Business and Economy Info

Credit Service first financial franchise network, suggests the figure of the Financial Advisor to curb the rising rate of delinquencies, which could reach 6% before the end of the year. Defaults on loans granted by banks, savings banks, cooperatives and credit institutions (SCIs) to individuals and businesses closed in July at an altitude of 5.47%, and the highest since March 1996, according to the Bank of Spain.

CreditService-atencionEstos data would be co-signed by UBS Spain would have expected that the delinquency rate of the Spanish banking system would grow to reach 6% in the coming months and there is a hidden default properties acquired by banks and savings banks. In fact, according to estimates from the Bank of Spain and the IMF, the banks and have accumulated land and buildings 84,500 million euros at the end of 2010 and possess more than 250,000 homes have been completed and another 160,000 unfinished, almost a third excess stock.

So now is when it is most needed figure of Financial Advisory firm founded in Spain Credit Service. Consultants, with experience, who seek the best financial and legal solutions among all Spanish and foreign financial institutions, specializing in financing difficult even with defaults and / or attachments. The company, formed by more than 1,500 professionals with proven experience, dedicated to advising insurance, banking and business has managed to reinvent and re-emerge like a phoenix after years of economic turmoil and a global crisis in the financial system.

Credit Service, with hundreds of financial intermediation establishments at street level and member ASNEF acceded to the number A-323 and founding partner of ANCOFE (National Association of Financial Consultants) is still committed to the creation of new financial products that suit current needs of users. “We answer both customers who want the best conditions in the financing and in insurance companies and individuals, and those who do not have time to go from bank to bank or buy offers of insurance companies and especially not plants can travel or do not have the volume necessary to gain access to preferential arrangements that we do have, “said Javier Lopez, president of Credit Service.

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