Compliance with the payment of monthly fees: The bank will evaluate your behavior as a customer, both of the mortgage loan product and credit cards, bank accounts and other credits. It is normal to review your credit history and analyze how good a payer you have been in recent years. It is ideal to be very organized , but this will not be the only factor to evaluate.
Term of the debt
Work situation. Some financial institutions offer promotions to their cardholders, in which they assume the payment of this commission. These promotions are generally conditioned to a minimum consumption level, to which other requirements are added. Financial institutions lend to employees or freelancers, and they like to see that they are stable. Showing a minimum stay of 12 months in the same position is an advantage. Financial institutions periodically tell you the amount of the membership commission generated by your card. And if they do not happen, it is your duty to be informed about this amount so that you avoid inconvenience. Depending on the franchise and credit card category you own, the annual membership can mean hundreds of soles. In the event of any carelessness, said contractual obligation can unbalance your personal budget.
In the longer term, the purchase of mortgage debt is more attractive to the bank. Age.nBanks grant loans to people between 19 and 7 5 years of age (each bank designs its own age range) , who can take life insurance. If you consider that these factors are in good score, let’s enter the heart of the business.
Proof of credit and payments
Do you have an organized folder with all the papers that the bank has given you from day one? Look at the document that shows the value of the credit, the total term and the rate. It will be key to assess how much you buy your debt . Also, proof of payment of monthly fees and your payment bottles.