Types of loans and concessions to bad payers
Loan granted only to natural persons. All workers (employees, self-employed or freelance professionals) who have a contract (temporary or permanent, training or apprenticeship or self-employed) can apply for it. However, they must prove that they are receiving an income (via the F24 or Unico model) that is sufficient to repay the loan. Usually, it is not granted to those who appear in the bad payers list or have been protested.
Personal loan: Sum
The amount of the loan cannot exceed 60 thousand euros, since it is a non-finalized loan, and real guarantees such as the possession of an asset are not necessary. To avoid insolvency, the institution providing the loan can request the signature of a guarantor or a surety, especially if the sum far exceeds the net income of the applicant. The amount is paid directly to the applicant’s account, by bank draft or bank transfer, at the counters or online. The loan can also be requested when you have other open loans.
It can take place in a period varying from 6 months to 5 years and is deferred in monthly installments including a principal and interest. The interest is calculated with the Annual Nominal Rate, or the Global Effective Rate which includes all the costs related to the loan. It is necessary to have a pay slip that proves that the applicant is able to pay off the debt and a motivation is not mandatory.
As a rule, the institution providing the loan asks for the salary to be credited to its current account.
It is a loan that lasts from two to ten years, granted by credit institutions up to a maximum of 50 thousand euros and whose installment must not exceed 20% (hence, the fifth) of the monthly income reported in the payroll. The charge is reported on the latter, with deduction of the payment installment by the employer. It can also be given to those who appear in the “bad payers” list, to those who have been subjected to foreclosures or have been protested, because it is the employer who has to guarantee repayment.
How to get it
The applicant must have from 6 months to one year of seniority and present the salary certificate to the bank, together with the last paycheck.
Advantages and disadvantages
It is not necessary to rely on a bank account and there may not be a reason. However, a life insurance policy or a job loss policy must be stipulated.
It is a loan that is paid through bills of exchange, at a fixed rate and installment and does not touch the pay packet.
They can ask for pensioners, workers or not. The latter are asked for a guarantee on severance pay, a free life insurance policy for professional freelancers, for newly hired employees who do not have the double signature of a guarantor and for pensioners an INPS certification.
· The rates are very low.
· It can also be granted to those who are on the “bad payers” list, as long as they are employees.
· It is compatible with other open financing.
· No guarantees are required, except on very high sums.