/ / Deferred payment is insurance against a difficult situation.

Deferred payment is insurance against a complex situation

The credit market is not quite good.situation: approximately 25% of borrowers have problems with loan repayment. The problem lies not in the actions of a fraudulent focus and even in the inadequate assessment by bank experts of the client's solvency. Everything is much simpler - the reason in ordinary life situations. No one is immune from health problems as well as from losing a job. Depending on the nature of the situation, the borrower may lose income partially or fully, as well as experience temporary employment difficulties.

About a quarter of customers losesolvency for reasons beyond their control, which, alas, cannot be foreseen. Unfortunately, unforeseen situations cannot be prevented, but they can be insured against their consequences. This is not about the insurance program at all. A loan with a deferred payment - this is the most effective option of insurance against the will of the case.

How to get money now and pay later

It is important to understand that deferment and installments arecompletely different things. Some borrowers consider these concepts to be identical, which can later lead to certain problems. Deferred payment is the repayment of a debt that has been postponed for another term, longer than the one specified in the loan agreement. Some loan programs initially provide for a deferment of payment. The loan agreement specifies the initial installment required to be paid on a specific date and the period of deferment.

Such loan programs are extremely profitable.aspiring entrepreneurs - not every business begins to immediately generate income. It takes time to make a business profitable. The delay allows the business to grow and significantly reduces the costs of an entrepreneur who has just opened his own business. In some cases, the delay can be provided individually, even if this item is not provided for in the loan agreement.

Banking loyalty is not a myth, but a reality

Almost all banks are loyal to borrowers - this isfact. This circumstance is explained not by the sensitivity, sympathy and understanding of bank employees, but by the logical desire to minimize losses. It is worth noting that banks do not show loyalty to borrowers who shy away from credit obligations. A client who is in a difficult situation should contact the bank’s employees, and it is advisable to do so even before the solvency is lost. A borrower who has informed bank representatives of his problems and the current situation may be granted a deferment of payment, even if it is not provided for in the loan agreement.

The delay period and other nuances are individual inin each case. It should be noted that if the borrower clearly shied away from credit obligations, then there would be no question of a deferment. Although, by a court decision, a deferment of payment can be provided in addition to the desire of banking experts, however, these are special cases, depending on many third-party factors.

To get a deferment of payment through the court, it is worthuse the services of competent professionals involved in resolving issues such a plan. An inexperienced person is very difficult to convince the representative of Themis the need to provide it. Many borrowers, having got into a difficult situation, prefer to refinance a loan - in some cases this solution is more acceptable than delaying payment, for example, provided that the client has not completely lost his solvency. Credit brokers offer a variety of refinancing options, allowing you to pay on existing liabilities at the expense of a new loan with a lower rate.