December 31, 2019

How the government agency loan works in the event of death or disability

What happens to the Government Agency loan in the event of death or disability The Social Security ex Government Agency loans are produced at subsidized conditions granted by Social Security in favor of employees and pensioners of the public administration. Characterized by subsidized interest rates, Government Agency loans can be requested to meet both small and large expenses. But what happens to the Government Agency loan in the event of death? Employees and pensioners who take out a small loan or a multi-year Social Security ex Government Agency loan are protected by the social security institution. In fact, upon entering into the loan agreement, the beneficiaries also undertake to pay…

December 24, 2019

Loans for Medical Expenses 2017: Useful Guide

In 2017 almost one in two Italians is still forced to give up treatment for economic reasons. In reality, there is the possibility of filling the lack of liquidity by using loans for medical expenses granted by banks and financial institutions. It is clear that, before applying for them, one must inquire very well about the details of the financing. Loans for medical expenses: guide to the choice Those who decide to opt for a loan can choose between: targeted loans, available in medical facilities and disbursed by banks affiliated with the facility; personal loans, taken out from banks or finance companies asking for the amount for treatment; assignment of…

December 20, 2019

What is re-credit? When does it occur?

Issues related to additional funding is quite clear. The problem of the meaning of terms appears with the so-called re-credit. To clarify this concept, one needs to consider the situation of broadly defined debt, resulting from an excess of liabilities that we are unable to pay. Details can be found in the article. We invite you to read. Definition of re-credit Conversion is a quite dangerous phenomenon. It occurs when the sum of liabilities in a given bank exceeds a certain level of the borrower’s or borrower’s earnings. The point is that the cost of the commitment, i.e. capital plus interest, interest rate, etc., is already high enough to absorb…