New tax benefits for consumer loans.
Consumer loans: a slight improvement.
First of all, when we want to borrow money and we have long since recovered from cancer, we should be able to borrow freely.
Yet, we know that it is very difficult, if not impossible to make a consumer loan.
Before 2019, the tax provisions were very unfair. We had to wait 15 years from the end of cancer treatment to benefit from the same conditions as others. From then on, we could benefit from the “right to forget”. In addition, the loan was only granted for a few specific areas (real estate).
In this regard, I find the term “right to be forgotten” shocking. Indeed, if I fell ill, did I commit a “fault”? The insurers “forgive” me as soon as 15 years are over! I had a similar experience 15 years ago for a consumer loan refused for a heart problem.The situation is improving.
From now on, the legislator has reduced the right to be forgotten from 15 to 10 years and the nature of the request for a consumer loan has been broadened.
If you have had stage 1 breast cancer, the right to forget is even reduced to 7 years after the end of treatment. However, you must count an additional premium for the following 3 years. This means that your right to be forgotten is reduced by more than half!
Moreover, if you had your cancer when you were less than 21 years old, you will see your right to forget even more reduced. It is only 5 years.
I invite you to read this article.
To conclude, I hope that this will soon concern other cancers. Have you already been able to benefit from this tax provision? Finally, do you have any experience in the field of consumer loans? In a word, many of us want to live like everyone else! We refuse to be punished for years on end by such an ordeal, it is totally unfair!
We will be very interested in your feedback on the LEVA forum