Applications for debt consolidation loans are growing
Debt consolidation loans are growing. This is what emerges from the observatory conducted by Prestiti.it and Facile.it regarding the loans requested during 2017. In the 12 months, the reason why more often funding was requested is to bear the costs related to the car or the house.
However, the loan purpose in which there is a greater increase than the total is debt consolidation. In 2017, consolidation loans increased by 5.5% compared to the previous year. Data that were obtained from an analysis that involved a sample of over 50 thousand requests.
But what are the most interesting consolidation loan offers of the moment? Among the many proposals on the market, that of Spin Lender undoubtedly stands out.
Fine Bank personal loan, this is the name of the product, allows both to consolidate old loans and to obtain new liquidity having already underway a loan. It is possible to obtain sums up to a maximum of $ 30 thousand to be repaid with an amortization plan that extends to a maximum of 84 months.
Government Agency loans for debt consolidation
Among the offers of loans for debt consolidation the Government Agency Social Institute loans also stand out. Credit lines that are granted by the social security institution through a specific Credit Fund, the Unitary Management of credit and social benefits.
Government Agency loans are divided into two products: small loans and multi-year loans. When we talk about Government Agency loans for debt consolidation we refer to the latter. Multi-year loans are in fact granted for various purposes, including extinguishing a mortgage in progress.
The amount payable varies according to the size of the mortgage, as verified by the original bank. As regards the repayment terms, the interest rate applied is 3.5%. A rate of 0.5% for administration costs also applies to the gross amount of the loan.
However, it is necessary to remember that Government Agency loans are accessible only to public employees and pensioners registered in the unitary management of Social Institute.