Combine several loans into one to lighten the burden of monthly payments, is it possible for everyone? With a low salary, is it possible to request a consolidation with the banks? Yes. Your income is important, but it is not the only criterion observed. We detail for you the essential criteria, and the importance of your salary. Benefit from a loan buy-back even with a small salary For a loan buy-back to be implemented, many criteria are scrutinized by banking organizations. These will begin in particular by listing your cash inflows and your expenses, in order to define your debt ratio. Debt ratio = (total borrowings) × 100 ÷ (total net income) With this debt ratio, and depending on your[…]