In 2023, is it possible to save even with credits?

Credit does not seem to be compatible with savings. But those who think that these two realities cannot cohabit in the same family budget are wrong. In many Portuguese families, home loans, personal loans or even credit cards are part of the monthly charges to be borne. And this should not be a factor that deters families from saving – on the contrary, the ideal is that they manage to save to pay off the debt as quickly as possible. If, in 2023, want to start or reinforce your monthly savings, but you have credits to pay, know that, in addition to all the savings tips that you can find on the Doutor Financeira portal, our teams can help you with a specific tool: credit consolidation. Ask for information about consolidation Consolidating credit means: Merge the various installments into one; Unify the amounts owed in several institutions and to pay only one institution; just consider a debit date in the account and a financing term date. But more than formal issues, consolidation allows: Paying less for the financed amount: less interest, less commissions; Consequently, pay a lower monthly fee. And this is where the possibility of saving comes in: with a lower credit installment, you can gain some monthly slack to meet regular expenses whose invoice amount has increased, or to save for another purpose.

Saving to amortize credits

Are you aiming to get out of debt as quickly as possible? Consolidation can be the right tool. Partially or completely, you can amortize the credit, even after it has gone through consolidation.

Collect credits and save hundreds of euros in the next month

The credit consolidation process is relatively quick. In about a month, with all the necessary documentation, we can help you achieve this savings of hundreds of euros. Get to know the case of Filipe and Manuela (fictitious names): This couple consolidated 3 credit cards and 6 personal credits in single installment. From €1,310.20 they went on to pay €779.36 per month. That is, they passed save €533.84 every month🇧🇷 Their objective is to amortize, before the age of 7, this credit with the rest they have earned.
Doctor Finance’s team has already helped thousands of families reduce their credit costs🇧🇷 Do your simulation with us and find out how much you can save at the beginning of this new year.