The benefits of debt negotiation include:

* Debt negotiation is one of the best and fastest ways to improve your financial record.
* Prevent you overwhelm your creditors.
* Enterprises negotiating reduced the total amount of debt, so save money.
* Only have to make a single payment each month.
* With debt negotiation, you will save your time and your debts will be eliminated.

The disadvantages of debt negotiation include:

* Your balance will be negatively affected, which will be reflected in your financial history, but it is always better than for example bankruptcy.
* It is possible that your creditors continue acosándote during the negotiation process and may even sue.
* Some companies will only accept you if you work even a minimum of money available.

Savings Banks or what kind of entity suits me as a customer?

In our daily life, relations with financial institutions are indispensable. On many occasions we have to deal with banks or savings banks, from receiving our salaries to hire personal or mortgage loans. Arguably, the general banking is an industry that we have to be customers almost mandatory.

But from the standpoint of our interests as customers, what kind of entity is right for you, a bank or a box?
Fundamental differences between Banks and Savings Banks

We will try to briefly explain the fundamental differences between these types of financial institutions.

The main distinguishing feature is that the savings banks are in essence not for profit entities. They were born as entities to support work to the lower classes, and currently are required by law to contribute part of its profits to charitable work. Therefore, the boxes do not have owners, but managers, not publicly traded and therefore can not be acquired by private equity.

By contrast, banks are profit-making entities, and can use their profits to satisfy their shareholders and what they see fit.

The boxes have to spend at least 50% of its profits to reserves, to ensure their present and future solvency. The rest of the benefits you have to spend compulsorily Social Work, in fields as diverse as culture, sport, health, heritage conservation, etc.. Normally, the boxes earmarked between 30 and 40% of Social Work, which means they allocate between 70 and 60% to reserves.

Another difference resulting from the above is that the banks are run and managed by a board elected by the AGM, and the boxes are under the control of the Autonomous Community where its registered office setting, and the management bodies are elected and agreed by political representatives.

It is also true that small banks tend to be less present national banks, which can be a problem in finding offices when we travel. But large and medium boxes are already in almost all sites, after years of policies of expansion of its offices.
So what suits us better, a Bank or Savings?

On this question, we can say today will not get more benefits or better conditions in general for being a customer of a bank or savings bank.

Although initially it was true that the savings banks were specialized in household savings and small clients and small businesses today have been a change in their strategies and have become more savings banks.

In fact, mortgage or deposit volume, large Spanish savings bank La Caixa as Cajamadrid or are level with the big banks. And with the current financial market where institutions are struggling to win customers, banks and savings banks have similar strategic and financial plans, which translates into a great competition between them as to price their products (mortgages, deposits , pension plans, etc..) and also in an effort to improve efficiency, attention, speed etc..

We can say that today there is no difference between the prices of mortgages or other loans, fees charged or income from investment products we offer and savings banks.
In summary

We can say that the best entity for us as a client we find by comparing all the options available, regardless of whether it is a bank or savings bank, but rather other factors such as proximity of the offices, Internet service and telephone presence at the state level, and in particular prices of specific services we need or pay we offer for our savings, in addition to professional treatment that we all enjoyed (advice, speed, problem-solving ability, etc.). .

We appeal therefore to the advice I always stress: compare, compare and compare and then decide.

* Cost of Loan: normal are small fees, so you should avoid paying high commissions.
* Interest on loan: interest on the loan usually will be lower than your credit card. If the interest is high does not interest you, because you could not make loan payments. Try to get fixed interest for the monthly fee does not vary.
* Loan Fees: The monthly fee should be less than the sum of everything you’re paying now separately.
* Effect in your history: Make sure you explain well what is before you sign the loan and avoid those entities that are not clear on this.