How to deceive banks and where to turn in this case?

Almost every person in our time received an offer to take money on credit. The majority of the population of the country happily took advantage of this opportunity for various reasons. Banks offer their services, painting all the advantages and dignities of the contract. Few people will say in person that in fact the offer has many pitfalls. Therefore, people, often without going into all the details of lending, can be deceived and lose much more than they receive. Despite the laws of the country and all kinds of state influences on protecting the population from fraud, banks deceive investors, and very often they do it discreetly. Therefore, before agreeing to sign a contract, it is better to find out all the details, just how you can be deceived.

How to learn the tricks of a bank

The more the banking system develops, the stronger financial institutions veil the terms of customer service in contracts. In this regard, a person who does not have a special education and experience working with such documentation, it is very difficult to understand what exactly is being offered to him. Very often important data about the commissions are written in small print, and in some cases this text is overlaid by the bank's seals.

Therefore, not everyone can pay attention to the real cost of the services of the organization and the services offered. And in this regard, in fact it turns out that a free payment card requires payment, a loan is more expensive to pay than advertised, and the deposit account rate is much lower than previously offered. And then people complain that the bank cheated with interest, and can not prove anything, because they themselves signed this contract.

Fraud with deposits

The deposit is, perhaps, the most simple and not disguised service of the bank. Everything works according to the scheme, the client gives money and takes them through the time with interest. If the money is withdrawn from the account before the agreed time, the interest remains with the bank. It would seem that everything is simple and logical. But now bankers are developing all sorts of financial schemes that prevent a client from receiving a sum that is more than profitable for a financial institution.

For example, one of the schemes, as the banks are deceiving, is to offer a high rate on the deposit. In advertising, a high rate can be claimed, for example 33 percent. And many immediately go and put money on the deposit, expecting a big profit on interest. But in fact, the bank offers a progressive rate. That is, once a month it will increase from 0.5 to 1 percent. Suppose, initially the deposit percentage will be 9, then the next month it will increase to 9.5. And so it will rise until it reaches the mark 33. In order not to fall for this trick, it is necessary to pay attention to the advertisement, which is written, namely, whether there is a prefix "to" to the high number. If the bank offers to invest in a deposit with an interest rate of up to 30 percent, then it means that the service belongs to progressive deposits.

Additional costs outside the contract

Another trick, as the banks are deceiving, is the additional costs of deposits. The most insidious in this moment - he is not at all registered in the contract. But if the client decides to make a will to deposit, transfer someone the right to dispose of it, lose the contract or there will be some other unforeseen situation, then you have to pay the bank. In order to avoid getting into this trap, it is worthwhile to find out from the bank's employees whether there are additional expenses on the deposit in the list of their services. And also make a payment card on the deposit, with its help it will be possible to withdraw the deposit. Without it, when withdrawing funds from the account, the bank will take 1 percent of the total amount.

And the biggest deposit manipulation, as banks are deceiving, is a one-sided rate cut. Of course, by law, a financial institution has no right to do this without written notification to the client. But even here a scheme of deception was found. The contract immediately prescribes that the rate may change if the currency itself depreciates. Of course, the deceived investor can apply to the court in this case, but it is not known how long it will take to consider the matter.

Deception with plastic cards

Many ways how banks deceive people on payment cards. The beginning of collecting money from customers is still in the process of issuing the card. You can get only plastic for the deposit free of charge, otherwise you can make a contract without additional clarification of all the nuances of the risk. The issue itself can be offered, but then the client will receive a monthly or annual fee for servicing this product.

Also, you should pay close attention to the process of closing the card. In many contracts, the service of automatic card renewal is prescribed. That is, if the client does not have time to close it a month before the end of the service period, the bank has the right to automatically reissue it and write off the money from the client's account for it.

Some banks introduce fees for the non-use of cards, while monitoring the accounts of their customers. Let's say a client has not used his account for payment transactions or cash withdrawals for three months. Then the bank starts to automatically write off the funds from the card until they run out.

Payment online and transfers

Many are interested in how the banks are deceiving, offering to issue a card to pay for goods on the Internet. In theory, any plastic card can be used for this purpose, but it is likely that the financial institution will close this opportunity or limit the available limit to a paltry amount. And to change this, the client will have to contact the employees and give them a statement that he is ready to take all the risks on himself. And if money needs to be transferred abroad, then a lot of problems arise. It is extremely difficult to know the exact exchange rate, and the probability of withdrawing the additional interest for currency conversion is very high. Usually, from 1 to 2 percent of the total transfer amount is written off.

Credit plastic cards

Here the pitfalls are greatest. The very first moment that any holder of a plastic credit card encounters is a commission for withdrawing cash. It can reach 4 percent. In other words, in order not to go bankrupt, it should be used exclusively for making purchases.

The second point, how banks deceive on loans, is a grace period of repayment, so advertised by employees. First it is stated that during this period, for example, 55 days, the client can use credit funds without interest. But in fact it ends on a specific date of the month. That is, if the purchase is completed on the 1st day, then everything is in order, later it is reduced depending on the maturity. For example, if you need to pay 25 numbers, and the customer made a payment of 18, then he will have only 38 days of free use.

About what do not hold back

When making a purchase on a home loan or a car, a customer may face floating rates. The bank's booklet indicates that over time the rate may become lower, but in fact the banks raise it. In general, the most important problem is the lack of information about what rates the loan expects the client, how much will it cost insurance and so on. Omission is the main thing, as banks deceive us.

Basically, the client learns about all the nuances already in the process of formalizing the contract. And the rates agreed out loud may differ from those prescribed on paper, and after signing the order, it is almost impossible to punish the bank. Therefore, the only method of struggle is a meticulous study of the treaty. And do not be afraid that you will be considered a bore, on the contrary, for such a serious approach to the business, the client receives respect.

The cruelty of creditors with contracts on bail

Almost all loan agreements have a point where the borrower in case of non-fulfillment of certain conditions must return the entire amount of the loan. The worst thing is if the loan was received on bail. For example, the contract stipulates that if a person does not pay the card within three months, the bank has the right to receive the pledged property. To do this, employees of the bank sues, and in most cases, the mortgaged property is sold cheaply at auction. And the only thing that gets to the client is the difference between the debt and the proceeds from the sale.

Consequences for borrowers with contracts without collateral

If there is no collateral for obtaining a loan, then the borrower is expected to have more serious consequences. A court decision may lead to the fact that a client who has not paid the money on time may confiscate any of his property and sell it below market value. The most valuable is the residential area, but if it is the only borrower, then according to the law it can not be confiscated. But in this case banks sell debts to collector firms.

Their main specialization is "knocking out" debts. Naturally, their actions are now more legitimate than at the end of the last century. But all the same, it is not pleasant to communicate with them. Especially if you cheat pensioners in banks. They can not always afford to pay the money they received, or simply, without delving into the terms of the loan, pay by oral arrangements, ignoring the unconditioned conditions, against which the conflict arises. And the extra stress and stress at their age is much more serious than that of the younger generation.

What to do if the bank is deceived

Solving the problem is much more difficult than preventing it. It is better to make sure beforehand that in relations with the bank everything is fair. Perseverance, scrupulousness and even meticulousness when reading the contract can save the borrower from subsequent problems. But if the problem already exists, there are only two places where to turn if the bank is deceiving - this is the court and law enforcement agencies. Although you can also contact the bank's high management, but the probability of a refund in this case is quite small. Therefore, it is worth taking seriously the issue of concluding a cooperation agreement with the bank.