Where to get a loan without permanent registration in the passport?

Banks carefully study potential borrowers, and the requirement to register a client is one of the prerequisites. But is it possible to get a cash loan without a residence permit, where to apply and how to get money, we will consider in this article.

Do banks issue loans to clients without registration

Banking organizations take risks when issuing a loan. Based on how dangerous the transaction can be in terms of the fact that the funds will not be returned, the bank sets an interest rate or even decides to refuse lending.

The relationship between the borrower and the lender is regulated by the Civil Code of the Russian Federation, as well as the rules and conditions of the contract. So, when signing the document, the parties must indicate their address. Is it possible to get a loan without registration in this case? There is also a chance to take out a loan for those clients who are in the status without a permanent residence permit, that is, if the potential borrower currently has a temporary registration.

One of the requirements for borrowers on the part of banking companies is the presence of a permanent place of residence. But it often happens that people who currently do not live at the place of registration may need money.

This is possible if a person is studying in another city or the place of work is outside the region of permanent residence. For banks, these are also potential customers who can be financed. Therefore, a bank will give a loan without registration and registration to a solvent borrower on special conditions. In the absence of permanent registration in the passport, the bank may offer the following alternatives:

• provide movable or immovable property as collateral. In the case of the transfer of the apartment, the client cannot provide the only property;
• secure the transaction with a guarantor who has a residence permit in the region.

It should be borne in mind that a mortgaged apartment can be sold in favor of repaying a debt if the client is unable to repay the loan. Banking companies give loans without permanent registration to borrowers in the amount of not more than 60% of the appraised value of housing.

Where can you get a loan? We recommend contacting large companies such as Sberbank, VTB, Alfa-Bank and others. These organizations have a wide representation in many regions of Russia. After all, one of the conditions for taking a loan without a residence permit in the passport in the current region for the bank is to have a representative office in the region where the client’s temporary registration is issued.

At the same time, the period for which a loan can be issued under such conditions should be equal to the duration of the temporary stay. If registration is for 3 years, then the loan can be issued for a period not exceeding 3 years. In addition, the banking company will require:

• good credit history without delinquency;
• documented solvency, i.e. a loan without certificates in this situation cannot be taken.

Brokerage companies are organizations that can competently answer the question of whether it is possible to take a loan without registration. At its core, a broker is an intermediary between the borrower and banking companies. A client who has applied to such an organization asks for possible options for bank loans.

Brokers, having experience working with banks, will give a list of offers where you can get a loan without registration, providing contacts of banking companies and conditions under the contract. It is worth contacting brokerage agencies if banks refuse loans, when searching on your own, and there are no options where to get a loan. Since the services are paid and an advance payment of 100% is possible.

The cost of these works includes:

• consulting the client about which bank will be able to give a loan;
• preparation of applications immediately to a number of companies, giving an increase in the chances of approval of the transaction;
• preparation of documents signed in the conditions at the request of the borrower;
• full control over the conclusion of the transaction, which gives a positive result.

Let's look at average prices for brokerage services. They depend on the type of lending and the amount of financing. In the case of a mortgage or a car loan, the broker will take up to 2%. A person who applied for a consumer loan should be prepared to pay up to 10% of the loan.

Another option for obtaining funding is to apply to a microfinance organization. The advantage of this loan option is that the whole process can be done online. The entire procedure can take no more than 30 minutes. After this time, the funds will be credited to the card account, and they can already be used.

The company will not require the provision of guarantors or collateral for the transaction. Yes, and the issue of registration is not acute. For registration you need only a passport. You do not need to verify your income or have an impeccable credit history.

This type of loan is readily available. But this is due to the terms of the contract. The interest rate can reach from 0.5 to 1% per day, and the loan amount will not exceed 150,000 rubles, while the maximum time for which you need to repay the money is up to 6 months.

Long-term cooperation with microfinance organizations will not allow you to receive more profitable offers. Such relationships should be considered as a fallback when no other alternatives are available.

Thus, obtaining a loan without a residence permit is a very real option. Of course, the conditions will be somewhat worse than with a standard loan in your region and with proof of income and a good credit history. But even if banking companies refuse the contract, there are always alternative options.

Maxim Pogorelov

Worked for 7 years in a bank. I have two higher educations FINEC(St. Petersburg State University of Economics and Finance) and SPbPU(St. Petersburg Polytechnic University of Peter the Great).