Who is eligible?
Insureds who receive family benefits paid by the C.C.S.S.
Under what circumstances?
This loan is granted for financial difficulties explained by very specific circumstances:
- non-refundable medical costs,
- rent payments, ...
The maximum loan amount is equal to 6 months of Family Allowances.
Under what terms?
The loan is paid as determined with the social workers of the Caisses Sociales de Monaco.
In a maximum of 18 monthly instalments.
The first repayment is due during the 2nd month after the date the loan is paid.
Wage assignment, as first priority, to be registered at the Monaco Court.
Loan agreement signed jointly by both spouses.
What supporting documents need to be supplied?
- The loan application completed and signed by both spouses,
- Proof of the expenses that may be incurred,
- Proof of the household's income and expenditure.