CAF consumer loan: focus on the details not to be missed
Offered by the Caisse d'Allocations Familiales, a CAF consumer credit is intended for all families who need urgent financial support. It may be a question of facing an unforeseen expense, the acquisition of basic furniture for the home, etc. It can also be defined by the loan of family equipment. Thanks to this credit, families with particularly low income can benefit from financial assistance, other than a bank loan. People seeking employment also have the right to apply for a CAF loan. However, various conditions must be met to benefit from it. Among other things, you must be a CAF beneficiary, that is to say, you must register for the CAF by filling out a declaration form. You must also be in a financially precarious situation and justify a need for eligible money. The destination of the funds must therefore be mentioned. The amount granted for this kind of loan can go up to 1000 us dollars.
- Types of consumer CAF loan
- How to apply for a CAF consumer loan?
Types of consumer CAF loan
They come in more than ten loans if we detail them, but roughly, we can classify them into four categories. Social micro-credit helps the household to equip itself with computer equipment and household appliances. It also finances the return to employment of the unemployed, allowing them to buy equipment for their new profession. The CAF car loan allows job seekers to acquire a vehicle. Those who are forced to go to their place of work located far from their home are also privileged. This type of credit can also be used to repair your car or pay for insurance. The CAF furniture loan allows needy households to obtain basic furniture. Finally, the non-refundable loan is offered by the Caisse d'Allocations Familiales to households whose family quotient is below 300.
How to apply for a CAF consumer loan?
The process varies depending on the type of credit. For social microcredit, you can start your application online to save time, but you must then meet the managers of the different structures directly. These structures can be charities. These will direct you to a partner credit organization and support you in your efforts. For the car loan from CAF, you must provide a certificate of non-pledge or a copy of the vehicle registration document you will buy. For repairs, the garage owner's estimate with his registration number in the commercial register will be required. For the financing of auto insurance, you must present the offer of the insurance company. For the furniture loan from CAF, you must provide your request with a quote. After acceptance, you will come back to the store to pay the 20% of the price and come out with your furniture. You will then send the invoice to CAF. This will directly pay the remainder of your due.