The loan to employees with payroll housing is the ideal form of credit for employees in the construction sector .
The loan for employees with payroll housing meets the personal needs of employees, is a guaranteed loan with direct deduction in payroll.
- For private employees
- It takes 3 years of permanent employment.
- Fixed installment for the entire duration of the sale.
- Fixed rate for the whole duration.
- Refund times from 24 to 120 months .
- Without spending purposes.
- Directly to your home.
- Also in the presence of other loans or mortgages .
- Feasibility No problem for bad payers.
- Even in the presence of protests and foreclosures .
It is possible to access the loan to employees with payroll building contracts through the products: transfer of the fifth and payment delegation.
The secured loan, also known as a loan by assignment of the fifth, is a personal financing not finalized . It is disbursed with a fixed interest rate, repayment in constant installments up to 120 months.
The installment includes all ancillary costs, insurance costs for life and job risk, principal and interest. As a non-finalized loan , the amount received can be used for any reason without any expense justification or purpose requested by the provider.
In practice, the assignment of the fifth salary , is a form of loan suitable for obtaining liquidity for each type of purchase: car, restructuring, marriage, travel, welfare, health and other needs.
It is up to the employer to repay the installment amount monthly, retaining it from the employee’s paycheck, which used this form of loan to finance its purchases or for personal liquidity.
The employer himself assumes the responsibility of punctually and regularly making payroll deductions in favor of the lender. If the employer is a private company, he / she will undertake to limit the employee’s termination indemnity to the Beneficent Company until the end of the loan.
The amount of the installment of a loan by assignment of the fifth is calculated based on the employee’s net security and can not exceed 1/5 (one fifth) of the same.
The loan by assignment of the fifth salary is aimed at all categories of workers, both state, public and private, as provided by the original regulations of 1950 (the 180/1950) and, following the latest laws on the matter.
The loan by assignment of the fifth can be voluntarily terminated in advance, with the payment of a penalty on the residual debt (the penalty is usually 1%). The residual debt is the portion of the loan (by way of capital, which does not include interest) that the debtor still has to pay to the creditor.
The sale of the V is covered by law by specific insurance policies: life risk and employment risk .
The first protects the customer and therefore his heirs in case of premorence, the second in the eventuality of loss of work due to causes not dependent on his will.