growing number of people in Russia are loans.It can be personal loans, credit cards, auto loans and mortgages.On the one hand, it is an excellent tool to buy the thing and start to use it.On the other hand, interest rates on loans are quite high.Therefore, the end of the purchase payments expensive about three times.
Life is that sometimes there are situations that do not depend on the person.Due to the event it loses the ability to repay the loan in good faith.What to do in order not to lose not only his good name but also vitally acquired property?In this case can help to refinance loans from other banks.The number of organizations that offer services to lending becomes more.
Determination
Some banks offer refinance loans from other banks.Not all citizens know what it is and how it can help them in this situation.After all, experts are already sounding the alarm: the population of Russia refinancing.Every second family monthly payments substantially higher incomes.In connection with this are numerous overdue loans.
refinance loan - is a loan from another bank to a more optimal conditions, which allow payments.In other words, it is refinancing to repay debts to the other institution.It is often a person takes a loan at a lower interest rate, which significantly reduces the monthly payment on it.Or increased due.It is also useful if you have several loans with different banks.Thus, they are combined into one.
This is the best way out for those who, due to circumstances, can not pay the existing debt of the same amount.Refinancing pleased to take conscientious borrowers whose reputation is important.
Benefits lending
Today, some borrowers have time to assess the advantages of refinancing.After all, the man the opportunity to provide a new loan to pay the old, who signed with the light of its inquiries.It also includes the refinancing of mortgage loans from other banks.What are the positive aspects while there?
1. It is possible to select an institution that offers this service in the financial market.It can be not only financial institution that issued the previous loan, but also any other.
2. There is a chance to enter into a contract with the lowest interest rate on the loan.
3. reduce the size of monthly payments by increasing the duration of the contract.
4. You can get an amount sufficient to pay off existing debt, secured by any property.
5. It is possible to combine smaller loans of different banks in one.This saves time for repayment of loans.
Where to get refinancing
growing number of institutions are ready to offer their assistance in refinancing loans.The rise in popularity of this service due to the fact that the person looking for the most optimal conditions, and banks, in turn, offer their products to attract customers.In addition, the rapid growth and affected the economic situation in the country, as well as sharply increased the number of overdue loans in different banks.
procedure refinancing
In most cases, the process of lending is not required to collect all the information and documents.However, there are some nuances.What should I do to the borrower to obtain refinancing of consumer loans from other banks?
- After deciding on lending to the borrower to choose the bank.This may be the same bank or a different third-party institution.
- Explore all the terms of service and choose the best option.
- Then you need to apply to the financial institution requesting lending.
- If the choice fell on a third-party bank, you will need to bring a certificate from the lending bank on the amount of debt.
- After approval of the establishment offers the best selection of lending products.
- sign a new contract, which relieves the borrower's previous loan obligations.But the new obligations that need to be performed.
Disadvantages lending
course, along with the merits of any loan product has its flaws that need to know the customers.After all, in any case necessary to take decisions thoughtfully and carefully.
Disadvantages:
- Some banks charge a higher fee with the client.Whether the insurance premium, the fee for registration or something like that.The amount is calculated individually in the bank.
- In some cases, you want to collect a standard set of documents.
- to the borrower may be brought more stringent requirements: a good credit history, no other loans and so on.
Service refinancing:
requirements of banks to refinance loans Help is regaining popularity and includes not only loans, but credit cards and mortgages.At the same time, according to experts, long-term loans can be refinanced several times.
for providing services necessary to the validity of the loan was at least six months.It is also desirable that during this time there were no arrears on it.The greatest attraction for mortgage lending is that gives the opportunity to receive income for a long time.It is also no less interesting car loan.
Credit cards are beneficial to the borrower, since the monthly payment after refinancing is fixed character.Map then blocked or closed.That is, closing the credit card with the help of the refinancing, the borrower loses the right to use limit.Some banks may provide refinancing loans overdue.However, they should not be long.
Products VTB24
should not be confused with VTB24, VTB Bank.Refinancing a loan is provided in the first bank.For registration you need to provide a minimum package of documents.We need only a passport and all the documentation for the loan: the contract, the payment schedule, a certificate of balance.For credit card you must submit a certificate of the amount of the loan balance.
Term of the loan agreement is not less than six months.This delay is not welcome.It is worth noting that you can place an order by phone.The Bank provides the opportunity to combine several loans from different agencies into one.This will save time later on a trip to the banks.In addition, significantly reduced and the size of the monthly payment.
maximum size of the balance of loans should not exceed 750 thousand rubles.Term of lending - from six months to 5 years.The interest rate is considered individually for each client.
Refinancing Sberbank
More and more people pay attention to refinance loans from other banks.Sberbank offers more favorable conditions for this product.Previously, agencies are engaged in lending only mortgages and construction.Now the product line expanded to include all the major credits, used by the population.The minimum amount of the debt - not less than 45 thousand rubles.
When making the borrower must submit a certificate from the bank on the amount of remaining debt.Additionally, this certificate must contain details of the bank's rate, term of the contract.Also, do not be superfluous statement of earnings from the employer and passport.
maximum size of the debt - no more than 1 million rubles.The term loan is similar to a term of VTB24.However, the rate is much lower.It is worth noting that the existing deposit in the Savings Bank will not play a role in reducing the rates.Benefits will be provided only to owners of payroll cards.Client Age - 21-65 years.Following the approval of the entire amount transferred to the account of the credit agreement.
Help Alfa Bank
Alfa Bank mainly takes only large loans, such as mortgages.They are more profitable.It is worth remembering that the refinancing loans from other banks, when half the period has already passed, is not profitable for the borrower.After all, the bulk of the interest accrued in the beginning of the period.The second half is used for repayment of debt.
in the bank rate is the lowest.That is, it is average in relation to mortgage lending.Refinancing your own bank loans can not be called a full-fledged refinancing.Against the background of current events such service should be regarded as restructuring.However, the borrower must prove that the size of his income decreased.
Who benefits from refinancing
For those who have a delay, it should be noted that the refinancing of overdue loans to other banks requires the presentation of a full package of documents to confirm their platezhosposobnost.Without this, no bank would agree to take the debt of the borrower.
Refinancing is beneficial in cases where it is necessary to withdraw the property from the deposit.That is, it is widely used for the closing credits where the property is mortgaged.When lending to the deposit is not required.Therefore, the collateral becomes the property of the borrower.
Refinancing loans from other banks is beneficial not only for people but also for financial institutions, which have begun to actively poach customers from competitors.All this is due to the revocation of licenses banks.Each of them is trying to remain on the market because of favorable loans to customers.Preference is given to borrowers with large loans.
whether to go for refinancing
This question everyone is responsible himself.If a borrower is confident that the interest on the loan, to put it mildly, "draconian", or the size of the monthly payment was not the shoulder due to life circumstances, it is necessary to look at the proposals of other banks.
However, the client must have a good credit history, which can prove it as a responsible payer.It is important to remember that the monthly payment should not exceed half of the total income of the borrower.It should also take into account the presence of dependents.Employees of the bank will calculate the monthly payment so that the normal life of the client is not affected.
Modern online resources provide an opportunity to calculate the costs and choose a loan that will be able to do.In many cases, the size of the monthly payment is significantly reduced in the revision of the contract.
Many took advantage of the offer "to refinance the loan."Reviews of banks talk about favorable conditions.Many borrowers were able to breathe more easily after the force majeure situations in life.In particular, it concerns the reduction of family income.
According to experts, the refinancing of a beneficial effect on the economy.It reduces the number of bad loans that prevent people to live more freely.Thus, they are able to close the existing loan with high interest rates and pay less.
