DEBT CONSOLIDATION FROM ABROAD
Debt consolidation from abroad is by definition a process provided by overseas banks and foreign lenders who are consolidating the totality of a borrower’s debts into a single credit facility.
Debt consolidation from overseas aims to consolidate all liabilities of an individual borrower or an entrepreneur into a single loan which will impact positively the average interest margin as well the monthly reimbursement rates when extending the new loan maturity.
A debt consolidation from overseas is a grouping of loans that allows a borrower to rake all of his debts whether it be loans or unpaid bills on a single creditor.
A debt consolidation from abroad is offered by banks specializing in the consolidation of credits and which are located either in the country of the borrower or in the country where the lender is located.
A consolidation of loans from overseas is proposed by banks and brokers who will analyze the financial situation of the borrower but in addition would require a potential domestic guarantee that the borrower will offer.