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Bank loans in Italy

Priscilla

Hello,

Finances and banking can sometimes be a headache for many °µÍø½ûÇøs, especially when it comes to taking out bank loans.

Is it difficult for an °µÍø½ûÇø to get approved for a bank loan in Italy?

What are the types of bank loans available for °µÍø½ûÇøs (mortgage/bonds; business loans; car loans; personal loans; student loans)?

What are the general conditions for °µÍø½ûÇøs to take out bank loans (interest rates; timeframe to repay loans, etc.)?

Which bank in Italy is the most popular or accessible for °µÍø½ûÇøs regarding loans?

Would you normally require the services of an accounts manager at the bank in order to facilitate the process of taking out a loan? Is this service free of charge?

What would happen in the case of an unpaid loan if you have to repatriate back to your home country or move somewhere else?

Are there any other options for loans aside from the bank in Italy, such as taking out a loan from your bank in your home country, or other types of companies not affiliated with banks, that give out loans?

Thank you for sharing your experience.

Priscilla

See also

Banking in ItalyAustralian Superannuation In ItalyWhen to pay the Estate Agent their commission?Expenses trackingopen a bank account while waiting the resident permit
horseman2012

It's impossible to get a loan   from an Italian bank...Americans are unwelcome at Italian banks.  However. everyone else  is welcomed with open arms.    It's a disgrace,  considering that we Americans saved the country of Italy.