For those who want to know which bank gives a loan from the age of 18

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Surely many will agree that money is especially needed in young years, because it is at this stage of life that a person seeks himself and prepares a platform in order to realize himself in the future. It is clear that all this requires quite serious financial investments, which not everyone has. Where, for example, to get money for higher education? Moreover, these are far from all items of expenditure for young boys and girls. Clothing, food, entertainment - they pay special attention to all this. The first thing that comes to mind is to borrow from relatives or friends.

What if they aren't rich either? The only thing left is to borrow money from the bank. However, this is not as easy as it seems. First of all, you need to find out which bank gives a loan from the age of 18. As practice shows, not all of the above financial institutions positively resolve the issue, having learned that the borrower is an ordinary student. Nevertheless, the situation for university students is gradually changing for the better, because in thisage, many of them get jobs and have stable wages.

Considering the question of which bank gives a loan from the age of 18, it should be noted that the conditions for its provision for young people will not differ from the standard ones.

Cons of lending

Of course, when money is needed urgently, people agree to any demand for their return. Is it worth it? Or perhaps it is better to be patient a little and find something more suitable? Let's figure it out.

So, the young man found out for himself which bank gives a loan from the age of 18. Rejoiced at this, he turns to a financial institution, whose employees explain that he cannot count on a large amount of money (a maximum of 50 thousand rubles), while the interest rate on the loan is not so small. Obiralovka? Yes, unfortunately, this is true, and the young man cannot change anything here: he either agrees to such a proposal or not. But, having agreed, remember: you will have to pay the bills.

Who offers the most favorable conditions

Let's decide which bank gives a loan from the age of 18 with the most favorable conditions?

Experts recommend, first of all, to get acquainted with the proposals of Sberbank, VTB-24, Raiffeisen Bank, Tinkoff and Privatbank. It should be noted that the first two financial institutions do not have a clearly developed loan program - they issue money on individual terms. If atalk about "Privatbank", then this structure can provide a loan in the amount of 150 thousand rubles for 4 years, subject to 35% per annum.

With special care should be considered the proposal of the bank "Tinkoff", which offers only 12.5% per annum. however, such a low interest rate may hide a whole arsenal of fees that will significantly raise it.

Documents

So, what documents will be required for a financial institution to approve a loan (cash) from the age of 18?

It should be noted that due to the huge competition in the market, each financial institution does its best to replenish the list of its customers.

Despite the fact that banks are reluctant to issue loans from the age of 18, most of them have simplified the process of obtaining the necessary paperwork. If earlier it was necessary to document the solvency of the borrower, now it is enough to present a passport. At the same time, it is necessary to make a reservation that the above is true for cases where the loan amount is not too large (up to 30 thousand rubles). If you intend to apply for a larger loan from a bank, it may require you to provide a certificate of income or find guarantors.

Loan offers

Let's analyze the most common loan offers. Where can I get a loan from the age of 18? There are several options, and each has its own characteristics. Study our mini-review so as not to miscalculate with a choice. so…

Rosselkhozbank

This financial institution allows you to get a loan to persons who have reached the age of majority in the amount of up to 1 million rubles. It should be noted that the loan term can vary from six months to five years. The minimum interest rate is set at 12.5% per annum, and the maximum - at 18% per annum, while it depends on how long you borrowed money for. To provide a loan in the amount of up to 300 thousand rubles, you need to find a guarantor.

Sberbank

The above financial structure conducts a rather strict selection of borrowers, and the chances of getting money in debt for students are relatively small. Young people who applied to Sberbank for a loan must necessarily find guarantors, and these must be relatives. You will also need a certificate of income not only of the borrower, but also of the guarantors. The amount of borrowed funds can be up to 3 million rubles. They will have to be returned after 5 years. The minimum interest rate is 16.5% per annum, the maximum is 24.5% per annum.

GE Money Bank

This bank issues a loan of up to half a million rubles to persons over the age of 18. This money will need to be returned after 5 years.

The minimum interest rate is 19.9% per annum, the maximum is 24.5% per annum. Only girls can apply for such a loan. Yes, these are the restrictions.

Russian Standard

This banking institutionspecially for young people issued a credit card "Studencheskaya". The maximum you can get is up to 150 thousand rubles, subject to 29% per annum.

By the way, there is a grace period here. To issue the above banking product, a young person must submit a certificate of scholarship or salary.

Conclusion

Of course, a huge part of young men and women are puzzled over where to get a loan. 18 years is not a reason to refuse such an opportunity, especially in a situation where money is needed like air. However, you should seriously analyze your financial potential and calculate in advance whether you will be able to make payments on the loan on time. If not, then this idea should be abandoned in order not to fall into debt bondage.