Many young people today, like today, need cash: either to buy a car, or to continue their studies … in short, there are so many motivations that drive young people to apply for loans and often banks try to find a way to encourage young customers providing offers for them, such as the Unicredit personal loan for young people.
The Unicredit loan for young people is Credit Express Dynamic , a personal loan that allows obtaining sustainable installments based on personal needs, thanks to the possibility of customizing three different options.
First of all there is the installment exchange option : it is possible to increase the amount of the installments in order to decrease the number and therefore to shorten the duration of the loan. This is an option that can be exercised once a year, and only after the first nine consecutive installments paid. However, there is a minimum and a maximum amount that must be respected and the cost of the operation, which involves the re-planning of the amortization plan, is 10 euros.
Personal loan for young people
The second option that the Unicredit personal loan for young people allows to exercise is the jump of the installment. It also provides that we must first have regularly paid the first nine consecutive installments and then you can skip a monthly payment, always and only once a year.
Finally, the Loan Recharge is the third option of the Unicredit Personal Loan for young people and serves to add money to the loan already in progress. In this case you can request an amount that is not higher than the amount reimbursed at the time of the request.
The cost of the transaction, which entails the redefinition of the amortization plan, is 10 euros. The minimum amount that can be requested is € 3,000 up to a maximum of € 30,000 . The minimum duration is 36 installments and a maximum of 84 installments.
An excellent Unicredit personal loan for young people is also CreditExpress Mini. This product follows the characteristics of the previous one but provides for the payment of a smaller capital, from 1,500 euros to 3,000 euros maximum. In short, a mini loan for young people and families, for example for the purchase of a used car, a motorcycle, a new appliance and so on. This solution varies based on your needs, from a minimum of 24 months to a maximum of 36 months with a single unique APR 9.60%, maximum TAJ 16.82%.
The installment with a rounded amount can be valid for the entire duration of the loan.
The mini loan is therefore also ideal for the needs of young people, is less demanding and certainly lasts less.
Could it be interesting for you:
- UniCredit Ad Honorem: the loan for Unicredit students
- Youth guarantee loan: how to apply for it?
- Loan for young entrepreneurs