1) The personal loan is a type of funding 'not finalized', that is not particularly intended to purchase a good or service in particular. Practically, the amount received, you can do what you want and therefore the purpose of the loan is not required.

2) The requirements needed to obtain a personal loan is the minimum age of 18 years, have a provable income, be a good credit record.

3) The documents required to achieve are: a copy of your passport, Italian, a copy of the permit (if the applicant was a non-EU citizen), a copy of the tax code, paycheck or unique model or the slip retirement.

4) A personal loan can be requested by residents in Italy, Italian or foreign. They can access the loan all types of workers: public and private craftsmen, autonomous, self-employed and pensioners. Also need a copy of the header with the coordinated bank account statement for reimbursement.

5) The maximum amount financed is usually around 30,000 euros.

6) Normally, the refund can be made by RID or debit your bank account directly or via postal.

7) The term of repayment varies usually between 60 and 70 months.

In evaluating a loan you should pay particular attention to interest rates that may be low or subsidized. It 'very important at this stage to pay attention to the parameters APR (annual percentage rate) and TAN (annual rate).

9) The average rates of credit operations must follow the updates published quarterly by the Bank of Italy. The increase in average interest rates by half indicate the maximum rate after which one can speak of the crime of usury.

10) Before signing a contract for the acquisition of personal loan is very important to read each part. No economic or legal constraints may be applied if not explicit in the contract. And 'possible to request a copy of the contract before signing.

Author: consulweb

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It has recently been published on the site Italprest, agency and as the name suggests deals with funding, a small guide to loans. From this guidebook, we decided to derive a sort of introductory glossary, ideal for those approaching the loan with fear and suspicion because of the complexity of the subject matter of the technical jargon and confusing. To relieve some of 'the discussion we decided to take the shape of the top ten: in other words, here is a ranking of the 10 most important words of slang credit:

1. TAN: TAN This indicates the interest rate on an annual basis. Usually on the sale of the fifth Tane very low given the low risk assumed by the regulator.
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2. Mast: The mast is the sum indicates that the overall cost of a loan is repaid in full and if not terminated earlier and is given by a simple mathematical calculation: * term loan installment amount.

3. Liquidity: Liquidity is the modern term used when a person takes possession of cash.

4. Plan Amortization: The repayment plan is the detailed plan for repaying the loan, calculated installment to installment, whether monthly, quarterly or yearly.

5. Guarantees: Guarantees are a tool that gives you more peace of mind in cases of financial institution loans. Are required to potential customers who have no income or financial situation at to complete a loan. In a normal personal loan may be required to sign a relative with high income, or a mortgage can be mortgaged the house.

6. Effective Date: The start date is the date on which you must pay the first installment of a grant or loan. Recently, consumer credit, the starting dates of funding may also be the year following the conclusion of the financing.

7. Fifth Assignment: The assignment of salary funding is regulated by Presidential Decree No. 180 05/01/50 28/07/50 and DPR n. 895 now mandatory for all categories of employees and retirees. It 'a loan that requires repayment of the loan through payroll deduction, thus facilitating the customer to avoid unnecessary queues at post offices or objections on c / c, incurring even if delinquencies in the c / c there are no funds.

8. Multi-year direct loan: the multi-year direct loan, a loan granted to members of the unitary self-management of credit and social services, with certain requirements, in response to documented personal and family needs.

9. Solvency: solvency is the ability to make payments and varies from subject to subject. The employee loans may finance, through payroll deduction, non-fundable as not creditworthy with other forms of loan.

10. Personal Loan: personal loan is a loan to a fixed sum of money at a fixed rate with a repayment rate constant, has not been finalized, dedicated solely to consumers.

We hope this quick overview has served to clarify certain keywords, for the complete guide to loans, we refer to the site.

Author: doopcircus

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