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Repurchase credit, solutions credit in the department in the loire atlantique, area of the 44 - France Simulator real estate credit, simulator of loans, simulators of appropriations
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England as the USA have just undergone a mini crisis financiére in the real loans:



Great Britain is touched of full whip by the crisis of the subprimes. Friday, of the savers made the tail in front of the seat of the 8th British bank, Northern Rock, in Newcastle, to withdraw their economies.



This specialized establishment in the real estate was indeed in impossibility of borrowing money near other banks.



It should be also known that for the United States, it there forever have of fall of the real estate since 1945.



That wants to say, that those which sold this loan “subprime” thought that in the worst case, if the customer could not refund his monthly payments any more, it could always resell with an appreciation.



Unfortunately, the conjunction of the increase in interest rates (19%) and the fall of the real estate put in bankruptcy the customers, then the banks themselves, the last figures announce for the moment 3 million American ruined and expelled by this credit.



What the crisis of the subprimes? | subprime mortgage |



The American crisis of the subprimes is the consequence of two events: a rise of the rates which made refunding too difficult for many households and a reversal of the real estate market which decreased the value of their real estate.



Blow, even the sale of the house or apartment is not enough any more to refund the credit.



The organizations lenders of which a too significant number customers are in this case risk the bankruptcy. It is the first stage of the crisis, summer 2007


Banking interdict



1) In which case?



Rubber check:



There is rubber check when it there in the absence of provision on your account the day when the cheque is presented to the payment or when the banking institution cannot immediately use the money related to your account to pay the cheque.



The banking institution must, before refusing the payment of a cheque, to inform the holder of the account of the consequences of the defect of provision.



2) Banking procedure



The banking institution addresses a letter of injunction to you to announce you the incident. The letter must specify the number, the amount of the cheque in question and the balance of the account at the date of rejection.




It can ask you to restore all the cheque-books which were delivered to you and to avoid emitting new accounts - cheques.



In the two days which follow the rejection, the banking institution announces the incident to the Banque de France which counts all your other accounts and informs the banking institutions of the installation of the interdict.




It registers the references of your account on the national file of the accounts - irregular cheques (FNCI). Any tradesman will be able to then refuse your accounts - cheques.




Banking prohibition and account-joint



When an incident of payment intervenes on a account-joint, all the holders find themselves prohibited not only on the account-joint but also on their own accounts.



You can designate by mutual agreement a person in charge of the incidents of payment on this account. The interdict will be applied to the account-joint and will be wide only with the own accounts of the person in charge

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