Ranking of the best banks for consumer credit for 2022

Modern life is hard to imagine without the active use of banking products. One of the most popular is consumer lending. The popular budget planning craze includes not only the money earned, but also the resources obtained through competent lending.

The essence of lending, its pros and cons

Consumer credit is money provided by financial institutions to citizens for spending them for consumer purposes. These purposes should not be related to business or other activities that imply the receipt of benefits. The most popular goods for which a consumer loan is issued are expensive household appliances, durable goods, furniture, as well as cars and other personal purposes.

Consumer lending offers several schemes for receiving and returning funds. When paying the down payment, the amount of interest may be lower than without fulfilling this condition. Also, a common scheme when buying a home is to receive the down payment necessary for mortgage lending on the terms of a consumer loan. In this case, two loan products are issued - consumer and mortgage. This is a rather large and lengthy burden on the budget, but such a move allows you to purchase housing without accumulating funds for a down payment.

Despite the obvious benefits in the form of a quick receipt of the desired product, vacation trips and other pleasant things, consumer lending also has a number of disadvantages. The most significant is the high interest rate, which is much higher than for mortgage and some other types of lending. The second drawback logically follows from the first drawback: a large amount of monthly payments, which can become a serious burden on the family budget. The third disadvantage is the relatively short loan term. Usually it is from 1 to 5 years, in some cases, individual banks may approve a consumer loan for 7 years.It is also worth noting the limit on the amount. Few institutions will agree to lend more than 500 thousand without liquid collateral or guarantors.

Bad credit history. What to do?

If in the past there were cases of delays in payments on previously taken loans, this can negatively affect the credit history and cause refusal. But this situation is not hopeless. Citizens with a faulty credit history can also use banking products. To do this, you need to take a number of actions.

1. Make sure that the credit history is damaged by one's own actions, and was not the result of a mistake by employees of financial organizations or fraudulent actions of third parties.
2. If there are outstanding loans, the possibility of debt restructuring through refinancing should be explored.
3. You can get money by applying for a credit card, as well as using a loan from an MFI.
4. The application can be approved when providing property as a pledge or obtaining guarantees from a guarantor.
5. A replacement for consumer lending is the purchase of goods in installments or on credit.

With further conscientious fulfillment of the obligations assumed, the credit history will change in a positive direction.

Rating of the best Russian banks

There are more than 300 different financial organizations operating in the Russian Federation that provide similar services. The criteria for differences are terms and interest rates, as well as the rigidity of requirements for a citizen's credit history.

Based on the financial rating, ten leading Russian banks can be distinguished.

1. Sberbank. Russian financial conglomerate, which is the largest not only in Russia, but also in Europe.
2. VTB. Universal commercial bank with state participation. Provides all types of loans.
3. Gazprombank. One of the largest universal banks, the third largest in Russia and Eastern Europe. Provides a full range of services to legal entities and individuals.
4. Alfa Bank. The largest private bank, which ranks fourth in terms of assets among Russian financial institutions.
5. Rosselkhozbank. A universal bank, 100% of which belongs to the state. Provides all types of services to legal entities and individuals.
6. Moscow credit bank. The largest non-state public institution that provides loans to individuals, as well as for business development.
7. Bank opening. This is a well-known brand of a universal commercial financial corporation. Differs in the struggle for the consumer and quite active, even somewhat aggressive behavior in the market.
8. Sovcombank. Private universal financial commercial structure headquartered in Kostroma.
9. Raiffeisenbank. A subsidiary of the Raiffeisen Bank International financial group, headquartered in Austria, operates in Russia.
10. Rosbank. A universal organization that was initially managed by the Société Générale financial group, and since April 2022 the Russian Interros Group has become its main shareholder.

Rating of the best banks for consumer credit

The list includes institutions offering the best loan terms for individuals.

Rating of the best banks for consumer credit among the leaders of the financial rating

Organizations from this list are known to almost everyone. A long-term stable position in the financial market is one of the grounds for trust.

Alfa Bank

Rate - from 6.9%

This organization is invited to receive up to 7.5 million rubles. for a period of 1 to 5 years. The application can be made online, the decision is made within two minutes. Money can actually be received in cash, they will be delivered to the branch or they will be delivered to the place chosen by the client. Requirements: age from 21 years old, minimum amount - 50 thousand rubles.

• fast clearance;
• minimum package of documents;
• the minimum monthly income threshold is 10 thousand rubles;
• the first payment is made after 45 days;
• the possibility of receiving cash.

• the actual interest ranges from 12.9% to 34.49% per annum.

VTB

Rate - from 5.9%

One of the country's largest financial institutions offers loans ranging from 30,000 to 7 million rubles. for a period of 6 months to 7 years. When applying online, the percentage can be reduced by 0.4%. No collateral or loan security is required. It is provided to citizens of the Russian Federation who have permanent registration in the country, aged 18 years and older, with a work experience of 1 year.

• age range from 18 to 75 years;
• interest rate reduction when applying online;
• decision from two minutes;
• transparent system of formation of monthly payment.

• the maximum amount is available only to payroll clients;
• actual percentage from 9.9% to 44.5%.

Gazprombank

Rate - from 5.9%

In this organization, you can get a loan from 100 thousand to 5 million rubles. for a period of 13 to 84 months. The rule is: the larger the amount, the lower the percentage. A preferential interest rate is applied, but only for the part of customers who have taken out life insurance. The necessary conditions are Russian citizenship and permanent registration on the territory of the Russian Federation.Requirements for seniority - at least 3 months at the last place of work and at least 1 year of total experience.

• age range from 20 to 70 years;
• the application is submitted online;
• the decision is made in 3 minutes;
• no loan collateral is required.

• To receive funds, a personal visit to the office is required.

Opening

Rate - from 5.5%

The amount of consumer credit is from 50 thousand to 5 million rubles. The term of provision is from 24 to 60 months. The minimum percentage is valid subject to the registration of life and health insurance, without it, the refusal of loans is quite high, and the rate ranges from 9.9% to 32.9% per annum. The age of the borrower is from 21 to 68 years.

• filing an application online;
• notification of the decision by SMS;
• a credit card is provided free of charge.

• formal employment is required;
• many refusals and a high percentage in case of approval of a loan without insurance.

Raiffeisenbank

Rate - from 8.99%

A loan without collateral and guarantors for any purpose can be issued online, in the amount of 30 thousand to 3 million rubles. Paying clients are waiting for especially favorable conditions. This bank has earned a reputation as one of the most honest, the promised interest rate is not much different from the actual one. It is possible to approve a loan in case of refusal of life insurance.

• reputation;
• low interest rate;
• ease of design;
• transparency of the monthly payment;
• The first payment is after 2 months.

• not found.

Rosselkhozbank

Rate - from 5.9%

In terms of the degree of state participation, this bank is comparable to the leader of the Russian financial market, Sberbank, which gives grounds for confidence in its future.Here you can get a loan for up to 5 years at a minimum rate of 5.9% per annum, the amount is up to 5 million rubles.

• governmental support;
• convenient online registration of the application;
• no collateral or surety is required;
• minimum package of documents.

• a large percentage of refusals due to unwillingness to pay for life insurance.

Sovcombank

Rate - from 6.9%

This institution can provide a loan from 300 thousand to 5 million rubles. At the same time, there is an unprecedented age range - from 20 to 85 years. Term - from 1 year to 5 years. A simple procedure for filling out an online application becomes even easier if you have an account on the State Services website. Such applications are approved on average 30% more often than without using this account.

• minimum age restrictions;
• a high percentage of approval of applications;
• the possibility of getting into the conditions of the interest-free lending campaign “Everything is at 0!”;
• minimum package of documents.

• work experience at the last place of work must be at least 4 months;
• the actual interest rate is about 9.9%.

Rating of the best banks for consumer credit among other banks

This list includes organizations that have not yet grown to the rank of leaders, but have managed to establish themselves well in the financial services market.

Home Credit

Rate - from 7.9%

It is one of the leaders in the consumer lending market. Since 1992, he has been providing loan services not only in official representative offices, but also in large household appliances stores and shopping centers. Amount from 30 thousand to 3 million rubles. can be obtained for a period of 15 months to 7 years. The age of the borrower is from 18 to 70 years.

• ease of issuance;
• can be obtained from the age of 18;
• minimum package of documents;
• instant decision on the application.

• the actual interest rate can be up to 21.9% per annum.

Ak Bars Bank

Rate - from 8.9%

This bank is extremely simple application. If a number of conditions are met, the interest rate can start from 1%, but in general, under the terms of consumer lending, it is offered from 8.9% to 23.9% per annum. The maximum rate can be approved when life insurance is waived. Loan amount - from 100 thousand to 5 million rubles, term - up to 7 years. Age - from 21 to 65 years.

• ease of design;
• approval of the application without a permanent place of work is possible;
• special conditions for payroll clients.

• small age range;
• insufficiently transparent system of accrual of monthly payment.

ATB

Rate - from 6.5%

The Asia-Pacific Bank provides a wide range of services for both individuals and businesses. This commercial structure has been operating since 1992. The procedure for obtaining a loan is simple, in most cases only a passport is required. Amount - from 30 thousand to 3 million rubles, term - from 13 to 60 months. Citizenship of the Russian Federation and permanent registration in the country, as well as a permanent place of work are required.

• ease of application;
• minimum package of documents;
• transparent interest rate;
• preferential interest rate for payroll customers.

• high failure rate.

Loco-bank

Rate - from 9.9%

The maximum amount provided by this financial institution is 15 million rubles, the term is from 36 to 120 months. It has been operating since 1994 and managed to form a positive image among consumers of financial services.The application can be completed online and the decision is made within minutes.

• simplified application procedure;
• fast decision;
• loan term up to 10 years.

• the imposition of life insurance;
• taking into account hidden fees, the interest rate can vary from 11.9% to 89%.

Post Bank

Rate - from 5.9%

The country's largest postal aggregator has been actively developing the financial services sector in recent years. Loan in the amount of 10 thousand to 5 million rubles. can be obtained for a period of 3 to 7 years. The decision is made within 1 minute. Income verification can be carried out online, as well as the application.

• the age of the borrower - from 18 years;
• ease of obtaining;
• a high percentage of approval of applications;
• guaranteed rate subject to certain conditions.

• real rate from 9.9% to 34.5% per annum;
• the minimum rate is possible only if the insurance is paid and a number of strict conditions are met.

Tinkoff bank

Rate - from 8.9%

In this institution, you can get a loan from the age of 18. The upper age limit is 70 years. Amount - from 50 thousand to 2 million rubles, term - from 3 to 60 months. Subject to registration of a pledge on real estate, the amount can be increased to 15 million rubles. the money is delivered by the courier to any place specified by the client in the form of a issued free debit card.

• ease of obtaining;
• age from 18 years;
• flexibility of conditions;
• cashback for purchases;
• free shipping.

• lack of offices;
• an ambiguous reputation.

UBRR

Rate - from 6.9%

The Ural Bank for Reconstruction and Development has been operating for more than 30 years and has earned excellent recommendations in most Russian regions. It issues loans to persons aged 21 to 75 years.Loan term - from 3 to 10 years. Amount - from 50 thousand to 5 million rubles.

• various ways of confirming earnings are accepted (tax declarations of individual entrepreneurs, etc.);
• for a loan up to 700 thousand rubles. only a passport is needed;
• fast clearance.

• the imposition of life insurance, in case of refusal, a large percentage of disapproval and a high interest rate;
• floating interest rate.

How to choose

When choosing a bank for consumer lending, you should evaluate not only your own solvency, but also a number of other criteria. The most important of them include:

1. Interest rate.
2. Loan term.
3. Transparency of terms of provision.
4. Penalties in case of possible delay.
5. Provided package of documents.
6. Necessity of collateral or guarantor.
7. Ability to apply and obtain approval online.
8. The speed of decision making on the application.

In addition, you need to check the reputation of the bank, evaluate the ease of use of its services and loan repayment procedures.

If you sensibly calculate your capabilities and choose a reliable bank, consumer credit will not turn into an unbearable burden. It will improve the quality of life with expensive new things or add an unforgettable experience in the form of a luxury vacation that would be difficult to afford without leverage. A competent policy in the field of consumer lending can make life brighter, richer and more interesting.