Government Employee Loans – Instant online quote

The financing alternatives that employees in the public sector can choose from are enriched by the existence of specific loans for civil servants .

However, these have access limits, with mandatory requirements that may limit their use, as in the case of multi-year guaranteed or unsecured Inpdap loans. Both constitute a further alternative to the transfer of the fifth by presenting almost identical characteristics but at much more advantageous conditions. (Also read more about Transfer rates of the fifth ).


Dedicated or accessible to all?

government loan

Undoubtedly, in the case of state employees, both by contacting some “normal” banks or financial companies and those affiliated to guaranteed long-term loans, better conditions are obtained compared to private employees. However, among the most careful banks in reserving special conditions we find Onicredit and Nicelink Bank .

There may be limits for some employment contracts, as in the case of requests for the assignment of a fifth for employees with a fixed-term contract . Here, too, the possibilities are not lacking, but they become much less frequent, which makes it easier to find particularly convenient conditions at times.

Among the financial companies that offer assignment of the fifth to employees with a fixed-term contract we can mention Fiditalia which provides for the only duration limit imposed by that of the existing contract.

Logically, whenever possible, it is always better to choose specific loans, such as the aforementioned small loan and the unsecured multi-year loan , which reserve rates unmatched by any bank or financial institution. The important thing is to be careful to acquire the minimum necessary requirements that make this specific category accessible, given that there is a minimum length of service and contribution to the Unitary Management Fund for credit services.


What requirements are needed?

employee loan?

Retirees must apply for membership in the Fund with their retirement application, while civil servants can do so at any time. The contribution to the fund must however have started (for pensioners it is 0.15% and for employees 0.35%).

For the small loan, for example for former Ipost employees, a minimum of 2 years of payments to the Fund is envisaged . For multi-year loans, however, it rises to 4 years, which are halved only for the disabled or medaled for military valor or war maimed.

Both can also be requested by fixed-term workers, but for multi-year loans the term contract must be at least 36 months, and the maximum duration of the loan equal to the period that is missing to its term (for example a 5- year contract allows to obtain a duration of 5 years).


How do you request it?

loan request

The process changes according to whether they are ex Ipost or ex Inpdap and according to the type (long-term unsecured, direct or disbursed by banks and financial companies without particular agreements). In the event that the application passes through the INPS (the only ‘contact person’ after the absorption of Ipost and Inpdap), the electronic submission is foreseen .

The simplest procedure for the small loan is through the self-service function of submitting the request on NoiPa using the tax code and password, or the Service Card. However, both on Inps and on NoiPa it is possible to make simulations to evaluate the impact of the installment that should be repaid.

If, on the other hand, you go to banks that have an agreement for long-term loans (those companies that have been authorized on the basis of Article 15 of Presidential Decree 180/50), you must follow the procedures indicated by the banks themselves, returning to a condition very similar to what banks or non-affiliated companies reserve for civil servants. Similar procedures also apply to renewals, without prejudice to the limits imposed by the various regulations.

Mortgage loan: How to apply for it and how to get it

The mortgage loan is a financial solution capable of raising itself as a pleasant alternative in the context of Italian financing choices . It is in fact a solution through which it will be possible to obtain a rather important capital, with equally significant fruition and customization options. Let’s try to understand how it works, what its main features are, and where it is possible to make such a request.


Mortgage loan or mortgage credit

Mortgage loan or mortgage credit

The mortgage loan, also called mortgage credit, is a loan that makes use of the necessary underwriting of the mortgage on a real estate property, in order to obtain a desired capital. It can also be used as an annuity loan, a mortgage for liquidity or in the most common form of home loan, therefore it is a solution based on the possible registration of a mortgage guarantee on the property owned by the person requesting the loan.


Is the mortgage loan convenient?

Is the mortgage loan convenient?

The mortgage loan is all the more convenient the larger the capital required. Therefore, this is the best solution for disposing of sums from 50-60 thousand euros upwards, and for all those who wish to repay the capital within an amortization plan lasting between 5 and 25 years.

On the other hand, due to the costs necessary to proceed with the registration of the mortgage guarantee, the mortgage loan can be inconvenient for those who choose to borrow in small amounts, and for those who could have greater satisfaction by applying for a common personal loan.


How to apply for and obtain a mortgage loan

How to apply for and obtain a mortgage loan

As can be easily understood, in order to request the preferred type of mortgage loan , in addition to the personal and income documentation (useful for identifying the applicant and understanding if the same has the right creditworthiness or not), it will be necessary to deliver to the lender also a series of documents relating to the property on which you want to take out a mortgage.


Various forms of mortgage loan

Various forms of mortgage loan

As mentioned above, there are numerous forms of mortgage loan currently available on the Italian market. Consider, for example, the possibility of being able to access a traditional home loan, with the bank that will disburse an amount equal – usually – to a maximum of 80% of the value of the property to be purchased or renovated.

Or even think about the possibility of obtaining a liquidity mortgage , with which the client of the lending institution will obtain a sum of money useful for making personal and family expenses, being able to obtain an amount proportional to the value of the property subject to mortgage . Finally, think of the lifetime loan, a loan that allows you to obtain a sum proportional to the value of the property, for the main benefit of subjects of rather advanced age.


Where to apply for the mortgage loan

Where to apply for the mortgage loan

Nowadays it is possible to apply for a mortgage loan at all the main banks and financial institutions, where you will certainly find a wide range of useful opportunities to be able to meet your credit needs. Consult carefully the information sheets, the contractual conditions, compare them with competitors and … give vent to your new life projects!

Credit despite low income

As everyone can imagine, getting a low-income loan is not very easy. If you have hardly any money to live with, you will hardly have anything left to repay a loan. However, it is not impossible to get a loan, even if it will not be very high.

Creditworthiness is not only dependent on income

Creditworthiness is not only dependent on income

Many think that those who have a good income will automatically receive a loan. That’s not the case! Income alone is not enough to question creditworthiness. Even low-income earners can score points at banks and receive a loan. If, for example, the borrower owns a property or a life insurance policy with a high surrender value, he can score with his creditworthiness. Those who earn just under 1,200 USD, but do not have to pay rent, often have more advantages than someone who earns 2,000 USD and still has to pay the rent. In addition, guarantees can ensure that a loan can be taken out despite low income.

How can I apply for a loan despite a low income?

How can I apply for a loan despite a low income?

The path should lead to the house bank in order to have an extensive conversation there. The applicant should draw up a budget in advance. Income and expenses are noted there and counted against each other. This way you can see whether there is really any money left for monthly payments. In addition, the latest bank statements and the employment contract are requested. A clean credit bureau must be available. If you have too many negative entries there, you will not receive a loan despite low income.

Bank refuses credit – what to do?

Bank refuses credit - what to do?

In some cases, all collateral is not used to obtain a loan. The requirements are very high and not everyone can meet them. If all else fails, there are other options. On the one hand, private lenders can be found on the Internet on special platforms. However, these loans are offered at high interest rates, so you should be very careful here so that you don’t get into debt. Another way leads to your own family or friends. It is not uncommon for them to be asked about a small loan. This is free of interest. However, a loan contract should still be drawn up so that no disputes can arise later. A monthly rate can also be agreed, which does not make the financial situation worse.