Before you make a loan, mostpeople think about which banks benefit from taking a loan. But in pursuit of the dream for which they take the money, people sometimes forget to pay attention to their solvency and possible force majeure circumstances.
How to calculate which loan is right for you?
Before dwelling on one credit offer, the best option would be:
- Calculate the possible creditworthiness and amount of payment per month under the contract. That borrower is considered solvent, paymentfor a loan in a month which will not exceed more than 50% of total income. The best option would be if this amount is 10 or 15% of your earnings. According to experts, this amount of payment practically does not affect the standard of living of the borrower.
- Have the possibility of additional income. Отличной альтернативой будет, если вы имеете extra money besides your main income. Even if your annuity payment is invisible to your budget, this money may be needed in case of unforeseen circumstances.
- To determine the approximate term of the loan repayment. Do not forget:the longer you take out a loan, the lower the interest rates on loans. No need to go from extreme to extreme, find the "middle ground". As the statistics show, the population prefers to take a loan for a year or two, but if it comes to mortgages, then for 5-10 years.
Getting a loan: the necessary documents
Today, almost every bank provides loans for any purpose. The most common type of loan is considered consumer credit. This
the loan is not targeted, and the borrower decideswhere he can spend the money, without the knowledge of the bank. Almost all banks have one list of documents for applying for a loan:
- Passport of a citizen of the Russian Federation.
- Certificate of income form 2-NDFL.
- SNILS, passport or driver's license.
- Additional documents at the request of the bank.
Which banks benefit from taking a loan?
As statistics show, at the beginning of 2015loan rates increased significantly compared with the period of 2014. It would be correct to associate this with the unstable economic situation in the country and the fall of the ruble.
First place is Sberbank.According to analytical data, this bank has the lowest interest rates. This organization holds its leading position in lending for quite a long time, using government support.
The average rate on a consumer loan in this bank is from 19% per annum.
"VTB 24" - in second place. One of the largest commercial credit organizations, which is present on a par with Sberbank in each city.
Getting a loan is possible with a rate of 21% per year.
The third most popular credit organization is the Bank of Moscow. It is also a non-state structure and closely cooperates with the population. Possible overpayment for the year from 23% per annum.
Sovcombank is the leader in granting loans to people of older and retirement age. But loan rates leave much to be desired and can reach 30% per year of lending.
Features of credit institutions
No expert can give you an accurate answer.to the question of which banks benefit from taking a loan. When applying for a loan, you should note that each bank has its own nuances. Before calculating the interest rate, it is necessary to take into account such factors: the loan amount, the crediting period, insurance under the contract, the estimated tariff, the availability of collateral or guarantor, your data from the CII and much more. Based only on these data, the lender will be able to calculate the amount and interest rates on the loan, but only on the condition of a personal appeal to the bank.
Conditions for obtaining a loan
Almost all banks have the same requirements for the borrower:
1. Passport of a citizen of the Russian Federation.Some banks make concessions and allow a person to obtain a loan for temporary residence, the law does not prohibit this, but in practice it happens very rarely.
2. Age from 21 to 65 years.The exception in this section may be Sovcombank, which provides loans to retirees under the age of 75 years, provided that at the end of the loan agreement you must be no more than a specified age. At the time of application, you should have a maximum of 70 if you expect to take a loan for 5 years, and 72 years if you take a loan for up to three years.
3. Official work.No bank will issue a loan to a non-working person. A confirmation of your employment can be a certificate 2-NDFL, a certificate of state registration of you as an individual entrepreneur or the fixation of your company in the form of LLC, CJSC, JSC.
4. Good credit history.The presence of repeated delays in the repayment of loans in the past in 100% of cases will serve as a reason for refusing a loan. And the absence of your data in the credit bureau can also serve as a rejection of your application. Experts advise to borrow a low-cost thing: a phone, home appliances or furniture, and regularly repay the loan, thereby establishing itself as an able, responsible borrower. If you are refused right after ten minutes after the application, you can be sure that your bad credit history may be the cause, as the banks check the data from the CII first.
Customer reviews about banks
Answering the question "which bank is more profitable to takeloan ", it will be important to pay attention to the organizations servicing the loan, whose reviews will allow you to present the whole picture of the lending services offered in this bank. Pay special attention to real negative reviews.
Before deciding which banksit is profitable to take a loan, always check for yourself whether your ability to pay. It is undesirable to take a loan if the monthly payment exceeds 40-50% of your income. Do not complain about the possibility of payment under the loan agreement ahead of time, not taking into account force majeure. And finally: do not shift the blame on the credit institution in case of your difficulties in paying the mandatory monthly payment, you should always approach the loan with a "cold head".
