best solution to avoid defaulting and risking huge problems and potential loss of the assets you invested in.
Depending on the type of solution found, we may obtain better interest rates that can offset possible increases in the payment term.
On the other hand, if you establish a monthly savings equal to the reduction of your installments, you may later use that capital to repay your loans early; this way, you can finish paying off your loans sooner and benefit from reduced interest.