Which bank is better to refinance a loan. Which banks are involved in refinancing loans and how to participate in this program
Banks.ru collected the top 10 loans for refinancing, which can be issued at banks in Moscow. Now refinancing is one of the most popular banking services.
It allows the borrower to combine several loans into one and reduce the monthly financial burden, and for the bank it is a good way to expand its loan portfolio and attract new customers.
In addition, all banks (with the exception of Russian Capital) that made it into the top 10 allow additional funds for personal needs.
Most often, banks allow you to refinance up to five loans (consumer, POS-loans, car loans, credit cards). For refinancing a mortgage, credit organizations usually offer separate programs, so they did not participate in the rating.
Of the banks on the leaderboard, only Sberbank and Rosbank are not ready to refinance POS loans, while Transcapitalbank - credit cards. At the same time, the programs do not exclude the receipt of money for any purpose that the client can spend including the repayment of “non-refunded” products. In "Russian Capital" you can get money only for the repayment of inappropriate consumer credit.
- Minus 1 pp in the execution of the insurance contract.
-
- Minus 2 pp in the execution of the insurance contract.
- Minus 5 pp during the execution of the insurance contract.
- Pwhen refusing insurance, the rate does not change, but the bank may refuse to issue a loan.
- Minus 2 pp in the execution of the insurance contract.
Why do I need refinancing?
Once Vasya issued three loans:
* March 1, 2016: cash loan in the amount of 200 thousand rubles for three years at 27.63% per annum.
On October 1, 2017, Vasily decided to combine all loans into one and applied to the bank for refinancing. At that time, he had to pay about a year for each contract, and the total amount of debt amounted to 500 thousand rubles. The bank proposed two options:
* reduce payment by increasing the loan term;
* reduce the amount of the final overpayment, preserving the loan term.
How beneficial is it? See for yourself.
According to the terms of the rating, offers are ranked according to the size of the interest rate valid for a given period and loan amount (in case of coincidence of the rate value - in alphabetical order). For reference, the table shows the maximum loan amount, while the interest rate applicable at the maximum amount may vary. If the bank sets a percentage range within which rates are determined individually or vary depending on parameters not taken into account by the rating conditions, then the maximum rate of the range was accepted for comparison. Programs whose terms stipulate any fees / commissions (for example, for cutting rates), as well as products for which the maximum rate for which the bank does not disclose, did not participate in the selection.
When calculating the interest rate, discounts for having a positive credit history in one's own bank, as well as benefits for state employees, salaries, corporate clients and bank depositors, were not taken into account. If, within the framework of the program, it is possible to obtain a loan, both with insurance and without, then the base rate applicable when a service is canceled was taken as the base rate. For reference, the table shows the sizes of "discounts", relevant subject to the conclusion of an insurance contract.
The review was compiled according to the official websites and call centers of banks on September 28, 2017.
Anastasia BELIK, Banking Services Analysis Division, Information Portal Banki.ru
Infographics: Banks.ru
In difficult financial situations, in the presence of debt to financial institutions, a person tries to find a way out of this situation. The salvation may be a service for refinancing loans in other banks, the best and most profitable offers of 2019 for which are collected on this page. Each of the banking products presented has its own advantages and disadvantages. It is necessary to determine the priorities and choose the most suitable refinancing.
Refinancing is the execution of a new loan to pay off old debts at other financial institutions that the client is unable to handle. In Russia, there are not so many proposals from banks for “re-lending,” but there are enough of them to choose the best. Excessive credit can be consumer, mortgage or any other. Refinancing conditions may differ in interest rate and term, but repay the debt in any other bank.
The loan offer allows the client to:
Loan Refinancing Calculator
We suggest you make a calculation on our online loan refinancing calculator. It allows you to compare the parameters of your current debt with the conditions after re-lending. You can calculate with a decrease in the size of the monthly payment or the total duration of the contract.
The registration process is no different from ordinary consumer or mortgage loans. In addition to a passport, an income certificate is required. Some banks may require additional information or guarantors. It is also necessary to check the credit history, according to the results of which a decision is made: they may refuse to refinance, the offer can be changed or confirmed in the initial conditions.
In 2019, the interest rate on refinancing in higher finance institutions increases with a key rate increase by the Central Bank of the Russian Federation, which directly affects the terms of lending by banks. Further growth is not ruled out in the future, therefore, if you have not yet issued a refinancing of existing loans, we recommend that you do this as soon as possible with relatively favorable conditions.
Lowest Bank Interest
Otkritie FC Bank can offer its customers the most advantageous offer on the market with a minimum interest rate. But it is not fixed, that is, it can vary depending on the capabilities of the borrower. The conditions provide for personal insurance, in case of cancellation of which the percentage grows by 7% with the refinancing amount up to 300 000 ₽ and by 3% with a larger one.
- Interest rate - from 8.9% per annum.
To apply for refinancing a consumer loan (or other types of debts), you will need to confirm the income. If you request less than $ 100,000, this can be done without an income statement. providing only a passport and a TCP. An application for refinancing is considered up to 2 business days, and money is transferred to a card or account.
Offer from Raiffeisenbank
Raiffeisenbank's offer is considered one of the most profitable due to the low fixed interest rate. Registration takes place online and by telephone. The answer on the application for refinancing is given within 1 hour. You can familiarize yourself with the main conditions of consumer lending below:
- The fixed interest rate is 10.99% per annum.
- Loan terms - from 12 to 60 months.
- The maximum loan amount is 2 000 000 ₽.
To receive such a profitable offer, refinancing of other loans is only available subject to insurance of the life and work capacity of an individual. In case of failure, the percentage rises by 4-5%. Insurance is not so expensive, and its benefits are enormous. We recommend that you consider this option.
Refinancing from Tinkoff Bank
Among all of these, the offer from Tinkoff to refinance consumer loans from other banks is one of the best and most profitable. Its essence lies in the design and activation of the service. Money from the credit limit is transferred to the account of another bank, and the client repays the debt to Tinkoff without paying interest on the loan for 4 months. This is a very good offer. The client is almost guaranteed to issue a card. The only drawback is that there is no guarantee of a maximum credit limit. But worth a try, we recommend!
- Interest rate - from 12.0% per annum.
- The maximum loan amount is 300 000 ₽.
- Grace period without interest payment - 120 days;
- You can use the "balance transfer" service no more than 1 time per year.
Requirements for the borrower to receive a card are minimal (the bank issues a card even with a bad credit history). But the credit rating proposal is affected by the customer rating. For registration from the documents you need only a passport. Issuing a credit card is free, and annual maintenance will cost 590 rubles.
VTB loan refinancing
In 2019, VTB offers favorable lending conditions: low fixed interest rate, a long period and a large amount of a consumer loan. But to obtain such a percentage, you need to take out insurance. Without insurance, the rate becomes floating in the range of 12.5-16.9%. You can combine up to 6 debts into one. By filling out the application form, you can see the VTB loan refinancing calculator, which clearly shows the bank's tariff and customer benefit.
- The fixed interest rate is 10.90% per annum.
- Loan terms - from 6 to 60 months.
- The maximum loan amount is 5,000,000 ₽.
If an individual is not served by VTB, then in addition to his passport he will need to provide SNILS and a certificate of income. For all loans in other banks you will need full documentation. Contracts concluded with VTB Group are not refinanced. Pensioners and civil servants are offered preferential terms.
Refinancing a loan at Sberbank for individuals
Sberbank is the largest in Russia and offers individuals a wide range of banking services. He was one of the first in the country to offer his client re-lending of consumer debt to other banks. The fixed interest rate makes a favorable offer and lack of insurance.
- A fixed percentage is 12.5% \u200b\u200bper annum with an amount of more than 500 000 ₽, 13.9% with less.
- Loan terms - from 3 months to 7 years.
- The maximum loan amount is 3,000,000 ₽.
The proposal does not provide for collateral and the search for guarantors. In the list of required documents from an individual, extracts from loan agreements will not be required. You can combine up to 5 debts and get additional money for misuse.
Offer from Home Credit Bank
Home Credit Bank is also involved in the refinancing of consumer debt. His proposal may not be so advantageous in comparison with others, but he has his own characteristics - lack of income and insurance. These conditions may be key to choosing a loan program.
- Interest rate - from 10.9% per annum.
- Loan terms - from 1 year to 7 years.
- The maximum amount is 1 000 000 ₽.
Of the mandatory requirements for the client, it is worth noting only the registration in the region of the loan. An application for refinancing is submitted online on the official website of the bank, and it takes up to 2 hours to consider it. If approved, you will need to visit the office to complete all documents. Funds are transferred directly to an account with another credit institution.
Alfa-Bank Refinancing
Alfa-Bank refinancing loans of other banks best interest rate but only for salary card holders. For everyone else, the offer is also quite interesting and will almost certainly be more profitable than the current ones. To receive funds in 2019, you must fill out an online application, wait for confirmation and transfer to another bank account. It is possible to get additional funds.
- The interest on refinancing is from 11.99% per annum.
- Loan term - up to 5 years.
The requirements for an individual are standard - citizenship of the Russian Federation, a permanent place of registration, length of service at the workplace. For registration, you need a whole set of documents, including a statement of income. Alfa-Bank carefully checks the credit history.
Refinancing a loan at the Agricultural Bank
Refinancing at Rosselkhozbank loans of other banks applies only to consumer loan agreements. Also, for holders of salary cards, “reliable” customers and employees of budget organizations, the offer is more profitable. A loan collateral is required if it was stipulated by an old contract.
- Interest rate - from 10.0% per annum.
- Loan term - up to 5 years.
- The maximum amount is 3,000,000 ₽.
Bank requirements for the age of an individual - from 23 to 65 years, citizenship and registration of the Russian Federation, work experience at the current place for at least 6 months. The Agricultural Bank takes into account all the income of an individual (at the main workplace and others) and, based on these data, formulates a proposal for refinancing. The necessary documents are standard: passport, income statement, military ID, pension certificate for pensioners.
Refinancing proposal from Rosbank
Refinancing consumer loans at Rosbank from other banks does not differ in anything special from similar offers in the financial market. It also has preferential terms for certain categories of individuals. In the rating of public trust, Rosbank is in 2019 below the middle, so it will fight for each client, I offer the best services. But rude defaulters should not hope for a loan, the bank carefully checks the credit history. The essence of the proposal of Rosbank is:
- Interest rate - from 12.5% \u200b\u200bper annum.
- Loan term - up to 5 years.
- The maximum amount is 3,000,000 ₽.
Many banks are ready to refinance consumer loans to individuals. Check out all the offers and choose the best and most profitable for you. Carefully read the terms of the contract, as well as pay attention to the proposed additional services.
Do not know which banks make refinancing loans to individuals? How to highlight the best offers of 2019 from all the variety? After reading this review, you will learn: in which bank is it profitable to apply for refinancing consumer loans of other banks! The list is compiled by an independent expert on banking products and part-time author of a financial blog! Therefore it will be interesting!
In connection with the gradual reduction in interest rates on loans, for many borrowers the issue of on-lending their loans that were taken in previous years is an acute issue. Most often, refinancing a loan at another bank is due to 2 main reasons: either a high interest was taken on an existing loan, or now the borrower has changed his financial situation and it has become much more difficult to pay under a loan agreement. In this case, it will be beneficial to refinance your loan obligations and save on interest and monthly payments. In this article I will tell you where it is best to refinance loans from other banks and which conditions are most beneficial for individuals in 2019.
Why do refinancing loans from other banks?
To begin with, let's decide what can help us get a new loan to pay off old loan obligations at other banks. What are the advantages of refinancing programs for us individuals:
- Interest rate reduction on a loan.As I said above, if you took a loan on conditions that are not very favorable for you, then refinancing is a way to correct your mistake and save on interest. But there is a nuance. The fact is that most banks issue loans through a system of differentiated payments. What does it mean? This means that, at the beginning of loan repayments, let's say in the first 3-6 months the main share of interest is paid. And then the main debt is paid. Therefore, I recommend that if you do refinancing in order to lower the rate, then it is better to do it as soon as possible. When several months are left before the loan term expires, there is no sense in re-lending in order to save on interest. But if you need extra cash, then refinancing will do.
- Reduce the monthly loan payment.In a situation where the financial situation changes dramatically, everyone can fall. And of course, this affects your ability to pay your loan obligations. In order to prevent delays and in order to make it more comfortable to pay your loan, you can use the services of banks for re-lending. In a new loan, you simply increase the term, and the payment becomes less. But here do not forget about the other side of the coin - overpayment.
- Combining several loans into one.Most borrowers in Russia have two or more loans. Moreover, loans are usually in different banks. This is not very convenient, because you have to pay 2 or more times a month. And it takes our time, which can be useful to spend differently. In such cases, people are considering refinancing in order to combine all loans and pay only one.
- Release loan collateral. In this case, a registered car loan secured by a car or a mortgage can be refinanced with an unsecured loan, and thereby release the pledge from loan obligations. This is very convenient when you need to sell your car or apartment, which are pledged to a credit institution.
TOP-7 banks for refinancing loans to individuals
After analyzing a lot of offers for individuals to all well-known banks in the country, I came to the list of the 7 best banks offering the most favorable conditions for programs of refinancing, re-lending and consolidation of consumer loans, including credit cards, mortgages and microloans. For anyone who wants to apply for refinancing, I strongly recommend that you first familiarize yourself with this rating, compare and choose suitable conditions for yourself, and without delay, leave an online application via the Internet.
The best offer of 2019 - refinancing at Alfa Bank
In 2019, Alfa Bank's refinancing program was very popular. This credit institution is developing very rapidly and seeks to attract as many customers as possible, offering very favorable conditions. And of course, this cannot but rejoice, because the interest rate here is considered one of the lowest, and the process of obtaining a loan is quick!
Consider loan conditions from Alfa Bank
- Low loan rate from 11.99%. It is calculated individually.
- The term is from 1 to 5 years. For salary clients, the maximum term is 7 years.
- The loan amount is from 50 thousand to 4 million rubles.
- No collateral is required (no collateral, no guarantors).
- Do not lend to owners of IP.
- Refinancing is possible for all types of loan products, including microloans, MFIs, car loans and mortgages.
- Single application for refinancing and additional money (if necessary).
- Online application decision in 15 minutes!
Consumer loans refinancing in Moscow from Interprombank
Are you looking for where to refinance your loans in Moscow and the Moscow region? The program for refinancing loans from third-party banks from Moscow Interprombank is considered one of the most interesting for residents of Moscow and the region. Only residents of the capital and the Moscow region aged 18 to 75 can leave a request here. Thus, even pensioners up to 75 years old can refinance a loan here.
Terms of refinancing loans at Interprombank
- Loan rate from 11% (minus 1% after refinancing is completed)
- The term of the new contract is from 6 to 72 months.
- The loan amount is not less than 45 thousand rubles and not more than 1.1 million rubles.
- Residence and residence must be in Moscow or the Moscow region.
- Having issued a loan under the refinancing program at Interprombank, you can combine all your loans and pay only one monthly payment. In addition, if your credit history allows, then you will be offered additional money for any purpose.
Advantageous refinancing without references and without interest for 120 days
Tinkoff Bank now has unique conditions that no bank in Russia offers. the peculiarity of the conditions is that if you draw up a card in Tinkoff and the necessary limit is approved for you, then you can completely repay the debt with this money at another bank (credit, microloan or credit card). And the main advantage is that the interest on your Tinkoff credit card will not be charged to you for the transferred amount of debt from another bank for 120 days (4 full months)! This is a great way to refinance your consumer loans with third-party banks. If you have a mortgage loan then use another offer - Tinkoff Mortgage .
To take advantage of the favorable conditions “Refinancing without interest 120 days” you need:
- to a Tinkoff credit card and get a decision within 5 minutes.
- If the card is approved, a bank specialist will deliver it to a place convenient for you.
- When activating the card by phone, say that you want to transfer the debt from another bank.
- You will need to tell the Tinkoff operator the details for transferring money to another bank.
- Within 1-2 business days, the bank will transfer money from your Tinkoff credit card to repay the debt at another bank. And you will receive 4 months of an interest-free period for this amount of debt.
If Tinkoff Bank was refused a credit card or did not arrange a limit, Alfa Bank has a similar product. There you can also apply for a credit card, pay off the debt with another card with another card and not pay 100 days interest on the card to Alfa Bank. That is, a kind of interest-based vacation on the card. This is a great way to refinance a small loan or microloan in another bank. .
Refinancing loan from UBRIR according to passport and income statement
The Ural Bank for Reconstruction and Development offers fairly favorable conditions for on-lending to individual borrowers. By leaving a request for refinancing at this bank, you can reduce the amount of payments, lower the interest rate, reduce the number of loans and credit cards, and also receive additional funds if necessary. For registration, you need only 2 documents - a passport and a certificate of income. Moreover, both employees of companies and individual entrepreneurs (IP) can submit an application.
Terms offer in UBRIR
- The loan rate is 15-19%, with the possibility of reduction in 2 months to 13-15% per annum.
- Duration from 24 to 84 months.
- Amount up to 1 million rubles.
- The age of the borrower is 21-75 years.
- The application is considered as soon as possible - 1 day.
Refinancing of loans of other banks without collateral and guarantors at Rosbank
Another bank refinancing consumer loans to individuals is ROSBANK. A credit institution makes it possible to repay existing loan obligations in another bank at the expense of a new loan, which will allow you to reduce the rate, payment, release a deposit in another bank, combine several loans into one or receive additional money for any other purpose.
If you look at the refinancing conditions that Rosbank offers to individuals, they are one of their most profitable:
- Low interest rate - from 13.5%.
- A large amount of up to 3 million rubles.
- The maximum term is 60 months for new customers, 84 months for payroll.
Flat rate offer for individuals from Uralsib Bank
Today, Uralsib Bank offers to refinance all your loans with other banks and combine them into one loan at a favorable interest rate. Unlike many other banks, Uralsib immediately announces a fixed rate at which it can approve a loan. This rate is currently 11.4 percent per annum, which is one of the lowest rates for refinancing.
Briefly about profitable refinancing of loans from Uralsib
- The loan rate is fixed - 11.4% per annum.
- The term is from 13 to 84 months.
- Amount up to 2 million rubles.
- The ability to repay loans at other banks, as well as receive additional funds for any purpose.
- The age of the borrower for registration must be at least 23 years.
- If you need an amount for refinancing up to 250 thousand rubles, then you need only 2 documents: passport + second document (driver, SNILS, TIN, passport and so on). If over 250 tr then an additional document confirming income is required - 2-NDFL.
Favorable refinancing conditions from Raiffeisenbank
For clients aged 23 to 67 years, Raiffeisenbank offers to combine up to 5 existing loan agreements with other banks (mortgage, car loan, credit card or consumer cash loan).
On the bank’s page you can find out the detailed conditions, calculate the feasibility of combining loans using a calculator and send an application. And in a few minutes you will receive an online solution.
Terms of the offer at Raiffeisenbank
- Favorable rate 10.99% from the second year, 11.9% in the first year.
- If within 90 days you do not close loans for which you have issued refinancing at Raiffeisenbank, then the interest rate can be increased by 8 percent.
- Combining up to 5 different loans.
- The minimum amount is 90 thousand, the maximum is 2 million rubles.
- From the documents you will need a passport and 2-NDFL certificate for the last 3 months. If the amount is up to 300,000 rubles. - only a passport!
- Individual entrepreneurs are not credited.
Where and how to refinance a loan if they refuse
Very often, those who are experiencing problems in paying current debt obligations want to refinance their loan. That is, a person already has an overdue loan and he is trying to find where to refinance him. This is a fairly common situation and therefore it is necessary to clearly understand how to get out of this situation. As a person who has worked in the credit department of the bank for 10 years, I can say what needs to be done:
- To begin with, you should understand that with a delay in the current loan of up to 30 days there are still good chances to get a positive decision on the special refinancing programs that are listed above. If, however, the delay is much more than 1 month, then the chances of obtaining a loan refinancing are much less. But in any case, in order to get out of this situation, one must act. Therefore, in any case, try to leave online applications from the above rating of banks.
- If all banks refuse or approve an insufficient limit on the refinancing program, then you need to try to get a cash loan from the banks that are listed below. There you can either get a loan without income certificates, or vice versa secured by real estate or TCP.
- If a regular cash loan is denied, then the only way is to get a loan from your next of kin (husband / wife, brother / sister), which will help to close your arrears with the money received. And you will already give money to him.
Below are 8 profitable banks that issue cash loans for any purpose, including refinancing loans from other banks. To apply for this type of loan for refinancing, you do not need to collect certificates of loans from other banks.
- Housing Finance Bank - for those to whom banks are refused refinancing. In a credit institution, you can get a loan for refinancing without refusal on the security of an apartment! A great refinancing option for those who have a bad credit history!
- - Consumer cash loan at a favorable interest rate for those who want to refinance loans at other banks. If you are a state employee, then feel free to send an application to this bank. The Bank is loyal to this category of borrowers!
- - if delays do not allow you to urgently make refinancing of a loan, then a way out of the situation is to get a loan for another person, for example, for parents or grandparents. Favorable conditions for pensioners are offered by the UBIRIR bank.
Watch the training video: “What is refinancing and how to do it right?”.
In an era of great competition between banks, profitable loan products are constantly appearing. Especially if the loan is large and long-term, then the client is upset that he took a loan at an uncomfortable interest.
But there is a way out - this is re-lending. TO what banks are involved and what benefits we consider in this material.
Due to the unstable financial situation, it can become difficult for a person to repay a loan. Or the client sees that there are new advantageous offers, for example, on housing loans, than the loan that he took earlier.
If the borrower has several loans in different banks and it is discomfort to pay him in different places. In order to satisfy the needs of the client or to help bear the financial burden, a product was created - credit refinancing.
The objective of this program is to help people:
- This program will help to close an expensive loan, which is inconvenient due to high interest rates, short term, large monthly payment. In such a situation, the bank offers a loan in the amount of a loan taken from another bank, but on favorable terms (low interest, long term, shorter payment).
- Combine loans from different banks in one with a better interest rate. In this situation, the bank closes the client's debts on accounts with other organizations, and opens a credit account in his. The client benefits from the fact that it has become more convenient to pay in one place and the loan is cheaper even due to the low interest rate.
- With the help of refinancing, you can not only close an expensive loan or combine several into one, but also get an additional amount for personal expenses.
- With the help of on-lending, you can change the currency in which the loan was taken, which is very important in an unstable economy.
So, we can conclude that refinancing is a proposal from a bank to close existing debts on more favorable terms.
An existing loan can be in any form: credit card, consumer loan, mortgage, car loan. The offer of a financial organization gives the borrower the opportunity to reduce the cost of servicing the loan, and the bank acquires a new client in the person of the borrower.
Most loans on the market are issued at an interest rate of 20-30%, you can find even higher. When refinancing, the annual rate can be reduced to 10–20%, this is beneficial if the client has not yet closed a large amount of debt. Since the main interest repayment goes to the first payments on schedule.
Why is it beneficial for the bank? For a financial institution, a conscientious client who honestly pays the bills is important first. The likelihood that a borrower who has already paid a loan on inconvenient conditions and will continue to pay the same loan, but on convenient terms, in another bank, is much higher than just a new client who came for a loan.
Which banks refinance loans - full list and conditions
In Russia, not all banks offer such a profitable service as re-crediting a loan existing in another organization. Before applying, you need to compare all the offers on the market.
LokoBank - offers to reissue a loan in the amount of up to 5,000,000 rubles, at an interest rate of 10.4%. The term of this loan will be up to 7 years, and guarantors are not required.
The decision will be made from a few hours to 3 days. After a positive decision, the applicant has the right to think up to 30 days whether to agree to the terms of the loan or not.
In order to apply for refinancing, it is enough to fill out the form of the borrower application form on the official website.
After signing the contract, the entire amount is issued at a time. This organization is just beginning to develop in the market for credit products, so the offer is quite profitable. It should be noted that the rate starts at 10.4%, which means that the final decision may already have a different figure.
- the product’s unique offer is that the interest rate is 11.99% -14.99% per annum, from the second year it is reduced to 9.99% on the remaining debt.
In one loan, you can combine up to 5 loans in one or different banks. At the same time, it can be up to three large loans:
- Mortgage credit lending.
- Consumer loan.
- Car loan.
Or up to four credit cards at a time. But in comparison with the previous bank, it is inferior in the maximum amount of the loan amount. It can not be more than 2 million rubles, while the minimum amount is 90 thousand.
The number of months of using the loan cannot be more than 60 months, and the minimum is 13.
In addition, the bank provides an opportunity to receive free money for personal expenses.
In addition to all the advantages, if after 3 months after receiving a loan by the client, the credit history bureau does not provide information that the borrower's loans are closed, the bank increases the annual interest rate on the remaining balance by 8 points.
The same thing happens if the borrower does not submit a certificate of full repayment of the loan, for which he received financial support. For a late payment, Raiffeisen assigns a penny in the amount of 0.1% of the amount of delay for each day of a missed payment.
Requirements for the applicant:
- A citizen of the Russian Federation from 23 (from 21 is suitable for participants in salary projects of the bank) to 65 at the time of closing the debt.
- Availability of a mobile number and a fixed work telephone number.
- The main requirement is that the applicant does not have to be an individual entrepreneur.
Required package of documents:
- Completed application form.
- Passport of the Russian Federation.
- Certificate of income in the form: 2-PIT, 3-PIT or in the form of a bank for a period of 3 months.
- Documents confirming employment: a copy of the labor (or contract for the military), certified and with a note that the employee is currently registered, a license to work or a lawyer's certificate.
- Documents confirming additional income (if any): a certificate in the form of a bank or 2-personal income tax, a certificate of property and a copy of the lease, a certificate of the amount of pension from the PFR.
For clients receiving a salary on a Raiffeisen card, only profiles and passports of the Russian Federation are enough. The decision is made from one hour. An application for consideration can be left on the bank's website.
You can also come to the department or order a loan specialist to leave the house.
Bank Zenit - proposes to reduce the interest rate to 12.5%, despite the fact that it is ready to reissue up to 5 loans in third-party organizations. The amount is up to 3 million rubles, and the term is up to 7 years. The bank also allows the applicant to receive money for personal expenses.
From the documents you need:
- application form of the applicant;
- russian passport with permanent registration;
- certificate of income confirmation;
- additional document (SNILS, TIN, Passport of a citizen of the Russian Federation, driver's license);
- a copy of the workbook / contract, all completed pages.
The application is considered by the bank no more than 2 days. The questionnaire is filled out on the site, then the applicant needs to call the bank itself at 8-800-50-59-733. If the decision is positive, the client needs to drive to the nearest Zenith office and sign the contract.
Tinkoff credit systems - re-arrange loans to Tinkoff under the programs “Balance Transfer” and “Balance Transfer”. Everything happens by transferring funds from an account belonging to a bank credit card.
A distinctive feature of this proposal is that in addition to lowering the interest rate, the client also receives 4 months of the grace period on the card, keeping within which you can pay off the debt without overpayments.
The advantage of the card is that after closing the debt, the money can be spent again on purchases, services or other needs. Also, the advantage of this is a card, and not a regular loan - cashback. That is, from each purchase on the card 1% of the amount is returned to the client.
The main minus of re-lending is that the maximum amount is 300 thousand rubles, and the interest rate is from 8% per annum.
You can pay by card with payments convenient for the client, but they should not be less than the established minimum amount. It is formed from the total approved limit, and amounts to no more than 8% of the total debt, but at the same time not less than 600 rubles.
A card can be issued by any citizen of the Russian Federation with a permanent residence permit from 18 to 60 years. Of the documents for issuing a card, only a passport is needed, and the application can be left on the official website.
VTB (VTB, VTB 24 and Bank of Moscow since 2018 they have merged into one bank) - VTB group of companies offers to transfer all existing loans to them at a rate of 12.5% \u200b\u200bper annum. The minimum amount that can be received is 100 thousand rubles, the maximum is 5 million rubles.
The payment term will be 5 years; for corporate and payroll clients, a period of up to 7 years is allowed. You can combine up to 6 different loans and credit cards, as well as receive an additional amount in excess of the existing debt.
Guarantors and collateral are not required; funds are transferred to accounts with other organizations - without commissions.
Terms of refinancing:
- The applicant is a citizen of the Russian Federation with a permanent residence in the region where the bank is located (a list of regions can be found on the official website).
- Package of documents: passport, SNILS, loan agreement, which the applicant intends to refinance, the original certificate in the form of a bank, 2-NDFL or in free form for the last six months (for salary clients, proof of income is not required).
VTB also puts forward requirements for loans that the client wants to reissue in this bank:
- The balance of payments on the loan for at least 3 months.
- The loan was taken in a third-party organization, and not in the banks of BTB-groups.
- Loan in rubles.
- Over the past six months, the debt paid off regularly and at the moment there are no delays.
You can reissue loans for movable and real estate, consumer loans and credit cards.
In order to draw up funds, you need to go to the VTB official website, fill out the application form and wait for an answer via SMS.
The money goes to the accounts of previously issued loans and to the hands if the client left a request for an additional amount.
Sberbank of Russia - offers to reissue loans with a fixed rate of 13.5%. A nice bonus is that they do not require the client to provide confirmation that the borrower has closed loans.
The maximum possible amount is 3 million rubles, up to 5 years and up to 30 if this is a restructuring of the mortgage. You can combine up to 5 loans from various financial organizations and make a payment only 1 time per month and in one place. Given the large number of branches and ATMs of Sberbank - this is very convenient!
As with many other banks, you can take an extra amount for personal expenses.
In order to reissue loans, the following conditions must be met:
- Timely repayment of debt for the entire loan term (if the loan was issued more than a year ago, then over the past 12 months).
- Lack of restructuring of the refinanced loan for the entire period of its validity.
- The loan of a third-party bank should be issued only in rubles.
- Requirements for the validity period of refinanced loans: Sberbank loans - at least 6 months from the date of conclusion of the loan agreement, loans from a third-party bank - without restrictions.
The client submitting the application must be over 21 years old and must not be more than 75 years old at the time of repayment of the debt. Also a prerequisite is a permanent residence on the territory of the Russian Federation. The total length of service is at least 12 months, and in a current position, the length of service must be at least six months.
From the documents the applicant will need: a passport, income statement, loan agreements requiring restructuring. Sberbank may additionally make a request for information on the absence of delays in existing loans.
Choosing the best offer, the borrower can pay attention to different indicators. If the goal is to close a large amount, then VTB and LokoBank will do. If the client is looking for a low interest rate, then Tinkoff, LokoBank and Raiffeisen Bank win here. Tinkoff also wins the indicator that after the transfer of funds to repay the debt there is still a grace period for 4 months.
Refinancing loans to pensioners
From the above proposals, pensioners can receive restructuring of existing loans at Sberbank, VTB and Raiffeisen. For pensioners who receive a pension on a Sberbank card by registering refinancing with this bank, the applicant receives bonus conditions at a minimum interest rate.
There are also additional offers suitable for senior citizens.
Alfa-Bank - lends to the population up to 75 years. The maximum amount that can be issued is 3 million rubles. The term starts from 24 months and ends with 7 years. Moreover, if the client expects to repay the loan no more than 5 years, then the maximum amount that can be issued is 5 million rubles. An interest rate of 11.99% per annum is charged on the balance of the debt.
Russian Agricultural Bank - disburses funds up to 3 million rubles at 3% of the balance. At the same time, up to 3 loans from other organizations can enter there and half of the amount can be taken in cash and spent on personal needs.
A unique proposal is that you can choose a payment date, but there is a limited number of them (every 5, 10, 15, 20 of the month) and, unlike many offers, you can choose a system for preparing a monthly payment: annuity or differentiated.
Loan term up to 5 years. A passport and proof of income will be required.
In which bank is it possible to refinance if there is a delay in the loan?
If the client delays the repayment of the debt, then the delay begins on the day following the date of cancellation. For such violations pennies are awarded and paid for each day of the current delay.
All payment histories are transmitted by the bank to the credit bureau, and from there other banks take information when deciding whether to approve the loan.
From which we can conclude that the presence of delays affects the receipt of financial assistance from the bank.
So is it possible to reissue a loan if there are delinquencies. First you need to figure out which delays will not count:
- To restructure the loan, the bank estimates the last 6-12 months of payment, if the delay was earlier, then it will most likely not be taken into account.
- Closed delinquencies of less than 15 days will not affect the decision.
That is, problems with restructuring arise only with open loans. The thing is that several factors influence the decision in this case:
- If the borrower pays badly now, then most likely it will be bad to pay later.
- The difficulty of calculating the exact balance of the debt due to accrued pennies.
- Possibility of litigation due to prolonged delay.
What to do to the client who has open debt, and he wants to deal with it?
To begin with, he needs to contact the bank in which he has open debt. Perhaps the organization has proposals to reissue a loan from them. Change the number of payments, reduce their size, or other offers, so that the client corrects the current situation.
If a decision to change the bank is made, the bank will agree to re-lend in the following cases:
- The client combines several loans and only one of them with open delay.
- An open delay of at least 30 calendar days.
- If the applicant receives a salary to the account in the bank to which he applies.
When making a loan to an open-ended customer, the borrower must be prepared for the fact that the interest rate on the loan will be higher than the average for all offers.
List of banks ready to accept a borrower with a missed payment:
- Russian Agricultural Bank, can make a positive decision, for customers with small delays (no more than 30 days).
- Binbank on the terms of delay of not more than 30 days and with an expanded package of documents can issue refinancing with an interest rate above 20% per annum for the balance of the account.
- Citibank, subject to life and health insurance, and possibly with a loan, will meet the client.
Even if the client is refused, even in these organizations, he has a way out to correct his credit history - an MFI, there is a very large percentage, a short period and the amount is not more than 1 million rubles. But, nevertheless, the MFI also provides CI to the credit bureau and thereby paying a microloan, you can improve the payment history and get a loan from the bank.
Choosing the best loan refinancing offer in the following video:
Aug 30, 2018 Help Help
You can ask any question below.
Which banks are involved in refinancing loans? Is it possible to refinance mortgages, consumer and card loans, overdue loans? Previously, financial institutions did not engage in this type of activity, but in the current crisis, this unspoken rule is increasingly being violated, banks offer various refinancing programs, making payments easier for customers, and minimizing the risk of default.
Refinancing is targeted lending, in which the received funds in a strictly defined amount are used to repay an existing loan at another bank (or at the same financial institution). As a result, the client gets the opportunity to facilitate payment, reduce monthly payments and interest, and the bank acquires a new client. Which bank is better to refinance a loan this year? It will not be possible to give a definite answer, everyone has different programs, they are aimed at conditions that differ from each other. For example, if you need to refinance several consumer loans, including card loans, you need to choose a bank that allows you to combine such loans into one, and then repay the issued amount in one payment.
Consumer and car loans
Which banks do refinancing consumer loans and car loans? The list is quite large, but the following financial institutions offer the best programs:
- Russian Agricultural Bank (for 10 thousand-1 million at 21% and up to 5 years);
- Tinkoff (up to 750 thousand, the rate of 18%, term - 5-60 months);
- Opening (19% rate, funds in the amount of 30 thousand-500 thousand are disbursed, the maximum duration of the contract is 3 years);
- Sberbank (you can get up to a million at a rate of 17-25.5%, the contract is concluded for a period of up to 5 years) ( how to make refinancing a loan at Sberbank?)
Which banks make refinancing loans for the purchase of cars or consumer goods, including card loans, if the amount of debt reaches a million rubles? In this case, two banks can be distinguished that offer favorable conditions and interest rates: VTB 24 and Rosbank. However, the solution to the issue depends on the type of loan already available, the balance of the amount, the presence or absence of delinquencies.
- Rosbank works with consumer and car loans, offering refinancing up to 1 million at 16-18.5%, the agreement will be concluded for a period of up to 60 months.
- VTB 24 is also involved in the re-lending of consumer loans on the following conditions: the amount issued is 30 thousand -1 million for 16-17.5, the contract is concluded for 60 months-50 years.
Attention: These conditions are basic, the exact size of the rate, the amount of money, the time of the contract depend on the balance of the debt, the value of the collateral, the age of the borrower and the level of his income! After providing the package of the required documentation (each financial institution installs it independently), a proposal is made to the client if the decision on refinancing was positive (re-lending is allowed).
Mortgage Refinancing
Mortgage contracts are not re-credited by all banks, since such loans are associated with high risks for the financial institution itself. Among the best offers, the following should be noted:
- Rosbank offers refinancing in the amount of 1.5 million -15 million, interest rate of 12.75-19%. The contract is concluded for a period of six months to 60 months;
- VTB 24 prefers on-lending of internal, that is, its own, mortgage agreements, but there is also an external program: for the amount of 500 thousand to 75 million at 15-17%, terms 60 months-50 years, conditions are offered individually after consideration of the documentation provided ;
- Alfa Bank also deals with mortgage refinancing, offering amounts up to 60 million at 17.6%, the maximum possible term is 25 years.
What to do if there is a loan delay?
Previously, re-lending in the presence of bad credit history was not carried out at all. But now, due to the large volume of defaults, some banks have begun to offer refinancing programs specifically for such loans - with the presence of delay. What is the benefit of the bank? Everything is simple - it enables the client to reduce the burden on monthly payments and reduces his own risks of loan non-repayment. Such a service may not necessarily be provided by the bank where the loan was issued earlier; some companies work with loans from other institutions.
How to get a refinance and what are the chances of it? Depending on the selected bank, the following conditions are presented to the client:
- minimal violations (the delay should not be large);
- availability of collateral with adequate value;
- surety or co-borrower.
The bank should be selected based on the size of the future monthly payment and the amount of the overpayment, the final repayment date. Which banks do overdue loans refinancing? The list includes:
- SB (Sberbank of Russia);
- Rosbank;
- Gazprombank;
- BM (Bank of Moscow);
- Alfa Bank;
- Opening;
- VTB 24;
- Raiffeisen
- Home Credit;
- Russian Standard and some others.
The conditions of each of them differ, they are aimed at satisfying various situations. For example, the SB offers the option of refinancing external loans at a rate of 17-20% and the possibility of receiving funds in the amount of 15,000-1,000,000 (depending on the balance of the debt).
VTB 24 prefers to refinance its own loans, but on favorable terms with a rate of 15-17%. He can re-lend third-party obligations, but extremely reluctantly, but it all depends on the availability of collateral and the balance of the debt.
When applying for a refinance in any financial institution, a client will need a number of documents:
- passport to confirm identity and place of registration;
- proof of income (form 2-personal income tax);
- certified copy of the employment contract / work book.
The full list depends on the bank, some require confirmation of ownership, conclusion of a contract of guarantee or convened. It must also be remembered that the funds are not issued to the client in cash, they are immediately credited to the lender's account to fully repay the loan. From this moment, new conditions begin to apply, which the client is obligated to fulfill.