Do you need a furniture loan? Useful info

Are you looking for information on how to have a loan for your home furniture? You arrived in the right place.

We have created a complete guide for you with the collaboration of Danilo Arbinotti di Prestitimag With all the necessary information regarding personal funding for furniture.

Everything you need to know about the loan to buy new furniture.

Do you want to renew the look of the house or your office?

Change the furniture of your own ambienti indoor o outdooris not a choice that is done every day, that’s why it must be done well. The design accessories They are not always cheap and rather than choosing low quality cheap furniture that shortly after they ruin it is good to take few but good furnishing accessories. And how to do in case of lack of liquidity? It is possible to ask for a loan in the bank or at a furniture loan company.

What should you keep in mind to choose the loan and who to contact?

It takes time and patience to turn to a trusted society and with the right conditions for our needs.

If you are a young couple for the purchase of your first home you can take advantage of excellent facilities, also confirmed for 2018. It is possible to request First home mutual concessionsfrom the person who contracts the mortgage to buy, renovate or to improve the energy efficiency of the goods.

What are the requirements to request these concessions?

We must be as we said young couples or families under the age of 35 and return to the income requirements required by law.

How to receive the facility?

It is possible to apply for access to Guarantee fund in order to obtain a state guarantee on 50% of the capital share of the mortgage which is granted.

For all other cases, however, the alternative is to open a Furniture loan.

More and more often it is possible to find in the same furniture company the possibility of opening a loan thanks to agreements that companies have with financial companies.

In this case it is called loan aimed; A loan stipulated between the retailer and a financial institution which in turn proposes the loan activation.

In this case, the requirements for the stipulation of the loan will be controlled by the financial company that will check the customer’s income and paycheck to be sure that it may comply with the payment of the debt contract.

When, on the other hand, it is not possible to stipulate the loan through the dealer, a personal loan must be used
Furniture loan.

In this case, you will have to personally take out a loan directly with your bank. The total sum to be requested and the payments or the only payment to be made directly to the seller for the desired furniture must be established.

The time to receive the loan is usually not exceeding 5 days, afterwards it depends on the times of its bank or financial company.

What are the requirements for obtaining the furniture loan?

In this case there is no specific age as in the case of the loan for the first home, but we must have contractual requirements in order to ensure that you can pay the debt in the sum and in the times stipulated.

The employment contract must not necessarily be indefinite, but «risk policies» will be taken into consideration or if there are previous insolvenze at the same or other banking institutions, «the level of income» or if it can be made Refund installment and «credit reliability» which considers it to the applicant’s historian as a more or less reliable person often on the basis of the indications transmitted by the central risks.

If there is some information that the bank considers at risk, a guarantor can be appointed that precisely guarantees the payment of the loan in case certain conditions are lacking by the applicant.

So how to choose the furniture loan?

On Google there are many proposals and many companies that offer loans. Surely you have to inquire well!

Reading the loan contract then becomes fundamental. The information essential to be sure that all the clauses that we thunder and the credit institution are inserted in the contract; The rate and conditions of interest practiced, the total total requested and the methods of financing, therefore how many installments and the respective deadlines, the total annual rate and the required guarantees.

If you want to extinguish the debt first of expected? It is possible but you pay a penalty. So it is a condition to be verified in advance to know well what you are going on.