The ABC youth loan is called Young Credit loan. The loan is presented as a loan for young people from 18 to 35 years , even with a temporary entry from work, or for freelancers and self-employed, if you fall within this age group.
Loan for young people under 35
Young Credit is a consumption-based loan, from the amount of 10,000 to 75,000 euros to deal with unforeseen events or expenses such as: the new car, a vacation, a renovation, or your new move.
Whatever your needs, the ABC under 35 loan will respond with clear installments, a convenient interest rate and positive online opinions from those who have already tried this financing like you.
How does it really work and where to apply for this loan? Here you will find all the information on the modalities and whether it is really convenient or not.
Youth Loan – people under 35: how does it work?
Here is a practical example to help you understand how Young Credit loan works and how to organize yourself. If you borrow 10,000, for 84 monthly installments, you will get a total interest rate of 12.70%.
Therefore, you will not have to deal with a loan at zero interest, but you can choose a loan that has one of the lowest interest rates on the market from a solid credit institution with branches all over Italy and an official website.
The monthly payment will be only 144 euros. Furthermore, if you get stuck you can choose to change installments or postpone one. For those who have a current account from ABC the procedure is simpler, but it is not necessary to have the current account immediately. You can open it directly during the preliminary phase, when you ask for the loan.
The financing for young people will be provided within 48 hours directly on the current account, from which the installments will be taken, so you will not have to worry about deadlines or deadlines.
Who to contact?
You can request a quote on the non-binding loan at any branch of the ABC group. In this case, we advise you to present yourself in the branch already with copies of all the required documents, to immediately start the loan application procedure and then immediately get the money you need.
You can request a quote on the ABC under 35 loan even directly on the dedicated page of the official website. In this case, all you need to do is request a telephone contact from a consultant who will contact you within 48 hours to provide you with all the information and to send you the quote.
The online procedure is very simple and you don’t need to register on the site to request it.
Ask the consultant for the Young Credit young loan (= for amounts up to 30,000 euros), or the Young Credit Facile loan (= for amounts up to 75,000 euros). The first is exclusive for young people up to 35 years, the other, instead, can be requested by under 35 and not under the same conditions.
Subsequently, if For you loan young ABC will seem convenient, you can send the requested documents. You can apply for this loan even if you are a citizen of the European Union or a foreigner who is a regular resident in Italy, provided you are within the age range specified in the offer.
The documents required to access this loan are:
- Copy of identity card and health card (= if you are a foreign citizen you will also need a copy of the residence certificate and a copy of the residence permit).
- Copy of pay slip or tax return (= fixed-term pay slip is also valid).
- Any warranty documents. If you are protested or if your income is not sufficient, the bank may ask you for a guarantor or a home owned to be mortgaged.
The ABC under 35 loan cannot be granted to those over 35 years, even if they have a continuous income as an employee. For this reason, Intesa Sanpaolo has created the Young Credit Facile personal loan.
It should? Opinions online on the Youth loan of ABC
The opinions on the ABC youth loan in forums and opinion sites are very positive. ABC is a bank located in the major cities of Italy and the site works well. In addition, it uses international circuits for greater security against fraud. To convince people is the fact of being able to change the amount of the installment or to change date if there are unforeseen circumstances. In addition, the loan is linked to an insurance (= you pay in the installment), which is triggered when you are unable to pay for a certain number of installments. So going on vacation or buying new furniture is no longer a problem!
Other offers under 35 from ABC
ABC also offers a loan for young people. The loan can reach up to 300,000 euros, allowing you to finance up to 95% of the value of the property if conditions permit. The loan is also available for those over 35 to manage the first expenses to buy a house, up to 10% of the total loan amount. In this way, you will be able to quickly pay the deposits and notary fees.