Concluding a loan agreement is a responsible procedure. It is necessary to weigh all the pros and cons of this action, so that later you do not regret those amounts. which will make up your overpayment. To do this, choose the right bank from which you will take out a loan.
Instructions
Step 1
Find out which banks are in your city or region. Internet resources will help you with this, for example, such as Banki.ru or the interactive map DublGIS. For the most part, banks lend only to those borrowers who permanently live and work in the region where their branches are located.
Step 2
Find out more about the banks you are interested in. To do this, visit their websites. Larger, longer-standing financial institutions generate more credibility. You can also study the opinions of the bath in various consumer forums, but keep in mind that the statements of individuals can be very subjective. However, this way you can get useful information about the manner of working with clients of a particular credit institution.
Step 3
Explore lending offers from various banks. Pay attention not only to the size of the interest rate, but also to various additional commissions, for example, for issuing a loan or maintaining a loan account. They can significantly increase your future overpayment. Also, a loan with compulsory insurance can become much less profitable for you. It can be very expensive, but it may not be of much use to you if you are in financial difficulty.
Step 4
Compare the terms of consideration of the application in different banks. If you are in urgent need of money, look for banks that provide express loans with an application review during the day. Most likely, the interest on such a loan will be higher than with a regular check in a few days, but you will receive funds when you need them. If necessary, you can subsequently use the refinancing service.
Step 5
If you are going to repay the loan early, find out what are the rules in the bank of your choice for such a case. Some credit institutions set a moratorium of several months or even years on the early termination of the agreement, while others require a commission for recalculating interest. It is best to know all the conditions in advance to avoid any unpleasant surprises. You can get such information from bank employees at the stage of filling out a loan application.
