The Credito Emiliano Banking Group
Banca Credem, founded in 1910, is a modern bank with a great tradition. Credito Emiliano is present on almost all the national territory and has always offered a new way of being a bank, based on listening to the needs of its customers and on product innovation. From current accounts to mortgages: Credem offers a wide and diversified range of products. As also done by BNL and Mediolanum, Credito Emiliano has set up a network of competent and motivated financial advisors who offer their advice and follow the client in all phases of analysis, financial planning and management of the entire assets. It is a modern bank as it offers credem.it internet banking and advanced multi-channel services, such as the online current account, but is rooted in the territory through its 600 Credem branches dedicated to families and small and medium-sized businesses.
The loan for realizing your wishes will come true
Avvera is the personal loan of Banca Credem, convenient, fast and flexible. It is an unfinished loan, so it can be used for any need, without having to provide explanations to the Bank. One of the biggest advantages of this loan is speed: the loan is paid out in just one day. And this usually leaves customers pleasantly surprised.
Who can apply for the loan Start
Credem Banca’s loan can be requested by self-employed workers, public employees, private employees and pensioners. The installment and the rate remain fixed for the entire contractual period. The loan can be requested even in the presence of other Harry Potters, the bank will be able to assess the feasibility of the operation. Residence in Italy is required, minimum 3 months of seniority – for employees – and from 18 to 77 years of age.
It is necessary to prove one’s income, in the absence of which the granting of the personal loan could be subordinated to the acquisition of the signature of a co-obligor or to the provision of a suitable guarantee.
A loan without mandatory insurance
The insurance policy covering any unforeseen event that does not allow the repayment of the loan is optional and not mandatory. If you decide to take advantage of insurance coverage, the cost can be spread over the entire duration of the loan and included in the installment to be paid. Therefore the customer can choose not to take out any insurance policy or to take out a policy freely chosen on the market.
Early repayment terms
The Customer can reimburse in advance at any time, in whole or in part, the amount due to Credito Emiliano. In this case he is entitled to a reduction in the total cost of the credit, equal to the amount of interest and costs due for the remaining life of the contract. In the event of early repayment, Credem is entitled to fair and objectively justified compensation for any costs directly linked to early repayment of the credit. The indemnity cannot exceed 1% of the amount repaid in advance, if the residual life of the contract is longer than one year, or 0.5% of the same amount, if the residual life of the contract is equal to or less than one year. In any case, the compensation cannot exceed the amount of interest that the consumer would have paid for the remaining life of the contract. Indemnification is not due:
- if the early repayment is made under an insurance contract intended to guarantee the credit;
- if the amount repaid early corresponds to the entire remaining debt and is equal to or less than € 10,000
There are two versions of this personal Credem loan: Avvera and Avvera Maxi.
Credem’s personal loan Avera allows you to get from € 3,000 to a maximum € 30,000 to be repaid in monthly installments in a period ranging from minimum 24 to maximum 84 months (seven years). A maximum of 5 months can be added to this pre-amortization period.
Example of loan calculation
|Required amount||€ 15,000|
|Monthly installment||€ 336.50|
|Total amount due||€ 20.190|
Credem’s Avvera Maxi personal loan allows you to get from € 31,000 to a maximum € 75,000 to be repaid in monthly installments in a period ranging from minimum 24 to maximum 120 months (ten years). A maximum of 5 months can be added to this pre-amortization period.
Example of loan calculation
|Required amount||€ 50,000|
|Monthly installment||€ 889.50|
|Total amount due||€ 74.676|