Indicated to quickly meet personal liquidity needs and designed for those who are in a disadvantaged economic situation and who are not able to present suitable guarantees to a credit institution to obtain traditional financing, the loans issued, also called loans trustees, are nothing more than personal payday loans at a fixed rate and constant installment not aimed at the purchase of a specific good or service.
Get a online payday loan
As regards the repayment of the disbursed capital and the related interest, the repayment method consists in the payment of bills of exchange: the credit title can be placed with any bank.
The number of subjects legitimated to access a loan with financing is definitely large. The payday loan provider requests the certification from the pensioners and the employees the last paycheck and the severance pay guarantee; in the case of self-employed workers , in addition to the presentation of the last tax return, the signing of an insurance is required.
Conversely, the intervention of a guarantor or a co-obligator is necessary if the applicant is unemployed or an atypical worker. In consideration of the fact that bills of exchange are enforceable, in the event of non-payment of a bill of exchange, the risk of a protest materializes, with the start of a credit recovery procedure.
What are the main advantages of having a loan repaid?
Delivery times are very limited, the beneficiary is not required to provide any reasons for the destination of the sum paid. Bad payers and non-EU workers with a residence permit can also access this type of loan. This loan is also compatible with the presence of other loans in progress and can be terminated early without the payment of penalties.
A particular variant of this type of financing is represented by home-based loans
Allows you to receive directly at home the amount granted by the bank or financial institution that provides the money. In this case, you will receive a circular assignment at your home and it will not be necessary to justify the request, as this is a personal payday loan.