The financier spoke about competent approaches for obtaining loans

For citizens who want to get a loan, it is important to reduce the debt burden (PD) to 50%. Dmitry Mikhailov, an expert on finance and loans, Chief Operating Officer of Cosmovisa Group, told about this on April 20.

"The key indicator that the bank evaluates is personal income tax. A comfortable level is no more than 50% of income. Before applying, it is wise to assess your debt burden yourself using online calculators. It is also important to check your credit history for errors — incorrect records are more common than is commonly thought," Mikhailov explained in an interview with the Prime agency.

The expert also pointed out the need for proper collection of documents. For a consumer loan, you will need a passport, SNILS or INN, income statement and a copy of the workbook. A passport is enough for salary clients. For a car loan, you will additionally need a driver's license and a personal identification card, for a mortgage — an extract from the Unified State Register of Legal Entities, cadastral and technical passports, an assessment report, and for entrepreneurs — tax returns and account statements.

Mikhailov noted that the five main reasons for refusing loans to Russians are a bad credit history, high debt burden, low or unstable income, short seniority, and age factors. For a car loan, the absence of a down payment (10-30% of the cost of the car) is added, for a mortgage — the inability to make 20% and non-compliance with the terms of preferential programs.

Money to the point: the loan taken during self-closure will be required to be returned only in one case

Why won't the loan be forgiven if it was issued on the day the restriction was set?

On April 20, the Russian Federation named the region with the most disciplined borrowers. Sevastopol became the leader in payment discipline, where the share of overdue loans to individuals is 2.67%.