Banks promise to credit the rise by the end of the year

Market credit cards and car loans can become more active and get off at the normal volume for the winter 2009-2010. But on the resumption of the mortgage to wait before the summer just is not worth it: because banks do not know what will happen to property prices. By the fall of the banks have increased lending a bit. By the winter are projected to business loans for the purchase of automobiles, credit cards, and perhaps even potrebkreditovaniya should continue to gain momentum. While credit conditions at banks draconian, but the list finstruktur providing loans is increasing. Winter-spring population lent a total of five or six financial establishments, now - more than a dozen. Auto "steer" Today, one of the most accessible, if not take credit cards, a loan to buy a car. Get a loan for buying a car can be in 11 banks (six months ago there were only five). Average effective interest rate on auto loans in the beginning of September amounted to 24.82% per annum in dollars, the first payment - from 30% to 50% of the value of the car. At large banks interest rates higher than that of small ones. For example, one of the biggest financial establishments UkrSibbank offers credit for the purchase of imported or domestically produced vehicles by 30% per annum in domestic currency, the minimum down payment - 40% of the value of auto. Maximum loan term cars - five years, some models produced in China and all the cars, produced in Ukraine and CIS countries - three years. "Ukreximbank" grants loans for the purchase of any car under 26,75% annual in U.S. dollars (one-time commission - 1.8%), the first installment - 50% of the machine, crediting period - three years. Cheapest loans - a financial institution cooperating with the official dealers. For example, Index-Bank in collaboration with Renault Finance provides loans for the purchase of Renault and Dacia cars under 5.9% per annum for term loans of one year and the first payment on the loan 25% value of the car. If the credit period more than a year, then the second year the rate rises to 21,9% per annum, regardless of the amount of the first payment. In the crisis banks are trying not to lend to low-cost ( "Tavria", Vaz, "Niva") and very expensive cars (Jaguar, Porsche, Bentley), as both cheap and expensive cars in the low-liquid market, they are hard to sell. Mainly provides loans to buy cars mid-priced segment of the cost from $ 10-15 thousand to $ 40-50 thousand Projected administrator Vinnitsa branch of OTP Bank "Bogdan Ropotilova, the winter market car loans will become even more active and can enter the normal volume. - As well as credit card market - a fast market, which is rapidly rising or falling, to the same trend is understandable, - said the banker. - That there is a market forecast. Why not say, for example, on the mortgage. Inconsolable Mortgages However, several banks that are present in the city, offering mortgage loans today. However, the conditions leave much to be desired. There is evidence that some of these banks went to the issuance of such mortgages, that at least partially block the delay of the previously issued loans. But at the same time, if someone really badly wants to take advantage of such a loan - he has the right to do so. Thus, "Universalbank offers a mortgage loan, subject to 50% down payment, for up to 20 years at 23.95% in dollars. Mortgage loans in "Ukreximbank" are 28% per annum in U.S. dollars plus 1.2% of the loan one time commission, the loan granted for a maximum of 10 years, the first payment - at least 40% of the value of the object. Similar conditions in the bank "Forum". "Privatbank" on its website says that extends credit to purchase real estate for 20 years at 26.64% in dollars and subject to the availability of the first installment of 30% of the cost of housing. Bank "Kievan Rus" promises a mortgage of up to five years for a relatively small interest rate of 18% in dollars, but subject to an initial contribution from a potential contributor in 40%. According to Bogdan Ropotilova, some recovery in the mortgage market really is, but. - But, in this case, correct to speak about individual transactions, rather than on the market. Calling today's processes of "market" is still very early, - said the banker. - I think that the issuance of mortgage loans is activated in the best case in the summer of next year. There are many reasons, one of them - just do not understand what will happen to property prices further: whether they will fall or rise. Cash Loans Unsecured lending consumer needs not being disseminated in the banking market. In early September, such loans are only a few finorganizatsy. Maximum loan amount - 75 thousand dollars, a term loan - up to two years, the interest rate - 28-30% per annum plus a one-time commission of about 10% and 1-2% monthly. The effective interest rate on unsecured loans - 45-60% per annum. To obtain such a loan, the monthly official salary of the borrower must be at 120-130% higher than the payment on the loan. In addition, you want to bring one or two sureties and with a high official salaries. A small number of proposals unsecured consumer lending in the banking market due to the prohibition of the National Bank to provide loans without collateral, if the bank is unprofitable. Current trend In general, in the Vinnitsa region, January-July this year, received loans totaling $ 1,730.3 million. As the General Directorate of the economy in the Vinnitsa region, it is only 29% of the issuance of the corresponding period last year. However, the volume of credit investments, compared with the corresponding date last year, increased by 12% or 809 million dollars as at 01/08/2009 was $ 7,461.3 million. The share of credit investment banking institutions in the total amount of their assets on the balance sheet date amounted to 72%. Claims on credit, compared with the corresponding date last year, increased by 15%, or 1,028.4 million dollars, and as at 01/08/2009 was $ 7,769.2 million dollars, which is 71.6 million less - compared to 01.07.2009 year. At the same time, the total amount of overdue loans for the month increased by 24.3 million and as at 01/08/2009, stood at 486.5 million dollars, which is 354.0 million, or nearly four times the rate of 01.08. 2008.