Increasing your loan@Model.TitleTagString>
Increasing an existing loan – is it possible?@Model.TitleTagString>
It’s a familiar story. You already have a loan arrangement in place, when suddenly you are faced with another financial burden. There are all sorts of reasons why this might happen. The question is what to do about it.
In theory, you can increase your loan at any time, providing your personal financial circumstances allow it. You can work out your borrowing capacity conveniently and easily using the Comparis credit limit calculator. As well as assessing whether your personal financial circumstances are conducive to increasing your loan, you should also consider searching for a new loan with a lower interest rate. If you find one, you can transfer the old loan to the cheaper bank, increasing the loan amount at the same time. Not sure whether you could get lower interest rates for your existing loan? The loan specialists at Credaris would be pleased to help. Credaris is a partner service of comparis.ch.
You can also use the Comparis refinancing calculator to work out how much money you might be able to save by refinancing your personal loan.