Compass — Cessione del Quinto
Compass Banca S.p.A.
Compass (Mediobanca Group) offers salary-backed loans to public employees, permanent private employees and pensioners, with the instalment withheld at source up to one fifth of net income. In the public-employee example (€10,000/120 months) the nominal rate is 5.127% and the APR 6.71%: the gap is mostly covered by the mandatory life/employment insurance, included in the cost. Disbursement up to €75,000 and a maximum 120-month term. Do not confuse it with the Compass personal loan, which has very different terms (13.64% example APR).
Data & conditions
| Representative-example APR | 6.71% (€10,000 · 120 months) |
|---|---|
| Min advertised nominal rate | 5.127% |
| Usury threshold | 21.338% (Cessione del quinto fino a 15.000€, 3° trim. 2026) — APR sits at 31% |
| Loan amount | — – €75,000 |
| Term | 24–120 months |
| Lender | Bank (direct lender) |
| Eligible borrowers | Public/State employees, Private employees, Pensioners |
| Mandatory insurance | Yes |
| Insurance included in APR | Yes |
| Reported to credit bureaus (CRIF) | Yes |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Gruppo Mediobanca |
| MiCA / License status | Banca (Albo delle Banche, Banca d'Italia) |
Strengths
- Example APR 6.71%: at 31% of the category's usury threshold
- Instalment withheld at source, accessible even with other ongoing loans
- Bank of the Mediobanca Group; fast disbursement
- No notable sovereignty advantage documented.
Weaknesses
- Example term 120 months: maximises total interest
- Mandatory insurance included in the cost: it weighs on the APR beyond the nominal rate
- Not to be confused with the much pricier Compass personal loan
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Score 3.3/5, average profile. In its favour: example APR 6.71%: at 31% of the category's usury threshold. The trade-off to weigh: example term 120 months: maximises total interest.
On the Sovereignty lens the score is 0.4/5 (weak): the strength is censorship resistance (1.5/5), while fund control (0.0/5) is the weak link.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is the Compass salary-backed loan the same as the Compass personal loan?
No: they are two different products. The salary-backed loan (example APR 6.71%) is secured by the salary/pension deduction and is cheaper; the Compass personal loan has a representative example with a 13.64% APR. Always check which one you are taking out.
Sources
- Official service page Data verified on Jul 16, 2026