There is a difficult condition to live especially when you want to ask for a loan: that of the protestor
What are we talking about exactly? What is the condition of the protest and, above all, can it borrow?
Let’s start from the base. The protest, according to Wikipedia , is that public act in which a bill or a check is presented to the debtor and the relative refusal to pay or accept the title . In other words, the protest verifies by a notary or a bailiff a non-payment and allows those who have the right to obtain the sum.
This means that the protested person, or the person affected by the protest, will be forced to pay the amount and will suffer a series of rather serious consequences. First of all it will be included in the list of Protestants of the CAI , Interbank Central Alarm, and will have difficulty in obtaining a loan.
We are particularly interested in the last point. Loans to protesters are difficult to obtain because it is assumed that the delay in payment can be repeated, and that the person already affected by a protest is a bad payer.
Loans to protesters: it is possible with the assignment of the fifth
It seems like a final sentence for your loan, but there is a remedy for all this. There are forms of credit that can overcome the obstacles of protesters: the simplest and most immediate is the famous cession of the fifth .
In fact, among the characteristics of the salary assignment, there is the agreement stipulated between the institution providing the loan and the employer . At a time when the protestant requests the loan and chooses the fifth assignment formula, the creditor draws from the debtor’s pay slip and overcomes any risk of insolvency.
The salary assignment can be requested by public and private employees with an indeterminate contract active for at least three months. Consequently, the 20% (one-fifth) installment of the fixed salary can also be a guarantee for protesters who request a loan.
There are people who ask for loans to afford a trip, to support a pleasure expense or a medical journey , there are people who want to buy a new car and others who, unlike others, want a loan to start again . This is why loans to protesters are possible.