Banking Commission
Jan 13, 11:14 AM
Most banks will not call back in the near future commissions on loans - are confident in the Moscow financial agency. But the company knows where the Commission will decline or have already been reduced. A great publicity stunt - to specify in the ad rate of 15% per annum, and then "catch up" at the expense of commissions: we add 5% for loans, 2% for cash withdrawals, account maintenance, and 200 rubles for a payment order on hand. Plus fines for being late in paying the loan and obtain the rate is higher than in primitive pawnshop - 70% per annum and above. It is - absolutely typical situation for a number of large Russian banks. They aggressively marketed and well mislead potential borrowers. It is planned that A new Federal law on consumer credit, which is being developed by the Government (which has already said that with high probability the law will be enacted soon), partly limited by the bank, "the commission lawlessness." But now experts of the Moscow financial agency understands that the law will relieve potential borrowers only from certain types of tricks.And how should the Russian practice, will find options to improve profitability on risky instruments - consumer loans. What commissions will most likely not? With very high probability disappear Loan servicing fees, as obviously, this board is inherently linked to itself credit products and in fact should be included in the cost of credit - that is in the interest rate. Likely to be abolished fee for maintaining the loan account, because now companies and citizens are actively and successfully challenged the legality of this type of foreclosure commissions.
