To eliminate the policy of the life insurance is an option that will suppose the loss of good part of the interests but that it will not increase your debt. In addition, he is not available in all the types of life insurance. To sell the action portfolio is an option that no it contemplates the article but that agrees to do before to go in search of other people’s financing. To ask given money relatives and friendly is an alternative similar to the one to go to the parents in search of aid. The difference is that in this case yes it would be necessary to give back the money.
Most recommendable it is to write up a loan contract between individuals that establishes clearly the conditions of payment and return. From a financial point of view she would be one of the best options, over eliminating the policy of the life insurance. To extend/To refinance the capital hypothecating loan usually is one of the used options more. The problem is that everybody cannot either ask for it and right now the banking organizations are not granting too many loans of this style. In the American case it raises the possibility of of reclaiming the money that already has been pleased of the house, something little common in Spain. The advantage against a personal loan is that the types of interest are smaller.
To remove money from the plan of pensions. Some plans of pensions allow to remove something of money with the condition for refunding it in a limited term of time, although they are the minuses. Loans between individuals are a relatively extended measurement in the United States but that as soon as it is beginning to arise in Spain. The advantages are in which the type of interest is even smaller than a personal loan of the bank.