What is the procedure to follow to obtain personal loans? Are there options and which ones are the most advantageous to get the loan?
With this guide on how to get a sum of money from this group, we will see all the steps to follow and also give some interesting little tips.
How to get a loan
Allows you to have a loan to solve your problems or to make some purchases by choosing the best option for you.
Banco The group does not want to obtain loans online but gives the opportunity to request a quote online in a short time. To calculate the monthly payment, it is sufficient to make the online estimate by entering your data, the amount you need and the number of installments in which you will decide to be able to repay the loan.
The data must be entered in the appropriate form. We remind you that the quote is free and is in no way binding for the loan request.
With the online quote you can also easily get an idea about the amount of the total expense and also the monthly cost of the installments to be paid. It also allows you to orient yourself about the repayment duration .
However, remember that the longer the repayment terms increase, the lower the monthly payment will be, but in this case the interest will go up. For this reason it is convenient to evaluate the duration of the installments in order not to lose too much money for interest.
Allows you to choose between different types of financing, namely short and medium-long term. The short-term loan from 2000 up to 30000 euros, has a duration starting from 19 up to 120 months for the repayment of the amount.
Medium / long- term loans can be at a fixed rate or at a variable rate and can be repaid even after 18 months. They allow for forms of debt repayment. The bank also allows companies to have contributions from the Energy Account for photovoltaics.
To find out what the characteristics of a loan with Banco di Sardegna are, we recommend asking for an appointment at a branch to avoid unexpected surprises and to know all the details on the loan.
The necessary guarantees for the loan
For each loan there is an obligation to give the bank guarantees that must also be provided by those who are on the list of bad payers or even by those who have been protested.
The guarantees to apply for a loan with Banco di Sardegna are:
- The pension : a useful guarantee but which can affect both the duration and the total number of installments to be repaid. Rates and durations may change depending on the age of the applicant;
- The pay slip : it is a solid guarantee that generally gives access to the loan quickly and at advantageous rates;
- The guarantee of a third party : the third party must be able to act as a guarantee. The guarantor can be a parent, or a friend or even a relative. The third party can become the loan manager instead of the first applicant;
- Salary- backed loans: this is a method that generally allows those who have been protested or those who are on the bad payers list to request a loan. With the assignment of the fifth the sum will be withheld directly from the salary or from the pension and you can even get advantageous rates .
What do you need to get the loan?
To obtain a loan with Banco di Sardegna it is mandatory to provide the bank with a loan request:
- The valid identity document;
- Payroll or pension or the last tax return (valid for self-employed workers).
Anyone who has been protested or who is on the list of bad payers must still carry these documents. No further documents are needed, the bank will take care of the rest.
For the loan in the branch the person in charge will indicate the waiting times to be able to get the loan on the account.
We remind you that each case is different and that waiting times may vary and the same applies to the interest payable.
To find out what the monthly interest rate will be, you can use the online quote. If you prefer, the estimate can also be requested at the branch. In no case the quote is binding.
With the estimate you can know both the TAN and the APR of the requested loan. The TAN is the interest rate, while the APR is the synthetic total cost of the loan.
The APR shows the cost of the commissions to be paid to request the loan with Banco di Sardegna. Checking the TAN and the APR is advisable to choose the most convenient rates. A search can also help save on interest.
Opportunities for protested individuals
Not in all cases the banks allow you to have loans if you have been protested or if you are on the list of bad payers. There is only one way to tell if Banco di Sardegna allows the loan in these cases.
It is necessary to ask a representative in a branch that will assess the situation and decide whether to continue with the practice.
The salary-back assignment is generally a way to give an extra guarantee to get the loan. With the assignment of the fifth, it is also possible to obtain plans to repay the amount up to 10 years and advantageous interest rates.
Loans for temporary workers
The allows temporary workers to apply for a loan, but to get it, the number of installments to be paid must in no way exceed the contract months that remain.
The other conditions to be respected are the same as for permanent workers.