MonthMarch 2019

To accumulate two loans Housing Action when there are 2 borrowers

It is not uncommon for a couple of borrowers who meet all the conditions to qualify for the employer loan to get help on their own. The right to the Action-Logement loan (called since 2010) is indeed attached to the employee and not to a real estate project. However, restrictions may be imposed by the collecting company or body in the attribution rules .

Reminder of the conditions of obtaining

housing loan

As part of the purchase of a home, it is possible to obtain a maximum loan of € 10,000 to € 25,000 depending on the sector of acquisition (the amount may be increased if you are the object of a professional transfer ).

If you are a couple and you benefit from two employer loans, please note that their respective amount must not exceed one third of the purchase price, including notary fees. This amount is limited to € 10,000 for renovations.

Concerning the employee

To benefit from the employer loan, you must work in a company with more than 10 employees. Your income must be less than the Social Rent Locative Accession ( PSLA ).

Note : persons retired for less than 5 years and non-salaried workers who rent social housing can also benefit from it.

Regarding housing

Regarding housing

The dwelling must be used as a principal residence. If you are a homeowner and considering a job, the job must meet one of the following requirements:

  • To enter the framework of the works subsidized by the ANAH the National Agency of the Habitat.
  • To be aimed at improving energy performance
  • Bring on expansion (of at least 14 square meters) or improvement of existing dwelling .

Note : the employer loan can be used to redeem the spouse’s share in case of divorce.

The decision belongs to the entrepreneur

The employer freely decides to allocate all or part of the available envelope to rental housing or to home ownership.

Thus, in the case of joint applications by a couple of borrowers , the request may only result in one of them because of the policy pursued by one spouse’s business (allocation of funds rental assistance).

On the other hand, be aware that it is possible that by the time you make your request, the available envelope has been distributed in full.

money borrower

Finally, the rules of attribution flat to the head of company, this one can entirely decide to refuse the aid to the borrowers whose husband would already benefit from a loan Action Housing. It is therefore necessary to inquire with the company to know its policy of attribution in matter of employer loan.

An example of attribution: employees of the electric and gas industries

Action Logement loans for the 170,000 employees of EDF or GDF are managed by Cigere Energies. The share allocated to home ownership is reserved for a first-time homeowner (except in the case of a professional transfer in a new geographical area). Some of these aids are called ” open rights “, ie they do not require any agreement from the hierarchy.

  • Tenants : access to social rental housing, guarantee and advance Locapass
  • Owners : financing of works up to € 10,000 (€ 16,000 if adapting housing to people with disabilities)
  • Candidates for accession : loans up to 35 000 €.

 

Payday loans below 3000 Euro also possible with neutral trade

 

Payday loans are already available from 1000 € loan volume. Mostly, the application for such “small” loans is possible quickly and easily. A loan below 3000 euros is often synonymous private creditneutral in the form of a loan without private credit realizable. Because many consumers do not always need high loans or loan amounts. The request for high or Payday loan amounts depends entirely on the purpose of the money.

The optimal conditions received

Particularly important in a loan is that the loan application receives the terms that the borrower really seeks. As a rule, these are installment loans, with installment payments being coordinated according to the wishes of the consumer. The terms are variable and are offered from 12 months to 48 months, depending on the bank. It can vary from bank to bank. Loans with a rather low volume are particularly suitable for quick or slightly slower paying off with the smaller installments.

Find the right bank

Find the right bank

The choice of which bank to accept the microcredit, ultimately left to the consumer. In general, the loans are tailored very customer friendly. It is worthwhile not to take the first best-sounding loan offer in any case. Even with Payday loans it pays to always compare the interest rates of banks, because here you can save money.

Payday loan without private credit

private creditneutral loans are usually given up to € 3,500. Thus, such loans can always be regarded as Payday loans in principle. An advantage for people who want to avoid entries in the private credit or have a credit check by the bank already a negative entry.

How do I know what data is in my private credit

The personal data and their creditworthiness can be obtained free of charge, but must be sent as a letter with a valid copy of the identity card to the private credit.

Which conditions must be met?

Small loan without private credit

Each bank has certain requirements and different credit criteria that lead to the desired Payday loan or even a rejection. Who alone does not get credit at the bank, it should try with a guarantor (guarantee by co-applicant). If the guarantor can meet the terms of the loan application, then nothing should stand in the way of a positive loan commitment.

What should be respected

The borrower should be careful, for example, if high processing fees arise even before borrowing. It is also worthwhile to read the small print in Payday loan agreements before signing the loan agreement. The requirements in the contract should always be read first. If the applicant meets the bank’s requirement and can prove a good credit rating, he certainly gets his Payday loan under € 3000 from the bank. Should there be any problems with de Bank and you can not find a suitable bank, you still have the opportunity to find out about possible alternatives such as a pawnshop or a loan from private.