Why apply for a flexible loan? What are the benefits? Flexible loans are convenient and convenient loans, which allow the customer to “skip” the payment of one or more installments in times of economic difficulty (job loss, layoffs, etc. etc.).
We find out in this guide if they are really advantageous and what are the strengths of flexible loans.
Flexible Loans: Are They Really Affordable?
Flexible loans are personal loans that allow you to change the amount of monthly payments or to skip the payment of the installment (for the principal only) and to change the amortization plan, without being penalized.
In a climate of economic uncertainty and employment crisis, such as the one we are experiencing, flexible loans are a “smart” and absolutely advantageous solution for any instant subject who may find himself in a situation of economic difficulty, and is unable to fulfill the contractual obligation.
This explains why the number of flexible loans grows year by year, and they are increasingly popular with young people eager to buy a car, carry out a life project or finance an expense.
In addition, any party underwriting the flexible loan contract can spend the amount obtained without having to submit any proof of expenditure.
Apply for a flexible loan: what are the requirements and documents?
Having clarified the advantages deriving from the underwriting of a flexible loan, to request one it is necessary to be in possession of the requisites required by law and to present the fiscal documentation , as well as what happens when you request any other personal loan.
To apply for a flexible loan you must be:
- resident on the national territory,
- have a solvency capacity, therefore, a relationship between debt and installment to be paid that is sustainable and does not entail any “weighting” from a financial point of view,
- not appear in the register of bad payers.
In order for the request for a flexible loan to be accepted, it is necessary to present the tax documentation that certifies the working and income status of the same (paycheck and Cud for employees, Single model for self-employed workers and model for pensioners).