Today, loans are very accessible and popular. Many people use this opportunity to realize their dreams, requiring major investments. The loan today you can buy almost everything - car, an apartment, furniture or appliances. You can "borrow" money for a holiday or for the organization of a major event - such as a wedding or anniversary.
As a rule, before to take this step, the person evaluates its "strength". And, usually, he comes to the conclusion that the monthly payments will not make it to work. But everyone knows what threatens the failure to pay on the loan?
There are times when plans suddenly break - dismissal from work, a sudden illness, unexpected expenses - but who knows what can happen in life. And here comes another period of payment, and you understand that to make the payment on time can not. Well, just did!
The minimum delay
Well, first of all do not panic. If the delay is due to "valid" reasons and your guilt in this, then most likely, you will no sanctions are not threatened.
What is considered to be such reasons? Well, for example, emergency hospitalization or urgent business trip. Most of the banks are trying to meet their clients in such situations. He understands that all of us - living people, and each may have their own problems.
Generally, the delay in payment for the term of less than five days are usually no "punitive measures" are not followed. The only thing it can threaten you - the denial of the request for the next loan. Well, pay the fine, of course, necessary.
Late payment penalty
All of your relationship with the bank credit agreement clearly defined. So do not rely on excuses such as "forgotten", "I was not warned," "I did not know." They will not help.
Penalties for late payment of the loan may be a specific amount or expressed in interest rate rises - it all depends on your contract. You learned it well before you sign it? At the same time your debt is growing daily on the amount of the fine.
There is one more thing you need to know. As a rule, when making payment, banks write off the debt in a certain sequence:
- penalties for delay;
- monthly commission;
What does it mean?
For example, your monthly payment is 6,000 rubles. You are past due on it for a few days, without specifying the size of the fines, the bank brought the usual amount. Since you first write off the penalties. Suppose they amounted to 2000 rubles. Thus, in the repayment of the loan you have only 4000 rubles. And you need a 6000!
That is, you still remained overdue loan. And it will again be assessed penalties. This system is very beneficial write-off banks. If the customer is not completely made money, the outstanding balance will necessarily comprise a portion of the debt that is subject to fines. So before you pay off the debt you must contact the bank and find out the size of the penalties and the total amount of payment.
Overdue 5-10 days
It is already considered sufficiently serious misconduct. Be prepared for the fact that the bank's employees will regularly "ringing" you and remind you to pay. However, there is another method of dealing with debtors. Some banks do not show activity in the period of initial debt. However, to think that you have forgotten about - top frivolity!
Some banks are doing it unconsciously - simply because they do not have the staff to work with careless borrowers. But there are others. Their principle - "the longer a person does not pay, the greater the amount we get from him then."
As a rule, after a second delay in payment on the loan officers on the scene very different offices - the economic security of the bank. Employees of the service explain in great detail exactly what debtors troubles await them in the event of failure their obligations. The tone of communication, as a rule, varies greatly. Do not be surprised if the staff of the bank will begin to visit not only you, but also your neighbors, family and colleagues. Typically, these methods are hard to produce results - most people are afraid to spoil their reputation and find ways to pay the debt.
By entering into a relationship with the bank, you must remember, and yet another moment. Almost every man, for once in your life who got the credit, head of credit history. And the fact of delay in payment, without a doubt, will be reflected in it. Moreover, in the long delay in your bank will transfer the data to the National Bureau of Credit Histories.
What threatens a bad credit history? The fact that in the future you will not be able to use the service in any bank. They just do not want to mess with optional client. Do not you also be able to become a co-borrower or guarantor.
Refusal of loan payments
If all these measures do not have the desired effect, the creditors make a final warning - Send a letter of demand. After 30 days from the date of dispatch, they go to court.
Please be aware that lead up to this extremely disadvantageous to borrowers. The court may require the sale of your collateral at auction. A bid price is usually much lower than what you can actually "help out" for the bail. If the collateral is not, it may be seized for all your belongings. If the "arrest" is nothing, it may be a decision of dismissal to a certain amount of your salary to repay the loan.
There is another system. After some time the bank can "sell" your debts specialized collection agencies. This is your duty to go to the new creditor and the bank just writes off its balance sheet.
Well, it sure before that it is better not to bring! After all, the main purpose of collection agencies - profit. And in the choice of methods, they are far less scrupulous than the same banks. Be assured that they will find ways to ruin your life "in full."
What to do if you can not repay the loan on time?
First, and most importantly - do not try to hide. Do not ignore letters and phone calls coming from the bank. Please contact the manager of the bank, tell about their difficulties and name the exact date of repayment of the loan. If, for some reason, make payment immediately, you can not - try to agree on a postponement. Perhaps you will meet.
Sometimes banks even make up for people who are in difficult situation, the individual payment schedule. And if you are willing to pay directly at least part of the debt, you can try to agree on that you did not impose penalties or, at least, make them minimal.
The output is always there! You just have to take action and you will certainly succeed.