Some banks offer loans without certificates of income, but in return ask for collateral. For example, a car. If the customer is credit without inquiries on incomes and without collateral, the Bank risks increase. And depending on the risk the Bank varies the interest by which loans.
That is because the customer does not provide official confirmation of their income, is granted a loan with relatively high interest rates. On average, banks increase the interest rate somewhere in the 5 %. By the way, according to the statistics of such consumer loans without proof of income, is actually are among those with the return which is sometimes a problem.
Advice 2 : How to get a loan without income certificate
Loan for unemployed
Recently is a large number of banks started to talk about loans without certificates of income. This service is called "credit for the unemployed". This does not mean that the banks have suddenly ceased to worry about the trustworthiness of their borrowers. Rather, attention to the unemployed segment of consumers shows the interest of banks to provide short-term loans with higher interest rates.
Most often, the loan without income certificate is ready to offer microfinance institutions and small banks. Stand out from state-owned banks, which are still strictly related to the selection of borrowers. So, Sberbank, VTB 24 and Gazprombank do not issue loans without proof of income even for regular customers.
Therefore, the appearance need to get a loan without income certificate, preferably bypassing the major banks and apply to banks of the second echelon. In a pinch, you can use the offers of microfinance institutions.
Instead of income, the Bank asks you to provide a passport and the second document: passport, military ID or driver's license.
To increase the chances of loan without references can confirm additional income – investment, pension calculation, subsidies, etc.
Most likely, when the loan for unemployed the Bank will ask for collateral in the form of movable or immovable property whose value exceeds the borrowed funds.
What to expect?
Risks in connection with the insolvency, the Bank compensates for a high level of annual interest. Most often starts from 20% to 50 % per annum.
Without proof of income banks are reluctant to issue the sum exceeding 200 000 rubles. The loan term may be up to 4 years.