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The INPS has officially announced a series of changes that will affect the interest on employee...
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2020-01-16 09:40:32
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2020 Assignment of the fifth: changing interest rates

All the rates in detail

The INPS has officially announced a series of changes that will affect the interest on employee loans (both of salary that the board) for the year 2020. Changes in the mean effective global rates have been applied as of January 1, 2020, and will continue until March 31, 2020. Let's see in more detail how the view changes.
For loans up to EUR 15,000, the average rate is now 11.45%, while figures for over 15,000 Euros will go to 7.99%. As for pensioners, the threshold APR rates for loans from affiliated brokers will be as in the diagram below:

  • to 59 years: 8.51% for loans up to 15,000 EUR / 6, 73% for loans above EUR 15,000;
  • 60 to 64 years: 9.31% for loans up to 15,000 EUR / 7.53% for loans above EUR 15,000;
  • 65 to 69 years: 10,11% for loans up to 15,000 EUR / 8.33% for loans above EUR 15,000;
  • 70 to 74 years: 10.81% for loans up to 15,000 EUR / 9.03% for loans above EUR 15,000;
  • 75 to 79 years: 11,61% for loans up to 15,000 EUR / 9.83% for loans above EUR 15,000.

The INPS states that "age classes include the minimum age class birthday. In addition to the age must be understood that matured at the end of the repayment plan."
As we saw in a previous article, the sale of the fifth is a great way to get credit for any retiree. The pensioner status is in itself an important guarantee for the banks, which therefore require less bureaucracy and documentation. It is on balance one of the easiest loans to get. A major advantage is of course the repayment arrangements, which falls directly on their own schemes, automatica

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