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Caregivers : a glimmer of hope ?2019/11/06
- 3 min
Paris, 10 December 2007
The loan term is up to 30 years, with flexible repayment options and special advantages for economically active young people. Borrowers receive a 50 per cent discount on the origination fee and special death/disability insurance cover.
The new loan is also covered by LCL's dual promise: applicants receive an answer within two days and the loan offer within two weeks. Failing this, the bank will refund €200. In addition, repayment can be modulated and monthly payments postponed at no extra cost*.
Another attractive feature is the mutual loan guarantee, offered by LCL through its partner-insurers at special rates, which exempts the borrower from the mortgage guarantee requirement.
Until 31 December 2007, borrowers who take out a home loan and subscribe to the mutual guarantee system at the same time will receive three months' free home insurance.
One in three borrowers taking out a home loan with LCL in 2006 was under 36. LCL is offering a home loan tailored to the needs of young working people under 36. The special offer is intended to help first-time buyers or people wanting to acquire a second home.
LCL joined the Crédit Agricole S.A. group in 2003. Its nationwide retail banking network now focuses on individual, professional and small business customers in France. LCL has 6 million customers, 2,000 branches and 24,000 employees.
*Detailed terms and conditions available at www.lcl.fr