March 15, 2019 Robert Hill

When a new loan is needed to meet all the foreseen and unexpected expenses, the loan is delegated. Also known as double fifth, the loan with delegation, regulated by article 1269 of the civil code, is called this way because it can support the assignment of the fifth. The repayment installments account for another fifth of the salary. So let’s see what it is: how it works and who can request it. Who can request it They can request a loan by proxy or double-fifth: All state employees; Most public employees; Private employees with a permanent contract. This is a…

March 14, 2019 Robert Hill

Loans to families on the rise, according to the Bank in Italy In a recent study it confirms the growth of bank support for the real economy Consumer credit in Italy is confirmed to be good, even in a month like the month of August, which also sees Italians committed to enjoying their well-deserved holidays after a year of work. Loans to families were in fact the protagonists of growth not far from the 3% threshold, a trend that confirms the one recorded in July. Financing for non-financial companies, on the other hand, remains at a standstill, with a slight…