In Italy there are no laws that preclude the possibility of being able to apply for loans if you are protesting , even in the case of self-employed persons, who also have the disadvantage of being without a paycheck. Instead, the fact of accessing the application process with guarantor or without guarantor can make a big difference on the feasibility and processability of the loan application. Furthermore, there is a big difference also according to whether you fall among the bad payers or the protesters, especially when you approach some specific types of financing.
Black list and protest register: consequences and limitations
As already mentioned, being included in the black list of bad payers or protested subjects is not, in itself, a constraint to be able to apply for and obtain a loan (see also Protest of the promissory note ). In reality, however, when you fall into the categories of bad payers or automatically protested you are judged as unreliable, and therefore obtaining “credit” and trust is a much more complicated undertaking.
There are, however, some types of financing specifically designed for the needs of this type of customer or which are at least accessible.
Due to the escalation of the crisis of the past years, many families and self-employed workers have not been able to compensate the debt, but this does not necessarily mean that with a new loan the same situation will have to be repeated.
Unlike a few years ago, when lenders did not look at the protesters’ loan requests at all, the bad payers can now have free access to credit with due guarantees.
The assignment of the fifth of the salary
In spite of a previous protest, not yet lapsed or healed, permanent employees at companies in the private or public sector can apply for a loan by assigning one fifth of the salary .
The only constraint is having a two-year seniority, if we are talking about private, or half-yearly, in the event of hiring in the public (however conditions vary according to the internal choices of the hips or the financial ones). Obtaining the loan will be facilitated as the installment will be withheld directly from the salary, which the customer will receive reduced by 20%. In this way, the guarantor becomes, indirectly, the employer who will physically pay the installment to the credit institution or to the financial company that provided the loan.
There can be forms of the type with guarantee from Tfr or not Tfr , and there are also the possibility of requesting renewal if certain hypotheses occur. Those who need to increase the allowable amount will be able to obtain a “double fifth transfer”.
So even if technically the employee will request a loan without guarantees , in fact it falls among those with more than solid guarantees (salary and employer), but in any case without guarantor (only the salary is assessed for the sum disbursed). The only limit is given by the access channel since it is a type of loan hardly offered online. However, you can always make a request at least for an online quote and then decide how to proceed next. Even if the transfer of the fifth does not enter into the “credit” merit, it can be refused for other different reasons, therefore in case of need, an alternative fallback solution must always be provided.
Delegation and loan changed, the alternative solutions
Another solution to obtain the loan immediately is to choose the formula called delegation (see also Quote with delegated loan ), very similar to the assignment of the fifth, but diversified for some important characteristics: it is a request that can also be refused based on an assessment of merit; presupposes the pre-existence of the assignment of the fifth of the salary, of which 20% must also be added to its maximum 20%, bringing the committed percentage of the monthly income to a maximum of 40%. However, the law requires that the maximum threshold beyond which it is impossible to go, if there are other types of deductions (such as foreclosures, alimony, etc.) is 50%. So the sum of 40% can be partially reduced to a lower percentage.
There is also an additional form of ideal financing for the protested parties, the promised loan. In this case, the repayment of the debt takes place through bills of exchange deposited with the institution at the time of the disbursement of the sum.
For self-employed workers, on the other hand, who are obviously without a paycheck, there is the possibility of accessing the loan for protests by double signing a guarantor who takes responsibility for the payment in the event of the applicant’s insolvency.
In all the different forms of loan for bad payers and protests , the maximum threshold that can be requested is 50 thousand USD, for a maximum repayment time that cannot exceed 10 years. In most cases the interest rate provided for this type of amortization is fixed, although some variable plans can be found in the market, especially for small amounts.
Loan between individuals
If the banking and financial sector can prove to be particularly hostile and not very lenient in judgments, the possibility of applying for a loan between private individuals remains.
It is recommended that a written contract be drawn up (even if between relatives), and if interest is payable in addition to the principal to be repaid, the registrations must be made to the Revenue Agency and the payments of taxes due must be paid.
However, if interest is applied which is below the usury rate and there are no guarantees “disproportionate” or injurious to the applicant, these are loans that are legal and that can be used, respecting criteria of transparency and clarity. , without particular fears.
Loans between individuals can also be made through the use of bills. The operation and conditions to be respected, in addition to those indicated on the contract, also require compliance with the compilation of mandatory information, it must first be established whether they will be with or without the possibility of a turn, and above all, attention must be paid to the payment of the stamp due. Among other things, its calculation has become very simple since the form of the “virtual” tax payment took over, mostly replaced by the classic stamps used previously.