Apr/090
Pre-contractual information and Factsheets
Only to ensure transparency of operations and financial services (ICRC on 4 March 2003, a discipline that pursues the goal of making known to the customer which are the essential elements of the contractual relationship, with the resulting movement and the maintenance of market competition financial), the banks also choose to bring the so-called customer information sheets, which provide detailed information about the financing.
This information sheet, are dated and timely updated, contain all the information necessary to ensure the customer and are structured as follows:
- Information intermediary. Are given identification of the intermediary, including header and legal form, registered office and administration, internet address, ABI code, registration number of the overall list, or in the special of Himalia, Register number Enterprise and for foreign intermediary, any relevant supervisory authorities;
- Characteristics and risks of the transaction or service. It gives a brief description of the structure and function economical transaction or service, and ancillary services provided as well as risks of generic or specific related such as: risks of interest rate, exchange rate, indexing etc …
- Economic conditions of the service or transaction. Shall indicate the price or any other fees, charges or expenses (postage, appraisal, etc. ..), or any criminal record;
- Contractual terms governing the operation or service. ATTENTION draws the customer on terms not economic challenges such as those on a possible withdrawal, time required for completion of the transactions (e.g. loan agreement, say the payment timing of sums), tacit renewals, waivers of liability in favor of the intermediary, of course, following the standard schemes recommended by the Community institutions.
Apr/090
Loan of Hope
According to the Press Release of the ABI, after a presentation that starts from Puglia and initiate an agreement between ABI-Cei, effective from 1 September 2009, which provides for a national programs microcredit for families in difficulty because of the economic crisis living in our country.
This agreement is to facilitate the disbursement of funds in favor of large families, or severe illness or disability, who have lost all forms of income and have a draft re-entering the working world, or by a clerk or by an a business, thanks for a fund established by the CEI itself.
Fund initially with about 30 million, and maintained by a leading national bank operating as cash.
The characteristics of eligible guarantee:
- not exceeding 6 thousand Euros, payable in monthly installments of 500 Euros per month for a period of 5 years, That funding may be extended for another 12 months yet, and for other 6 thousand Euros after being requested by the customer and evaluation of the Bank.
- the Annual Percentage Rate (APR) may not exceed 50% of the average rate of charge (Tegma), on personal loans as the law states n.108/1996
The funding request will transit through the Diocesan Caritas or any indicated by the local bishop, who will have the essential task of careful consideration of requests and the real possibility of meeting the requirements of objective and subjective, everything will be through compilation at the diocesan offices of a questionnaire and the draft back into work, and attach the necessary documentation required by banks.
Lists of the diocesan offices and banks participating will be available directly from 1 September 2009 on the official website of the ABI: www.abi.it
Apr/090
The mortgage for divorcees, a reality only Japanese
Looking for information on mortgages, I came across this video of Tgrealesse that at the end of 2007 presents a new form of mortgage that probably many still do not know.
The idea comes from Japan:
I sought information on the Italian state, but there is still nothing about it.
But I discovered that the Japanese idea was born from the fact that a large proportion of divorced people, rely on credit cards for expenses arising from the failed marriage.
As a result of this trend Japanese banks have decided to organize and propose a financial product (mortgage) with interest rates below the cards.
The name of the loan is called “King” and identifies a fresh start from scratch, just what people want to do just divorce.
In Italy sooner or later arrive?
Personally I think it is only the first step towards support of those people who are struggling to restart after the failure of the marriage.
Only support the costs of separation may not be enough. It would be more useful to a loan that guarantees an amount of money at subsidized rates, covering the needs for at least 6 months after the ruling. Often the cost of maintaining the partner and the children greatly reduce the income, with the consequences.
A temporary loan could help to stall while you search for a job with more money or perhaps a less expensive accommodation and a car.