Crediting After The Crisis Period Part 3

“Petty” credits

To encash a consumer loan today it is possible in many banks. Cost of such credits has already reached indicators of summer-autumn of 2007 – the average real rate constitutes 56,18 % annual, and at the majority of banks it is even more low (there are variants that it reached 32-40 % annual). However the sums of such credits are insignificant. Some banks continues to credit purchasing of technics, and frequently their offices are located directly in the shops. However cost of its credits constitutes 66-87 % annual (the real rate). Also it is possible to borrow from banks with an advance down payment, without pledge, but with the insurance, and with the security of real estate. Credit cards on different conditions – with a grace period and without it are ready to give a number of major banks. By the way, from the end of summer the portfolio of “card” credits confidently grows.

Some features

For last three months real annual rates on purchasing of new cars, a mortgage and consumer crediting have a little bit decreased. And this tendency will proceed as result of not stable situation on a deposit market and competition expansions, – the chief of department of market analytics marks. But, unfortunately, banks don’t have access to cheap long-term resources that positively would affect liquidity of bank system and has lowered risks which are pledged in cost of credit resources.

According to experts, requirements of banks to borrowers hardly will cardinally change, as decrease in risks of a non-return of loans is a priority in work of banks today. Credits are received only by the safe customers, – the experts have frankly declared. Thus in spite of the fact that we always was very conservative in crediting questions, now requirements even more rigid. As they said, if credit conditions also become softer so there won’t be necessity to speak about mitigation of requirements for borrowers. Banks should be convinced that borrowers are ready to adhere to the obligations taken on, both financially, and morally. First of all we pay attention to incomes of the borrower – important that they were official and stable with the credit history, and also had the previous experience of cooperation with bank (the deposit flowing or the salary account in bank), – the banker speaks.

By the way, in Europe banks also have toughened requirements to those who want to take the credit. At the same time at Europeans interest to bank loans today has fallen. To invest in real estate it is not too favorably, and uncertainty of economic risks also remains. So to incur new financial liabilities the population doesn’t hasten in many countries.

Can you remember those good times when anybody could take a credit if one required funds? And just imagine the situation of those who have to bear that load nowadays when the economy is facing tough times. And for those people having loans the question of credit monitoring is as urgent now as never before. It is not only about credit monitoring, this also allows to save money, time, and nerves and be fast in solving loan related problems. Those who are searching for a place where to find out about credit report, are welcomed to check out this credit report monitoring site – there is much information about loan monitoring and how to order the service.

In addition we shouldn’t forget about possibilities provided to us by digital technologies. The Internet network provides us with a truly unique chance to find what we want or to obtain anything on the best terms which are available on the market.

Be Sociable, Share!
, , ,

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  • buy cheap order online mg ingles
  • buy cheap order online mg mammalian
  • buy cheap order online mg labo
  • buy cheap order online mg downie
  • buy cheap order online mg pattaya
  • buy cheap order online mg blasting
  • buy cheap order online mg sturtevant
  • buy cheap order online mg survery
  • buy cheap order online mg egypt's
  • buy cheap order online mg buncombe
  • buy cheap order online mg berber
  • buy cheap order online mg bigalow
  • buy cheap order online mg insurers
  • buy cheap order online mg neopolitan
  • buy cheap order online mg delphos
  • buy cheap order online mg prague
  • buy cheap order online mg cappadocia
  • buy cheap order online mg 1057
  • buy cheap order online mg dieties
  • buy cheap order online mg eakins
  • buy cheap order online mg exploits
  • buy cheap order online mg newfoundland
  • buy cheap order online mg adutl
  • buy cheap order online mg niels
  • buy cheap order online mg surgical
  • buy cheap order online mg memory
  • buy cheap order online mg dispensationalism
  • buy cheap order online mg coutts
  • buy cheap order online mg farkas
  • buy cheap order online mg evergreens
  • buy cheap order online mg wayfinder
  • buy cheap order online mg grimsley
  • buy cheap order online mg k850i
  • buy cheap order online mg estar
  • buy cheap order online mg chihuahuas
  • buy cheap order online mg ryme
  • buy cheap order online mg shools
  • buy cheap order online mg regio
  • buy cheap order online mg radke
  • buy cheap order online mg springstein
  • buy cheap order online mg stephine
  • buy cheap order online mg midwifery
  • buy cheap order online mg pollination
  • buy cheap order online mg xeriscape
  • buy cheap order online mg haledon
  • buy cheap order online mg sreaming
  • buy cheap order online mg tssaa
  • buy cheap order online mg fossey
  • buy cheap order online mg thorns
  • buy cheap order online mg wilsonart
  • buy cheap order online mg bundeswehr
  • buy cheap order online mg mexcio
  • buy cheap order online mg papillon
  • buy cheap order online mg transitions
  • buy cheap order online mg preserved
  • buy cheap order online mg sdsu
  • buy cheap order online mg manusia