Refinancing Of Loans In Banks

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Refinancing Of Loans In Banks
Refinancing Of Loans In Banks

Video: Refinancing Of Loans In Banks

Video: Refinancing Of Loans In Banks
Video: How To Refinance a Personal Loan 2024, November
Anonim

It is inconvenient and often expensive to run through different banks paying off several loans at the same time. Because small loans tend to come with a high interest rate. A good way out of this situation may be to replace several small loans with one large loan.

Refinancing of loans in banks
Refinancing of loans in banks

Instructions

Step 1

For those people who have grown in debt, one of the ways to improve their personal financial situation can be refinancing or on-lending. And from this you can not only benefit, but also create convenient conditions for payments on one loan, as an alternative to several. Banks, as a rule, willingly reduce interest rates as part of refinancing loans. Which banks can offer similar refinancing services?

Step 2

In VTB24 Bank, the interest rate on refinancing on a loan starts from 15% per annum. Possible loan amount up to 1 million rubles

Step 3

Sberbank, as part of its program, allows you to repay up to 5 loans from third-party banks. Refinancing interest rates start at 17% per annum

Step 4

In MDM Bank, the loan amount can range from 30 thousand to 2.5 million rubles at an interest rate of 14.5% per annum

Step 5

Bank Petrocommerce offers on-lending in the amount of 50 thousand to 1 million rubles at an interest rate of 13-19% per annum

Step 6

Credit Bank of Moscow is ready to issue a loan of up to 3 million rubles with an interest rate of 18% per annum with a loan term of up to 15 years

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