Lending is a popular service among the population. However, not every payer is moderately disciplined, some citizens sometimes cannot pay the amounts specified in the contract on time or simply forget to do it on time. This is how arrears arise. How to be such borrowers if money is urgently needed again? Is it possible to get a new loan with a previous delinquency on targeted loans, car loans or mortgages? These issues are to be dealt with.
What is arrears
If the payment is not made on time or is not received on the required date to the creditor's account, then the borrower becomes a debtor. It is customary to distinguish two types of such debt: technical and long-term.
- Technical overdue(short-term debt). There are cases when the payer paid the amount prescribed by the loan agreement in a timely manner, but for technical reasons it was not reflected in the proceeds on time. Technical debt can reach one or two weeks, and for such a delay, the borrower will not be classified as a malicious defaulter with a bad credit history. Most often, information about such a fact is not stored anywhere.
- Long term debt. You can talk about it when the payment deadline is missed, the payment debt accumulates, and the borrower is in no hurry to pay it off. Nevertheless, such a loan with a current delay can still be repaid by paying a penalty fee to the bank. If the borrower stops making payments to repay the loan at all, then information about him falls into the general database of the Bureau of Credit Histories (BKI), and in the future it will be difficult for him to issue new loans, especially in large banks.
Refinancing service
Many banks are ready to enter into the position of the borrower and revise the terms of the loan and the terms of its repayment by offering loan refinancing. So, the bank can decide on refinancing based on the client's application.
Some responsible citizens, seeing that they are unable to pay on time, apply with such applications before the delay occurs and the “final” with a bad credit history appears. It is enough for such borrowers to confirm the deterioration of their financial situation, and banks refinance the already issued loan so that the client can fully fulfill his loan obligations.
The refinancing procedure usually occurs in two ways:
- Reviewing the terms of an already issued loan (reducing the amount of the monthly payment amount, increasing the repayment period);
- Making a new loan to pay off the previous one.
How to get a new loan with outstanding
Experts in the field of banking advise using the following methods:
- If you have short-term debt, contact the creditor bank where you gave cash, or another organization with a request for a new loan. If the delay period is no more than 2 weeks, then information about it can hardly be in the general database, and there will be no obstacles to issuing a loan.
- If the debt has already grown into a long-term one (more than a month), then there is still a chance to receive cash in the form of a credit card. Most banks accept an application for its execution via the Internet, and impose minimum requirements on borrowers. This service is provided by almost all major banks in the country.
- If banks refused to issue new loans, then a loan with delays will not become an obstacle to applying to microfinance organizations. These are private firms that work almost without fail and are highly likely to lend, despite the presence of other debt obligations. They do not impose serious requirements for documents confirming solvency, and the application is considered in a very short time. However, it should be borne in mind that money is given here for a short time and at high interest rates.
Loan amounts and terms
If a citizen has overdue debts, then in banks he can count on receiving a new loan for a period of not more than 5-7 years. The loan amount in this case is unlikely to be large and most likely will not exceed 300-500 thousand rubles, interest rates may also be higher.
In addition, the bank may request the provision of documents confirming the solvency of the borrower, up to securing the loan with existing property, and also offer to conclude a personal insurance contract, protecting yourself in case the borrower loses his ability to work.
The time for consideration of a client's application with an existing delay can be from 3 days to 1 month.
Which banks give loans with open delinquency
Where to get a loan for people with existing debt? Many financial institutions, wanting to retain existing customers as well as attract new ones, are willing to lend to borrowers with bad credit or outstanding debt and give them a second chance. Among them, one can single out not only small organizations, but also quite large structures.
Banks that give loans even with delays:
Bank "Vostochny" - cash without refusal
This credit institution is widely known among borrowers for its low percentage of refusals, so it is quite possible to get a loan with overdue debts here.
The minimum interest rate is 12%, while you can start the application by indicating only passport data. The amount you can count on, most likely will not exceed 200 thousand. However, if the client has property that he is ready to pledge, the amount and term of the loan can be revised upwards.
Consumer loan or refinancing in VTB 24
Another financial structure that is ready to assist customers in obtaining a loan with open delinquencies. At the same time, you can choose whether it will be a target loan or a desire to refinance an existing one.
The latter option, in turn, is the best solution to eliminate the consequences of a previous unsuccessful lending. So, you can get from 100 thousand to 3 million rubles at 12.9% per annum. Categories of citizens related to civil servants, doctors, teachers, as well as clients of payroll projects may have additional benefits.
In addition, it is possible, if necessary, to postpone the next payment by using the "Credit vacation" service.
Consolidation of all other loans into one in Alfa-Bank
A reliable credit institution, ready to provide both new loans and refinance the debts of other banks. It is enough to place an application on the Alfa-Bank website and receive a decision within 15 minutes.
This is also one of those organizations that does not impose additional services on its customers and is ready.
The minimum percentage in this case is 11.99%, and the amount you can count on can vary up to 3 million rubles.
Favorable offer from "Touch Bank"
A European credit card company. Its activities are carried out exclusively via the Internet, so you can apply for a card issue directly on the organization's website.
The credit limit can be different, up to 1 million rubles, for up to 5 years. At the same time, no additional fees are charged for cash withdrawals; for this, it is enough to transfer the card to the consumer loan mode, which is very convenient. In addition, part of the funds can be left for non-cash purchases.
There are other undeniable advantages of applying for a card in this bank, one of them is getting a cashback for purchases, the ability to store funds in different currencies, fast money transfers, and so on.
Pay off the loan with a Tinkoff card and do not pay interest for 4 months
Tinkoff Bank is also ready to provide significant assistance in overdue loans, providing funds at 0% for 120 days. This program was specially designed so that the borrower can easily fulfill the loan obligations assumed in another bank, as well as have a delay of several months on new payments.
Immediately after the card is issued, funds can be transferred to the bank where the client has an unsecured loan, no additional interest will be charged for this operation.
In the future, after the renewal of the credit limit, the card can be used as a regular credit card, make purchases with it and receive bonuses from partner stores.
Who is most likely to get a loan with open delinquency
When opening a new credit line, the bank carefully examines the identity of the client and information about his financial solvency. Bank services are especially attentive to those borrowers who already have a loan with current delays. So, young people can count on the issuance of cash upon reaching 21 - 23 years. In addition, for males under the age of 27, the issue of military service must be resolved and documented.
As for the elderly, getting even the first loan is quite difficult for them. However, due to the Soviet upbringing, in most cases they are disciplined payers, which can be a weighty argument in favor.
People who are engaged in entrepreneurial activities are much less likely to get a large loan than those who are employed.
When issuing finance to people with a bad credit history, the bank takes into account many aspects. Arguments in favor of an unscrupulous borrower may be the following conditions:
- citizenship of the Russian Federation;
- the presence of residence in the region where the credit institution is present;
- permanent employment;
- available delay no more than 2-3 months.
In addition, the financial institution is happy to give cash to debtors who are willing to provide solvent guarantors. Of course, the more reliable and wealthy the person who vouches for the client, the greater the chances of approval of such a loan. An impeccable credit history and a high level of income is ideal.
What documents do you need to provide
When applying to a bank for a loan, you should not hide information about the existing debt. Any concealment of information by the client will be interpreted not in his favor, and the consequences of such an act can be very deplorable, up to the inclusion of a citizen in the "black list".
To receive funds, you must provide at least two documents of a citizen of the Russian Federation: a passport, as well as a TIN or SNILS.
Additional information of interest to the bank can be confirmed by the following provided by the borrower:
- a copy of the work book;
- salary certificate;
- driver's license;
- international passport with border crossing marks, etc.
If a citizen is counting on collateral for a loan, then among the mandatory list of documents there will be certificates of ownership of items and objects belonging to the borrower.
Getting a loan in the presence of existing debt can be a solution to financial difficulties that have arisen. Its registration does not take much time, although it requires the provision of a full package of documents. But do not forget that a new loan will increase the financial burden of the debtor, and is also issued at higher interest rates. Therefore, before applying for a second loan, you need to assess your financial capabilities well, and it is best to avoid delays so that a situation with a bad credit history does not initially arise.
