Benefits for disabled children

Sometimes the house knocking misery and woe to those parents whose children get into danger, ill or disabled. These children are, unfortunately, a lot, they grow up with us and gain knowledge, but they differ from us with disabilities and attitude to life. In our country, children with disabilities are surrounded with care and attention, they are entitled benefits and additional benefits.

Obtaining the status of a disabled child

Children under 18 years of age receive this status on the basis of identified disorders in his bodily functions. Having the results of the survey, socio-medical committee assigns the status of a disabled child, which guarantees him a receipt of certain benefits and privileges. Before the onset of adulthood this status in children has not gradation groups.

The grounds for the recognition of a disabled child are:

a clear violation of the functions of the organism provoked acquired or congenital defects, injury or disease;

How to choose a mortgage broker?

In recent years, banks have become more demanding of their potential borrowers. Increasingly, in response to loan applications customers get unreasonable, in their opinion, the cracks. In this regard, customers try to contact the bank does not directly, but to use the services of credit brokers, collaborating with many banks and holding information on the existing credit programs.

The secret to the success of processing transactions through brokerage houses is that brokers work with multiple lenders at the same time, and they have the opportunity to pick up a client program to the maximum and she came to him, and the probability of failure in the design of the transaction was minimal.

In addition, many lenders believe that customers who are turning to brokers, not in the bank

Should I take home appliances on credit?

In society there is a stereotype about the high cost of consumer loans, but despite this fact, the borrowers of consumer loans in banks is becoming every day more and more. Credits for the design of equipment are made daily in each store. Perhaps people make out loans, while under the influence of commercials, perhaps lending - it is really the only way out for many.

In fact, the reasons why so many of consumer formalized, several. Firstly, it is the simplicity and speed of registration. Loans are made directly to the outlet so quickly that the client simply does not have time to think about all the good. Some online stores offer clearance of goods on credit for home delivery, that is, the client will not even need to go to checkout.

Should I take home appliances on credit?

In society there is a stereotype about the high cost of consumer loans, but despite this fact, the borrowers of consumer loans in banks is becoming every day more and more. Credits for the design of equipment are made daily in each store. Perhaps people make out loans, while under the influence of commercials, perhaps lending - it is really the only way out for many.

In fact, the reasons why so many of consumer formalized, several. Firstly, it is the simplicity and speed of registration. Loans are made directly to the outlet so quickly that the client simply does not have time to think about all the good. Some online stores offer clearance of goods on credit for home delivery, that is, the client will not even need to go to checkout.

Remote circuit design is very simple:

Targeted use of credit. What is meant by this term?

Currently, consumer credit industry in our country is quite developed. Trading company, cooperating with financial institutions, lending to consumers en masse for the purchase of various durable goods. This scheme is beneficial for all parties involved: the customer immediately receives the goods in use, having the only part of the required amount, the seller receives additional commodity buyers and the bank - borrower.

To date, targeted loans - one of the most popular banking products. In the loan agreement signed with the design of the target loan clearly states what is the purpose are given credit. These loans are considered less risky than lending diversion (since acquired thing serves as collateral for the loan), so that banks charge for such transactions lowest possible rates. Purpose loans are made generally without collateral, so that in case of delay in the bank can collect from the customer receivable only in the courts.

Can I terminate the contract of guarantee?

Currently, many banks make out loans to their customers only with mandatory surety under the contract. Typically, the surety agrees to sign only the closest relatives or friends of the borrower. Despite this, many guarantors some time regret his actions.

The fact that the liability of the guarantor to the creditor no less liability of the borrower. If the borrower stops paying on the loan, and the bank is unable to recover from his debts, he switched to the surety, which is required to calculate the debt with a stranger. If the principal does not agree or are not able to pay the debt, the lender can recover it through the courts, including the expense of the property of the guarantor.

In addition, the current legislation provides for a procedure of translation

What to do with credit, which did not take?

In the past few years, quite often there are situations where a person for no reason, no reason to phone call some strange people and need to pay the debt on the loan (though it is not made any loans at all).

This situation itself is not normally allowed. Even if the caller explained that no loan was not formalized, they will still continue to call and demand money. If these calls began, then clearly you need to clarify exactly what the representatives of the bank calls and send to the department to find out what was wrong.

The reasons for such calls may be several. The easiest and most popular option - Incorrect phone number when you make the borrower a loan at the bank.

How to take credit for the farmer?

For people working in the agricultural sector who need to buy any equipment, facilities, seeds, fertilizers, supplies in case of shortage of own funds may use the offer of one of the banks for lending to farmers sufficiently favorable terms.

To operate successfully, any farm should be certain resources, including financial, technical, technological and so on. On. But according to statistics one third of all farms operating in our mills, the needs far exceed the financial possibilities. Currently, bank loans can be a real salvation of such farms. After all, in order to receive a loan at the bank, the borrower does not require any supernatural documents, and in many cases - even in the form of collateral security.

In order to begin to engage in agribusiness, you need to have a certain starting base in the form of the fleet, equipment and financial capacity to buy some supplies for their activities. Generally, financial issues in this sector, as in others, are solved by bringing the resources of commercial banks.

The agricultural sector of the economy like no other in need of financial support on the part of commercial banks and the state. The features of this industry is seasonal revenue, the continuity of the production process, the dependence on external factors (weather conditions, for example).

The main problem is the lack of funds in the agricultural industry of today is practically solved, as most banks do not offer long-term loans to representatives of the sector due to the high level of risk associated with non-return of loan funds.

Due to the high risk, banks are trying to make out loans to farms with an interest rate relative to other corporate loans and additional collateral in the form of collateral or guarantees from third parties. The weighted average interest rate on agricultural loans in our country is 19 per annum.

Despite all the difficulties, the statistics say about the growth of the number of agricultural loans in the last period. So, last year they executed a third more than before last. This suggests a gradual increase in the level of confidence of banks in relation to agricultural producers.

Some banks have partner lending program of the agricultural sector, developed in conjunction with the distribution companies. Under such programs, customers are offered the available credit resources arising in connection with reaching agreement creditor supplier of goods.

Affiliate program, depending on the particular client can be performed at different conditions for different customers. Affiliate programs allow customers to take advantage of the following benefits:
- Lowering the interest rate on the loan;
- Maximum loan term to 5 years;
- A flexible season schedule of payment;
- Flexible contract terms, an individual approach to each client;
- Execution of credit secured by equipment, property, vehicles, etc.

It turns out that banks are still lending to the agricultural sector. And the information that the farmers are not lending, is not true. Banks are actively implementing various affiliate programs, develop new lending terms, so that customers have to choose from.

How and where to get a loan to buy the garage?

Almost all banks have loan programs for the purchase of a car loan. After purchasing the car, a man thinks about where it is stored. And if the money to buy cars for cash from the client was not, then certainly on their garage, and a fortiori not be.

Turns out, real enough to issue a credit for the purchase of a garage in the bank, however, must immediately be ready for the additional conditions imposed by the bank in relation to the borrower and to the garage. For example, a loan may be purchased only, garage, are privately owned. That is a cooperative garage purchase for bank funds will come as no such purchase of property rights does not, but only provides an opportunity to join the cooperative.

In the case when the borrower wants to build their own garage at the expense of credit, it is also likely refuse. Fabricated metal garage or storage box cars banks lend without problems.

Before you apply for the loan processing to acquire a garage, you need to prepare a package of documents consisting of a registration certificate, state certificate of land, as well as a certificate from the BTI.

Most banks do not have independent credit programs for lending garages. But there are other credit products, allowing to use the borrowed money to buy a garage. Firstly, you can use a standard mortgage. The maximum loan amount is not more than 75% of the purchase price. The interest rate on such loans will be at a level of about 17 per annum.

When you make a loan to buy an apartment in a newly built house, many banks make out an additional loan for the purchase of a garage in the same complex.

If no mortgage program client does not fit, you can issue the usual consumer credit in cash and send the proceeds to purchase a garage. Collateral for such a loan may make any property belonging to the client, or vehicles. In this case, the client can receive a loan for the full cost of the garage.

Experts recommend that customers who do not have enough to buy a small amount of the garage, not to issue targeted cash loans. However, these loan schemes are not always profitable. After all, the interest rate on consumer credit mismanagement sometimes reaches 50 or more per annum. The maximum period of validity of such a contract will not exceed 3 years.

If the cost of the garage is not high (no more than 5 thousand dollars), you can get a credit card with a limit set on it. In the most advanced domestic banks have recently emerged of the "garage mortgage." This program allows you to get credit lending, both in rubles and in foreign currency for the period to 50 years. The loan amount will not exceed 70% of the price of the garage.

Usually a mortgage on the garage at the same time make out with a mortgage on an apartment. In this case the customer a choice of ground or underground garage complex. A readiness garage in this case plays no role.

Operating in our country law "On mortgage" includes such loan programs, but despite this, "garage mortgage" in domestic banks while rather unusual. By law, the garage is private property, is a complete property and, therefore, subject to mortgage for lending.

Payment of the loan through the terminal

Every person who has issued a bank loan, should know that borrowers can pay the loan through the terminal, and not only at the box office of the bank. This is a very convenient way to pay off the bank. Since payment terminals are now installed in all public places and for a monthly payment of debt is not necessary to go to the bank. You can go out literally 10 minutes at lunchtime in the nearest supermarket and pay all there.

But despite the huge advantage of this method of payment in a number of significant drawbacks.

Firstly, the money paid by the terminal does not always fall on the same day to account, and, secondly, in all terminals provided commission. Members of payment terminals in our country today is not so much. Russians have become accustomed to them and look, realizing payment in bank branches, in order to avoid any misunderstandings.

If the loan is paid in cash the same bank where it was issued, no commission will be. On the bill will do exactly the amount that was transferred to the cashier. And here is the terminal for their services will take an average of 2 to 4% of the amount transferred.

Because of the Commission, the Russians are trying to use the terminals only in extreme cases. As a rule, so pay only for small loans where the payment amount is not large, and therefore, the Commission will be insignificant.

As for the payment technology through the terminal, then it is easy. So, to pay the loan through the terminal Qiwi, you just need to click on the screen to show "loan repayments", choose your bank from the list, enter the contract number and insert money into terminal. What could be simpler? The maximum amount that can be sent through the terminal on one bill for one day is 29 th. Rubles, which is sufficient for most taxpayers.

Some people do not enjoy at all terminals of the commission, and because of possible technical failures. And I must say, not unreasonably. Despite the fact that the payment terminal is performed for a few seconds, the money account may enter several days. If the customer makes the payment amount on the last day of the contract, he has no time to pay it on time, the loan delinquency occurs, and the bank may impose a penalty. The bank will hardly listen to stories about how "angry terminal" untimely transferred the money where it should.

Sometimes the situation is even more sad, and money to the account did not arrive. Naturally, the client believes that the loan is paid (the receipt is, the payment is made with a stock over time), and the bank, not seeing the money starts to penalize the customer for failure to fulfill obligations. So it is necessary to keep receipts. Then it will be possible to prove that the payment was made on time, the truth will be on the side of the payer.

How to avoid the debt on the loan?

Quite often life prepares us unpleasant surprises. In particular this applies to borrowers who have at times there are circumstances when there is nothing to pay the debt to the bank. Causes of delinquency on the loan can be mass, and job loss, and illness and death of family members, and other life disasters.

To get out of this situation with the least possible losses, should be guided by certain rules.

Firstly, if the loan is issued against collateral of any property in the event of difficulties in payments, you can try to implement the pledge. If we are talking about collateral car or other personal property, for its implementation, as a rule, does not leave much time. If we are talking about the mortgage, the sale of the apartment (and even more so - at home) can take many months. And all this time will continue to accrue interest (in the case of delay - and even fines).

There are banks that are in a similar situation trying to meet conscious customers (if he agrees to the realization of collateral), and he did not accrue interest, penalties, and do not apply any sanctions in connection with the delay. But the interest will have to pay anyway.

Worse things with unsecured loans. Then it will come to trial, or to the amount of recovery from the guarantor (if the contract surety was provided).

Some borrowers in distress, trying to close the loan with funds borrowed by friends or relatives. However, this method of controlling the debt is possible only in the case when there is one borrow.

If the borrower is unable to cope with the debt nor myself, nor shared with friends and relatives, banks sometimes offer debt restructuring. This scheme applies only to cases of delay sound (if the customer can prove a documented fact of illness or job loss).

In addition to restructuring, refinancing is possible at another financial institution to a more loyal conditions or for a longer period to reduce the monthly payments. But refinancing and restructuring are not mass banking products. This means that in each case the bank will consider the application and make a decision on an individual basis. Surely, the lender to the borrower will meet only if the latter certain rules or certain conditions.

In practice, banks often go to meet those borrowers who have not previously observed problems with payments. In addition to debt restructuring is necessary that the borrower has had a clear plan of action, which would be understandable due to what sources he intends to extinguish the loan in the future.

If a customer goes to a bank for a debt restructuring, as a rule, its history is thoroughly checked employees Sat. And in identifying the slightest suspicion of fraud, the client will be denied and the case to the court or other law enforcement agencies.

Even with the restructuring of the loan, the client may subsequently regret such actions, because the fact of the restructuring will be recorded in the credit history. In the future, if you wish to issue another loan, a person may be denied due to the restructuring of the past.

Although recently the leadership of many banks are quite loyal to clients who have experienced restructuring. Especially if as a result of the loan was repaid in a timely manner without any complications.

What are the penalties for late payments?

Making a loan, the borrower pre-conscious thinks about the penalties applied by the bank in case of delay. Less consciously - are starting to think about this for once, this is the delay occurs.

Applying to various kinds of sanctions prosrochnikam banks following internal regulations and conditions of the contract with the client, at times, even without notifying the customer on their application. As a result, the client who is late in paying for a few days, may be stunned the amount of declared him the debt. Sometimes banks manage to penalties apply additional penalties. As a result, the duty of the client to the bank increases in geometric progression, beginning, in fact, with the nonsense.

In connection with this fact quite often there are lawsuits from borrowers to banks wrongfully accrued huge penalties for trivial breach of contract. Due to the frequent appeals of citizens, in 2010, the SAC was ruled that actions of banks in relation to the imposition of fines on illegal borrowers. This decision was somewhat discouraged bankers. Because in fact it means the abolition of any responsibility for the failure of the borrower of the loan agreement.

It turns out that the lender has no right to penalize the defaulter, and at each delay should immediately go to court to resolve the issue of repayment. Naturally, the borrowers will have a resistance to the creditor, giving counterclaims that significantly complicate the work of the judiciary. And of course, the scammers will rush to take advantage of a loophole that appears in the domestic legislation. And the judges have to understand where the scammers, and where did the borrowers who find themselves in a difficult situation.

It turns out that the solution YOU promoted replacement of poles: if before the banks tried to get profits out of the conceivable penalties, it is now strongly borrowers evade repayment of loans, using emerged privileges. It turns out that the desire to protect ordinary borrowers led to the mess in the credit market.

Our legislation and so far from perfect, but these changes did not only not improve, but adds to the confusion in the relationship between lenders and borrowers. Indeed, changes in the law did not affect the content of the already signed an agreement that provided for fines. And, in case of breach of contract, the borrower they still have to pay, just collect them may have in court (ie, the lender will pay more and court costs, which ultimately will still fall on the shoulders of the client). And someone from this easier?

In fact, if a customer made a late payment for a good reason and will appeal to the bank with a request not to charge fines, pledging to repay the loan, the bank, thanks to the current law, will meet the client is much more likely (because the prospect of trials unlikely to please the management of the bank, the more that customer offers to repay the debt, albeit without penalties).

Naturally, the bank can not go to meet the customer (in fact, he signed a contract and, therefore, agreed with the penalty). But in this case, too, there is an opportunity not to pay the fine (although it will have to recognize the illegal actions of the bank on its chargeable).

Should I act as a guarantor on the loan?

Many are faced with requests to friends or relatives to vouch for them in the bank. And in most cases, people do not know how to respond to such requests. On the one hand, refusing to friends, and especially family, is not very convenient. On the other hand, the guarantor, in fact, takes the responsibility on someone else's loan. Besides the bank, requiring a guarantor, obviously doubts about the solvency of the borrower.

Request for sponsorship is very often the cause of damaged relations in the family or in the company. So many self-preservation instinct loses fear of resentment on the part of someone close, and they agree to sign a contract of guarantee. Some guarantors and did consider his signature on the contract as the fulfillment of certain formalities, so sign the contract, it is not even really explored. And it is in vain, for in the contract of guarantee shall include all basic rights, and most importantly - the duties of the guarantor, under which a person puts his signature.

Consider what information the surety must necessarily clarify before signing the contract. To start with the concepts. Guarantor is a person (it can be not only physically, but also legal), fully shares the responsibility of the borrower to the lender under the contract. That is, in case of delay, admitted by the borrower, the guarantor is obliged to pay for his credit, together with default interest, penalties and interest.

Of course, the bank is advantageous to issue loans with guarantees, because in this case the chances of repayment of borrowings increase significantly. Demand, they can not at one face, and with two (if guarantors more, with 3, 4, etc.)

Experts say that the panic is not necessary to be afraid of guarantee. Just before you accept and sign the contract, you need to think things through properly and to examine the conditions of the contract. The main risks for the surety associated with the inability of the borrower to pay the loan (this may be due to illness, loss of livelihood, and even death) or banal reluctance (of course everything depends on the person). Before you sign the contract, the surety recommend, first, fully familiar with the terms of the contract, from the amount of the loan and interest rates, ending the penalties for delay. Sussed credit conditions, future guarantor must imagine the worst case scenario and determine pull it this loan from the financial side or not.

Secondly, you should try to gather as much information about the borrower. Especially it concerns the case when it comes to the future surety merely acquaintances. Of course, for such a friend is better not charge at all, but if you have no other choice, you should at least know where he lives, he works, he has a ton of property and. D. Of a surety for long-term loan for a large amount, the person may seriously undermine the financial position of their own and their family. So it is worth doing only in the most extreme case. If a person decided on a long-term guarantee on more debt, it is worth considering how the property can take advantage of the bank in the future to meet their requirements. Perhaps there is something to renew the relatives.

Quite frequent cases when management asks employees to vouch for the loan. Perhaps this is one of the most unpleasant situations. Failure may lead to dismissal, and consent - to ruin. Such is the dilemma turns. In this situation, everyone must decide for themselves. The main thing - to use common sense and do not allow to put pressure on myself.

How to Get express loan online or by phone?

Loans can be a very convenient solution for people facing some financial difficulties. Moreover, if you need money urgently, pay your attention to the express loan through the internet. Such loans may be made available for a short time, thus, the loan is usually small. Contents term loan, you can not only directly in the banking department, but also through the Internet or by calling agency staff on the phone. After the bank's employees will positive verdict on a loan urgently, then, again, on the phone will alert the customer of his decision, and then ask him to visit the bank.

In general, term loans, made out in the online format, were created in order to save time and money on the commission of bank employees. But do not forget that when you make a quick loan in a bank customer presence is necessary in any case. After all, he needs his hand to sign a contract for a rapid loan. This means that even if the bank decided to give you a loan on the phone, it still will not send you the money by mail. Information about giving you rapid credit appear on a Web page, so that the client can personally meet with the terms of its design, the size of the down payment, the credit rate and other conditions.

Nuances of obtaining express loan

To make an express loan, you simply need to call the bank on the phone, and then wait until you contact the bank staff. They who will explain all the details of a Term Loan. Official website of any bank shall contain information about such services. Express loans with an online registration account for any income customer, including all family members. Payment kreditozaemschik picks independently. Better draw term loan in those banks that have already proved themselves as responsible and reliable partner. The reputation of the bank is easy to check by the presence of various awards in the financial categories.

If your nominee meets the basic requirements of the bank, the loan application procedure is not difficult. For this, the borrower must be at least 17 years of age and must not be greater than 70. In addition, each bank varies this rule and adjusts it for yourself. Work experience in the workbook must be at least three months. Get a loan can be through bank branches, ATMs and cash desks. Pay attention to the commission of the bank terminals to which services you resort.

What you should know before you place your express loan

You must weigh the "pros" and "cons". Certainly pay attention to such an important time as the loan amount. Just a balanced approach to their needs. In no case do not take more money than you need. Discard the loan at all, if in doubt about its ability to repay it. Remember that the interest and penalties in quick loans are increasing exponentially.

Not important enough to read the terms of the contract. Certainly, it is difficult to understand all the nuances and subtleties without a qualified lawyer, but key terms, such as the interest rate, penalties, length of loan and other things you should know in order not to become a lifelong debtor.

In any case never sent over the network their access codes and passwords to the system. And remember that you should not transmit to outsiders and their instruments.

Certainly consider similar programs of other banks, match conditions by rapid credit. Maybe in another bank, you can get a loan at a lower interest rate.

Before you start processing the loan, carefully plan the dates when you will be most convenient to repay bank debt. This should be done to avoid further large monetary losses.

If you are pretty sure that the loan you need, examined all the conditions of its design, feel free to order by phone express loan. And after a short time you will get the loan without any red tape.

After a telephone conversation with the staff of the bank and discuss the possibility to get a loan, you must fill out an application for an urgent loan. For this, it is useful to know which mode is usually the procedure.

Standard application contains the required fields, where the borrower writes all personal data: date of birth, full name, gender, nationality, passport number, and other activities. If you arrange the loan in Express format, the lender may require you email address and additional phone numbers.

Necessarily indicate the preferred type of loan and the amount of their monthly income. Note that the type of loan is determined by the credit programs, which the bank provides for the moment. Loan application, furnished through the Internet, allow further analyze banking deals and choose the best for credit.

What to look for in the loan agreement?

It's not a big problem to issue the credit, but his right to review and understand all points of the credit agreement can not in any way due to the lack of legal and financial literacy of our citizens. Taking into account the fact that the contract offered by banks constitute competent lawyer, you can rest assured that they have taken into account every detail to make the agreement more favorable to the bank.

What points should be especially careful:

Interest rate. Most borrowers are paying great attention to this point, stopping the choice on that loan, which implies a lower interest rate. How do different? It turns out that things are not so simple. Must be able to truly "count between the lines." Employees of banks like mask different "little things" that are gradually increased to the borrower on the loan. For example: bank fee for account maintenance can be considered as the size of the original loan, without reducing as debt repayment; one-time fee for a loan also increases the interest rate.

Property liability in case of delay in repayment of loan debt, the failure of other duties (specify exactly what is meant by "other duties" - for example, change of residence or work).

Fees and other commissions. Looking through the contract, many people do not reach or pass this point, but in vain. It is necessary to clarify what is included in these payments. Often this requirement for insurance, fees for the examination of documents, payment of loan repayment cashless payments; Penalty for early payment of the loan.

In summary, we note that the treaty should be read in its entirety, making it clear to all bank employee unclear points. If there is a suspicion that the deal will not work on their own, you can seek help from a professional counselor. It's better to pay once for a specialist service, than to feel cheated.

For how long more profitable to take a bank loan?

If you have a need to take a bank loan, you need to determine not only the amount that you are going to borrow from the bank, but with the term, which will need you as the borrower to repay the loan.

At first glance, the question of the maturity of the loan is not as important, because in the foreground stands the borrower to implement their plans, so he takes care to minimize the risk of failure to fund it on a credit application. To do this, the client collects the documents determined the loan amount, the method of cashing it. However, the definition of the term loan - instant fundamentally important and crucial because it determines not only the financial burden on the payer in the coming months or years, but the amount of the overpayment for the loan. Correctly determine for what period the debt will be repaid - easy, given the highlights of credit risks.

Lending period is the time between the date of receipt of the loan and the maturity date of the loan, together with interest. Many payers believe that the redistribution of payments for a long time is more convenient, as you will need to pay a monthly lower amount, and for the family budget this burden becomes too noticeable. Other clients, on the contrary, believe that to get rid of the burdensome debt should as quickly as possible and are willing to pay the full amount immediately, "tightening the belt" and minimize their consumption. Both positions are extreme and have their downsides. It should take into account the time that the interest rate on the loan increases with the period of its maturity. On the other hand, trying to determine the minimum period of the loan, the client does not expose you to cope with its tasks. In the end, it risks to enter the late, spoil your credit history.

The stated amount of the loan banks grant, usually for a period of months to 5 years - it depends on the proposed lending program. Defining the maturity of the debt, the bank takes into account what the monthly payment may make the customer without significant damage to its traditional way of life. Typically, this amount does not exceed 40% of the monthly earnings of the client. In some cases delivery can be established, in the amount of 50-60% of the average monthly income of the family.

If your salary, for example, the 40 th. Rubles, the monthly payment on your loan will be determined in the amount of 16 thousand. Rubles. Suppose the bank lent to the borrower 160 thousand. Rubles. Dividing this amount by the monthly payment, obtain the optimal loan term - 10 months. But keep in mind also that it is necessary not only to return the loan, but the interest on it, as well as various commissions. So pay 16 thousand. Rubles have not 10 months and longer. Therefore, you will be advised to specify as the loan repayment period is 1 year, if not more.

If a customer expresses a wish to reduce the size of monthly payments, then this period will have to increase. However, as has been said, with the increase of the crediting period and increases the amount that the bank will have to pay a premium for the service.

If the client specifies the minimum term of the loan, in order to minimize overpayments, the bank may consider it risky borrower and even to refuse registration of the loan. For this reason it is best to specify in the application the optimal number. If the borrower will be free money, he can pay off your debt ahead of schedule, in accordance with the conditions prescribed in the contract.

The most popular myths about cash loans

If 5-7 years ago, bank lending was more designed for legal entities, over the last few years the situation has changed dramatically and the banks have to lend to people massively program of consumer loans. And the greatest popularity received a cash loan by which a borrower can obtain a sufficiently large sum of money for any purpose, without any collateral, guarantors or documents confirming income. But despite the fact that many customers have already evaluated the profitability of the banking product, there are at least three common myths about credit in cash, which actually have nothing to do with reality.

Myth 1. Get a cash loan is a snap. As you know, banks are positioning consumer loan without collateral and guarantors, as the most affordable loan. But this is just an advertising ploy that is needed to attract new potential customers. The fact that a loan for such a program, in theory, quite easy, you just have to give only a few identification documents. But in fact, if the bank has no comprehensive information on the borrower and his income, he can not properly assess its financial condition. And therefore, if the lender will at least some doubt as to whether the borrower pays the debt, he would prefer to deny credit. Unfortunately, this leads to the fact that banks often refuse to issue a credit solvent and quite conscientious borrowers. So get credit in cash from the first time may not be possible even in well-reputed client.

Myth 2. If a bank goes bankrupt, you will not have to repay the loan. This is not so! Even if the bank completely cease operations, it will be the transferee that a borrower will repay the debt. Furthermore, in case of his bankruptcy or liquidation, the credit institution may sell loans outstanding collection agency. So give the loan and accrued interest to the client will have to anyway.

Myth 3. If the borrower can not repay the loan in cash, the bank immediately submits it to the court or give a debt collection agency. The main goal of any credit institution - a profit in the long run. And when you consider that the interest on the loan - it is the main source of income of the bank, it is quite natural that the creditor is primarily interested in the fact that the borrower pays the debt for the entire loan period. Therefore, if the client have difficulty with repayment, the bank is required to go to meet him, offer debt restructuring or even vacation credit. Lawsuits in the courts, the sale of debt collectors - this is an extreme and highly unpopular measure, which is used only in respect of non-payers.

What does it cost to check with the bank employee when applying for a loan?

If you need money for future expenses, you want to buy new appliances or making repairs in the apartment, then quickly solve all your temporary financial problems by using the unsecured bank loan - a loan in cash, which, depending on the conditions of the program, you can get a term up to 5 years without collateral or guarantors. But is it easy to apply? Indeed, despite the availability of this type of loan, borrowers inevitably arises the same question: how to choose a profitable cash loan and savings when it paid? So if you want to get credit for the most optimal conditions for themselves, you should know what it is worth asking the bank employee.

1. How much will have to overpay when paying the loan? Of course, it is impossible to find a credit program in which you do not overpay on redemption of debt. But try to reduce the amount of future expenses for lending you quite capable. If you compare the terms of several loans, in order to select the most favorable credit, enough to ask the loan officer how much you overpay when it is extinguished. The lower the value of this index, the more you'll save money when paying.

2. Can I pay the debt ahead of schedule, and whether there is a penalty for? Cash loan refers to the "expensive" banking products, but significantly reduce your expenses, you can in that case, if the payment of the loan ahead of schedule. Although here too there are some nuances. Firstly, to repay large sums of benefit only under the condition that the prepayment bank does not charge additional fees. And, secondly, if credit conditions do not provide for any penalties, the bank may establish a moratorium for a period of 6-12 months for early payment of debt. Therefore, when choosing a credit program should pay special attention to this issue.

3. What are the insurance companies running the bank? The lender has the right to demand from the borrower that he insured his life, health or ability to work in one of the accredited insurance companies. But if you are not given the right of choice, citing the fact that the bank is working with only one insurance company, you'd better give up the credit, since such actions - a gross violation of the Federal Law "On Protection of Competition" (you can even make a complaint Federal Antimonopoly Service). Better to choose a bank that works with several insurance companies, as in this case, you will be able to compare their current rates, and to take out insurance on more favorable terms.

4. Can I make payments on the loan cashless way through another bank? It is possible that you eat on a business trip, will move to live in another city, or simply you will not have time to call in the bank in which you arrange the loan to make regular monthly payment. Therefore, in order "not to draw on" the penalties, it is better to pay the loan at the box office of any other financial institution cashless. Ask the loan officer, can I pay the loan in the bank side, which the commission provides for such an operation and details on what it should do.

5. For what else, besides the accrued interest and fees, you have to pay? In accordance with applicable laws governing the activities of credit institutions, the bank has no right to demand from the borrower, so he paid for his services to those who do not have any relation to credit. But many lenders "forget" about the norm of law, effectively forcing borrowers to pay for the opening or maintenance of additional banking products are not associated with lending. Ask the bank officer, for what else you have to pay, and if it turns out that in order to receive a loan in cash you will be required to pay for the service is absolutely unnecessary to you current account or card, it is better to abandon such a loan program.

Get a loan without collateral and guarantors simple enough, but to choose profitable and convenient loan program can not every borrower. If you make every effort not too lazy to ask questions loan officer will consider all possible nuances and become familiar with the loan agreement before signing it, you can save considerably on receipt and payment of cash loan.

How to save when paying cash loan?

Despite the fact that the cash loan is considered one of the most expensive banking products, you can use it quickly enough to get a large sum of money without providing collateral and guarantees. But what if you make a mistake when choosing a program and get credit for not entirely favorable terms? The obvious answer is to try to save it with the payment, the more that is quite possible. To do this is to adhere to the following rules.

Repay ahead of schedule. The faster you repay the loan, the less you will pay the bank interest for its use. So in your best interest to repay the loan ahead of schedule, making payments, the amount of which will be at least 20-30% more, if you can not fully prepay debt. But do not forget that under the 'creditor may specify the terms and procedure for such payments (for example, a bank may establish a moratorium on such repayment for a period of 1-6 months, or you can prepay the loan only when you make monthly payments). Perhaps prepayment bank will charge an additional fee or charge penalty interest, so before you advance to "close" the loan or part of it, read the terms of the program. Although most of the loans can be repaid large sums without any sanction from the creditors, which is beneficial for the borrowers.

Change your insurance company. It is possible that under the terms of the loan you are required annually to insure their lives and health in one of the accredited bank insurance companies. But no one can compel you to work with only one insurer, so you have every right to compare the rates of all accredited insurance companies and choose the most economical and profitable option. If you take out a cash loan for a period of more than 12 months, do not be lazy in the following year, when they are due to issue a new insurance contract, see the list of proposed insurance companies (bank may accredit the new insurers, whose cooperation would be more beneficial for you) . So you can save on payment of insurance premiums, and, consequently, on the payment of the loan.

Do not violate the conditions of the loan agreement. If you have at least a few days late with the introduction of the mandatory monthly payment, you risk even more to increase the amount of overpayment on the loan. Under the terms of many unsecured credit programs to unscrupulous borrowers apply very tough sanctions, which translates into additional costs of lending. After all, the late payment immediately begin to accrue interest and penalty interest, thereby significantly increasing the total overpayment rate on the loan. So, for example, a small unpaid time delivery within a few days of delay may increase 2 or even 3 times, and the borrower will still be obliged to pay it. So if you do not want to debts "from scratch", then carefully observe the conditions of the loan agreement and make timely payments.

Engage in lending. To repay the loan, which was received by a large percentage, you can receive a loan in cash or any other unsecured loan. It is beneficial in the event that the current prepay the loan you can without penalty, and the difference in the effective rate between loans is not less than 2%. But do not forget that refinancing - is, in fact, the design of the new loan, which means that you have to re-submit the loan application to receive it and completely go through the whole approval procedure. But if it helps you to save at least part of the proceeds on redemption of debt, you should not refuse this opportunity.

Even if you select a program you do not pay due attention to the proposed conditions of lending and are now forced to repay the expensive loans for you, do not worry about it. If you try to pay off the loan early, choose a more advantageous for you the insurer will not be late with the introduction of monthly payments, and if necessary even prefer lending, you can avoid unnecessary costs and significant savings in the payment of the debt.

Pitfalls of the credit agreement

Regardless of the type of program, the availability of collateral or guarantee, loan only after mutual signing of the loan agreement - the main document, which aims to regulate the relationship between the borrower and the bank that issued him a loan for the entire loan period. But such an agreement can be fraught with many dangers. In accordance with its terms, for what gets kreditoderzhatel borrow a certain amount of funds, it must take on certain responsibilities. But the bank that issued the credit, by contrast, gets only the rights and opportunities, through which it can monitor its borrower. But to give up part of obligations after signing the loan agreement the client is unlikely to succeed: to create such documents by experienced lawyers, so any appeal against his points in court almost unreal. But to make changes (negotiable loan) client also fail: banks never revise the terms of contracts and do not make them any amendments, which are asked to borrowers. Thus, customers are essentially forced to take out loans on the terms that they offer banks, even knowing that it can be extremely unpleasant consequences for them. But not all contracts are standardized. Some banks, using the fact that not all potential borrowers bother to fully read given them credit for the signature of the contract, complement them more dangerous items that give creditors and without more power. Therefore it is better to feed a bank loan application read this document and draw attention to it such items.

Conditions of early termination. The Bank has the right to dictate the terms on which it may request to terminate the contract. In this case, the borrower will be required to repay the loan as soon as possible (from 10 to 30 days of receipt of the notice), together with accrued interest, fees, fines, penalties, etc. But should carefully review the terms and conditions under which the lender has the right to use this opportunity. The fact is that many borrowers assume that the item bank credit agreement may apply only in respect of non-executive or malicious debtors kreditoderzhateley to make payments out of time. But the contract may specify other reasons, which are the reason for early termination of the contract:
- Failure to inform of change of place of registration;
- Failure to inform of changes in financial position (changing jobs, lower wages, etc.);
- Failure to inform about changes in family status (conclusion or dissolution of marriage, birth of children, adoption, etc.);
- Overdue insurance;
- The conclusion of the insurance contract with the non-accredited bank insurance companies, etc.

Of course, in most cases, banks use similar items of the loan agreement to the borrower only to discipline and to oblige him to tell him about all the changes in his life, which may affect the payment of the loan (usually bankers themselves remind customers of such need). But if the lender set a goal to prepay the loan (for example, it will terminate its activities and wants to maximize the "close" all credit obligations), then click on the early termination of giving him that opportunity. In turn, the borrower may challenge the decision in court, arguing that his main task - is the payment of the loan, and he successfully deal with it. But in order to avoid unnecessary costs and save your time and nerves, it is better not to issue a loan for which will have to sign a contract in which there are points of its early termination.

Banking costs. Under the terms of the loan agreement the borrower can take on not only the costs of registration and payment of the loan, and the bank and any costs associated with lending. For example, if a client wants to sue the creditor, it will be obliged to pay all his expenses on legal support. In turn, if the bank will seek repayment through the courts, the borrower would also have to assume all the costs associated with litigation, and then the same with the inventory of his property. The law regulating banking activities, is not clearly marked amount of costs that the lender can "hang" on the client, so the payment can be set absolutely any amount, the amount of which may even be several times the amount of the debt on the loan. And to appeal this item is not subject to the credit agreement, therefore, not to be in such a situation, it is better to refuse to cooperate with the bank that offers credit for such conditions.

Executive inscription notary. In the case of secured lending is better to refrain from signing the loan agreement, under which the bank can recover the mortgaged property to the debtor by the executive notary. Guided by this paragraph, the bank can recover the debt without resorting to the courts, contrary to the interests of the borrower. So better not confer such power bank, giving him the right at any time to take a pledge for the loan. Appeal the executive inscription notary in court will be very difficult.

The loan agreement can conceal other dangers. So before signing should consult with a lawyer or mortgage broker to help sort out all the paragraphs of this document and identify its pitfalls.