Surely many will agree that money is especially necessary in young years, because it is at this stage of life that a person seeks himself and prepares a platform in order to realize himself in the future. It is clear that all this requires quite serious financial investments, which not everyone has. Where, for example, to get money for higher education? And this is far from all the expense items for young men and women. Clothing, food, entertainment - they all pay special attention to this. The first thing that comes to mind is to borrow from relatives or acquaintances.
But what if they are also not rich? All that remains is to lend money to the bank. However, this is not as easy as it seems. First of all, you need to find out which bank has been lending since 18 years. As practice shows, not all of the above financial institutions positively resolve the issue when they learn that the borrower is an ordinary student. Nevertheless, gradually the situation for university students is changing for the better, since at this age many of them get jobs and have stable wages.
Considering the question of which bank has been giving credit since 18 years old, it should be noted that the conditions for providing it for young people will not be somewhat different from standard ones.
Cons of lending
Of course, when money is needed urgently, people agree to any requirements for their return. Is it worth it? Or maybe it's better to wait a bit and find something more suitable? Let's get it right.
So, the young man found out for himself which bank has been lending since 18 years. Rejoicing at this, he turns to the financial structure, whose employees explain that he cannot count on a large amount of money (maximum 50 thousand rubles), while the interest rate on the loan is not so small. Rummage? Yes, unfortunately, this is so, and the young man cannot change anything here: he either agrees to such an offer or not. But agreeing, remember: you have to pay the bills.
Who offers the most favorable conditions
Let's decide which bank gives a loan from 18 years with the most favorable conditions?
Experts recommend, first of all, to get acquainted with the offers of Sberbank, VTB-24, Raiffazen Bank, Tinkoff and Privatbank. It should be noted that the first two financial institutions do not have a clearly developed loan program - they give out money according to individual conditions. If we talk about Privatbank, then this structure can provide a loan in the amount of 150 thousand rubles for 4 years, subject to 35% per annum.
With particular care should be considered the proposal of the Tinkoff Bank, which offers only 12.5% per annum. True, behind such a low interest rate, a whole arsenal of commissions may be hidden, which will significantly raise it.
Documents
So, what documents will be required for a financial institution to approve a loan (cash) from the age of 18?
It should be noted that in view of the enormous competition in the market, each financial structure does its best to add to its list of customers.
Despite the fact that banks have not been willing to issue loans since the age of 18, most of them have nevertheless simplified the process of processing the necessary papers. If previously it was necessary to document the solvency of the borrower, now it is enough to present a passport. However, it must be noted that the above is true for cases when the loan size is not too large (up to 30 thousand rubles). If you intend to get a loan from a bank for a larger amount, it may require you to provide a statement of income or find guarantors.
Loan offers
Let us analyze the most common loan issuance proposals . Where can I get a loan from the age of 18? There are several options, and each has its own characteristics. Check out our mini-review so you won’t lose your choice. so...
Russian Agricultural Bank
This financial institution allows you to get a loan to persons who have reached the age of majority in the amount of up to 1 million rubles. It should be noted that the loan term can vary from six months to five years. The minimum interest rate is determined at 12.5% per annum, and the maximum - at 18% per annum, and it depends on how long you borrowed money. To provide a loan of up to 300 thousand rubles, you need to find a guarantor.
Sberbank
The above financial structure conducts a rather strict selection of borrowers, and the chances of borrowing money for students are relatively small. Young people who applied to Sberbank for a loan must necessarily find guarantors, and these should be relatives. You will also need a certificate of income not only of the borrower, but also of the guarantors. The amount of borrowed funds may be up to 3 million rubles. They will have to be returned in 5 years. The minimum interest rate is 16.5% per annum, the maximum - 24.5% per annum.
GE Money Bank
This bank grants individuals from 18 years old a loan of up to half a million rubles. You will need to return this money after 5 years.
The minimum interest rate is 19.9% per annum, the maximum - 24.5% per annum. To get such a loan can only girls. Yes, these are the limitations.
"Russian standard"
This banking institution specifically for young people issued a student credit card. The maximum you can get up to 150 thousand rubles, subject to 29% per annum.
By the way, there is a grace period. To issue the above banking product, a young person must submit a certificate of scholarship or salary.
Conclusion
Of course, a huge part of young men and women puzzle over where to get a loan. 18 years is not a reason to refuse such an opportunity, especially in a situation where money is needed like air. However, you should seriously analyze your financial potential and pre-calculate whether you can make timely payments on the loan. If not, then this idea should be abandoned so as not to fall into debt bondage.