By issuing an application in a bank, each of us is calculated solely on a positive decision, but the lender contrary to expectations gives a refusal. There is nothing terrible in this, because among the variety of commercial banks, you can choose the one that offers favorable conditions and will definitely give a positive answer. But it happens that banks do not give a loan to the borrower, what to do in such a situation when money is urgently needed. Consider the reasons for the failure and ways to solve problems.
Why banks refuse loan
There are two main reasons for refusal - poor credit history and low income. From the second situation to find a way out much easier, it is enough to find a more paid job or an additional source of income. Indeed, if the client has additional earnings and can docume it, the lender will take it into account when deciding. And if you need a large amount, and income is still not enough - look for guarantors, coaches or leave property as collateral. The creditor is important to minimize its risks, so the above measures contribute to the issuance of a loan.
With credit history, everything is much more difficult, because she is kept for over 15 years And best displays the degree of financial responsibility of the borrower. If in the past there were delay in loans, or there is a current overdue loan, then it is necessary to pay it. If all debts are repaid, then do not lose hope, under the high percentage banks can give the minimum amount of debt to their risk.
If banks refused to issue a loan, check the credit history to make sure that it is not the cause of refusal.
Statistics in Russia on credit stories of men and women
How to check the credit history
There are a lot of ways to do this if you want to get information for free, then you have legal right to it, only once a year. This method can take a lot of time, and that is why:
- first you need to learn your subject code, for this you need to contact the bank, where the loan was previously issued or to see the loan agreement, if it is specified there;
- then you need to go to the site of the Central Bank of Russia, to find the section Credit Stories and find the item "Request for the provision of information about credit bureaus";
- fill out the form and get an answer, it contains only information about where your data on previous loans are stored.
After that you need to make a request directly to the BKATo do this, you can visit the office personally, the address can be found on the organization's website, or send a custom letter with a notary certified or employee by signature.
As you can see a complicated procedure and can take a lot of time, so many potential borrowers are easier to contact paid services. An optional to look for a resource on the Internet, you can contact the bank.
Many banks provide a paid service providing information on the client's credit history. You will be enough to go to the bank branch to pay a certain amount and get all the data.
Credit history can be corrected, first you need to pay off all debts, then take a few minor loans for a big percentage and pay them, or microloans, gradually the data will be updated and banks will again begin to trust the borrower.
How to check the credit history on the Sberbank website online
If in the credit history of the error
It is often that there are other people's data on the inattention of bank employees or BKA. If you discovered it, you need to start contacting that bank that provided incorrect data and ask to give a document that confirms that the loan here was previously not issued here, and if they received, they paid in accordance with the terms of the contract.
The document then, together with the application, should be sent to the BKI, where the credit history is kept and ask to correct the data. Application considerations can reach one month, BKK employees must check the accuracy of documents, after which the information will be changed, and you can again contact banks for loans.
Other reasons for refusal
The lender may find many reasons for lending, and they are very diverse. If a client has a lot of commitments to other banks or MFIs, it means that he may take another loan to pay debts with the previous creditors. In general, this fact clearly demonstrates the inability of the client to reasonably dispose of finances, which ultimately leads it to the debt point, and he is no longer a reliable borrower in the eyes of the lender.
Among the reasons for refusal - conception of the borrowerEven despite the fact that it is already repaid. Lenders are skeptical to customers who have previously been responsible for violations of the law. Although if such a client already has a positive credit history, the lender can consider it as his credit client.
Another reason - lack of credit history. That is, in fact, for the bank is a certain risk, because it cannot check the degree of financial responsibility of his borrower. But here the borrower has every chance to form his report, for this you should not claim a major loan, you need to take loans with small amounts and repay them on time. This will definitely be displayed in the BKA.
Why can banks refuse to issue a loan
The main problem is that banks, more precisely, most of them do not explain the reason for refusing lending, respectively, the borrower will be difficult to correct the situation.
How can banks choose a client
In practice, there are such that the client has an ideal reputation in the BKA, high income, no obligations to other creditors, and it refused to loan, and the amount was required small. Why? Everything is simple if the loan amount for the wealthy client is small, it means that he will return it ahead of schedule and the bank will miss their profits, and it makes no sense to lend this client.
In general, the meaning is that lenders really choose the borrower and for this each organization has its own statistics. In the database, all borrowers are recorded by different parameters: age, income, family position, positions. And from this database detectors are detected by different parameters. The more their percentage, the greater the likelihood of the next candidate to get a refusal if it has similar data with defaulters.
Do not give credit, make a credit card
For many borrowers, a credit card is an alternative to consumer lending. Her, oddly enough, to issue easier. First, you do not need to voice the lender the purpose of obtaining a loan, and sometimes the reason for the refusal is exactly when the lender did not understand why the client needs borrowed money. Secondly, there are types of credit cards where wage certificates are not needed, which markedly simplifies the design procedure.
Now we will define which banks you can contact:
- Tinkoff Bank - loyally refers to customers with not the best credit history, if only there was no current overference, the credit card provides for a limit to 300 thousand rubles.
- Renaissance Credit Bank - also loyally refers to its customers, limit on a map to 150 thousand rubles.
- Home Credit Bank - Although checks the credit history, but ready to close the eyes to past mistakes, the limit on the map is determined individually.
For sure to get a credit card, leave the questionnaires immediately into several banks, at least one will definitely give a positive answer.
This method of lending has a number of shortcomings. The first one is high Cash Removing Commission at ATMBecause the credit card is intended mainly to pay for purchases and services. The second reason - no grace period, interest is starting to accrue immediately. And the last minus - on the manufacture of plastic cards can take away from several days to 2 - 3 weeks. But if the bank does not give consumer credit - the card is the best of possible ways of lending.
Comparison of interest rates in banks and MFIs
Microfinance
This is already an extreme option for a desperate borrower - take a loan for a high percentage. Today, thousands of microfinance organizations that are ready to issue a loan under the high percentage of borrowers on one passport, without confirmation of income and even official employment, from 18 years. Money can be obtained in cash or transfer to the card, for this not even need to go anywhere, it is enough to leave a request on the site.
The loan amount depends on the MFI policy, some do not produce more than 15,000 rubles for two weeks, others are ready to offer 100,000 rubles per year. Interest rates at least 100% per year, and 730% can be achieved. In general, a long search and a thorough selection of MFIs will help choose more or less acceptable lending conditions.
It is not clear what life circumstances make borrowers take loans in the MFIs, but the reason should be really a weigh, it is not necessary to abuse such an opportunity.
The advantages of microcredit
Private investment
The last way to take money in debt, when banks refuse lending - find a private investor. What does it mean? Many wealthy people give money to debt under interest in need of receipt. This, on the one hand, profitable investments for the creditor, because he does not need to organize a credit institution and invest money in it to give money to individuals at interest. On the other hand, this is a certain risk of non-return of borrowed funds, although in court to prove the presence of obligations is quite possible.
A private investor will not check the credit history, but for sure will require the proof of the financial consistency of the potential borrower. Payroll certificates will be quite enough. The receipt will have to make up and sign in the notary. The document must necessarily indicate the timing of the return of funds and the amount of interest.
This, of course, does not mean at all that such cooperation does not oblige a borrower, the money will have to pay properly in the terms established by the contract. The reason is obvious - an individual has the right to apply to the court to recover the debt and sell the debt to collectors if the terms of the contract are allowed.
Take care carefully to the search for the investor, in the network there are many scammers who ask for a symbolic amount to confirm the seriousness of their intention - this is a hoax. Look for a wealthy businessman in your city or in its surroundings.
So what to do if you do not give a loan? To begin with, deal with the reason, and try to eliminate it: Increase the level of income and correct the credit history or take a credit card. If these options are not for you, there are microcredit organizations, here the probability of obtaining a loan is equal to 100%. And finally, look for a private person, you can do it via the Internet or through friends of colleagues and acquaintances. In general, it is not a problem at all, the main thing is not to get into the trap of cunning creditors and not to take money on extremely unprofitable conditions.
