New forms of financing continue to enrich the supply of banks and financial institutions, a necessity that derives from the renewed propensity of Italians to request a loan as already anticipated in the news “The spring of the loans has already begun”.
The use of credit has been enriched in recent years by so-called fast loans. The main feature of the loan concerns the time of approval, as there are intermediaries who also supply it online in 24 hours. It is important to keep in mind that this period of time does not start from the request of the estimate, but from the moment in which all the required documentation is delivered to the institution.
The need to use a product of this type is usually reminded of something unexpected, which the customer cannot cope with with its own economic resources.
Generally the sums paid out are of a fairly reduced amount, maximum 5 thousand euros, while the duration of the amortization plan varies from a minimum of 12 to a maximum of 48 months. Despite the low amount, it is very difficult for the loan to be granted without payroll or demonstrable income. However, it is possible for the customer to present the request together with a guarantor, who has the function of taking over the payment of the sums in the event that the main debtor is unable to fulfill the obligation. A fundamental requirement of the guarantor is that his economic position is solid and has not been reported to end-to-end company (Centrale Rischi Finanziari) as a bad payer.
The fast loan can be both finalized and personal. The differences mainly relate to the costs, as the one granted for the purchase of an asset can be granted even at zero rate, while the second provides for medium-high interest.
The two types are not the only possibility to use fast credit. A solution comes from the loan, a loan covered by bills of exchange signed by the applicant, which are enforceable for the institution to recover the money without resorting to legal action. However, it should be emphasized that many banks tend not to grant this form of loan, which is not very convenient for the same customer due to the interest rates applied by very high institutions.
Currently it is possible to find fast loan proposals both at the main banks, such as Bankate, and with the financial institutions, such as Credither is considered a pioneer of this type of service.
Compare best loans
In terms of credit, it is always good to remember the use of the Prestamocor portal, which compares the best loans online and helps the consumer to save on financing hundreds of euros every year. The offer recommended at March 30, 2017 for liquidity purposes is precisely that of Credither with Personal Credit. For a requested sum of € 20,000 to be repaid in 84 months, it allows a 40-year-old Roman customer to pay an installment of € 311.23 at a fixed rate of 7.95% (Taeg 8.29%). Credither is intended for individuals and residents of the Italian territory who have a demonstrable income. The financing only applies an expense, that of 16.00 euros for the stamp duty which will be charged on the first installment. Insurance costs are optional and equal to 4.5% of the amount granted.