What are targeted loans?
The finalized loan is a type of consumer credit line that a lender provides to individuals and businesses. One of the peculiarities of the finalized loan is the fact that it can be requested directly from a store and is related to the purchase made.
When requesting a finalized loan, a certain amount is not obtained from the bank, but instead of supporting the purchase in cash, the customer pays the amount corresponding to the purchased good or service in installments.
If, for example, you buy furniture, the furniture store will provide a installment solution and instruct the practice by collecting useful data. And if the application is accepted, it is always the shop that achieves the amount financed. At the end of the request process, the customer will only have to collect the good and pay it in installments.
What are targeted loans: what are the loan delivery times?
As far as loan processing times are concerned, we usually have very low expectations, among the shortest in the field of financial products. The process of evaluating applications can be longer if it is a question of financing with rather high amounts. Usually the payment is monthly.
As regards the lenders, they can be represented by financial companies operating in the consumer credit sector. Distribution is entrusted to merchants, or the sellers of goods and services that ensure customers the opportunity to pay in installments.
The application for a non-finalized personal loan constitutes a very valid alternative to obtaining access to credit without the need to present an expense voucher.
This means that the applicant has the possibility to use the amount received as he prefers, assigning it to purposes that can range from the purchase of a car, to the financing of university expenses, up to the purchase of an appliance.
Personal loan: here are the different types
The non-finalized personal loan is a formula for accessing credit that includes different types of product. Among the most common it is possible to remember the loan against the transfer of a fifth of the salary or pension. How does it work? By monthly reduction of the fifth part of the paycheck or the pension check.
The loan against assignment of the fifth is a very advantageous option both for the convenience of the repayment, and for the accessibility also by protesters or bad payers.
The product in question is characterized by a maximum amortization plan of 120 months and by the application of a fixed rate always lower than the anti-usury threshold.
Non-finalized personal loan: what to know about loans changed
Among the types of non-finalized personal loan, it is also possible to mention the changeable loans. What is it about? Access to credit formulas that are based on the repayment of bills of exchange, debt securities convertible into cash, within a certain expiration date.
Loans exchanged, just like the loan against assignment of the fifth, can also be requested in the case of registration in the databases of protesters and bad payers.
Personal loans: the requirements for access to credit
What are the requirements for accessing credit with a non-finalized personal loan? The presentation of an identity document and one certifying the receipt of an income.
In this case it is necessary to open a short parenthesis, remembering that some realities allow you to request them without the need to present a paycheck, but with the possibility of referring to documents such as the CUD and the UNIQUE model for freelancers.
Astro Finance non-finalized personal loans: the advantages of flexible products
When it comes to non-finalized personal loans, it is good to remember the possibility of choosing flexible products, such as the Astro Finance loan. How does this credit access formula work? First of all, we remind you of the possibility of requesting access to credit directly online, by uploading identity documents and those certifying the receipt of income on the official financial website (you can choose between a paycheck, a SINGLE model, a CUD).
This loan, against the regular payment of at least 3 installments, allows you to take advantage of additional options regarding the possibility of temporarily blocking payments in the event of economic difficulties, but also of changing the amount of the monthly installment, with obvious consequences on the duration. of the depreciation plan.