Said renegotiation involvement of two parties, the borrower and the lender, and everyone in his position trying to find its fair interests. If the borrower wants to build an adjustment of its rates down, it’s not a battle won because the banker may not accept this request if the original contract did not stipulate such a possibility. However, in response to a potential financial problem, a range of solutions is offered.


There is a category of people who can easily meet their needs, but another strain would often take out loans, from banks to get there. Contract with a bank requires conditions and commitments of up to a decade or more, according to the criteria governing the loans. As the mortgage contracts in the long run, the rate originally envisaged may vary substantially upward or downward, according to the current global financial market. Right now, the trend is downward, a boon for borrowers to renegotiate their credit rate. This can be a real headache for the uninitiated, while financial techniques are available to them and they have the choice to proceed by themselves or use the services of a licensed broker.

What to do to receive a credit rate down?

There are currently two complementary approaches to avoid at all cost over-indebtedness of the borrower when the rate of the credit becomes less advantageous to him. The first approach is to renegotiate the credit rate to lower itself. Only after this initial approach fails it enters the second solution proposed by the repurchase of credit.

Renegotiation of the credit rate

The revision rate credit can be carried out after changing cyclical or structural environment of the borrower. Speaking of editing, it is mainly about two things: the interest rate and term of credit. Trading on the interest rate leads to an extension of the payment period, while trading on the duration will promote a higher monthly payment and in turn a more sustained but against a reduction in the duration of payment. The borrower must be convincing to his school, especially if the original contract does not provide for a revision of rates, also to make more persuasive the case, the borrower can draw on its debit, investments at the bank.

The purchase of credit

The decision of the consolidation loan implies disagreement on negotiating rates with the initial library. So either the borrower or its agent is moving towards another offer more affordable by making banks compete, because here it is always about to get the highest possible value to the borrower. The advantage of this approach is to have a lower credit rate for the reduction of monthly payments while keeping the same maturity. Like all financial transactions, this approach has a cost, including among others the cost of bank inter mediation fees, notary fees and mortgage that must be assessed in advance in the phase of the exploration banks with which it wishes to contract the purchase of credit. Based on the advice of professionals, so that the purchase is a successful operation requires that the new rate must at least be between 1 to 1.5% less of the initial rate.