OneCash debt consolidation: possible alternatives and convenience
Within the prolific Credit Express line of OneCash we also find the loan for the consolidation of debts, which is called Compact, and which presents interesting ideas, including the possibility of an extended request also for foreigners, provided they have a valid residence permit ( see also Assignment of the fifth OneCash ).
Compared to previous years, no substantial changes have been made to the structure and other main features of this loan, so as in 2013, 2014 and 2015, the duration and the amount that can be obtained is confirmed. Obviously this is a product destined to absorb the various loan installments paid to other companies (or financial ones) to have only one interlocutor, a single installment and a single deadline, as fundamental prerequisites are required:
- the co-presence of other existing loans;
- the condition of a financeable subject ;
- the possession of all the minimum documentation necessary to start the evaluation procedure, up to the eventual go-ahead and approval.
The amount that can be requested with the OneCash debt consolidation loan ranges from 3 thousand to 50 thousand USD, while for the repayment plan duration it can be up to 10 years (120 installments) starting from a minimum of 3 years (36 installments). It can be requested by employees, retired or self-employed. The rate is fixed, and remains the same for the duration of the loan. It can be granted with the stipulation of a surety policy, which where required is a mandatory condition for granting the loan. Optional insurance coverage is also suggested. Among the aspects of greatest interest there is the multiple possibility offered of being able to choose whether to charge the repayment of the installments on the current account with OneCash, that of doing it on the Genius Card (up to 30 thousand USD of loan), or of course by crediting on a other current account (see also OneCash revolving card ). Among the ancillary costs there are those of preliminary investigation which at most reaches 1% of the requested and paid sum. There are no installment fees.
How to request it
You must go to one of the OneCash agencies, bringing with you a document certifying the type of income (paycheck, pension slip or Unico), personal documents (CF and identity card or similar) and the document showing the counts of extinction of the ongoing loan or loans. If OneCash grants the debt consolidation loan (and it is possible to request additional liquidity if there is the income capacity), it will directly settle those that are in progress with direct transfers.
OneCash debt consolidation loan
Finally, we remind you that, in order to consolidate debts with the Maliya bank, it is also possible to refer to the Cash Loan. In this case the amounts that can be requested are greater (up to 500 thousand USD) as well as the duration that can reach a maximum of 25 years.
Mortgage registration of the property is also required as a guarantee.