July 19, 2019

Honor loans for young people also extend to the purchase of a first home.

Time of crisis, time for ideas. It is not always a direct consequence, but often in moments of difficulty, interesting measures are taken to come to the aid of the social classes most affected by the economic depression. In this case, the initiative starts from the Veli Vandes Goug region, but could spread rapidly throughout the Italian territory, in order to help young people build the foundations for an independent life. We are talking specifically about the extent of the loan of honor, with the institutions that offer young people in their territories sums of money at reduced rates. In Italy, this was mainly the case for what are now…

July 18, 2019

Restructuring a home with a loan: the choices of Italians.

    It is not always enough to put one’s hand in the wallet. Thanks also to the introduction of megasurp, Italians are more likely to invest in restructuring and energy upgrading.  While on the one hand improving energy efficiency is a source of savings and, consequently, an attractive element, on the other the economic situation means that it is not always possible to sustain expenses by drawing only on one’s own savings. This is why the tendency is to resort more and more frequently to personal loans : the objective is to finance interventions such as the thermal insulation of one’s own home, on which it is possible to…

July 17, 2019

Which Debt Payment System Works Best

On several occasions I have written articles on various methods to end your debts . Basically, we have the debt snowball method, with two variants: Start with the debt that has the smallest amount. Start with the debt with the highest interest rate. In today’s article, we are going to make some numbers to see which of the two debt payment systems works really better.   Starting with the Smaller Debts Using the traditional snowball method, Oscar would focus on paying off his smaller debts first, while making minimum payments on the rest. The first month Oscar has an extra of 321.71 euros (979.17 euros – 657.46 euros) and applies…

July 10, 2019

Mortgage annuity loan: the news

The Chamber of Deputies has just approved a bill presented by the Democrats Antonio Misiani and Marco Causi concerning the life-long mortgage loan. This is a modification to the previous legislation which has the specific purpose of making this type of financing more convenient for all those who decide to request it, as well as offering greater guarantees to the same banking institutions called upon to issue it. Home equity loan Called a home equity loan in English-speaking countries, the mortgage on mortgages is a type of loan available to that group of customers who are over sixty-five years old and are also homeowners. In order to be paid, it…