What loans are NOT the most profitable?? - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
Loans, which are issued in stores, is the most expensive type of banking services. In to the client some banks lend only on the condition that he...Consumer loans are the most unfavorableLoans, which are issued in stores, is the most expensive type of banking services. In to the client some banks lend only on the condition that he would return the double value of the goods. Bankers explain such high prices because they lend almost at random, not knowing whether they will return the money."Many stores to the representative of the Bank is a line of scams," says Chairman of the management Board OTP Bank Dmitry Zinkov. It is the high rates, according to the financiers, should compensate for the loss from theft loans. Honest customer pays for himself and for someone who does not return money.In order to reduce the risks of defaults, some banks have created so-called credit bureaus. Through them, the bankers exchange information about borrowers, which gives the opportunity to refuse the fraudsters and lower rates for honest customers.Although the words bankers and promise reduced rates on loans, in practice the cost of credit still grew. "Given the degree of development Bureau in Ukraine, expect this (lowering interest rates. - Ed.) in the medium term", - warns the head of the press center of the Bank Elena Yaik.The reasons for greed now have a new credit history bureaus are working, but data is still too low. "About 66% of the banks do not belong anywhere and don't even think about it," says Wheat.