Credit Doctor, Sovcombank: program reviews

Due to the country's unstable economy and financial crises of 2008 and 2015, many of those who borrowed could not pay off on time and spoiled their reputation. This negatively affects the ability of such people to receive new loans, because the low rating of a potential client for a financial institution is a weighty argument for refusing a loan.

Mistrust of banking structures, the difficult financial situation of a citizen and other problems are being pushed to the most extreme measures. These include a loan in an MFI, but the interest on the loan will surpass all customer expectations, because it is 300-700% per annum. However, there is an attractive at first glance service "Credit Doctor". "Sovcombank" customer reviews has the most controversial. The thing is that this program is similar to fraud. In this regard, many are interested in knowing: "Credit Doctor" (Sovcombank) - do you get money or is it another scheme of swindlers?

What is the essence of the service?

Sovcombank offers to all who have a damaged rating of the borrower, improve the credit history. A person applies to this organization, takes a few modest loans, pays everything without delay in accordance with the loan agreement. After the client fulfills all obligations, the bank guarantees him the possibility of issuing a large loan amount.

At the first stage, the client does not receive money on his hands, he is issued only a plastic card MasterCard, which can be used in Russia and other countries. In addition, the client receives an insurance contract for his life and health for 50 thousand rubles.

Who can use the CI recovery program?

Every able citizen of the Russian Federation at the age of 18 to 65 years has the opportunity to use the Credit Doctor service (Sovcombank). Reviews about it are mostly negative, as the conditions in the contract are spelled out intricately and incomprehensibly. However, some borrowers with a damaged credit history apply to this bank for the purposes of the CI restoration program and say that Sovcombank (Credit Doctor service) helped them very much.

What conditions should the borrower observe?

The client can expect in the future to receive a new loan for a large amount and whitewash his name before the financial structures only if he respects a number of conditions. First of all, the contract must be paid regularly and in full. You can not take other loans during the program and increase your debts to banks and MFIs, as this will complicate the process of improving the person's credit history. It is necessary to go through all the stages of the program.

It is important to consider that this service is not a loan, but an opportunity to improve your borrower's rating and prove that the client can be trusted. Money at registration of service at the first stage is not given out on hands, as the bank grants to citizens the credit for payment of its services. As a result, a person pays for the program, but remains due to the bank, since he took out a loan.

What documents are needed for the program?

Those who are going to use the service to restore credit history, it is necessary to prepare certain documents:

1. Passport of a Russian citizen.
2. The second document (it can be a driver's license, medical policy, TIN, passport, military ticket or SNILS).

The first step of the program

There are two options for completing the procedure for restoring the client's credit history within the framework of the Credit Doctor (Sovcombank) program. Customer feedback confirms that you can go in two ways.

I option:

1. The borrower draws up a credit agreement with the bank for 5 thousand rubles (the official amount for securities 4999).
2. The term of the grant varies from three to six months.
3. The interest rate is 48% per year.
4. The client receives from the bank a plastic card and insurance against accidents for 50 thousand rubles.

Option II:

1. Between the bank and the client a loan agreement is signed in the amount of 10 thousand rubles.
2. The term of the loan agreement can be six months or 9 months.
3. The interest rate per year is 48%.
4. The client receives a plastic card and an insurance policy for 50 thousand rubles.

It is worth noting: early repayment of the loan is impossible, which provides for mandatory payment of interest on the loan in full.

The second stage: registration of a credit card

The Credit Doctor service (Sovcombank) in the second stage provides for the execution of another loan agreement (this is possible only if the borrower has regularly paid the payments on the previous loan, avoiding delinquencies).

However, after the first stage, many consumers indignantly declare that the Credit Doctor (Sovcombank) is a fraud, because in the previous stage, customers have not received the amount that was prescribed in the contract, and for which they had to pay interest .

Nevertheless, the second stage of the program exists and includes the following:

1. The consumer sends the application via the Internet.
2. At the office of the organization, employees of the bank are presented with a passport and an additional document at the discretion of the client.
3. An agreement is concluded between the parties.

Loan conditions in the second stage are identical to the first. The difference is only a fixed term of the loan agreement in 6 months and an increase in the cash limit on the customer's bank card is doubled. To repay the loan ahead of schedule is prohibited.

The third stage of loan processing: "Express Plus"

At this stage, the bank offers clients new loan terms. Those who corrected their credit history within the framework of the first program, gets on a card from five to twenty thousand rubles for a period of six months to one year. The interest rate varies depending on whether the customer withdraws cash or pays for purchases.

In the case of passing the program for the second option, the customer is given an amount from five to thirty thousand rubles for 18 months. The interest rate differs depending on how much money will be withdrawn from the card, and how much is spent in a non-cash way. If the withdrawal of cash does not exceed 20% of the total loan amount, the interest is charged at a rate of 39%. If the client withdraws and pays over 20% of the loan amount, the rate will be 45% per year.

Guarantees after passing the credit program

"Credit Doctor" from Sovcombank is a service in three stages to restore the borrower's credit history. In the case of passing through all stages of the program without delays and violation of the rules, the bank guarantees the use of other financial products. Customers are granted credit limits up to one hundred thousand rubles and more, depending on which program the client was restoring its credit history. It is important to consider that the bank can refuse to provide a loan for reasons not related to the applicant's credit history.

Benefits for the bank

What are the advantages of Sovcombank (the "Credit Doctor" program), if the service is in demand:

• For a financial structure, it is very beneficial to conclude an agreement with the borrower without providing money to the hands.
• Absolutely all banks need customers. By refusing to all applicants with a bad credit history in lending, you can lose all customers. Especially the situation worsened due to the competition between financial institutions and the economic crisis.
• CI borrower is not always spoiled for disrespectful reasons, so some customers deserve a second chance.
• The credit history can be completely corrected, that is, the borrower can prove his worth.

How is this service better than a microloan?

Many microfinance institutions also allow to correct the credit rating of borrowers. Information on the executed loan obligations under the contract is also entered in the general database. "Credit Doctor" (Sovcombank): what is it - we already dismantled. And why is this service more profitable than a loan in an MFI for a client? The program of guaranteed restoration of credit history is designed for a long period, and a microloan is issued for 1-2 months. Short-term entries will be to whitewash the client's reputation is not enough.

Credits for the program "Credit Doctor" from "Sovcombank"

Customer opinion about the program is not the most positive. There are very few people who were satisfied with the fact that they paid for the product. Some confirm that they were very helped by the program, and they were able to get a large loan from this bank.

Most users of the program "Sovkombank" "Credit Doctor" to issue it decided not themselves, but after the requirement of the organization's employees, when they were going to take a loan here. Very many now unfoundedly accuse the bank of fraud. The program at the first stage does not involve the issue of cash. However, there is no information about this in the agreement. When a client tries to find out from the bank's employees why the money is not transferred to the card, the answer to this question is constantly different. Employees claim that they do not have to transfer money to the card. With a secondary appeal, the same consumer can receive a completely new version of the answer, for example, about a program failure or lack of competence for some employees of the bank. As a result of such a frivolous attitude, clients lose confidence in the organization and feel cheated.

Some citizens who do not have arrears on loans face the fact that they are offered a service in the most intrusive way. Especially from this pensioners who receive a pension through this bank are not protected. Many of them are not very literate in terms of finances, which causes them to misunderstand the imposed service. After all, the conditions are so complicated that it is difficult to delve into the subtleties, and the employees are not able to explain clearly what citizens should pay for if they do not receive money.

In fact, an experienced lawyer can see in the contract all the pitfalls immediately. The bank can not legally issue a loan to a citizen and not give him money, which is why the loan agreement is concluded, although in fact no loan actually exists. Perhaps this method really helps someone to fix their credit history, but the program looks like another fraudulent scheme, from which the citizens of the Russian Federation are already so tired.

Employees comment on the dissatisfaction with some of the services of the Credit Doctor (Sovcombank), whose reviews are mostly negative, in that grateful clients rarely write their opinions about the program. This is supposedly the psychology of people.