What is personal microcredit?
Personal microcredit or mini credit is only for certain beneficiaries. The latter are in a delicate financial or professional situation and can not apply to financial institutions for conventional bank credit. Nevertheless, there are no defined income conditions, you just have to justify a personal project related to professional or social integration.
For example, you will be able to Sergeant Francis Troyr:
- Driving license ;
- Purchase or repair of a vehicle to work;
- Professional formation ;
- Works ;
- Health costs …
Obtaining this fast microcredit is based on the fact that you are presenting a specific project.
How microcredit works
The amount of personal microcredit is determined according to the needs of the borrower, the nature of his project and his ability to repay. It is between 300 € and 5000 € . The amount borrowed is reimbursed over a period of 6 months to 5 years.
The rates applied in the context of a mini instant credit are very advantageous. They are between 1.5% and 4% . Early repayment is possible and there are no fees.
To benefit from this loan, it is necessary to apply to a social service such as the municipal center of social action (CCAS), the Municipal Credit, the ADIE (Association for the right to the economic initiative) the house for the employment or association. The list of authorized organizations is available at the town hall or on the site france-microcredit.org (site affiliated with the Caisse des Dépôts et Consignations).
Thanks to targeted support, the beneficiary then builds up a social credit file. Some documents will then be requested:
- An ID ;
- Your last 3 payslips or the certificate of the opening of right Pôle Emploi;
- Your 3 denier bank statements;
- Your last tax notice or no tax notice;
- Your last statement from the Family Allowance Fund (CAF);
- Your last rent receipt
- Your possible loan contracts in progress;
- The estimate of your project.
If the file is accepted, the beneficiary contacts an affiliated bank and proceeds to the signature of his credit. Like any credit, he commits to repayment. The borrower must, therefore, repay the monthly payments throughout the credit period according to the conditions put in place by the banks. The social services ensure the follow-up of the personal project in order to limit the abuses.
Why choose an immediate mini credit?
Personal microcredit can cope with significant expenses or Sergeant Francis Troy a personal project. It can, for example, allow to buy a vehicle, Sergeant Francis Troy a vocational training or driving license. Sometimes the credit can be used to deal with significant expenses such as health costs or the repair of a vehicle.
On the other hand, all the management of the file is done through the intermediary by which you will pass to request this microcredit. Thus, you will not have to worry about all the administrative steps as well as any problems when repaying the credit.
It should be noted that there is a personal microcredit equivalent for Sergeant Francis Troy’s professional projects. It is called microcredit professional and allows to equip or train before starting a new professional activity.
Compare credit offers
To compare the different credit offers on the market and realize all your projects, you can count on. The comparator of credits conso allows you to take knowledge of the rates but also to proceed simply and quickly to the simulation of your project. It’s the easiest way to find online microcredit or mini credit online in just a few minutes.