Doctor Finance, a personal finance specialist, earned eight million last year and aims to reach €11 million this year. The team has 211 employees with a 100% flexible working model. Another 20 will be recruited by the end of the year. Financial literacy, technology, human resources, data scienceCommunication and Marketing– areas with open vacancies.
How to respond to rising mortgage rates?
With action. We have to negotiate, revise, negotiate, and so on. You must know what to do to improve your financial life, what can be negotiated with the bank and how to negotiate distribute🇧🇷 We have seen historically low interest rates that have never happened before. However, the market has started to recover and we are between 2% and 3%. Interest rates have never risen so sharply.
How do you rate measurements announced by the government last week regarding banks forced to renegotiate home loans?
I always rate positively. When there is a problem and there are several actors who want to solve it, this is already a good start. There is concern to help overcome this moment, which will be more difficult for families.
Will clients requesting a credit review be “tagged”? Can they suffer in the future?
I hope not, but there are doubts. There is no point in being, because banks live off good clients, and financial institutions will help clients not to default. The problem with rising interest rates is not whether more or less is paid, but whether people can continue to pay their obligations.
Should we expect a large increase in defaults when interest rates rise?
The data now says: there have never been as many loans granted as of late, we are seeing months with more than one billion euros of credit. Never before have there been so few violations. The measures of the banks and ours will dictate the rules, whether there will be many non-payers or not. Will it? Yes, it is impossible not to be, but we are more prepared.
What is the best way to renegotiate mortgages?
Understanding my terms by looking at credit, debts and distribute Delete. Then go to the banks and understand what the market is doing. Last month we had over 2,200 home loan cases and deposited 336 million euros in banks. Last year we helped nine thousand people.
What is the best way to renegotiate mortgages?
This will eventually happen. Banks pay more interest when there is less liquidity, but there is still a lot of surplus. So there is still a long way to go, and it is not going as fast as we would like.
What strategies can be adopted by families in response to the increased credit burden and cost of living?
Create a budget and understand what you are spending more money on. We must ask ourselves: if I pay 500 euros for housing, can I reduce the amount? Maybe there is an option on the market where you can pay less.
