The bad bank and what alternative to bank lending ?
Usually, a bank loan is not always so simple and easy, as in advertising.Lacks a lot and they are all well known:
- complexity of the design - sometimes you want to collect a lot of certificates, on loan processing takes a lot of time
- require proof of income - if you are running a private taxi driver, something about a bank loan can be forgotten.banks necessarily official confirmation of income, which can provide, not all
- banks are not willing to work with "risky" customers - if you are an individual entrepreneur or a co-owner of the business for the bank, you get into a zone of risk, and get a loan is almost impossible
- age restrictions- the age limit is a very big problem.For example, if you are under 23 years of age or over 65, you are unlikely to be able to get a loan
- long decision - sometimes, especially when large sums, the decision to issue a loan, banks take a very long time.why go to the bank where the money is needed "yesterday" - is risky.you may be denied, and the time already spent.
- scoring - when the bank begins to "treatment" of a new customer, there is a "black box" (scoring system), which provides the output decision (rejection / approval).For example, many scoring systems no home phone - the reason for the refusal (although many of them simply do not use), or if you make a late payment on the loan for a mobile phone, accidentally underpaid 20 rubles, the scoring machine will issue a denial!After all, you have a "negative" credit history ...
It is obvious that not everyone can fruitfully cooperate with banks.In this regard, it is currently actively developing credit market, altrenativnogo bank.
Where to go?Alternatives to bank lending
What are the alternatives to the bank and how they differ?
1. Private loans - go to any site announcements, type in search "private loans" and you will see a lot of ads - Dame lend money at interest.These are the loans from moneylenders.Refer to them only as a last resort, if more money to get nowhere.Disadvantages such lending:
- huge percentage
- law "opacity" of the transaction
- if you can not pay the debt, it is likely to be buried in Khimki fox (exaggerate)
But there are also a number of advantages:
- credit can get every
- arrange the loan quickly
2. Microfinance institutions (MFIs) - a novelty for the Russian market.June 8, 2010 the State Duma passed a law №151-FZ "On microfinance and microfinance institutions."The main objectives of microfinance institutions are "to provide small businesses and individuals who have limited access to traditional banking services, financial and complement their services, designed from the perspective of macro-economic effect on the smoothing of social inequality in a society, the development of private entrepreneurship, improvement of living standards,employment. "
from the above paragraph, it is clear that microfinance institutions - legislative consolidation of an alternative bank.The main disadvantages of MFIs:
- amount of the loan may not be more than 1 mln. Rubles
- percent above the bank
- not all MFIs are reliable
MFI Pros:
- MFI regulated by the FFMS, ieattitude of borrowers and lenders are state-controlled
- percentage is much lower than moneylenders
- law "transparency" and "purity" of the transaction
- get a loan with the MFI is much easier than in the bank.MFIs are much more loyal to the criteria for evaluating borrowers, and loan applications are considered very quickly
Attention!Not all organizations that present themselves as MFIs are not.Before turning to the MFI, I advise to find out is whether it is in the register of the FSFM.Federal Financial Markets Service Registry is publicly available and is the link: http: //www.fcsm.ru/ru/contributors/microfinance_org/state_register_microfinance_org/
As MFIs are still largely unknown, prvide a small list, which can be accessed:
1. "Loansto paycheck "- a loan up to 50 000 rubles.Interest on them is very large, but easy to get and easy to return.In my opinion, the most acceptable conditions at the following companies:
a) Domestic money - convenient that the company's managers serve customers at home, do not go anywhere.
b) Mini Money (working in Moscow and St. Petersburg) - the most "appropriate" interest.
2. Major loans - loans from 50 000 and above.As a rule, the percentage of them closer to the bank, but the conditions are less loyal than in "loans to paycheck."In such loans, the most comfortable I seemed to work with the following companies:
a) Group of Companies AEK (work only in Moscow and Moscow Region) - a very good company with a good reputation.The only negative - you can only get a loan against the car.Website: http://aecgroup.ru/
b) Finotdel - loans only on business, but can be obtained without collateral.
3. Credit Consumer Cooperative (CCP) - unfortunately I am not familiar with the specifics of the PDA market, so do not want to write here unverified information.Soon I am going to clarify in detail the issue and write about the CCP separate article.
4. Lombard
good old pawnshop is known to all, so I will not go into details.In the pawnshop can easily get any amount of money, but have to leave their property.To redeem the property back, have to pay a fairly high percentage.
Good luck and see you soon!
