Consumer loan - how and in which bank it is better to take it at a low interest rate + TOP-5 credit organizations where you can get a consumer loan without income and guarantor certificates

Today's publication is dedicated to a popular topic - consumer lending. We will tell you what a consumer loan is, where and how to get it on favorable terms, in which bank it is realistic to get a consumer loan without income and guarantors at a minimum percentage.

From the proposed article you will learn:

• What is called consumer credit and what are its pros and cons;
• Which distinguish forms and types of consumer loans;
• What stages need to go through to get money for consumer needs;
• Which bank is better to take a consumer loan with a minimum interest rate;
• Where loans are issued without references and guarantors;
• How to make the necessary calculations.

You will also find information on refinancing consumer loans and answers to frequently asked questions.

The article will be interesting to those who want to take a loan with maximum benefit and comfort. Moreover, it will be useful to read the publication presented to everyone who is interested finance, including personal.

What is a consumer loan and how to get it, in which bank can I get a consumer loan in cash without income and guarantors - more on this and more

1. What is a consumer loan and what are its features?

Today, people are surrounded by loan offers. Calls for a loan are poured in from everywhere: from TV and newspapers, from advertising posters, from Internet mailings. Moreover, not everyone understands what constitutes consumer loans.

Meanwhile, it is customer credit Today it is one of the most promising services in the banking market. For a client, the convenience of such a loan lies in the ability to use the money received as he wants.

Regarding the definition, consumer credit is a loan, which is provided by a credit institution (bank) to an individual to satisfy their own needs. Directions for spending received funds may be different, eg, payment of any goods or services.

Main feature consumer credit is no need to confirm the direction of spending borrowed funds. Even in cases where the bank asks to indicate the purpose of borrowing in the application, no one will check this information.

Moreover, for a consumer loan, the registration procedure easierthan for other types of borrowing. Need to provide much smaller list of documents, and time to get the money will be spent a little.

Main purpose such lending is growth in consumer opportunities. Therefore, you can get a loan for consumer purposes not only in the bankbut also in stores. Moreover, today such a service is provided even online stores in online mode.

2. Advantages and disadvantages of consumer loans

Like any other financial service, consumer credit has several advantages and disadvantages. Before deciding on a loan of this format, any citizen should carefully read them.

2.1. Benefits of (+) Consumer Credit

Among the advantages of a consumer loan are the following:

1. Possibility to use funds at the discretion of the borrower is the main advantage.
2. There is no need to provide collateral and guarantors. During the struggle for each client, banks constantly simplify the procedure for obtaining consumer loans. The package of documents for obtaining such a loan is minimal, often only a passport is needed.
3. The minimum time costs. Due to the provision of a minimum of information, banks issue consumer loans very quickly. Usually the whole procedure takes several hours. Sometimes you need to wait two to three days.

When issuing a consumer loan, a simplified check of borrowers is carried out. Banks are developing special schemes for the accelerated solvency analysis, therefore, offers to issue express loan. In this case, you can get the money just a few minutes after submitting the application.

Despite a fairly large number of advantages, consumer lending has several disadvantages.

2.2. Disadvantages (-) of a consumer loan

Among the minuses are:

1. Pretty high percentage. Fast issuance, as well as a minimum package of documents lead to the fact that the risk of non-return of funds increases significantly. To protect themselves, banks usually install on similar programs. high interest rate.
2. There is no way to get a large sum of money. Typically, the maximum size of a consumer loan is limited to two hundred thousand rubles. In very rare cases, it can reach 1,5 millions.
3. There may be commissions. The borrower should remember that when applying for a loan it is important to carefully study the contract. The presence of various commissions leads to a significant increase in the cost of credit. Moreover, often banks require the borrower to take out some kind of insurance, eg life, health or non-return. Naturally, even with early repayment of the debt, insurance premiums are not returned.

Thus, consumer loans have both virtuesand disadvantages. Before signing a loan agreement, you should carefully study them, having weighed all the available pros and cons.

If you treat the loan with maximum responsibility and seriousness, you can avoid a lot of trouble in the future.

3. Types and forms of consumer credit

Today on the market there are proposals for processing various consumer loans. They can be classified using various signs.

The following forms of consumer lending are available:

1. personal loan - the usual version of borrowing for everyone, when the application is executed, and after its consideration money is issued;
2. credit cards - drawing up a separate bank card, on which you can spend money by borrowing it;
3. overdraft - the ability to use cash in excess of the amount available on the account;
4. installment plan - Installment purchase is usually used for expensive goods.

As for the comparison of types of consumer loans, this is easiest to do using the table:

Thus, the modern borrower has a huge number of consumer lending options.

To choose the best loan, you should evaluate the conditions for each specific case.

Consumer loan procedure

4. How to get a consumer loan - 7 main stages of obtaining a loan for consumer needs

Those who decided to get a consumer loan should not forget that by signing the contract, the borrower assumes the obligation to pay the loan. But signing an agreement - This is one of the final stages of receiving money, it is preceded by several simple steps.

Since for many the procedure for obtaining a loan looks complicated and incomprehensible, we decided to tell in detail what stages it consists of.

Stage 1. Choosing a credit institution

When choosing a bank, you should pay attention to how long it works in the market. Those institutions that have been able to withstand significant competition over the years are causing the trust. They probably have sufficient stability.

Often, less popular lending institutions, to attract the attention of customers, offer more low interest rates. Turning to such institutions, you should be extremely careful.

Often, a reduction in interest rates is offset by a significant number of additional payments and commissions. Moreover, there is a risk of contacting scammers.

Stage 2. Choosing the right conditions

Within the framework of one credit institution, several programs for obtaining a loan may be offered. Comparing them, you can not focus on the interest rate, because its minimum size is not a guarantee of a cheaper loan.

It would be more appropriate for comparison to take into account the full cost of the loan, which includes, in addition to interest on the use of funds:

• commission for depositing funds;
• insurance premiums;
• prepayment fee;
• other payments provided by the loan program.

Stage 3. Filing an application

To reduce time costs at this stage, it is advisable to take advantage of the design preliminary application. Approval on it cannot guarantee receipt of funds, since the final decision is made only after the submission full package of documents. At the same time, failure will help save time and effort.

Most banks offer a preliminary application in three ways:

1. At the bank branch the employee will tell you about the loan conditions, tell you what documents are needed. Moreover, if you wish, you can immediately go through a preliminary survey. Some banks do not fundamentally lend to certain categories of citizens, you can also immediately clarify whether it is possible to arrange the necessary amount. The disadvantage of this method is the need to spend time visiting the bank, waiting in line.
2. In the shop. Often in retail outlets are employees of banks. They can print out a questionnaire and a list of documents, advise on the conditions of the loan. However, often credit counselors in stores are poorly oriented in all banking products, since they mainly focus on commodity loans.
3. In online mode. This option is the most optimal. To submit a preliminary application, there is no need to leave the house. You can do this at any time by visiting the website of the lending institution of interest.

In any case, during the designated period of time, the borrower will be given a preliminary decision on his application. If the answer is yes, you can move on.

Stage 4. Preparation of a package of documents

The package of necessary documents is largely determined by the loan amount. If it is small, most likely the bank will only require passport and second document.

May also be required income statement and copy of work bookthat are issued through the employer.

If a potential borrower claims a rather large sum of money, the package of documents may be imposing.

Stage 5. Preparation of the final application and communication with a bank employee

When the entire package of documents has been collected, you can go to the nearest office of the credit institution. Here you have to issue final application and chat with a loan officer.

It is at this stage that the final discussion of all credit conditions takes place. The borrower should remember that if there is any misunderstanding, it should be resolved at that moment. After the contract is signed and the loan is granted, nothing will be fixed.

Stage 6. Signing the contract

If the borrower signs a contract, it is considered that he agrees with all the conditions specified in it. That's why important carefully study the text of the agreement before signing it.

Do not forget that if the conditions of the loan agreement are not fulfilled, the borrower's reputation may be damaged.

Stage 7. Receiving cash

The form for receiving funds is determined by the terms of the loan agreement. Most often they give out money in cash through the bank cash desk or by transfer to a card.

Recently, some banks began to offer the service of moving an employee home or to the office of the borrower.

Thus, there is nothing complicated in the process of processing a consumer loan. It is important to go through seven stages sequentially, observing the necessary rules.

5. Which bank is better to take a consumer loan - TOP-5 rating of Moscow banks with a low interest rate

In the process of obtaining a consumer loan, it is important to take the choice of a bank as seriously as possible. Don't forgetThat will have to cooperate with this organization for a rather long period of time.

The best way - banks that lend to the population for more than one year. This allows you to judge not only about their popularity, but also reliability.

The market has a huge number of offers from various credit organizations. Comparing them all is almost impossible. That is why we gave a rating of the best banks operating in Moscow and other Russian cities in which the conditions the most profitable.

No. 1. Sberbank

Sberbank of Russia - invariably remains the most popular lending institution in our country. As part of an inappropriate loan, you can get here before one and a half million rubles. Moreover, the interest on such loans is 14,9 per annum, which is lower than in many other credit organizations.

Moreover, for those who receive wages using Sberbank cards (and there are a lot of such citizens), the interest rate is reduced here.

The maximum term for which a loan will be issued is five years. The application is considered up to two business days.

No. 2. VTB

You can get a maximum consumer loan at VTB on 3 million rubles for up to 60 months. The interest rate will be 16,9%.

There are various conditions that make credit more profitable. So, if you want to reduce the interest rate in the bank, you can insure life and health.

Also, citizens who receive wages on VTB bank cards can count on the best loan conditions.

Number 3. Sviaz-Bank

Svyaz-Bank specialists have developed a large number of different programs for lending to citizens.

Inappropriate loans here can be issued under 15,5% per annum for up to 60 months. In this case, you can receive cash in the amount of before 750 thousand rubles.

Number 4. Citibank

To apply for a consumer loan, it is enough to provide two documents - passport and income certificate. At the same time, the interest rate at Citibank is at a very low level - only 15%.

True, enough are presented to borrowers serious requirements. In addition to being a citizen of the Russian Federation, a permanent monthly income for applying for a loan must be not less 30 000 rubles. If the client meets the above requirements, he can receive before two million rubles.

No. 5. Renaissance Credit

Here they offer to issue a loan with a rate 15,9% per annum. Moreover, the maximum period is 5 years.

You can apply for the amount from 30 before 500 thousand rubles. You won’t have to wait for a long answer - a decision will be made on the same day.

Thus, get a loan at a minimum interest rate is quite real. It is enough to know which credit institution to apply to, as well as to comply with its requirements for borrowers.

On our site there is a separate article about a mortgage loan, in which we wrote about how and where it is more profitable to take a mortgage.

6. Which bank has the lowest interest on consumer loans in 2019?

Most citizens, choosing a bank for obtaining a consumer loan, first of all pay attention to the proposed interest rate. Experts believe this approach is right, because it is from this indicator that the cost of servicing the loan will depend.

In the search for the minimum interest, it is important to consider that its size is largely determined by the status of the client in relation to the bank, as well as the number of documents submitted.

Respectively, the more fully solvency is proved, the lower the rate you can count on. That is why when applying for a loan with one or two documents at a small rate, you can hardly count on it.

First of all, it is worth considering the conditions in the bank serving your salary card. It is to these categories of customers that credit organizations usually lower their rates. So, Sberbank upon receipt of a salary on his card, he agrees to issue a loan in the amount of up to three hundred thousand rubles under 13,9% per annum.

An interest rate reduction can also be counted in those banks where the loan has already been paid successfully. Such borrowers are trusted by credit organizations.

As for specific banks with a minimum interest rate*, we advise you to pay attention to the following ones:

• if the purpose of the loan is payment for educationbest to contact Sberbank. There is a special target program, where the rate is from 7,5%;
• seniors can safely go to Sovcombankwhere can I get to one hundred thousand rubles under 12% per annum (we wrote about how to get a loan to a pensioner on favorable terms earlier);
• Rosbank offers the best conditions - 13,5% for those who work in the field of budget, a surety will be needed to get a loan;
• property owners can contact the bank Prime Creditwhere, in the presence of collateral, they are ready to issue a loan against 14%;
• Orient Express Bank ready to apply for a loan up to fifty thousand by 15%;
• if you want to get a large amount (up to million rubles) for a long period (up to 15 years) should contact Credit Bank of Moscowwhere the annual rate starts from 15%.

* Check the relevance of interest rates on loans on the official websites of credit organizations.

Where and how is a consumer loan calculated - possible calculation options: an online calculator on a bank’s website or a direct appeal to a credit institution’s office

7. Calculation of a consumer loan - 2 easy ways to calculate a consumer loan

Even when choosing a loan program, a desire often arises calculate consumer credit parameters - amount of payment, overpayment, etc. You can do this in two main ways: by contacting the nearest bank branch or by visiting its page on the Internet.

Method 1 Visiting the office of a credit organization, the future borrower can in a personal conversation with a loan officer find out all the parameters of lending.

Plus (+) This option is that if you have questions you can immediately get answers to them. Moreover, if the conditions suit the client, and you will have the necessary package of documents with you, there is a possibility apply immediately.

However, in visiting the office there are also disadvantages (-). You will have to spend your personal time visiting the bank and waiting in line. This time will be wasted in vain if the client’s lending conditions are not satisfactory.

Method 2 Calculation of a loan through an online loan calculator is more optimal. In this case, it is enough to have a computer or any other gadget with Internet access (leave your home or office will not need).

Consumer loan loan calculator can be found through a search engine or use the one located on the official website of the selected bank.

In principle, there is no particular value which particular calculator to prefer. The essence of them is exactly the same, just enter the following information in the appropriate fields:

1. amount of the desired loan;
2. interest rate for the selected program;
3. loan term (most often indicated in months);
4. option of making payments - annuity or differentiated.

It is important to understand what the differences between payment options are:

• Annuity - This is a monthly payment, which throughout the entire term remains the same.
• Differentiated - a payment that decreases over time, that is, at the very beginning, you will have to pay large amounts to pay the loan.

As soon as all fields are completed, click the button "Calculate". The program will give data on all loan parameters.

In separate articles, we also wrote how to calculate a mortgage online and make a car loan using a loan calculator.

Thus, the most effective option for calculating is loan calculator. It allows, without leaving home, to compare several lending schemes. In addition, you can understand how much the loan will be optimal in terms of the size of the payment.

What you need to know about refinancing or, as is often called, refinancing consumer loans

8. Re-lending (refinancing) of consumer loans - what is it and in what cases should it be used

It is not uncommon for a borrower to overestimate his financial capabilities, his life situation has changed, and credit conditions in the market have become more profitable. In all these cases, you can use loan servicewhich financiers call refinancing.

What is credit refinancing (refinancing)?

Under refinancing understand the design of a new loan agreement with the aim of closing a previously received loan. It can be beneficial when the program offers more interesting conditions.

Usually, to obtain a positive decision on refinancing programs, it is necessary to have not only a sufficiently serious package of documents, but also positive credit history. Sureties and collateral may provide an added advantage.

Considering the possibility of refinancing a consumer loan, it should be understood that the new contract will not save a person from dependence. The decision to participate in such programs should be taken carefully, it can only be justified in some cases:

1. To reduce the loan rate - this reason for refinancing is one of the most common. In the case of long-term lending, it often happens that subsequently rates are reduced. In these conditions, I do not want to lose good opportunities and pay more than possible. Having drawn up a refinancing agreement, the borrower closes the existing agreement and begins to repay the new one under more favorable conditions.
2. Unable to pay off next monthly payment. In cases where the financial situation of the borrower has changed, it becomes difficult for him to pay the loan on time and in full. In this case, you can try to draw up a refinancing agreement, under the terms of which the payment will be less.
3. The need to change the credit organization. The reasons for this may be different: 1) the best loan conditions in another bank; 2) not satisfied with the quality of work of a credit organization; 3) there is no way to repay a loan in an old bank under the current conditions.

Regardless of the reasons that led to the need for refinancing, it is important to carefully consider the terms of the new agreement. Often when refinancing, it is not possible to repay a new loan ahead of schedule. If such a decision is made, the borrower will have to pay fines (penalties).

9. Answers to frequently asked questions (FAQ)

Despite the apparent simplicity, the topic of consumer lending raises a lot of questions. To facilitate the collection of information for our readers, we tried to answer the most frequently asked of them.

Question 1. Where can I get a consumer cash loan without income statements and guarantors?

During the crisis, some credit organizations suspend the issuance of loans according to the most loyal schemes, trying to thoroughly study the solvency of potential borrowers. Nevertheless, some banks in the conditions of fierce competition are trying to lure citizens by offering to issue urgent cash loans. Their conditions do not imply the provision of a full package of documents, as well as the availability of guarantors.

Important! Borrowers should be careful with similar offers. Do not forget that in the absence of certificates and guarantors, credit conditions are less favorable.

The lack of documentary evidence of solvency leads to the fact that the risk of non-return of funds increases. In such situations, it is quite natural that banks want to play it safe. That is why, in the absence of certificates and guarantors, smaller amounts of money are issued, and interest rates in this case are quite high.

In more detail about where and how to get a loan with bad credit history without information on income and guarantors, we wrote in the last issue.

When choosing a bank, people usually try to collect maximum information about the offers on the market and compare them. It can be difficult to do this, because today a huge number of credit organizations offer to get a consumer loan without references and guarantors.

In such conditions, it is often wiser to abandon independent searches, using ready-made ratings from specialists.

Below we will talk about the best options in our opinion.

1) Sberbank

The most popular bank in Russia has quite serious requirements for its borrowers. But here there is a chance to get a loan according to a simplified scheme.

You can do it in shopsselling household appliances and automobiles. A loan is issued by Sberbank target - for the purchase of a certain product, subject to payment 10% of its value.

Application review takes from one hours to one of the day. A citizen of the Russian Federation who has turned one can apply for a loan 23 of the year. You will need to present a passport with a permanent residence permit.

The loan term in this case is from 3 months before 2 years. The interest rate is fixed at 16% per annum.

2) Orient Express

This bank has a large number of consumer lending programs. Exist as non-targeted loansand to pay for certain goods and servicese.g. travel, repairs, education.

Loans can be issued to those who have reached the age of 25 years. You will need only passport. Maximum loan amount - 200 000 rubles. The rate varies from 22 before 47 % per annum. Loan term should not exceed five years.

3) Bank "Renaissance Credit"

In this bank, consumer loans are issued in the amount of before half a million rubles, term - from 2 before 5 years. You can apply when you reach the age of 24 of the year.

The rate is set between 15,9 before 74,9 percent. To apply for a loan, it is enough to provide one document - passport. Naturally, in this case, the rate will be maximum.

True, the bank allows the borrower to reduce the cost of servicing the loan by early repayment, which is carried out here without additional fees.

4) Alfa Bank

Alfa Bank has the opportunity to obtain a loan at a rate 29,3%.

In the absence of certificates and guarantors, the borrower has the right to apply for a loan of before 100 000 rubles. The maximum term is eight months.

If you want to reduce the cost of servicing a loan, you can repay it ahead of schedule, in Alfa-Bank this service is absolutely free.

5) Bank of Moscow

Here they offer to get to 100 thousand rubles to all who have reached 21years of age. Percentage varies from 23,5 before 49,9 per annum As a gift to the borrower, the bank provides credit card.

The only negative of lending here is the need to collect a tangible package of documents.

In addition to a passport, you may need:

• driver's license and documents for the car;
• receipts for payment of various household services;
• certificate of SNILS;
• bank statement for the last six months.

Thus, the number of banks offering loans without inquiries and guarantors is not small. If you decide to contact one of the companies on our list, we recommend study loan terms in more detailby visiting her site.

Moreover, there you can file preliminary applicationthereby saving a significant amount of time.

We also recommend reading our article on where to get money if all banks and microloans fail.

Question 2. How to apply for a consumer loan online with Sberbank?

Recently, more and more people are taking the opportunity to apply for a loan at online. This service allows you to avoid standing in lines, thereby saving time. Moreover, an application on the bank’s website can be issued at any convenient time without leaving your home or office.

Those who decide to get a consumer loan at Sberbank should remember that this credit institution has serious requirements for its borrowers. In addition to credit history will also be taken into account level and stability of income. That is why you should not waste time visiting the office, it is better to immediately fill out a preliminary application online on the bank's website.

Click on the “Loans” section, follow the link “Get a loan from Sberbank”, prepare documents and fill out the application form

The entire application process will take no more than a quarter of an hour. At the same time, in a convenient service, you can not only choose the best option for lending, but also evaluate your financial capabilities.

The fact is that after the introduction of the term and amount of the proposed loan, payment is immediately calculated, as well as overpayment.

Citizens who meet the following criteria can apply for a loan at Sberbank:

• age - not less 21 years but not more 65 years on the day of complete cancellation;
• continuous work experience of at least one year;
• work experience at the last place of work no less 6 months.

Should rememberthat for those who receive wages on the card of Sberbank, the requirements are relaxed. It is enough to work in the last place for 3 months, and continuous experience should be at least six months.

To apply, you need to choose a loan program and familiarize yourself with its terms. After that, the questionnaire is filled out. When specifying a period, please note that it cannot exceed five years.

After filling out the questionnaire, you should send it to the bank by pressing the appropriate button. The review period is from 2 hours before 2 days. The response to the applicant will be reported by the telephone or e-mail.

If the solution is positive, to complete the process of applying for a loan it will remain to visit the bank office with the necessary documents. Traditionally, these include a passport and documents confirming income. Most often for persons employed, this is a certificate of salary from the place of work.

Thus, applying for a loan at Sberbank via the Internet greatly simplifies the process of applying for a loan. You do not have to waste time and once again stand in lines.If you were denied a loan at a bank, then you can take a microloan online on a card in 5 minutes without checking your credit history and most likely without a refusal at one of the microfinance organizations (MFIs).

Question 3. How to get a consumer loan SP?

The opening of private entrepreneurs (individual entrepreneurship), unfortunately, does not exclude the need for borrowed funds. Quite the contrary - the need for them is increasing, because entrepreneurs need to provide not only personal needs, but also their business. Moreover, obtaining even an elementary loan for an entrepreneur is often very strong is different from clearance for an employee.

The biggest problem for entrepreneurs is that it is not easy for them to confirm their income. Moreover, making a profit while doing business is not guaranteed. At the same time, banks are wary of potential borrowers whose income is uncertain.

Ways to get a loan for consumer needs of an individual entrepreneur (individual entrepreneur)

A way out of this situation for an entrepreneur may be express loan processing. In this case, the credit institution does not carry out a thorough check of the borrower, it may not even know that the applicant is self-employed.

Of the documents you only need passport and second document (and you can choose it from a large list), documented income will not need.

When applying for a quick express loan, the bank most often pays attention only to ensure that there is a permanent residence permit and there is no negative credit history.

However, express lending has significant disadvantages. - This is a high percentage and a small loan amount. Usually more than thirty thousand rubles will not work, and the interest rate can reach 50% in year.

Do not forget about the purpose of lending. If an entrepreneur needs to make a major purchase, you can get a product loan directly at the store. At the same time, a thorough check of the borrower is not carried out. The bank makes a decision quickly, which means that it will not have time to understand that the buyer is registered as an individual entrepreneur.

If cash is needed in cash, and the amount required is large enough, you will have to try to get a consumer loan in the traditional way. In this case, it is important to honestly indicate in the questionnaire that the type of activity of the applicant is entrepreneurship.

It is important not to name in any case the purpose of borrowing. business development. In this case, it will almost certainly follow renouncement. It’s better to write a more close to consumer option - vacation, repair and more.

In this case, most likely, you will have to provide a declaration. Another difficulty arises here - Most entrepreneurs intentionally underestimate income in order to pay as little taxes as possible. It is unlikely that a bank will lend to an individual entrepreneur whose proven income is very small.

With adequate profit in the declaration, the entrepreneur can count on a loan in the amount of about 150 thousand rubles. At the same time, the interest rate for individual entrepreneurs does not become much lower. Often she reaches 25%.

If you want to get a more adequate loan rate, you will have to provide pledge or surety. In the first case, any property registered for a citizen as an individual is suitable. (It can be a car or an apartment).

If it is decided to provide a guarantor, it should be noted that the same entrepreneur is not suitable here. (You will have to find a citizen who works for hire and will be able to provide a salary certificate from the employer).

Thus, obtaining a loan for an individual entrepreneur is much more difficult than for a person employed. However, nothing is impossible. You just have to make a little more effort.

By the way, for the purchase of vehicles or equipment for business, entrepreneurs can use the leasing service. We have already talked about the conditions of car leasing for individuals and legal entities in one of the previous issues.

Question 4. How to get a consumer loan for 5-7-10-15 years and are there any features in the design of a long-term loan?

Long-term consumer loans do not have fundamental differences in design from those taken for several months. Most often, such loans are issued under specific goals.

Due to the high demand for long-term loans today, they can be issued at many banks. It should be borne in mind that interest rates in different credit organizations can vary significantly.

It should be noted that the longer the loan term, the higher the rate on it. So, loans for 5 years issued on average under 15% per year, by 10 years - under 20% per annum, etc. Some banks issue long-term loans at a rate 50% Therefore, in order not to be unpleasantly surprised, it is important to study all the conditions of the loan BEFORE the time of application.

Naturally, long-term loans are granted only if an extensive package of documents is available.

Traditionally, you can get a similar loan by providing:

• Russian passport with a stamp about the place of permanent registration;
• second document at the choice of the borrower (driver, SNILS, TIN or another);
• salary certificate in the form of 2-personal income tax or on the form of the bank itself.

Additional documents depend on the loan conditions and are different for each specific case. As a confirmation of the place of work, many banks require copy of work bookcertified by the employer.

Even in cases where the loan does not provide collateral, some credit organizations require the submission of documents for property owned by the applicant (usually a car or apartment). In this case rises chance for a positive decision, as confirmation of the solvency of the borrower appears. This means that from the point of view of the bank, the risk of non-return of funds is reduced.

It should be understood that for the bank long-term loans are always associated with high risk. The credit institution takes into account the fact that for such a long time the borrower's solvency may change - it may to dismiss or is he serious will get sick. In such situations, the property acts as an additional guarantor, because in case of an irreparable situation the debtor will be able to sell it.

Note! Contrary to popular belief, it is not necessary to provide a statement of income to obtain a long-term loan. However, it will be much easier to get a positive solution with it.

On 5th term lends to most large banks. Find those that provide a loan at 7 years already harder. On 10 years and more consumer loans are issued even less frequently. Sometimes they can be issued, if the target is expensive repairs or car purchase.

To apply for a long-term loan, you should take several successive steps:

1. Application Form. There are several options. You can contact the bank office directly, fill out a questionnaire, and transfer the necessary documents to a loan specialist. Also, most modern banks offer to issue online application without visiting the branch directly on the website of the credit institution. Sometimes you need to download scan or quality photo of documents. In this case, the application is sent directly to the review department.
2. Consideration of the application. After filling out the application, the bank analyzes the data provided by the borrower. The longer the planned loan term, the more serious the audit will be. Most banks check their credit history by requesting relevant information from BKI (credit bureau). Some credit organizations make decisions quickly - during the day. However, usually with long-term lending, the applicant is given an answer no earlier than two days later. By the way, about which banks do not check the credit history of borrowers, you can find out in one of our articles.
3. The conclusion of the contract. If, upon request, the bank accepted positive decision, you will need to sign a contract. Before you put your signature on it, it is important to carefully read all the clauses of the agreement, especially for those parts that are printed small print. It is here that usually contains information about hidden fees.
4. Receiving the money. Depending on the conditions of the loan, funds can be issued in cash through the cashier or transferred to a bank card.

When the funds are received, it remains to service the loan efficiently, that is, to make monthly payments in a timely manner. If this is not done, the bank may charge fines, penalties and forfeits, which means that the full cost of the loan will increase.

Question 5. How to get a consumer loan at a minimum interest?

When trying to get a loan, any prudent person seeks to get it under minimum bid. Many believe that it is impossible to influence the percentage. However, there are a number of rules, the observance of which allows you to reduce interest rates when obtaining a loan.

If you plan to purchase goods on credit, before applying to the bank, you should check with the store’s staff about the possibility installments. In fact, it is made out as a discount on the price of goods in the amount of interest. For the client, it looks like interest free loanwhich is naturally quite profitably.

Ways to get a consumer cash loan at a minimum percentage

There are several ways to reduce the interest rate and in the case when you want to get a loan in cash means.

There are several options in this case:

1. First of all, you should start by comparing lending conditions at various banks. It should be remembered that most often the best conditions in the credit institution where the salary is transferred. Therefore, it makes sense to start with this bank, having studied the individual conditions for salaries. It is also worth paying attention to various rate reduction stocksthat banks spend on the eve of various holidays. For some categories of citizens (budget workers, pensioners), minimum rates are offered at certain credit institutions. This is also worth knowing in advance.
2. The second option to reduce the interest rate is to collect as complete a package of documents as possible. For loans, the issuance of which requires only a passport, the interest rate is quite high. It is better to spend a little time, prepare a salary certificate, a copy of the work book. In this case, the percentage will be less. You can further reduce the rate by bringing various documents with you to the bank branch, confirming the presence of property (real estate or car). In addition, you can attract a surety who has a stable income.
3. When calculating the loan parameters, one should choose such conditions under which the payment for the applicant will be feasible. In this case, the period should be minimal. This is due to the fact that the shorter the cancellation period, the lower the interest rate.

Thus, if you want to get a consumer loan for a substantial amount, it is important to use all chances to minimize its maintenance costs.

One of the main parameters that can significantly reduce costs is interest rate. Using the tips above, you can save significant amounts.

Question 6. Unsecured consumer credit - what does it mean?

Not everyone knows what a consumer loan is without collateral, and also what its features consist of. Moreover, if necessary, borrowed funds to select the best program is essential understanding of the differences between the various schemes.

Unsecured loan It is a loan for various consumer purposes, the registration of which is not required to provide property as collateral, as well as invite guarantors.

This option is ideal in cases where it is important to get borrowed funds as quickly as possible and without unnecessary difficulties.

Among unsecured loans, the following options are possible:

• credit in cash or by transfer to an account through a credit institution;
• loans for the purchase of various goods issued in stores;
• passport credit cards with instant decision.

Before attempting to arrange an unsecured loan, it is important to understand what requirements banks impose on potential borrowers in such situations. The main ones are as follows:

1. age from 23 to 55 years, less often, banks allow loans to people over 18, as well as under 70;
2. presence of permanent registration (registration), it is practically impossible to arrange a loan on a temporary basis, most often the registration should be in the region where there is a bank branch;
3. general work experience most often should be at least 12 months, in last place, at least six months;
4. to confirm solvency, the borrower must provide at least some documents. Therefore, if you want to get a loan you will need certificate of permanent income;
5. men of military age - up to 27 years old will need to submit a bank military ID;
6. many banks require contact landline telephone - working, home or friends and acquaintances.

For borrowers who do not have enough income to obtain a loan, many credit organizations offer the opportunity to attract as a co-borrower spouses. It should be understood that they must also meet all of the above requirements.

It is very rare for banks to issue a loan without collateral that they require a minimum package of documents - a passport. Most often, you will additionally need:

• second identity document;
• copy of labor;
• proof of income - a certificate in the form of a bank, 2-NDFL or from the Pension Fund, an extract from any bank (including card) account.

It is important to pay close attention to credit conditions. One of the most important factors is consumer loan interest rate. It is usually calculated individually, depending on various data provided by the borrower.

Nevertheless, there are options to lower the rate even when applying for a loan without collateral:

1. applying for a loan at a bank where you get your salary;
2. high-quality credit history;
3. Registration of life insurance, as well as diseases that entail disability.

Among other important conditions for unsecured lending - amount of borrowing. It usually starts from 15 000 rub., the maximum reaches the interval from 0.5 millionup to 1.5 million rubles. The term most often reaches five years, less often - seven.

Those who wish to apply for a loan without collateral at a fairly large amount, it should be noted that the credit institution will take seriously the verification of all data provided by the applicant.

Often, after an assessment, banks still require more serious evidence of payment options. In this case, collateral may be unofficial. That is, it is enough to confirm the availability of property, as well as the support of serious persons, but pledge and surety agreements will not be executed.

In addition to all of the above parameters, it will be useful to study the advantages and disadvantages of unsecured loans. Among the pluses (+) are:

• quick clearance;
• there is no need for a guarantor squeak, as well as a mortgage;
• minimum required documents;
• the possibility of misuse of funds.

The disadvantages of (-) an unsecured loan are:

• high rate;
• short term;
• lower than in cases with the provision of security.

Thus, obtaining an unsecured loan is quite realistic. However, in this case, its conditions should be taken as seriously as possible, since usually they less profitablethan with collateral.

Question 7. What is the maximum term of a consumer loan?

When issuing a consumer loan, many are wondering how long it can be obtained. This parameter is important because the length of the repayment period has a direct impact on the size of the monthly payment.

The longer the term, the lower the amount to be paid. In this case, of course, the overpayment will be more substantial. But the borrower will be able to rely on a large loan amount with his income.

In this regard, it is important to know for how long a consumer loan can be obtained. The payment period depends on various factors.

What determines the maximum loan term for consumer loans - important factors

First of all, the loan term is determined by purpose. So, a loan, a loan issued on tuition feesusually takes maximum 6 years. If the purpose of obtaining a loan is repayment of a vacation trip, it is unlikely to give more than 12 months. In these cases, the loan term is not too long, therefore, to obtain borrowed funds it will be enough passports and income statements.

Today it is quite possible to get a consumer loan for a longer period. He can reach one or two decades. But in this case you will need provide expensive property as collateral. This can be real estate, for example, a land plot or an apartment, as well as a car. Read about the conditions for obtaining a loan secured by a TCP title in a separate article.

It should be understood that in case of non-payment of the loan for which the pledge is issued, the bank has the right to sell the property in order to return the issued funds. Therefore, do not rush to get loans for such a long period. It’s better to think again and evaluate your financial capabilitiesbefore taking such risks.

However, for long-term consumer loans - 10 years and more there a plus. it minimum payment. In other words, the longer the term, the more likely the income of the potential borrower is enough to make a monthly payment.

Many are not serious about choosing a loan term, but this is one of the most important parameters.

Depending on the period, there are:

• short-term loans - up to a year;
• medium-term - one to three years;
• long-term - for a period of more than three years.

Choosing the last of these three categories, it is worthwhile to approach the analysis as responsibly as possible. Don't forgetthat the longer the term, the higher the size of the overpayment.

10. Conclusion + video on the topic

In this publication, we tried to tell you as much as possible about consumer lending. We told not only what it is, but also what advantages and limitations this type of borrowing. We also tried to suggest how and where it can be profitably issued.

We advise you to watch a video about what a consumer loan is and what you need to know before you get it:

We also recommend a video on the topic “How to get a consumer loan in a bank”:

That’s all with us.

We wish you good luck in financial affairs! When deciding to get the necessary funds on credit, remember that it can help overcome temporary difficulties. However, with the wrong attitude to the loan, you can further exacerbate your problems.

Try to evaluate your capabilities as thoroughly as possible, then there will be no difficulties!

Dear readers of RichPro.ru magazine, we will be very grateful if you rate the article and leave your comments on the publication topic below!

Watch the video: Reliance Money Get Instant Personal Loan. Loan without income proof. Aadhar Card Loan Apply Online (December 2024).