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Types of Financing and Loan Online Loans

By virtue of this premise it is good to know the main types of loans and loans, each of which is suitable for different purposes and for different applicants.

What are the most popular types of loans

What are the most popular types of loans

  • The finalized loan or consumer credit, financing for the purchase of goods and services. The classic example is the purchase of household appliances at commercial chains such as Euronics or Mediaword. The operator through an agreement with financial companies allows the purchase of the product by dividing the payment amount in monthly installments.
  • The personal loan, unlike the previous one, is a non-finalized loan, therefore it is not necessary to motivate the loan request and therefore the money obtained can be used for any reason. The amount will be credited to the bank account by bank transfer or cashier’s check and the installments can be paid by bank wire or postal slips. everyone can apply for a personal loan on condition that they can demonstrate income and that they are not registered as bad payers in the database.
  • The transfer of the fifth, also a non-finalized loan, is reserved for employees and retired workers only. This distinction derives from the fact that the monthly installment, maximum 1/5 of the remuneration, will be charged on a paycheck or pension. Excellent financing to obtain even high amounts and above all also suitable for protests and bad payers.
  • The delegation loan has the same mechanism as the transfer of the fifth but in this case it is reserved for employees only. It is possible to combine the delegation of payment with the assignment of the fifth in the event that the latter cannot be renewed or if greater liquidity is needed.
  • The lifetime mortgage loan is a type of loan reserved for property owners who are over 65 years old. Through mortgage on the house you will receive an amount without the need to pay any installment, upon the death of the owner the property can be redeemed by the heirs by paying off the debt or the bank will assert the mortgage by becoming its owner.

Need money now?

Need money now?

Applying for loans through capital lender is easy. An online loan application is sufficient to address both banks and private investors at a serious level. Of course, the borrower decides who gets the loan.

Our customer support team is fast and efficient to clear all your doubts regarding personal loan eligibility, procedures, offers, documentation and repayment options. We even contact with the respective lender on behalf of you.

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