Montepaschi, suspension of payment of installments due in 2009
The crisis is felt. The increasing precariousness and, proportionately, there is a growing opportunity for borrowers to lose their jobs. To cope with the economic crisis that is putting at risk the ability of families to support the weight of loans, born dele facilities for families.
After Unicredit, the Montepaschi Group launch, from the beginning of new year, a program that allows borrowers to suspend the payment of installments due in 2009, at no additional administrative or notary.
Who will benefit from this course?
All families who have a mortgage for the purchase and renovation of the first house with Banca Monte dei Paschi at Siena, Banca Toscana and Banca Antonveneta and highlighting difficulties in paying the installments.
In addition, borrowers will have another choice: you can opt for a solution that provides for the payment of only part of the interest rate on expiring in 2009. The Montepaschi Group reserves the right to evaluate the possibility to extend this program to families who are in arrears of installments.
The crisis offers no respite:
“The policies adopted – says Carlo Pileri, president of adoc – have damaged the public and consumers have to pay them. The expenditure of households with an average income has declined over the last year, by 2-3%. The crisis in consumption affects not only the secondary and luxury goods but also the primary goods, especially food and catering, and the fall in consumption of Christmas is a further testimony to the hardship experienced by families. “