News Detail

Rent To Buy: This is how I save my mortgage

On L'Economia del Corriere della Sera, there is an in-depth article on ‘My Social Impact’, the social securitisation initiative launched by MyCredit to help families and businesses meet their financial commitments on mortgages and allow banks to reduce the NPE ratio, the ratio of impaired loans to the total amount of loans disbursed.

Mirko Tramontano, CEO of MyCredit, explained that the impaired loans covered by the initiative are mainly related to mortgages of Italian households and small businesses. 
The social securitisation initiative, thanks to the involvement of different institutions, becomes a replicable and sustainable tool over time.

The full article is available here.