Securing a loan with collateral is considered beneficial for both parties to the transaction.

For the lender

The bank receives a significant guarantee in the event of client insolvency. To return his funds, the creditor has the right to sell the provided collateral. From the proceeds, he takes the money due to him, and returns the rest to the client.

For the borrower

For the borrower, there are both positive and negative aspects of a transaction with property collateral. The advantages include:

• obtaining the maximum possible loan amount;
• obtaining a loan for a long period of time;
• providing money at a reduced interest rate.

At the same time, the client must remember that if it is impossible to repay the borrowed funds, he will lose his car. Sovcombank usually provides loans secured by a car for a long period. During this time, various unforeseen circumstances may occur. Therefore, before pledging a vehicle, you should weigh your financial capabilities.

It is because of this that collateral for an apartment does not always look tempting, but providing your vehicle as additional collateral for a bank loan is a more thoughtful and less risky proposition.

Sovcombank has been carrying out its financial activities for more than 25 years in Russia and is a large banking institution, which increases its reliability in the eyes of potential clients. It offers individuals a wide variety of loan products, including among consumer loans a loan secured by personal transport. This loan has its own characteristics.

Maximum amount

Sovcombank issues a maximum amount of 1 million rubles to the client against the security of his car. Money is provided only in Russian currency.

Loan terms

Sovcombank provides a loan secured by a car for no more than 5 years. In this case, the client has the right to take advantage of early repayment of the loan without applying any penalties to him.

Interest rate

If borrowed funds for the purposes specified in the agreement exceed 80%, then the rate offered is 16.9%. If the size of the loan received for a specific purpose is less than 80%, then the rate increases and is 21.9%.

If a citizen has a salary card at the bank, then the loan rate can be reduced by 5 points.

When concluding the proposed insolvency insurance agreement, the borrower can receive a loan with an interest rate of 4.86%. With the smallest loan amount taken by the client and the minimum term for concluding the agreement, the bank will offer a lower annual interest rate.

This insurance amount is paid once a year and is a salvation in case of financial difficulties for the client.

Requirements for the borrower

Loans are provided for individuals on the following favorable terms.

1. Age. The bank client applying for the loan must be over 20 years old and under 85 at the time of repayment of the last loan installment.
2. Citizenship. The potential borrower must be a citizen of Russia.
3. Employment. At the time of concluding the loan agreement, the client must be employed. Moreover, the work experience at the last place of work must be more than 4 months.
4. Registration. An individual will be able to apply for a loan only if they are registered at the location of the bank’s office branch. The distance from your place of residence to the nearest office should not exceed 70 km.
5. Telephone. An important requirement is the presence of a landline telephone number. He can be both at home and at work.

Auto vehicle collateral provided to the bank must satisfy certain conditions.

1. No more than 19 years must have passed since the car was released on the date of conclusion of the contract.
2. The car must be running and in good working order.
3. The pledged vehicle must be free from other collateral obligations. The car cannot have a double lien.
4. At the time of signing the contract, the car must not be a participant in the car loan program.

Required documents

Before concluding an agreement with the bank, the client collects the documents required for this transaction. Moreover, you will need both papers related directly to the borrower and documentation for the pledged vehicle.

For an individual

The borrower must provide a list of the following documents regarding himself:

• Russian passport and its copy;
• SNILS or driver's license (at the client's choice);
• income certificate filled out in accordance with the form of the banking institution. It indicates the amount of earnings for at least the last 4 months, taking into account all deductions, that is, income in “pure” form. The document must be endorsed by the head of the enterprise, and the organization’s seal is affixed to it.
• notarized consent of the spouse. If he is registered as a guarantor, then it is additionally necessary to conclude an agreement that stipulates all the obligations of the person giving the guarantee regarding the loan received.

For a legal entity

To provide a loan to a legal entity, a significantly larger number of documents will be required. Conventionally, they can be divided into 3 groups.

1. Constituent. These include the Charter, documents on the appointment of the general director, chief accountant.
2. Financial. This package of documents includes papers on registration in the Unified State Register of Legal Entities, certificates on the status of the current account.
3. Are common. Documents about the activities of a legal entity, its partners, main types of contracts.

Property documents

The following documents will be required for the car:

• vehicle passport;
• certificate of its registration;
• OSAGO insurance policy.

You can apply for a loan secured by a vehicle in several stages.

1. Before concluding an agreement, you should determine the purpose of obtaining borrowed funds and weigh your financial capabilities.
2. Submitting an application for a loan. This can be done at the Sovcombank office or on the official website online (https://sovcombank.ru/apply/auto/).
3. Collection of documents for the client and the car.
4. After receiving the bank’s consent to apply for a loan, you must come to the nearest branch with all the papers.
5. Concluding a loan agreement and signing a mortgage on a car. Registration of these documents in Rosreestr.
6. Transfer of money by the bank to the account specified by the client.

Debt repayment methods

After receiving a loan, an equally important issue is its timely repayment, so it is important to clarify the possible methods.

1. You can deposit the loan amount at any Sovcombank office through an operator or through a terminal or ATM of this banking institution.
2. If available from the client personal account Sovcombank, he will be able to repay his loan obligations comfortably, without leaving his home.
3. At any branch of Russian Post, the client can make a money transfer by indicating the bank account details.
4. You can also deposit the debt amount through ATMs of other banks. Please note that in this case a commission will be charged.

CHUVASH- these are the people living in Russia, they are the main population of Chuvashia (890 thousand people). The Chuvash also live in Bashkiria, Tataria, Ulyanovsk and Samara regions. In total, 1.637 million Chuvash live in Russia (2002). They speak Chuvash language. Chuvash believers are Orthodox.

In the 2nd millennium BC. On the territory of Chuvashia lived tribes of the Balanovo (in the village of Balanovo), Srubnaya and Abashevo (in the village of Abashevo) cultures. In the 1st millennium BC. - tribes of the Ananino and Gorodets cultures. The main role in the formation of the Chuvash as a people was played by the Turkic-speaking Volga-Kama Bulgars, who settled in the 7th-9th centuries AD. forest-steppe areas on the right bank of the Volga, where they mixed with local Finno-Ugric tribes. From these peoples the Chuvash tribes were subsequently formed. In the 10th-13th centuries, the state of Volga Bulgaria existed on the territory of Chuvashia. In 1236-41. Bulgaria was conquered by the Mongol-Tatars, and by the 14th century it completely fell into decline. The massive resettlement of the Bulgar-Suvars to the right bank of the Volga in the 13th-14th centuries, caused by the defeat of the Volga-Kama Bulgaria by the Mongol-Tatars, intensified the Turkization of local tribes. The Chuvash people mainly formed in the 15th century. In the second quarter of the 15th century, the Chuvash lands were included in the Kazan Khanate.

In 1546, the Chuvash turned to Ivan the Terrible for help in the fight against the Khanate and in 1551 they voluntarily annexed to the Russian state. From the Russians, the Chuvash adopted improved tools, types of housing, and clothing. Russian fortresses began to be built on the territory of Chuvashia. After the provincial reform of 1708, Chuvashia became part of the Kazan province. In the 17th-18th centuries. Chuvash peasants participated in peasant wars Stepan Razin and Emelyan Pugachev. Until the mid-18th century, tribal cults were widespread among the Chuvash. In the mid-18th century, the forced baptism of the Chuvash began (the nobility converted to Islam in 922). Before the establishment of Soviet power, the Chuvash lived in rural communities, and patriarchal remnants remained in social and family life. From traditional folk arts widespread development received: choral singing, embroidery, artistic weaving, wood carving. In the 17-18 centuries there was an active process of resettlement of the Chuvash to the Samara, Saratov, Ufa provinces, and in the 19-20 centuries - to Siberia and Central Asia.

In the second half of the 19th - early 20th century. actively developed national culture Chuvash. In 1881, the first Chuvash primer was published. The first national poets and writers appeared. In 1918, the Chuvash Drama Theater was founded, now academic theater them. K.V. Ivanova. In the modern Republic of Chuvashia, all spheres of culture are actively developing: national literature, museums, libraries.

The Chuvash consist of two ethnographic groups: the upper Chuvash (viryal) in western Chuvashia and the lower Chuvash (anatri) in eastern and southern Chuvashia. The intermediate territory is occupied by a transitional group of middle-low Chuvash (Anat Enchi), which is close in linguistic terms to the Viryal, and in everyday life - to the Anatri. The Chuvash living outside Chuvashia are overwhelmingly grassroots. From the Bulgar ancestors, the Chuvash inherited farming techniques, handicraft production, and many elements of material and spiritual culture.

CHUVASHIA(Chuvash Republic) is located in the middle reaches of the Volga. The area of ​​the republic is 18.3 thousand km 2. Population 1.351 million people. The capital of Chuvashia is the city Cheboksary. The republic was founded on June 24, 1920 as the Chuvash Autonomous Okrug, in April 1925 it was transformed into the Chuvash Autonomous Soviet Socialist Republic, and received its modern name in 1991.