The loan is finalized funding subject to the purchase of a specific good or service (car, travel, furniture, appliances, etc). The check for the disbursement of funding is addressed directly to the seller of the property that must be officially appointed to the Bank or with the Finance Corporation.
In some cases a mortgage is placed on the property so acquired, in the event of insolvency, the lender can make claims on it.

It ‘important to note that the loan is almost always aimed granted short-term and then the rate is still quite high.

The loan aims advantages linked to the simplicity and speed of practical fact, this is done directly from the sale significantly reducing waiting times, also the interest rates charged are usually very beneficial and often subject to discounts as the famous “rate zero “.

The first disadvantage of the loan purpose is linked to the purpose of the loan and as such is connected only to a given asset. Usually not allowed to bad payers, seized or protest.