Loans with payroll: all the possibilities for employees.

The employees of the public and private sectors have a valuable ally to request a loan, your paycheck! In this article we will talk about two particularly advantageous formulas: Assignment of the Fourthe and Loan Distributed. Let’s find out how they work and how to make the most of the potential contained in your salary to finance each project in a safe, profitable and always sustainable way.

The benefits offered by payroll

The benefits offered by payroll

The availability of a safe and continuous source of income is an added value for those looking for a loan. In fact, there are formulas dedicated to employees of public bodies and large private companies that offer loans at advantageous conditions.

The most popular and requested formula is undoubtedly the Cession of the Fourthe which, in addition to being granted quickly, thanks to the electronic management of the request, protects the customer’s quality of life  with installments that are always in line with one’s own income capacity and a very convenient return system.

Assignment of the Fourthe for public and private employees

Assignment of the Fourthe for public and private employees

The Assignment of the Fourthe is a form of loan closely linked to the pay slip, not only because it is granted to employees, the public and private sector but also for the processing of the installment which is carried out starting from the net fee.

We summarize its characteristics briefly:

  • is a loan with a fixed rate and not finalized, since it is not necessary to provide documentation (estimates, invoices) attesting the use of the amount received;
  • grants up to $ 75,000, with installments ranging from 24 to 120 months;
  • the installments never exceed 20% of the net payroll, which is exactly one Fourthe of the salary ;
  • monthly payments are automatically withheld from salary;
  • it is also open to protesters and bad payers, without the need for guarantors or mortgages, only payroll is needed;
  • is complete with insurance coverage.

How is the Cession of the Fourthe installment calculated?

How is the Cession of the Fourthe installment calculated?

As we have just seen, one of the main advantages offered by loans with Spesk de Dalpo is the fact that we always provide installments within our reach. Starting from the value of the pay slip it is possible to calculate the maximum installment of the Assignment of the Fourthe for employees of the public and private sector, just take the value of the salary net of deductions and divide it by 5. On a net salary of $ 1,253.85 the for example, the maximum rate will be $ 250 per month ($ 1,253.85 / 5 = $ 250).

But what to do if the liquidity granted by the Fourthe Assignment is not enough? The pay slip proves to be a valuable ally also in this case, because it can pave the way for a double Transfer of the Fourthe through the Distributed Loan formula.

Employee Distributed Loan: What is it and how to get it

Employee Distributed Loan: What is it and how to get it

The Loan is a financial instrument reserved for employees. This is a fixed rate personal loan that retains all the advantages of the Cession of the Fourthe, doubling the maximum installment, which can reach up to 40% of the net in envelope. To obtain it, the employer’s consent is required, or the agreement between the institution providing the loan and the administration where the applicant works is present.