Loans & Mortgages

We tried to simulate a request for personal loan of an amount equal to 5,000 euros for the purchase of a used car. To get a detailed picture of the offers of personal loans more plausible on the market, we used the comparison service PrestitiOnline. We put ourselves in the shoes of a person of about thirty years, an employee with a permanent contract, with the intention to repay the loan in up to 12 months.

The request we also calculated an insurance policy to cover the risk life and disability so that in case of accident there is a repayment of outstanding debt to the institution that granted financing by insurance.

And here are two quick funding proposed by the free service CreditOnline Credit Brokerage:

The Duchy of Agos personal credit. A personal loan intended for employees with documentation of income demonstrable. Repayable by direct debit on current account (RID) or postal order with monthly installments of 442.82 euros (TAN interest rate: 5.60% - APR: 12.01%) is a personal loan to be reliable.

Do you think Agile Santander. Destined to employees with permanent contracts and applicants on a pension, be it social or seniority, may be required for loans up to 30,000 euros. The arrangement of the transfer or sending of the check are contextual to the receipt of the properly signed contract and ancillary documents. Of 455.54 euros for a total monthly amount to be paid under 5477.32 (TAN 5.60% - 12.01%). With rapid delivery costs and lack of educational practice can be considered a viable option even for the most demanding requirements of liquidity.

With interest imposed last year on new personal loans today a grant of 20 000 euros comes to cost 30 to 60 euros more per year compared to the beginning of 2007, according to the duration chosen for the refund.

But these data, however, are better than those reported in the same amount of time from interbank rates. The consumer credit, in fact, unlike the universe of mortgages, was only slightly affected by the effect subprime.

But the media can cost funding? First, second PrestitiOnline.it, ranks Neos Banca (APR 12.40%), followed by Santander (13.06%), Fiditalia (13.24%) and Elastys (16.65%).

And for example, a four-year loan of 20 thousand euros to buy a new car varies among the five best offers, from 6.25% pa (APR 6.54%) of Santander to 7% (APR 7.23% ) included in the bouquet of Neos Banca. The interest doubles, however, for loans of cash.