What to know about personal loans: 10 important points
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 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 €.
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.
Taken from Articolista.com
