The sale of the fifth salary is one of the most widespread forms of financing not finalized for employees.
It is regulated by the Law 180/50 relative to the assignment of the fifth salary.
The repayment is made through constant monthly installments, according to the predefined plan, paid directly by the employer who undertakes to comply promptly with repayments.
The loan is issued to employees of any type of company: public bodies, large and small private companies.
To take advantage of this type of financing, you just need a paycheck to guarantee it. There is no need for guarantors, sureties or the signature of any bills.
In addition, protests or foreclosures may coexist in some cases.
• Amounts to be financed from 1,000 to 50,000 euros (on the basis of the applicant’s income).
• Purpose of the loan not required.
• Fixed rate.
• Reimbursement from 12 to 120 months.
• Employee work (both from public bodies and private companies).
• Minimum working age 6 months.
• Payable installment up to 1/5 of salary.
• Even with foreclosures or protests.
• Refunds with payroll deductions.
• Customizable amounts.
Follow this simple procedure: send your loan request through our online quote request form.
You will be contacted by our consultants who will provide you with all the information regarding the requested financing (installments, rates and documentation to be submitted).
RETURN METHOD AND REIMBURSEMENT
In order to assess the feasibility of the transaction, it is necessary to provide Prestitiperte with information regarding the demonstrable income and the required documentation.
The settlement of the file will take place in a single payment by bank transfer or check made out to the applicant.
The payment of installments is direct and automatic with a deduction of the amount on the employee’s paycheck.
The portion transferred for installment repayment may not exceed one fifth of the net salary.