Loans changed quickly, immediately, in 24 – 48 hours
Loans swapped fast: who can apply for them
Fast loans with bills of exchange embrace a very large pool of users: from employees with regular paychecks, to self-employed workers, up to pensioners.
Even the unemployed or the bad payers are not excluded who must, of course, present very solid guarantees to obtain a fast loan.
Given the nature of fast loaned loans, the rule applies to everyone that in order to have them, it is mainly necessary to have foreclosure assets capable of covering the entire loan loan. In addition, to facilitate loan approval it would be good to have the following additional guarantees:
- The employee where to present the certificate of paycheck in addition to the accumulated severance indemnity;
- a self-employed worker must deliver to the bank the Single Model of previous years and a life insurance policy signed for a minimum of 2 years;
- if the applicant is a pensioner, it is sufficient to bring the pension certificate with him;
- those who are unemployed must at least own a property and bring the cadastral map for its evaluation or be accompanied by a guarantor, to whom the bank can contact in case of non-payment;
- if you are registered with CRIF as a bad payer, additional guarantees must be offered. As already mentioned, the best ones are owned properties.
All of the above is true, but I ask you: if you are an employee or a self-employed person or in any case you can demonstrate that you have an income, why resort to loans changed? Why don’t you try the fast Bankate loans? Or Astro?
Loans swapped fast: really cash right away?
In the common imagination, the fast loans changed are the ideal answer for those who need immediate liquidity and cannot wait for the approval times foreseen by the other types of personal financing, the approval is almost immediate: in 24-48 hours usually the money is already deposited into the account.
Unfortunately, this does not always correspond to reality. In fact, in most cases, those who resort to this type of loan do so because they have been reported as bad payers and do not have access to normal credit channels as they are members of the CRIF. So if you have unresolved problems, you are unlikely to have liquidity within 24 – 48 hours of applying for funding.
Among other things, the lender, whether a private individual or a bank, before making a loan with one or more promissory notes as collateral, checks the balance sheet of the person requesting the loan, to make sure that there are assets to be attached. in the event of non-payment of one or more installments. All this significantly lengthens the time of disbursement of money, so goodbye fast loan. Having said that the question is…
Fast loaned loans: factors that determine the rapidity of disbursement
The speed with which a loan is paid out depends on many factors, only after having identified them and taking them into due consideration can hypotheses be made that are likely to be reliable.
Let’s go in order, let’s see what are the main factors and the weight they have in the speed with which the funding is disbursed.
- Identification of the bank or private individual willing to provide a loan that has the promissory note (s) as the only guarantee;
- the ready availability of all the necessary documentation to prepare the financing file;
- speed of checks (by the bank or the private individual) of the documents provided by the applicant;
- amount of the requested sum ;
- availability and types of sewable goods ;
- credit status of the applicant in the databases and lists of bad payers.
As you will have understood by now, having a loan changed immediately, in 24 or even 48 hours is really very difficult. Even the mere search for a bank or private individual can sometimes take longer, but in this case there is nothing to do, due to force majeure the operation cannot be done.
How to try to have a fast loan changed in 24 – 48 hours
The only realistic way to try to have access to fast loaned loans is to activate a loan changed between individuals.
Yes, in this case, if the relationship of trust between individuals is high (… true, the bill of exchange is an executive title but the creditor does nothing if there are no assets to be attached), surely the operation is really feasible: The loan is obtained immediately, in one maximum two days.
Here’s how to do it : to formalize the operation, just a private writing in which you can predict a share of interest (Italian law allows), in that case just write on the contract that it is an “interest-bearing mortgage”. If no interest is foreseen, include “non-interest bearing loan” in the private agreement.
Of course, if you are talking about large sums, even if it is not necessary, it would be better to draw up the contract with the help of a notary.
Attention: the passage of money must be traceable (check or deposit to the current account), this in order to demonstrate that the loan actually took place as foreseen in private writing, so the “circle” closes.
Tips on how to get a loan with bills immediately, in a week
Having ascertained that the loan with bills between private individuals is the only really quick way to get the money in hand within 24 -48 hours, we can now go on to discuss the other possibilities.
Here are our tips on how to move to get a fast loan.
Be aware that changeable loans need collateral
Almost a commandment: it enters the perspective that the bank has as its sole objective to get back the money lent and get it back with interest, all while limiting the risks to the maximum! There is no other short-term end. So keep in mind that you are the customer who wants to buy the money they have and who wants to sell to make profits. This only works if you prove to him the facts that you can pay back the loan money with lots of interest.
Get help from a financial advisor
If you know a good financial advisor contact him immediately, it will cost you a bit, but will increase exponentially the chances of success.
A good credit broker can open doors that you could never even imagine. Of course, they cannot work miracles but they know the banks and their way of operating (and sometimes even those who work in the bank). If there is a possibility, with the support of an expert consultant, it is likely that everything will go well.
If you don’t know a good financial advisor, read on, otherwise give up everything and call him… you were in no hurry?
Search for multiple entities and individuals that provide fast-changing loans
Draw up a list of all the different banks in your area, then call each of them and ask to speak with the manager or in any case with the loan manager.
Before giving you an appointment he will probably want to know what is the amount of the loan that you intend to apply for and how you plan to repay it. Be prepared to be told that they do not make loans, for this reason, I suggested to you, to make a nice long list.
Draw up a list of your foreclosures
Give value to your signature on the promissory note. Remember, if you want to be taken seriously by those who should lend you money as a guarantee of the signature of one or more bills of exchange, you must prove that you have seizable assets (of a value greater than the loan you intend to apply for).
Use your severance indemnity as a guarantee
Know that if you are an employee you can use the severance indemnity ( severance indemnity) as a guarantee, but remember that it is not entirely repossible. Unless you have set aside a very large sum, if you have only TFR to offer as the only guarantee, you will not be able to ask for much money. This is because, the severance indemnity can be seized by law up to a maximum of 20%, i.e. a fifth of the entire accumulated amount.
Having said that, if this possibility is sufficient to satisfy your needs, then why not apply for a loan with assignment of the fifth? Why sign executive titles? If unfortunately an unforeseen event occurs and you do not pay the installments, whoever has the promissory note can send it in protest and the consequences are heavy: foreclosure of the assets and ruined credit reputation.
How does a fast loan change
For each fast loan, the installment to be paid is equal to the bill of exchange which is the guarantee that the bank or private individual has to grant the loan money.
At each payment of the loan installment, the bill held by the bank will be returned. The debt will be considered extinguished when all the bills are in the hands of those who requested the loan.
The rapidity of acceptance of the exchanged loans (when the applicant’s equity status permits) lies precisely in the nature of the promissory note, which allows the creditor – in case of non-payment -, the expropriation of personal property, which is used to guarantee the loan.
The greater the collateral, the faster the loan approval rate. Especially if managed privately, you can get money from 24 hours to a maximum of 3 days.
After a few days from the request, if everything went well, you will usually receive confirmation of the crediting of the money, and it is at this point that you will have to pay more attention: the banks grant two months from the disbursement for the payment of the first bill which from the first issue must be in order with the payment of stamp duty.
The regularization of the stamp is of primary importance; this lack can push the bank to expropriate the assets placed as collateral. In fact, it is the affixing of the stamp on the promissory note that makes the enforceable title, without it the promissory note cannot be paid: the tax amount is proportional to the value of the promissory note and corresponds to 12 per thousand of the value of each coupon.
Fast loans with bills: is it possible to get them from a bank?
It is possible, of course, to request a loan with urgent bills of exchange from a bank, but the loan application will hardly be accepted. Here because…
First of all, there are very few banks or financial companies that currently offer the possibility of applying for a loan with a promissory note. The reason is given by the fact that the Institute always prefers, except in very special cases, to propose one of the traditional products such as personal loans, assignments of the fifth, mortgage or unsecured loans. These solutions, are preferred by banks and financial institutions, this is because the risk of outstanding payments is lower, in fact, such loans are only possible when you have a demonstrable monthly income.
Another reason that often induces the bank not to issue loans with bills of exchange, is due to the fact that, usually, those who request to use this form of financing to replace traditional loans, is because they cannot access normal financing, perhaps due to a previous protest or a report to the CRIF. In these cases, therefore, it is normal for the bank to consider this operation too risky and deny any form of financing.
Where to apply for loans changed?
But are there any banks that offer this form of financing? As anticipated, banks offering bills of exchange are really a rarity. To ascertain the situation, all you have to do is go to the local banks and ask if and how you can get a loan with bills.
In the event that you can find a bank that offers the possibility of applying for a loan with bills of exchange, you should still know that this will not be a quick process.
In fact, even if they offer this line of credit, before they can issue the requested sum they still need to do a credit check, moreover they must evaluate the guarantees that the applicant gives. In fact, even in this case, a stable monthly income or a property on which you can take out a mortgage cannot be missing.
The loan with bills cannot be implemented when there are no guarantees. Banking institutions need to have the certainty of being able to repay the amount lent, in the event that the debtor does not regularly pay the installments or in this case the bills.
In conclusion, applying for a loan to a bank has been very complex since this is a tool that is falling into disuse. Not only that, even if there is a financial institution that provides it, however, the times will be long enough, because this will have to make several checks before deciding whether or not to pay the requested sum.
Alternative to banks: the loan with urgent bills of exchange between individuals
Yes, you got it right, the loan with urgent bills of exchange is possible and it is perfectly legal even if it is provided by a private individual, better if a friend or relative who has economic resources and a lot of trust in you. I recommend not to rely on strangers who promise easy and unsecured loans, you could risk getting into serious trouble.
As mentioned, the loan between private individuals with bills of exchange is provided for by Italian law, therefore the transfer of a specific sum from one subject to another can take place in total tranquility. The only obligation to be fulfilled by the creditor is the communication to the Revenue Agency through the Income Statement, of the issue of the loan. If you want more information, I suggest you read the article Loans exchanged between individuals.
This solution can allow you to get the amount you need quickly. Of course, to receive it, it will be necessary to issue, towards the friend or relative who lent the money, bills signed and marked in each field, accompanied by a stamp. These must then be delivered to the creditor, who in turn will use them to obtain the payment on the due date.
This solution is not always feasible, but it turns out to be the only way to get a loan changed quickly.
Alternatives to changed loans
Are there alternative solutions to financing with urgent bills of exchange? If you have protests or reports to the CRIF, and for this reason you had thought of a loan changed, only for those who have a permanent contract is it possible to think of alternative and more accessible solutions. For example, for this type of worker it is possible to request the assignment of one fifth of the salary.
The assignment of the fifth of the salary or pension
The assignment of the fifth of the salary allows the finance company to obtain the payment of the installment directly to the company or public administration for which the applicant works. In this way, he is sure that the installment will be paid on time every month. This solution provides longer times than a normal loan, but it is certainly a simpler alternative to pursue, compared to the use of bills.
The personal loan with guarantor
If you have a permanent contract, you can also adopt a second solution, namely the loan with guarantor. In this case, the bank can be asked to access a personal loan even if there are protests or reports to the CRIF, this can only happen when the person reporting as guarantor has an immaculate credit history and an indefinite salary or pension.
These two alternative solutions to the urgent change loan, however, require checks by the credit institution, therefore it is necessary to contact the bank in person to evaluate whether or not there are the requirements to be able to obtain the loan.
Loan with bills: advantages
- Especially when managed between private individuals it is a very fast and easily manageable loan
- It can also be requested by those who are registered as bad payers in the public register – CRIF
- If there is negotiation, in some cases the same may have a lower interest rate than other types of personal loans
- In case of difficulty, the bills of exchange can be renewed if the counterparty approves
Loan to bills: disadvantages
The biggest disadvantage that can be encountered is that in the event of non-payment of one or more installments of the loan, the creditor can send the bill in protest. In that case, many problems arise. In addition to seeing the assets necessary to cover the entire loan plus interest and obviously the default costs, the protest also triggers the much feared reporting to the risk center. In short, it will be even more difficult if not impossible to have other loans.
Disadvantage: higher costs than a normal personal loan, this is mainly due to the fact that, who comes to ask for a loan with bills, does it because he has no other alternatives and is therefore in a position where it is practically impossible to negotiate on interest and ancillary costs. Not many institutions are interested in providing these types of funding, so… take it or leave it. In addition to what has just been said, the cost of the stamp must be taken into account, which we remember is 11 per thousand for the promissory note and 12 per thousand for the promissory note plus any possible preliminary fees.
Another disadvantage – especially if the sum requested is significant – is that the bank does not consider the bill of exchange sufficient to grant the loan. In fact, not infrequently, credit institutions exert strong pressure to involve a guarantor and even take out a life insurance policy (so they sell that too).
If in fact, the bill of exchange constitutes the instrument that allows the bank to seize the assets of the insolvent customer, certainly it will not be sufficient to satisfy the bank’s thirst for certainty. In fact, before concluding a financial transaction, the credit institution always makes sure that it has all the necessary guarantees so that the debt can be extinguished. Sometimes, even regardless of the possibility of foreclosure of assets, which by their nature are not eternal.
Fast loans without bills: timing
If fast loans with bills of exchange have more or less rapid timings as appropriate, there are other financial instruments that can meet, sometimes even more quickly, your needs. Everyone has his own waiting time; if the urgency of money can wait a few days, it will be good to evaluate all the prospects that the financial market can offer you.
Quick loan installment dachshund
7 Days: the Dachshund installment loan corresponds to the assignment of one fifth of the salary, therefore only public and private employees or pensioners can access it. It has a very low rate, around 4%.
Instant online loans
24 hours: immediate online loans are granted to public and private workers or self-employed workers, as well as to pensioners. They have a rate, usually fixed which is between 8 and 10%.
Loans for housewives
3 weeks: loans for housewives are granted to housewives without guarantor, in the case of small personal income, or with guarantor otherwise. Rates rise to 11-14%.
Loan with revolving card
3 weeks / 1 month: the loan with revolving card is available for housewives and students, without a paycheck, which can request a maximum of $ 1,500. Rates are still rising at 17-19% due to the absence of guarantees.
Government Agency / social security loan
Variable delivery time; the timing is longer if the form is not delivered directly to the competent office but to a partner institution. The Government Agency small loan is intended for social security employees or retirees formerly of Government Agency. The overall interest rate is 5%.
Trying to get a fast loan with promissory notes may seem the best solution in the immediate future, but before embarking on this path, our advice is to deal with your real availabilities.
Bills of exchange should be the last of the options to use if you need money because they are highly penalizing in case you find yourself in difficulty with the payment of one or more installments of the loan.