Loans without paychecks
There are many types of loans without paychecks that the market makes available: many different solutions designed to give concrete answers to the needs of those who request them. Let’s see!
For self-employed workers
Loans without paychecks for self-employed workers are designed for those who do not have a paycheck even if they have a stable profession. The maximum amount of the amount that can be paid is assessed taking into account the single model, which is usually required for at least the previous three years, with situations varying according to the activity that takes place. It should not be thought, however, that the Single Model is a sufficient guarantee for the lender.
If you are wondering who provides these types of loans, we recommend reading the article: Astro Finance loans without paychecks
Workers with saturated paycheck
Loans without a paycheck can also be paid to so-called employees with a saturated paycheck, i.e. those who have already occupied their paychecks with other loans that commit between 35 and 50% of their salary: that’s why, for the purpose of a new loan, these workers are considered without a paycheck. Anyone who needs money and is in such a condition can still ask for debt consolidation, which is nothing more than a new loan that includes the remaining amount of the ongoing loan and the new liquidity that you want to obtain.
If you want to deepen the topic “debt consolidation” you can read the article: practical guide to debt consolidation
Loans with bills
Among the loans without paychecks made available by the banks, a particular category is represented by the promised loans: the monthly installments envisaged for the repayment are, in fact, promissory notes.
The bank that grants a loan of this type is therefore protected, as it has an executive title on the basis of which it can request, if the beneficiary of the loan proves to be insolvent, the attachment of its assets.
The signature on the bills of exchange is not, however, a sufficient guarantee: generally in these cases the intervention of a guarantor is required, a person who must not have other loans in progress. This is not the only necessary condition: the guarantor you choose must in fact have a permanent contract.
In addition, beyond the guarantor, the credit agency could request an additional guarantee, represented by a real estate property, which would be foreclosed in the event of insolvency so as to allow the bank to recover the amount lent.
Loans without online paychecks
If you want to take advantage of loans without a paycheck quickly you can refer to those online, which take advantage of the timeliness and immediacy of the web to ensure that the sums requested are disbursed within a few hours.
To offer this solution is, for example, Astro Finance: the self-employed who intend to benefit from it must have opened the VAT number for more than a year and boast revenues of more than 6 thousand USD.
The speed of the procedures is amplified by the digital signature, by virtue of which you can complete each step in a few clicks. In addition, there is the possibility of changing the installment for free, at no additional cost. One of the merits of these loans is that the accessory costs are very limited: for example, there are no costs for sending periodic communications, for the preliminary investigation or for the collection of the installment.
Agos Ducato also provides financing without an online paycheck, with a proposal designed especially for young people who choose to make the repayment by automatic debit from the current account. Even in this circumstance, it is essential to be able to demonstrate that you have continuous income.
Finally, it is worth mentioning the proposal of Poste Italiane, which materializes with the Special Cash Postepay: it is a particular offer designed for those who own a Postepay as a function of which the credit of the desired amount is granted on the card itself.
Without paycheck and without guarantor
In most cases, as we have seen, loans without a paycheck presuppose the presence of a guarantor willing to put out of his own pocket the money that the borrower was unable to repay. But what can you do if you can’t find a guarantor? Are you forced to give up access to credit? Actually not, in the sense that you can resort to two alternative solutions: one is represented by the mortgage on the house and the other is represented by a pledge as guarantee.
With the mortgage on the house it is necessary that the value of the loan is not too low compared to the value of the house itself: in this case, in fact, it would have to do with a partial mortgage which, in general, credit institutions refuse as it is disadvantageous (the procedure to be applied to return money would prove to be too elaborate and complicated).
Therefore, it is not necessary to think that a mortgage on the house as collateral is always accepted. With the pledge as collateral, on the other hand, valuable goods are offered as collateral: it can be, for example, a precious picture or gold jewelery.
Finally, it is good to take into account lifetime mortgage loans, which are loans without paychecks for people over 65 as a result of which the homeowner turns into immediately available liquidity, so that when the beneficiary dies the debt can be extinguished by the heirs or by selling the house itself or, simply, with money.
Examples of loans without paychecks: Caloper
Among the various market proposals for loans without paychecks, they prove to be quite convenient and designed to satisfy the most diverse needs, those of Caloper, with three formulas of personal loans:
- the Total Flex loan
- the Jump loan
- the Easy loan.
In all these cases the presence of a guarantor is indispensable ; vice versa, the guarantee constituted by real estate is not accepted. The Easy loan can be customized in many different ways: with Easy Change, for example, the amount of the installment can be changed, while with Easy Jump the payment of an installment can be postponed. Finally, Easy Flex allows you to combine the Easy Change and Easy Jump functions, skipping an installment and modifying it.
Funding without a paycheck, in conclusion, is not a utopia but a concrete reality: the conditions under which they can be requested are not prohibitive but presuppose, however, rigid stakes, as is normal. The market offers many different opportunities, satisfying the needs of many.