Lending to individuals or how to get a bank loan?

s it possible to live in the credits? And where to get the credit? Of course, it is best to get a bank loan . For the developed countries to take the credit in the bank - this is natural and normal. People are also being raised in 70 years to live only on " wages " and "paycheck to paycheck " is still difficult to overcome the psychological barrier of fear and to solve their current problems to use a bank loan. But the situation is beginning to change. Obtaining and credit management today is an integral part of our reality today.
Russian commercial banks develop, expand and improve . Depending on demand , are formed and go to market various types of banking services (operations) . One of the main services of banks - deposits placed with individuals in order to generate revenue , ie lending. Given the lack of funds from the general population , as well as the presence of growing demand , retail lending has become the main way to solve some domestic problems of the population and is increasing demand.
Analysis of the data at the request of the Internet shows that the monthly average , banks are interested in Russians about 2 million times , loans - more than 0.5 million times, and credit to individuals - more than 0, 4 million times . Based on the review of requests , we can highlight the most popular bank, Sberbank is Russia - about 0.2 million requests per month - how to get a bank loan.
Loans - are loans in the form of money or goods, the terms of repayment , and usually the payment of interest . Of course it would be better to receive interest-free loans, but in life it does not happen . The population of developed countries has been successfully used for the needs of their loans : short-term and long-term . Interest rates on loans, there is much lower and less painful for the family budget than we do .
Russian commercial banks finally starting to turn around , too, face to the public, improving and simplifying lending and extending loan types and their diversity. However, the bank loans of the road: the interest rates on loans and credit co- registration services of banks are in total about 25-35 % of the amount of the loan .
Lending to individuals in recent years is growing rapidly in volume. On that not only are granted loans : to repair the apartment , a loan for the purchase of cars, on cell (mobile ) phones , credit for the tires , commodities, credit , household appliances, and others. Exemplary types of loans :
* The credit for urgent needs , personal loans
* Loans for buying a car ( car loans, car loan, auto loan , a loan for used cars )
* Commercial loans ( for home audio and video equipment , etc.)
* Loans for young families
* Loans for real estate ( housing loans , loans for construction and renovation )
* Express - Loans for the purchase of goods ( through the representatives of the bank in stores )
* Mortgage loans
* Loans on wages,
* Learning Credits .
* Trust loans.
* And other
They decided to take the credit ! Do not know where to start ? First, you must determine the required amount of money. Secondly , choose a commercial bank, visiting a few . Each commercial bank you need to find a consultant on lending to individuals and explain your problem. He will offer you a number of programs that would fit your need . To select a specific program for credit, get all the answers to your questions on each of the programs . Credit management starts with choosing the best option , as follows:
* In what amount you can receive loans. To get a reasonable response consultant , you should have better information on wages for the last year of all working members of the family for the calculation of income ;
* What are the loan interest . Too low interest rate should alert you to the bank never loses their income. Certainly , the income of the bank get the associated credit services. If we are talking about free loan for the purchase of household appliances through the store , with which the bank has a cooperation agreement , the interest-free loans do not exist. Banks are not philanthropists . Interest cost and services is already incorporated in the price of goods, which is easily verified in a nearby store . Get a calculation of the amount of interest for the entire period of the loan .
* Find out which services are provided by a commercial bank in the design and maintenance of credit. Get a calculation of the cost of these services (consultation on the loan, loan application , loan account opening , loan account maintenance , inspection and evaluation of collateral, loan disbursement of cash, servicing a loan , insurance, mortgage insurance contributions ... ) . The optimal amount of monthly payments to the bank of the monthly income of the family - 15-25 % , it is tested in practice , it has turned more - could be financial problems
* In what currency loans. It is safest to get a loan in rubles. When exchange rates are not stable , then the conversion may lose significant money .
* Do I need guarantors and how many people . Better to choose a loan without guarantors, or with a minimum number of them . Guarantors are jointly and severally liable for repayment of the loan , interest and any penalties for the entire period of the loan . Inadvertently people can substitute .
* What is the term loans are issued . Try to compare your income with a choice of the type and term loan .
* Can I interest loans and extinguish prematurely . Many commercial banks do not allow early , the monthly payments on the loan. The money will be made ​​ahead of time to lie on your checking account with no traffic . In particular contract , the bank will write off only specific to calculate the planned amount and no more. Which bank will like to lose revenue ! And many types of loans even provide for early repayment of the loan, interest payment in full of the initial transfer. That is, paying off the loan early , you will save your money ;
* What are the shops commercial bank operates and whether it desired product. Many banks have items consultation and processing the loan in stores ;
* What is accepted as collateral or unsecured loans are collateral. In support received and purchased equipment or machine ;
Every citizen who wants to take the credit ( loan ) must tend to follow general requirements for all banks :
* Permanent residence in the territory served by the bank (permanent residence permit )
* Have a principal place of business in the territory served by the bank ( certificate of employment )
* Have a continuous period of employment in the last ( current ) location of at least one year ( the individual loans less)
* Does not have arrears on loans previously obtained ,
* Be solvent ( the calculation is made by the bank on the basis of the applicant's income or income-based his family).
* To be between 18 to 60 years. Some banks give small loans today and pensioners.
Loans (loans ) are not made ​​to the following applicants :
* Not working citizens and pensioners,
* Citizens who are under investigation,
* Citizens with outstanding conviction , including probation .
If loans with collateral that can be offered to the bank as collateral. Types of collateral :
1. income ( salary ) ;
2 . surety ( family members, other individuals , legal entities) ;
3 . security of property (houses , flats , machine tools , privatized land, livestock ...);
4 . pledge of securities;
5 . bail jewelry ( not all the banks because they do not have a license) ;
6. pledge of personal property (household appliances , audio - visual equipment , car, headset ... ) .
All types of security documents necessary to confirm the ownership and value, the sum of all items offered as collateral for loans to individuals , exceed the amount of the loan with interest at the appraised value of the bank. As banks , determining the realizable value of collateral , enjoys lower the odds , the property with long life offer is not desirable.
The bank is selected , the loan is defined, begins the paperwork. The Bank issues credit agreement for lending to individuals , which is transmitted to you for signature. To sign - it's not tricky . I recommend that you take the contract home loans , all carefully read. When working with an expert of the bank, do not always sounded all the conditions of the loan, which can then result in losses. Once again, in a relaxed environment , to calculate all costs and only then sign a contract for a bank loan. Remember that credit management starts with counting all income and expenses. For each loan credit application forms ( documents ) and then executed issue .
You can use the loans , only each time carefully calculate their solvency . And most importantly, remember that loans are often dragged into financial bondage for a long time .

And before you make a decision about the choice of the bank and the type of loan , I recommend that you familiarize yourself with this service in several banks . Interest rates and conditions may be more acceptable.