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…