Debt pit

For the last decade has seen a real credit boom: increased volumes of consumer lending increased the number of users of credit cards, purchase on credit of a car or an apartment has become the norm. The world financial crisis turned growth of distressed borrowers. Those who regularly make payments on the loans, suddenly found themselves insolvent. In most cases, this force-majeure circumstances: reduction of income, loss of jobs, the elimination of their own business, long-term disability or a disability. The debtor would be glad to return to duty, but cannot do so because of the crisis lost their source of income. The amount of the debt and the penalty interest on the loan monthly increase, and in the life of the debtors appear annoying officers to return the debt - collectors. The banks do not profitable to apply to a court due to the length of proceedings, so they all means seek to induce the debtor to pay. However, in Russia, the collection of debts as a civilized kind of activity is only being formed. Collection business is perceived as a gangster, and, unfortunately, this is not enough evidence. After all, the law on collection activities does not exist yet.
With the rise of lending in Russia has grown as well and fraudulent activities. Please in the network of deceivers and become the debtor of the Bank is very simple.
Not to get into debt hole must be legally competent person, at least have a General idea of lending, know their rights and duties.

How to get out of debt trap

The loan is a very popular way to get a lot of money here and now, among some people it is even fashionable. Many allow themselves to buy on credit expensive household appliances, car or purchased a home on the mortgage program. But any fairy tale sooner or later comes to an end. The loss of a job, loss of a stable income, reduction in production, growth of prices, the loss of disability - all of this can put borrowers in a desperate situation.


 The amount of the debt and penalty interest on the loan may grow in geometric progression on a monthly basis.The procedure of debt collection through the courts for banks takes several months, and one hundred% guarantee of repayment of the funds does not give. Therefore, the banks «sell» the debts of its negligent borrowers in the so-called debt collection Agency. Collectors can return the money to the creditor within a few days, just knocking them out of the debtor.


Be sure, if the borrower have problems with credit, then in his life soon there will be people with impunity will intimidate and threaten, bringing their victims to nervous breakdowns.