Payday Loan: Loan during parental benefit

After the birth of a child, the expenses increase, while the parental allowance replaces only part of the falling-out income. It is, in most cases, sixty-five to sixty-seven percent of the average net income of the past twelve months, and increases in reconciling labor income of less than $ 1,200. Minimum and maximum amounts of 300.00 Euro and 1800.00 Euro apply.

The upcoming parental leave can already be planned at the beginning of the pregnancy. At this point, both parents still have their full earned income. It is therefore possible with early planning to avoid the loan during the parental allowance by the early application for a loan. This is due to the low willingness of many banks to lend during parental leave useful and perfectly fine, when the budding parents in the choice of repayment term and the associated installment rate after her birth reduced total income into account.

Lending during parental allowance

Many banks are extremely reluctant to grant a loan during parental leave. They do not count the parental allowance as a relevant income in their budget statement due to the temporary payment. Mothers and fathers have the right to return to work after parental leave. However, a lender can not predict whether his client will make use of this opportunity or opt for a longer break. The conversion of the employment contract to a part-time job is also widespread. Due to the uncertainty as to what income the recipient of the parental benefit will receive after the end of the reference period, many banks do not include this benefit in the budget. If consumers need a loan during parental allowance

That applies to a small part of the commercial banks. If parental benefit recipients continue to work part-time, the banking institutes will, of course, count on their continued earned income as a full-fledged cash receipt. For the borrower are important in a loan during the parental allowance as low as possible interest rates and flexible repayment modalities. Because of the unexpected expenses that are likely to occur in a young family, low duty rates coupled with the possibility of free special repayments are ideal.

Especially in the case of a loan during the parental allowance, flexible repayment rules justify an interest charge over the cheapest in terms of price, but rigid in terms of repayment. A careful credit comparison can be used to find affordable as well as flexible loans for parents.

The borrowing by the still fully working parent or twosome

With married couples or unmarried living together parents, the borrowing during the parental allowance by the still fully working parent offers. This earns a regular income and is therefore considered creditworthy. Single parents can also take out a loan during the parental allowance relationship with the second parent, even if they live in their own flat. Only a few banks require a matching address for lending to two people.

It is also conceivable that the grandfather or the grandmother of the child acts as a co-borrower. Guarantees are also possible, but less popular with many lending banks than common borrowing. This is understandable, since guarantees with a strong emotional bond between a guarantor and the borrower run the risk of being judged by a court to be immoral and therefore ineffective. This legal risk does not exist for a joint credit application.

Easier loans than bank loans

Easier loans than bank loans

The easiest way to obtain credit as a parental allowance is to pay part of the trade. When shops offer a partial payment, they often accept one without proof of salary and sometimes even without income demand. The interest rates are attractive when financed by the trade, often even a partial payment without interest calculation is possible. The disadvantage of the installment payment in the business is that customers often refrain from comparing prices for the goods due to the installment offer. A second option for getting a loan on a parental-benefit basis on favorable terms is through lending platforms between private lenders and private borrowers.

Unlike banks, most private lenders pay less attention to the usual credit rating. On the contrary, they largely decide which loan request they want to support with their money. Young families are among those who willingly help private lenders. For a quick loan on a platform for private credit mediation, it makes sense to describe the reason for the loan request as accurately as possible. Another alternative to a directly requested bank loan is the application submitted via a loan broker.

Thanks to their excellent knowledge of the market and good contacts with the banks, the service providers can in many cases successfully arrange a bank loan during parental benefit payments. Most credit intermediaries are reputable and do not charge any initial costs, but only a reasonable success fee.

Loan 60000 Euro: how to get a personal loan with a repayment in 120 months

Let’s find out the best opportunities available on the loan market to receive a € 600,000 loan. In this page we will see how to get a personal loan with a refund in 120 months, in order to fix particularly light installments. Finally, examples of estimates of the best credit institutions, to choose the most convenient.

Loan 60000 euros: how to receive financing with Astrofinance

If you are looking for a € 60000 loan, one of the best solutions for you is the Astrofinance personal loan. This company, among the most quoted on the market, is the one that offers its customers the opportunity to receive the highest amount ever. The financing offered by Astrofinance can also be requested online, which makes it particularly attractive from the point of view of the convenience and speed with which you can get the desired amount. Obviously to receive 60000 euros it is necessary to provide the institution with valid guarantees, since we are talking about a particularly high sum of money. The first characteristic to be analyzed of the Astrofinance personal loans of € 60000 are therefore the required requisites, without which it is not possible to proceed with the request for financing. These are defined by Astrofinance precisely for personal loans, and do not depend on the amount we are going to request.

First of all it is necessary to respect the constraint that concerns the age of the applicant. Only those aged between 18 and 75 years can apply for the Astrofinance € 60000 loans. It is also necessary that the customer is resident in Italy and that this can be demonstrated through the relative documentation. Foreign customers can therefore have access to Astrofinance personal loans, provided they hold a valid residence permit and are resident in Italy. Furthermore, it is essential that the applicant be the holder of a current account in order to allow the payment of the requested amount. In the event that you do not have a current account, there is no problem, since by contacting Astrofinance you can open your account and then proceed with the request for funding. The main obstacle to obtaining a € 600,000 Astrofinance personal loan is certainly about income guarantees. In order to obtain the sum of money we are interested in, it is necessary to have a monthly income that allows us to face the repayment installments that we will fix.

Considering the fact that we are talking about a particularly high amount, equal to € 60000, the company is in some way forced to accept only requests from customers who receive an adequate demonstrable income. The latter can be demonstrated through the presentation of the paycheck for employees, the last pension from the pension for pensioners and finally the declaration of income in the case of self-employed workers. To see immediately if you can deal with the repayment of a € 600,000 Astrofinance loan, just use the online simulator to calculate a free quote in a few simple clicks. To do this, simply specify the project to be implemented and the amount you need, which in our case will obviously be € 60000. By clicking on ” Calculate the Loan ” it will be possible to calculate a completely free estimate to immediately know the expected repayment rate and the applied interest rates. In this way it will be possible to compare all the different solutions among which to choose the most convenient one according to our needs. For example, the following table shows the estimates for a € 600,000 Astrofinance loan required to purchase a home.

DURATION MONTHLY RATE TAN% TAEG%
48 months € 1456.40 7.70 7.97
54 months € 1318.30 7.70 7.98
60 months 1208.00 euros 7.70 7.97
66 months 1118.10 euros 7.70 7.98
72 months € 1043.30 7.70 7.98
78 months 980.20 euros 7.70 7.97
84 months 926.30 euros 7.70 7.98
96 months 839.10 euros 7.70 7.97
108 months 771.90 euros 7.70 7.98

This table can be useful for the choice of the loan from 60000 euros cheaper for you. The duration of the loan ranges from a minimum of 48 months up to a maximum of 108 months. The main factor on which to base your choice is certainly that of the repayment installment, which must be within your reach in order to make the request. Being a very high amount it is usually necessary to choose a repayment plan with particularly high duration. For this reason it is advisable to repay in 108 months, with installments of 771.90 euros and interest rates Tan 7.70% and Taeg 7.98%. Decreasing the duration you can save on interest, so if you have an income that allows you to set a higher rate, we recommend that you do so because your loan will certainly be cheaper. In any case, however, it is difficult to go below 78 months, since in this case installments of 980.20 euros and interest rates of Tan 7.70% and Taeg 7.97%.

How to get a personal loan with a refund in 120 months: is it possible to receive 60,000 euros?

How to get a personal loan with a refund in 120 months: is it possible to receive 60,000 euros?

By doing a quick search for financing offers you will see how many solutions are provided by the various banks and financial institutions. Personal loans are among the most requested products ever, since they allow customers to carry out any project, both from a personal and a business point of view. The problem of this type of financing is always represented by the guarantees requested by the lenders. Furthermore, all companies set limits on the amount that can be requested. This means that it is not always possible to request a personal loan of € 60000, unless there are special situations. For example, among the best financials in circulation there is Ultranix. One of the strengths of this company is undoubtedly represented by the possibility to choose the duration according to their needs, with a “freedom” greater than the competition. With the personal loans Ultranix it is in fact possible to choose a duration ranging from 12 months up to 120 months. This is a great opportunity especially in the case that we consider that is the 60000 euro loan, so a longer duration means installments much more affordable.

The problem of Ultranix personal loans is that they provide for a maximum amount that can be requested of € 30000. With this product you have the possibility to receive a rather important sum of money, very useful for different projects, however it is only half the amount we are dealing with in this article. So why are we talking about Ultranix funding anyway? Simple, because under certain conditions it is also possible to receive 60,000 euros. The product that is right for you is the sale of the fifth salary or pension offered by Ultranix. This type of financing is in all respects a personal loan, which however has the characteristic of being aimed exclusively at employees and pensioners. These two categories of customers have the possibility to provide the company with a fixed income every month, from which the monthly repayment installment can be automatically deducted. The maximum duration of the sale of the fifth Ultranix is equal to 120 months, as we have seen for classic personal loans. The main feature of this form of financing is then the repayment installment, which as suggested also by the product’s name may be at most one fifth of the salary or net pension received.

Ultranix is not the only financial company that offers its customers the possibility of receiving a loan of € 60000 through the sale of the fifth. This type of financing is now expected by most banks and financial institutions, and is probably the best solution available to receive the desired amount with a repayment of up to 120 months. The cheapest loan of 60000 euros is the one offered by the banks that have an agreement with Social Institute. The National Institute of Social Security provides conditions for its multi-year loans, both five-year and ten-year. The companies that decide to adhere to the Social Institute convention will have to offer their customers the assignment of the fifth with a particularly convenient treatment. Among the main companies affiliated with Social Institute there are in addition to Ultranix for example, Astrofinance, Onecredit, Cleopor, InDirect and many others. Our advice is therefore to contact one of these credit institutions to receive a loan of € 60000 with repayment in 120 months. Going to the branch you will also have the opportunity to request a detailed estimate that will allow you to get an idea of ​​the expenditure you will meet and to compare the different proposals in order to choose the most affordable one.