Unify Financial

Application for a classic car loan will be considered by the bank from half a day up to 2 working days and will require from the client, among other things also documents confirming his income. Typically, this letter from the employer on the salary for the last 6 months. Customers are checked more carefully, loan processing takes place in the bank. But the cost of the "classics" is much lower – from 9% per annum currency and by 11% – in rubles. Finally, the state program of preferential credits – it's the same classic car loan, part of the interest burden that takes the state budget. Terms of consideration for this program are the same as in "classic", but there are a number of restrictions. For example, the client must pay as a down payment of at least 15% of the value of the purchased loan in the car.

In addition, this loan program purchase only new vehicles produced in Russia. But such a loan is the cheapest – from 8% per annum in rubles! – You said that the terms of the loan depends on the available documents. The more you want documents loan, the lower the interest rate and down payment, right? – Yes, you're right. For example, if you stop in the state program of preferential car loan, while giving income statement on Form 2NDFL interest rate of 8%. Providing help in the free form, you will be credited at 11% per annum. Or agree to 15% per annum without any reference.

Therefore, you first need to find a lender, how much and what to pay. Of hidden fees are not insured by anyone, and most importantly – the borrower knows about them, as a rule, When making your first payment. To avoid such "pleasant" surprises, we should carefully read the contract, especially what is written in small print and do not be afraid of "torturing" a bank employee … This is for your own good! Financial pitfalls, which should be ready for the borrower: – almost all banks charge one-time fee for opening a loan account or charge for settlement and cash services – from 3 to 5 percent of the amount – monthly Commission for maintaining accounts – from 0,3 to 1 percent (by the way, this "service" do not provide all the banks!) – penalty for early repayment of the loan – from 2 to 5 percent of the debt (in recent years it has become fashionable to set time, such as seven months, during which the borrower can not pay more than normal on the loan amount). And that's just the money that would have to "lay out" the bank! There is something else …

Be prepared! Car loans, although it seems simple, in fact actually keeps many secrets, which are opened at registration. In addition to all of the above bank "surprises" waiting for mass avtozaemschika unpleasant moments, which also require some financial costs. Speech comes to car insurance against theft and damage – "CASCO", which a majority of creditors is declared as one of the prerequisites for auto loan, even though by law the procedure is voluntary.

Strengthening of the ruble, which pottolknuli raising the price of oil, as well as the need for rubles to pay the taxes do not like the Central Bank. Everyone has long known that the exchange rate is strongly dependent on oil prices. Oil prices predictable, they can fly vrezultate military conflict between Israel and Palestine, can fall because speculators have decided to get rid of oil futures. Back in the fall by representatives of the Central Bank announced that the ruble is not will exceed 32 rubles to the currency basket in the spring, we are now seeing 39 – 41. It turns out that all the officials were wrong, weak central bank analysts. As officially announced the first deputy chairman Central Bank AG Ulyukayev, the Central Bank bought in March in the domestic market of about $ 10 billion. That is, the Central Bank deliberately buying the currency against the ruble.

Heating season came to an end respectively, the demand for oil should be reduced, as confirmed by the annual decline in oil demand in the spring. In February, the people carried money in banks for deposits in rubles, to believe that the ruble to fluctuate in a corridor of up to 41 rubles to the basket. It turns out again accumulated ruble money in banks. The Central Bank is the fourth trading day in a row entering the market with the purchase of currency, flattening trend in the strengthening of the ruble. Course dollar against the ruble this morning in the morning on the Moscow Interbank Currency Exchange reached 33.65 rubles, which is approximately 25 cents above Tuesday's closing levels at 35 cents above the current official rate. Note that the ruble against the dollar ureplyaetsya approximately 9 -10 cents a day, which shows on the downtrend appears to technical analysis, plus all the hidden fundamentals suggest the same thing, and if in the near time does not happen collapse of the ruble, it will be done artificially, but artificially maintain the ruble can only central bank, but as we see it is not its policy.