Recently consumer and other kinds of bank crediting is the essential part of the population uses service. However among potential borrowers there is a category to which many banks concern cautiously and credits give reluctantly. They are pensioners.
Though at all it practice of the banks which have provided crediting of this “unreliable” category of the population, testifies that the most part of pensioners exclusively responsible and diligent borrowers and steadily carry out of obligations to bank structure.
The most part of bank structures which give consumer loans to pensioners, give out them on identical conditions.
Credit conditions of pensioners:
- The annual interest rate varies within 18-20 %;
- The borrower (it is dependent on bank) shouldn’t be more senior 65-70 years;
- The credit amount can constitute from 3 till 5 minimum sizes of pension. It is necessary to notice that the most part of banks doesn’t demand life insurance, as pledge the future pension acts. Each bank determines the rules in the order of payment of the monthly sums on account of loan repayment.
To receive a consumer loan to pensioners it is necessary to give a packet of documents which consists of the id data and the pension certificate.
The consumer loan is given to pensioners only in the event that by the time of filing of application on registration of the credit the pensioner has reached the certain age and he has at least minimum necessary income which e in a condition to confirm officially. Besides, percent of probability of that won’t refuse to the pensioner consumer loan granting essentially increases in case if the person is the veteran and has the document confirming it. Such pensioners have the big privileges in bank structures.
Addressing in bank with the request to give out the credit, the pensioner should remember that the pension is the public assistance, instead of the income. For credit granting banks demand the inquiry of income, besides it should be stable. In this connection to the working pensioner to obtain the credit is much easier, for this purpose it is necessary to present only the document in which the income is specified.
Also many banks give out a consumer loan to pensioners under the guarantee. However the guarantor under the credit should be solvent. For example, if the pensioner buys the refrigerator, and as the guarantor the son, the daughter or the grandson acts. For bank this additional confirmation of that money funds will return to him and consequently will agree on credit deal registration more likely.
The guarantee contract is necessary and when the bank structure can’t give out the credit in volume necessary for the borrower. Instead of necessary 5 thousand, the bank agrees to give only 4 thousand Guarantor in the present state of affairs brings for the borrower missing 1 thousand as the first installment for the goods, and the borrower with it after settle payments in an informal order.
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