Low income financing?
Let’s see some strategies to get them. Therefore, we will make some necessary distinctions between subjects or, better to say, people who have a low income as well as based on the type of financing they are looking for: an account will be a (personal) loan, another account is a mortgage or a lease etc. As the article continues and in particular at the end of the same, we will make references to links that are necessarily useful for the deepening of the indicated solution and for which we anticipate that,
In essence, it will be the same for everyone as regardless of the type of work and the type of financing there are two questions to start from: A) how to access a loan with a low income? B) how, despite a low income, can we get an amount that is as high as possible? Let’s start with loans for low incomes for self-employed workers as they represent the largest category, numerically speaking, that has this problem.
Loans for low-income self-employed:
Who are they aimed at? Well, we consider that the aforementioned sentence or that of loans for low-income self-employed is not exactly complete. More than self-employed, it would be better to indicate all those holders of low-income VAT number as the ownership of the VAT further widens the subjects who, in the broad sense of the term, carry out independent work: we refer to freelancers already treated on loans for freelancers. Well, even the latter, like the self-employed, have, although to a lesser extent, the problem of low incomes, at least declared.
The advice and suggestions relating to loans to people with low incomes will also apply to them. The risk for these people is that, once admitted to some financing, they would receive small loans to the point of not being able to satisfy some needs. Before reviewing the proposed solutions, we must mention a category that also needs low-income financing but which, unlike other categories, represents the weakest one from a social point of view: some types of pensioners and?or workers.
Loans to low-income people: some checks and pensions.
Well, we have a few million subjects who for various reasons cannot, by law, give up their fifth. We have already talked about it on a loan for holders of minimum social disability pension etc. to which we refer any interested parties. Other types of loans to people with low income follow: as mentioned, we refer, this time, to some employees. For these, the biggest problem, in addition to the low income, is represented by the instability or the precariousness of the employment relationship. We also dealt with these on loans for workers with fixed-term contracts.
At this point, indicate a bit all the categories of recipients of the loans to those with low incomes, we indicate a series of resolutions that have the aim both of making the loan itself and, above all, to make it disburse an amount appropriate to its own requests.
Loans for low-income self-employed: and not only.
We repeat, those that follow are general in nature therefore not limited to self-employed people but to any person with a low income. A first solution, viable if they let you access the loan but this is small, is to maximize the repayment period: for this purpose, we can indicate the only banks that make personal loans with a duration of 15 years. Another solution similar to the previous one but which allows you to further extend the repayment times is to make loans to 20 years, however, even before you visit the link we announce that you need to have a property on which to register a mortgage.
The aforementioned solutions allow you independently to have a larger sum. If, on the other hand, the problem is that the income is so low that you are not granted any type of financing, then you need a third party guarantor who, together with the two aforementioned loans, will make you access the loan by receiving a greater amount.
Low-income mortgage: we end with the last form of credit still untreated. So how do you get a low income mortgage? Well, the name of the loan changes but the logic we are going to use will always be the same! Low Income Mortgages: How To Get Them? Similarly, even in the case of the mortgage we indicate a source from which you will find both the reasons and the cases in which it is convenient to make a mortgage with a duration of 35 40 years not necessarily for the purchase of the first home.