Loans changed are loans that allow us to receive the money we need in a particularly short time. The particularity of this product is given by the reimbursement method, which takes place, as can be easily guessed from the name itself, through the issue of bills by the bank. By the due date specified on the bill of exchange itself we will have to make the monthly payment. Repaying the amount through bills of exchange is an advantage for both parties.
In this way, the bank that grants the loan is protected if the customer does not pay the repayment installment. The finance company can in fact proceed with an enforceable act before a judge. For the client, this is an excellent opportunity, given that the changeable loans do not include the obligation to receive a fixed income. In fact, it is possible to present alternative guarantees to the bank, on which this can be redone in the event of failure to return the amount disbursed.
Quick loans with bills: who they are for
Requesting a loan is not always simple. Banks are in fact less and less willing to risk their money, therefore they establish requirements that must be met by the customer who needs a certain amount of money. the company will therefore be protected in the event of non-reimbursement of the sum paid to the customer. For this reason, we often find it difficult to apply for a loan, especially for those who do not have a fixed job, and who therefore cannot present demonstrable monthly income to the finance company.
Loans promoted mainly to this category of customers. Obviously what will be requested by the bank to which we turn will be alternative guarantees, such as the possession of a property or, alternatively, the signature of a guarantor, who in case of non-payment of the repayment installments will bear the total expense. Even those who in the past have had problems in repaying a loan and who have been reported as a bad payer can be denied a loan, and therefore they are also addressed to the promised loans, provided that valid guarantees can be presented.
How to get funding for protests
Loans exchanged are therefore alternative loans to “classic” loans, which can be very useful for those who do not meet the requirements, for example for personal loans, such as for example in the case of those without a paycheck or other income from work. employee. The first very important feature of loans with bills is certainly speed. Very often we may need a sum of money in a short time, if for example we have to face a sudden and urgent expense. This is not always possible, due to the bureaucratic times relating to the granting of a loan, which can be a significant problem.
The moment we proceed with the request for a loan changed, we will usually have to wait between 24 and 48 hours. We will therefore know immediately whether the money we need will be paid to us or not. As regards the economic treatment that we will receive, it should be stressed that it is a fixed rate loan. Interest will remain constant throughout the loan term, and the same will be true of the repayment installment. The moment we apply for a loan changed we will have to be sure that we will be able to face the expense every month.
Pros and Cons of online loans
If you are interested in applying for a loan and have started to inquire online, you will have noticed the numerous options from which you can choose. So it is good to better evaluate all the opportunities that are offered to us by the various companies. So let’s see why it can be advantageous to choose a loan and what it is better to look elsewhere instead.
PRO As we have seen, the changeable loans are loans that do not require particular guarantees relating to the client’s income. Therefore the first advantageous feature is precisely that of being an excellent solution for those without a paycheck. The same goes for protesters and bad payers. Finally, very important is the possibility of agreeing with the bank you are contacting to obtain a renewal of a promissory note in case of difficulty in paying, or the issue of new promissory notes.
AGAINST The fact of returning the amount advanced to us by bills therefore constitutes an advantage but also a disadvantage for the customer. In case of non-payment of a promissory note there is a risk of being immediately protested, which can be a big problem. Furthermore, the interest rate is usually quite high compared to the alternatives available on the market. Finally, identifying a guarantor willing to pay any unpaid installments is not always easy, therefore it is often difficult to have access to a loan changed.
Loans with bills for self-employed workers
As we have said, the requirement most requested by banks when requesting a loan from a client is that of a safe income received every month. In this sense, civil servants and INPS pensioners will not have major problems in receiving the money they need, because through solutions such as the assignment of the fifth, the repayment installments will be automatically deducted from the salary or pension. For example, for freelancers or traders, this income cannot be guaranteed every month. This category of workers, who have problems in obtaining the so-called “classic” loans, is addressed to the changed loans.
What we will have to do to obtain this form of financing, will be to present alternative guarantees, which will ensure the financial to which we are turning. The first possible solution is to present a guarantor. A relative or friend, who unlike us must have a secure income, can guarantee that we will be able to return the sum that has been lent to us. In the event of non-payment by us of the bills issued by the bank, the guarantor presented by us will pay for us.
An alternative to the signature of a guarantor is the mortgage on a property. If we own a home and need financing, our home will be an excellent guarantee for the bank. Obviously, before mortgaging your home, it is good to think carefully about the feasibility of financing, and our repayment ability. In the event of non-payment of bills, the mortgaged property will be auctioned, and the finance company will take the money that we have not returned from the proceeds of the sale.
Loans promoted can be the best solution for several reasons. Banks are unwilling to risk their money, and for this reason many are not willing to grant this form of financing. Let’s find out who offers loans with bills of exchange, analyzing the products available on the market and how to apply for funding. We will guide you in choosing the financing that is right for you, also showing you what are the risks of applying for an online loan and what precautions are good to have.
Which companies offer changed loans?
The types of loans available on the market are many. The financial companies are in fact always looking for new customers, and for this reason they always study new products aimed at satisfying the most diverse needs. The companies, however, are not willing to risk their money, lending it to subjects who may not return the advance amount. Therefore it is not always easy to apply for funding for those who are without a paycheck or reported as a bad payer.
However, fortunately for all those who have problems receiving a loan in the banks mentioned above, there is no shortage of alternatives. For example, financial companies such as Easy Money, Finatel and Global Credit are willing to grant exchanged loans to their customers. Obviously, the greater risk of this loan will turn into higher interest rates than those applied for “classic” loans.
Beware of scams!
As we have said, that of the changed loan is the solution aimed at those who have problems in receiving other forms of loan from the main financial companies. If this were not the case, it should be stressed that it is certainly better to prefer a different product, which offers convenient treatment from the point of view of the interest rate applied.
Precisely on this point there are several subjects from which it is good to stay away. Searching for loans changed on the internet is in fact easy to find yourself in front of sites that offer much lower interest. Very often these subjects reveal themselves as scammers, therefore it is good to rely only on authorized companies, which perhaps may seem less convenient but which offer us greater reliability.