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Getting a loan without having a demonstrable income with a pay slip might seem like a very difficult undertaking, if not almost impossible. Yet many people, such as retirees or self-employed workers, are unable to prove ownership of an income by presenting a valid paycheck and therefore find it difficult to apply for a loan. Should these people definitely give up the possibility of applying for a loan? Absolutely not!
Nowadays many new types of loans have been created which can also be requested by subjects unable to present a pay slip as proof of their income. You will have the opportunity to take advantage of these types of loans that are designed for those who do not have a pay slip. Poste Italiane is one of the credit institutions that offers its customers a wide range of loans that can be granted even without presenting a pay slip. What are the loan options that you could consider while not having a paycheck? What are the loan application methods? And what are the repayment terms? Are there any requirements to be met in order to be able to apply for such a loan? Let’s analyze these aspects point by point.
Poste Italiane loans without pay check
Poste Italiane grants its customers the possibility of being able to request loans or mini loans even if the applicant does not have a pay slip to present as a guarantee. Very often these are loans characterized by mini sums, but which also give the possibility to those who do not have a pay slip to be able to obtain a small sum.
Poste Italiane’s loans are usually designed for their customers. In fact, often one of the requirements to obtain one of these loans is the possession of a BancoPosta account or a PostePay or PostePay Evolution card . So, if you intend to apply for a loan from Poste Italiane but you do not have one of these requirements, you should first open an account with Poste Italiane or apply for a PostePay card.
Once these formalities have been completed, you can easily apply for one of the loans made available by Poste Italiane following the simple procedure. The loans offered by Poste Italiane, especially the mini loans, are characterized by a fairly simple request procedure , short and fast waiting times and by much more bureaucratic procedures than others. Furthermore, once approval has been obtained, the amount you have requested will be available to you immediately and without having to wait any longer. But let’s examine the types of loans that can be requested by those who do not have a pay slip.
The SpecialCash PostePay mini loan is a mini loan offered by Poste Italiane to holders of a PostePay or PostePay Evolution card. By applying for this loan, you can get a sum ranging from a minimum of € 750 to a maximum of € 1500 which will be credited directly to the PostePay card you choose.
This mini loan is an excellent solution for those who need a small amount to deal with unexpected situations or expenses but do not have a pay slip to present. The characteristic that makes these loans almost available to everyone is the possibility of being able to request them without presenting a pay slip . However, it is obvious that the lack of a pay slip does not mean that the loan applicant has no demonstrable income. However, he must be able to prove a certain amount of income to guarantee the loan and allow him to repay the monthly installments that will be agreed.
The SpecialCash PostePay is a great option if you are self-employed or retired and need a small loan. But let’s see what the requirements are for obtaining this loan.
The SpecialCash PostePay mini loan can be requested by Poste Italiane customers who meet the following requirements:
- Be between 18 and 70 years old
- Be in possession of a PostePay or PostePay Evolution card
- Being resident in Italy
These are the only requirements that Poste Italiane requires to apply for this mini loan. If you have all the requirements we have listed, then you can proceed with the actual request. By requesting a SpecialCash PostePay loan you will get a sum between 750 Euros and 1500 Euros which will be credited directly to the PostePay card you choose; the repayment of the loan amount will take place through the payment of fixed monthly installments which, based on the requested amount, will be of 15, 20 or 24 months .
The interest rate for this mini loan is in line with that of most credit institutions and is quite affordable. The interest rate will also vary based on the amount you borrow. The higher the sum, the higher the rate.
How to apply for a SpecialCash PostePay mini loan? Nothing could be simpler! Simply go to the nearest post office, fill out the appropriate form and hand it to the clerk at the counter. Together with the mini loan application form, of course, you will also need to deliver some documentation that will be used by Poste Italiane to assess your situation and decide whether or not to grant you the loan. They are part of the required documentation:
- Identity document valid
- Health insurance card
- Document certifying the applicant’s income
This is the documentation required if you are an Italian citizen residing in Italy. If, on the other hand, you are a foreign citizen resident in Italy you will have to present other documents that are:
- Passport, to be presented in addition to an identity document
- Residence card or valid residence permit
- Document attesting residence in Italy for at least 12 months (if you work as an employee); or 36 months (if you work as a self-employed worker)
- Document showing that you have been working for the same employer for at least 12 months
Obviously, always keep in mind that Poste Italiane reserves the right to request additional documentation ; in case you need to make further inquiries about your loan request. Once you have completed the request and submitted the documentation, you will not have to wait long before getting an answer. If it is positive, if Poste Italiane has therefore accepted your request, a small contract will be drawn up and in a few days the amount you requested will be credited directly to the card you have indicated.
What about the specialCash PostePay mini loan repayment method? Well, the amount you request must be reimbursed within 15, 20 or 24 months . The repayment will be made through the payment of monthly installments of a fixed amount. The payment of these installments may take place in 4 different ways:
- Paying the installments with debit on the postal current account
- Paying the installments by debit on PostePay or PostePay Evolution cards
- Paying the installments by debiting your bank account
- Paying the installments directly at the post office through postal bills
You can then choose the payment method that will best suit your needs. You must add interest to the total amount of the loan; these will vary according to the amount requested and the length of the loan repayment period.
BancoPosta mini loan
Another option offered by Poste Italiane to those who do not have a pay slip to prove their income is the BancoPosta Mini Loan.
The BancoPosta mini loan is a mini loan that can be requested by postal account holders and holders of a PostePay Evolution card; this loan allows you to request a sum ranging from a minimum of € 1000 to a maximum of € 3000.
This is a mini loan that will allow you to get hold of a small amount; figure that will be useful to deal with unexpected expenses, start small projects or make urgent purchases. It is a loan that can only be requested if you already have a PostePay Evolution card . This is a fundamental requirement to request it; this because, once the loan is obtained, the requested sum will be credited directly to the PostePay Evolution card.
Another of the features that define this loan is the sum of the loan. These are mini amounts, which never exceed the maximum 3000 euros. Moreover, these loans, being characterized by very small amounts, are also easier to request ; they also provide much faster bureaucratic procedures. There are therefore many advantages that these types of loans offer. Now let’s see the requirements to apply for a mini BancoPosta loan.
In order to apply for a mini BancoPosta loan, Poste Italiane requires you to meet certain requirements:
- Be a PostePay Evolution card holder
- Be between 18 and 76 years old
- Being resident in Italy
- Have a demonstrable income produced in Italy
These are the basic requirements to be met in order to apply for a mini BancoPosta loan. If you own them, you can proceed with the actual loan application.
The procedure to apply for the BancoPosta mini loan is very simple. The steps to follow are few: call the toll-free number 800.00.33.22 and make an appointment with a consultant of Poste Italiane; at this point it will be enough for you to go to the Office on the appointed day to establish the plan most suitable for you and apply for the Mini loan.
The documentation that you will need to submit together with the application is:
- Identity document valid
- Health insurance card
- Income document
If you are a foreign citizen you will also need to present these documents
- Residence card or valid residence permit
- Document showing that you have been resident in Italy for at least 12 months (if you are employed) or 36 months (if you are self-employed)
- Document showing that one has been working for at least one continuous month with the same employer
After submitting an application and complete documentation, Poste Italiane will take the time to examine them and proceed with the approval of the loan. Once approved, the amount you requested will be credited directly to your PostePay Evolution card.
As regards the terms of the reimbursement, the mini BancoPosta loan provides for the return of the entire sum in 22 installments characterized by a fixed amount . The expected monthly amount will be charged either to the PostePay Evolution card account or by debit to a postal current account.
The monthly installments will expire on the 15th or 30th of each month until the full repayment of the sum. In addition, the mini BancoPosta loan also includes the possibility of being able to pay off the sum subject to the loan in advance . Once the withdrawal period has elapsed, that is after 14 days from the disbursement of the loan, you can extinguish the financing in advance at any post office and without any penalty of early termination.
We have examined the two Poste Italiane loan options which can also be accessed by those who do not have a pay slip as proof of income. There are two possibilities available to you: the SpecialCash PostePay mini loan or the BancoPosta mini loan . Both will allow you to apply for a small amount on loan and do not have the requisites to present a pay slip. This does not mean that these are loans offered to the unemployed, rather to subjects in possession of income but who do not have a pay slip.
The SpecialCash PostePay is a loan granted to holders of PostePay or PostePay Evolution and which allows you to request between 750 and 1500 Euros. The BancoPosta mini loan, on the other hand, has a PostePay Evolution card as an essential requirement; the amount you can get through this loan is between 1000 and 3000 euros maximum. The methods of applying for these mini loans are similar and are really simple and fast. Moreover, in both cases, the sum subject of the loan will be credited directly to the PostePay card you choose.
The characteristics of these two loans offered by Poste Italiane are really excellent and allow even those who do not have a pay slip to be able to get a small amount. If you are self-employed, retired and you are looking for a practical way to get a small loan, Poste Italiane has the right solution for you!