To apply for a loan, a loan or any other credit product that meets a liquidity requirement, it is advisable to contact a credit advisor . What are the reasons behind this choice? Who is the figure of the credit consultant? Let’s find out in this useful guide.
Credit counselor: who is he?
To request a mortgage or a loan, every credit consumer can evaluate different paths: the first, the most obvious, is to go to his bank . A second avenue is represented by the evaluation of the commercial offers available on the electronic channel and a third way, the most convenient, is to rely on a credit advisor.
Also known as the Credit Broker or credit broker is an intermediary who puts the bank and the customer contact. The credit counselor assists and advises the consumer who wishes to obtain a loan and / or a loan. A good credit broker must be able to offer the most suitable and most convenient product to meet customer needs.
How to recognize a serious and reliable credit advisor?
Before relying on the professional figure of the Credit Consultant, it is necessary to assess whether he is regularly registered in the List of Credit Brokers held by the OAM , the Body of Agents and Brokers.
From the first contact with the Consultant, the client has the opportunity to get to know him and put his trust in him. In this first phase, a good credit professional must immediately understand the customer’s real needs and expectations. The intermediary must be able to answer to every question of the consumer and must demonstrate to be competent, professional and have a good knowledge of the sector in which it operates.
The Credit Advisor must be independent and must act in the customer’s interest , offering him the best solution available on the market.
It is advisable to avoid contacting intermediaries who require money advances: the good Credit Consultant expects his fee to be settled.
Furthermore, it is necessary to warn the consultants who propose to falsify the income documentation to obtain a mortgage and / or a loan. The crime of fraud is attributable to both the intermediary and the consumer.
With regards to costs , it should be remembered that the fee of the credit advisor is established according to the complexity of the service provided. Commissions are between 1% and 2% of the borrowed amount. In cases where the practice is complex, it can reach 3%.