What is Keyliance’s service offer in the field of credit redemption?
Keyliance is an intermediary in banking operations. As such, we are obliged by banks or credit institutions to distribute their products to private clients. We are specialized in the repurchase of credit: it is an operation that consists of taking charge of several loans, of different duration and nature, and merging them into one, generally of longer duration, to lower the monthly installments. We can group affected consumer loans (cars, motorcycles, equipment and home renovations, etc.), real estate loans (acquisition, work) and even debts (taxes, donors, businessmen, relatives or friends). In addition, we offer debtor insurance associated with the operation.
Although the main objective is to lower the reimbursement burden to rebalance a budget or generate new savings or investment capacity, these operations also make it possible to finance new projects, capital goods or habitat improvement works. Each client is unique, it is up to us to design a tailored financial solution.
In this market, Keyliance has a specificity: that of working mainly in overseas departments, either remotely thanks to the Internet, or on-site through its network of agencies located in Réunion and Martinique, its agents and prescribers. We chose this orientation because this DROM market was neglected by our banking partners. Too often the object of prejudice, we fight daily for the goods of these territories to be recognized and to offer them the same products, at the same price and under the same conditions as the metropolises.
How is the credit buyback market?
The credit redemption market is at the center of the news, as we allow our clients to recover purchasing power by reducing the weight of their monthly payments. Of course, be careful, it does not necessarily cost less, on the contrary, because we act mainly on the amount of the installments, not on the total cost of the credit.
In figures, it has grown more than 15% annually in the last four years and the traditional banks, which had initially abandoned it, are becoming increasingly interested in it, proof of its dynamism.
Digitization and innovation: how is the credit consolidation sector evolving?
While digitization, and in particular OCR and open banking, are bringing new entrants to the credit buyback industry, they are also bringing agility, speed, flexibility and productivity gains. It is a rapidly changing market where innovations and opportunities abound.
This content was produced with SCRIBEO. The BFMBUSINESS editorial team was not involved in the production of this content.
Source: BFM TV
