What threatens for non-payment of a loan? Is it possible to not pay a loan, what are the consequences of this approach?

It happens that a person takes a loan from a bank and then, due to circumstances, or simply because they do not want to pay, does not make monthly installments. In such situations, notices from the financial institution can follow one another without results. But the person does not react to warnings. Representatives of the bank usually wait 60 days, during which they give the client the opportunity to pay off late payments, not recalling the debt. At the same time, many clients do not even think about what is threatening for non-payment of a loan to the bank.

Agreement

Taking into account the fact that various unforeseen situations can occur in life, a certain period for solving the problems arises. Two months is enough to somehow collect the right amount. After the expiration of the specified time, the organization has the right to apply to the collection firm, and the hard-core debtor is facing big problems. The bank goes to such an extreme measure only in hopeless cases. Sometimes a visit to a financial institution and a conversation with a manager can give one additional month of delay. It is much easier to negotiate with the bank. They will meet you, they can rewrite the schedule of payments in accordance with your wishes and explain what the failure to pay the loan to the bank threatens.

What risk does the defaulter?

You can extend the loan, for example, for a year, then the amount of the monthly payment will noticeably decrease. The bulk of overdue loans are consumer loans, the issue of which was simplified as much as possible. Previously, banks did not make claims against small non-payers and were tried mainly with legal entities. Now they are fighting for each overdue loan. In each contract there is clause 1 of Art. 819 of the Civil Code of the Russian Federation, which provides for the payment by the borrower of the loan amount. It states that the client is liable to the bank with collateral. It also specifies in detail what is threatening for non-payment of a loan. However, paragraph 1 of Art. 333 of the Civil Code of the Russian Federation can help a person in a difficult situation to fight with penalties and penalties.

Collector firms

If the situation is out of control, and the malicious defaulter simply does not respond to calls from the bank, employees of the collection firm will visit him and explain very culturally how wrong a person is and how unpleasant his irresponsibility will bring to him. The main sanctions that can be expected in case of non-payment are prescribed in the loan agreement, and you should carefully read this document before you endorse it. In case of temporary difficulties for the main debtor, the amount of the overdue payment can be paid by a third person, presenting his passport to the bank's employees.

So what threatens for non-payment of a loan? Already on the day after you miss the deposit date, a penalty of 0.01% of the principal amount is added to the total debt. It would seem that the percentage is ridiculous, but it is worth considering how much it is charged on a daily basis. It turns out that it will be necessary to overpay a lot.

Bank rights

It is worth noting that criminal liability does not threaten the non-payer. However, you can lose your property, by court decision it will go to the bank. If you have taken a mortgage and you are in arrears for more than 60 days, the management of the financial institution has the right to expose your apartment for auction. The principal amount will go to pay off the loan debt. Court costs also have to be paid to the debtor.

Collector firm, taking on the return of debt, receives 50% of the amount from the bank, so the material interest forces the representatives of the company to act very harshly. It is necessary to understand that the failure to pay the loan will not pass with impunity - the consequences can be very deplorable.

Pressure on the debtor

Acting within the framework of the law, collectors begin with a general explanatory conversation on the subject of what threatens for non-payment of a loan. Then their actions become more aggressive. According to the law, a firm that takes over the debt can apply to the court. The property of a person who does not pay the debt will be described and sold at an auction at the lowest prices.

However, some collectors, in order to avoid judicial red tape, begin to morally attack the debtor. In the course there are various ways: they annoy you with calls, warnings, they can inform the place of work or bypass all neighbors with stories about your duty.

For some time, loans were issued on the basis of a simple application for a loan. There was no need for any additional data, but the practice showed that the bank needed to protect itself from non-payment of loans. To ensure that the bulk of the funds did not "hang in the air," management had to tighten the terms of the loans.

Scammers and "honest non-payers"

Banks strictly classify debtors into two categories. The first is fraudsters taking loans on forged documents and hiding from the representatives of the institution. They believe that you can not return a loan - they will not get anything for it. The second category is ordinary citizens, who suddenly found themselves in difficult conditions. At all desire they are not able to pay a monthly amount. Often, such citizens turn (of course, not free of charge) to an anti-collector firm to avoid contact with their opponents, since communication with them does not bode well. So, it is quite clear that the big problems are the failure to pay the loan. What does this threaten and what can happen with the intervention of the judiciary?

Postponement

If there is a force majeure situation and you are overdue for the loan, you should not hide from the bank. It is better to calmly talk with his representative, explain the situation and decide together how to proceed in the future. Sometimes the client can expect a small vacation. However, do not be frivolous about the deferral granted to you - the amount must be paid necessarily, otherwise the bank will go to extreme measures. Many debtors at first do not quite understand what a failure to pay a loan, what this situation threatens and what consequences it can cause.

Auction

If your loan is secured by property, the bank has the right to demand its sale in the shortest possible time. Representatives of the organization will seek an auction in court. Do not bring to this, because your property will be sold at a minimum cost. And it is not a fact that the proceeds will cover the total debt with all its penalties and fines. If the court ruled to impose a wage, then the debtor only has a subsistence minimum, and the remaining money is automatically collected in favor of the bank in repayment of the loan.

Some people can share their personal experiences, answering the question about what is fraught with non-payment of a loan, than it threatens. The forum always discusses all the pressing problems in our life. Here, people will tell how they came out of such situations, and give advice. Of course, one can also find the answer to the question of whether it is possible not to pay a loan at all. But is it worth doing this? After all, now you know what it is threatening.

The law allows the bank to transfer a controversial loan to recover the debt of another organization. He is obliged to inform the negligent client about this. Otherwise, the debtor can appeal against this decision.

If the bank has ascertained that the client is a fraud, he can demand that law enforcement agencies initiate criminal proceedings on this fact. However, in this case, the representatives of the financial and credit organization need to prove that such a fact took place.