Payday Loans Online Direct Lenders- Guaranteed Loans For Bad Credit: Fill in our form in 2 minutes

Thanks to PurplePayday.loan available online, getting a payday loan online direct lender has become very easy. Before signing the loan, however, it is important to understand exactly what a fast and immediate loan is and how it really affects the portfolio. Make sure you have all the information before making any financial decision. An immediate and fast loan can be a good tool to quickly borrow money in an emergency if you do not have other financial options. For example, you can use a lender for an immediate and temporary financial need such as a medical bill, car repair or other expense. Fast loans are useful for people who do not have credit cards or savings available because loans do not require traditional credit checks and are therefore easy to obtain for people with financial problems. Following will be illustrated in detail what are the fast and immediate loans and how they can be obtained.

What is a Payday Loans Online Direct Lender

An immediate loan is a small loan that can be obtained for a short period of time. Most people use fast loans when they can not cover an emergency. The most common loan period is only two weeks and the loan limit is generally 500 euros or less, although some lenders can allow loans up to 1,000 euros. What attracts most people to apply for an immediate loan is that good credit is not needed to qualify.

How immediate loans work

 How immediate loans work

However, they are not a long-term solution to financial problems. If you are unable to repay the loan, you will be charged a high refinancing fee which increases each time you renew a portion of the loan amount. Even if you do not need good credit for a fast loan, you need to fill out an online or paper application in person. Once the application is approved, you can deliver to the credit institution in question, a check for the amount due pre-dated by the due date of the loan (usually your next payday). Alternatively, you can provide access to your bank account and authorize the creditor to withdraw the loan amount on the due date. If you can not pay the amount due in full, you have the option of transferring the loan to a new one. Usually, you have to pay the original fare and you will also be charged a new loan commission. It is important to communicate any changes to the terms of the original loan with the credit institution as soon as possible so as not to withdraw money from your account.

Who is eligible for a fast loan

Your credit score is not a problem when you apply for an immediate loan if you do not have any credit. There are, however, many other qualifications that you must meet to approve the loan. You will need to provide your credit institution with your social security number and your bank account details. Generally, it is not possible to obtain a loan if these basic standards are not met. You must be at least 18 years of age, although in some states you must be at least 21 years of age.

What are the pros and cons of fast and immediate loans

 What are the pros and cons of fast and immediate loans

The most obvious advantage with an immediate loan is easy to access fast cash. Sometimes you can get money on the same day if you have to use the same day, but you may have to pay an extra fee; otherwise, it takes a couple of working days, depending on the individual lender. Another advantage is that creditors do not check your credit report during the application process. You do not have to worry about your poor credit by holding back or dealing with an extra investigation that stays on your credit report for the next two years. Despite the relatively easy approval process, there are several downsides to getting a quick loan. More specifically, it is the expensive interest rate associated with them. For every 100 I was borrowed, you will be charged approximately 40 percent interest.

 Best Personal Loan: Loans and Loans at the Best Interest Rate Today

Assignment of the Fifth AGOS, the Loans with the Sale Formula of the Fifth of the Salary

Agos is one of the most popular and solid financial agencies that has been operating in the private equity market for about twenty years . The people who turn to credit institutions are many and all have different needs, for this reason Agos has thought of different solutions that are able to meet many needs. Among the proposals signed by Agos is the loan with the formula of the assignment of the fifth . Thanks to this form of credit, the debtor has the possibility to repay the sum of money received (including interest) by paying 20% of the net salary monthly , which is held directly in the paycheck.

What is and how it works

What is and how it works

 

In order to receive a loan, with the formula of the assignment of one fifth of the salary, it is necessary to be employees (public or private) or retired . The one described above is a fundamental requirement that automatically excludes all those who do not have a permanent contract and who, therefore, can not guarantee the regularity in payment of the installment (fixed-term workers, occasional collaborators, freelancers and so on ).

Mortgages or other forms of collateral are not required for this type of loan because the salary / pension is the guarantor for the credit institution. Moreover, this type of credit is granted almost to all applicants, even to those who have had problems paying past loans and have been reported to the Crif as bad payers .

If you are thinking of borrowing a sum of money and repaying it with the assignment of a fifth of your salary or pension, you must know that it is a rather advantageous solution that allows you to have a small capital to use as a you better believe. The positive aspect of this type of financing lies in the possibility of paying the installments, provided for the repayment of the loan, completely automatically because it will be the same employer to retain the amount agreed in the payroll or the social security institution social security that will treat him from the pension bill.

Requirements to apply for an Agos loan with the formula of the assignment of the fifth

In order to be eligible and obtain a sum of money with the formula of the assignment of the fifth, certain conditions must be met.
The first, we have seen, is to have a fixed monthly income (salary / pension) from which to retain the loan installment. The second concerns the interest rate that can not be chosen by the debtor but is set by default and is always fixed .

The third concerns, instead, the maximum limit of the amount that can be requested on loan which can not exceed 60 thousand euros . Furthermore, also with regard to the duration of the loan it should be specified that there is a time limit setting the period of time within which the financing must be extinguished to 120 months .

How a fifth of the salary / pension is calculated

How a fifth of the salary / pension is calculated

The forms to be filled out are available online, which allow you to know exactly what the monthly payment will have to be paid back . In order to know the exact amount that you will have to pay if you decide to light a loan with the formula of the assignment of the fifth, simply fill in the required fields concerning the amount requested, the duration of the loan and the value of the monthly net salary.

In this regard it is necessary to specify that when the value of the monthly net salary / pension is requested, reference is made to the amount indicated in the pay / slip account which does not include variables such as overtime, family allowances or bonuses.

Once you have identified the net value of your salary / pension simply divide the figure by 5. For example, if I have a net salary of 1,000 euros and I want to know what would be the monthly payment, maximum payable to repay a loan with the formula of the assignment of the fifth, I will have to perform the following division: 1.000 / 5. The result, ie € 200, is the maximum value of the installment . Therefore the value of the installment may be less than 200 euros, but never higher than the aforementioned amount. All this has as its objective to protect the debtor from over-indebtedness.

Mortgage Renovation: The Best Mortgages to Restructure Home, How It Works, Offers and Advice

Mortgages for restructuring , especially in our country, still represent a financial product to which a marginal part of families decides to rely on. On a scale of about 100 loans requested, a negligible percentage, only 6%, is made up of mortgages undertaken to restructure the building . Contrary to what one might erroneously believe, the process of opening a restructuring loan is, by virtue of characteristics and characteristics, almost identical to that of a dumbly considered traditional mute.

But what are the characteristics of the restructuring loan?

But what are the characteristics of the restructuring loan?

First advantage that can be mentioned is given by the possibility that it can be requested either by the single owner or by the owners who are already in possession of the property to be treated. The second characteristic of the restructuring loan is its mere purpose , that is to expand, restructure or intervene in some points of any building that requires similar interventions . The amount that will then be disbursed by the credit institution to which it is addressed will cover variable percentages of costs that the construction company will have to implement at the time of the same restructuring. Obviously, the percentage is linked to the single bank. The more general, the percentages granted are in a range of values between 40 and 70% . The sum of money that, through the restructuring loan, you intend to ask, must be motivated through a document whose function is to certify on paper both the complete estimate of the work to be performed and a metric estimate.

The provision of the loan for restructuring can take place, alternatively, in a single solution or when the works are already in a rather advanced state. The first type of mortgage is usually provided when the work to be done on the property is of a minor size, while for what concerns those provided in advanced stages of the work the situation is relatively different. The advanced loan of the works concerns in fact works that, by their nature and by their connotations, are related to the almost total renovation of the buildings. Going even more in detail and wanting to further re-draft the figures, loans that do not exceed the sum of 70,000 euros are usually paid by a single solution. For loans that exceed this economic threshold, the outflow of money from the bank will be disbursed at multiple intervals. Whether it is a case or another, the bank will make the sum available to the borrower directly within its current account, however, only releasing the loan and only after submitting the bill of work.

Particularly this, which does not at all constitute something secondary and irrelevant, given that in this way the bank will carry to the minimum terms the risk that the subject of the silent person will default on insolvency. Before unlocking the individual parts of the loan, the bamca will gradually proceed to check, using an expert of their own trust, the real state of the work. In the meantime that the tranches are devolved from the bank, the person who has applied for the restructuring loan must pay a monthly installment amounting to 1/12 of the annual interest established at the time of signing the loan. When completed, the bank will provide the last tranche of the loan.

The best restructuring loans

The best restructuring loans

In what is the wide range of restructuring mortgages offered, the ones that turn out to be the best are:

Unicredit Fixed Rate Mortgage

It is a mortgage that sees its maximum practicality regardless of whether it is required for the purchase, subrogation or just the renovation of a building for housing purposes . The rates offered by this particular type of mortgage are as follows:
– for loans that do not exceed 10 years, the rate applied is 1.80%;
– for mortgages that go instead from 11 to 20 years, the rate applied amounts to 3%;
– finally, for loans whose duration is between 21 and 30 years, the rate that will be applied will be 3.30%. The amount of the Unicredit Fixed Rate mortgage can reach 50% of both the value of the property that you intend to purchase and the current value of the property that is placed under warranty and which must be restructured. The suspension of payment of installments, another possibility given to the borrower, may include a maximum period of 12 months. This suspension may be required only once and should not concern the last year of payment of the loan in question. Feasible is also the postponement of payment of installments , with a maximum of three installments also not consecutive between them. Last but not least, the amount of the installment can be reduced by extending the amortization plan up to 48 months beyond the original expiry date.

Mediolanum Riparti Italia

This loan, registered by Banca Mediolanum, can be requested if you hold a current account with this credit institution. The Riparti Italia mortgage by Mediolanum is a variable rate mortgage, calculated on the basis of assets: Spread + Euribor 360 at 3 months. If this last parameter is, after careful recognition, characterized by a negative sign, the annual rate that will be applied for the reference quarter will in any case be equal to the contractual spread. Those that are the fundamental characteristics of this mortgage can be listed as follows:
– the loan that can be requested can range from 4,000 up to a maximum of 100,000 euros;
– the mortgage installments can be spread within a time frame between 12 and 120 months;
– the stamp duty substitute tax is 0.25%;
– the sending of any communication from the bank is free, as well as free are the costs related to the collection of the installment;
– the optional services include a credit protection insurance policy;
– the costs of the preliminary investigation amount to 1% of the sum requested;

Domus Mortgage of Intesa Sanpaolo

Through Mortgage Domus you can choose the rate, fixed or variable, which is more suited to those that are your needs. Depending on the size of the work, you can get even over 100,000 euros . If, at the time of restructuring, the work to be carried out is small, the payment of the sum will take place at the same time as the subscription. The maximum duration of the loan can reach 30 years, with a percentage of the costs of the works that can touch a maximum of 80% . Percentage, this, which far exceeds that conferred by mortgages promoted by many other banks. When serious events arise that compromise the regular payment of mortgage payments, you can protect yourself and your home with the solutions offered by Intesa Sanpaolo Assicura. In the event that you opt for the stability of the Fixed Rate , the rates would remain unchanged for the duration of the loan, with Multi-option which, on the contrary, will give you the opportunity to choose, after 3 or 5 years, the rate to be applied later to this period. If you want, on the other hand, to enjoy the variable rate, in the Base Plan the installments are subject to variation caused by the adjustment of the indexing parameter. For the Multi-option, however, you can choose the rate to be applied every 3 or 5 years, still choosing between fixed or variable. The last option that can be listed for the Variable Rate is the so-called “interest rate cap”, a maximum or fixed ceiling on the interest rate, which may change for the entire repayment plan or only for the first fraction of the course.

How to get a Personal Loan on PostePay Evolution Card

“Mini Loan BancoPosta” is the easy and immediate loan that solves the need to have at your disposal small amounts. Thus, by streamlining the traditional process of loan application. It is a loan dedicated to those who hold a “PostaPay Evolution” card.

P The loan was designed following this idea. Needs daily but not burdensome to have to turn to standard solutions. In fact, after the successful application of the loan application, the sum indicated is made directly on the PostePay Evolution card. To apply, simply go to your usual mail office. Or any other. Is indifferent.

How is the procedure?

 

You have two options available to you. As said, just go to the usual post office. Here, employees will be available for each application and, if you decide for the Yes, sign the loan. Or, if you do not want to wait in the mail you can make an appointment by calling. How much is the sum that can be requested? The amount that can be requested is worth € 1000, € 2,000 and € 3,000. The repayment is set at 22 months.

Required documents and parameters

Required documents and parameters

You can request the “BancoPosta Mini Loan” if you hold a Postepay Evolution Card. If your age is between the age of 18 and if you are not 75 years old at the end of the 22 months required for reimbursement. Of course you must be a resident of Italy and have income from a profession or pension. The mandatory documents to bring with you are:

  • Valid identity card
  • Health card for the tax code
  • Documentation attesting the income

And if I’m a foreign citizen? In this case, you must submit additional documents:

  • Passport , together with “Residence Card” or “Residence Permit”, which are valid.
  • Sheet that shows your residence on the national territory.
  • Demonstration meetings that certify that you have been employed for at least 1 year in a row.

Loan grant

Loan grant

The “BancoPosta Mini-Loan” allows you to request up to 3,000 euros which, if approved, will be credited directly to your PostePay Evolution card, in a single solution. The approval of the loan is Poste Italiane’s priority. Which, if it deems it necessary, can request further documents.

Loan repayment

Loan repayment

The 22 monthly payments are not subject to flexibility. But fixed. The installment is prepared on a monthly basis directly on the “PostaPay Evolution” card or on your “Current Account”. Bancoposta, naturally. With the date of charge of the installment, at the choice of the applicant, if the day 15 or the 30th of the month.

What if you decide to pay off the loan first?

In this case, the extinction is free. In fact there are no penalties. Just return the remaining sum. Only attention to follow is to respect the 14 days of accreditation of the loan. After this time, mandatory, just go to your usual post office and pay it off.

What if there were any changes in the financing?

In the vase you changed your mind after signing and signing the loan and the sum already paid on your PostaPay Evolution you can safely enjoy the “right to change your mind”. Here too, the only attention to be paid is not to exceed 14 days after the payment of the credit solution.

But if I have no account? Neither at the post office nor in the bank?

The Mini Loan, designed and built by Poste Italiane, is dedicated to any holder of the new “PostaPay Evolution” Card. It is sufficient that you have this card with a dual function of rechargeable card and a small Postal Account, with the basic functions of a traditional account.

Features, Rates, Personal Orange Account Loan Requirements

Of all the products of Ing. Direct, the Orange Account Loan is one of the most appreciated by absolute due to the excellent fixed rate and, above all, due to the lack of additional costs. What is basically the Orange Account Loan? This is essentially a personal loan, where there is no need for justification or even certification, for the purpose of providing the desired amount.

Requirements and characteristics of the Orange Account Loan

In order for you to be financed, you must be of legal age and bear a demonstrable income, that is to say, have a paycheck or, in the absence of the latter, be the holder of the Unico. Alternatively, the signature of a person who acts as guarantor can be a valid solution to the absence of demonstrable income or capital consistency. You must also have a current account in order to receive the loan. The current account can easily be registered with another bank. It is not necessary, so to speak, to have the Arancio current account for obtaining the Orange Account Loan.

Financing times

Financing times

With the Orange Account Loan, it must be said that the timing is uncertain. The reason? The assessment procedure, unlike what happens with other banks, does not have a fixed duration. As far as recognition is concerned, once the resolution has been completed, it must be underlined that the maximum term is 30 days from the moment of approval. Ergo, always in relation to loans granted by various banks and financial companies, is much longer.

Duration of amortization plan and amounts that can be requested

Duration of amortization plan and amounts that can be requested

How long is the amortization schedule with the Orange Account Loan? It ranges from a minimum of 12 months to a maximum of 84. As for the economic amounts that can be requested, the minimum is 3,000 euros and the maximum is 30,000 euros. The main advantage of this type of credit request is, as already anticipated at the beginning, in the absence of additional costs. Periodic and preliminary communications do not provide for expenses. Another strong point of this valuable tool is that, regardless of how long the amortization schedule lasts, with the Orange Account Loan the TAN amounts to 7.95%, while the APR to 8.60%

How to apply for the Orange Account Loan

How to apply for the Orange Account Loan

As you can expect from an online bank, the digital channel is the right solution to apply for the Orange Account Loan. With Ing Direct the iter is very simple, since it is enough to calculate the estimate online for free and, once you find the solution most in line with your needs, just select the item here, you will have to deal with enter your personal data and attach the required documents, ie identity card, social security number or health card, as well as of course the IBAN code of your bank account, essential for the purpose of charging the reimbursement fee.

Once the contract is printed, all you have to do is sign it and send it. The general conditions of this loan convince. The fixed rate regardless of how long the amortization plan lasts, the TAN slightly lower than the competition, the convenience of the online procedure are certainly points in favor of the Orange Account Loan, which, however, in terms of timing is not exactly the maximum. Ing. Direct has the burden of speeding up the whole practice in the future. However, it remains a valuable financial product to be considered for small-medium funding.

Best Personal Loan: Loans and Loans at the Best Interest Rate Today

You have an important goal to crown and are looking more or less assiduous on the internet information on the best personal loan, as it would be essential to get you the extra cash needed to achieve your dream?

CreditExpress Dynamic: UniCredit’s personal loan can be the solution for you

UniCredit is the second banking group in Italy. As a result, there are a number of commercial proposals in terms of personal loans and loans at favorable conditions. We recommend CreditExpress Dynamic for the occasion. What’s this? A personal loan for amounts ranging from a minimum of 2,000 euros to a maximum of 30,000 euros, repayable through an amortization plan lasting between 36 months and 84 months. In order to have a sustainable installment, UniCredit allows you to choose three options in relation to your reference needs.

 

  1. Exchange rate : in the face of a sudden increase in liquidity, you can decide to pay off the loan as soon as possible, increasing the amount of the installment and decreasing the number. If you have consistently paid the first 9 installments of the loan, UniCredit allows you to change the monthly payment, remaining in an area with well-defined minimums and ceilings. The option costs 10 euros and requires approval with reference to actual creditworthiness.
  2. Salto Rata : an unexpected unexpected, like the necessity of having to face legal expenses or a repair of your car, can ask you for not indifferent expenses. In order for your budget not to be affected too much, UniCredit gives you the opportunity to skip the installment. Always if you paid the first 9 installments from the provision of the personal loan.
  3. Reload Loan : do you want to get additional liquidity, because after months of work at a frantic pace, you deserve two weeks of vacation? Enjoy them with this option. Requesting new liquidity is feasible even when you have a loan in progress. The option costs 10 euro, always subject to credit assessment in terms of merit, and conditio sine qua non, so that you can use it, is that the amount requested can not exceed the principal repayment at the time when the request was made. All up to 3 times maximum and after you have paid at least 24 consecutive installments

Here are some examples of the amortization plan of CreditExpress Dynamic , according to many the best personal loan ever.

  • Do you need 4,000 euros? You can repay them in installments of 128.88 euros in 36 months. TAN and TAEG correspond respectively to 9.90% and 11.59%.
  • Again for € 4,000, if you decide to extend the repayment term to 64 months, the amount of the monthly fee falls to € 80.79. The TAN remains at 9.90%, but the APR falls to 11.18%.
  • Finally, for an 84-month repayment plan for the sum of 4,000 euros, the installments to be repaid each month are 66.60 euros with TAN at 9.90% and TAEG at 11.03%.

Insights on CreditExpress Dynamic options

The options of CreditExpress Dynamic, the best personal loan for insiders, do not end there. We report the custom round installment. Choosing a round figure, like 120 euros rather than 121.98 euros, is much simpler, because you remember in a more practical way how much you pay each month. And UniCredit allows you to do it. If you are a UniCredit account holder, you can take advantage of the automatic withdrawal on your account, so that you can not run into problems of red tape, in the event of a forgotten payment of an installment. If you do not have a UniCredit account, you can open one by making an appointment with the nearest branch. For further information on the best personal loan, I refer you to the CreditExpress Dynamic website: https://www.unicredit.it/it/privati/prestiti/tutti-i-prestiti/per-le-esigenze-di-tutti-i -days / CreditExpress-dynamic.html.

Flexible Findomestic Personal Loan

If you are looking for a personal loan, characterized by maximum flexibility, Findomestic is the solution that can do for you, if you want to renovate the house or equip it with photovoltaic panels or why not buy a new or used vehicle that is or still to deal with contingencies such as costs of medical and health care costs.
If you need 15,000 euros, just to name one, you can opt for an amortization schedule of 96 months with installments of 199 euros. Taking into account that the fixed TAN is 6.25%, while the APR corresponds to 6.43%, the amount to be repaid is 19.104 euros.

Agos Ducato Personal Loan

Agos Ducato Personal Loan

As for the variety of personal loans provided, Agos Ducato stands out for its myriad of very convenient offers. Do you want an example? Do you need 10,000 euros urgently? With a repayment plan of 72 monthly installments, TAN and APR of 4.91% and 6.28%, the amount due amounts to 11,963 euros. However, it is also necessary to pay in this sum the costs for the preliminary investigation of the practice, amounting to 200 euros.

Personal Loan Compass

Personal Loan Compass

Becoming a client of Compass, a reality belonging to Medio Banca, realizing your dreams with a personal loan is no longer an impossible undertaking. With TotalFlex the disbursement of 30,000 euros, the extension of the amortization plan and the possible advance of the debt repayment are not utopia. Take advantage of it, because you decide the monthly payment to be paid. Do you need 15,000 euros? With a number of installments between 69 and 81, TAN from 5.90% to 10.90%, TAG between 6.86% and 12.22%, pay 270 euros.

Conclusions

The best personal loan does not exist. Or rather, there is not one to consider the best ever, because the final choice, always subjective, is strictly dependent on individual factors, actual needs and the type of purpose. Rely on one of the many online search metas. These comparators, once you have set the filters based on your satisfaction rating, will reveal the best solutions in a single interface. You will not have to waste time on banks or financials, as the results are really just a click away.

BNL Loan, Personal Loans and Transfer of the Fifth of BNL Bank

From the purchase of a new car to a university master’s degree, to the realization of a simple and legitimate dream placed in the drawer. The needs that a personal loan must satisfy and fill are truly infinite . For this reason and for other reasons the BNL bank offers a wide and articulated range of solutions, specially designed and designed to provide prompt and valid response to any type of request or question from the customer. Online loans for example, suitable for those who need immediate cash, with the latter that will be implemented within a few minutes of the request.

Loans in the agency then, ideal natural habitat for a slice of clientele who want to be followed step by step. Finally, student loans, functional to all those parents who intend to build a bright and fruitful future for their children. Regardless of the projects you have, you can carry out a real loan simulation whenever you want, making a precise and detailed calculation of the loan you are about to receive . In this way, you will have the opportunity to better understand which of the options is the best one for you or for your family, having a complete picture of what is both the amount of the loan, and the features that build the appearance.

The characteristics that, before signing the loan, must necessarily be taken into consideration are:
– TAN , an abbreviation that indicates the nominal annual rate;
– APR , the annual percentage rate of charge, including both the aforementioned TAN and all the ancillary costs;
– the duration of the loan , which will obviously fall on the amount of the monthly payment.

Loan in Novo 1Click

Loan in Novo 1Click

The BNL loan in Novo 1Click consists of a particular type of loan that makes speed and immediacy its main feature. This loan can be requested by using the online platform , sending the general information of your document in digital form. What is the primary advantage of subscribing to a similar online loan is that there is considerable savings, if nothing else, on certain costs, including the so-called inquiry costs. Before requesting this loan, what is good and right is to keep documents such as:
1) a valid identity document;
2) a document certifying the applicant’s income . An example would be the last payroll if you are a salaried employee or the Sole Model if you are a freelance person;
3) the tax code .

The maximum amount that can be requested is € 100,000 , with the next payment being made through a transfer sent directly to your personal bank account. BNL in Novo 1Click is a loan at a fixed rate. A loan that allows you, depending on what are your particular needs, to make changes to the installment. In other words, spending the first six months of the loan gives you the right to activate the Rata and Salata Rata option completely free of charge . Using the first, you can change the economic amount that you have to send to the bank every month. Modification, this, which will affect the duration of the loan. Using the second option, however, you can skip an installment, up to a maximum of three times, placing it in the final fraction of the loan. For what concerns Cambio Rata, the following posts are established:

  • a basic installment, which is the amount that the customer chooses when he signs the loan with the bank;
  • a maximum payment, the maximum amount that the monthly payment can not exceed;
  • a minimum installment which, on the contrary, consists of the minimum amount below which the monthly payment can not go down.

To change the installment instead, Cambio Rata can be chosen by contacting the Personal Customer Area , by first clicking in the “Manage” section and then at the height of the word “manage your BNL loan in Novo 1Click”. Alternatively, you can directly contact the number 060.060 or send a simple text message to the number 339-99 41 499. The same contacts can be used for the Salta Rata, which however can not be activated simultaneously with the other option, Change Installment. Between one request and the other there is the obligation to respect the temporal terms established by the contract in place.

Dynamic Pension Loan

Dynamic Pension Loan

 

In this case, there is a form of financing dedicated to all those Italian pensioners who need support to give substance to their projects. The only guarantee is that of pension treatment , with installments that will amount up to a maximum of 1/5 of the sum received and with a repayment that can go from 24 up to 120 months. Through BNL Dynamic Pension Loan the pension will become the only means of sustaining the family and the realization of those that are their dreams . All this through the instrument of the assignment of the fifth. An agreement with the INPS social security institution will ensure that every applicant can receive funding characterized by absolutely advantageous interest rates. The variants of BNL Dynamic Pension Loan are substantially three, summarized as follows:

  • BNL Pension Dynamic and Sustainable Pension . In this case, the payment of the installment to be paid monthly can not exceed the proportion of 1/5 of the pension;
  • BNL Pension Dinamica Semplic e. The monthly deduction will be made directly to your pension, without any need for you to remember to do so;
  • BNL Flexible Dynamic Pension Loan. Here, the maximum amount payable is 90,000 euros, with the repayment which can not exceed 120 months. An INPS convention dating back to November 14, 2013 has provided for the provision of loans equal to the fifth of the pension, with fixed and accessible interest rates. Last but not least, however, these conditions can be extended to all pensioners, even those belonging to other social security institutions.

First Home Loan: Rata Calculation, Simulation and Mortgages for the purchase of the first house

Those wishing to purchase the first property, must find themselves to stipulate the first mortgage. All those who do not have available liquidity for the purchase of the first house have recourse to a subsidy provided by the bank which is generally around 80% of the value of the real estate . The remaining amount is instead covered by the person who stipulates the mortgage, directly. An amount of 100% is a rare case, it is an alternative but it is difficult for the bank to raise such a high sum unless it is a very small amount or a personal loan that does not appear as a mortgage.

How to calculate the mortgage payment: differences and characteristics

 

To select the ideal loan, it is advisable to view the rates and offers of the individual banking institutions. By personalizing your request it is possible to have a clear picture of the amount that would be payable month by month. To calculate the loan installment in an exact way it is necessary to insert some parameters ie the duration of the loan, the type of amount to be financed and the interest rate chosen.

When selecting an institution you need to pay close attention not only to the costs and the physical installment of the loan but also to all the ancillary costs that could greatly change the final amount to be paid. In addition to the amount that is returned to pay the loan in fact, the bank provides for the payment of insurance that are now mandatory . The amount to be paid varies from institution to institution, this item must be included in the final statement. Attention also to the figures that must be anticipated or if there are final clauses on the price, such as maxi rate. Although banking offers are very similar in general, these quibbles can be extended to one rather than another credit institution.

Simulations of an installment for the signing of a loan

Simulations of an installment for the signing of a loan

Wanting to view some of the rates currently on the market to choose the one that best suits the purchase of the first house you can take a look at the major institutions that provide mortgages.

CARIPARMA – It offers a base loan for an amount of 50 thousand euro with a rate of 1.55% fixed and taeg to 1.80% with a duration of 20 years and a payment therefore total of 58.181.80 euro which provides a monthly payment of 242.42 euro.

IWBANK – It offers a fixed rate mortgage for the requested amount of 50 thousand euro with a rate of 1.65% and a taeg of 1.88% with a duration of 20 years and a final cost of 58.736.99 euro. The installment in this case is 244.74 euros.

UBI BANCA – For a loan of 50 thousand euros at a fixed rate for the purchase of the first house, it offers a rate of 1.65%, taeg 2.04% and an amount to be repaid of 58.763.99 euros in twenty years. The installment is the same as IWBANK with 244.74 euros.

BANCO BPM – It differs in that it offers a package called Fixed Rate Last Minute, the amount financed 50 thousand euros provides a rate of 1.73% and a taeg of 2.10% in twenty years. The final cost will be 59,183.50 euros with an installment of 246.60 euros.

Offers from banking institutions for the purchase of the first house

Offers from banking institutions for the purchase of the first house

For those who want to buy a home there are particularly advantageous offers to take out a mortgage. The first thing to do is decide if you want to subscribe to a fixed or variable rate payment , the substantial difference is that in the fixed rate the monthly payment is predetermined and does not change, this allows for very accurate forecasts of monthly expenses . In the case of variable installments , this is affected by the financial changes in the market and, consequently, the installment oscillates monthly. Here, the financial risk is much higher, but if the market fluctuates down, you will pay a much lower rate than the fixed rate.

By making a comparison of prices and costs related to the costs of investigation , appraisal and related promotions, there are institutions that offer advantageous offers for those who intend to take out a mortgage in 2019.

The most noteworthy are the CREDEM bank proposal, which offers a 1.58% Tan and a 1,9% Taeg with the preliminary examination costs of 1,200 euros and the appraisal of 280 euros and the IWBANK proposal which offers a good rate fixed and does not provide any cost of expertise or management but only preliminary investigation of 600 euros.

Loans for Students: Solutions and Offers from Italian Banks and Post Offices

Student loans are real loans that are provided by banking institutions with special conditions specifically designed to meet the sustainability needs of a student who begins his academic career. The installments of the loans are repaid after several years and the rates are normally kept below the average threshold, so that immediately the relationship between the bank and the young client can be considered consolidated and ready to be developed for the future , when the young will have completed his studies and will start his professional career.

For a student who is about to start his university career , or who may have already started his studies, the main initial limits are due precisely to the cost of university education. The will not to burden with expenses, sometimes very high, on the shoulders of the family, pushes many young people today to give up the dream of completing their studies and graduate. The answer to the needs of young students is now provided by the lenders who have activated a series of initiatives aimed at financing young students who need credit to complete their studies . Let’s find out together the characteristics of the offer of some of the main Italian competitors.

XTE Loan with Lode: the Intesa Sanpaolo offer

XTE Loan with Lode: the Intesa Sanpaolo offer

The offer of Intesa Sanpaolo, one of the leading Italian banks, is characterized by the possibility of activating the loan and obtaining a full 5 years of bridging before starting the real restitution phase, which can also take place in a single solution to the term of the study cycle. The repayment plan can be activated up to 30 years in duration and the management of the assigned credit line is carried out through a dedicated current account and a debit card linked to it.

Unicredit Loan Ad Honorem

The credit line proposed by Unicredit, another major player at international level, may vary in terms of duration, depending on the course of study you have chosen and of which you will have to communicate the details directly to the agency at the time of switching on. At the end of the course of study, the amount accrued together with the interest turns into a personal loan that you can decide to repay at the end of the study period or to finance you in small monthly installments with a sustainable cost. The maximum duration of the product is set at 180 months and the maximum amount granted is 27 thousand euros.

Agos student loan

Agos student loan

 

With the same characteristics of the product that you can subscribe at a bank, even the financial Agos offers an alternative to students, allowing them to light a loan for a maximum amount of 30 thousand euro, with all credit guarantees and the characteristics of a loan true, as the mechanism of suspension of the installment or modification of the amount. The request can be perfected directly through the online form.

BNL discount and praise loan

The Banca Nazionale del Lavoro, owned by the BNP Paribas group, offers funding for your studies, assisted by a bank guarantee signed by a third party; the credit line can also be granted against the presentation of other assets, such as financial securities. The amount of the loan and the interest rate to be paid will vary periodically on the basis of a table that also takes into account your university average, reserving the best conditions for the most capable and deserving students. The Bancoposta Student Loan is, in the end, the alternative of Poste Italiane to the banking offer and its conditions are in line with those of all the other market competitors.

100% First Home Loan: What It Is and Which Banks Offer 100 Percent Mortgages, Real Estate Value and Requirements

Buying a home is never easy, in fact there are very few people who can get enough cash to pay for it all at once . For this reason we usually ask for financial help from banks that anticipate a part of the cost of the building. This loan will then be returned by installments with a predefined interest rate . The sum paid, in ordinary cases, does not go beyond 80% of the total cost of the home but there is a very special case in which it is possible to obtain a 100% advance payment .

The 100% mortgage was introduced at a time when the brick market was much more active than the current situation to help young people and people in need to build or buy a house.

How does the 100% mortgage work?

The inter-ministerial credit and savings committee has established that the loan granted by a bank for the purchase of a property must not go beyond 80% of the value of the same except for special cases. Financial institutions are generally very reluctant to grant loans of this type because those who do not have the ability to save usually do not offer good guarantees of respecting long-term payments. In fact, the clauses are much stricter than traditional cases . First of all, the applicant must have an open-ended contract of a certain type. In general, the concession is simpler in cases of couples made up of two employed persons.

Secondly, it is necessary to open a surety to cover a 20% share of the loan . The interest rate is heavier than that of a classic loan. The surplus can go from a minimum of 0.20%, in the most convenient cases, to a maximum of 0.50%. In any case, the monthly payment can not exceed 30% of the salary but the payment could be extended for a considerable period of time.

Because banks are interested in making 100 per 100 mortgages

Because banks are interested in making 100 per 100 mortgages

Credit institutions offering loans of this type run far greater risks than traditional cases but are able to protect themselves effectively thanks to interest rates. The applicants should in fact calculate the rates in the period just before the end of the loan or count the total sum of the same. This funding could therefore appeal to those who find it difficult to save money but it will turn out that the value paid at the end of the loan is much higher than that of the building itself.

Which banks grant it

Which banks grant it

  • The Bper Bank requires a spread increase of 0.80%.
  • Banca Intesa San Paolo maintains an average spread but only grants this loan to young people under the age of 35. The duration of the payment can last up to 40 years.
  • MPS grants a solution for young couples but in this case the spread increases according to the duration (from a minimum of 3.35% to a maximum of 3.85%).
  • The BNL bank dedicates this type of loan to young people but the only benefit is the discount of 20% for ancillary costs.
  • Cariparma offers the “Grand 100% mortgage” with a taeg equal to that of other loans (which do not exceed 80%) but which in any case is quite high.

The right solution

To find the best solution for your situation you can use sites that compare all the options on the market and then compare two or more quotes. Alternatively, you can always think of saving and applying for a classic mortgage with significantly lower interest rates.