Today, most people are used to taking loans for everything they need for life. As a rule, it all starts with small consumer loans for household appliances. Then the first car is bought. A little later, such a long-awaited housing. And at the very end, a number of credit cards are opened, the limits on which are ultimately completely selected. And now the moment comes when payments on all existing loans actually exceed the size of the family's monthly income. How this happened is not clear, but you will have to look for a way out of the situation.
It is necessary
- - passport of a citizen of the Russian Federation;
- - TIN;
- - income statement;
- - the same documents of the husband / wife;
- - loan agreements and payment schedules for existing loans, which are planned to be refinanced;
- - certificates from banks about the state of debt on loans;
- - TCP (if the car loan is refinanced);
- - documents for real estate with all updated certificates (if the mortgage loan is refinanced);
- - permission of the primary creditor to carry out refinancing and pledge / mortgage of the second priority (mandatory document);
Instructions
Step 1
More recently, a new service has appeared in the line of banking products for lending, such as refinancing of an existing loan, in other words, refinancing. The essence of this procedure is that the borrower can get a loan from one bank to repay a more unprofitable loan from another. Moreover, the property that was pledged in the previous bank is transferred as a pledge.
Step 2
To refinance a car loan that was taken at a too high rate or in foreign currency, it is necessary to analyze the offers of banks for re-lending existing car loans. You must first try to transfer a foreign currency loan into the national currency in the bank where it was drawn up. If the bank does not want to meet you halfway, then look for those who will do it. Many banks refinance car loans, provided that the car is not older than 3 or 5 years. If the original loan was in foreign currency, then be sure to transfer it to the one in which your family receives income. The risk of exchange rate fluctuations will go away.
Step 3
In order for the bank to consider your application for refinancing a loan, you will need to submit a package of documents identical to the first one when applying for a loan. It is imperative to obtain permission from the primary lender for refinancing in another bank with an indication of consent to the registration of a pledge of the second priority. Sometimes banks do not want to give this permission, because they will take interest income over several years. A way out of this situation can only be an official written appeal to the bank, sent by registered mail with notification. Then the financial institution will have to answer you in writing, indicating the reasons for the refusal. On the basis of such an answer, one can sue.
Step 4
When re-lending a mortgage loan, a package of documents is collected as for the issuance of a new loan. In this case, it is much more difficult to obtain the permission of the bank, where the real estate is registered in the mortgage, for refinancing in another financial institution. You can apply by official letter or call your loan manager daily and demand that the process of considering your application be expedited. The reason for this reluctance is, again, the amount of lost income from your loan.
Step 5
Personal loans and credit cards are very rarely refinanced. Only a few banks offer to combine your 5 loans into one unsecured loan at their institution. Here you need to be very careful and clearly calculate whether the offer of the new bank is really better than that of the previous five in terms of the total amount of overpayments.
