Do you need additional liquidity and retirement is not enough for you? Thanks to the loan for retirees you will finally be able to have the much-desired sum in your hand in a few simple steps. By relying on a fast and convenient credit transfer system, you can make your wish come true, buy the car of your dreams or finish paying the mortgage in total serenity.
The assignment of a fifth of the pension is one of the most appropriate financing systems for pensioners who need a loan because it is directly applied to the social security check. As the word itself suggests, the assignment of the fifth provides for a deduction on the monthly pension, which cannot exceed one-fifth of the total amount. To request your loan proceeds by assignment of the fifth, you will only have to fall into these three categories:
- pensioner residing in Italy
- pensioner with a minimum income of not less than € 650 per month
- retired with 89 years at the end of the plan.
Continue reading the article to find out the advantages of the retirement loan!
Loan for pensioners through the assignment of the fifth: the steps not to be underestimated
TAN: subsidized rate
One of the first actions to do when looking for an affordable loan is certainly to check the TAN (Nominal Annual Rate), or the interest rate used by banks on the installments that you will have to pay monthly. The lower the TAN, the more advantageous the financing will be.
With PrestitiFaidate.you can take advantage of a subsidized rate dedicated to public and state pensioners and specifically designed for loans disbursed through the salary-backed loan formula . Both the number of installments and the rate will remain blocked for the entire duration of the loan: no unpleasant surprises and increases over the years, the entire loan amortization period offers you maximum protection and security .
Zero ancillary costs
The second point to keep in mind is represented by the evaluation of any ancillary costs , which can often lead the value of the monthly installments to rise exponentially. PrestitiFaidate.it eliminates management costs : the only charges you will have to bear are bank interest, brokerage costs and any reimbursements for notification or post office. To these is added a small insurance sum created to ensure greater peace of mind for both parties: it is a policy to guarantee the life risk and loss of employment, which will allow you both not to burden future heirs in the event of death, and to protect you in case of dismissal.
No mortgage guarantee
The loan through the modality of the assignment of the fifth of the pension does not provide for any surety, but it is a single signature mode , in which the pension acts as guarantor to the credit institution: this system does not in fact require mortgage guarantees and even any unforeseen events past financial assets will constitute grounds for refusal of the loan.
Convenience, safety and transparency
With customized amounts up to € 75,000, fixed installments withheld directly from the bank account without having to remember to pay the fee every month and repayment plan with installments up to 10 years, the loan for retirees by assignment of the fifth is synonymous with convenience, security and transparency.
In this way, you will always find yourself protected as the monthly payment will never exceed one-fifth of the pension, and thanks to the insurance coverage you will not have to worry about any future repercussions. In addition, the plan is highly customizable, with installments ranging from 24 up to 120 months, in order to better structure the loan according to your needs.
Intuitive and simple procedure: completely online
Another point in favor of the loan application is certainly represented by the ease with which the entire procedure is applied. The entire financing process takes place online, from the application to the disbursement of the loan. Each step, from the feasibility check to the sending of the required documentation, up to the complete allocation of the loan is 100% online. Precisely for this reason, many management costs can be reduced and the procedure is streamlined, making it easy, intuitive, and fast, but at the same time extremely safe and reliable.
To complete the application, simply send the last pension slip and the last CUD, identity document and health care, and the transferable share certificate of the Social Security Authority. The timeliness of PrestitiFaidate.it constitutes another truly competitive strength. When the request is sent, the result is guaranteed within one hour, and after receiving the approval of the Administration to which it belongs, the payment of the requested liquidity takes place within 10 days.