We find out the Fostal Bank Consolidation loan, the loan offered by the Italian Post Office that allows you to combine all your debts into one. The characteristics of the loan with the amount that can be requested, the duration and the interest rates applied. Finally, customers’ opinions on financing and delivery times.
Loan Consolidation: how it works, features and rates
On this page we will deal with a form of financing offered by the Italian Post Office and aimed in particular at those who have several loans in progress. We are talking about one of the products that are part of the wide range of Postal service Italy loans. One of the strengths of the Italian Post Office is precisely to offer perfect solutions for any type of requirement. Rather common is the case in which we find ourselves repaying more than one loan at the same time. In fact today, any type of product can be purchased by choosing the payment method in installments. This is undoubtedly a very useful service, which allows us to carry out our projects, make gifts or make gifts for ourselves without having to face too much spending with a single financial outlay. The problem, however, is that in this way we often find ourselves in the situation of having to repay different loans received from different credit institutions and therefore also with different expiration dates.
All this is a not indifferent problem, which can be solved thanks to the Fostal Bank Consolidation loan. How does it work? It is very simple: you just have to receive from the Italian Post Office a loan equal to the sum of the residual debts that you have contracted with other companies. Obviously in this case the sum of money we are going to request will not be paid directly to our account, given that it will be directly the Italian Post Office to deal with the early repayment of old debts. In this way, our relationship with the lenders that had granted us the loans will cease immediately, and we will therefore have to repay a single loan with a single installment and a single interlocutor, represented by the Italian Post Office. The Fostal Bank Consolidation loan can be the ideal solution for several reasons, not only from a practical point of view.
Choosing the Postal service Italy loan for debt consolidation we can in fact request additional liquidity, which would probably not be granted to us by a financial institution to which we are repaying a debt. So in this way we can make any other projects. Furthermore, one aspect to be taken into consideration is that of interest rates. From this point of view, it is worth remembering that the Fostal Bank Consolidation loan is a fixed rate loan, which therefore provides for installments that do not change over time. What happens very often in the transition from old loans to new debt consolidation financing is that the rate is much lower and therefore we will have a significant saving on our loan.
The Fostal Bank Consolidation loan can be requested by all holders of a Fostal Bank account or postal savings account. How much can you request with the debt consolidation offered by the Italian Post Office? The sum of money that can be requested ranges from a minimum of 3,000 euros up to a maximum of 50,000 euros. Among the factors that make this product extremely attractive to all those who have several loans in progress is the possibility of deferring repayment of our debts by choosing the duration that we prefer from a minimum of 24 months up to a maximum of 96 months. So choosing a longer duration we can fix a lighter installment than we had to deal with previously. In any case it is good to also consider the rates to avoid paying too high interest, so we advise you not to set a too high duration.
Bank Consolidation Loan Estimate: how to apply for it
If you are interested in receiving a Fostal Bank Consolidation loan, the best thing to do as always is to request a free quote. In this way we can in fact know immediately the repayment installment that we will pay each month and the interest rates applied. On the website of the Italian Post Office, we are first presented with an example of an estimate relating to the Fostal Bank Consolidation loan. The case considered is that of a request for financing for an amount equal to € 18,000. The reimbursement plan chosen by the customer provides for a duration of 90 months, which allows to set repayment installments in line with the scope given that they will amount to € 270.24. With regard to interest rates a fixed Tan 8.40% and a 8.77% Taeg are envisaged. This simple example can be useful to get an idea of the financing conditions offered by the company, and to evaluate, for example, the duration towards which to orient ourselves according to the desired amount.
To know in detail the characteristics of the loan for debt consolidation offered by the Italian Post Office we can request a quote. Through the company’s website we have the opportunity to make an appointment in one click. In this way we will avoid queuing and we will meet an expert in the field who will present us all the latest offers and present a detailed estimate of the Fostal Bank loan that is right for us. Through the service available on the website of the bank you can consult the complete list of post offices with which we can go. For each office the address, opening hours and telephone number are reported, useful to request information and clarifications of any kind on Fostal Bank loans and not only.
So once you have located the post office closest to our home, just make an appointment choosing the day and time that we prefer. To do this we will have to enter some personal data and a telephone number, as well as having to specify the motivation for the appointment. So to request a detailed estimate for our Fostal Bank Consolidation loan, we will simply have to go to the selected post office and meet the Italian Post Office consultant. To know immediately the repayment installment and the interest rates applied for our financing we will have to describe our economic situation and the guarantees that we are able to provide to the company. Based on the amount we are interested in and the duration we prefer, we will then be presented with an estimate of the cost. In case you do not know yet the ideal duration of your loan you can instead request a quote by setting the monthly repayment rate that we prefer. According to this, the Italian Post Office operator will be able to advise us on the ideal duration, thus presenting us with an estimate of the Fostal Bank Consolidation loan ideal for us.
Positions consolidation of Italian Post debts and withdrawal times
To conclude our analysis of the Fostal Bank Consolidation loan we consider the opinions of customers who have received a loan by choosing this particular solution. First of all one aspect on which they all agree is the convenience of this product. There are many positive opinions published on the various forums that advise the Fostal Bank Consolidation loan to all those who have several loans in progress. Customers who have chosen this product in most cases have in fact obtained a much cheaper economic treatment. Even those who have not found an important economic advantage underline how the possibility of redefining the repayment plan is very useful as it allows to choose the new monthly payment based on the experience gained in the months preceding the transition to the new loan with debt consolidation.
So this form of loan offered by the Italian Post Office is recommended by customers for their usefulness and convenience. A very important aspect is then that of delivery times. In this case it should be noted that the disbursement consists in the early repayment of the old loans by the Italian Post Office, and therefore the consequent transfer to the new Fostal Bank Consolidation loan. Furthermore, as we have already said, the customer has the possibility of receiving new liquidity. In this case it may take slightly longer time due to an analysis of the income guarantees provided by the applicant. In any case, customers in their reviews are fully satisfied with the experience with the Italian Post Office to receive the Fostal Bank Consolidation loan. In particular, there are several users of the sector forums that now declare themselves to be loyal customers of the Italian Post Office. In fact, there are those who have requested more than one Fostal Bank loan without encountering any kind of problem.
According to what is stated by customers in the opinions published online, the delivery times advertised by the company are effectively respected. Once the application has been assessed and accepted, the request for financing will only take 24 or 48 hours to allow the payment of any additional liquidity and the consequent transfer to the new repayment plan chosen. As for the negative reviews, first of all it is important to underline that they are far less than the positive ones. Furthermore, the reason for these reviews is in most cases due to denied loans or to delivery times considered too long. As always we remind you that the waiting time that we report to you and that is reported on the various internet sites is only indicative. It is normal that in some cases there may be particular hitches and therefore the times lengthen slightly. In any case, therefore, we can state that for those who have different loans in progress, the Fostal Bank Consolidation loan is an excellent solution, which is recommended by most of the customers in the opinions published online.