The creditor or creditor is the person or institution that issues money or some other kind of money to another person or institution with guarantee that the other party, or the debtor, will then return the credit in one payment or multiple payments and pay the loan in addition.

Interest payments by the issuer. Interest means that the debtor must also pay a percentage of the outstanding loan amount each time he makes a monthly payment. From a creditor side, a loan is a very good way of securing passive income if you have the free money to use to lend.

Creditors are usually wealthy entrepreneurs

Banks or non-bank creditors, but theoretically the creditor can be anyone and you can also be a creditor to your friend or family by lending money or some other valuables. Basically, creditors use the money as a lending tool, because the money is nowadays the main value of the economy and it can buy anything and sell anything (almost anything). With this interest, the creditor can earn money from the debtor just because he has lent him that money.

And then it would only be logical to charge such interest, because not only the creditor assumes the risk of lending money, because it can also not be repaid, but he could use that money in another way, but chose to lend it, and he is therefore entitled to compensation. 

To understand why a creditor wants to give credit

We can think about how these people or businesses have usually got these funds. Traditionally, businessmen have been working long hours to collect and earn all the money they own now, and after they have done it, they just didn’t want to spend or lose it. And certainly, They are also thinking about how to make extra money with as little work as possible, because it took a very long time to earn that money.

Then these people and their companies are then also profitable to give money to other people and institutions, and to receive interest there, because they will both gain profits and they will not have to make a special effort. Bank? And while the above is true for individual investors and private creditors, banks are quite different and their business model is also different.

Banks usually borrow money themselves

For example, from the central bank of the country to a lower interest rate than the money is then given to debtors. And by issuing huge amounts of money in this way, banks earn even when they charge a small amount of money. And then the banks also issue short-term loans, which are credit and consumer loans, which then have much higher interest rates and which then make up a large part of any bank’s profit.

which gives them additional benefits. Where there is demand is supply and if people do not take quick loans, then such creditors would not exist, but today’s society has YOLO, or (You live once) culture, so we prefer to take credit and then pay instead of to save and then buy what it really should be.

How to obtain a mortgage loan? A question that unfortunately, given the economic situation, arises in many. Let us try to give an answer today.
Obtaining a Mortgage Life Loan is for many, nowadays, the only possibility of accessing credit, especially if you are at an advanced age. In this post, we will give all possible useful information to answer the question on how to obtain a Mortgage Life Loan, analyzing the requirements, the institutions operating in this sector and the different possibilities that this form of financing opens up.
Obviously, for those who do not have enough information on this form of financing, before explaining how to obtain a Mortgage Life Loan, we recommend reading this post.

How to obtain a mortgage loan? The requirements and the amount obtainable

To tell the truth, there are not many requirements to obtain a Mortgage Loan. In fact, to access this form of credit it is sufficient to be over sixty years of age and to own a property.
With a Mortgage Life Loan it is possible to obtain a sum equal to 10% of the property value for the 60-year-olds, 20% for the seventy years, 40% for the eighties, and up to 50% for the nineties. In short, these are very interesting figures.
Generally, this form of credit provides a maximum loan of 300,000 euros, and in any case never more than 350000 euros.

How to obtain a mortgage loan? Institutes and requests

One of the main difficulties to understand when asking how to obtain a Mortgage Life Loan is that relating to the lenders. In fact, although this form of credit has entered Italy for several years, Italian banks are reluctant to grant this form of financing, also because for some years the value of real estate is literally collapsing.
And then how to get a Mortgage Loan? Simply arm yourself with patience, and literally beat any lending institution, hoping that their grids show a well-defined feasibility. Once the provider has been found, a formal request will be made.
Generally, to obtain a Mortgage Life Loan, the following documents are required: Copy of identity document, Fiscal Code, Contextual Certificate, Family Status, Preliminary Notary Report or Provenance and Expert Statement.
From the moment of the request to obtain a Mortgage Life Loan, a few weeks or a few months may pass until the actual disbursement, depending on the length of the steps that follow.

How to obtain a mortgage loan? Contract and provision

The annuity loan contract is the document defining the conditions stipulated between the credit institution and the owner of the mortgage loan.
With the signing of the contract before a notary, the mortgage on the building is registered and at the same time the requested sum is obtained (obtained).
From this moment, the contractor who has succeeded in obtaining a Mortgage Life Loan can decide whether to repay his debt by installments, or bequeath to his posterity debt and mortgaged property. In the latter case, upon the death of the contractor, the heirs may redeem the property by paying debt and interest, or sell the property, pay debt and interest and divide any difference.

Fast loan issuers have agreed and have mostly agreed on common conditions that do not allow young people aged 18 and 19 to receive short-term loans. Most people of this age are students or students who should not need such loans.

Getting a credit at age 18 is not too difficult

There are lenders who are willing to make commitments to clients of this age. At the age of 18, only credits that require a pledge or guarantor are available. Banks offer mortgage loans, study and student loans, as well as an investment loan, which is useful when money is needed for business. The non-bank lenders sector, in turn, offers loans against collateral real estate or loans against collateral car.

This means that there is a big chance that you will need some property to offer to the lender as collateral to borrow money. Just getting a credit in 18 years is if it’s not too complicated. But what if I had to do this in the past and have problems with the lender due to different circumstances? Poor credit history means an irrecoverable record in the Credit Register and other databases that show that the borrower has had problems with repaying the previous loans. Such a message is likely to cause the credit issuer to reject the loan request.

The loan issuer cannot be sure that the loan will be repaid in time

And will not want to risk its own funds. If this record of bad credit history has been just a coincidence and the customer is able to repay the loan on time? In that case, the creditor should be contacted a little more in order to tell his / her situation and prove his / her solvency.

Sometimes, company experts, when evaluating loan applications, tend to contact customers and get more information about the various uncertainties. In the worst case scenario, when all lenders refuse to grant a loan, it is possible to go to the pawnshop.

Although there is a need for collateral

The loan will be available from the age of 18 with bad credit history as no one is interested in pawn shops. I tend to contact customers and get more information about the various uncertainties. In the worst case scenario, when all lenders refuse to grant a loan, it is possible to go to the pawnshop.

Although there is a need for collateral, the loan will be available from the age of 18 with bad credit history, as no one is interested in pawn shops.

I tend to contact customers and get more information about the various uncertainties. In the worst case scenario, when all lenders refuse to grant a loan, it is possible to go to the pawnshop. Although there is a need for collateral, the loan will be available from the age of 18 with bad credit history, as no one is interested in pawn shops.

Good Finance and Good Credit have reached a collaboration agreement to market consumer loans from the financial institution in a simple and agile way, from any mobile application, at any time and through a personalized process, within our objective to offer the best experience to client.

Through the app and according to FinScore, users will be offered, whether they are customers or not, the possibility of obtaining financing, without having to carry out previous procedures and from any mobile device.

If you still do not know Finscore, it is an index that determines the credit profile of each person, assigning a score between zero and 900 points and is calculated from the analysis of more than 160 variables that assesses the financial history of each case.

The financial institution expands its customer relationship

Through this agreement of Good Finance with a fintech reference such as Good Credit, the financial institution expands its customer relationship channels to improve its experience. In fact, this alliance is the first one signed by Good Finance with a fintech and acquires special relevance because it allows formalizing the entire loan contracting flow from an external platform or marketplace. In addition, it represents a boost for the growth strategy established in its Business Plan.

Likewise, with this agreement, Good Finance advances in its Transformation Plan and continues to adapt to the new technological scenarios of the financial system, influencing the creation of collaborative digital ecosystems, innovation and alliance with fintechs, in order to increase this way. the offer of both physical and digital services.

After accumulating six years in the market, our app has managed to position itself through Good Credit Loans as the first independent loan platform, which to date has processed loans to more than 15,000 users, with a total volume exceeding 60 million euros.

Good Finance and Good Credit

Good Finance, the seventh bank by market capitalization, is characterized by its solvency and financial soundness, its orientation to retail and proximity banking, and links with the territories of origin, among which Andalusia and Castile and Leon stand out, in whose Markets is a leader, and with its traditional areas of activity, such as Castilla-La Mancha, Extremadura or Madrid.

Digitization strategy within the framework of its Business Plan

The financial institution has a digitization strategy within the framework of its Business Plan to offer and strengthen alternative channels that provide added value to the client, among which are greater flexibility and accessibility to the management of their accounts.

Also, in the process of digitization that Good Finance carries out, they highlight the enhancement of the functionalities of the ‘online’ channels, which are developed with advanced technologies, such as the implementation of the mobile payment service in shops or as access to the services of the mobile application, through biometric identification, in addition to the increase of specific products for digital channels.

Renting or buying an apartment can be a problem if there is no credit history. In fact, it is already good, because it means that a person has never had any credit obligations, so there have been no debts. However, if there is no credit history or bad credit history, the landlord or the apartment seller may not know how honestly and timely the monthly payments will be. Of course, this does not mean that it is immediately necessary to take a loan and repay it just to have a credit history. There are other ways to convince the owner of the apartment.

It often happens that the apartment is rented not by the apartment owner himself, but by a broker or a real estate company. If several apartment offers are found, then it is worthwhile to start with a real estate property that does not involve a third party. Larger chances for a person without a credit history of an apartment is to get directly from the owner.

When contacting the apartment owner immediately

It often happens that the apartment is rented just because the apartment owner simply loved it and had a nice conversation with it. To say so, there was a pleasant feeling that this was the right person. If, however, it is not possible to avoid the issue of credit history, especially in cases where a real estate company is involved, then you should try to turn the defect into an effect at first.

Nowadays, a lot of people have reached various credit obligations – quick loans, consumer loans, car loans – since they have reached adulthood, so it may seem strange that people from not having credit history. If the lessor indicates that it is not possible to assess the person due to a lack of credit history, then the tenant has only to point to another important aspect. If there is no credit history, there was no need to take a loan. It is therefore possible to conclude that if a person does not need credit then there are enough personal resources to buy, repair, etc. It just indicates that the person is more reliable and more likely to be paid in time.

Non-existent credit history

In addition, it is important to remember that non-existent credit history is always better than bad credit history. In cases where a person does not have a credit history, one of the ways to check whether it will be possible to make monthly payments is to know what the income situation is; this means that there must be a stable and regular source of income. A person who wants to get an apartment can also request a statement of income to make sure the rent is affordable. If the landlord sees that the tenant’s income is high enough and the rent is only 30% of the total income, then the lack of credit history will no longer seem important.

The most important thing for the landlord is to make sure that monthly payments are made; Similarly, the fact that there is no credit history (hence no existing credit obligation) also confirms that the tenant does not have to make other large monthly payments that may affect the rent payment. If the lessor’s lack of credit history seems to be a major drawback, the tenant can offer a variant that can give the apartment owner a greater sense of security that monthly payments will be made. Usually, it is necessary to pay a security fee in the new apartments before they are collected.

If you have no credit history and if your income level allows

you may be offered to pay a higher security fee, such as two more rentals. You can also agree that you will not have to pay rent over time or in the last two months – an additional security deposit will be used. Seeing such an offer, the apartment owner should understand that it is not worth worrying about the tenant’s solvency. Increasing the security fee by the tenant’s will definitely seem to be a noteworthy advantage for an honest apartment owner.

The absence of a credit history can, however, also cause enough problems, as a result of which it is not possible to persuade the owner in any way about renting an apartment. If it seems that this apartment is really the right one and it is not possible to find one or not, then one of the alternatives may be to find a member of the apartment. In addition, in this case, a person with credit history is needed, and still positive.

Nowadays, many people are looking for rooms for rent, so it will be possible to find a credit history that has not been damaged yet. If you can’t find anyone in your circle of friends and acquaintances, you should look for an unknown tenant. It may seem that such a variant is somewhat daunting or unsafe, but finding a new apartment member is mostly the beginning of a long and pleasant friendship.

The Italian economic crisis has strongly affected the world of work: many people found themselves, overnight, unemployed or in precarious and short-term jobs. The payday loan without a pay slip, in case you have dreams you want to make or projects to invest in, in this case it is a great way to unlock a stale situation: the main problem of requesting a loan is that you have to have a guarantee like a payroll, which is a safe method for the lender to recover the money in the event of non-payment. And here is the difficulty in requesting a payday loan without a pay slip. Basically, a standard loan works like this: a user turns to a credit institution, requests a loan of a specific amount that he is preparing to repay with a certain amount of a fixed amount. If the user, in any circumstance, fails to pay the loan installment within the set terms, then he will be deducted from the salary a sum reported in the signed contract. In short, a payday loan without a pay slip does not provide valid guarantees for the financial companies, so how to do it ?. As the best payday loan without a paycheck to be requested, we undoubtedly find loans repaid, mortgages, non-finalized loans and lastly the credit of revolving cards.

How to apply for a payday loan without a pay slip

Who does not have a pay slip, like an unemployed person or a housewife, but needs a payday loan, how can he do? Once it would have been practically impossible to even think of turning to a finance company, but today, given the times, things have changed. To obtain a payday loan without a pay slip the best solution is to use a guarantor, a person with all the characteristics that the applicant does not have: the guarantor can be anyone, a relative or a friend, and will be present in the contract as the one who he will take charge of the reimbursement of the provider in the event that the subscriber of the loan could not pay. This solution is also valid for bad payers or protesters who, in the absence of guarantors, will necessarily have to borrow money with a bill of exchange. In short, the guarantor is the simple, fast and effective solution to request a payday loan without a pay slip.

Other possibilities for payday loans without payroll?

If a guarantor is not available or if the interest rate conditions are not favorable, there is a solution offered by Pancorle: with the Post pay service, any Postepay prepaid card holder can apply for a payday loan without pay slip which can range from 750 to 1500 euros. In this case the installments will be monthly and vary between 15 and 20: despite the Taeg will vary according to the loan requested and the applicant, the good thing about this type of loan is the fact that the Tan remains fixed at 0%.

The payday loan without payroll was once unthinkable, but today it is no longer the case: the finance and the credit institutions have moved in favor of an increasingly precarious society, trying to meet all needs.

Christmas is currently the most commercial holiday, that is, during this holiday, most of the gifts and other things to celebrate this celebration are bought, such as all possible decorations (electronic light chains, Christmas tree decorations, candles, holiday wreaths, etc. ), dishes and drinks on a festive table.  often also festive costumes and other things for Christmas. Christmas is the time when the biggest spending is done.

Holidays are followed by holidays

Spending is also reinforced by the fact that these holidays last for three days and often longer if holidays are followed by holidays. Christmas is also a place to come with a gift, even a small but not empty hand, which means that any visit will increase your expenses. In such a spending period, everyone may have to face the fact that their personal funds are already exhausted, but the celebration and the associated spending are not over yet. Such a bad situation can be solved by a loan from someone, a bank or a non-bank lender.

Christmas is a traditional and well-known holiday that takes place at the same time of the year, so everyone is counting on some expenses and making financial savings. It is precisely for this reason that money that will run out of money will most likely be unplanned and urgent.

Such unexpected emergencies are eligible for quick credits

Which can be applied for at any time of the day through a special application via the Internet or text message, but can be received almost every day between 07:00 and 23:00.

What’s not important is that the loan to the claimant’s account is credited within 10 to 15 minutes from the moment the application is sent, so if you unexpectedly need to make a purchase, for example, buy a gift for a friend who has just invited you to Christmas lunch, but you no longer have your funds in your account, instant credit is the perfect solution.

The average loan amount is 50 – 500 EUR on average

average loan amount is 50 – 500 EUR on average” />

But its repayment term is on average 30 days or one month. If you need a higher amount of money with a longer repayment period, you can also apply for a consumer credit issued by all banks and a large part of non-bank creditors. However, in the case of consumer credit, your problem will not be resolved within 10 to 15 minutes, but will take a day or even a few days, as your credit history and creditworthiness, which are not paid special attention in the case of quick loans, will also be considered. Consumer credit in unexpected situations, however, will not be the most appropriate solution, but if you find your financial shortage short, a few days before the holiday, this is the right solution.In any case, evaluate your personal ability and financial ability to borrow the loan and return it in time and in full.

The honor loan is a particular form of financing created with the aim of helping young entrepreneurs, and not only. But how does an honor loan work today?
Before explaining how an honor loan works, a premise is a must. Although this form of financing was born with the aim of helping new businesses, these non-repayable loans have often been the subject of scams, and because of this scourge, non-repayable loans are almost completely extinguished. So how does an honor loan work today? Very differently. Apart from the fact that non-repayable loans are very rare, and almost always the result of European funds, operation has also changed. The lost fund is almost always around 40% of the amount requested, while the remaining part is lent to zero interest and with many constraints.

What is an honor loan?

To explain how an honor loan works, the first thing to do is to understand what it is. Introduced with Legislative Decree 21/4/2000 n. 185, non-repayable loans provide a series of contributions, aimed at the entire national territory, to facilitate the creation of small companies, both corporate and individually.
The facility is aimed at people who want to start a small business in the sectors of production of goods or services. To qualify for the subsidy, the half of the members who hold at least half of the shares in the company must have reached the age of majority on the date of the application. Furthermore, the non-employment status is required for the loan of honor at the time the application is lodged and the residence in the national territory for at least six months at the date of submission of the application.

How does an honor loan work? Eligible investments

One of the fundamental chapters to understand how an honor loan works concerns eligible investments. In general, the costs for equipment, plant, machinery and connections are recognized; but also intangible assets with multi-year utility and property renovation (10% of eligible investments).
The Legislative Decree 185/2000, relative to the loan of honor, admits to the contribution also a series of management expenses related to the first year of activities such as consumables, semi-finished and finished products, as well as other costs within the production process. Obviously they include utilities, rents for real estate, financial charges, insurance guarantees for assets financed.
When it comes to how an honor loan works, it must be remembered that for investment costs, Legislative Decree no. 185/2000 generally provides a mix of non-repayable contributions of about 50% and subsidized financing for the remaining 50% which covers all investment expenses.