Loans secured by assignment of the fifth
The secured loans are fixed rate loans, repayable in monthly installments of fixed amount. The key feature of guaranteed loans is that repayment of the loan is secured by specific “guarantees” provided by the client, represented by the treatment of severance pay (settlement) of employees without a time limit or the capital to purchase the life insurance policy of self-employed. The guarantees will allow their banks and financial lending secured on competitive terms with long durations, with great flexibility in assessing applications, even in the presence of any previous credit problems. Within the secured loans there are different types of products, each with special features and aimed at specific customer segments.
Types of secured loans
The transfer of salary is the most popular loans guaranteed and is characterized by the fact that the monthly repayment is deducted directly by the employer, and paid monthly donor institution. This form of reimbursement, and the apparent comfort, provides access to financing without support from a bank account. For employees of private companies to medium to large are available, other forms of guaranteed loan: the extra assignment and the voluntary transfer (the latter without payroll deductions), which could achieve higher amounts than the sale of fifth. In addition, the Trust secured loan, with payments supported by bills of exchange, which allows all employees of private companies to borrow money without deductions even with credit problems.
For civil servants it is available on loan guaranteed by delegation, the combined sale of the fifth to get the most important figures. Finally, the self-employed is available on the guaranteed loan policy, which allows you to receive funding by providing guarantees in the surrender value of your life insurance policy.