After coming of age, a completely different stage in life begins, and completely different dreams and goals arise. Many young people are going to buy a car, which is now not a luxury item and has become quite affordable for ordinary citizens.
Some people, even at such a young age, already start working and try to provide for themselves on their own. But not everyone can afford to buy a car, even if it is not new. It is unlikely that anyone will agree to borrow such a decent amount, which means that there is only one option - to issue a loan.
There is an opinion that obtaining a loan is a rather lengthy and very tedious procedure, while no one can guarantee you a positive result. In fact, every citizen who has reached the age of eighteen can get a loan. But the bank, on the basis of the documents received, decides for itself whether to refuse or approve a loan to a specific person. Each bank adheres to its own policy in relation to borrowers, which is manifested in a whole set of certain rules.
At the present time, many banks are reducing the requirements for their customers. And therefore, the minimum age of the borrower is lowered to 18 years. This mainly applies to small banks. Although well-known banks also decided to compromise and, for example, in Sberbank, you can apply for a loan from the age of 18. This is due to the fact that the large number of borrowers ranges from 18 to 25 years. And there is no bank that would like to lose its clients.
But there are certain conditions put forward to the borrower. To begin with, he must have a job and a stable income, and he must have at least several months of experience in this organization. Banks take risks when they work with clients from 18 years old and for this reason they carefully check not only the monthly income of the client, but also the organization in which he works. Young people may be asked to submit a document from the military registration and enlistment office, because if they are suitable for service and did not go through it, then there can be no question of any loan issue. It is easier for married couples to get a loan, because they are treated as people ready for responsibility and certain obligations.
But do not forget that the cost of a car should not be more than 350 thousand, and the loan term itself should not be more than 5 years. In order to choose a more profitable option, you need to consider the proposals of several credit organizations and only then finally decide on a decision.
