CAF loan: the possibilities within the reach of borrowers

One of the peculiarities of a large part of CAF loans is that they make it possible to obtain loans at a zero interest rate and that for the equipment of housing including the purchase of furniture, household appliances. , home office devices; to amortize the costs of the birth of a child (furniture, childcare equipment), to finance the acquisition of specific furniture equipment for a disabled person, study costs or the purchase of a car.

Equipment loan

Among the main loans, we find the equipment loan which allows the acquisition of household appliances useful at home. Similar to a consumer loan, this type of loan can only be used to finance two devices that cost around € 800 each. To benefit from it, purchases must be as a basic necessity and not as a convenience. This is particularly the case for the washing machine, the dishwasher, the stove or the wood stove. In a large part of the cases, the beneficiary of the CAF loan will have to establish a preliminary estimate in a store. It is from this document that your CAF will be able to pay for your purchase.

Home improvement loan

If you instead want to finance renovation, insulation or improvement work, you can opt for a home improvement loan that covers 80% of expenses as long as they do not exceed 1000 €. The loan application is made in particular from a form found online. The latter must be accompanied by the detailed estimate of the work and the town planning authorization in the event that the work to be planned requires the authorization of the town hall. Unlike the other loans mentioned above, the latter is increased at 1% each month. As the budget for this type of loan is limited, means test may be taken into account in the decision to grant the loan.

Preventive loan

This loan is mainly intended for households experiencing temporary financial difficulties. The funds released will mainly be used to prevent the situation from worsening. Also, they can be allocated to repairing the car, filling an overdraft, paying your bills or paying your rents late. All this so that you can continue to go to work, to heat yourself, to live with dignity and to have housing despite the difficulties you face.

Emergency loan

In the event of illness, accident, separation or even divorce, loans are available at the Family Allowance Fund online to enable households to cope with the situation. Its amount and terms can vary greatly depending on the department where you are. It should be noted that this type of loan does not allow you to repay fines, family debts or even taxes. The loan application must not be made for a reason that can be taken care of by another device. This is particularly the case with rent which can be financed by the housing solidarity fund.

CAF loan

Understand the CAF loan in a few words

Whether it is for the purchase of new equipment or to face financial difficulties, the CAF loan allows you to have access to financing according to your projects. Intended for low-income families, these loans granted by the family allowance fund come in different forms according to household needs. The funds obtained make it possible in particular to buy furniture, acquire a vehicle or even reimburse your debts. The terms of granting and the amounts obtained vary according to the CAF office where you are located as it is a departmental action policy. In this article, we give you more details about the different types of CAF loan.

Other consumer credits to enjoy

Auto Credit

You plan to replace your car or buy a new one, take out a car loan. Whether new or used, a sum of money will be made available to you to finance part or all of the purchase. You will then have to repay each month with interest. The duration of your loan depends on your repayment capacity.

Works credit

As its name suggests, work credit is used to improve or fit out your home. This type of project requires a more or less substantial budget. This is why financial organizations and banks offer individuals a loan dedicated to work. The amount ranges from $ 5,000 to $ 75,000, for a repayment term of 12 to 120 months.

Personal loan

The personal loan is designed for the realization of your personal projects related to consumption. It allows you to have an amount ranging from $ 1,500 to $ 75,000, which will be defined according to your project. The rate varies in relation to the repayment term which can be done between 12 to 120 months. Online tools allow you to calculate the total cost of your loan.

Revolving credit

Revolving credit is designed to help you deal with unforeseen daily expenses. As the borrower, you decide how much money you need and how long you should repay. The revolving credit is reconstituted as and when repayments are made and can be renewed if money is needed with optional insurance.

Credit buyback

The repurchase of credit is a solution offered by your bank to simplify the management of your credits, and this, by regrouping them around a single credit. It is customizable and adapts to all situations and all profiles. It allows you to better manage your budget and reduce the amount by having monthly payments up to 60% lower.

Motorcycle loan

Motorcycle credit is a consumer loan allocated to the purchase of a two-wheeled vehicle, scooters or motorcycle. It is a financing solution for the acquisition of a motorcycle, it can be new or used. Thanks to this type of loan, you can afford the motorcycle you've always dreamed of for your everyday trips.

Wedding credit

There are loan platforms that are there to support you in your life plans, including marriage. They offer this credit with the APR twice lower than that of a revolving credit. Don't deprive yourself, now is the time to treat yourself. The marriage loan is an interesting solution to finance this unique moment.

Travel credit

Travel credit is an easy way to have sufficient financing to go on vacation. It is a loan that you could request from your bank or from financial institutions to carry out your travel plans that you have always dreamed of. Of course, the money you are going to borrow is not only used for your travel expenses, but also for your equipment.

Credit without contribution

Need funding for a personal project? Be aware that there are financial institutions that grant loans without requiring personal contribution. It is a simple, fast and transparent way to grant a loan. The procedures are even simpler when the requested amount is small. Most importantly, you can prove that you are capable of honoring your commitment to your bank.

Credit without inquiry

Credit without inquiry is available to the general public in urgent need of money. It remains special with its very short processing time and unrivaled accessibility. By opting for this type of loan, you can use the allocated funds as you wish, without you having to justify. The main thing is that you can repay your loan as agreed in the contract.

Easy credit

There are many steps that demotivate borrowers to make a loan from financial institutions, if we cite only the supporting documents, the too long processing time and complex procedures. With easy credit, all these procedures no longer exist. It consists of applying for a loan online. It only takes a few clicks for the borrower to receive a response.

A loan commits you and must be repaid. Check your repayment capacity before you commit