Opportunities for unemployed loan without guarantor

 

Opportunities for an unemployed loan without guarantor

Opportunities for an unemployed loan without guarantor

We know that for those who have no demonstrable income or valid guarantees it is very difficult to obtain a loan, even more so if you are unemployed. Yet there is a type of loan without guarantor that seems designed specifically for those who have lost their job but need immediate liquidity. Let’s talk about the loans that have been loaned, the ideal, even with all the necessary precautions, if you do not have a regular payslip or if you have already ended up on the list of bad payers.

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Circumstances that in theory should inhibit normal access to credit.

Loans with bills of exchange are personal loans that are repaid, in fact, through bills of exchange to be paid monthly at maturity. They are granted with greater flexibility than standard loans because the bills signed by the debtor allow the lenders (generally financial and private, rarely the banks) to return more easily and more quickly in possession of the money lent should the need arise.

The amounts of these loans for unemployed people in general are not very high (from 2,500 to 15,000 euros, but the figures may vary) and also the amortization plan does not exceed 5 years. To request them, it is often sufficient to present a copy of the TFR and possibly the last CUD. Sometimes the finance company can ask for a life insurance to be taken out.

However, there may be more delicate cases (or rather a very lame income and credit history) that require the presence of a guarantor ready to pay the amortization of the installments in case of insolvency on the part of the holder. It goes without saying that this would no longer be a question of loans without guarantor, but of simple loans that have been loaned or unemployed.

However, it must be said that, despite all the advantages that undeniably exist, this financial product must be taken with pliers for two fundamental reasons: the first concerns costs, given that interest and additional fees are higher than usual. But above all, loans must be used only if you are sure that the installments are due, because in the event of insolvency, the debtor immediately risks a procedure for the seizure of the assets, in addition to debiting the default interest and the expenses for the protest.

In fact, if the payment of even one installment within the established terms is not respected, the lender does not need to obtain an injunction from the court to recover his credit, as bills are sufficient.

Loan estimate of 10000 euros

Loan estimate of 10000 euros

 

Financial: Simple Loan
Product: Personal Loan
TAN Fixed: 4.25%
APR: 4.44%
Loan duration: 60 months
Amount Financed: € 10,000
Total due: € 11.117

Monthly installment € 185, 28 Feasibility check 

Financial: Mago
Product: Personal Loan
TAN Fixed: 5.16%
APR: 6.70%
Loan duration: 60 months
Amount Financed: € 10.146
Total due: € 11.735

Monthly installment € 193, 19 Feasibility check 

Financial: Rindomestic
Product: “Your Projects” Credit
TAN Fixed: 6.01%
APR: 6.18%
Loan duration: 60 months
Amount Financed: € 10,000
Total due: € 11.602