Online payday loan direct lender -Sign up for a cash loan direct lenders only

The WDO Finance group from Latvia has experience in providing financial services in over 30 countries in Europe and North America. The Group uses the latest technologies from the fintech sector in its operations. The self-learning, intelligent credit rating system guarantees fair conditions for granting the loan.

WDO Finance has been operating on the Polish market for three years and is still developing its activity. Many clients are satisfied with her services, who have often helped in crisis situations for free.


Sign up for a cash loan direct lenders only

To get a cash loan direct lenders available via, you have to meet only a few conditions. It should be from 20 to 70 years old, have an ID card, bank account, be a Polish citizen and not appear as a debtor in only three databases: BIG infomonitor, ERIF and the National Debt Register.


Only three steps are enough to take the loan


Three simple steps are enough to get a loan from WDO. First, select the amount from PLN 300 to 5,000 on the sliders and the repayment time from 10 to 30 days. Click ‘submit application’ and fill in the form, then confirm the bank account number by the instantor service or a one-way transfer.

Congratulations! All that remains is to wait for WDO to analyze the application. It should take only a few minutes, and you will be informed in a way that you choose. If you pass the verification process, the money will appear on your account soon.


The loyalty program pays off

In the business of loans, a reliable and timely customer is invaluable, and correct repayment of the obligation is an easy profit for both parties. That’s why WDO has prepared a great loyalty program for honest borrowers.

If we correctly pay three liabilities, we will receive a discount offer for the loan commission. It can reach up to 50%, which will make the WDO loan virtually unrivaled. In addition, you can even borrow up to 5,000 zlotys from the second loan. After the first successful repayment, we also get personal customer service by phone.


Additional benefits of a WDO loan

The loyalty program and excellent loan terms are not the only benefits that WDO offers. See what else is attractive in their offer.

  • You can refinance the loan for 14 or 30 days. This is an emergency solution, we will avoid criminal penalties and debt collection in this way.
  • The company sometimes runs contests for customers. Recently, two Samsung S9 and Ipad Pro could be won in exchange for inventing an advertising slogan.
  • Under Polish law, you can repay the loan ahead of schedule. The cost of the loan will then be reduced by the unused repayment period.
  • It is not necessary to have a regular source of income to take out a loan. The intelligent system individually evaluates creditworthiness based on complex factors.

Only a matter of time? Short Term Loan with Bitcoins?

After much discussion and debate, the Federal Ministry of Finance has decided to allow Bitcoins as official means of payment in Germany. This could open up new paths in the credit market in the future as well.
Bitcoins are subject to tax law and are therefore taxable. However, if the holder has at least 12 months in his possession, the tax is waived.

What are bitcoins?

Bitcoins are a digital currency that came on the market in 2009. It is subject to strict, highly complicated mathematical algorithms and is almost tamper-proof. Of course, what has been created by man can also be hacked by humans, but currently bitcoins are still considered the safest currency.


How are Bitcoins encrypted?

When a Bitcoin is created by mining, it receives a transaction number, simply number 1, which is stored in a database. Now the Bitcoin can be used for payments. If a user uses the bitcoin with the number 1 for a payment to book a room, for example, this bitcoin is transmitted. Now the algorithm is changed and the 1 becomes a 1/2.

The 2 stands in this case for another transaction. The bitcoin now has to be sent to the database with its modified algorithm and it is noted in the bitcoin signature that it is a registered bitcoin and was used for a transaction.

Bitcoins retain their value with this principle. This electronic signature corresponds approximately to the serial number of a bill. The difference to the bill is that the serial number can be changed with each transaction and the owner change of Bitcoin can be reconstructed at any time. In short, each transaction number, eg 1/2/346/59876, indicates another owner from the past.

What is Bitcoin Mining?

Bitcoin mining is the process of producing bitcoins using the computer. How it works? Here’s an example:
In the beginning, bitcoins were generated using the computing power of the computer’s CPU. So if a private computer of Peter Sauer in the Bitcoin network has provided computing capacity, this has gotten a Bitcoin for a certain time as a reward. His computer only has to solve a complicated mathematical task. How much computing power Peter had to provide for a Bitcoin was also prescribed mathematically. Today, graphics cards with high computing power are mainly used for mining. This means that Peter, who today is an ambitious 3D shooter fan and always uses the best graphics cards in his computer, can earn more bitcoins than 3 years ago.
Furthermore, CPUs are also being built today which consume less energy than graphics cards and can even accelerate Bitcoin “mines”. These CPU’s are more expensive to buy than good graphics cards but ultimately more lucrative. Nevertheless, the mining is still very expensive and time-consuming. Most miners (English miners) operate it only as a hobby. The really lucrative Bitcoin business is in trading with them. Where the risk, as on the stock market, is quite high, especially with this young currency.

Borrow and lend Bitcoins with short term loans

Trading with Bitcoins could be interesting in the future for punters, banks, which lend credits or become private P2P lenders.
Let’s say a lender buys 100 bitcoins to loan them. After a term of 12 months, he receives back 110 Bitcoins from the borrower. If he keeps the Bitcoins in his possession for another 12 months, any taxes will be deducted and his profits will not be reduced. Thus, the lender has earned after 24 months 10 Bitcoins tax-free. Calculating this in higher amounts, this could be extremely lucrative in the millions.
It gets even more interesting with short-term loans, where the waiting times for the lender are not as long as with conventional loans. The online loan will be refunded within 30 or 60 days. Save 12 months and wait again and the profit is tax-free. Here it takes a maximum of 14 months until the profit distribution.
Sure, it will not be long before there are laws that make such transactions taxable, but in the near future, it will bring some small rewards to some traders.

The value of bitcoins stabilizes after 6 months

Bitcoins are currently traded like foreign exchange and are still subject to strong fluctuations. If a Bitcoin was still worth 25 euros in February 2013, there was a high of 133 euros per Bitcoin in April. After this high came a rapid fall in price, but finally despite the ups and downs a good profit for investors in May 2013 to 84 euros. This value has remained relatively stable until today. Investors who bought bitcoins in February 2013 have been able to make a profit of 60 euros per Bitcoin to date. Now it remains to be seen how it will look until the end of the year to make further forecasts for the business with the money and whether a short-term loan will become a clever tax-saving method in the future.

Loans without payroll 2019: requirements and rates

The popularity of Bank is increasing, the bank that evaluates loans without payroll, albeit obviously under certain conditions. So let’s see how to get them.

Loans without payroll Bank: requirements and information

Requesting a loan from a banking institution is an important step and it is not always possible to find the type of financing suited to your personal needs; in fact, there are many guarantees to ensure the complete solvency of the debt that is being made, and therefore sometimes it is necessary to disentangle the various budgets that are consulted before signing the agreement. The company can naturally become even more difficult if one intends to request loans from a credit institution, without having a payslip ; in this case, in fact, one of the main guarantees required by the bank itself is missing. Despite this, however, we must not despair because there may be suitable solutions even in similar situations, and in this regard Bank could have the right budget for such a case. In fact, this bank is able to take into consideration other conditions that will replace the payroll, and the loan request will then have to be examined by an investigation and then be in the approved case. Therefore, there must first of all be basic requisites that must be respected as a starting point for the loan negotiation with Bank, even without a payslip, and would be first of all Italian citizenship or in any case you must be in possession of a residence permit valid, with residence in Italy for at least one year.

Then the age must be between a minimum of 18 years and a maximum of 70 years, and you should be in possession of an income that is adequate to the amount of the loan that you are going to request, starting therefore from a good credit position Basic. These are in fact the requisites necessary to request a personal loan that allows you to achieve your goals and your needs, from which you cannot escape; in addition, the loan disbursement sum also includes limits, including time limits. In fact it starts from a minimum of 2,000 euros to reach a maximum of 60,000 euros, to be repaid within a minimum period of 12 months up to the maximum allowed of 120 months. However, we have seen how in some cases it is not possible to prove that you have an income certificate, because you are without a paycheck (in the case, therefore, that you have no salary or pension) and therefore that one of the main conditions for loan disbursement. How to move then? Can you get at least small loans even without payroll ? With Bank it is possible, let’s see how to get them. An indispensable condition is the presentation of a third person, that is the personal guarantor, whose position will be evaluated in depth to access the granting of the loan, also because it is a fundamental figure since he will be responsible for the repayment of the debt in the in which case the principal recipient proves to be in default, despite the request made.

Bank: personal loans without payslip with guarantor

The guarantor is therefore the key figure in obtaining a personal loan without a payslip when presenting to Bank. In some cases, however, the presence of unverifiable receipts on the payslip is also positively assessed, but they include current account movements. Both are valid conditions for a small loan, but the presentation of a good guarantor is still fundamental. In fact, he must not have a negative credit record and must not be the first to subscribe to the loans in place that go beyond 50 percent of his total income. Obviously we are talking about small figures, not comparable to the higher ones provided for a classic personal loan, but they are especially useful for young people who have no income, such as students, who in this way can have access to letterheads, provided that there is always the signature of the parents or guardian, as a guarantee. Obviously the central point of the question is that when it is not possible to prove that it has periodic revenues, guaranteed by a paycheck, the credit institution evaluates the loan as more risky, because the client in question, at least at a theoretical level, is more led to insolvency than others. Increasing this risk, therefore, also increases the interest rate that the bank will demand from the applicant.

We have seen how for a classic personal loan the maximum amount that is paid in the loan is around 60,000 euros ; in this case instead we talk about much smaller figures, which can reach a maximum of about 5,000 euros in total. Furthermore, as already mentioned, we are talking about operations considered more risky than others, so be careful when evaluating the budget or when talking to the financial intermediary, about the interest rate that is applied, that is to say about Tan and Taeg present in the contracts that will be proposed to you. However, there are also other ways to apply for a loan without a payslip, which do not include the presentation of a guarantor ; the repayment of the loan can in fact also be made through the mortgage on a property owned, if you were not able to prove that you received an income. Or, finally, for all those who cannot bring other guarantees in exchange, they could count on a loan without a fixed-rate payslip : in this case the installments to be paid necessary to resolve the debt, would be reimbursed through bills of exchange.

How to apply for a loan without a payslip to Bank and other proposed loans

The loan without payroll is therefore to be considered a small reproduction as regards the personal loan proposed by Bank ; the figures are different and also the interest rate, but the principle at the end is the same, and moreover, already with the official website of Bank you will be able to access a first estimate that converges on the conditions that are deemed most preferable, such as the duration of the loan or the amount to be divided into installments. However Bank also offers other types of loans, which meet the most diverse needs, from employees to retirees. The main types, in addition to the personal loans that we have already discussed, include for example the salary assignment : a type of loan that provides for the withholding in payroll or pension of no more than a fifth of what is perceived, with a repayment which can be deferred up to a maximum of 120 months. Going to any branch of Bank you can get more information on the management of this type of loan and you will be able to access it even if you have previously had bank problems. Then there are situations in which instead other types of loan have already been subscribed and instead we would like to summarize everything in a single installment; in this case Bank proposes the Debt Consolidation Loan formula.

This is a type of financing that allows you to get to have more liquidity, so as to allow you to pay off your debts once and get to have a single installment to be paid at the end of the month, avoiding unnecessary and incidental expenses linked to the payment of multiple monthly installments. Finally, in the event that you need to get an additional sum compared to the one agreed upon in the loan that is already in progress, then Bank offers you the Loan with delegation, that is the possibility of having additional liquidity available in the case where you need it. For example, if a type of loan, such as a salary-backed loan, has previously been subscribed, you can combine this with this Loan with delegation, once you have agreed to settle it with monthly fixed- rate installments. In this way, the total amount of the two monthly installments to be paid will be added, ie both the Fifth Loan and the Loan with Delegation, which however will not exceed the maximum quota of two fifths of the salary or pension. As regards the period of extinction of the two agreed debts, a maximum of 120 months of installment payment can be reached. Moreover, even in this case, it will be possible to access the Loan with delegation without problems, even having in the past had difficulties relating to previous bank mishaps. For all clarifications, in addition to going to the branches of Bank, just look at the official website to find out more about the financing proposal you need.

Since how many years give a car loan

At the age of 18 coming of age. From this moment on, a person acquires full legal capacity, he has full-fledged rights and obligations of a citizen of his country. Adult age implies the fact that anyone can take on credit obligations. And since, in most cases, owning a car is a goal for many young men and women entering the adult life, this raises the question: from what age do they give a car loan?

The banks have their own opinion on this. It would seem that can prevent a banking organization from giving a loan to an adult person? But the bank does not adhere to the formality of laws, such a financial institution trusts its experience and statistics more. In many banks, the minimum age for car loans is strictly regulated: young men – from 23 years old, girls – from 22. But this does not mean that at age 18 you will not approve car loans. So from what age do they give a loan and is it possible to take a car loan at the age of 18? This will be discussed today.

How does age affect the decision of the bank?

If you decide to purchase a car at the expense of credit funds, then you need to contact a bank specialist to form an application. The application can be submitted either through the department or online on the website, or directly through an employee, who may be located at an outlet in the car dealership.

The specialist after your application forms a request through the software, which automatically analyzes the data and gives an answer about the possibility of granting a loan. The age of the borrower plays a big role. As we have said, in many banks it is regulated and, if you do not fit the parameters, the bank will most likely refuse you.

But this does not mean that an 18-year-old man will not be able to buy a car through bank financing. And from the age of 18, you can take a car loan, because companies in this area are in a highly competitive environment, and this fact contributes to the fact that they have to lower the age bar to attract more customers. Therefore, there are banks that consider young customers individually and put forward a number of additional requirements:

  1. The presence of a guarantor from among relatives. At the same time, the guarantor himself must also be eligible for the loan processing.
  2. Having a military ID for a young man. Or another document that would confirm that the client will not be called up for military service.

Also, since the bank assumes additional risks, it can offer more stringent conditions under the contract than the average market offer:

  1. Increase the loan rate. On average, supply in the market is balanced in the region of 15-23%. Due to the increased risks, the bank offer may be up to 30% per annum.
  2. Make a compulsory registration of Casco.
  3. Suggest a short term contract. Usually, loans for cars are issued for up to 3-5 years.
  4. Limit the maximum amount. The loan amount depends largely on the income of the borrower. For those who are under 23 years old, they can limit the maximum amount to 500,000 rubles.
  5. Require increased down payment. On average, the down payment is 20%. It all depends on the tariffs and conditions of the loan agreement.

What documents are required?


With how many years give a car loan, we decided, and then what documents will be needed? The standard list of documents includes a passport and a second document to choose from: a driver’s license, passport and other identity documents. Also mandatory will be a military ID for guys. Since financial companies do not want to issue money to the category of borrowers that will not be available to them in the case of overdue debts.

You will need a copy of the workbook and income statement issued in the accounting department at the place of work. There are certain restrictions on seniority. Often this is the year of general experience and six months at the last place of work. Therefore, in any case, 18-year-old young people will have to first acquire an official place of work, and only then think about a loan. Although this question is also individual, the bank can give a loan to those who have not completed a year of official experience, but have a guarantor with an impeccable credit history and good income.

Other factors affecting the decision of the bank


Banking organizations are more loyal to the female sex. Based on statistics, representatives of the beautiful half of humanity are less likely to have overdue debts, are more responsible in meeting their obligations, and there are fewer cases under such contracts.

The presence of marriage will also be a positive factor. This is a definite indication that young people have a greater degree of responsibility and awareness. But full-time education at a university can adversely affect a bank’s decision, since, according to financial companies, this category of citizens does not have enough time for a stable and full-fledged salary.

Although it is also an individual question. And if there is a guarantor and, for example, a pledge that will cover the cost of the transaction, it is quite possible to receive financing.

What are the alternatives?


How to get a car loan, with how many years they give, we have already disassembled. But what if banks still refuse such a service? To do this, you can use a consumer loan. Consumer lending may be at a slightly lower maximum amount than a car loan, but in many banks it can be obtained from the age of 18. Such proposals are also from among the top banks and from among lesser-known companies.

Therefore, it is possible to accumulate part of the money independently, and use part of it by issuing a loan for cash. Proposals can reach up to 100,000 rubles at 20% for a period of up to 5 years.

Tips from the author


If you decide to draw up a loan agreement at such a young age, then you need to carefully weigh the pros and cons. A number of important factors must be taken into account:

  1. Financial confidence . As a rule, 18–20-year-old young people do not have adequate experience and qualifications. As a result, employment becomes temporary and unstable. By issuing a loan agreement, you are taking on financial obligations that somehow have to fulfill. Therefore, it is necessary to be confident in your own source of income throughout the term of the contract.
  2. Credit history. Since this is most likely the first loan, it will largely determine the future attitude of banks towards you. All repayment information is transferred to the National Bureau of Credit Histories. Banking organizations are working very closely with this structure. And if you allow delay, violate the terms of the contract, then in the future it may adversely affect the issuance of loans. All information in the NBKI is stored for at least 10 years, and, for example, deciding to issue a mortgage, you will receive a waiver due to a damaged credit history.
  3. Also, credit history can be used for their own purposes. Before a major transaction with the bank, you can get a small loan for a period of three months – six months, and successfully repay it, making payments according to the schedule. Thus, you will form a positive credit history, which will increase your chances for a further car loan.

I need money urgently. What I can do?

It is very likely that you have ever asked yourself the following question: I need money urgently, what can I do? And if that is your case right now, here is a brief list of solutions you can turn to, with some of its advantages and disadvantages.

Request an online microcredit

Request an online microcredit

We start with the solution that is probably the most advantageous in all respects: the online mini-credit. On the one hand, it is a precisely urgent, immediate remedy . In Humble Credit, all of them can be considered 24-hour credits, since it is the maximum period of management: if the request was sent before 3:00 pm, the money will be received on the night of that same day (a request sent on Saturday the afternoon could be received on Monday morning).

Another advantage is the simplicity of the procedure and the limited documentation required of the applicant. This means that practically anyone of legal age can benefit from one of these online microcredits, including those who are on the defaulter list as an ASNEF or who lack a payroll or an endorsement can apply for quick loans without endorsement .

Depends on how you look, the only drawback that can be attributed to this operation is the moderate amount that can be requested: a maximum of € 750 . But that limit is precisely what allows the process to be simple and unencumbered. And that is also what makes an immediate online credit a very suitable solution for unforeseen expenses , such as fines or delay in the collection of payroll, for example.

Ask for a bank loan

This can be the alternative to an online microcredit when more than € 750 is needed , since the amount can be negotiated with the bank or financial institution. Of course, perhaps we should stop considering them ‘urgent’, because this type of loans is far from immediate: every bank or financial company submits each operation to study, which means that the granting of the loan will be extended over time, from days to even several months.

In addition, in many cases the credit is not granted to the applicant, and this can be due to many reasons: you do not have the upper-middle income that the bank intends (high payrolls, permanent jobs and full time) or because The customer is present in a list of defaulters.

Use your own savings

It can be said that it is a conservative solution : resorting to own savings does not have to generate any setback, unless those savings are shared and the other owner does not agree. In any case, be that saving fruit of your effort, of an inheritance or of a prize, it is yours and you should be able to dispose of it as it seems to you.
Of course, it is not always a pleasant decision: those who save usually have a more or less defined savings plan. Any variation in that ‘roadmap’ is a mismatch of accounts from which it is not always easy to recover.
In spite of what has been said previously, it must be pointed out that, in some cases, you can not resort to them when you want. Or rather, ‘you should not’ resort to them. For example, in pension funds: these products, which many clients contract as a savings product, are in fact an investment product, since your bank or the company that manages your pension fund invests with your money in business at most. varied and to prevent capital flight, set penalizacione s important for those who want to withdraw the money early. Therefore, inform yourself well before making a decision.
Another common case are savings accounts, and withdrawing your money is not immediate either. I mean, it’s not like going to the cashier and taking out money. You have to carry out procedures online or in person, which are usually subject to approvals and in some cases can take several months.

Sell ​​jewelry or personal items

Sell ​​jewelry or personal items

With the crisis, pawnshops have become very popular among those who ask the question at the beginning: I need money urgently, what can I do? The system is simple: you go with your jewel, they give it to you and, if you accept, they buy it for you and they pay you at the moment. Disadvantages? The pawnshops are a business and, logically, they look for the maximum economic benefit: they will try to pay you as little as possible to have more profit margin when they sell it again. Another disadvantage, much less secondary, is that jewelery tend to be objects with a high sentimental value and to get rid of them is never a dish of good taste.

In a similar situation are the objects used : music instruments, household appliances, sports equipment and a long etcetera. They can be sold directly through the Internet or through second-hand specialized stores. The main drawback is that they depreciate a lot: what at the time cost € 200, perhaps now is worth no more than € 50, so the store will buy it at an even lower price to have benefit. And in many cases, those objects also have a very strong sentimental value. Also, in cases of direct sales on your part, the money is not immediate, because you must wait for an interested buyer to appear, which depends on many factors.

Therefore, of the four solutions to your question of ‘ I need urgent money, what can I do? ‘, the most recommended option is online microcredit . In any case, carefully analyze your situation and the other possibilities. Surely you give with the perfect remedy.

Mortgage loan without payroll: how to get it without income?

Among the various forms of loans without payroll made available by banks and financing companies (but not all by all) is the so-called mortgage loan. In reality it is a form of financing that has already existed for several years but has returned particularly in vogue in recent times. Requests for this particular form of loan have actually increased.

So let’s see specifically how to get the mortgage loan without payroll and therefore without having an income derived from work.

Mortgage loan without paycheck

The mortgage loan, also called an annuity, is a particular form of loan in which the loan is intended for individuals who are over 60 years of age and who own a residential property. It is also called life annuity in that it generally has a duration equal to the life of the applicant.

This is a lesser-known form of loan than traditional personal loans, but which in reality has been present for several years in the area of ​​loans in our country.

Born in Great Britain in 1999, the mortgage loan arrived in Italy in 2005 with the art. 11 quaterdecies of the decree law n. 203/2005. Subsequently, in 2015, changes were made to the law governing this form of financing. One of the main novelties concerned the lowering of the contractor’s age to 60 years.

Therefore, if the contracting party has been married or cohabiting more uxorio for at least 5 years in the mortgaged building, the loan contract must be signed by both members of the couple, provided however that the other partner is also 60 or older.

The mortgage loan is a form of long-term financing characterized by a first degree mortgage on the building in which the applicant resides. The duration of the loan generally coincides with the life of the subscriber. The value of the property is therefore established by an appraisal carried out by an expert appointed by the lender.

Given that the building as collateral for the loan is subject to a mortgage, it cannot be sold, is not subject to change, nor can it be rented. It is also mandatory to take out an insurance policy on the outbreak and the fire foreseen by the art. 2 paragraph 5 of the Decree. If, therefore, in the twelve months following the death of the contractor the heirs fail to repay the loan, they may lose ownership of the dwelling.

The creditor must therefore provide the customer with the amount and duration of the credit; the interest rate applied; the total amount to be reimbursed; the APR, or the overall cost of the financial transaction; any extra costs; the number of installments, the amount and time of disbursement; the costs of any early repayment.

An interesting aspect regarding the mortgage loan is the possibility of being able to obtain it even without owning a payslip. But how to do it? What will be the guarantee against the bank or the credit institution that provided the loan?

As is known, the payslip is that document which certifies the salary received monthly by a worker. Payroll is usually a fundamental guarantee when a loan is taken out. However in times increasingly characterized by precariousness it is highly probable that one is in the condition of needing a loan having no kind of contract. This is the reason why banks and financial companies have assumed a more flexible attitude in this regard than in the past.

Therefore the mortgage loan can be obtained even if you do not have a paycheck. This does not mean however that it is granted with ease and without any guarantee. In addition to the residence building, an annuity is also considered an additional guarantee, such as the payment of a rent by a tenant. In this case the loan installments can be calculated on the basis of the monthly rent of the rent received.

How to get a mortgage loan without income

Having explained the characteristic features of the mortgage loan, we have also seen that this is provided even without a payslip, therefore without a work contract. We try to understand even better how to get it without having an income, and what are the requirements to get it.

The mortgage loan without income is clearly a way to provide the loan to those who are unemployed, but they own a property. However, if it is true that some credit institutions and some banks grant it even in the absence of income, it is also true that they can request additional guarantees in addition to the building. For example, it may happen that the lenders of the loan also request sureties and guarantees from third parties as additional forms of guarantee.

Generally speaking, there are two solutions to obtaining a loan without having any income. The first solution is to offer a property as a guarantee whose value is higher than the sum requested. Another solution is instead the more classic one of inserting a guarantor who puts his payslip as a guarantee of payment. An additional possibility to obtain financing is the annuity, to which we have already mentioned. In the absence of these conditions it is difficult, if not impossible, for the financial companies or banks to provide the loan.

In principle, however, the property constitutes the main guarantee, even if from what we have seen it may not always represent the unique guarantee required by the party providing the loan. Therefore, as we have seen, the loan can be granted without income, but not easily and lightly, as it is necessary and always to possess the requisites.

Scheduled time for mortgage loans without payroll

The timing for obtaining this type of financing generally depends on the verification procedures carried out by the credit institution. The timing also depends on the property appraisal to establish the maximum value of the loan and always prepared by the credit institution. Generally the sum paid is never equal to that of the property value and, in principle, does not exceed 80%. Only in rare cases it reaches 100% when the borrower also offers other guarantees, such as a possible payslip.

Generally speaking, the mortgage loan is quite cheap for those who need to obtain loans of around 50,000 euros, with monthly installments and an amortization plan with an average duration of 5 to 25 years. However, it is also indicated when 30,000 euros are requested.

Below these figures it is almost always preferable to request a personal loan. The latter in fact does not provide the notary fees present instead with the mortgage loan. Furthermore, personal loans are usually granted in a shorter time. Think of the infamous loans granted within 48 hours, if not even 24. The mortgage loan generally has longer timescales, precisely because a property must be subject to appraisal.

Regarding the documentation, the documents necessary to obtain the mortgage loan, to be presented to the lender, are the certificates that attest to the ownership of the property, the identity card and the tax identification number of the applicant.

The mortgage loan is very similar to the traditional home loan. The element that unites them is in fact the mortgage on the house. In fact, when you buy a house, the bank provides the mortgage after having placed the mortgage on the borrowed building, which is usually twice the value of the house. The difference between the mortgage and the mortgage loan, however, lies in the fact that in the second case the value of the property constitutes the means by which to calculate the maximum sum payable for the loan.

Returning to the mortgage loan without a payslip in the event of insolvency on the part of the contractor, the banking and financial institutions intervene by appropriating the property. More precisely, the lender becomes the owner of the mortgaged property and can resell it to obtain the financed amount. The mortgage in fact limits the right of ownership to the point of causing its forfeiture if the failure to pay two consecutive installments occurs.

We also remind you that an asset can be burdened by multiple mortgages. In this case, each credit is given an order, which is called a grade. In the case of a forced sale, the proceeds must therefore satisfy the creditors according to their level.

If at the death of the beneficiary of the loan the debt has not been paid off, the bank or financial institution has the right to sell the property and the heirs can obtain the difference if the sale price is greater than the residual credit. If, on the other hand, the selling price does not suffice to pay off the borrower’s debt, the bank cannot claim anything from his heirs.

The heirs may also decide to redeem the property by paying the remaining credit to the bank or finance company with which the loan was established. Within 12 months of the death of the property owner the heirs must repay the loan or sell the house and turn over the sum to the creditor. If the sale by the heirs does not go through, the bank or the credit institution therefore has the right to sell the house. If the sale does not take place within two years of the owner’s death, the price is reduced by 15% every year until the house is sold. If the proceeds from the sale do not cover the credit, the lender cannot ask the heirs for more.

The life loan therefore presents a decidedly more complex mechanism than personal loan. If you have all the requisites required and are planning to evaluate it as you are in the condition of not having a payslip, it is worth considering several aspects. For these reasons it is therefore good to understand what the conditions and characteristics of the annuity loan are if you intend to subscribe it.

Mortgage loan interest rates without payroll

First of all we must take into account that in Italy this kind of loan has higher interest rates compared to those of other European countries where this form of financing has existed for much longer.

However, if the interest rates on the mortgage loan are compared with those on personal loans, the mortgage rates are lower as they are linked to the Euribor. The latter is a reference index calculated on a daily basis which determines the average interest rate in the Eurozone. The rate may therefore be fixed or variable, which means that the changes in the Euribor will follow.

Another little advantageous aspect of the life loan is the taxation because the property is not transferred to the bank. As a result, the owner of the home subject to a mortgage continues to pay property taxes on ownership.

To get an idea of ​​the mortgage loan in a more concrete way, you can use a simulator on the website. After filling out a form with your data, you can find the solutions best suited to your needs and compare the loan proposals of banks and credit institutions.

It should also be noted that the mortgage loan is not a service offered by all banks and credit institutions. Among the aspects that must be considered when applying for the mortgage loan, in addition to the high interest rates, are the costs of the notary whose fee will be calculated on the value of the mortgage registration. Only then after a careful evaluation will it be possible to consider applying for a mortgage loan.

In addition to giving the opportunity to request it without income or payroll, it is still a loan with numerous constraints. In addition to an expert consultant, you can still read the opinions of other users who have had the opportunity to subscribe to it. Furthermore, it is advisable to visit the websites of banks and credit institutions to find out whether they are providing the mortgage loan and to know the various conditions and characteristics of the loan.

Loans become more customer friendly

What sounded like a dream of the future for many homeowners with a more or less high level of building loan has meanwhile become a standard among many providers in the construction finance sector: homeownership financing is increasingly becoming more customer-friendly.

Credit institutions offer

This does not mean, of course, that interest rates have dropped to a new record level, but that gradually the conditions for the repayment of individual construction loans are changing.

Particularly in the area of ​​special repayments, there seems to be an increasing movement in the real estate credit market as more and more banks and credit institutions offer their clients the possibility of repaying loans for their own home in a highly unconventional way.

Available free of charge

The term special repayment describes nothing more than an “extra” of the loan. Especially self-employed with their fluctuating income or families who beckons an inheritance or have the additional capital left over from sales of securities, achieve a debt repayment much faster with a special repayment.

In the meantime, this option is available free of charge at several banks and there is no longer any prepayment penalty. Another novelty concerns the amount of the amortization rate.

Meanwhile, some banks have begun to allow their customers to make changes in this area. Of course, this performance brings advantages, especially when, for example, the next career jump for young and aspiring spouses in a family is a more or less lavish salary increase.

Faster repayment of the loan is the goal

How high the adjustment of the amortization rate will be in the end depends entirely on the financial conditions. It is particularly important at this point, however, that the change is only associated with very low costs for the borrower – after all, a faster repayment of the loan is the goal.

Get a Simulation for Your Personal Payday Loan

You have a project in mind but are not sure if you can do it? You can use an organization that offers personal payday loan simulations. Quick and efficient, these simulators will allow you to take stock of your financial situation and begin to project yourself to achieve your dreams.

Many people, when they have a project in mind, use a personal payday loan to make it happen. Indeed, if you do not have the necessary money to carry out your project, you can either postpone it and wait until you have the financial means.

Either to praise the object of your desire. However, this option is not ideal if your project was more about a trip or the remodeling of your kitchen. Either, and this is the option most preferred by many, subscribe to consumer credit.


What is consumer credit and how does it work?

consumer loan

Consumer credit is a loan granted by financial institutions to individuals. With some exceptions, consumer credit does not apply to companies. Sometimes consumer credit is subscribed directly to a point of sale. Regardless of the chosen consumer credit, the borrower will undertake to repay the monthly payments as well as the interest related to the underwriting of consumer credit.

The objective of consumer credit is to finance daily expenses: car purchase, travel, new cuisine, except real estate. These will require the use of home loans. It also does not concern professional expenses, but must be limited to the financing of private goods.

There are two broad categories of consumer credit: earmarked and unallocated.


What is an assigned credit?

As the name implies, the credit allocated is the purchase of a particular property. This type of credit requires the borrower to think carefully about his project and know exactly how he wants to use the money. Moreover, the credit allocated mentions the good or service concerned by the financing.

Its characteristic is that buying and selling are totally inseparable. Thus, if the sale is canceled, the contract is immediately null and void.

Some mentions must absolutely appear on the contract when you subscribe to an assigned credit. Among them, the identity of each of the parties (seller, lender and buyer), the selling price of the property concerned, the financing conditions (amount of monthly payments to repay, loan duration), the amount of the deposit and finally the total cost of credit, interest included.


Unallocated appropriations

money loan

As you can see, the unallocated credit is not tied to a particular purchase and allows the subscriber to enjoy the money as he or she wishes. The advantage of this type of credit is that it even makes it possible to finance unforeseen events. There are two main types of unallocated credit: personal payday loan and revolving credit.

The revolving credit is a credit that can be used when needed, in whole or in part. This credit is reconstituted as and when repayments and the capital becomes usable once it is repaid.

personal payday loan is the most preferred option for borrowers. It allows to finance all projects, even without input. In general, repayments range from 6 to 84 months depending on the amount borrowed. personal payday loan has the advantage of offering fixed conditions. Thus, the borrower knows exactly when the contract is signed what he will repay each month. It also offers interest rates often lower than for revolving loans for example.


personal payday loan simulation

Personal loan simulation

If you are more inclined to turn to a personal payday loan but are still unsure about your ability to repay the loan properly, do not hesitate to look at the simulation of personal payday loan. Almost all financial institutions now offer the online simulation service, which allows you to determine your type of project, the amount you plan to borrow, the desired duration, and so on.

In just a few clicks, you get a personal payday loan simulation and can see the interest rates on offer. Convenient and fast, the simulators of loans can compare financial institutions to select the one that will be most suitable for your project and that will offer the best offer.

The advantage of this type of procedure? Save you time by avoiding unnecessary trips to all banks and give you a first idea of ​​what you can claim. Of course, if the personal payday loan simulation is right for you and you decide to subscribe to a loan offer, it will be preferable to make an appointment at the bank chosen to finalize your project.