A financial situation under strain
Sofia, 41, is the mother of two children aged 9 and 13. Employed in the public sector as an administrative assistant in São Paulo, she is raising her children alone after a divorce two years ago. Although she has a stable job, her monthly expenses have become increasingly onerous.
The cause ? An accumulation of credit : a car loan, a personal loan to finance building work, and frequent use of her revolving credit. Every month, she had to cope with over €1,050 in repayments, on a net salary of €2,200, not counting rent, running costs and her children’s needs.
Faced with this suffocating situation, Sofia decided to look for a solution that would give her budget some breathing space without going further into debt. On the recommendation of a colleague, she turned to Garantia Credit.
Objective : reduce monthly payments without undermining the family balance
Our first task was to draw up a precise assessment of the situation :
Car loan : €7,200 outstanding (monthly repayment of €240)
Renovation loan : €5,000 outstanding (monthly payment of €160)
Revolving credit : €3,500 (variable monthly payment, average €110)
Total outstanding : €15,700
Total monthly payments : 510 €.
But this total is misleading. Revolving credit generates high interest, and Sofia often has to top it up to fill her monthly budget, creating a vicious circle.
The aim is not only to reduce her monthly repayments, but also to simplify her financial management and avoid over-indebtedness in the long term.
The solution : tailored credit consolidation
After analyzing Sofia’s ability to repay her debts, her level of indebtedness and her needs, we offer her a credit consolidation solution.
This involves combining all her loans into one, with a single monthly payment, a more attractive interest rate and a term more suited to her budget.
Here’s the proposed plan :
Total amount repurchased : €15,700
New loan term : 84 months (7 years)
Proposed fixed rate : 7.4
New monthly payment : approx. €240/month
Immediate result : savings of almost €270 per month, while getting out of revolving credit and its prohibitive rates for good.
Personalized support
Throughout the entire process, our advisor supported Sofia in :
Putting together her file (pay slips, proof of address, amortization tables)
Analyzing the best terms and conditions by comparing several banking partners
Detailed simulation of her new financial situation
Projection of the evolution of your debt ratio after debt consolidation
All this was done with transparency and attentiveness, essential qualities for Sofia, who was initially afraid of “doing the wrong thing” or worsening her situation.
Concrete results after three months
Three months after consolidating his loans, the results are already visible :
✅ New monthly payment : €240 instead of €510
✅ No outstanding revolving debt
✅ New savings capacity : €120 per month put aside
✅ Less stress and greater visibility over family finances
Sofia can now calmly plan for school expenses, her children’s leisure activities and even consider a short trip next summer, which was previously unthinkable.
Why this solution worked
The success of this operation can be attributed to several factors :
A clear understanding of Sofia’s needs : the aim was not to save money at any price, but to balance her budget over the long term.
Human and educational support : explaining each step, each simulation, reassuring, and above all, not judging.
A realistic choice of term : extending the repayment period reduced monthly pressure while keeping overall costs under control.
Eliminating revolving credit : this type of credit is often a trap. Including it in the grouping enables you to regain control.
Sofia’s view today
“I felt lost. I was ashamed to ask for help, but I couldn’t keep up. I was afraid I wouldn’t be able to give my children what they need. Thanks to this support, I finally feel like I can breathe. I no longer have three deductions to remember, I know what I’m paying, and I can even start saving a little each month.”
This testimonial clearly illustrates the importance of a well-supervised credit consolidation. It’s not an easy solution, but a responsible budget adjustment strategy, especially when accompanied by financial management advice.
Who can benefit from this type of solution?
Credit consolidation is for people who :
Have several outstanding loans with high monthly payments
Want to simplify their budget
Want to regain their ability to save
Have a high but still manageable debt level
Refuse to fall into the trap of over-indebtedness
It’s not a question of putting off the problem, but of restructuring it intelligently.
Our commitments
As a specialized credit organization, we are committed to :
A personalized and confidential study of each application
Providing clear, comprehensible simulations
Offering solutions tailored to each borrower’s profile
Support our customers over the long term, even after the loan has been arranged.
Because beyond financing, we have a mission : to help our customers balance their budgets, without hidden extras or unrealistic promises.
Conclusion
Sofia’s case shows that it is possible to reduce your monthly payments, even in a difficult situation, by adopting the right credit consolidation strategy. She was able to regain control of her finances and offer her children greater stability, without giving up on her plans.
Are you in a similar situation?
We’ll work with you step by step to study your situation and build a lasting solution.
Because better management today means greater peace of mind tomorrow.