Today the market financial offers a series of possibilities in credit products with various characteristics, agreements, commissions and others. According to the study “Semaphore of the economic expectations of Limeños towards 2023”, carried out by Experian and Consulting Partners, 1 in 3 Limeños would be interested in accessing a credit in the future, preferably through a formal financial institution.
In this sense, Sergio Rivera, Commercial Manager of Experian, offers 3 tips to assume a financial commitment in a responsible way:
- Acquire a financial obligation according to your abilities. A good idea is to analyze your debt capacity before assuming a financial commitment to avoid falling into over-indebtedness. If it is within your means, make additional payments to the total amount of your debt in order to pay off the loan more quickly.
- Use the “avalanche” method or liquidate your strongest financial commitment. Keep in mind that the largest loan you have is the one you should give priority to. It is advisable to make payments to the total amount of the outstanding obligation because in the long term it will be more bearable. Once this is covered, it is important to prioritize the second largest financial commitment and so on. To know your credit history you can do it for free at https://www.misentinel.com.pe/homeand thus make visible all your current financial commitments to start prioritizing according to amount, urgency and nearest payment date.
- Be responsible with your assumed financial commitments. It is important to keep control of our financial commitments through timely payment reminders. Another option is to automate these payments, that is, schedule the automatic debit every month from a fixed account. For this step, it is important to organize ourselves before acquiring the financial commitment, to plan how our payment schedule would be if we acquire the credit and if we will be able to meet it within the established period.
