UBI Banca Loan Guide: Opinions, Requirements Required, Condition, TAN and APR

Index

• Types of loans Ubi Banca
  • Loes not finalized
  • Finalized Losty
• Conditions and conditions
  • What is the maximum and minimum amount of Ubi Banca loans?
  • Minimum and maximum duration of loans Ubi Banca
  • Tan and Taeg
  • Simulation of a Ubi Banca loan
• What happens if I stop an installment
• What are the opinions on Ubi Banca loans?
• Get a loan from the best financials
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Types of loans Ubi Banca

Ubi Banca: loans and loans, what are the main ones?

Ubi Banca has three specific products:

1. Loyrets not finalized: to obtain more liquidity, make purchases, carry out personal projects etc…
2. Revolving Card: which allows you to have a personal loan by making payments with a credit card
3. Ubi Banca loan finalized: the bank presents loans dedicated to the purchase of solar panels and for home renovation.

Loes not finalized

Among the main non-finalized loans of UBI Banca are:

Creditoppla Sempre Light

The loan Creditoppla Sempre Light allows you to request a loan from 3 thousand to 75 thousand euros that can be repaid in a maximum of 120 months.

The loan can be used for any expense, to get more liquidity, for travel, payment of expenses and taxes.

One of the advantages of this loan is the possibility of obtaining a rate to decrease from the third year onwards, if during the first three years there are no delays in payments.

In addition, it is possible to take out the loan Blue insurance that allows to protect the loan in the event that happens that may affect the repayment of the loan.

Credit oppla Fixed and variable

Creditoppla Fisso or Variabile is a non-finalized loan that allows you to repay the loan or with a fixed rate in a constant installment. Or you can choose to access a variable rate loan, which offers a more convenient rate but with an installment depending on the reference value chosen by the bank.

With this fixed and variable loan it is possible to request from a minimum of 200 euros up to 75 thousand euros, with the possibility of repaying it in a maximum of 10 years.

Creditopplà Relaxation

Creditopplà Relax is a loan dedicated to those who are pensioners Inps. With this loan you have the possibility to have a sum of money available which can be repaid later in installments that are retained directly from the pension for a maximum of 10 years. The installment will be equal to 1/5 of the net pension amount.

The loan provides:

• A fixed rate and a constant installment of 20% of net pension for a maximum of 120 months
• Maximum amount that can be requested varies depending on the amount of the pension
• Advantage economic conditions as provided for in the agreement between UBI Banca and INPS
• You will have to be at most 79 years at the end of the loan

Creditoppla fifth

Creditoppla Quinto is the Cession of the Fifth of the Salary of UBI Banca dedicated to employees. With this loan it is possible to have a sum of money, variable depending on the amount of the salary, which can be repaid in a maximum of 120 months.

Revolving paper

UBI Banca has several credit cards, among these there is also the revolving option that allows you to repay the debt contracted in comfortable installments, making purchases directly with the credit card.

The Credit Card Hybrid provides for a purchase expense starting from a minimum of 250 euros up to 5 thousand euros within the limit of the ceiling granted by the credit card issuing body.

The individual expenses or the entire amount of monthly spending can then be reimbursed from a minimum of 3 installments up to a maximum of 25 monthly installments.

Finalized Losty

The offer of loans is also open to two specific loans, the first dedicated to home renovation, the second instead dedicated to the installation of solar panels.

Lot of home renovation

The loan for the renovation of the first house allows to help those who want to renovate their home and realize the project of a modern and functional home.

The amount for the refurbishment loan starts from a minimum of 3 thousand euros with a maximum amount equal to 80% of the value of the property. While it will be possible to return it in a maximum of 120 months.

To offer more peace of mind to those who want to renovate your home and have a dedicated loan there are also two optional insurances: Blucasa to protect your home and objects and Blueslod to protect you from sudden dismissal or other difficulties in being able to repay the loan.

Force of the Sun

This loan is dedicated to all consumers who want to buy a photovoltaic system for their home.

The loan is available both at a fixed rate and variable and starts from a minimum of 5 thousand euros up to a maximum of 70 thousand euros, repayable with no more than 180 installments for the variable rate and 185 installments for the fixed rate. Finally, the Jump Rate allows you to move the payment of 1 installment every two years.

Conditions and conditions

The conditions for obtaining a loan with UBI Banca include:

• An age over 18 years
• A current account in UBI Banca
• An income as an employee or self-employed person
• You don’t have to have active loans that exceed 40% of the salary amount
• Being resident in Italy

What is the maximum and minimum amount of Ubi Banca loans?

The amount you can get depends on the loan you choose to subscribe. Specifically:

• Creditoppla Always: from 3 thousand euros up to 75 thousand euros
• Creditoppla Fixed and Variable: from 200 euros to 75 thousand euros
• Strength Sun Loyplace: from 5 thousand euros
• Restructuring Loyed: from 3 thousand euro up to 80% of the value of the house
• Lotitopplà Quinto: the amount depends on the net amount of the monthly salary
• Creditoppla Relax: depends on the net amount of the pension coupon

Minimum and maximum duration of loans Ubi Banca

• Creditoppla Always: From 36 to 120 months
• Creditoppla Fixed: 12 to 120 months
• Creditoppla Relax and Fifth: from 12 to 120 months
• Strength Sole loan: From 36 to 180 months (42 to 185 months for loans to Fixed Rate)
• Renovation: 19 to 120 months

Tan and Taeg

The rate changes depending on the Ubi Banca loan signed, specifically:

• Credit Oppla always Light: provides a fixed TAN rate of 7.90%. Every 3 years you get a decrease in the rate of 0.30%.
• Fixed Creditoppla: This loan provides an IRS index letter for the duration of the loan with a Tan+Spread Max at 10.050%.
• Variable creditoppla: the variable TAN provides a 3-month Euribor 360 with a max spread at 9,00%.

Creditoppla relaxation: in this case the TAN changes depending on the age in concert with the subsidized rates provided for by the agreement with INPS. The fixed rate is:

• For customers cha are no more than 59 years old (at the end of the loan) 6.40%
• For customers between 60 and 64 years (end of loan) 7.10%
• For customers between 65 and 69 years (end of loan) 7.80%
• Customers between 70 and 74 years old (end of loan) 8.40%
• Clients who at the end of the loan are between the age of 75 and 79 years 9.50%
• Customers between 80 and 85 years of age at the end of the loan at 12.90%
• For customers between 86 and 87 years and 11 months (end of loan) at 14.90%

Even for those who request Creditoppla fifth, the percentages provide:

• 3.99% for employees of the State Administration, public or parapublic body up to the age of 40 at the end of the loan.
• 6.70% for employees of the state administration, public and parapublic with the age of the end of the loan between 41 and 69 years.
• 7.20% for public, state and para-public employees who are between the ages of 70 and 74 at the end of the loan
• 9.80% for employees of a private company

Loyst Force Sun:

• The TAN at Fixed Rate is 8.50%
• The variable rate provides: an Euribor 3 months with monthly detection and spread equal to 5.00%

Lot of home renovation:

The fixed annual rate with IRS index provides a maximum spread of 10.05%.

Simulation of a Ubi Banca loan

Let’s do a simulation of the UBI Banca loan, in particular we refer to the loan Creditoppla Sempre Light.

In this example we calculate a sum of 13 thousand euros to be returned in 120 monthly installments.

• Fixed Nominal Annual Rate is 7.60%
• APR of 8.62%

In this case the amount disbursed is 13 thousand euros while the amount to be repaid with the interest will be: 14,915,32 euros.

The amount of the instalment from 1st to 24th is 158.45% while from 25th to 60th it is 156.40 euros.

What happens if I stop an installment

What happens if you miss an installment? Some loans such as Creditoppla Fisso provide the “Salta Rata” option with this it is possible every 24 months to ask to skip a monthly installment, which will then be recovered later by lengthening the loan period. If you do not have this it works or has already been used within 24 months the non-payment of an installment involves:

• A formal recall by the bank by phone call, smartphone message or letter;
• The application of a small percentage applied on the cost of the installment as a cost for non-payment in time of the installment.

What are the opinions on Ubi Banca loans?

Ubi Banca Personal Loan offers a wide range of products to meet the needs of a diverse customer base. Surely this is an advantage for customers and for those who want to open a new account with Ubi Banca to request a loan. Ubi Banca loan finalized or not, has interest rates in the average of the other national banking institutions.

Surely the insurance coverage offered by the bank, but also the possibility given by the institution to skip an installment in the moment of need, once every two years. In general, Ubi Banca’s products are safe and ideal for both those who need liquidity and those who need an important project.