The worsening of the economic crisis has led the Italian government to act towards those who risk being overwhelmed by debts: the decree of over-indebtedness, approved last December, has in fact the objective of “saving” all those who have contracted loans and who do not they are better able to cope with the debt for the purchase of a new car or home furnishings.
Agreements with banks
Thanks to this decree, those who have contracted a debt will have the possibility of finding an agreement with banks, financial institutions and credit institutions in order to prevent their economic collapse or, in the worst cases, the attachment of assets. Families in difficulty will be able to breathe a sigh of relief, at least as regards the timing of the extinction of the debt: through the assistance of the judicial authorities and the help of special bodies (still in the definition phase), which will have the task of managing household debt deficit situations, families or individuals in difficulty will be able to redefine the amortization plan of their financing and thus have sufficient economic resources to live in a dignified manner while having the installments still to be paid on their shoulders. In short, it is a temporary suspension of payments useful to the parties involved to define new payment schedules and, possibly, the procedures for eventual liquidations of the assets by the debtors.
Loan for your debt
The provision of the Government is an extreme solution to a period of absolute financial gravity for many Italian families, some of them find themselves in economic conditions that were difficult to predict when the loan was subscribed. As already underlined by the promoters of the decree law, the provision must not be taken as a suspension of responsibilities by those who have stipulated a loan, with the risk of favoring further requests for financing that would make the debt unbearable, but as a parachute to return to a solution of stability of personal finances.
Only the correct evaluation of one’s economic situation and a careful choice of loan offers, which must always be in line with the possibilities of personal spending, can make the use of these financial instruments sustainable for families or individuals. PrestitiOnline.it has always been committed to making its users find the best offers of personal loans with increasing clarity and without unpleasant surprises.