How to keep savings and still get a bank loan for the missing money necessary for the purchase of a small percentage? The answer is simple: you receive a loan secured by the deposit.
Speaking legally literate language, the loan is a loan against the deposit the security of property rights to the deposit. Banks willing to lend to their customers, which in the present banking institution of deposit, that is - a deposit account. The amount of the loan against the deposit does not usually exceed 60-80% of the deposit of funds in the client's account.
You should pay particular attention to the fact that the only bank in which the deposit is engaged in the issuance of credit secured by the property rights of this deposit. Other banks do not issue credits for deposits in other banks, as they do not have appropriate access and authority to control the amount of deposit funds for the immediate release of their debt to the repayment of the loan customer.
Loan against deposit is made out quite quickly - within 1-3 days, credit is available as a deposit currency, as well as in any other currency.
The advantage of the loan secured by a deposit, is that the borrower keeps their savings in safe and sound, on the balance of deposit shall continue to accrue interest, as before. The interest rate on the deposit is usually equal to the size of the loan interest rate on deposits plus a margin (earnings) of a bank loan. The margin ranges from 4% to 8% per annum. Sometimes you can get a loan against the money held on deposit with a third party - the guarantor of property, but the lending bank and the depository bank shall be one and the same legal entity.
Making your loan against the deposit is made after the grant of a minimum of documents. Period of loan may not exceed the term of the contract of deposit, but may not exceed three years. Usually the term of deposit placement should not exceed the maturity of the loan is not less than one banking day, so that in case of delay in repayment of the loan and interest, bank employees can send funds from the deposit to pay off the debt on the loan.
Loan against property rights to the deposit - the convenient and efficient tool for solving the financial problems of short-term nature of the material, if you know how to use them wisely. "Zanachka" always be applied in a difficult financial situation of the thrifty owner of a debit-credit cards.
Speaking legally literate language, the loan is a loan against the deposit the security of property rights to the deposit. Banks willing to lend to their customers, which in the present banking institution of deposit, that is - a deposit account. The amount of the loan against the deposit does not usually exceed 60-80% of the deposit of funds in the client's account.
You should pay particular attention to the fact that the only bank in which the deposit is engaged in the issuance of credit secured by the property rights of this deposit. Other banks do not issue credits for deposits in other banks, as they do not have appropriate access and authority to control the amount of deposit funds for the immediate release of their debt to the repayment of the loan customer.
Loan against deposit is made out quite quickly - within 1-3 days, credit is available as a deposit currency, as well as in any other currency.
The advantage of the loan secured by a deposit, is that the borrower keeps their savings in safe and sound, on the balance of deposit shall continue to accrue interest, as before. The interest rate on the deposit is usually equal to the size of the loan interest rate on deposits plus a margin (earnings) of a bank loan. The margin ranges from 4% to 8% per annum. Sometimes you can get a loan against the money held on deposit with a third party - the guarantor of property, but the lending bank and the depository bank shall be one and the same legal entity.
Making your loan against the deposit is made after the grant of a minimum of documents. Period of loan may not exceed the term of the contract of deposit, but may not exceed three years. Usually the term of deposit placement should not exceed the maturity of the loan is not less than one banking day, so that in case of delay in repayment of the loan and interest, bank employees can send funds from the deposit to pay off the debt on the loan.
Loan against property rights to the deposit - the convenient and efficient tool for solving the financial problems of short-term nature of the material, if you know how to use them wisely. "Zanachka" always be applied in a difficult financial situation of the thrifty owner of a debit-credit cards.
