What should you do to get a 15,000 euro loan without a paycheck? This is one of the questions that many people ask themselves when they are looking for a medium-sized loan and they realize that banks and finance companies have set precise requirements for granting credit to their customers. Being able to convince the credit institution to provide the loan without being able to present an income document can be a really complicated undertaking, but not impossible: let’s see what are the possible ways, how to get a quote and how to calculate the online installment.
Loans without payroll of 15,000 euros, the requirements: who can request them?
Before granting a loan, credit institutions try to ensure that the applicant is able to repay the sums granted: for this reason they have set requirements that may differ slightly from bank to bank, but which are in principle:
- residence in Italy;
- age of at least 18 years at the time of the request and maximum 70 or 75 years at the expiry of the repayment plan;
- immaculate credit history (therefore the applicant must not be reported as protested or as a bad payer);
- presence of a provable income.
To accept that the applicant is equipped with all these requisites, in addition to checking the databases to know his past as a debtor, the credit institution expects that together with the loan application a copy of the identity document, a copy of the tax code and a copy of the income document.
It is precisely the need to present an income document that creates many doubts about the possibility of obtaining a loan without a pay slip, especially for small amounts like the one that interests us in this case (we remind you that the objective is to obtain a loan from 15000 euros). But all is not lost: as we shall see in the course of the article there are still possible ways to go to be able to convince the bank to grant the loan. First, however, a clarification is needed: we talk about a loan without a pay slip, but in reality the credit institutions speak more generally about an “income document”. This means that not only the employees who receive the pay packet each month (or the document that the employer delivers to his employee when he pays his salary and which summarizes some data on the job position and the composition of the salary) they can submit a normal application for funding: pensioners can also do so by sending their final pension slip and self-employed workers to the bank by submitting their last tax return.
How to get a 15,000 euro loan without a pay slip
Despite this enlargement of the concept of an income document, there are still many categories that may be interested in a loan without a pay slip: many may think that only unemployed people may want such a loan, but this is not the case. Let’s think, for example, of housewives, students, young people who want to start a business, atypical workers and illegal workers; we talk about many, many people ! What can they do to get the € 15,000 loan without a paycheck? The solutions can be different, even if with different success rates: alternative guarantees can be used, you can try looking for other forms of loan, you can also check the various tenders for subsidized or non-repayable loans for those who want to give life to a new entrepreneurial project, but in the end the option that gives more chance of reaching the goal is the one that foresees the presence of the guarantor. But let’s go in order and try to analyze the various solutions one by one.
Alternative guarantees for loans without payroll of € 15,000
Let’s start with the so-called alternative guarantees, or rather those guarantees with which the applicant tries to convince the bank to be able to repay the sums requested even in the absence of a demonstrable labor income. Whoever thinks of a mortgage on a property that is owned is out of the way: we are talking about moderate amounts, much lower than the value of the property offered as a guarantee, so it would be a partial mortgage and in case of non-payment by the debtor the bank would do no small effort to get back the money lent; for this reason it is very difficult for credit institutions to accept a mortgage on a property as a guarantee for a loan of 15,000 euros without a pay slip.
Then there are the people who can prove that they have a constant and regular income, such as the financial income of an investment, the rent paid each month by the tenants for a property that is being leased, the maintenance fee paid by the tenant. ‘former spouse and so on. In this case there is some more possibility that the loan application can be taken into consideration by the bank, but its acceptance is always very difficult (in any case, it is evaluated individually).
Other forms of financing without pay for € 15,000 loans
If you are unable to obtain a normal loan from banks and finance companies, other solutions can be considered. Private lending is a valid alternative: there are now authorized platforms with which it is possible to obtain this type of financing, but even in this case it is necessary to present some form of guarantee; perhaps asking for money on loan from relatives and friends it is possible to get advantageous conditions, but not everyone knows about people who have the possibility to deprive themselves of 15,000 euros; asking for money from outsiders and outside controlled channels is not a good idea.
The loan on pawn can be considered a form of loan without a pay slip, since no income document must be presented: a valuable item is pledged and a certain amount is received, which must be returned on expiry, otherwise it is lost the value of the good; unfortunately with this form of financing it is not possible to obtain high amounts, the sums paid are always much lower than the value of the object committed, the interest rates are quite high and the deadlines very limited (one cannot go beyond the year). Considering all these aspects we can say that it is not the right way to get the loan from 1500 euros without payroll.
Lately it has returned to speak often of the loan changes without a pay slip of 15 thousand euros: they can be requested by anyone (even by bad payers and protesters) and allow to obtain even high amounts in a very short time. They differ from other loans because the repayment is made through the payment of bills of exchange on a monthly basis. Even if it seems to be back in fashion, this loan should be considered only as a last resort because it has several negative aspects: the interests are high, the costs of the operation are high and above all the bills are executive credit, so in case of non-payment (even of a single installment the creditor can proceed with the protest and the attachment of the debtor’s assets, without having to wait for a ruling by the court.
Those who need a loan without a pay slip to start a new business should also consider the calls for subsidized loans (or even non-repayable loans ) granted thanks to European funds. Taking a tour of the Invitalia website (the agency that deals with the management of these calls) it is possible to find the various solutions available and the requirements necessary to access them. For example SmartStart Italia is destined for the nine start-ups, Resto al Sud is designed for the new entrepreneurial initiatives of the under-46s in the regions of Southern Italy, Zero-rate New Businesses is aimed at young people up to the age of 35 and women who want to become entrepreneurs, Selfiemployment finance small businesses promoted by NEET up to 29 years.
Loans from 15 thousand euros without pay slip with guarantor: who is and what requirements must have
But let’s get back to the classic personal loans: the best way to get a 15,000 euro loan without a paycheck is to find a person willing to act as guarantor. Anyone who accepts to fill this role knows that he undertakes to pay the repayment installments to the credit institution in the event that the principal debtor proves to be in default. Naturally the guarantor must be a person on whose reliability and solidity the bank cannot have doubts, therefore it must respect very precise requirements: it cannot be over 70 or 75 years old, it must have a good demonstrable income, it must not be a bad payer or protested and if it is also the owner of a building or a good fortune certainly does not hurt.
Moreover, if the bank already has funds or other types of withholding in progress, it will ensure that they do not impair its ability to pay installments. In most cases the person who agrees to act as guarantor is a family member (the most common cases are those of the parent who acts as guarantor for the child or the husband who acts as guarantor for the wife or vice versa), but this is an absolutely irrelevant aspect for credit institutions: the two can also be unknown to each other. We have said that the presence of a guarantor greatly increases the chances that the loan application without a pay slip will be accepted, but there cannot be absolute certainty: as always the bank will evaluate case by case.
Estimate and online payment of an installment for a 15,000 euro loan without a pay slip
Who can find a person willing to act as guarantor can access the funds on “normal” terms. Let’s take a look at the proposals for a 15,000 euro loan without a pay slip by examining the budget of the most renowned institutions and see how to calculate the online installment.
The Agos proposal for loans of 15,000 euros without payroll
Let’s start with the Agos proposal: a 15,000 euro loan without a pay slip and a guarantor can be repaid in:
- 12 months with installments of € 1,323.20, with TAN 6.91% and TEG 11.71%;
- 24 months with installments of € 684.40, with TAN 6.91% and TEG 9.69%;
- 36 months with installments of € 471.80, with TAN 6.92% and TEG 8.98%;
- 48 months with installments of 365.70 euros, with TAN 6.91% and TEG 8.61%;
- 60 months with installments of 302.30 euros, with TAN 6.91% and TEG 8.40%;
- 72 months with installments of € 260.20, with TAN 6.92% and TEG 8.25%;
- 84 months with installments of 230.20 euros, with TAN 6.91% and TEG 8.13%;
- 96 months with installments of € 207.90, with TAN 6.91% and TEG 8.05%;
- 108 months with installments of € 190.60, with TAN 6.91% and TEG 7.98%;
- 120 months with installments of € 176.90, with TAN 6.91% and TEG 7.93%.
To do the online payment calculation and get other quotes just go to the official website www.agos.it and use the simulator. The loan can be requested online by calling 800134860 or by going to a branch.
Compass solutions for a personal loan of 15,000 euros without payroll
The second proposal we are considering is that of Compass; on the official website www.compass.it it is possible to calculate the installment, but in this case the simulator is slightly different, given that for each search it indicates only the solutions available based on the amount requested and the amount of the preferred monthly commitment. For example those who want a loan of 15,000 euros without payroll and with guarantor and want to face a monthly expense of about 265 euros can return it in 68 months with installments of 263.95 or in 84 months with installments of 264.13 euros, with TAN 5.90% and 10.90% respectively and APR of 6.87% and 12.22%. If instead you want to face a monthly expense of around 350 euros you can choose between a repayment plan in 50 months with installments of 344.20 euros and one of 56 months with installments of 348.07, with TAN ranging from a minimum of 5.90% to a maximum of 10.90% and an APR ranging from 7.08% to 12.46%. Compass loans can be requested online or at a branch.
Loan of 15,000 euros without payroll: Astrofinance quote
The last quote we check is that of Astrofinance; the 15000 euro loan without pay slip and with guarantor can be returned in:
- 18 months with installments of € 873.60, with a TAN of 6.01% and an APR of 6.18%;
- 24 months with installments of € 664.90, with a TAN of 6.01% and an APR of 6.18%;
- 30 months with installments of € 539.80, with a TAN of 6.01% and an APR of 6.18%;
- 36 months with installments of 456.40 euros, with TAN 6.01% and APR 6.17%;
- 42 months with installments of € 397.00, with TAN 6.02% and APR 6.19%;
- 48 months with installments of € 352.40, with a TAN of 6.01% and an APR of 6.18%;
- 54 months with installments of € 317.80, with TAN 6.02% and APR 6.19%;
- 60 months with installments of 290.10 euros, with 6.01% TAN and 6.18% APR;
- 66 months with installments of € 274.60, with TAN 7.01% and APR 7.24%;
- 72 months with installments of € 255.90, with TAN 7.02% and APR 7.25%;
- 78 months with installments of 240.00 euros, with TAN 7.01% and APR 7.24%.
You can do other simulations with online payment calculation directly from the site. The loan can always be requested through the website, by calling 848844999 or by going to a financial sales point.