Are you looking for a loan with guarantee ? No fear! With the arrival of 2019, by now, you can ask for your loan with guarantee.
But, what are the main guarantees that will be required? How does the loan with a 2019 guarantee work? Let’s find out in this dedicated guide.
Loan with guarantee 2019: what is it?
The loan with guarantee is a loan whose main guarantee is represented by the paycheck (salary) or by the pension or, in any case, by the monetary “income” that you collect each month.
It must be emphasized that every lender assesses your creditworthiness or your ability to properly repay the obligation taken.
After all, thanks to your monetary income, you can guarantee the correct and timely fulfillment of the installments of the loan.
But, it is not always possible to guarantee the loan with the salary or the pension: in these cases, there is however the need to assure the creditor body the ability to pay the installments correctly.
How? Presenting an alternative guarantee . What is it?
Alternative guarantees: what are they?
If you are a person who does not receive a paycheck or a pension, it is very likely that the creditor can ask you for an alternative to the income guarantee .
Loans with guarantee 2019 check the loan with guaranty : the subject is a third party guarantor or guarantor (for example, a parent, a relative, etc.), which undertakes with its assets to repay the loan contracted by you, in case you are not able to fulfill the installments.
The guarantee of the guarantor provides only the moral and financial commitment by the guarantor that guarantees for you. In any case, the same guarantor has action for revenge against you.
Another form of loan with collateral is the loan with collateral securities (stocks, bonds, mutual funds and other financial instruments, etc.).
If you do not have a job, but you hold assets in your assets, the bank may propose to grant you a loan by securing the deposit of securities you will bind to meet the obligation contracted, and will not be available until the loan is settled.
If you want to receive further information on the loan with guarantee 2019, contact an Bank Consultant who will be able to help you find the right product for you.