Business and Marketing

Archive for the ‘Personal loan’ Category

With the economic crisis will be much affected were personal loans more than other types of financial products. The decrease was 10% instead of d to as home loans, the difficulties have prevented many Italians to borrow money for personal purpose such as the holidays, approaching Christmas, for gifts or treat you to a skiing holiday or a New Year abroad.

If you just cannot give up a holiday, we propose a method to compare different personal loans, based on Super money. You must, in fact, before applying for a loan, determine which solution is more convenient to our pockets. Suppose we have benchmarks as a personal loan are, of course, the amount of € 5 thousand repayable in 48 monthly installments by direct debit bank account, required by a permanent employee. Super money for you the first show better results, comparing them with advantages and disadvantages for each. In the case we examined, on equal terms there are proposed Fin domestic, Fiditalia and Barclays.

The first is intended to have all those aged between 18 and 75 years, with a rate of 127 Euros per month and an APR of 13.43%. The second also allows for the early repayment of debt, with a rate of 128 €. Finally, Barclays is a flexible personal loan, which does not even cost for opening a current account at a branch of the bank lender, the maximum APR is 14.16% and the cost includes insurance of 5% the amount paid. The art, however, amounted to 132 € easily repayable in monthly installments.

A personal loan is a type of financing is not finalized by which you get the loan of a certain sum of money to be used for personal purposes (the amount is paid in the contract without being given the purpose for which will be used). The amount borrowed must be returned according to an amortization schedule that also includes regular installment payment of interest (the interest rate remains fixed for the duration of the loan). The personal loan does not include the provision of collateral to protect the loan.
The personal loan belongs to the category of consumer credit is a loan not tied to the purchase of a product or service.

Who can apply for a personal loan?
The personal loan is intended only for consumers. It cannot be required from corporations or individuals who need a loan to fund its work.

Who can provide personal loans?
Personal loans can be provided by banks or finance companies registered with the Italian Exchange Office.

Amount of money may apply for a personal loan
the maximum amount that can be achieved with a personal loan is 31,000. There are also banks and financial institutions that provide small personal loans, are loans of small amount. Read the rest of this entry »