How to buy a car on credit
Posted on Oct 23, 2000 08:15:27 AM
Before taking a loan to buy machinery to begin to define the brand and the parameters of the car that you want to buy. Please note that banks generally lend cars purchased in the showroom.
Read the rest of это entry »
Non-interest car loans and loans with no down payment
Posted on Oct 21, 2000 08:15:27 AM
Discounts available when buying cars are especially appreciated motorists. That is why in Moscow more banks are willing to provide loans on special, concessional terms. But bankers acknowledge that at the end of the year to 75 – 80% of car loans issued to account for special programs.
Basic mistakes and errors when taking a mortgage
Posted on Oct 5, 2000 08:15:27 AM
Deciding to take the credit for the purchase of real estate mortgage lending program, not in a hurry. Before you put a signature under the statement must be carefully ponder and review all the conditions imposed by the bank or mortgage lending agency, to verify that all necessary papers and documents as may be required for credit. Often ignorance of the law and “illiteracy” borrowers in mortgage lending issues lead to errors whose consequences are very significant to the borrower.
How to determine the cost of credit
Posted on Sep 6, 2000 08:15:27 AM
The cost of the loan – the amount that the borrower must pay for credit.
The bulk of the cost of credit – part of the cost, which is paid directly to the lender.
More fraction of the cost of credit – part of the cost, which comes to others. The price of the delivered goods may also include hidden elements of the cost of credit, lenders compensate for reduction of the nominal interest rate.
The loan amount is added to the account of the following components:
– Interest rate;
– Commitment fees: 0.1-0.3% per annum payable to the bank-creditor for the obligation to reserve and provide the necessary loans to the borrower within a specified period;
– The management fee: 0.1-0.3% is paid to the bank manager, who spends the organizational work in lending to several banks;
– Insurance premiums;
– Various charges.
Deadline for bank lending is defined taking into account the chosen program. Increase it is not possible, and reducing the sometimes acceptable if lets your ability to pay. Rate of the loan and the bank is defined and discussed with the recipient of the loan is not subject. Perhaps the price of credit is not reduced, even with very low rates of banks. This should alert you, because the bank never loses their income. Surely, the income of the bank get its attendant credit services. There is a reason to specify them. If we are talking about supposedly “free loan” to buy, such as household appliances through the shop, with whom the bank has a cooperation agreement, the interest-free loans will not happen. Banks are not patrons of the arts and the price of credit is already incorporated in the price of the goods. This is easily verified on the cost of identical goods in a nearby store.
interest rate, loan, payment,Federal Law on Compulsory Social Insurance against accidents
Posted on Aug 30, 2000 08:15:27 AM
The Federal Law of 24 July 1998 N 125-FZ “On Compulsory Social Insurance against accidents and occupational diseases (amended on 17 July 1999, January 2, 2000) Adopted by the State Duma on July 2, 1998
Federation Council approved July 9, 1998
This federal law establishes in the Russian Federation, legal, economic and organizational basis for compulsory social insurance against industrial accidents and occupational diseases and determines the order of compensation for harm caused to life and health of employees in the performance of duties under an employment agreement (contract) and otherwise established by this federal law.
insurance, payment, the federation, the law, the person,