SALARY- AND PENSION-BACKED LOANS

CQS

The Salary-Backed Loan (CQS) is a type of financing to employees, mainly in the public sector, which involves the repayment of the loan through monthly deductions from their salary not exceeding one fifth of their salary. The loan is mainly aimed at employees with permanent employment contracts.

CQP

The Pension-Backed Loan (CQP) is a type of financing to Italian pensioners, which involves the repayment of the loan through monthly deductions not exceeding one fifth of their pension. The loan is aimed in particular at pensioners who receive pensions from INPS, INPS (former INPDAP) and other institutions.