Loans for housewives: what has changed?
Loans for housewives : fortunately things are changing, in fact, there are different solutions offered by banks also regarding loans for housewives without a paycheck to guarantee the financing.
The problem remains the same: unfortunately this category does not offer standard guarantees such as the salary of a permanent worker, but if some basic characteristics are respected, there is a good chance of obtaining it.
Obviously the first condition sine qua non is having a past without shadows from the point of view of credit: if you have protested the possibilities are really zero.
Amounts and characteristics of loans for housewives
Once it is established that you are in a position to apply for a loan for housewives, you have to deal with the amounts: we are around maximum 3000 USD. A decidedly not large figure, but which can still allow a purchase or help in case of immediate difficulties.
In general, those who take out loans without a paycheck do not require a repayment with important and rigid installments like those who have it. If the loans are below a certain threshold, the financing takes place through a revolving card.
What is a revolving card?
It is a type of credit card that instead of scaling purchases all together at the end of the month, like normal cards, installs the amounts in small numbers, for example 40-50 USD per month, so as to allow even those who do not she has a substantial personal income, like a housewife, to cope with the restitution.
To “repay” the risk they run, banks put rather large interest on this type of loan, so it is better to pay attention and read the conditions carefully in case of stipulation.
Is it necessary to have a guarantor?
If a housewife who still has a small job and therefore some source of income is applying for the loan, it is not necessary. But if a housewife who works exclusively inside her house is in need of a sum of money, unfortunately it is necessary to have a co-obligation, who has an income from employment or a pension: and this is a requirement that cannot be avoided.
The fact remains that loans for housewives are still an excellent possibility to access a credit that would otherwise be denied.