Living money is the cash paid for the performance of work, obligations received for the service provided, the values sold or on credit.
Given the terms of the economic crisis, getting live money on credit has become an almost impossible venture. If banks issue borrowed funds, then only after a thorough verification, which not everyone can pass. Black nonsense should be confirmed by providing a lot of documents. Getting a loan today has become much more difficult than, say, two years ago. It is necessary that net profit (the balance of money after all monthly payments) exceeds the loan contribution by double. Moreover, salaries “in the envelope” are no longer satisfied with banks as evidence, one should provide official confirmation of their own solvency.
Living money
But, statistics suggest that banks began to gradually give out live money to the population. The most popular to date are car loans, their indicators in recent months have jumped by 15%. Banks continued cooperation with car dealerships, according to their programs you can purchase a car of any model. The service of consumer loans remained the same common, however, only a few banks provide it by cooperating with supermarkets of household appliances. It became almost impossible to get live money for mortgage lending. Only having their own projects for construction projects, financiers can provide such a loan. If you are going to purchase real estate in the secondary housing market, then only four Ukrainian banks will be able to help you with a loan. The reason is that the resources of banking structures are limited, and demand has fallen significantly due to the rise in price of interest rates on mortgages and tightening requirements for customers.
In addition to a high stable salary, banks study the place of work of a potential client. If the company in which he works has no development prospects, or bank employees have doubts about its reliability, the loan is refused. In addition, an integral part of the mortgage conditions is the life of the borrower’s life.
You can also get funds in the loan in credit unions, but the term and amount here are small, you can count on a maximum of 10 thousand UAH for a period of not more than a year. If it was not possible to get money in such an organization, there is always the opportunity to borrow it from a private person at good interest.