In recent years, the
credit market of the Russian Federation is undergoing major changes. The greatest impact on interest rates on loans in banks of Russia was caused by the international economic crisis. It was because of him that many financial organizations were forced to call themselves bankrupt. Those who were able to survive it completely revised their lending policies. An important role was played by the government, which issued a bill regulating the rights of all
bank customers, both the depositor and the borrower. Now financial institutions are required to provide the most complete and timely information on all payments charged during the program maintenance.
Such a move by the government greatly increased the confidence of ordinary citizens in obtaining loans. In the course of the struggle for consumers, interest rates on bank loans began to decrease. The practice of charging bank fees for a huge number of "little things" is becoming a thing of the past. Now most banks do not oblige the borrower to pay for a cash advance or a loan. Until now, when applying as a pledge of a property or land, the borrower needs to pay the services of a banking specialist. However, this service can help significantly expand the scope of the loan. Thus, you can get up to 10 million rubles. for up to 30 years.
Bank interest rates on household loans
Today, banks of the Russian Federation provide a huge number of different programs. One of the most frequently issued is a consumer loan. With it, you can take a loan to purchase any product or service: from a mobile phone to education. Interest rates on loans at banks are in a wide range from 12 to 70% per annum. Such a big difference in rates is due to the difference in the amounts and conditions for obtaining loans. You can get from 30 to 700 thousand rubles by providing just a few documents. A financial institution, wanting to recoup its risks, will inevitably ask for a large overpayment if you provide only a passport. However, providing a collateral object, a guarantee and a full package of documents, you can significantly reduce interest rates on loans. The banks always go towards the one who gives guarantees of repayment of the debt.
Credit cards
Multiple lending service is becoming very popular. Within its framework, banks provide their customers with credit cards that allow them to borrow money without asking permission from the lender. For example, Home Credit Bank, whose interest on “card loans” is 29.9% per annum, allows you to use your money for 51 days for free. The maximum amount that can be obtained in this way is 300 thousand rubles. Naturally, the user will have to pay for the maintenance of his card account and, perhaps, pay a certain percentage for the withdrawn cash. When applying for a credit card, you should carefully study all the commissions that will have to be paid for its service. At the moment, this method of obtaining loans is rapidly gaining market share and maintaining its growth trends.