Thanks to the development of the credit market, the service of refinancing loans is becoming increasingly popular. Bank customers use it for various reasons. Some want to get a low rate, while others want to pay one loan instead of several. Refinancing at Sovcombank solves these problems. Read more about the service in the article.
Features
The service has differences compared to regular consumer credit. To apply for refinancing, the borrower, in addition to the standard list of documents, must be provided to the selected bank:
- Copies of contracts.
- Inquiries about debts.
- Paper on the absence of violations of the loan agreement.
- Bank details.
According to the data provided, the new financial institution evaluates the borrower. He performs the calculation of the amount of debt, determines the possibility of payment by the client of funds on modified conditions. With a positive result, the client can apply for refinancing. But no funds are paid to him. On special conditions, refinancing of a loan is carried out in Sovcombank.
The new bank independently transfers the amount necessary to close the contract to the former creditor. The borrower only needs to obtain consent to close the debt in the old institution, as well as submit it to the refinancing bank. Is it possible to refinance a loan at Sovcombank? The service is provided only if there is debt in this institution.
Proposals from a financial institution
Sovcombank does not refinance loans of other banks . Officially, there is no such program in this institution. But regular customers can get a regular loan by choosing the right program, and then transfer funds to pay for open loans. The service is beneficial:
- Pensioners who receive income from this bank.
- Working people receiving a salary.
- Those who wish to combine loans into one at a small percentage.
Clients receiving salary and pension funds can achieve rates reduced to 5% on the initial terms. It is advantageous to contact Sovcombank for those who have a registered loan there. They can conclude an agreement on favorable terms, while paying the old cash debt.
Requirements
The bank has the same requirements for all customers:
- Citizenship of the Russian Federation.
- Age - 20-85 years.
- Work experience - at least 4 months.
- Official registration in the city of registration.
- The presence of a landline telephone.
During official work, clients must provide a manager number. Senior citizens can give a home phone. Most loan products do not have additional requirements, but with a loan of 150 thousand rubles, additional insurance coverage may be required.
Design difficulties
Since Sovcombank does not refinance loans of other banks, only institution clients can apply for such a service. This service will look like registration of another loan. This means that the borrower at the time of filing the application must show the income, which will be enough to pay for a new and issued loan.
When refinancing in Sovcombank, the size of income with debts is measured. In this case, it is important to confirm solvency. To do this, you need to provide a 2-NDFL certificate. The refinancing conditions at Sovcombank do not imply any guarantors. It turns out that only the income of the borrower will be evaluated.
How to prevent difficulties?
To increase the chances of transferring a loan to Sovcombank, it is advisable not to submit an application through the institution’s website, but to contact the office. It is necessary to prepare documentation on loans that you want to refinance. Need loan agreements and statements of debt. You need to explain to the manager why you need to get a loan. It should be clarified that your income is not enough to pay off existing debt.
If you have already had to cooperate with Sovcombank or receive a pension or salary through it, then an acceptable decision will probably be made. If it is not possible to resolve such issues through the manager, you should contact the head of the department.
Payment Methods
Payment of a loan can be made in several ways:
- Cashbox. Crediting is carried out in each branch of the bank, and no commission is charged for this.
- ATM. The funds are credited in a few minutes without commission.
- Cash desks and ATMs of partner institutions. A fee of 0.8% of the total payment is charged.
- Bank card With the provision of a loan in Sovcombank, a client can get a card. Funds are credited without commission in a few minutes. But for annual maintenance is charged from 700 rubles.
- Payment terminals. Money is credited quickly, but the commission can be up to 2% of the amount.
The payment methods listed are the most common. Each client can decide which one to use.
Mortgage refinancing
Refinancing at Sovcombank is carried out with ordinary loans. To do this with a mortgage does not work. Sovcombank provides funds for new buildings, but it does not work with the secondary market. In addition, officially this service is not there.
A peculiarity of a mortgage is the transfer of a borrower's apartment as a pledge. With refinancing, the institution transfers the mortgage to the new organization along with the debt. It is important that the new bank works with the same real estate as the object of the transaction. With a mortgage, you can’t get a new mortgage for the same object in order to pay for the old one. With consumer loans, it works.
Thus, refinancing in Sovcombank is carried out according to special rules. If you wish, you can reissue a loan to a more profitable one. Then it will turn out to pay it faster and with less overpayment.