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SKB-Bank Offers Debt Refinancing Loans

UrBC, Yekaterinburg, September 14, 2016. SKB-Bank is now offering its customers debt refinancing loans that will allow them to merge several loans and credit cards into a single loan, the bank’s press service reports.

‘You can apply for a loan amount that will exceed the debt amount if necessary, and spend the remaining sum at will. The interest rate is fixed for the entire loan period and comes to 22.9% a year, which actually cuts down on the monthly payments,’ the press service says.

Example: a customer currently has two consumer loans (500,000 RUR altogether) and has to pay back 10,000 RUR and 8,000 RUR a month on these. SKB-Bank’s refinancing option will mean the borrower will only have to face one monthly payment of 14,000 RUR.

To use the offer, you need to submit your application package to any of SKB-Bank’s offices; the decision will be made within one or two days. The offer holds for both loans issued by SKB-Bank and for those issued by other banks.
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