Banks lure people to take a loan, promising to give it without references and guarantors. Just come to any branch of the bank and show your passport. How many hopes and plans collapsed when the loan officer returned the passport with a refusal. To prevent this from happening to you, you need to know that no one will give out a loan just like that, the bank always needs guarantees that their money will be repaid properly and on time.
In order not to lose your time standing in line at the bank, and ultimately to hear the refusal, we suggest that you familiarize yourself with this article and determine for yourself whether the bank will issue a loan to you?
The main reasons for banks to refuse loans
1. Inadequate salary
Such a problem in our time is very relevant, especially when it comes to contacting mortgage banks. A profitable mortgage is issued only after a thorough check of the solvency of the client. Many employers, for their own benefit, pay their workers the so-called “gray” salary. That is, according to the documents a person receives a small amount, but "on hand" he gets a much larger amount. But the bank won’t be able to prove it, exactly all the salaries specified in your documents will go through all the documents. That is, if, according to the bank, you are not able to repay the loan, then it will not give it to you. The only way out of this situation is to look for a job with a completely white salary.
2. Bad credit history
The bank always checks whether a potential customer previously took a loan from his bank or not, and if he took it, how he paid it off: in good faith, without missing a single payment, or was not a very good customer. If you are in the database of this bank as a not very conscientious customer, then he will not give you a loan for a large amount. You can take a loan for a small amount and pay it off without delay, thereby showing that you can be a very responsible customer. But if you don’t have time to prove to the bank your intention to repay the loan, then it’s best to immediately contact another bank. Although even in this case there is no guarantee that you will receive the coveted loan, in fact, almost all the most reliable banks in Russia submit information about their clients to the so-called Credit History Bank, where any bank can subsequently see it.
3. Providing knowingly false information
A criminal record, of course, will not please any bank, but an attempt to falsify a criminal record can lead to more unpleasant consequences than the lack of funds issued by the bank in your hands. The same applies to payroll certificates.
Other reasons for refusal
4. Borrower age
This is a very mixed reason for refusing to issue funds. Almost all banks dream of middle-aged customers with an already established credit history (naturally, good), permanent work, an apartment, and so on. But sometimes money may be needed by both the pensioner and the student, and their age does not mean at all that they will not be able to pay it. If you are in one of these groups, then you should just look for a bank that your age will not confuse.
5. Lack of permanent registration
The same advice applies here: look for banks that are loyal to your situation.
“Denial of a loan on an age basis is discrimination against the rights of a citizen of the Russian Federation. In this case, the client can turn to a lawyer specializing in credit disputes, ”says Zaslon, the lawyer of the bureau of lawyers, Igolkin SV.“ However, in practice, it will be extremely difficult to win such a case. It is worth counting only on compensation for non-pecuniary damage. The court cannot force the bank to approve a loan for you. ”
