The salary assignment consists of one of the most common forms of loans between employees and pensioners. The reason why this guaranteed personal loan has spread so much is quite simple: it is a comfortable, safe loan, which is generally also granted to bad payers and now we will see why.
Unicredit SpA, a leading bank in Italy with more than 4,400 branches throughout the country and over eight million customers, provides this type of financing among its products for families, private individuals and retirees.
The personal loan of the fifth Unicredit consists of a personal loan, not finalized and guaranteed. It is a simple loan, no asset or property guarantees are required other than the pension slip or the pay slip; it is flexible, we must not justify the request for the sum.
The personal loan assignment of the fifth Unicredit is granted to public and private employees with permanent contracts, in the maximum sum of 72 thousand euros for the public employee and 47 thousand euros for the private employee.
For the pensioner, with INPS agreement, the maximum sum payable is 69 thousand euros.
The particular characteristic of the assignment of the fifth consists in the fact that:
- the monthly payment that is debited on payroll or pension slip, by law, cannot exceed 20% of the net amount;
- the sum of the installment is automatically debited by the institution of the pension or by the employer on the pay slip / pension slip. In this way the installment is transferred to the finance company from month to month but not from the debtor, but from a third party. So this is a guarantee for the bank, which tends to trust more and more easily grant the loan.
In fact, the financial institution is covered by the risk of forgetfulness or default by the worker or pensioner because the installment is paid directly by the employer or the pension institution.
The maximum duration of the personal loan for the transfer of the fifth Unicredit is 10 years, therefore 120 installments. The money is paid in a single solution by bank draft, by bank transfer, etc.
The loan rate remains fixed throughout the depreciation rate.
In general, the personal loan of the fifth Unicredit is also accessible to bad payers: this is because the only guarantee is the salary or pension and in general no others are required, even if the bank always reserves the right to evaluate the granting of the loan subordinating it to the presence of certain requirements of the aspiring customer.