Easy Loans on the Web

The loan is served on the Web , but at what risks? If you only need a paycheck and an Internet connection to get a loan today, risking debt up to your neck is just as simple. The alarm launched by concerns the easy loans granted by online financial institutions, which would increase the risk of insolvency. In this regard, the association returns to ask Abi and Assofin to sign an agreement to extend to families the credit moratorium granted to companies. The risk of default is around the corner, especially if insufficient attention is paid to the interest rate …

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Senior Loans

Senior debt is the complex of medium / long-term loans , which bear a preferential repayment clause with respect to other payables.   Their duration is between five and eight years and their total repayment always precedes the amortization of subordinated debt and any mezzanine debt used to complete the financing of the operation. Senior debts represent, on average, over 50% of the total financial resources necessary to proceed with the purchase and are provided by traditional banks or, as is more frequently the case, by bank unions . In assessing the amount of the loan that can be granted, …

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Loans in Foreign Currency Pools

Export and import credits can only be granted by credit institutions that have the status of an agent bank of the Bank of Italy. This qualification is a general authorization to perform, in compliance with the currency discipline, interventions of various kinds concerning foreign trade . Loans in foreign currency pools are typically granted to exporters to companies that have been awarded tenders for the execution of works abroad. Often the pool is engaged in a performance that includes various types of cash loans and signature credits : sureties, foreign currency advances on future collections, simple credit openings (frequently in …

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Export and Import Financing

Export and import financing consists of an extension of the loan function to relations with foreign countries . The bank carries out these operations when the foreign importer requests a deferral of payment and the national exporter is required to cash in as quickly as he is entitled, or when the national importer has to pay cash but does not have the necessary funds. For Italy as for all industrialized states, support for exports is fundamental; it may not be a priority in some countries that produce raw materials or essential resources in quasi-monopolistic conditions. In Italy, the strengthening of …

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Unusual Risks

The simultaneous stipulation of multiple loans may give rise to risk situtations that may result in insolvency. In a study developed it was shown that with a pay of 1,600 euros, you can get loans from three separate financial , for a holiday, the purchase of a car and the renovation of a house .   The study took place with a reference base of 5,000 euros amortized in 48 installments of 125.10 euros, a loan of 25,000 euros on 84 installments of 401.60 euros and one of 30,000 euros amortized on 84 installments of 482 euros for a total …

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Loans for Foreign Students

The School of Business and Dartmouth College (USA) have devised a new loan program exclusively for foreign students. The search for financing solutions has always been a priority for , which has managed to obtain very competitive conditions despite the difficulties in accessing loans, a consequence of the delicate international climate.   The new funding program greatly facilitates foreign students who will no longer have to exhibit an American nationality guarantor. Candidates must demonstrate that they have real economic needs and request a loan that can go up to the total annual coverage, from which other loans or scholarships will …

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Loans and mortgages with dropper

Access to credit is increasingly difficult not only for companies or companies but also for families or young couples . Finding a loan for the purchase of the house is now almost a rarity. Among those monitored by MutuiOnLine, there were 11 banks in 2007 that proposed a mortgage for the entire value of the building: now they have become three. A difficulty that turns into an (almost) insurmountable obstacle when the request for a loan or a loan comes from those who do not have a permanent job or who has lost a job and decided to start their …

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Loans without Jobs

An important initiative initiated by the Pastoral Development of the Solidarity Economy to guarantee the work of its citizens. The SPES fund , thanks to agreements with leading banks, allows access to five-year loans for the start of new autonomous activities (commercial, craft, production and services). What is worth stressing is that no capital guarantees will be required for the loan but the preparation of a business plan from which the feasibility and profitability of the initiative can be identified.   These are micro – credits of 20 thousand euro at zero interest rates repayable up to a maximum of …

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Sale of the fifth

Among the loans made through the sale of the fifth , it is a type of personal loan reserved for employees . The grant of the loan, granted by Deutsche Bank, provides for a special form of installment repayment through the sale within the limits of the fifth of the monthly salary or pension in favor of the lending institution for a maximum period of 120 months.   Without necessarily opening a bank or post office account, the Quinto Banco Posta can be amortized up to a maximum of 120 monthly installments. In order to be able to obtain the …

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New Consumer Credit

Thanks to the directive 2008/48 on consumer credit , implemented by the Government at its meeting on July 30th, Italian consumers will have new rights when taking out loans. The reform, which will come into force in 2011, after the issuance of secondary regulations by the Bank of Italy and the Interministerial Credit and Savings Committee, will force intermediaries to incorporate their contents within 90 days of the implementation of the implementing regulations. The scope of the reform concerns all the contracts stipulated for consumer credit and therefore the finalized loans , personal loans , from the transfer of the …

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