{"id":16162,"date":"2022-09-25T20:54:07","date_gmt":"2022-09-25T18:54:07","guid":{"rendered":"https:\/\/expateuropa.com\/?p=16162"},"modified":"2022-09-25T20:54:08","modified_gmt":"2022-09-25T18:54:08","slug":"payday-loans-in-italy","status":"publish","type":"post","link":"https:\/\/expateuropa.com\/payday-loans-in-italy\/","title":{"rendered":"Payday Loans in Italy"},"content":{"rendered":"\n
Italy is a country of admiration occupying the peninsula of the Mediterranean Sea. It comprehends a variety of beautiful scenic landscapes on the earth, awarding it the common description of a boot-shaped country. Although Italy has a history of independence and self-sufficiency, residents are still engrossed in urgency for money. Therefore, payday loans in Italy are the saviors for emergencies. The emergencies may include home repairs, car repairs, holiday trips, paying for insurance<\/a>, and urgent medical bills. Moreover, it saves from the frequent embarrassment of lending money to friends and relatives.<\/p>\n\n\n\n Payday loans are short-term money lent to borrowers at a higher interest cost within the shortest time. The loans are usually a small amount of money available through online or storefront lenders. The due dates for repayment are regularly set in the payday agreement, ranging between two weeks to a month. The lender issues a postdated check for the entire debt to repay or permits an electronic bank debit. The loans are quick and easy to acquire, greatly reducing the tedious paperwork and traveling to the banks.<\/p>\n\n\n\n Payday loans are available to Italians and foreigners who can meet the demands set by the lenders. To qualify for the money, an individual must be above 18 years old but not exceeding 75 years old. Besides age, a valid identity card of the borrower is essential for verifying personal details. Apart from that, the debtor must give proof of income.<\/p>\n\n\n\n Moreover, the proof is to ascertain the capability of the borrower to repay. Similarly, the borrower must produce bank account particulars for depositing the money. According to Italy, it is appropriate to lend money to Italian residents. In the case of foreigners, a residence permit is compulsory.<\/p>\n\n\n\n Due to the quicker online access to lending companies, getting payday loans in Italy is straightforward. The first step includes identifying and verifying personal details such as date of birth, correct names, residence address, date of birth, and social security number. In addition, the borrower is required to present income documentation. The employee, for instance, issues pay stubs reflecting monthly earnings. However, unemployed borrowers provide a pension letter or a letter of security for a disability.<\/p>\n\n\n\nWho can Borrow Money from Payday Loans in Italy?<\/strong><\/h2>\n\n\n\n
Are There Procedures for Getting a Payday Loan in Italy? Yes.<\/strong><\/h2>\n\n\n\n