In recent years, the number of Italians who have opted for an online loan as a tool to access extra liquidity has shown a marked increase. From the point of view of the financial institution that disburses the requested sum, there are a series of assessments to be made upstream in reference to the reliability of those who choose online loans to obtain a certain amount, necessary for the achievement of a dream or for the achievement of a goal.
Banks and financial companies are not inclined to expose themselves to risk and when they grant a loan online , they want to be sure that the amount lent can come back to them with interest. Although online loans are a more immediate tool for accessing credit than traditional loans, the criteria for accessing the desired credit have become decidedly more rigid compared to those of a few years ago. The fact is that around the world of online loans there are a series of false beliefs that should never be taken into consideration. Therefore , here are 7 myths to dispel about online loans .
1 – I don’t want to be in debt to banks or financial companies!
The credit institutions, needless to deny it, earn from the granting of a loan . However, this is a full-fledged business. Lawful and transparent in costs, put in black and white in the contract. Thanks to the loans, many users have been able to count on additional liquidity that they did not have and, years later, they have fulfilled their long cherished dream. A question of perspectives, therefore.
2 – If you have obtained a loan, you will have to pay a double amount to the person who granted it to you
Among the many false myths that circulate around the world of online loans , the one concerning interest is one of the most debated, especially in the world of the internet. Interests are considered a real bogeyman. And yet, rates are not as high as in this period, if we compare them to the past. There are also special conventions , such as the one dedicated to INPS pensioners or public employees (NoiPA) . In these cases, cost transparency is maximum .
3 – If you already have current online loans, it is impossible to get a new one online!
The fact that you have already obtained a loan from a credit institution that you are repaying with an amortization plan, made up of monthly installments, does not in any way preclude you from making a new loan Proceed request online . Specifically, you can contact the same credit institution with which you defined the previous loan or get in touch with a different bank or financial institution.
There is a formula known as Debt Consolidation which consists in carrying out the consolidation of all the loans contracted and defining a single installment, even for a lower amount than the previous one, but which in terms of payment is extended over several years. The online salary assignment proves to be the solution characterized by greater comfort as regards the level of integration with debt consolidation. Renegotiating the current loan through the sale of a fifth of one’s salary net of income, is seen as a strategy in the name of practicality.
4 – If you have repaid the payment of a late installment, you will no longer be able to obtain a new loan
If in the past, you have paid an installment of a loan late or if you have not met a deadline , it does not mean at all that you cannot take advantage of an online loan . The reports are part of the past and generally do not affect the outcome of obtaining the desired loan. However, it is different if you, for your misfortune, ended up on the much-feared list of bad payers or protesters. In this case, you must have all the necessary guarantees to request and obtain the loan online. If not, things tend to get complicated.
However, this is not an insurmountable obstacle. If, for example, years ago you were protested, when you have a permanent employment contract with a public body or a public company or at an established, private company, you can always request the Cession of the Fifth online . With almost absolute certainty, the sum you are interested in will be paid to you smoothly or without you going through a long bureaucratic process. The underlying reason lies in the fact that, having certain income, the deduction from the pay slip takes place automatically. Therefore, there are no risks for those who grant you the sum you aspire to.
5 – If you have never made a loan, then you cannot be financed!
The credit history of the applicant cannot in any way be categorized as essential to aiming for additional liquidity. If, in relation to the online loan application formulation , a credit institution were to dedicate sufficient time to monitor the credit history of each past loan, obtaining the desired sum would be a decidedly difficult thing. It is not utopian to say that it would be a losing battle. Which is why even that in question must necessarily be counted in false beliefs.
6 – Without a guarantor, obtaining loans online is not feasible
Very often, we read on the web that the presence of a guarantor, usually a relative or a trusted friend, is essential to obtain an online loan . Nothing could be further from the reality of the facts, given that it is not an absolute case study. The guarantor proves useful for the categories that would normally have evident difficulties in accessing credit: workers with precarious contracts, unemployed, housewives, elderly people with a low pension. In this case, whoever acts as guarantor takes on the responsibility of the entity that paid the requested amount, should he fail to pay the installments, as agreed in the contract.
The bank or the financial institution, in fact, protect themselves, not exposing themselves to the risk of insolvency. Those who have secure income, due to a permanent employment contract , or those who have a solid financial situation or even a pension higher than the minimum , has nothing to fear and does not need any guarantor . Think of the online salary assignment , the most widely used form among all online loans . In this case, the applicant gives up one fifth of his net salary, to repay the loan installments. All, of course, without calling into question any guarantor.
7 – If you do not have a home to mortgage, there are no prerequisites for obtaining loans online
As in the case of the guarantor, the mortgage is valid only for those who cannot count on secure income. In addition to the weaker groups as regards the traditional access to credit in the form of an online loan , paradoxically, the request for a mortgage on the home can be made by a bank to an entrepreneur or to a freelancer, such as a lawyer, a notary or an architect. .
The latter, although perhaps having a better financial situation if compared with that of a public employee or a private multinational, cannot count on certain income, guaranteed by the salary at the end of the month. This scenario, in fact, does not appear to be erga omnes at all. Far from it.
Conclusions
Getting a loan online is much easier than you may actually believe. Therefore, if you meet the necessary requirements to obtain the desired sum or would like to get some more clarification, then enter your personal data and contact information . Your online loan application will be meticulously evaluated and if successful, you will get all the necessary explanations.