Statistics say that in the current covid time, many citizens thoughtlessly take loans from banks, without considering all the risks. I want to eat!
Is it possible to minimize your losses and find a way out of a difficult situation?
Unfortunately, in our difficult times, we are all quite often inattentive. And in general, and in their financial affairs in particular. Therefore, we find ourselves in difficult situations, from which it is very difficult to find a way out.
At the same time, due to their old habit, they are often very indulgent towards themselves and do not understand that we ourselves are to blame in many ways, if not in everything. The way we reason: I have worked all my life, but I haven’t earned anything. Not fair! And my problem can be easily solved, only, dear employees of the bank, believe me, give me time …
Meanwhile, there is a law, that is, the legal side of the issue, which a young pretty girl, an employee of a financial organization, to which you came to understand the essence of your problem, simply has no right to neglect. Her main argument: you signed the terms of the loan agreement, which means you agreed to fulfill it. So, we don’t respect ourselves, we don’t want to do what we promised? Let’s keep this in mind and not give up responsibility for our obligations.
IF WE CANNOT PAY …
But in life, of course, anything can happen. Here is the situation: you came to the bank, where you took out a loan, but did not pay it back to the end, and you know that you will not be able to do it in the near future. How to be? Is there at least some way out that will suit you? ..
You explain to an employee of a financial institution that, for example, there is an urgent need to purchase expensive medicines or your spouse is out of work. And by all means you convince the interlocutor that the situation is fixable, just give me a time limit, help me and I will pay everything out after a while.
In this situation, the bank, most likely, will meet you halfway: it will provide restructuring or refinancing (which, in principle, is the same) for six months. For example, there was a loan for five years, with restructuring or refinancing it will stretch for ten years. But the payment at the rate will also double. Most likely, such an operation does not make much sense.
TERMS OF CANCELLATION OF PENALTY
Cancellation of fines is another matter. Here the meaning is direct and huge. Suppose a client took out a loan in the total amount of 5,000,000 rubles with a mandatory payment of 30,000 rubles per month. He missed four payments – 120,000 rubles, for which he was fined, and the total payment now amounts to 200,000 rubles (120,000 + 80,000 rubles of interest charges). If your financial situation has deteriorated, the bank will offer you to find an opportunity to deposit the amount for at least four missed payments, that is, 120,000 rubles, and a fine of 200,000 rubles will be canceled.
This way, you will be back in the schedule and will pay as you paid. But all this must be done through the bank’s cash desk, only through it. Arriving at the bank, be sure to write a statement “for the cancellation of fines”, then enter the agreed amount through the cashier. Only in this way, and not otherwise.
Cases are very different and funny (although at first glance they may seem terrible). For example, a client has a loan with a mandatory payment of 5000 rubles. The payment must be made monthly on a day determined by the bank, but for some reason four payments were missed. And this is 20,000 rubles, plus, if you take fines and penalties, another 20,000, in total – 40,000 rubles of debt. This is despite the fact that the main debt is only 100 or 50 rubles, and maybe less. That is – attention! – by making this insignificant money on the date of debiting (!), the client will not be overdue and will remain in the schedule.
You can do it differently, but this option should be offered by a bank employee and explain to the client how to behave. Let’s say a person has paid the main debt of 50 or 100 rubles with a total debt of 40,000 rubles, while there is no talk of any cancellation of fines. Further actions of the client are as follows: make your obligatory payment of 5000 rubles per month and only on one date – the “write-off date”.
Moreover, it should be entered exactly the same day, not earlier and not later, it does not matter if the write-off date falls on a weekday, weekend or holiday. The main thing here is that the person remains on the schedule of his payments, although the fines go to him (if a 10 percent penalty is prescribed in the loan agreement, calculated monthly). However, no delay, and therefore no penalty will be charged.
All these nuances, of course, remain at the discretion of the bank, so do not hesitate, come to the bankers, discuss the situation and defend your interests.
Photo: ADOBE STOCK