Today in the United States, more than 2.5 million households live and depend on RSA. Remember that the RSA (Revenu de Solidarité Active) is a right to minimum income or income supplement for non-workers over 25 (and from 18 to 24 under certain conditions). It consists of social and professional support aimed at facilitating access to employment and the development of skills for these beneficiaries. The RSA is also conditioned by the duty of active job search or the assembly of a serious self-entrepreneurship file.
Given the number of households receiving RSA in United States, it is obvious that all kinds of questions relating to RSA credits abound on the web and among advisers. Indeed, the number of refusals of RSA credit application files is so high that it is legitimate for applicants to ask the question of its feasibility. Is it possible to obtain a credit when you are at RSA? How should I do it? Who should I contact?
In the quest for RSA credit, patience will be your greatest ally
Yes, it is possible to get an RSA credit. However, this is not an easy task. First, you have to know how to be patient because the refusals of files will be numerous before you can find the credit that will be accepted to you. Although the RSA is considered stable income for beneficiaries, this is not the case for a bank. Many institutions will find it too risky to give someone credit for RSA, RMI, etc. So be ready to contact several establishments before you can move forward in your efforts.
We can only advise you to seek a loan that you will be able to repay quickly and under the best possible conditions (suitable monthly payments and APR at the lowest). An accident of life is always likely to happen, choosing a loan that you repay quickly will at best save you from a situation of over-indebtedness. Example: If a couple takes out a loan while one of the two beneficiaries is on the RSA and the other is employed, what will happen to the couple's repayment capacity if the employed person is made redundant?
Then, the credits to be requested will not necessarily be the same depending on the reasons that motivate the credit request.
RSA credit for fun
Need household appliances? Fancy a new car? A household sometimes needs to take out a loan to acquire a good even if it is not really essential. This type of credit is not recommended for beneficiaries of an RSA: The banks all have objective statistics showing that many households, although they seem at first glance perfectly capable of repaying their loans, then find themselves in a situation of over-indebtedness because of an accident of life. Anyway, if it is a firm decision, know that it is possible but that you will have to request a maximum of establishments and overcome many refusals.
RSA credit per need
Need to pay health costs? Tuition ? In this case, you will be advised to subscribe to a micro credit. You can borrow an amount equivalent to € 500 with an interest rate of between 2 and 8%. As a priority, contact French municipalities and charities. If that does not work, you can fall back on a mini credit, which consists of a personal loan at a reduced rate.
RSA credit to set up a self-employed business
The desire of the French state being to develop access to self-employment, there are many specialized self-employed loans that can be requested by recipients of the RSA. These are always small loans, for loans below 3000 €. Present yourself with a stable project, already worked, and a well-assembled file. Also provide proof that credit is essential for the implementation of your project.