Refinancing a loan, Alfa-Bank: conditions, reviews

The loan agreement implies a long-termcooperation of the client with the bank. However, at some point the financial position of the borrower may change, because of which the payment of debt becomes more complicated. Many people lose their jobs, but they can not agree with the bank on deferred payment. But there is a way out - refinancing of the loan in "Alfa-Bank", the conditions of which are presented in the article.

The concept of

Refinancing a loan in Alfa-Bank oron-lending is the ability to solve a problem with a bank whose loan is difficult to pay. This is a new loan with smaller payments and a longer period of the contract.

The essence of the procedure is that another bankwill pay for customer credit. He concludes a new contract with the borrower, under which a profitable interest will operate. Not all credit institutions offer such a service. Do not delay with the solution of the problem. We must act as quickly as possible.

The difference from the restructuring

Refinancing differs from restructuringcredit. Last service assumes change of the size of the credit, term, the rate and other conditions of the contract. It turns out that the client needs to visit the bank, write a statement, for example, on increasing the crediting period. The application will be reviewed by the bank, after which a decision will be made on the restructuring of the loan. As a result, a new payment schedule will be issued, a new amount, but the contract will be the same.

When refinancing a new contract is concluded. Subjects of the agreement also change. This is due to the fact that the procedure can be performed in the same bank or in another. But banks do not refinance their own loans, as it is unprofitable for them. Therefore, clients should apply to credit institutions that work under special programs. Such services are provided by Alfa-Bank. These programs have different conditions and requirements for borrowers. Therefore, you first need to familiarize yourself with them before choosing any service.

Conditions

With material difficulties, refinancing of the loan in Alfa-Bank will help. Its terms are as follows:

1. The loan is issued in rubles.
2. The contract can be executed for up to 25 years.
3. Sometimes you need a deposit. It all depends on the amount of debt.
4. Clients can be residents of the Russian Federation from 21 years.

The decision on the application is made by the bank solely. The client may receive a refusal if the requirements are not met.

Online application

There is an opportunity to apply in online mode,which will save considerable time. In the questionnaire you must specify the full name, phone number, address, amount. After consideration of the application, the bank specialist will contact the client. If the decision is positive, then you will be asked to visit the bank to apply for a loan.

Decor

Solve the problem with a loan right away, byeThe creditor did not receive information about delinquencies in the credit history bureau. Then refinancing of the loan in "Alfa-Bank" is unlikely to work out. For example, you should apply for on-lending with loss of work or income reduction, when it will be difficult to pay large amounts.

For a detailed consultation on yourThe situation should be addressed to the bank, where you can fill out the questionnaire. If this is not possible, then you need to use the Internet. The application can be left on the bank's website. Its consideration is carried out quickly.

How is the procedure performed?

Refinancing a loan in Alfa-Bank forIndividuals have some peculiarities of registration. First you need to apply to the institution where the loan was obtained. The bank must provide the borrower with a written response. Even if it is negative, it must be given to a new lender. Then you should send an application for refinancing a loan to Alfa-Bank.

With a positive decision, the borrower and the new onethe creditor signs the contract. The funds are transferred not to the client, but to the bank where the debt operates. The borrower will be a client of Alfa-Bank. He will be given a new contract with his payment schedule.

Requirements

If difficulties arise, please contact"Alfa Bank". Refinancing of consumer credit and mortgages will be carried out after acquaintance with the situation of the borrower. The bank makes strict demands on borrowers. It is important to have a positive credit history. In this case, the following requirements to the client should be taken into account:

• absence of prepaid loans in other organizations;
• age from 21 years;
• no debts to other banks;
• presence of a permanent job;
• the existence of property that can be made collateral;
• availability of Russian citizenship and registration in the region of treatment.

The same requirements apply to other banks.

Terms and rate

On different terms refinancing is carried outloans in Alfa-Bank. The interest rate, the maximum amount depends on various factors. For example, to pay a consumer loan issued up to 1.5 million rubles at 12.2%. Such conditions apply to salary customers.

Provides Alfa-Bank with refinancingof a mortgage loan. The minimum loan amount is 600,000 rubles. When making a service, the balance of the debt should not be higher than 85% of the price of the property. The maximum amount that the bank can provide is 60 million rubles.

The rate is determined by the term of the loan, the amountloan, real estate value. For wage customers, the rate is 11.25%, and for the rest - more than 0.25%. The smaller the loan amount, the more the estimated value of the object and the shorter the crediting period, and also the lower the rate. The maximum is 19%. In order to receive refinancing of a loan from Alfa-Bank, it is necessary to arrange life, health and collateral insurance.

Documentation

It is necessary to prepare the documents before contacting Alfa-Bank. Refinancing of the loan in cash and other loans will then be fulfilled. Customers must provide:

• passport;
• certificate of ownership;
• INN;
• certificate of income;
• work record book;
• credit agreement;
• refusal of another bank from refinancing;
• certificate of the balance of debt.

Documents must be submitted to the bank when the application is submitted. After their consideration, a decision is made, that is, the rate and term of the loan is set.

If the solution is positive,refinancing. "Alfa-Bank" pays the debt in the previous bank. And the client remains to take a certificate of account closure, termination of the contract. A new lender needs to pay on the drawn up schedule in any convenient and accessible way. Customers have the same opportunities as ordinary borrowers, so they are available for credit holidays.

Term

The crediting period is determined by various factors:

• purpose of the loan;
• financial soundness;
• the credit balance;
• age.

Now in "Alfa-Bank" there is an opportunity to issue refinancing for a period of up to 25 years. The minimum period is 5 years, while individuals can fulfill their financial obligations ahead of schedule.

Loan reception and servicing

After the transfer of funds in the old bank, the borrower must take a certificate of debt closure. After registration of the service from the new lender, you can expect:

• increase rates after a few years;
• the opening of a loan holiday, which can last several months;
• extension of the term of the loan with financial difficulties.

Payment Methods

After refinancing is requiredevery month make payments established by the contract. Individuals receive payment schedules, in which amounts and terms of payment are indicated. Clients of Alfa-Bank can increase the amount of payments, which will make it possible to repay the debt ahead of schedule.

To perform financial settlements with a financial institution, you can choose any convenient method of payment:

• card (you can install auto payment);
• terminals;
• electronic payment systems;
• cash departments of financial institutions.

Features of the transaction

Refinancing attracts people profitableconditions. This is indeed so, but it is necessary to know some of the nuances in order to successfully carry out the transaction. The service is convenient if less than half of the debt amount is paid. The reason for this is that many banks offer annuity payment schemes: equal payments consist of most of the interest at the beginning of the period with the increase in the share of the principal debt to completion. Many borrowers do not pay attention to this, since it is convenient for payment. But here the credit part is not greatly reduced, and interest is charged on it. Sometimes it is more profitable to leave a loan in a former bank.

Before refinancing, you need to know howthere will be a recalculation of interest. Also it is necessary to clarify, whether there will be penalties for early payment. It is desirable to make a deal before the payment period. It should be borne in mind that it will be necessary to arrange insurance, and this leads to additional costs.

Refinancing is really beneficial, as it helps to solve many problems. But only with careful analysis and calculation of the benefits will it be possible to make the right decision, and also save money.

Reviews about the service: pros and cons

Refinancing is a profitable proposition,especially for customers who have not been able to borrow from another bank. The main advantage of the service, according to numerous reviews, is a short period of application review, prompt resolution of the issue, release of the borrower from excessive contributions. Clients of Alfa-Bank receive low rates. The organization works with borrowers of retirement age, offering acceptable conditions for them.

The disadvantages are that the bank does not work withcustomers who have arrears. If loan payments have not been made for several months, on-lending will not be possible. "Alfa-Bank" does not work with customers who repaid loans ahead of schedule. This information comes from the credit history.

Thus, the refinancing will be excellenthelp borrowers who have loans in other banks. With the service, you can reduce interest or reduce payments. The main thing is to apply for help in a timely manner.