Today, personal loans are the most popular types of loans.
This type of lending is characterized in that the bank does not keep track of where the money will be spent.
When viewed from an economic point of view,loan disadvantageous to the borrower. Bank risks when granting consumer credit, because they do not receive from the guarantor to the collateral property or insurance product. In this regard, the risks the credit institution lays in the interest rate.
Advice in obtaining consumer credit
First we need to carefullyanalyze all of their income and the need for this purchase, because the basic condition of any bank - this timely payments. Otherwise you will be charged penalty and interest.
Better to choose a well-known bank, because then you will protect yourself from the appearance of different problems.
It is necessary to analyze in advance what your chancesfor a loan. Sometimes lenders put age limits, for example, do not give out loans to those who have not reached 25 years of age.
Carefully review the charging scheme percent. There are two main types: classical and annuity payments. The classical scheme is the interest on the unpaid value of the debt, and if the annuity you must repay the loan in equal installments.
Very often banks silent on the commission chargedand try to focus on the best and lowest interest rate. Credit institutions may charge a fee for the payment of monthly or once. This commission is charged on the entire amount of the loan, regardless of what kind of debt remained.
Also it is necessary to consider the option of a loannot a bank, and in the outlet. However, this is only possible if the necessary shops Bank carries out the action, according to which the interest on the loan is not charged.