Microfinance is considered the most affordable and fastest way to acquire money. Most often, to obtain a loan, it is enough to have only a passport with you. But when you first apply, you should hardly expect a large amount of money to be approved.
In this case, you should pay attention to the proposals of credit institutions for the issuance of loans with the provision of collateral. When drawing up a loan agreement, you will not need to collect a lot of documents and look for guarantors. You can pledge real estate, personal transport, as well as any things of value. Many organizations accept offers to obtain a loan secured by precious metals, household appliances and even maternity capital.
To apply for a micro-loan, it will not be difficult to send an application to the credit institution's website, get an answer by phone and go to the company's office. The registration procedure itself will take a little time, but for this it is necessary to provide the employees of the organization with a minimum package of documents.
If the collateral is real estate, the following documents are required:
- passport of a citizen of the Russian Federation
- property documents
- cadastral passport
When pledging a vehicle:
- passport of a citizen of the Russian Federation
- the vehicle itself with PTS
After registration of documents and collateral, the client will be provided with funds at the cash desk of the micro-financial organization. At the request of the borrower, you can open your own account or purchase a plastic card. Under the terms of the loan agreement, the interest rate will be from 4% per month. The loan amount ranges from 50% to 80% of the full value of the collateral provided. The loan is issued for a period of 1 month - 3 years.
When making up debt obligations, you should carefully study each clause of the loan agreement, so as not to find yourself in a difficult situation later. If you have any questions, then immediately contact a specialist of a financial institution. They will definitely explain everything to you and help you make a decision.
