Posts Tagged ‘Banks and credit’

07.6
22

“Pawnshops In The New World. Pawnshop And Mortgage Lombard

by HFCadmin ·

Reflexivity, maturity, security, payment … Crediting arose simultaneously with the appearance of money, and possibly earlier. – Since then – a man can not refuse the opportunity to get what you want now, but pay later. Credits gained wide popularity in the modern world. – Developed credit market contributes to the development of a market economy, because with it as quickly and efficiently means redistributed to the most profitable areas of activity. To date, lending market in Ukraine froze. safety-brake-clutch-safety-bra/’>Cushman and Wakefield.

– The banking system is one of the first felt the onset of economic crisis and now long time before recover from its effects. Most banks in Ukraine and stopped lending altogether. The remaining conditions have tightened, interest rates have risen significantly. Get a loan from the Bank to date has not simple and expensive. Alternatives to conventional bank loans became collateral lending.

Pawnshops have begun to lend not only to bail jewelry or appliances, as well as actively lend bail Car (Pawnshop), and even real estate (mortgage pawnshop). Number of financial institutions providing loans secured by automobiles and real estate is growing every day. Lombard lending differs from already familiar bank loans. The main difference is the term of the loan offered by pawnshops, which is on average from one to several months or, at best, up to one year, in contrast to several years which were given bank loans. Pawnshops provide short-term loans. One of the reasons interest rates are so high that long-term loan at a pawn shop just simply is not profitable.

08.18
21

Loan Conditions

by HFCadmin ·

In turn, the bank's employees working remotely (in supermarkets, household appliance stores) do not tend to pay attention the quality of their work because they are motivated solely by the bonuses from each of its loans and an additional service connection. Thus, we consider the above situation. Mistake number one neglect reading and the process contract execution, as we learned in Artem carelessness when signing the loan agreement regardless of the amount of the loan leads to unpleasant consequences. In this context, is strongly discouraged absent elsewhere, especially for an extended period, until such time as you read, refined, and signed all the papers. If you would like to know more then you should visit Anna Wintour. Leaving without proper attention to process your contract, you relinquish some room for abuse of credit specialists, for example, it costs nothing to the already approved loan application to write life insurance, or put a tick in the production of maps that will lead you to additional costs, and for these additional bonuses. Usually, loan agreements "Express" made fine hard readable text contains references to the so-called "General Conditions for consumer loans," Procedure provision and maintenance of credit cards, "" Rules of insurance against accidents and diseases, etc. Typically, the borrower reads these items, without requiring access to documents to which this paragraph refers, in advance agreeing, for example, to pay fees for so-called connection to the insurance program at the rate of 0,8% of the loan amount each month (thus, the annual interest rate on the loan does not meet the declared zero, and turns to 9.6%!), for issuing a credit card and direct debit from the set of her credit limit (in our case – 7600 rubles) penalties for late or early repayment of the loan, and as a consequence, for the payment of percent for use on credit card interest rate of 22% agree that more profitable for the bank, compared even with veiled rate of 9,6%. .