A delicate but at the same time common discourse since slipping on the repayment difficulties of a loan can happen to anyone, finding themselves enrolled on the black list as bad payers.
In some cases, the situation may face insurmountable and unexpected obstacles, even finding itself in the position of the protested, with very negative consequences:
- great difficulties in being able to use an account;
- many constraints;
- some completely precluded financial solutions.
Among the first, the finding of sources of “credit” that manage to give the right flexibility in the management of their finances, above all for the discrepancies that can occur between income and expenses.
There is no real loan for protesters, but there can be alternatives that can be used so as not to get stuck in front of the waste that, with the request for a normal loan, will not be missing.
What are the best loan alternatives for protests?
We must start from a clarification: the law does not say that the protested are not financeable subjects, but it is the banks that provide the loans starting from the assumption that whoever receives a loan must be reliable.
Reliability can only be reconstructed on credit history, so a person who has not proven himself capable of honoring his financial commitments cannot be considered as such. For this reason there are types of financing that will never be granted, while in other cases positive feedback can be obtained.
If what you are looking for is the certainty of a loan (because for example there is a specific urgency) then the safest alternatives are limited to two:
- the pledge loan;
- the assignment of the fifth.
Let’s start from the latter to see what are the limits and the possibilities of obtaining the delivery.
Loan for protesters and the assignment of the fifth: certain but only under certain conditions
The assignment of the fifth (both salary and pension) falls into the category of personal loans, which require no further guarantees other than the solidity of the income of employees or pensions. In fact, those who finance do not care if the applicant is a bad payer or a protested.
The operation of the assignment provides that the person benefiting from the loan does not deal directly with its repayment, but it is the employer or the social security institution that withholds the installment upstream provides for the monthly repayment. In this way the aspect of reliability is overcome.
So if a request for assignment of the fifth is refused, the reasons are different, starting from the lack of one of the required objective and subjective requirements. In this regard, it may be useful to refer to the comparators who will allow you to compare several proposals or contact specialized structures such as Mr. Loan.
Loan for protesters and loan on pawn: immediate and open to all
The even simpler loan alternative for protestors is found with pawn loans, which require no evaluation other than the attribution of the value of the asset that is given as collateral.
If we have an asset that can have a certain commercial value (such as jewelry, rugs, paintings, etc.) we can contact a specialized pawn shop, or one of the banks that offers this type of service.
Not all the branches of a bank that provides the loan on pledge are authorized to grant it, but it is necessary to turn to those that are equipped with rooms suitable for the safekeeping of assets.
So once you choose who to turn to, you will have to bring the good to evaluate it. A percentage will be applied to the value assessed which will determine the maximum amount that can be obtained (for example, a jewel is valued at 1000 USD but for the bank the loan will be 50% maximum, therefore a loan of 500 USD can be obtained).
If you accept the amount that is granted you sign a contract which lists:
- the interest charged by the bank ;
- the costs of keeping the property;
- the capital to be returned;
- the term of the loan.
On expiry, there are three possibilities:
- repay all the sum due and take back the asset;
- leave the asset to the bank without having to pay anything;
- ask for a renewal to have a few more months to repay the loan.