{"id":11082,"date":"2016-02-24T09:10:42","date_gmt":"2016-02-24T09:10:42","guid":{"rendered":"https:\/\/multicredit.ch\/wp\/cartes-de-credit-comment-optimiser-votre-budget\/"},"modified":"2020-04-06T13:28:40","modified_gmt":"2020-04-06T13:28:40","slug":"cartes-de-credit-comment-optimiser-votre-budget","status":"publish","type":"post","link":"https:\/\/multicredit.ch\/en\/cartes-de-credit-comment-optimiser-votre-budget\/","title":{"rendered":"Credit cards\u00a0: how to optimize your budget\u00a0?"},"content":{"rendered":"

<\/span>How did we get to the excessive accumulation of credit cards?<\/span><\/h2>\n

The credit cards land sometimes too easily in your wallet. It’s easy to understand trough the next example\u00a0: you go shopping and the store offers to subscribe to a credit card. The card is attractive because it gives access to an interesting discount on your purchase<\/b>. It’s how a new credit card can be found slipped into your wallet\u00a0!<\/p>\n

There are also situations that generate the need to own a credit card<\/b>, like online shopping or international travels. Credits cards are in theses cases necessary to pay.<\/p>\n

<\/span>Payment on credit\u00a0: is it attractive for the consumer?<\/span><\/h2>\n

What is the benefit for a large-sign to offer a credit payment\u00a0? Is it actually a favour to grant a discount if you purchase on credit\u00a0? Do you know the impact of credit payment on your budget<\/b>?<\/p>\n

Credit cards always generate exorbitant costs, particularly in comparison with the private credit. Finally, the discount<\/b> offered by credit purchase is completely involved by the charges of the credit card<\/b>.Be careful with the discounts offered in case of credit payment. These discounts cause an instability in your budget!<\/p>\n

<\/span>The monthly repayments of a credit card<\/span><\/h2>\n

Each credit card issuer sets its own terms and conditions, in which the conditions of the montlhy repayments are established. Generally it’s required to pay a minimum amount per month<\/b> for a credit card.<\/p>\n

When the cards accumulate, the minimum settlement of monthly payments<\/b> may be heavy for the budget<\/b> of the consumer\u00a0! For example\u00a0: you have a card A with a credit of 5000.- CHF and a card B with a credit of 3000.- CHF. If you need to pay a monthly repayment of 10\u00a0% for each card, you then pay 800.- CHF every month for your credit cards. And this monthly amount does not include the interest, the annual fees or the financing costs..<\/p>\n

<\/span>Budget consolidation<\/span><\/h2>\n

To maintain your budget and decrease you monthly repayments<\/b>, it’s possible to regroup your credits<\/b>. What is this operation and how does this impactyour budget?<\/p>\n

Let’s consider a concrete example\u00a0: Mr. M\u00fcller asks our financial partner Multicr\u00e9dit for a credit. Multicr\u00e9dit notes that Mr. M\u00fcller has already several credit cards, a private loan and a leasing. Multicr\u00e9dit suggests then a debt consolidation loan to Mr. M\u00fcller.<\/p>\n

The debt consolidation loan<\/b> contains the credit cards balances, the private loan and the leasing.<\/b>That enables M. M\u00fcller to sell out his credits<\/b>\u00a0! However even credit cards are cleared, they are not cancelled.<\/p>\n

The debt consolidation allows a more stable financial situation<\/b>, reduces the monthly repayments<\/b> and reduces credit costs<\/b>. If you accumulate different credits, it can be interesting to opt for a debt consolidation. Multicr\u00e9dit<\/a> stands ready to help you!<\/p>\n","protected":false},"excerpt":{"rendered":"

Your wallet is full of credit cards and makes your finances uncomfortable\u00a0? Let’s discover our tips to optimize your budget and refind a healthy economic situation\u00a0!<\/p>\n","protected":false},"author":4,"featured_media":11072,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[264,257],"tags":[],"class_list":["post-11082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-card","category-credit-repurchase"],"_links":{"self":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/11082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/comments?post=11082"}],"version-history":[{"count":2,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/11082\/revisions"}],"predecessor-version":[{"id":11090,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/11082\/revisions\/11090"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media\/11072"}],"wp:attachment":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media?parent=11082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/categories?post=11082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/tags?post=11082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}