In the head of young people there are many dreams: to have their own house to become independent, to tie the blanket to the head and to travel the world, to be able to buy that car or that motorcycle whose photographs have looked a thousand times , etc. It also has more practical plans such as studying a master’s degree to complete studies or opening a business with which to make a living. What all these ideas have in common is that money is needed to carry them out and not always young people, or rather almost never, have a comfortable economy that allows them to make them a reality. That is why there are many who come to apply for some of the loans for young people offered by different financial institutions.
Fixed payroll or Assets
If for a more adult person, who usually has more work experience and relative economic stability, it can be difficult to find financing, for young people it is also, and even more. Play against young people who do not usually have a fixed payroll or assets that serves as collateral, so sometimes they are forced to turn to their parents as guarantors to obtain one of the loans for young people. In their favor they have to be newly incorporated into the world of finance, their credit history will be good and it is more difficult to be in the lists of delinquents, such as Asnef, of which It is easy to get in, but more complicated to leave, and that you turn off the credit tap in most banks.
Aware that young people may have more difficulties in obtaining funding, politicians wink at them by launching proposals aimed at improving the situation. One of the last was Susan Williams, president of the Instant Care Finance, which proposed to grant a loan of 24,000 dollars as a form of “economic support to all young people” so that they could study postgraduate studies or complete their supplementary academic training. The idea was that the credits would be granted through the administration of the State at zero interest and the young people would not have to pay them back until they had sufficient income. Unfortunately the initiative did not materialize.
Loans for young people without payroll or collateral
While the authorities do not decide to promote a loan program for young people, if you need financing you can go to online loan companies such as MyCredit Lender. Anyone who has turned 18 can enter the website and fill out a simple form will know in a few minutes if your loan has been granted. You can get from 750 dollars to 5,000 dollars in a short space of time and without complicated procedures. Because when it comes to getting your long-awaited dream or to carry out an idea, the fewer obstacles you find on the road, the better.
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