The short-term loans
110mila are about families with problems of insolvency for the expensive loans, 420mila are those in difficulty to an audience of about 530mila families, said the chairman of this year Antitrust.
This is not the best time to take out a loan, yet resistant to infection of the crisis of subprime loans (compounded, for Europeans, a system of interest rates moderately high), the loan in the short term, turned over 10 years.
It is not so easy to succeed in obtaining a bank loan repayable in ten years; lenders do not grant loans with rates that exceed 30% of monthly income. So, asking to be paid 100 thousand Euros in 10 years, you can get with a salary of at least 3 thousand Euros net per month. You pay less interest on installment, the loan is repaid quickly, but the rate is very high because of the share capital (debt without interest) to be significant.
However, according to the readings of MutuiOnline.it Observatory, disbursements of this type of financing have reached 9.2% of the total compared to 8% at the end of 2007. It seems a modest figure compared to the loans to be repaid in 30-40 years they represent, instead, the 34.9% of the total. But this positive change indicates that more and more Italians now prefer repayment plans shorter.